Nonprofit · EIN 62-6135837
DAVID LIPSCOMB COLLEGE TRUST
Tax-exempt · MCMINNVILLE, TN 37110
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $54,798 | $54,628 | $170 | $342,866 | – | $342,866 |
| December 31, 2023 | 990-EZ | $54,606 | $51,057 | $3,549 | $342,696 | – | $342,696 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Investment income
- $54,702
- Net gain from sales of assets
- $96
Expenses
- Grants and similar amounts paid
- $45,700
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $8,928
Balance sheet and other
- Total assets, start of year
- $342,696
- Total assets, end of year
- $342,866
- Total liabilities, end of year
- –
- Net assets, end of year
- $342,866
- Cash, savings and investments
- $342,866
- Gross receipts
- $54,798
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| First National Bank | Trustee | 1 | $0 |
990-EZ for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| First National Bank | Trustee | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 200 E MAIN ST, MCMINNVILLE, TN 37110-2508
- In care of
- % FIRST NATIONAL BANK
- Signed the 990-EZ
- David Marttala, Trust Officer
- Phone
- (931) 473-4402
- Return prepared by
- Totherow Haile & Welch CPAs PLLC
Mission
Funding a Scholarship to Lipscomb University.
Program accomplishments
- The trust was established to provide financial support to young ladies who will be attending Lipscomb University. The income of the trust after payment of expenses is used for a scholarship to Lipscomb University.
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-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 62-6135837
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $342,866
- Income (IRS master file)
- $54,798
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $54,798 | $54,628 | $342,866 | XML |
| 990-EZ | December 2023 | $54,606 | $51,057 | $342,696 | 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: 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 62-6135837).
Questions about DAVID LIPSCOMB COLLEGE TRUST
- What is the EIN of DAVID LIPSCOMB COLLEGE TRUST?
- The employer identification number (EIN) of DAVID LIPSCOMB COLLEGE TRUST is 62-6135837.
- Is DAVID LIPSCOMB COLLEGE TRUST tax-exempt?
- Yes. The IRS lists it as tax-exempt.
- Which annual return does DAVID LIPSCOMB COLLEGE TRUST 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 DAVID LIPSCOMB COLLEGE TRUST 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 DAVID LIPSCOMB COLLEGE TRUST last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who are the officers and directors of DAVID LIPSCOMB COLLEGE TRUST?
- The 990-EZ for the year ended December 31, 2024 lists 1 person; 0 received compensation from the organization.
- How much revenue does DAVID LIPSCOMB COLLEGE TRUST have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $54,798, expenses of $54,628 and total assets of $342,866 at year end.
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