Nonprofit · EIN 45-3635253
OSSOLI FOUNDATION INC
Tax-exempt · CORBIN, KY 40702
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-EZ | $65,404 | $66,137 | -$733 | $87,427 | $0 | $87,427 |
| June 30, 2024 | 990-EZ | $107,343 | $129,526 | -$22,183 | $88,160 | $0 | $88,160 |
Financial details: 990-EZ for the year ended June 30, 2025
Revenue
- Program service revenue
- $65,314
- Other revenue
- $90
Expenses
- Compensation of officers, directors and key employees
- $0
- Other expenses
- $66,137
- Program services (functional)
- $62,433
Balance sheet and other
- Total assets, start of year
- $88,160
- Total assets, end of year
- $87,427
- Total liabilities, end of year
- $0
- Net assets, end of year
- $87,427
- Cash, savings and investments
- $87,427
- Gross receipts
- $65,404
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-EZ for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Cindy Finneseth | Vice President/Director | 0 | $0 |
| Kathy Hoskins | President/Director | 0 | $0 |
| Nettie Sosh | Director | 0 | $0 |
| Gay Nell Conley | Treasurer | 0 | $0 |
| June Martin | Director | 0 | $0 |
| Angela Disney | Secretary/Director | 0 | $0 |
| Heather McVey | Director | 0 | $0 |
| Kirbi Kersey | Director | 0 | $0 |
990-EZ for the year ended June 30, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Christina Bentley | President/Director | 0 | $0 |
| Kathy Hoskins | Vice President/Director | 0 | $0 |
| Diane Mitchell | Secretary/Director | 0 | $0 |
| Gay Nell Conley | Treasurer | 0 | $0 |
| June Martin | Director | 0 | $0 |
| Angela Disney | Director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 2544, CORBIN, KY 40702-2544
- In care of
- % GAY NELL CONLEY
- Mailing address (990-N for 2021)
- PO BOX 2544, Corbin KY 40702
- Principal officer (990-N for 2021)
- Jeffrey Tipton, 404 ROY KIDD AVENUE, Corbin KY 40701
- Signed the 990-EZ
- Gay Nell Conley, Treasurer
- Phone
- (606) 523-1725
- Return prepared by
- Marr Miller & Myers PSC
Mission
The organization holds an annual event, the May Day Festival, to raise funds for the organization. The funds raised from admission to this festival are used to distribute funds to the participating schools and other charitable causes that the board deems appropriate. Individual classes from the area schools perform at the festival. The admission price is the source of funds for the organization. Private donations are also accepted in order to further the exempt purpose.
Program accomplishments
- The organization holds an annual event, the May Day Festival, to raise funds for the organization. The funds raised from admission to this festival are used to distribute funds to the participating schools and other charitable causes that the board deems appropriate. Individual classes from the area schools perform at the festival. The admission price is the source of funds for the organization. Private donations are also accepted in order to further the exempt purpose.Expenses $62,433
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-EZ on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 45-3635253
- 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
- 2012
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B12)
- Assets (IRS master file)
- $87,427
- Income (IRS master file)
- $65,404
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | June 2025 | $65,404 | $66,137 | $87,427 | XML |
| 990-EZ | June 2024 | $107,343 | $129,526 | $88,160 | XML |
| 990-EZ | June 2023 | – | – | – | IRS |
| 990-N for 2021 Officer: Jeffrey Tipton | June 30, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | June 2021 | – | – | – | IRS |
| 990-EZ | June 2019 | – | – | – | IRS |
| 990-N for 2015 Officer: Gay Nell Conley | June 30, 2016 | ≤ $50,000 receipts | – | – | e-Postcard |
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 45-3635253).
Questions about OSSOLI FOUNDATION INC
- What is the EIN of OSSOLI FOUNDATION INC?
- The employer identification number (EIN) of OSSOLI FOUNDATION INC is 45-3635253.
- Is OSSOLI FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
- Are donations to OSSOLI FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does OSSOLI 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 OSSOLI FOUNDATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did OSSOLI FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended June 2025.
- Who is the principal officer of OSSOLI FOUNDATION INC?
- The 990-N for 2021 names Jeffrey Tipton.
- Who are the officers and directors of OSSOLI FOUNDATION INC?
- The 990-EZ for the year ended June 30, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does OSSOLI FOUNDATION INC have?
- On its 990-EZ for the year ended June 30, 2025 it reported revenue of $65,404, expenses of $66,137 and total assets of $87,427 at year end.
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