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Nonprofit · EIN 58-1949667

PACES FOUNDATION INC

Tax-exempt · SMYRNA, GA 30080

Financials

$10.5M$11.7M2023$21.4M$14.8M2024
Revenue Expenses · by fiscal year end
Financials of PACES FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$21,403,290$14,807,681$6,595,609$92,965,132$64,900,633$28,064,499
December 31, 2023990-PF$10,528,238$11,663,009-$1,134,771$87,831,998$67,340,135$20,491,863
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$176,059
Dividends
$301,170
Interest
$529,034
Net gain from sales of assets
$12,433,323
Other income
$7,963,704

Expenses

Grants and similar amounts paid
$38,225
Compensation of officers, directors and key employees
$1,958,300
Salaries, compensation and benefits (total)
$418,908
Disbursements for charitable purposes
$6,822,681
Excise tax on investment income
$94,754

Balance sheet and other

Total assets, start of year
$87,831,998
Total assets, end of year
$92,965,132
Total liabilities, end of year
$64,900,633
Net assets, end of year
$28,064,499
Fair market value of assets
$92,965,132
Qualifying distributions
$6,843,977
Net investment income
$13,263,527

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.

NameTitleHours / weekCompensation
Mark Du Mas
2730 Cumberland Boulevard, Smyrna, GA 30080
President40$978,000
Renee Sandell
1014 Chesterfield Place, Marietta, GA 30064
Vice-President40$362,792
Stephen Bauhan
512 Michigan Ave, Decatur, GA 30030
Vice President/Chief
Highest-paid employee
40$265,436
Lori T Bobier
1086 Woodcroft Chase, Marietta, GA 30064
Director of Assets
Highest-paid employee
40$158,577
Teagan P Livingston
2115 Lake Park Dr Apt J, Smyrna, GA 30080
Development Coordina
Highest-paid employee
40$76,467
Betty Jones
2335 Shell Road, Savannah, GA 31404
Board Member1$0
Julie Bowen
2730 Cumberland Boulevard, Smyrna, GA 30080
Board Member1$0
Robert Ryan
2730 Cumberland Boulevard, Smyrna, GA 30080
Board Member1$0
Kevin Kirby
2730 Cumberland Boulevard, Smyrna, GA 30080
Secretary1$0
990-PF for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
Mark Du Mas
2730 Cumberland Boulevard, Smyrna, GA 30080
President40$980,000
Renee Sandell
1014 Chesterfield Place, Marietta, GA 30064
Vice-President40$352,707
Lori T Bobier
1086 Woodcroft Chase, Marietta, GA 30064
Director of Assets
Highest-paid employee
40$149,750
Michael J Bauer
3454 Barnwood Place, Powder Springs, GA 30127
Development Director
Highest-paid employee
40$143,792
Betty Jones
2335 Shell Road, Savannah, GA 31404
Board Member1$0
Julie Bowen
2730 Cumberland Boulevard, Smyrna, GA 30080
Board Member1$0
Robert Ryan
2730 Cumberland Boulevard, Smyrna, GA 30080
Board Member1$0
Kevin Kirby
2730 Cumberland Boulevard, Smyrna, GA 30080
Secretary1$0

Address and contacts

Address (IRS master file)
2730 CUMBERLAND BLVD SE, SMYRNA, GA 30080-3048
In care of
% MARK DU MAS
Signed the 990-PF
Mark Du Mas, Vice President
Phone
(404) 431-9696
Return prepared by
Aprio Advisory Group LLC

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
58-1949667
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
1992
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$92,965,132
Income (IRS master file)
$44,294,467

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$21,403,290$14,807,681$92,965,132XML
990-PFDecember 2023$10,528,238$11,663,009$87,831,998XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS
990-PFDecember 2017–––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 58-1949667).

Questions about PACES FOUNDATION INC

What is the EIN of PACES FOUNDATION INC?
The employer identification number (EIN) of PACES FOUNDATION INC is 58-1949667.
Is PACES FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
Are donations to PACES FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does PACES FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of PACES 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 PACES FOUNDATION INC 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 PACES FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 9 people; 5 received compensation from the organization, the highest $978,000 (Mark Du Mas, President).
How much revenue does PACES FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $21,403,290, expenses of $14,807,681 and total assets of $92,965,132 at year end.

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