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Nonprofit · EIN 20-8115548

SMARTBANK FOUNDAITON

Tax-exempt · CHATTANOOGA, TN 37402

Financials

$15K$53K2023$14K$40K2024$13K$34K2025
Revenue Expenses · by fiscal year end
Financials of SMARTBANK FOUNDAITON by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$12,834$34,080-$21,246$177,041$0$177,041
December 31, 2024990-PF$13,706$39,723-$26,017$198,287$0$198,287
December 31, 2023990-PF$15,145$52,949-$37,804$224,304$0$224,304
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$7,842
Net gain from sales of assets
$4,992

Expenses

Grants and similar amounts paid
$30,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$32,550
Excise tax on investment income
$157

Balance sheet and other

Total assets, start of year
$198,287
Total assets, end of year
$177,041
Total liabilities, end of year
$0
Net assets, end of year
$177,041
Fair market value of assets
$280,864
Qualifying distributions
$32,550
Net investment income
$12,834

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
BILLY CARROLL
6401 LEE HIGHWAY SUITE B, CHATTANOOGA, TN 37421
PRESIDENT2$0
BILL CARROLL
6401 LEE HIGHWAY SUITE B, CHATTANOOGA, TN 37421
TREASURER2$0
MILLER WELBORN
6401 LEE HIGHWAY SUITE B, CHATTANOOGA, TN 37421
SECRETARY2$0
990-PF for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
BILLY CARROLL
6401 LEE HIGHWAY SUITE B, CHATTANOOGA, TN 37421
PRESIDENT2$0
BILL CARROLL
6401 LEE HIGHWAY SUITE B, CHATTANOOGA, TN 37421
TREASURER2$0
MILLER WELBORN
6401 LEE HIGHWAY SUITE B, CHATTANOOGA, TN 37421
SECRETARY2$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
BILLY CARROLL
6401 LEE HIGHWAY SUITE B, CHATTANOOGA, TN 37421
PRESIDENT2$0
BILL CARROLL
6401 LEE HIGHWAY SUITE B, CHATTANOOGA, TN 37421
TREASURER2$0
MILLER WELBORN
6401 LEE HIGHWAY SUITE B, CHATTANOOGA, TN 37421
SECRETARY2$0

Address and contacts

Address (IRS master file)
835 GEORGIA AVENUE, CHATTANOOGA, TN 37402-2214
In care of
% FRANK HUGHES PRESIDENT
Signed the 990-PF
BILLY CARROLL, PRESIDENT
Phone
(423) 385-3097
Return prepared by
PYA P C

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
20-8115548
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
2009
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$177,041
Income (IRS master file)
$33,525

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$12,834$34,080$177,041IRS
990-PFDecember 2024$13,706$39,723$198,287IRS
990-PFDecember 2023$15,145$52,949$224,304XML
990-PFDecember 2022–––IRS
990-TDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-TDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-TDecember 2020–––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 20-8115548).

Questions about SMARTBANK FOUNDAITON

What is the EIN of SMARTBANK FOUNDAITON?
The employer identification number (EIN) of SMARTBANK FOUNDAITON is 20-8115548.
Is SMARTBANK FOUNDAITON tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
Are donations to SMARTBANK FOUNDAITON tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does SMARTBANK FOUNDAITON file?
Form 990-PF. Private foundations file every year.
When is the next return of SMARTBANK FOUNDAITON due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SMARTBANK FOUNDAITON last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of SMARTBANK FOUNDAITON?
The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does SMARTBANK FOUNDAITON have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $12,834, expenses of $34,080 and total assets of $177,041 at year end.

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