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Nonprofit · EIN 26-4535511

PARC FOUNDATION INC

Tax-exempt · SEVIERVILLE, TN 37862

Financials

$19K$15K2021$36K$17K2022$24K$18K2023$22K$17K2024$20K$11K2025
Revenue Expenses · by fiscal year end
Financials of PARC FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$19,944$11,148$8,796$47,870$143,491-$95,621
December 31, 2024990-PF$21,640$17,497$4,143$45,786$150,203-$104,417
December 31, 2023990-PF$24,012$17,696$6,316$195,813$304,373-$108,560
December 31, 2022990-PF$35,715$16,979$18,736$260,252$375,128-$114,876
December 31, 2021990-PF$18,552$15,274$3,278$241,516$375,128-$133,612
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$8,261
Other income
$11,683

Expenses

Grants and similar amounts paid
$7,800
Disbursements for charitable purposes
$7,800

Balance sheet and other

Total assets, start of year
$45,786
Total assets, end of year
$47,870
Total liabilities, end of year
$143,491
Net assets, end of year
-$95,621
Fair market value of assets
$47,870
Qualifying distributions
$7,800

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
RANDAL H DREW
1545 PARKWAY, SEVIERVILLE, TN 37862
SEC/TREAS0$0
DEBORAH D DREW
1545 PARKWAY, SEVIERVILLE, TN 37862
CHAIRMAN/CEO0$0
990-PF for the year ended December 31, 2024: 2 people
NameTitleHours / weekCompensation
RANDAL H DREW
1545 PARKWAY, SEVIERVILLE, TN 37862
SEC/TREAS0$0
DEBORAH D DREW
1545 PARKWAY, SEVIERVILLE, TN 37862
CHAIRMAN/CEO0$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
RANDAL H DREW
8646 BAYPINE ROAD STE 101, JACKSONVILLE, FL 32256
SECRETARY/TR0$0
DEBORAH D DREW
8649 BAYPINE ROAD STE 101, JACKSONVILLE, FL 32256
CHAIR0$0
BOB BALDWIN
8649 BAYPINE ROAD STE 101, JACKSONVILLE, FL 32256
EXECUTIVE DI0$0
990-PF for the year ended December 31, 2022: 3 people
NameTitleHours / weekCompensation
RANDAL H DREW
8646 BAYPINE ROAD STE 101, JACKSONVILLE, FL 32256
SECRETARY/TR0$0
DEBORAH D DREW
8649 BAYPINE ROAD STE 101, JACKSONVILLE, FL 32256
CHAIR0$0
BOB BALDWIN
8649 BAYPINE ROAD STE 101, JACKSONVILLE, FL 32256
EXECUTIVE DI0$0
990-PF for the year ended December 31, 2021: 3 people
NameTitleHours / weekCompensation
RANDAL H DREW
8646 BAYPINE ROAD STE 101, JACKSONVILLE, FL 32256
SECRETARY/TR0$0
DEBORAH D DREW
8649 BAYPINE ROAD STE 101, JACKSONVILLE, FL 32256
CHAIR0$0
BOB BALDWIN
8649 BAYPINE ROAD STE 101, JACKSONVILLE, FL 32256
EXECUTIVE DI0$0

Address and contacts

Address (IRS master file)
1545 PARKWAY, SEVIERVILLE, TN 37862-2848
In care of
% REID CARPENTER
Signed the 990-PF
RANDAL H DREW, SEC/TREAS
Phone
(904) 732-7272
Return prepared by
FINANCIAL SOLUTION ADVISORS 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 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
26-4535511
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)
$47,870
Income (IRS master file)
$19,944

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$19,944$11,148$47,870XML
990-PFDecember 2024$21,640$17,497$45,786XML
990-PFDecember 2023$24,012$17,696$195,813XML
990-PFDecember 2022$35,715$16,979$260,252XML
990-PFDecember 2021$18,552$15,274$241,516XML
990-PFDecember 2020–––IRS
990-PFDecember 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 26-4535511).

Questions about PARC FOUNDATION INC

What is the EIN of PARC FOUNDATION INC?
The employer identification number (EIN) of PARC FOUNDATION INC is 26-4535511.
Is PARC FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
Are donations to PARC FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does PARC FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of PARC FOUNDATION INC 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 PARC FOUNDATION INC 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 PARC FOUNDATION INC?
The 990-PF for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
How much revenue does PARC FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $19,944, expenses of $11,148 and total assets of $47,870 at year end.

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