Nonprofit · EIN 35-1163296
HOLLIS ADAMS FOUNDATION INC
Tax-exempt · INDIANAPOLIS, IN 46220
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| March 31, 2025 | 990 | $284,182 | $308,714 | -$24,532 | $223,586 | $138,124 | $85,462 |
| March 31, 2024 | 990 | $317,073 | $344,400 | -$27,327 | $247,750 | $138,611 | $109,139 |
Financial details: 990 for the year ended March 31, 2025
Revenue
- Contributions, gifts and grants
- $72,351
- Program service revenue
- $124,423
- Investment income
- $6,674
- Net income from fundraising events
- $21,944
- Tax-exempt bond proceeds
- $6,674
- Other revenue
- $80,734
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $57,156
- Other salaries and wages
- $108,928
- Salaries, compensation and benefits (total)
- $198,607
- Professional fundraising fees
- $0
- Legal fees
- $2,400
- Occupancy
- $38,950
- Depreciation
- $1,532
- Program services (functional)
- $261,527
- Management and general (functional)
- $47,187
Balance sheet and other
- Total assets, start of year
- $247,750
- Total assets, end of year
- $223,586
- Total liabilities, end of year
- $138,124
- Net assets, end of year
- $85,462
- Land, buildings and equipment
- $13,788
- Gross receipts
- $317,552
- Employees
- 5
- Volunteers
- 95
- Year formed
- 1968
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 for the year ended March 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GREG PULS | EXECUTIVE DI Officer | 41 | $64,341 |
| TERRI BRUMLEVE | DIRECTOR Trustee or director | 2 | $0 |
| ANITA BUHL | DIRECTOR Trustee or director | – | $0 |
| BEN CLODGO | DIRECTOR Trustee or director | 2 | $0 |
| RICH HAMMOND | DIRECTOR Trustee or director | 2 | $0 |
| KYLE JAMES | DIRECTOR Trustee or director | 2 | $0 |
| JEANETTE KASSEBAUM | DIRECTOR Trustee or director | – | $0 |
| JOE STEADHAM | DIRECTOR Trustee or director | 2 | $0 |
| DAN VALLESKEY | DIRECTOR Trustee or director | – | $0 |
| MATTHEW WRIGHT | DIRECTOR Trustee or director | 2 | $0 |
| DAVE HARMER | BOARD PRESID Officer | – | $0 |
| REBECCA WALKER | BOARD VICE P Officer | 3 | $0 |
990 for the year ended March 31, 2024: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Gregg Puls | Executive Director Officer | 41 | $64,341 |
| Dave Harmer | Board President Officer | 3 | $0 |
| Anne Serafin | Board Vice President Officer | 2 | $0 |
| Jeanette Cassebaum | Secretary Officer | 2 | $0 |
| Ben Clodgo | Treasurer Officer | 2 | $0 |
| Mark Walker | Director | 2 | $0 |
| Jim White | Director | 2 | $0 |
| Terri Brumleve | Director | 2 | $0 |
| Wendy Ponader | Director | 2 | $0 |
| Kyle James | Director | 2 | $0 |
| Joe Steadham | Director | 2 | $0 |
| Becky Walker | Director | 2 | $0 |
| Matt Wright | Director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 20512, INDIANAPOLIS, IN 46220-0512
- Principal officer (990 for 2024)
- BEN CLODGO
- Signed the 990
- BEN CLODGO, DIRECTOR
- Phone
- (317) 945-7485
- Return prepared by
- EDGEWATER CPA
Mission
HOLLIS ADAMS OPENS THE WORLD TO ADULTS WITH DEVELOPMENTAL DISABILITIES BY OFFERING SOCIAL, RECREATIONAL, AND COMMUNITY-BASED OPPORTUNITIES THROUGH A WIDE VARIETY OF EVENTS AND ACTIVITIES.
Program accomplishments
- PROVIDE QUALITY SOCIAL EXPERIENCES TO ADULTS WITH DEVELOPMENTAL AND INTELLECTUAL DISABILITIES.Expenses $261,527 · revenue $124,423
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in March, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | March 31, 2026 | August 17, 2026 | Not on file |
| 2024 | March 31, 2025 | August 15, 2025 | 990 on file |
| 2023 | March 31, 2024 | August 15, 2024 | 990 on file |
IRS record
- EIN
- 35-1163296
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1970
- Accounting year ends
- March
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $223,586
- Income (IRS master file)
- $317,552
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | March 2025 | $284,182 | $308,714 | $223,586 | XML |
| 990 | March 2024 | $317,073 | $344,400 | $247,750 | XML |
| 990 | March 2023 | $308,879 | $407,893 | $273,675 | IRS |
| 990 | March 2022 | – | – | – | IRS |
| 990 | March 2021 | – | – | – | IRS |
| 990 | March 2020 | – | – | – | IRS |
| 990 | March 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 35-1163296).
Questions about HOLLIS ADAMS FOUNDATION INC
- What is the EIN of HOLLIS ADAMS FOUNDATION INC?
- The employer identification number (EIN) of HOLLIS ADAMS FOUNDATION INC is 35-1163296.
- Is HOLLIS ADAMS FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1970.
- Are donations to HOLLIS ADAMS FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HOLLIS ADAMS FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of HOLLIS ADAMS FOUNDATION INC due?
- The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HOLLIS ADAMS FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended March 2025.
- Who is the principal officer of HOLLIS ADAMS FOUNDATION INC?
- The 990 for the year ended March 31, 2025 names BEN CLODGO.
- Who are the officers and directors of HOLLIS ADAMS FOUNDATION INC?
- The 990 for the year ended March 31, 2025 lists 12 people; 1 received compensation from the organization, the highest $64,341 (GREG PULS, EXECUTIVE DI).
- How much revenue does HOLLIS ADAMS FOUNDATION INC have?
- On its 990 for the year ended March 31, 2025 it reported revenue of $284,182, expenses of $308,714 and total assets of $223,586 at year end.
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