Nonprofit · EIN 56-1590110
AMERICAN SCHLAFHORST FOUNDATION INC
Tax-exempt · CHARLOTTE, NC 28273
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $96,672 | $125,966 | -$29,294 | $873,188 | $0 | $873,188 |
| December 31, 2024 | 990-PF | $69,077 | $125,841 | -$56,764 | $902,482 | $0 | $902,482 |
| December 31, 2023 | 990-PF | $50,968 | $99,196 | -$48,228 | $959,246 | $0 | $959,246 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $46,859
- Net gain from sales of assets
- $49,813
Expenses
- Grants and similar amounts paid
- $55,000
- Compensation of officers, directors and key employees
- $55,200
- Disbursements for charitable purposes
- $74,320
- Excise tax on investment income
- $627
Balance sheet and other
- Total assets, start of year
- $902,482
- Total assets, end of year
- $873,188
- Total liabilities, end of year
- $0
- Net assets, end of year
- $873,188
- Fair market value of assets
- $1,134,984
- Qualifying distributions
- $74,320
- Net investment income
- $96,672
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAN W LOFTIS 124 KIOWA WAY, LOUDON, TN 37774 | EXECUTIVE DIRECTOR | 20 | $55,200 |
| ROBERT SAGE 10923 LEDERER AVENUE, CHARLOTTE, NC 28277 | PRESIDENT | 0.1 | $0 |
| ERNEST REIGEL 100 N TRYON ST SUITE 4700, CHARLOTTE, NC 28202 | SECRETARY | 0.1 | $0 |
| JOHN W FLETCHER III 831 EAST MOREHEAD STREET, CHARLOTTE, NC 28202 | DIRECTOR | 0.1 | $0 |
990-PF for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAN W LOFTIS 124 KIOWA WAY, LOUDON, TN 37774 | EXECUTIVE DIRECTOR | 20 | $55,200 |
| ROBERT SAGE 10923 LEDERER AVENUE, CHARLOTTE, NC 28277 | PRESIDENT | 0 | $0 |
| ERNEST REIGEL 100 N TRYON ST SUITE 4700, CHARLOTTE, NC 28202 | SECRETARY | 0 | $0 |
| JOHN W FLETCHER III 831 EAST MOREHEAD STREET, CHARLOTTE, NC 28202 | DIRECTOR | 0 | $0 |
990-PF for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAN W LOFTIS 124 KIOWA WAY, LOUDON, TN 37774 | EXECUTIVE DIRECTOR | 20 | $55,200 |
| ROBERT SAGE 10923 LEDERER AVENUE, CHARLOTTE, NC 28277 | PRESIDENT | 0 | $0 |
| ERNEST REIGEL 100 N TRYON ST SUITE 4700, CHARLOTTE, NC 28202 | SECRETARY | 0 | $0 |
| JOHN W FLETCHER III 831 EAST MOREHEAD STREET, CHARLOTTE, NC 28202 | DIRECTOR | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 8801 SOUTH BLVD, CHARLOTTE, NC 28273-6931
- Signed the 990-PF
- DAN W LOFTIS, EXEC. DIRECTOR
- Phone
- (704) 554-0800
- Return prepared by
- CLIFTONLARSONALLEN LLP
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 | 990-PF 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
- 56-1590110
- 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
- 1988
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $873,188
- Income (IRS master file)
- $310,157
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $96,672 | $125,966 | $873,188 | XML |
| 990-PF | December 2024 | $69,077 | $125,841 | $902,482 | XML |
| 990-PF | December 2023 | $50,968 | $99,196 | $959,246 | 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 56-1590110).
Questions about AMERICAN SCHLAFHORST FOUNDATION INC
- What is the EIN of AMERICAN SCHLAFHORST FOUNDATION INC?
- The employer identification number (EIN) of AMERICAN SCHLAFHORST FOUNDATION INC is 56-1590110.
- Is AMERICAN SCHLAFHORST FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
- Are donations to AMERICAN SCHLAFHORST FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does AMERICAN SCHLAFHORST FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of AMERICAN SCHLAFHORST FOUNDATION INC 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 AMERICAN SCHLAFHORST FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of AMERICAN SCHLAFHORST FOUNDATION INC?
- The 990-PF for the year ended December 31, 2025 lists 4 people; 1 received compensation from the organization, the highest $55,200 (DAN W LOFTIS, EXECUTIVE DIRECTOR).
- How much revenue does AMERICAN SCHLAFHORST FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $96,672, expenses of $125,966 and total assets of $873,188 at year end.
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