Nonprofit · EIN 27-0601149
MCFADDEN FOUNDATION INC
Tax-exempt · TALLAHASSEE, FL 32312
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $2,730,974 | $1,016,375 | $1,714,599 | $29,788,086 | $18,999 | $29,769,087 |
| December 31, 2023 | 990-PF | $1,021,204 | $883,255 | $137,949 | $28,059,655 | $5,167 | $28,054,488 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $700
- Dividends
- $936,100
- Net rental income
- $49,500
- Net gain from sales of assets
- $1,732,068
- Other income
- $12,546
Expenses
- Grants and similar amounts paid
- $100
- Compensation of officers, directors and key employees
- $148,759
- Salaries, compensation and benefits (total)
- $174,376
- Disbursements for charitable purposes
- $14,211
- Excise tax on investment income
- $33,085
Balance sheet and other
- Total assets, start of year
- $28,059,655
- Total assets, end of year
- $29,788,086
- Total liabilities, end of year
- $18,999
- Net assets, end of year
- $29,769,087
- Fair market value of assets
- $49,023,864
- Qualifying distributions
- $1,218,898
- Net investment income
- $2,717,668
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 |
|---|---|---|---|
| RAYMOND WILSON 309 S WILEY AVE, DONALSONVILLE, GA 39485 | TRUSTEE | 40 | $52,889 |
| ANGELA HAGEN 2180 GATES DR, TALLAHASSEE, FL 32312 | CHAIR/PRESIDENT/VP/SECRETA | 40 | $50,043 |
| SHERRYL LAPPING 2250 COBB DR, TALLAHASSEE, FL 32312 | TRUSTEE | 40 | $45,827 |
| GLENN A KIRBO PO BOX 70519, ALBANY, GA 31708 | TRUSTEE | 1 | $0 |
990-PF for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RAYMOND WILSON 309 S WILEY AVE, DONALSONVILLE, GA 39485 | TRUSTEE | 40 | $52,902 |
| ANGELA HAGEN 2180 GATES DR, TALLAHASSEE, FL 32312 | CHAIR/PRESIDENT/VP/SECRETA | 40 | $50,041 |
| SHERRYL LAPPING 2250 COBB DR, TALLAHASSEE, FL 32312 | TRUSTEE | 40 | $45,831 |
| GLENN A KIRBO PO BOX 70519, ALBANY, GA 31708 | TRUSTEE | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 2180 GATES DR, TALLAHASSEE, FL 32312-3172
- In care of
- % HELEN KIRBO
- Signed the 990-PF
- ANGELA HAGEN, PRESIDENT
- Phone
- (229) 254-2100
- Return prepared by
- CRI 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 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
- 27-0601149
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private operating foundation
- Donations deductible (Pub 78)
- Private operating foundation, 50% limit
- Exempt since
- 2011
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T23)
- Assets (IRS master file)
- $29,788,086
- Income (IRS master file)
- $7,670,487
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $2,730,974 | $1,016,375 | $29,788,086 | XML |
| 990-PF | December 2023 | $1,021,204 | $883,255 | $28,059,655 | XML |
| 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 27-0601149).
Questions about MCFADDEN FOUNDATION INC
- What is the EIN of MCFADDEN FOUNDATION INC?
- The employer identification number (EIN) of MCFADDEN FOUNDATION INC is 27-0601149.
- Is MCFADDEN FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to MCFADDEN FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
- Which annual return does MCFADDEN FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of MCFADDEN FOUNDATION INC 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 MCFADDEN FOUNDATION INC 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 MCFADDEN FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 4 people; 3 received compensation from the organization, the highest $52,889 (RAYMOND WILSON, TRUSTEE).
- How much revenue does MCFADDEN FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $2,730,974, expenses of $1,016,375 and total assets of $29,788,086 at year end.
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