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Nonprofit · EIN 47-2393933

DISTINGUISHED YOUNG WOMEN FOUNDATION

Tax-exempt · MOBILE, AL 36602

Financials

$704K$741K2022$657K$760K2023$684K$788K2024
Revenue Expenses · by fiscal year end
Financials of DISTINGUISHED YOUNG WOMEN FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$683,783$787,581-$103,798$89,005$83,860$5,145
September 30, 2024990$657,387$759,668-$102,281$132,887$23,944$108,943
September 30, 2023990$704,063$741,491-$37,428$240,324$29,100$211,224
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$539,816
of which government grants
$241,200
Program service revenue
$107,142
Investment income
$7
Net income from fundraising events
$33,722
Net income from sales of inventory
$3,096
Other revenue
$36,818

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$72,000
Other salaries and wages
$132,493
Salaries, compensation and benefits (total)
$255,081
Professional fundraising fees
$0
Accounting fees
$16,641
Occupancy
$13,635
Depreciation
$1,146
Program services (functional)
$578,985
Management and general (functional)
$208,596

Balance sheet and other

Total assets, start of year
$132,887
Total assets, end of year
$89,005
Total liabilities, end of year
$83,860
Net assets, end of year
$5,145
Land, buildings and equipment
$1,866
Net assets without donor restrictions
$4,608
Net assets with donor restrictions
$537
Gross receipts
$702,792
Employees
7
Volunteers
100
Year formed
2014
State of legal domicile
AL

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 September 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
ALLISON C HEGWOODEXECUTIVE DIRECTOR
Officer
40$72,000
FAYE OLENSKYEXEC. COMM.
Trustee or director
0.25$0
FRANCISCO CODINAPRESIDENT
Trustee or director, Officer
4$0
ASHLEY HALFMAN HOPPVP GOVERNANCE
Trustee or director, Officer
0.25$0
BRIA BUCKRIDGEVP DIVERSITY & INCLUSION
Trustee or director, Officer
1$0
KATHY LATTAMEMBER
Trustee or director
0.5$0
DAVID TURNERMEMBER
Trustee or director
0.25$0
ANDI M KENTMEMBER
Trustee or director
0.25$0
PAULINE RYANMEMBER
Trustee or director
0.25$0
LEIGH KNOSHERVP FINANCE
Trustee or director, Officer
0.25$0
BETH THOMASEXEC. COMM.
Trustee or director
0.25$0
KESSHIA DAVISFIRST VP
Trustee or director, Officer
0.25$0
ELIZABETH HUNTLEYMEMBER
Trustee or director
0.25$0
EMILY STRICKLAND-DIMARCOSTATE CHAIR REP
Trustee or director
0.25$0
DEBBIE RICESECRETARY
Trustee or director, Officer
1$0
18 more people on this return
NameTitleHours / weekCompensation
MEGAN ARENDALLMEMBER
Trustee or director
1$0
MICHELE COOKMEMBER
Trustee or director
1$0
LINDA RUTLEDGEMEMBER
Trustee or director
0.25$0
LENISE LIGONMEMBER
Trustee or director
0.25$0
JOAN RICKERTMEMBER
Trustee or director
0.25$0
CONTINA WOODSMEMBER
Trustee or director
0.25$0
JESSICA BARRICKMEMBER
Trustee or director
2$0
CONRAD BELL JRMEMBER
Trustee or director
0.25$0
BEN BERSONMEMBER
Trustee or director
0.25$0
KATELANNE FADALLAMEMBER
Trustee or director
0.25$0
MARLON FIRLEMEMBER
Trustee or director
0.25$0
AMANDA GONZALESMEMBER
Trustee or director
0.25$0
AMBERLY HARRISMEMBER
Trustee or director
0.25$0
TAYLOR NASCIMENTOMEMBER
Trustee or director
0.25$0
MILLIE RUSSELLMEMBER
Trustee or director
1$0
KRISTY WALDRONMEMBER
Trustee or director
0.25$0
CHLOE FRANKLINYOUNG PROF. BOARD MEMBER
Trustee or director
0.25$0
FREDERICK COLLINSMEMBER
Trustee or director
0.25$0
990 for the year ended September 30, 2024: 24 people
NameTitleHours / weekCompensation
ALLISON C HEGWOODEXECUTIVE DIRECTOR
Officer
40$68,534
FAYE OLENSKYEXEC. COMM.
Trustee or director
1$0
ROBERT F DIEHL JRMEMBER
Trustee or director
0.5$0
PHILLIP KAISERMEMBER
Trustee or director
0.25$0
FRANCISCO CODINAPRESIDENT
Trustee or director, Officer
4$0
ASHLEY HALFMAN HOPPVP GOVERNANCE
Trustee or director, Officer
1$0
BRIA BUCKRIDGEVP DIVERSITY & INCLUSION
Trustee or director, Officer
1$0
KATHY LATTAMEMBER
Trustee or director
0.5$0
DAVID TURNERMEMBER
Trustee or director
0.25$0
ANDI M KENTMEMBER
Trustee or director
0.25$0
PAULINE RYANMEMBER
Trustee or director
0.25$0
LEIGH KNOSHERVP FINANCE
Trustee or director, Officer
0.25$0
MAGGIE OLIVERMEMBER
Trustee or director
0.25$0
BETH THOMASEXEC. COMM.
Trustee or director
2.5$0
KESSHIA DAVISFIRST VP
Trustee or director, Officer
0.25$0
ELIZABETH HUNTLEYMEMBER
Trustee or director
0.25$0
EMILY STRICKLAND-DIMARCOSTATE CHAIR REP
Trustee or director
0.25$0
DEBBIE RICESECRETARY
Trustee or director, Officer
1$0
MEGAN ARENDALLMEMBER
Trustee or director
0.25$0
MICHELE COOKMEMBER
Trustee or director
0.25$0
LINDA RUTLEDGEMEMBER
Trustee or director
0.25$0
LENISE LIGONMEMBER
Trustee or director
0.25$0
JOAN RICKERTMEMBER
Trustee or director
0.25$0
CONTINA WOODSMEMBER
Trustee or director
0.25$0
990 for the year ended September 30, 2023: 24 people
NameTitleHours / weekCompensation
FAYE OLENSKYEXEC. COMM.
Trustee or director
1$0
DEANNA GRAHAMMEMBER
Trustee or director
0.25$0
ROBERT F DIEHL JRMEMBER
Trustee or director
0.5$0
JOY GRODNICKEXEC. COMM.
Trustee or director
0.5$0
PHIL KAISERMEMBER
Trustee or director
0.25$0
LAUREN BARKINMEMBER
Trustee or director
0.25$0
FRANCISCO CODINAPRESIDENT
Trustee or director, Officer
4$0
JOHN N FERGUSONVP FINANCE
Trustee or director, Officer
0.5$0
ASHLEY HALFMAN HOPPVP GOVERNANCE
Trustee or director, Officer
1$0
BRIA BUCKRIDGEMEMBER
Trustee or director
1$0
KATHY LATTAMEMBER
Trustee or director
0.5$0
DAVID TURNERMEMBER
Trustee or director
0.25$0
ANDI M KEMPMEMBER
Trustee or director
0.25$0
PAULINE RYANMEMBER
Trustee or director
0.25$0
LEIGH KNOSHERMEMBER
Trustee or director
0.25$0
MAGGIE OLIVERMEMBER
Trustee or director
0.25$0
CLAY OMAINSKYMEMBER
Trustee or director
0.25$0
ANITRA HENDERSONVP DIVERSITY/INCLUSION
Trustee or director, Officer
0.25$0
BETH THOMASEXEC. COMM.
Trustee or director
2.5$0
KESSHIA DAVISFIRST VP
Trustee or director, Officer
0.25$0
LIZ HUNTLEYMEMBER
Trustee or director
0.25$0
NICOLE ORRSTATE CHAIR REP
Trustee or director
0.25$0
DEBBIE RICESECRETARY
Trustee or director, Officer
1$0
ALLISON C HEGWOODEXECUTIVE DIRECTOR (NEW)
Officer
40$0

