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Nonprofit · EIN 37-6532744

GO BIG RED FOUNDATION

Also known as JAMES K & SARAH J WALTON TTEE

Tax-exempt · ATLANTA, GA 30327

Financials

$50K$328K2023$128K$427K2024
Revenue Expenses · by fiscal year end
Financials of GO BIG RED FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$128,448$426,844-$298,396$940,137$2,600$937,537
December 31, 2023990-PF$49,923$327,577-$277,654$1,238,533$2,600$1,235,933
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Dividends
$39,276
Net gain from sales of assets
$89,172

Expenses

Grants and similar amounts paid
$412,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$417,850
Excise tax on investment income
$1,674

Balance sheet and other

Total assets, start of year
$1,238,533
Total assets, end of year
$940,137
Total liabilities, end of year
$2,600
Net assets, end of year
$937,537
Fair market value of assets
$1,122,092
Qualifying distributions
$417,850
Net investment income
$128,448

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.

NameTitleHours / weekCompensation
JAMES K WALTON
5038 CAROL LANE, ATLANTA, GA 30327
TRUSTEE0$0
SARAH J WALTON
5038 CAROL LANE, ATLANTA, GA 30327
MANAGING TRUSTEE0$0
990-PF for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
JAMES K WALTON
5038 CAROL LANE, ATLANTA, GA 30327
TRUSTEE0$0
SARAH J WALTON
5038 CAROL LANE, ATLANTA, GA 30327
MANAGING TRUSTEE0$0

Address and contacts

Address (IRS master file)
5038 CAROL LN, ATLANTA, GA 30327-4615
In care of
% SARAH J WALTON
Signed the 990-PF
SARAH WALTON, MANAGING TRUSTEE
Phone
(404) 312-5226
Return prepared by
HENDERSON BRADY LLP

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, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
37-6532744
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
2013
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$940,137
Income (IRS master file)
$659,224

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$128,448$426,844$940,137XML
990-PFDecember 2023$49,923$327,577$1,238,533XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
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 37-6532744).

Questions about GO BIG RED FOUNDATION

What is the EIN of GO BIG RED FOUNDATION?
The employer identification number (EIN) of GO BIG RED FOUNDATION is 37-6532744.
Is GO BIG RED FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
Are donations to GO BIG RED FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does GO BIG RED FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of GO BIG RED 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 GO BIG RED 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 GO BIG RED FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
How much revenue does GO BIG RED FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $128,448, expenses of $426,844 and total assets of $940,137 at year end.

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