Nonprofit · EIN 25-0537168
THOMAS JEFFERSON COMMUNITY EDUCATION FOUNDATION INC
Tax-exempt · RUTHERFORDTON, NC 28139
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,179,934 | $1,314,834 | -$134,900 | $25,255,756 | $26,120,030 | -$864,274 |
| June 30, 2024 | 990 | $1,137,603 | $1,326,023 | -$188,420 | $25,861,251 | $26,590,626 | -$729,375 |
| June 30, 2023 | 990 | $1,135,601 | $1,334,578 | -$198,977 | $26,509,073 | $27,050,028 | -$540,955 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $10,000
- Program service revenue
- $1,139,965
- Investment income
- $10,003
- Other revenue
- $19,966
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Depreciation
- $765,774
- Program services (functional)
- $1,314,834
Balance sheet and other
- Total assets, start of year
- $25,861,251
- Total assets, end of year
- $25,255,756
- Total liabilities, end of year
- $26,120,030
- Net assets, end of year
- -$864,274
- Land, buildings and equipment
- $24,015,407
- Net assets without donor restrictions
- -$864,274
- Gross receipts
- $1,179,934
- Employees
- 0
- Volunteers
- 5
- Year formed
- 2006
- State of legal domicile
- NC
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 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Doug Grondahl | Chair Trustee or director, Officer | 1 | $0 |
| Jen Halliday | Director Trustee or director | 1 | $0 |
| Darla Henderson | Director Trustee or director | 1 | $0 |
| Elizabeth Sabolovic | Director Trustee or director | 1 | $0 |
| Ray Maxwell | Member Trustee or director | 1 | $0 |
| Chance Witherspoon | Member Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Karin Cook | Chair Trustee or director, Officer | 1 | $0 |
| Jen Halliday | Director Trustee or director | 1 | $0 |
| Christine Sutton | Director Trustee or director | 1 | $0 |
| Paul Foley | Director Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Karin Cook | Chair Trustee or director, Officer | 1 | $0 |
| Jen Halliday | Director Trustee or director | 1 | $0 |
| Christine Sutton | Director Trustee or director | 1 | $0 |
| Paul Foley | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 110, RUTHERFORDTON, NC 28139-0110
- In care of
- % ACADIA NORTHSTAR
- Principal officer (990 for 2024)
- Doug Grondahl, 2527 US Hwy 221A, Mooresboro, NC 28114
- Signed the 990
- Doug Grondahl, Chair
- Phone
- (828) 657-9998
- Return prepared by
- Darrell L Keller CPA PA
Mission
The Foundation owns real estate that is leased to Thomas Jefferson Classical Academy and the Foundation also raises funds to help support the School.
Program accomplishments
- Purchased the High School and Grammar School campuses to house the operations of Thomas Jefferson Classical Academy, Inc. The facilities are leased to the school.Expenses $1,314,834 · revenue $1,179,934
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 25-0537168
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2006
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T30)
- Assets (IRS master file)
- $25,255,756
- Income (IRS master file)
- $1,179,934
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,179,934 | $1,314,834 | $25,255,756 | IRS |
| 990 | June 2024 | $1,137,603 | $1,326,023 | $25,861,251 | IRS |
| 990 | June 2023 | $1,135,601 | $1,334,578 | $26,509,073 | XML |
| 990 | June 2022 | $1,173,760 | $1,263,608 | $27,159,118 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 25-0537168).
Questions about THOMAS JEFFERSON COMMUNITY EDUCATION FOUNDATION INC
- What is the EIN of THOMAS JEFFERSON COMMUNITY EDUCATION FOUNDATION INC?
- The employer identification number (EIN) of THOMAS JEFFERSON COMMUNITY EDUCATION FOUNDATION INC is 25-0537168.
- Is THOMAS JEFFERSON COMMUNITY EDUCATION FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
- Are donations to THOMAS JEFFERSON COMMUNITY EDUCATION FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does THOMAS JEFFERSON COMMUNITY EDUCATION FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of THOMAS JEFFERSON COMMUNITY EDUCATION FOUNDATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THOMAS JEFFERSON COMMUNITY EDUCATION FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of THOMAS JEFFERSON COMMUNITY EDUCATION FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names Doug Grondahl.
- Who are the officers and directors of THOMAS JEFFERSON COMMUNITY EDUCATION FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does THOMAS JEFFERSON COMMUNITY EDUCATION FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,179,934, expenses of $1,314,834 and total assets of $25,255,756 at year end.
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All nonprofits in RUTHERFORDTON · North Carolina · Philanthropy, voluntarism and grantmaking foundations