Nonprofit · EIN 20-1939160
W EARL RICHARDS CHARITABLE FOUNDATION INC
Tax-exempt · BIRMINGHAM, AL 35203
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $3,415,454 | $2,546,850 | $868,604 | $11,270,923 | $0 | $11,270,923 |
| December 31, 2023 | 990-PF | $1,653,255 | $2,510,571 | -$857,316 | $10,733,037 | $0 | $10,733,037 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,103,542
- Dividends
- $322,600
- Interest
- $67,474
- Net gain from sales of assets
- $921,938
- Other income
- -$100
Expenses
- Grants and similar amounts paid
- $1,941,092
- Compensation of officers, directors and key employees
- $259,287
- Disbursements for charitable purposes
- $2,033,489
- Excise tax on investment income
- $19,497
Balance sheet and other
- Total assets, start of year
- $10,733,037
- Total assets, end of year
- $11,270,923
- Total liabilities, end of year
- $0
- Net assets, end of year
- $11,270,923
- Fair market value of assets
- $17,308,740
- Qualifying distributions
- $2,033,489
- Net investment income
- $1,789,046
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK J BROWN 2000 MORRIS AVENUE SUITE 1300, BIRMINGHAM, AL 35203 | PRESIDENT/SECRETARY | 2 | $150,000 |
| KENNETH H POLK 2000 MORRIS AVENUE SUITE 1300, BIRMINGHAM, AL 35203 | VP/TREASURER | 2 | $100,000 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK J BROWN 2000 MORRIS AVENUE SUITE 1300, BIRMINGHAM, AL 35203 | PRESIDENT/SECRETARY | 2 | $150,000 |
| KENNETH H POLK 2000 MORRIS AVENUE SUITE 1300, BIRMINGHAM, AL 35203 | VP/TREASURER | 2 | $100,000 |
Address and contacts
- Address (IRS master file)
- 2000 MORRIS AVE APT 1300, BIRMINGHAM, AL 35203-4163
- In care of
- % KENNETH H POLK
- Signed the 990-PF
- KEN POLK, PRESIDENT
- Phone
- (205) 488-4300
- Return prepared by
- ARLINGTON ASSOCIATES LLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 20-1939160
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2005
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Education (B21)
- Assets (IRS master file)
- $11,270,923
- Income (IRS master file)
- $4,575,092
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $3,415,454 | $2,546,850 | $11,270,923 | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $1,653,255 | $2,510,571 | $10,733,037 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-1939160).
Questions about W EARL RICHARDS CHARITABLE FOUNDATION INC
- What is the EIN of W EARL RICHARDS CHARITABLE FOUNDATION INC?
- The employer identification number (EIN) of W EARL RICHARDS CHARITABLE FOUNDATION INC is 20-1939160.
- Is W EARL RICHARDS CHARITABLE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
- Are donations to W EARL RICHARDS CHARITABLE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does W EARL RICHARDS CHARITABLE FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of W EARL RICHARDS CHARITABLE FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did W EARL RICHARDS CHARITABLE FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of W EARL RICHARDS CHARITABLE FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 2 people; 2 received compensation from the organization, the highest $150,000 (MARK J BROWN, PRESIDENT/SECRETARY).
- How much revenue does W EARL RICHARDS CHARITABLE FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $3,415,454, expenses of $2,546,850 and total assets of $11,270,923 at year end.
Other nonprofits in BIRMINGHAM
- SAMFORD UNIVERSITY EIN 63-0312914 · last filed 990 for 2025
- SCHOLARSHIPS FOR KIDS INC EIN 46-2286764 · last filed 990 for 2024
- I3 ACADEMY EIN 83-1049224 · last filed 990 for 2025
- BIRMINGHAM PROMISE INC EIN 84-2830568 · last filed 990 for 2024
- NEW SCHOOLS FOR ALABAMA EIN 46-3827127 · last filed 990 for 2025
- UAB EDUCATIONAL FOUNDATION EIN 63-6155094 · last filed 990 for 2025
- LEGACY SCHOOLS EIN 81-2601194 · last filed 990 for 2024
- ALTAMONT SCHOOL EIN 63-0302110 · last filed 990 for 2025