Nonprofit · EIN 58-6047220
SOUTHERN FEDERAL TAX INSTITUTE INC
Tax-exempt · DECATUR, GA 30033
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| October 31, 2025 | 990 | $839,414 | $581,613 | $257,801 | $2,316,710 | $0 | $2,316,710 |
| October 31, 2024 | 990 | $771,383 | $802,318 | -$30,935 | $2,058,909 | $0 | $2,058,909 |
Financial details: 990 for the year ended October 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $744,477
- Investment income
- $94,937
- Net gain from sales of assets
- $33,245
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $5,085
- Travel
- $76,119
- Program services (functional)
- $420,287
- Management and general (functional)
- $161,326
Balance sheet and other
- Total assets, start of year
- $2,058,909
- Total assets, end of year
- $2,316,710
- Total liabilities, end of year
- $0
- Net assets, end of year
- $2,316,710
- Publicly traded securities
- $1,402,814
- Net assets without donor restrictions
- $2,316,710
- Gross receipts
- $936,978
- Employees
- 0
- Year formed
- 1965
- 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 October 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL DESMOND | TRUSTEE Trustee or director | – | $0 |
| JOHN W HACKNEY | TRUSTEE Trustee or director | – | $0 |
| GEORGE A HANI | TRUSTEE Trustee or director | – | $0 |
| GERALD THOMAS II | TRUSTEE Trustee or director | – | $0 |
| CHRISTOPHER JONES | TRUSTEE Trustee or director | – | $0 |
| ALAN F ROTHSCHILD JR | TRUSTEE Trustee or director | – | $0 |
| DAVID C SOJOURNER JR | TRUSTEE Trustee or director | – | $0 |
| MICHAEL A LAING | TRUSTEE Trustee or director | – | $0 |
| MARTHA LOUISE R LEWIS | TRUSTEE Trustee or director | – | $0 |
| KENDAL SIBLEY | TRUSTEE Trustee or director | – | $0 |
| JAMES B SOWELL | TRUSTEE Trustee or director | – | $0 |
| KIMBERLY H STOGNER | TRUSTEE Trustee or director | – | $0 |
| DAVID WHEAT | TRUSTEE Trustee or director | – | $0 |
| LISA ZARLENGA | TRUSTEE Trustee or director | – | $0 |
| FARHAD AGHDAMI | PRESIDENT Officer | – | $0 |
4 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TIFFANY A ALTIZER | CHAIRMAN OF Officer | – | $0 |
| CAMERON N COSBY | SECRETARY Officer | – | $0 |
| JEFFERY S DRUMMONDS | TREASURER Officer | – | $0 |
| ZACK LEDER | VICE PRESIDE Officer | – | $0 |
990 for the year ended October 31, 2024: 17 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FARHAD AGHDAMI | VICE PRESIDE Trustee or director, Officer | – | $0 |
| MICHAEL DESMOND | TRUSTEE Trustee or director | – | $0 |
| JOHN W HACKNEY | TRUSTEE Trustee or director | – | $0 |
| GEORGE A HANI | TRUSTEE Trustee or director | – | $0 |
| CHRISTOPHER JONES | TRUSTEE Trustee or director | – | $0 |
| ALAN F ROTHSCHILD JR | TRUSTEE Trustee or director | – | $0 |
| MICHAEL A LAING | TRUSTEE Trustee or director | – | $0 |
| ZACK LEDER | TRUSTEE Trustee or director | – | $0 |
| MARTHA LOUISE R LEWIS | TRUSTEE Trustee or director | – | $0 |
| JAMES B SOWELL | TRUSTEE Trustee or director | – | $0 |
| KIMBERLY H STOGNER | TRUSTEE Trustee or director | – | $0 |
| DAVID WHEAT | TRUSTEE Trustee or director | – | $0 |
| LISA ZARLENGA | TRUSTEE Trustee or director | – | $0 |
| TIFFANY A ALTIZER | PRESIDENT Officer | – | $0 |
| CAMERON N COSBY | SECRETARY Officer | – | $0 |
| JEFFERY S DRUMMONDS | TREASURER Officer | – | $0 |
| DAVID C SOJOURNER JR | CHAIR OF THE Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- 2107 N DECATUR RD PMB 521, DECATUR, GA 30033-5305
- Principal officer (990 for 2024)
- JEFFERY S DRUMMONDS
- Signed the 990
- JEFFERY S DRUMMONDS, TREASURER
- Phone
- (770) 640-8300
- Website
- WWW.SFTI.ORG
- Return prepared by
- KEITH ALTIZER AND COMPANY PA
Mission
EDUCATION
Program accomplishments
- THE INSTITUTE WAS FORMED PRIMARILY FOR EDUCATIONAL PURPOSES. IN KEEPING WITH ITS EXEMPT PURPOSE, THE INSTITUTE CONDUCTS A FEDERAL TAXATION FORUM WHICH ALLOWS ITS PARTICIPANTS TO DISCUSS AND SHARE NEW IDEAS AND LEARN THE PROVISIONS OF NEW TAX LEGISLATION.Expenses $420,287 · revenue $744,477
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 October, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | October 31, 2026 | March 15, 2027 | Not due yet |
| 2024 | October 31, 2025 | March 16, 2026 | 990 on file |
| 2023 | October 31, 2024 | March 17, 2025 | 990 on file |
IRS record
- EIN
- 58-6047220
- 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
- 1965
- Accounting year ends
- October
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Public and societal benefit (W22E)
- Assets (IRS master file)
- $2,316,710
- Income (IRS master file)
- $936,978
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | October 2025 | $839,414 | $581,613 | $2,316,710 | XML |
| 990 | October 2024 | $771,383 | $802,318 | $2,058,909 | XML |
| 990 | October 2023 | $709,057 | $604,961 | $2,089,844 | IRS |
| 990 | October 2022 | $767,280 | $423,793 | $1,985,748 | IRS |
| 990 | October 2021 | – | – | – | IRS |
| 990 | October 2020 | – | – | – | IRS |
| 990 | October 2019 | – | – | – | IRS |
| 990 | October 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 58-6047220).
Questions about SOUTHERN FEDERAL TAX INSTITUTE INC
- What is the EIN of SOUTHERN FEDERAL TAX INSTITUTE INC?
- The employer identification number (EIN) of SOUTHERN FEDERAL TAX INSTITUTE INC is 58-6047220.
- Is SOUTHERN FEDERAL TAX INSTITUTE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1965.
- Are donations to SOUTHERN FEDERAL TAX INSTITUTE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SOUTHERN FEDERAL TAX INSTITUTE 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 SOUTHERN FEDERAL TAX INSTITUTE INC due?
- The return for tax year 2025 (the year ending October 31, 2026) is due March 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SOUTHERN FEDERAL TAX INSTITUTE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended October 2025.
- Who is the principal officer of SOUTHERN FEDERAL TAX INSTITUTE INC?
- The 990 for the year ended October 31, 2025 names JEFFERY S DRUMMONDS.
- Who are the officers and directors of SOUTHERN FEDERAL TAX INSTITUTE INC?
- The 990 for the year ended October 31, 2025 lists 19 people; 0 received compensation from the organization.
- How much revenue does SOUTHERN FEDERAL TAX INSTITUTE INC have?
- On its 990 for the year ended October 31, 2025 it reported revenue of $839,414, expenses of $581,613 and total assets of $2,316,710 at year end.
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