Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 41-1344355

THE HANNAH LIPS FOUNDATION

Tax-exempt · FARIBAULT, MN 55021

Financials

$19K$46K2022$18K$31K2023
Revenue Expenses · by fiscal year end
Financials of THE HANNAH LIPS FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
October 31, 2024990-PF$17,545$30,734-$13,189$298,826$0$298,826
October 31, 2023990-PF$18,908$45,570-$26,662$276,470$0$276,470
Financial details: 990-PF for the year ended October 31, 2024

Revenue

Dividends
$18,468
Net gain from sales of assets
-$923

Expenses

Grants and similar amounts paid
$26,605
Compensation of officers, directors and key employees
$2,610
Disbursements for charitable purposes
$27,910
Excise tax on investment income
$239

Balance sheet and other

Total assets, start of year
$276,470
Total assets, end of year
$298,826
Total liabilities, end of year
$0
Net assets, end of year
$298,826
Fair market value of assets
$296,976
Qualifying distributions
$27,910
Net investment income
$18,468

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 October 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
DEBBIE BELLINGHAM
PO BOX 183, FARIBAULT, MN 55021
SECRETARY0.1$580
CURT BECHER
PO BOX 183, FARIBAULT, MN 55021
TREASURER0.1$580
MARY ISAACSON
PO BOX 183, FARIBAULT, MN 55021
DIRECTOR0.1$290
DEBRA KUBALL
PO BOX 183, FARIBAULT, MN 55021
VICE PRES.0.1$290
DEBBIE PURFEERST
PO BOX 183, FARIBAULT, MN 55021
PRESIDENT0.1$290
DUSTIN SIMPSON
PO BOX 183, FARIBAULT, MN 55021
DIRECTOR0.1$290
MARCIA LIPS BARRETT
PO BOX 183, FARIBAULT, MN 55021
DIRECTOR0.1$290
990-PF for the year ended October 31, 2023: 7 people
NameTitleHours / weekCompensation
DEBBIE BELLINGHAM
PO BOX 183, FARIBAULT, MN 55021
SECRETARY0.1$580
CURT BECHER
PO BOX 183, FARIBAULT, MN 55021
TREASURER0.1$580
MARY ISAACSON
PO BOX 183, FARIBAULT, MN 55021
DIRECTOR0.1$290
DEBRA KUBALL
PO BOX 183, FARIBAULT, MN 55021
VICE PRES.0.1$290
DEBBIE PURFEERST
PO BOX 183, FARIBAULT, MN 55021
PRESIDENT0.1$290
DUSTIN SIMPSON
PO BOX 183, FARIBAULT, MN 55021
DIRECTOR0.1$290
MARCIA LIPS BARRETT
PO BOX 183, FARIBAULT, MN 55021
DIRECTOR0.1$290

Address and contacts

Address (IRS master file)
2209 BARD AVE, FARIBAULT, MN 55021-9235
Signed the 990-PF
DEBRA PURFEERST, PRESIDENT
Phone
(507) 334-3730
Return prepared by
JOD LTD

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in October, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2024October 31, 2025March 16, 2026Not on file
2023October 31, 2024March 17, 2025990-PF on file
2022October 31, 2023March 15, 2024990-PF on file

IRS record

EIN
41-1344355
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
1979
Accounting year ends
October
Files
Form 990-PF
Assets (IRS master file)
$298,826
Income (IRS master file)
$69,647

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFOctober 2024$17,545$30,734$298,826XML
990-PFOctober 2023$18,908$45,570$276,470XML
990-PFOctober 2022–––IRS
990-PFOctober 2021–––IRS
990-PFOctober 2020–––IRS
990-PFOctober 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 41-1344355).

Questions about THE HANNAH LIPS FOUNDATION

What is the EIN of THE HANNAH LIPS FOUNDATION?
The employer identification number (EIN) of THE HANNAH LIPS FOUNDATION is 41-1344355.
Is THE HANNAH LIPS FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1979.
Are donations to THE HANNAH LIPS FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does THE HANNAH LIPS FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of THE HANNAH LIPS FOUNDATION due?
The return for tax year 2024 (the year ending October 31, 2025) is due March 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE HANNAH LIPS FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended October 2024.
Who are the officers and directors of THE HANNAH LIPS FOUNDATION?
The 990-PF for the year ended October 31, 2024 lists 7 people; 7 received compensation from the organization, the highest $580 (DEBBIE BELLINGHAM, SECRETARY).
How much revenue does THE HANNAH LIPS FOUNDATION have?
On its 990-PF for the year ended October 31, 2024 it reported revenue of $17,545, expenses of $30,734 and total assets of $298,826 at year end.

Other nonprofits in FARIBAULT

All nonprofits in FARIBAULT · Minnesota