Nonprofit · EIN 58-2328397
AVERY PROPERTIES INC
Tax-exempt · DECATUR, GA 30030
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $518,282 | $14,604,871 | -$14,086,589 | $4,004,257 | $1,972 | $4,002,285 |
| June 30, 2024 | 990 | $1,991,833 | $6,746,567 | -$4,754,734 | $18,090,659 | $1,785 | $18,088,874 |
| June 30, 2023 | 990 | $870,944 | $7,224,714 | -$6,353,770 | $22,844,993 | $1,385 | $22,843,608 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $518,282
- Net gain from sales of assets
- $430,343
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $14,464,607
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $14,589,907
- Management and general (functional)
- $14,964
Balance sheet and other
- Total assets, start of year
- $18,090,659
- Total assets, end of year
- $4,004,257
- Total liabilities, end of year
- $1,972
- Net assets, end of year
- $4,002,285
- Publicly traded securities
- $3,104,711
- Net assets without donor restrictions
- $4,002,285
- Gross receipts
- $518,282
- Employees
- 3
- Volunteers
- 5
- Year formed
- 1997
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Leocadia I Zak | Trustee, President of Agnes Scott College Trustee or director, Officer | 0.4 | $0 | $325,824 | $75,451 |
| Nicole S Long | Treasurer/VP Finance & Administration Officer | 0.4 | $0 | $188,022 | $44,774 |
| Lea Ann Hudson | Secretary/Associate VP Officer | 0.4 | $0 | $125,360 | $29,199 |
| E Ann Glendinning | President Trustee or director, Officer | 0.2 | $0 | $0 | $0 |
| Elizabeth H Noe | Chair Trustee or director, Officer | 0.4 | $0 | $0 | $0 |
| Portia O Morrison | Secretary/Treasurer Trustee or director, Officer | 0.2 | $0 | $0 | $0 |
| Loucy T Hay | Trustee Trustee or director | 0.2 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 7 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Leocadia I Zak | President of Agnes Scott College Trustee or director, Officer | 0.4 | $0 | $325,937 | $70,688 |
| Nicole Long | VP Finance & Administration Officer | 0.2 | $0 | $136,358 | $24,513 |
| Lea Ann Hudson | Secretary/Associate VP Officer | 0.4 | $0 | $121,639 | $27,518 |
| E Ann Glendinning | President Trustee or director, Officer | 0.2 | $0 | $0 | $0 |
| David D Weitnauer | Secretary/Treasurer Trustee or director, Officer | 0.2 | $0 | $0 | $0 |
| Elizabeth H Noe | Chair Trustee or director | 0.4 | $0 | $0 | $0 |
| J Walter Drake | Trustee Trustee or director | 0.2 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 8 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Leocadia I Zak | President of Agnes Scott C Trustee or director, Officer | 0.2 | $0 | $318,463 | $42,616 |
| Scott Randazza | VP Finance & Admin Officer | 0.2 | $0 | $227,000 | $0 |
| Lea Ann Hudson | Secretary/Associate VP Officer | 0.2 | $0 | $120,615 | $27,615 |
| Nicole Long | VP Finance & Admin Officer | 0.2 | $0 | $0 | $0 |
| E Ann Glendinning | President Trustee or director, Officer | 0.2 | $0 | $0 | $0 |
| David D Weitnauer | Secretary/Treasurer Trustee or director, Officer | 0.2 | $0 | $0 | $0 |
| J Walter Drake | Trustee Trustee or director | 0.2 | $0 | $0 | $0 |
| Elizabeth H Noe | Trustee Trustee or director | 0.2 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 141 E COLLEGE AVE, DECATUR, GA 30030-3770
- In care of
- % JOHN HEGMAN
- Principal officer (990 for 2024)
- Nicole Long, 141 East College Avenue, Decatur, GA 30030
- Signed the 990
- Nicole Long, VP Finance & Administration
- Phone
- (404) 471-6308
- Website
- www.agnesscott.edu
- Return prepared by
- Mauldin & Jenkins LLC
Mission
Charitable organization to support the furtherance of Agnes Scott College's educational purposes.
Program accomplishments
- To provide affordable housing for the students and to support the operations of Agnes Scott College.Expenses $14,589,907 · grants $14,464,607
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 58-2328397
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 2001
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B110)
- Assets (IRS master file)
- $4,004,257
- Income (IRS master file)
- $518,282
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $518,282 | $14,604,871 | $4,004,257 | IRS |
| 990 | June 2024 | $1,991,833 | $6,746,567 | $18,090,659 | IRS |
| 990 | June 2023 | $870,944 | $7,224,714 | $22,844,993 | IRS |
| 990 | June 2022 | $28,468,179 | $821,240 | $29,198,763 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 58-2328397).
Questions about AVERY PROPERTIES INC
- What is the EIN of AVERY PROPERTIES INC?
- The employer identification number (EIN) of AVERY PROPERTIES INC is 58-2328397.
- Is AVERY PROPERTIES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to AVERY PROPERTIES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does AVERY PROPERTIES 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 AVERY PROPERTIES INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did AVERY PROPERTIES INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of AVERY PROPERTIES INC?
- The 990 for the year ended June 30, 2025 names Nicole Long.
- Who are the officers and directors of AVERY PROPERTIES INC?
- The 990 for the year ended June 30, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does AVERY PROPERTIES INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $518,282, expenses of $14,604,871 and total assets of $4,004,257 at year end.
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