Nonprofit · EIN 58-2508208
SFOI ORG
Tax-exempt · CHATTANOOGA, TN 37416
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $646,699 | $653,471 | -$6,772 | $104,482 | $31,389 | $73,093 |
| December 31, 2023 | 990 | $602,037 | $646,214 | -$44,177 | $105,176 | $20,899 | $84,277 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $631,028
- Program service revenue
- $15,641
- Investment income
- $30
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $1,477
- Other salaries and wages
- $234,630
- Salaries, compensation and benefits (total)
- $239,157
- Professional fundraising fees
- $0
- Occupancy
- $12,252
- Travel
- $12,809
- Depreciation
- $137
- Program services (functional)
- $641,946
- Management and general (functional)
- $11,525
Balance sheet and other
- Total assets, start of year
- $105,176
- Total assets, end of year
- $104,482
- Total liabilities, end of year
- $31,389
- Net assets, end of year
- $73,093
- Land, buildings and equipment
- $1,229
- Net assets without donor restrictions
- $73,093
- Gross receipts
- $646,699
- Employees
- 14
- Volunteers
- 0
- Year formed
- 1999
- State of legal domicile
- TN
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 |
|---|---|---|---|
| WILLIAM ADAMS | PRESIDENT Trustee or director, Officer | 40 | $1,477 |
| JAY SNEAD | DIRECTOR, EVANGELIST RELAT Trustee or director | 1 | $0 |
| SCOTT SMITH | CHAIRMAN Trustee or director | 1 | $0 |
| TIM PETTUS | DIRECTOR Trustee or director | 1 | $0 |
| JASON MCGOUGH | DIRECTOR, DONOR RELATIONS Trustee or director | 1 | $0 |
| ALEX BURT | DIRECTOR Trustee or director | 1 | $0 |
| TERRY ALLEN | SECRETARY Officer | 5 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM ADAMS | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $1,267 |
| JAY SNEAD | DIRECTOR, EVANGELIST RELAT Trustee or director | 1 | $0 |
| SCOTT SMITH | CHAIRMAN Trustee or director | 1 | $0 |
| TIM PETTUS | DIRECTOR Trustee or director | 1 | $0 |
| JASON MCGOUGH | DIRECTOR, DONOR RELATIONS Trustee or director | 1 | $0 |
| ALEX BURT | DIRECTOR Trustee or director | 0 | $0 |
| TERRY ALLEN | SECRETARY Officer | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 4420 OAKWOOD DRIVE, CHATTANOOGA, TN 37416-9998
- In care of
- % WILLIAM W ADAMS III
- Principal officer (990 for 2024)
- WILLIAM ADAMS, 200 W MLK BLVD SUITE 1000, CHATTANOOGA, TN 37402
- Signed the 990
- WILLIAM ADAMS, EXECUTIVE DIRECTOR
- Phone
- (843) 957-5421
- Return prepared by
- THOMPSON PRICE SCOTT ADAMS & CO
Mission
THE ORGANIZATION TAKES INTERNATIONAL, NATIONAL, AND LOCAL MISSION TRIPS AND HAS PREACHED TO OVER 100,000 PEOPLE. ALSO DISTRIBUTING LITERATURE AND PRAYER FOR THOSE WHO WOULD BENEFIT.
Program accomplishments
- THE ORGANIZATION TAKES INTERNATIONAL, NATIONAL, AND LOCAL MISSION TRIPS AND HAS PREACHED TO OVER 100,000 PEOPLE. ALSO DISTRIBUTING LITERATURE AND PRAYER FOR THOSE WHO WOULD BENEFIT.Expenses $641,946 · revenue $15,671
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
- 58-2508208
- 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
- 2000
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Religion-related (X99)
- Assets (IRS master file)
- $104,482
- Income (IRS master file)
- $646,699
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $646,699 | $653,471 | $104,482 | XML |
| 990 | December 2023 | $602,037 | $646,214 | $105,176 | XML |
| 990 | December 2022 | $612,401 | $617,422 | $134,929 | 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 58-2508208).
Questions about SFOI ORG
- What is the EIN of SFOI ORG?
- The employer identification number (EIN) of SFOI ORG is 58-2508208.
- Is SFOI ORG tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to SFOI ORG tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SFOI ORG 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 SFOI ORG 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 SFOI ORG 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 SFOI ORG?
- The 990 for the year ended December 31, 2024 names WILLIAM ADAMS.
- Who are the officers and directors of SFOI ORG?
- The 990 for the year ended December 31, 2024 lists 7 people; 1 received compensation from the organization, the highest $1,477 (WILLIAM ADAMS, PRESIDENT).
- How much revenue does SFOI ORG have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $646,699, expenses of $653,471 and total assets of $104,482 at year end.
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