Nonprofit · EIN 46-5287327
PATRICIA ADSIT FOUNDATION INC
Tax-exempt · FORT WAYNE, IN 46804
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $270,017 | $585,404 | -$315,387 | $4,507,454 | $0 | $4,507,454 |
| December 31, 2023 | 990-PF | $1,626,639 | $449,927 | $1,176,712 | $4,822,841 | $0 | $4,822,841 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $100,000
- Dividends
- $167,339
- Interest
- $2,556
- Other income
- $122
Expenses
- Grants and similar amounts paid
- $546,308
- Disbursements for charitable purposes
- $585,404
- Excise tax on investment income
- $1,927
Balance sheet and other
- Total assets, start of year
- $4,822,841
- Total assets, end of year
- $4,507,454
- Total liabilities, end of year
- $0
- Net assets, end of year
- $4,507,454
- Fair market value of assets
- $5,844,301
- Qualifying distributions
- $585,404
- Net investment income
- $177,703
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 |
|---|---|---|---|
| Patricia Mae Adsit 2629 Foxchase Run, Fort Wayne, IN 46825 | Director | 1 | $0 |
| George Donner 127 West Berry Street Suite 402, Fort Wayne, IN 46802 | Treasurer | 0.2 | $0 |
| Marjorie Gamble 9520 Sea View Cove, Fort Wayne, IN 46835 | Secretary | 0 | $0 |
| Jeanne E Longsworth 7030 Pointe Inverness Way Suite 330, Fort Wayne, IN 46804 | Director | 0 | $0 |
| Katherine Moenter 127 West Berry Street Suite 402, Fort Wayne, IN 46802 | Director | 0 | $0 |
| Robert L Nance 6631 Quail Ridge Lane, Fort Wayne, IN 46804 | President | 1 | $0 |
990-PF for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Patricia Mae Adsit 2629 Foxchase Run, Fort Wayne, IN 46825 | Director | 1 | $0 |
| George Donner 127 West Berry Street Suite 402, Fort Wayne, IN 46802 | Treasurer | 0.2 | $0 |
| Marjorie Gamble 9520 Sea View Cove, Fort Wayne, IN 46835 | Secretary | 0 | $0 |
| Jeanne E Longsworth 7030 Pointe Inverness Way Suite 330, Fort Wayne, IN 46804 | Director | 0 | $0 |
| Katherine Moenter 127 West Berry Street Suite 402, Fort Wayne, IN 46802 | Director | 0 | $0 |
| Robert Nance 6631 Quail Ridge Lane, Fort Wayne, IN 46804 | President | 1 | $0 |
| Tanya August 5528 Fox Mill Run, Fort Wayne, IN 46835 | Director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 7030 POINTE INVERNESS WAY, FORT WAYNE, IN 46804-7930
- Signed the 990-PF
- Robert L Nance, President
- Phone
- (260) 436-1555
- Return prepared by
- LONGSWORTH LAW LLC
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
- 46-5287327
- 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
- 2016
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $4,507,454
- Income (IRS master file)
- $270,017
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $270,017 | $585,404 | $4,507,454 | IRS |
| 990-PF | December 2023 | $1,626,639 | $449,927 | $4,822,841 | 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 46-5287327).
Questions about PATRICIA ADSIT FOUNDATION INC
- What is the EIN of PATRICIA ADSIT FOUNDATION INC?
- The employer identification number (EIN) of PATRICIA ADSIT FOUNDATION INC is 46-5287327.
- Is PATRICIA ADSIT FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to PATRICIA ADSIT FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does PATRICIA ADSIT FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of PATRICIA ADSIT FOUNDATION INC 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 PATRICIA ADSIT FOUNDATION INC 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 PATRICIA ADSIT FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
- How much revenue does PATRICIA ADSIT FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $270,017, expenses of $585,404 and total assets of $4,507,454 at year end.
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