Address and contacts

Address (IRS master file)
751 GOVERNMENT ST, MOBILE, AL 36602-1404
In care of
% LAMAR REEVES
Principal officer (990 for 2024)
CAROLE HEGWOOD, 751 GOVERNMENT BLVD, MOBILE, AL 36602
Signed the 990
CAROLE HEGWOOD, EXECUTIVE DIRECTOR
Phone
(251) 438-3621
Return prepared by
SMITH DUKES & BUCKALEW LLP

Mission

TO POSITIVELY IMPACT YOUNG WOMEN BY ENCOURAGING, PROMOTING, AND REWARDING LEADERSHIP, SCHOLASTIC ACHIEVEMENT, AND TALENT; AND TO RECEIVE AND MAINTAIN A FUND OR FUNDS OR REAL OR PERSONAL PROPERTY, OR BOTH, TO USE SAME EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, EITHER DIRECTLY OR BY CONTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER 501(C)(3) OF THE INTERNAL REVENUE CODE.

990 for the year ended September 30, 2025

Program accomplishments

  • SELECT AMERICA'S DISTINGUISHED YOUNG WOMAN AND OTHER EDUCATIONAL SCHOLARSHIP WINNERS, AND PROVIDE SUPPORT FOR STATE AND REGIONAL SELECTION ORGANIZATIONS
    Expenses $578,985 · revenue $110,238

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 September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990 on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
47-2393933
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
2015
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$89,005
Income (IRS master file)
$702,792

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$683,783$787,581$89,005XML
990September 2024$657,387$759,668$132,887XML
990September 2023$704,063$741,491$240,324XML
990September 2022$830,118$831,327$280,902IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 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 47-2393933).

Questions about DISTINGUISHED YOUNG WOMEN FOUNDATION

What is the EIN of DISTINGUISHED YOUNG WOMEN FOUNDATION?
The employer identification number (EIN) of DISTINGUISHED YOUNG WOMEN FOUNDATION is 47-2393933.
Is DISTINGUISHED YOUNG WOMEN FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Are donations to DISTINGUISHED YOUNG WOMEN FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does DISTINGUISHED YOUNG WOMEN 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 DISTINGUISHED YOUNG WOMEN FOUNDATION due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did DISTINGUISHED YOUNG WOMEN FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of DISTINGUISHED YOUNG WOMEN FOUNDATION?
The 990 for the year ended September 30, 2025 names CAROLE HEGWOOD.
Who are the officers and directors of DISTINGUISHED YOUNG WOMEN FOUNDATION?
The 990 for the year ended September 30, 2025 lists 33 people; 1 received compensation from the organization, the highest $72,000 (ALLISON C HEGWOOD, EXECUTIVE DIRECTOR).
How much revenue does DISTINGUISHED YOUNG WOMEN FOUNDATION have?
On its 990 for the year ended September 30, 2025 it reported revenue of $683,783, expenses of $787,581 and total assets of $89,005 at year end.

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