Nonprofit · EIN 58-1952253
IDEALS FOUNDATION INC
Tax-exempt · LAWRENCEVILLE, GA 30043
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $173,241 | $193,464 | -$20,223 | $179,842 | $3,833 | $176,009 |
| December 31, 2024 | 990 | $256,117 | $184,148 | $71,969 | $198,445 | $2,213 | $196,232 |
| December 31, 2023 | 990-EZ | $168,591 | $172,695 | -$4,104 | $126,756 | $2,493 | $124,263 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $173,226
- Investment income
- $15
Expenses
- Compensation of officers, directors and key employees
- $115,000
- Salaries, compensation and benefits (total)
- $123,797
- Professional fees and payments to contractors
- $4,003
- Occupancy
- $5,800
- Printing, publications and postage
- $2,688
- Other expenses
- $57,176
- Program services (functional)
- $33,583
Balance sheet and other
- Total assets, start of year
- $198,445
- Total assets, end of year
- $179,842
- Total liabilities, end of year
- $3,833
- Net assets, end of year
- $176,009
- Cash, savings and investments
- $179,842
- Gross receipts
- $173,241
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-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JACK WILLIAMS | CEO/BOARD MEMBER | 50 | $115,000 |
| MARK YATES | BOARD CHAIRMAN | 1 | $0 |
| JIMMY STOKES | BOARD MEMBER | 0 | $0 |
| JIMMY FLEMING | BOARD MEMBER | 0 | $0 |
| NATE BROWN | BOARD MEMBER | 0 | $0 |
| LISA WILLIAMS | SECRETARY/TREASURER | 1 | $0 |
| KERENSA WING | BOARD MEMBER | 0 | $0 |
990 for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JACK WILLIAMS | CEO/BD MEMBER Trustee or director, Officer, Key employee, Highest-paid employee | 50 | $115,000 |
| MARK YATES | BC CHAIRMAN Trustee or director | 1 | $0 |
| JIMMY STOKES | BD MEMBER Trustee or director | 0 | $0 |
| JIMMY FLEMING | BD MEMBER Trustee or director | 0 | $0 |
| NATE BROWN | BD MEMBER Trustee or director | 0 | $0 |
| LISA WILLIAMS | SEC/TREAS Trustee or director, Officer | 1 | $0 |
| KERENA WING | BD MEMBER Trustee or director | 0 | $0 |
990-EZ for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JACK WILLIAMS | CEO/BOARD MEMBER | 50 | $113,417 |
| MARK YATES | BOARD CHAIRMAN | 1 | $0 |
| JIMMY STOKES | BOARD MEMBER | 0 | $0 |
| JIMMY FLEMING | BOARD MEMBER | 0 | $0 |
| NATE BROWN | BOARD MEMBER | 0 | $0 |
| LISA WILLIAMS | SECRETARY/TREASURER | 1 | $0 |
| KERENSA WING | BOARD MEMBER | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 45 CHESHIRE WAY, LAWRENCEVILLE, GA 30043-6512
- Mailing address (990-N for 2007)
- 45 Cheshire Way, Lawrenceville GA 30043
- Principal officer (990-N for 2007)
- Jack W Williams, 45 Cheshire Way, Lawrenceville GA 30043
- Signed the 990-EZ
- JACK W WILLIAMS, CEO
- Website
- www.idealsfoundation.com
- Return prepared by
- ROBERT W DARDEN CPA PC
Mission
SEE SCHEDULE O
Program accomplishments
- SEE ATTACHED SCHEDULE O LEADERSHIP SCHOOLExpenses $14,556
- SEE ATTACHED SCHEDULE O EDUCATION PROGRAMExpenses $19,027
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 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 58-1952253
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1992
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B99)
- Assets (IRS master file)
- $179,842
- Income (IRS master file)
- $173,241
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $173,241 | $193,464 | $179,842 | IRS |
| 990 | December 2024 | $256,117 | $184,148 | $198,445 | XML |
| 990-EZ | December 2023 | $168,591 | $172,695 | $126,756 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990-N for 2007 Officer: Jack W Williams | December 31, 2007 | ≤ $50,000 receipts | – | – | e-Postcard |
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 58-1952253).
Questions about IDEALS FOUNDATION INC
- What is the EIN of IDEALS FOUNDATION INC?
- The employer identification number (EIN) of IDEALS FOUNDATION INC is 58-1952253.
- Is IDEALS FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
- Are donations to IDEALS FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does IDEALS 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 IDEALS 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 IDEALS FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who is the principal officer of IDEALS FOUNDATION INC?
- The 990-N for 2007 names Jack W Williams.
- Who are the officers and directors of IDEALS FOUNDATION INC?
- The 990-EZ for the year ended December 31, 2025 lists 7 people; 1 received compensation from the organization, the highest $115,000 (JACK WILLIAMS, CEO/BOARD MEMBER).
- How much revenue does IDEALS FOUNDATION INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $173,241, expenses of $193,464 and total assets of $179,842 at year end.
Other nonprofits in LAWRENCEVILLE
- GEORGIA SCHOOL BOARDS ASSOCIATION WORKERS COMPENSATION FUND EIN 58-2016361 · last filed 990 for 2025
- GEORGIA SCHOOL BOARDS ASSOCIATION INC EIN 58-1077259 · last filed 990 for 2025
- GEORGIA GWINNETT COLLEGE FOUNDATIONINC EIN 20-5107997 · last filed 990 for 2025
- FOREST SCHOOL EIN 82-3748938 · last filed 990 for 2024
- SAGE SCHOOL INC EIN 27-1419483 · last filed 990 for 2025
- REFORMED UNIVERSITY INC EIN 20-5239134 · last filed 990 for 2024
- OAK MEADOW MONTESSORI SCHOOL EIN 85-3118044 · last filed 990 for 2024
- PEACH STATE FCU CARES FOUNDATION INC EIN 85-2321406 · last filed 990-PF for 2024