Nonprofit · EIN 23-7286585
WARE FOUNDATION
Tax-exempt · MADISON, MS 39110
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $708,710 | $1,403,790 | -$695,080 | $18,290,066 | $0 | $18,290,066 |
| December 31, 2023 | 990-PF | $477,780 | $1,415,977 | -$938,197 | $17,552,370 | $0 | $17,552,370 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $256,802
- Interest
- $68,625
- Net gain from sales of assets
- $383,283
Expenses
- Grants and similar amounts paid
- $698,974
- Compensation of officers, directors and key employees
- $335,537
- Disbursements for charitable purposes
- $963,378
- Excise tax on investment income
- $3,729
Balance sheet and other
- Total assets, start of year
- $17,552,370
- Total assets, end of year
- $18,290,066
- Total liabilities, end of year
- $0
- Net assets, end of year
- $18,290,066
- Fair market value of assets
- $18,290,066
- Qualifying distributions
- $963,378
- Net investment income
- $708,710
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 |
|---|---|---|---|
| ELIZABETH EASON 123 NOAHS MILL RD, MADISON, MS 39110 | PRESIDENT | 0 | $99,600 |
| MORGAN WARE SOUMAH 28 28TH STREET NW, ATLANTA, GA 30305 | VICE PRESIDE | 0 | $99,600 |
| JOHN EDWARDS 588 SUGAR HILL ROAD, CLYDE, NC 28721 | SECRETARY/TR | 0 | $99,600 |
| JAMES ODOM 2140 MEADOW CLIFF DRIVE NE, ATLANTA, GA 30345 | TRUSTEE | 0 | $36,737 |
990-PF for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MORGAN WARE SOUMAH 28 28TH STREET NW, ATLANTA, GA 30305 | VICE PRESIDE | 0 | $99,600 |
| ELIZABETH EASON 123 NOAHS MILL RD, MADISON, MS 39110 | PRESIDENT | 0 | $99,600 |
| JOHN EDWARDS 588 SUGAR HILL ROAD, CLYDE, NC 28721 | SECRETARY/TR | 0 | $99,600 |
| JAMES ODOM 2140 MEADOW CLIFF DRIVE NE, ATLANTA, GA 30345 | TRUSTEE | 0 | $36,737 |
Address and contacts
- Address (IRS master file)
- 1888 MAIN ST STE C439, MADISON, MS 39110-6337
- Signed the 990-PF
- ELIZABETH EASON, PRESIDENT
- Phone
- (601) 898-4321
- Website
- WWW.WAREFOUNDATION.ORG
- Return prepared by
- BURNS & HERRING 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
- 23-7286585
- 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
- 1973
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $18,290,066
- Income (IRS master file)
- $2,276,652
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $708,710 | $1,403,790 | $18,290,066 | IRS |
| 990-PF | December 2023 | $477,780 | $1,415,977 | $17,552,370 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2019 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
| 990-PF | December 2017 | – | – | – | IRS |
| 990-PF | December 2016 | – | – | – | 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 23-7286585).
Questions about WARE FOUNDATION
- What is the EIN of WARE FOUNDATION?
- The employer identification number (EIN) of WARE FOUNDATION is 23-7286585.
- Is WARE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1973.
- Are donations to WARE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does WARE FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of WARE FOUNDATION 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 WARE FOUNDATION 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 WARE FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 4 people; 4 received compensation from the organization, the highest $99,600 (ELIZABETH EASON, PRESIDENT).
- How much revenue does WARE FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $708,710, expenses of $1,403,790 and total assets of $18,290,066 at year end.
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