Nonprofit · EIN 58-1537766
THE W S WELLONS FOUNDATION
Tax-exempt · SPRING LAKE, NC 28390
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $44,026 | $79,954 | -$35,928 | $349,979 | $4,521 | $345,458 |
| December 31, 2023 | 990-PF | $71,521 | $142,383 | -$70,862 | $382,268 | $0 | $382,268 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $1,988
- Interest
- $215
- Net gain from sales of assets
- $41,823
Expenses
- Grants and similar amounts paid
- $4,500
- Compensation of officers, directors and key employees
- $50,000
- Salaries, compensation and benefits (total)
- $10,000
- Disbursements for charitable purposes
- $4,500
- Excise tax on investment income
- $540
Balance sheet and other
- Total assets, start of year
- $382,268
- Total assets, end of year
- $349,979
- Total liabilities, end of year
- $4,521
- Net assets, end of year
- $345,458
- Fair market value of assets
- $383,852
- Qualifying distributions
- $4,500
- Net investment income
- $44,026
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| W S WELLONS JR P O BOX 766, SPRING LAKE, NC 28390 | CHAIRMAN | 1 | $40,000 |
| JUDY WELLONS P O BOX 766, SPRING LAKE, NC 28390 | DIRECTOR | 1 | $10,000 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| W S WELLONS JR P O BOX 766, SPRING LAKE, NC 28390 | CHAIRMAN | 2 | $50,000 |
| JUDY WELLONS P O BOX 766, SPRING LAKE, NC 28390 | DIRECTOR | 1 | $10,000 |
Address and contacts
- Address (IRS master file)
- PO BOX 766, SPRING LAKE, NC 28390-0766
- Signed the 990-PF
- W S WELLONS JR, CHAIRMAN
- Phone
- (910) 436-3131
- Return prepared by
- WILLIAM TEMPLE ALLEN CPA PA
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 | Not 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
- 58-1537766
- 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
- 1984
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $349,979
- Income (IRS master file)
- $101,563
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $44,026 | $79,954 | $349,979 | IRS |
| 990-PF | December 2023 | $71,521 | $142,383 | $382,268 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | 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 58-1537766).
Questions about THE W S WELLONS FOUNDATION
- What is the EIN of THE W S WELLONS FOUNDATION?
- The employer identification number (EIN) of THE W S WELLONS FOUNDATION is 58-1537766.
- Is THE W S WELLONS FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
- Are donations to THE W S WELLONS FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does THE W S WELLONS FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of THE W S WELLONS FOUNDATION 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 THE W S WELLONS FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of THE W S WELLONS FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 2 people; 2 received compensation from the organization, the highest $40,000 (W S WELLONS JR, CHAIRMAN).
- How much revenue does THE W S WELLONS FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $44,026, expenses of $79,954 and total assets of $349,979 at year end.
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