Nonprofit · EIN 27-1943142
SALLY JOHNSON SHY FOUNDATION
Tax-exempt · MEMPHIS, TN 38111
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $51,829 | $85,774 | -$33,945 | $646,455 | $0 | $646,455 |
| December 31, 2023 | 990-PF | $23,583 | $107,154 | -$83,571 | $689,514 | $0 | $689,514 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $15,743
- Interest
- $75
- Net gain from sales of assets
- $36,011
Expenses
- Grants and similar amounts paid
- $9,415
- Compensation of officers, directors and key employees
- $61,500
- Disbursements for charitable purposes
- $70,915
- Excise tax on investment income
- $295
Balance sheet and other
- Total assets, start of year
- $689,514
- Total assets, end of year
- $646,455
- Total liabilities, end of year
- $0
- Net assets, end of year
- $646,455
- Fair market value of assets
- $646,455
- Qualifying distributions
- $70,915
- Net investment income
- $36,086
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 |
|---|---|---|---|
| Sarah Johnson Shy 585 South Greer unit 203, Memphis, TN 38111 | Director | 25 | $61,500 |
| David F Sellers Shy 585 South Greer unit 203, Memphis, TN 38111 | Director | 1 | $0 |
| Sarah Genevieve Chapman 585 South Greer unit 203, Memphis, TN 38111 | Director | 1 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Sarah Johnson Shy 585 South Greer unit 203, Memphis, TN 38111 | Director | 25 | $61,500 |
| David F Sellers Shy 585 South Greer unit 203, Memphis, TN 38111 | Director | 1 | $0 |
| Sarah Genevieve Chapman 585 South Greer unit 203, Memphis, TN 38111 | Director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 585 S GREER ST APT 203, MEMPHIS, TN 38111-3203
- Signed the 990-PF
- William P Harmon, CFO
- Phone
- (601) 955-7554
- Return prepared by
- Harmon Financial Advisors Inc
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
- 27-1943142
- 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 (T20)
- Assets (IRS master file)
- $646,455
- Income (IRS master file)
- $2,686,917
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $51,829 | $85,774 | $646,455 | IRS |
| 990-PF | December 2023 | $23,583 | $107,154 | $689,514 | 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 27-1943142).
Questions about SALLY JOHNSON SHY FOUNDATION
- What is the EIN of SALLY JOHNSON SHY FOUNDATION?
- The employer identification number (EIN) of SALLY JOHNSON SHY FOUNDATION is 27-1943142.
- Is SALLY JOHNSON SHY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to SALLY JOHNSON SHY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does SALLY JOHNSON SHY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of SALLY JOHNSON SHY FOUNDATION 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 SALLY JOHNSON SHY FOUNDATION 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 SALLY JOHNSON SHY FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 3 people; 1 received compensation from the organization, the highest $61,500 (Sarah Johnson Shy, Director).
- How much revenue does SALLY JOHNSON SHY FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $51,829, expenses of $85,774 and total assets of $646,455 at year end.
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All nonprofits in MEMPHIS · Tennessee · Philanthropy, voluntarism and grantmaking foundations