Nonprofit · EIN 26-3659563
SOLLEY FOUNDATION
Tax-exempt · DECATUR, AL 35601
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $81,339 | $148,436 | -$67,097 | $413,277 | $0 | $413,277 |
| December 31, 2024 | 990-PF | $80,149 | $146,332 | -$66,183 | $480,374 | $0 | $480,374 |
| December 31, 2023 | 990-PF | $32,911 | $119,781 | -$86,870 | $546,557 | $0 | $546,557 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $15,455
- Interest
- $13
- Net gain from sales of assets
- $65,868
- Other income
- $3
Expenses
- Grants and similar amounts paid
- $135,600
- Disbursements for charitable purposes
- $135,600
- Excise tax on investment income
- $996
Balance sheet and other
- Total assets, start of year
- $480,374
- Total assets, end of year
- $413,277
- Total liabilities, end of year
- $0
- Net assets, end of year
- $413,277
- Fair market value of assets
- $716,611
- Qualifying distributions
- $135,600
- Net investment income
- $81,339
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RONNIE B SOLLEY 2007 KATIE DR SW, DECATUR, AL 35603 | PRESIDENT | 0.08 | $0 |
| ROBIN S BARKER 3716 SOUTH WOODTRAIL ROAD, DECATUR, AL 35603 | SECRETARY-TR | 0.04 | $0 |
| RAY R SOLLEY 3536 DANVILLE RD SW, DECATUR, AL 35603 | DIRECTOR | 0.02 | $0 |
| LINDA L SOLLEY 3536 DANVILLE RD SW, DECATUR, AL 35603 | DIRECTOR | 0.02 | $0 |
| BOBBIE A SOLLEY 2307 CHASTEEN COURT, MURFREESBORO, TN 37130 | DIRECTOR | 0.02 | $0 |
| ANNA B D'HERDE 312 HAYDEN HEADY ROAD, BOWLING GREEN, KY 42104 | DIRECTOR | 0.02 | $0 |
| CARSON R SOLLEY 2007 KATIE DR SW, DECATUR, AL 35603 | DIRECTOR | 0.02 | $0 |
| BO M SOLLEY 2007 KATIE DR SW, DECATUR, AL 35603 | DIRECTOR | 0.02 | $0 |
990-PF for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RONNIE B SOLLEY 2007 KATIE DR SW, DECATUR, AL 35603 | PRESIDENT | 0.08 | $0 |
| ROBIN S BARKER 3716 SOUTH WOODTRAIL ROAD, DECATUR, AL 35603 | SECRETARY-TR | 0.04 | $0 |
| RAY R SOLLEY 3536 DANVILLE RD SW, DECATUR, AL 35603 | DIRECTOR | 0.02 | $0 |
| LINDA L SOLLEY 3536 DANVILLE RD SW, DECATUR, AL 35603 | DIRECTOR | 0.02 | $0 |
| BOBBIE A SOLLEY 2307 CHASTEEN COURT, MURFREESBORO, TN 37130 | DIRECTOR | 0.02 | $0 |
| ANNA B D'HERDE 312 HAYDEN HEADY ROAD, BOWLING GREEN, KY 42104 | DIRECTOR | 0.02 | $0 |
| CARSON R SOLLEY 2007 KATIE DR SW, DECATUR, AL 35603 | DIRECTOR | 0.02 | $0 |
| BO M SOLLEY 2007 KATIE DR SW, DECATUR, AL 35603 | DIRECTOR | 0.02 | $0 |
990-PF for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RONNIE B SOLLEY 2007 KATIE DR SW, DECATUR, AL 35603 | PRESIDENT | 0 | $0 |
| ROBIN S BARKER 3716 SOUTH WOODTRAIL ROAD, DECATUR, AL 35603 | SECRETARY-TR | 0 | $0 |
| RAY R SOLLEY 3536 DANVILLE RD SW, DECATUR, AL 35603 | DIRECTOR | 0 | $0 |
| LINDA L SOLLEY 3536 DANVILLE RD SW, DECATUR, AL 35603 | DIRECTOR | 0 | $0 |
| BOBBIE A SOLLEY 2307 CHASTEEN COURT, MURFREESBORO, TN 37130 | DIRECTOR | 0 | $0 |
| ANNA B D'HERDE 312 HAYDEN HEADY ROAD, BOWLING GREEN, KY 42104 | DIRECTOR | 0 | $0 |
| CARSON R SOLLEY 2007 KATIE DR SW, DECATUR, AL 35603 | DIRECTOR | 0 | $0 |
| BO M SOLLEY 2007 KATIE DR SW, DECATUR, AL 35603 | DIRECTOR | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 237 JOHNSTON ST SE, DECATUR, AL 35601-2515
- In care of
- % RAY R SOLLEY
- Signed the 990-PF
- RONNIE B SOLLEY, PRESIDENT
- Phone
- (256) 353-1611
- Return prepared by
- BYRD SMALLEY & ADAMS PC
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 | 990-PF 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
- 26-3659563
- 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
- 2008
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $413,277
- Income (IRS master file)
- $149,596
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $81,339 | $148,436 | $413,277 | IRS |
| 990-PF | December 2024 | $80,149 | $146,332 | $480,374 | IRS |
| 990-PF | December 2023 | $32,911 | $119,781 | $546,557 | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
| 990-PF | December 2017 | – | – | – | 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 26-3659563).
Questions about SOLLEY FOUNDATION
- What is the EIN of SOLLEY FOUNDATION?
- The employer identification number (EIN) of SOLLEY FOUNDATION is 26-3659563.
- Is SOLLEY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
- Are donations to SOLLEY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does SOLLEY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of SOLLEY FOUNDATION 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 SOLLEY FOUNDATION 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 SOLLEY FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does SOLLEY FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $81,339, expenses of $148,436 and total assets of $413,277 at year end.
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