Nonprofit · EIN 58-1533516
ACVB FOUNDATION INC
Tax-exempt · ATLANTA, GA 30303
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $222,034 | $134,531 | $87,503 | $3,628,886 | $6,495 | $3,622,391 |
| December 31, 2023 | 990 | $152,340 | $98,269 | $54,071 | $3,894,578 | $5,745 | $3,888,833 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $75,366
- Investment income
- $85,162
- Net gain from sales of assets
- $14,153
- Other revenue
- $61,506
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $45,285
- Management and general (functional)
- $89,246
Balance sheet and other
- Total assets, start of year
- $3,894,578
- Total assets, end of year
- $3,628,886
- Total liabilities, end of year
- $6,495
- Net assets, end of year
- $3,622,391
- Net assets without donor restrictions
- $3,622,391
- Gross receipts
- $222,034
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2002
- State of legal domicile
- GA
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| WILLIAM PATE | PRESIDENT & CEO Officer | 2 | $0 | $979,067 | $46,147 |
| GREGORY PIERCE | SECRETARY/TREASURER Officer | 2 | $0 | $500,440 | $32,053 |
| ANDREW WILSON | DIRECTOR Trustee or director | 1 | $0 | $423,253 | $50,690 |
| SHERETHA BELL | DIRECTOR Trustee or director | 1 | $0 | $235,065 | $37,303 |
| JO ANN HADEN-MILLER | DIRECTOR Trustee or director | 1 | $0 | $167,466 | $24,978 |
| KEN BERNHARDT | CHAIR Officer | 2 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| WILLIAM PATE | PRESIDENT & CEO Officer | 2 | $0 | $1,049,729 | $37,530 |
| GREGORY PIERCE | SECRETARY/TREASURER Officer | 2 | $0 | $442,440 | $28,774 |
| ANDREW WILSON | DIRECTOR Trustee or director | 1 | $0 | $426,494 | $40,983 |
| SHERETHA BELL | DIRECTOR Trustee or director | 1 | $0 | $191,071 | $23,368 |
| JO ANN HADEN-MILLER | DIRECTOR Trustee or director | 1 | $0 | $137,040 | $17,514 |
| KEN BERNHARDT | CHAIR Officer | 2 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 233 PEACHTREE ST NE STE 1400, ATLANTA, GA 30303-1507
- In care of
- % GREGORY N PIERCE
- Principal officer (990 for 2024)
- GREGORY PIERCE, 233 PEACHTREE STREET NE 1400, ATLANTA, GA 30303
- Signed the 990
- GREGORY PIERCE, TREASURER
- Phone
- (404) 521-6600
- Return prepared by
- FRAZIER & DEETER ADVISORY LLC
Mission
TO WORK WITH LOCAL, NON-PROFIT CULTURAL INSTITUTIONS TO ENCOURAGE PUBLIC AWARENESS & FINANCIAL SUPPORT FOR ART, CULTURAL & HISTORICAL ORGANIZATIONS.
Program accomplishments
- CULTURAL MEDIA CAMPAIGN - BUYING MEDIA TO TARGET SPECIFIC CULTURAL EVENTSExpenses $45,285 · revenue $75,366
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 | Not 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
- 58-1533516
- 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
- 2002
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S11)
- Assets (IRS master file)
- $3,628,886
- Income (IRS master file)
- $222,034
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $222,034 | $134,531 | $3,628,886 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $152,340 | $98,269 | $3,894,578 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $72,074 | $101,053 | $1,587,835 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | 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 58-1533516).
Questions about ACVB FOUNDATION INC
- What is the EIN of ACVB FOUNDATION INC?
- The employer identification number (EIN) of ACVB FOUNDATION INC is 58-1533516.
- Is ACVB FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to ACVB FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ACVB 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 ACVB 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 ACVB FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of ACVB FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names GREGORY PIERCE.
- Who are the officers and directors of ACVB FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
- How much revenue does ACVB FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $222,034, expenses of $134,531 and total assets of $3,628,886 at year end.
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