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Nonprofit · EIN 56-1659434

SILAS ALEXANDER SHARPE FOUNDATION INC

Tax-exempt · STATESVILLE, NC 28687

Financials

$137K$156K2023$139K$158K2024$147K$130K2025
Revenue Expenses · by fiscal year end
Financials of SILAS ALEXANDER SHARPE FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$147,181$129,998$17,183$142,411$0$142,411
December 31, 2024990$139,021$157,719-$18,698$125,228$0$125,228
December 31, 2023990$137,402$156,243-$18,841$143,926$0$143,926
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$116,504
Program service revenue
$30,677
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$54,405
Salaries, compensation and benefits (total)
$54,405
Professional fundraising fees
$0
Accounting fees
$5,570
Occupancy
$24,952
Depreciation
$6,933
Program services (functional)
$98,266
Management and general (functional)
$5,896
Fundraising (functional)
$25,836

Balance sheet and other

Total assets, start of year
$125,228
Total assets, end of year
$142,411
Total liabilities, end of year
$0
Net assets, end of year
$142,411
Land, buildings and equipment
$112,121
Net assets without donor restrictions
$142,411
Gross receipts
$147,181
Employees
0
Year formed
1989
State of legal domicile
NC

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.

NameTitleHours / weekCompensation
KEITH RHYNEDIRECTOR
Trustee or director
40$54,405
DR RALPH BENTLEYCHAIRMAN
Trustee or director, Officer
1$0
SUSAN HALLDIRECTOR
Trustee or director
1$0
EDWIN HUNTERDIRECTOR
Trustee or director
1$0
ABIGAIL JENNINGSDIRECTOR
Trustee or director
1$0
ANNE RHYNEDIRECTOR
Trustee or director
1$0
GINNIFER SCOTTDIRECTOR
Trustee or director
1$0
KEN VANCETREASURER
Trustee or director, Officer
1$0
BETSY YARBOROUGHSECRETARY
Trustee or director, Officer
1$0
990 for the year ended December 31, 2024: 5 people
NameTitleHours / weekCompensation
CAROLINE BENTLEYDIRECTOR
Trustee or director
–$0
DR RALPH BENTLEYCHAIRMAN
Trustee or director, Officer
–$0
SUSAN HALLDIRECTOR
Trustee or director
–$0
EDWIN HUNTERSECRETARY
Trustee or director, Officer
–$0
KEITH RHYNEDIRECTOR
Trustee or director
–$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
KEITH RHYNEDIRECTOR
Trustee or director
1$26,628
CAROLINE BENTLEYDIRECTOR
Trustee or director
1$0
DR RALPH BENTLEYCHAIRMAN
Trustee or director, Officer
1$0
SUSAN HALLDIRECTOR
Trustee or director
1$0
EDWIN HUNTERSECRETARY
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
PO BOX 1189, STATESVILLE, NC 28687-1189
In care of
% RALPH L BENTLEY
Principal officer (990 for 2025)
DR RALPH BENTLEY, 332 NORTH CENTER STREET, STATESVILLE, NC 28677
Signed the 990
DR RALPH BENTLEY, CHAIRMAN
Phone
(704) 878-9541
Return prepared by
POTTS STEELE & WHITE PA

Mission

THE INITIAL PURPOSE OF THE ORGANIZATION IS TO ACQUIRE AND RESTORE THE BUILDING AND FURNISHINGS OF THE SILAS ALEXANDER SHARPE HOMEPLACE. THIS SITE IS A MID NINETEENTH CENTURY HOME SITE. THE ONGOING PURPOSE IS TO MAINTAIN THE HOUSE SITE FOR ART AND EDUCATION PURPOSES FOR THE BENEFIT OF THE PEOPLE OF IREDELL COUNTY, NORTH CAROLINA AND THE NATION.

990 for the year ended December 31, 2025

Program accomplishments

  • TO RESTORE, FURNISH AND MAINTAIN THE SILAS ALEXANDER SHARPE HOMEPLACE. THIS HOME IS USED BY SMALL GROUPS TO PROMOTE THE ARTS, HISTORY AND EDUCATION OF THE CITY OF STATESVILLE AND IREDELL COUNTY, NORTH CAROLINA. THE HOME IS ALSO MADE AVALIABLE FOR A FEE TO SMALL GATHERINGS FOR PRIVATE EVENTS WHICH ASSIST IN OFFSETTING THE COST OF MAINTAINING THE HOME.
    Expenses $98,266 · revenue $30,677

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
56-1659434
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
2005
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$142,411
Income (IRS master file)
$147,181

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$147,181$129,998$142,411XML
990December 2024$139,021$157,719$125,228XML
990December 2023$137,402$156,243$143,926XML
990December 2022$115,669$139,328$162,767IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 56-1659434).

Questions about SILAS ALEXANDER SHARPE FOUNDATION INC

What is the EIN of SILAS ALEXANDER SHARPE FOUNDATION INC?
The employer identification number (EIN) of SILAS ALEXANDER SHARPE FOUNDATION INC is 56-1659434.
Is SILAS ALEXANDER SHARPE FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
Are donations to SILAS ALEXANDER SHARPE FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SILAS ALEXANDER SHARPE 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 SILAS ALEXANDER SHARPE 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 SILAS ALEXANDER SHARPE FOUNDATION INC 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 SILAS ALEXANDER SHARPE FOUNDATION INC?
The 990 for the year ended December 31, 2025 names DR RALPH BENTLEY.
Who are the officers and directors of SILAS ALEXANDER SHARPE FOUNDATION INC?
The 990 for the year ended December 31, 2025 lists 9 people; 1 received compensation from the organization, the highest $54,405 (KEITH RHYNE, DIRECTOR).
How much revenue does SILAS ALEXANDER SHARPE FOUNDATION INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $147,181, expenses of $129,998 and total assets of $142,411 at year end.

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