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Nonprofit · EIN 20-2047616

WORMALD FAMILY FOUNDATION INC

Tax-exempt · DESTIN, FL 32541

Financials

$142K$121K2022$136K$120K2023$137K$119K2024
Revenue Expenses · by fiscal year end
Financials of WORMALD FAMILY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
May 31, 2025990-PF$137,098$119,363$17,735$910,893$0$910,893
May 31, 2024990-PF$135,999$120,223$15,776$893,158$0$893,158
May 31, 2023990-PF$142,461$120,953$21,508$877,382$0$877,382
Financial details: 990-PF for the year ended May 31, 2025

Revenue

Contributions, gifts and grants
$100,000
Dividends
$13,070
Interest
$8,384
Net gain from sales of assets
$15,595
Other income
$49

Expenses

Grants and similar amounts paid
$115,500
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$117,037
Excise tax on investment income
$487

Balance sheet and other

Total assets, start of year
$893,158
Total assets, end of year
$910,893
Total liabilities, end of year
$0
Net assets, end of year
$910,893
Fair market value of assets
$1,065,532
Qualifying distributions
$117,037
Net investment income
$37,049

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 May 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
ROBERT K WORMALD DECEASED 1124
75 TRANQUILITY LANE, DESTIN, FL 32541
VP/TREAS/DIRECTOR0.1$0
MYRA E WORMALD
75 TRANQUILITY LANE, DESTIN, FL 32541
SECRETARY, DIRECTOR0.1$0
ELLEN WORMALD KIGHT
75 TRANQUILITY LANE, DESTIN, FL 32541
PRESIDENT, DIRECTOR1$0
990-PF for the year ended May 31, 2024: 3 people
NameTitleHours / weekCompensation
ROBERT K WORMALD
10121 CHAPEL ROAD, POTOMAC, MD 20854
VP/TREAS/DIRECTOR0.1$0
MYRA E WORMALD
10121 CHAPEL ROAD, POTOMAC, MD 20854
SECRETARY, DIRECTOR0.1$0
ELLEN WORMALD KIGHT
10121 CHAPEL ROAD, POTOMAC, MD 20854
PRESIDENT, DIRECTOR1$0
990-PF for the year ended May 31, 2023: 3 people
NameTitleHours / weekCompensation
ELLEN WORMALD KIGHT
10121 CHAPEL ROAD, POTOMAC, MD 20854
PRESIDENT, DIRECTOR1$5,000
ROBERT K WORMALD
10121 CHAPEL ROAD, POTOMAC, MD 20854
VP/TREAS/DIRECTOR0.1$0
MYRA E WORMALD
10121 CHAPEL ROAD, POTOMAC, MD 20854
SECRETARY, DIRECTOR0.1$0

Address and contacts

Address (IRS master file)
75 TRANQUILITY LN, DESTIN, FL 32541-4776
In care of
% ROBERT K WORMALD
Signed the 990-PF
ELLEN WORMALD KIGHT, PRESIDENT
Phone
(850) 502-0051
Return prepared by
COHNREZNICK ADVISORY 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 May, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025May 31, 2026October 15, 2026Not on file
2024May 31, 2025October 15, 2025990-PF on file
2023May 31, 2024October 15, 2024990-PF on file

IRS record

EIN
20-2047616
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
May
Files
Form 990-PF
Assets (IRS master file)
$910,893
Income (IRS master file)
$503,075

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFMay 2025$137,098$119,363$910,893XML
990-PFMay 2024$135,999$120,223$893,158XML
990-PFMay 2023$142,461$120,953$877,382XML
990-PFMay 2022–––IRS
990-PFMay 2021–––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 20-2047616).

Questions about WORMALD FAMILY FOUNDATION INC

What is the EIN of WORMALD FAMILY FOUNDATION INC?
The employer identification number (EIN) of WORMALD FAMILY FOUNDATION INC is 20-2047616.
Is WORMALD FAMILY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
Are donations to WORMALD FAMILY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does WORMALD FAMILY FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of WORMALD FAMILY FOUNDATION INC due?
The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did WORMALD FAMILY FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended May 2025.
Who are the officers and directors of WORMALD FAMILY FOUNDATION INC?
The 990-PF for the year ended May 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does WORMALD FAMILY FOUNDATION INC have?
On its 990-PF for the year ended May 31, 2025 it reported revenue of $137,098, expenses of $119,363 and total assets of $910,893 at year end.

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