Nonprofit · EIN 47-1894997
CARTER FOUNDATION
Tax-exempt · MERIDIAN, MS 39307
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $52,838 | $112,364 | -$59,526 | $59,099 | $8,604 | $50,495 |
| December 31, 2024 | 990 | $11,500 | $80,091 | -$68,591 | $147,926 | $9,613 | $138,313 |
| December 31, 2023 | 990 | $7,475 | $118,923 | -$111,448 | $222,577 | $0 | $222,577 |
| December 31, 2022 | 990 | $0 | $6,976 | -$6,976 | $345,686 | $0 | $345,686 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $52,838
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $18,718
- Compensation of officers, directors and key employees
- $30,692
- Salaries, compensation and benefits (total)
- $33,040
- Professional fundraising fees
- $0
- Accounting fees
- $3,650
- Travel
- $1,989
- Depreciation
- $2,511
Balance sheet and other
- Total assets, start of year
- $147,926
- Total assets, end of year
- $59,099
- Total liabilities, end of year
- $8,604
- Net assets, end of year
- $50,495
- Land, buildings and equipment
- $5,616
- Net assets without donor restrictions
- $50,495
- Gross receipts
- $52,838
- Employees
- 0
- Year formed
- 2014
- State of legal domicile
- MS
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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES CARTER | CEO Trustee or director | 60 | $30,692 |
990 for the year ended December 31, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES CARTER | CEO Trustee or director | 60 | $46,923 |
990 for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES CARTER | CEO Trustee or director | 60 | $60,000 |
990 for the year ended December 31, 2022: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES CARTER | CEO Trustee or director | 60 | $60,000 |
Address and contacts
- Address (IRS master file)
- 4316 25TH ST, MERIDIAN, MS 39307-5141
- Mailing address (990-N for 2017)
- 4316 25th street, Meridian MS 39305
- Principal officer (990 for 2025)
- JAMES CARTER, 4316 25TH STREET, MERIDIAN, MS 39307
- Principal officer (990-N for 2017)
- Rachel N Hull, 2705 12th avenue, Meridian MS 39305
- Signed the 990
- JAMES CARTER, FOUNDER
- Phone
- (601) 480-2321
- Return prepared by
- TBA TAX GROUP
Mission
INSPIRING THE YOUTH AND BRINGING UNITY TO THE COMMUNITIES OF MISSISSIPPI
Program accomplishments
- We have an athletic program that provides transportation and any other cost associated with it to take the children that are in the program to different places within the US. We have a community program where the children in the program provided services to the elderly, such as, yard maintenance, home repairs, painting, etc. We have a communications program where the children in the program have access to communications equipment to use their voice to inspire the youth in their communities.
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 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 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 47-1894997
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Youth development (O51)
- Assets (IRS master file)
- $59,099
- Income (IRS master file)
- $52,838
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $52,838 | $112,364 | $59,099 | XML |
| 990 | December 2024 | $11,500 | $80,091 | $147,926 | XML |
| 990 | December 2023 | $7,475 | $118,923 | $222,577 | XML |
| 990 | December 2022 | $0 | $6,976 | $345,686 | XML |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-N for 2017 Officer: Rachel N Hull | September 30, 2018 | ≤ $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 47-1894997).
Questions about CARTER FOUNDATION
- What is the EIN of CARTER FOUNDATION?
- The employer identification number (EIN) of CARTER FOUNDATION is 47-1894997.
- Is CARTER FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to CARTER FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CARTER FOUNDATION 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 CARTER FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CARTER FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of CARTER FOUNDATION?
- The 990 for the year ended December 31, 2025 names JAMES CARTER.
- Who are the officers and directors of CARTER FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 1 person; 1 received compensation from the organization, the highest $30,692 (JAMES CARTER, CEO).
- How much revenue does CARTER FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $52,838, expenses of $112,364 and total assets of $59,099 at year end.
Other nonprofits in MERIDIAN
- BOYS & GIRLS CLUBS OF EAST MISSISSIPPI INC EIN 64-0728662 · last filed 990 for 2024
- YOUTH EXCITEMENT TEAM INC EIN 64-0885540 · last filed 990 for 2024
- TWO BROTHERS FARMS EIN 82-4150923 · last filed 990 for 2025
- TOMORROWS FATHERS EIN 81-4819743 · last filed 990-N for 2024
- MAGNOLIA YOUTH ACTIVITIES ASSOCIATION EIN 92-2766467 · last filed 990-N for 2024
- UPWARD BOUND MINISTRIES EIN 83-1524135 · last filed 990-N for 2024
- ANDERSON REGIONAL MEDICAL CENTER EIN 64-0362400 · last filed 990 for 2025
- RUSH MEDICAL FOUNDATION EIN 64-0345119 · last filed 990 for 2024
All nonprofits in MERIDIAN · Mississippi · Youth development