Nonprofit · EIN 27-1498037
SPRING FOUNDATION INC
Tax-exempt · ATLANTA, GA 30342
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $24,081,540 | $38,212,600 | -$14,131,060 | $105,948,041 | $0 | $105,948,041 |
| December 31, 2024 | 990-PF | $19,018,599 | $3,918,223 | $15,100,376 | $120,079,101 | $0 | $120,079,101 |
| December 31, 2023 | 990-PF | $5,650,918 | $4,832,477 | $818,441 | $104,978,725 | $0 | $104,978,725 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $1,563,865
- Interest
- $381,953
- Net gain from sales of assets
- $22,135,722
Expenses
- Grants and similar amounts paid
- $36,521,000
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $36,521,000
- Excise tax on investment income
- $317,293
Balance sheet and other
- Total assets, start of year
- $120,079,101
- Total assets, end of year
- $105,948,041
- Total liabilities, end of year
- $0
- Net assets, end of year
- $105,948,041
- Fair market value of assets
- $128,605,426
- Qualifying distributions
- $36,521,000
- Net investment income
- $24,081,540
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 |
|---|---|---|---|
| MICHELLE D DOBBINS 5137 LAKESPRINGS COURT, DUNWOODY, GA 30338 | DIRECTOR/PRESIDENT | 6 | $0 |
| MICHAEL M MASTERS 3060 PEACHTREE ROAD NW STE 1425, ATLANTA, GA 30305 | DIRECTOR/TREASURER | 6 | $0 |
990-PF for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHELLE D DOBBINS 5137 LAKESPRINGS COURT, DUNWOODY, GA 30338 | DIRECTOR/PRESIDENT | 6 | $0 |
| MICHAEL M MASTERS 3060 PEACHTREE ROAD NW STE 1425, ATLANTA, GA 30305 | DIRECTOR/TREASURER | 6 | $0 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SUZANNE MASTERS 3060 PEACHTREE ROAD NW STE 1415, ATLANTA, GA 30305 | PRESIDENT | 6 | $0 |
| MICHAEL MASTERS 3060 PEACHTREE ROAD NW STE 1415, ATLANTA, GA 30305 | TREASURER | 6 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 420376, ATLANTA, GA 30342-0376
- In care of
- % SUZANNE S MASTERS
- Signed the 990-PF
- MIKE MASTERS, DIR./TREASURER
- Phone
- (770) 396-1100
- Return prepared by
- WARREN AVERETT 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 | 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
- 27-1498037
- 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
- 2010
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $105,948,041
- Income (IRS master file)
- $24,081,540
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $24,081,540 | $38,212,600 | $105,948,041 | IRS |
| 990-PF | December 2024 | $19,018,599 | $3,918,223 | $120,079,101 | IRS |
| 990-PF | December 2023 | $5,650,918 | $4,832,477 | $104,978,725 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 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 27-1498037).
Questions about SPRING FOUNDATION INC
- What is the EIN of SPRING FOUNDATION INC?
- The employer identification number (EIN) of SPRING FOUNDATION INC is 27-1498037.
- Is SPRING FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to SPRING FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does SPRING FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of SPRING 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 SPRING 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 SPRING 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 SPRING FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $24,081,540, expenses of $38,212,600 and total assets of $105,948,041 at year end.
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