Nonprofit · EIN 64-0435452
CANTON ACADEMIC FOUNDATION INC
Tax-exempt · CANTON, MS 39046
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $3,828,482 | $3,849,348 | -$20,866 | $5,020,780 | $3,371,256 | $1,649,524 |
| June 30, 2024 | 990 | $3,589,489 | $3,643,983 | -$54,494 | $5,113,925 | $3,149,578 | $1,964,347 |
| June 30, 2023 | 990 | $3,392,958 | $2,913,868 | $479,090 | $3,228,201 | $1,209,360 | $2,018,841 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $3,715
- Program service revenue
- $3,824,767
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $2,043,606
- Salaries, compensation and benefits (total)
- $2,197,412
- Professional fundraising fees
- $0
- Occupancy
- $322,339
- Depreciation
- $139,397
- Program services (functional)
- $3,337,575
- Management and general (functional)
- $267,193
- Fundraising (functional)
- $244,580
Balance sheet and other
- Total assets, start of year
- $5,113,925
- Total assets, end of year
- $5,020,780
- Total liabilities, end of year
- $3,371,256
- Net assets, end of year
- $1,649,524
- Land, buildings and equipment
- $1,411,754
- Gross receipts
- $3,828,482
- Employees
- 106
- Year formed
- 1965
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 |
|---|---|---|---|
| LIBBY BRADBERRY | TREASURER Trustee or director, Officer | – | $0 |
| JIMMY NIX III | HEAD OF SCHO Trustee or director, Officer | – | $0 |
| LEIGH PACE | VICE PRESIDE Trustee or director, Officer | – | $0 |
| KASEY RATHER | SECRETARY Trustee or director, Officer | – | $0 |
| DANIEL S SPIVEY | PRESIDENT Trustee or director, Officer | – | $0 |
990 for the year ended June 30, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LIBBY BRADBERRY | TREASURER Trustee or director, Officer | – | $0 |
| JAMES RYAN LASTER | HEAD OF SCHO Trustee or director, Officer | – | $0 |
| LEIGH PACE | VICE PRESIDE Trustee or director, Officer | – | $0 |
| KASEY RATHER | SECRETARY Trustee or director, Officer | – | $0 |
| DANIEL S SPIVEY | PRESIDENT Trustee or director, Officer | – | $0 |
990 for the year ended June 30, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LIBBY BRADBERRY | TREASURER Trustee or director, Officer | – | $0 |
| JAMES RYAN LASTER | HEAD OF SCHO Trustee or director, Officer | – | $0 |
| LEIGH PACE | VICE PRESIDE Trustee or director, Officer | – | $0 |
| KIMBERLY PRATT | SECRETARY Trustee or director, Officer | – | $0 |
| DANIEL S SPIVEY | PRESIDENT Trustee or director, Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 116, CANTON, MS 39046-0116
- Principal officer (990 for 2024)
- DANIEL S SPIVEY, 1427 SUNSET DRIVE, CANTON, MS 39046
- Signed the 990
- JIMMY NIX III, HEAD OF SCHOOLS
- Phone
- (601) 859-5231
- Website
- HTTPS://CANTONACADEMY.ORG/
- Return prepared by
- LIGHTHEART SANDERS
Mission
TO EDUCATE STUDENTS WITH VARIED LEARNING EXPERIENCES SO THAT THEY MAY GROW INTELLECTUALLY SOCIALLY, MORALLY, AND PHYSICALLY.
Program accomplishments
- ACADEMIC PROGRAMS: THE FOUNDATION PROVIDED EDUCATION ON A NONDISCRIMINATORY BASIS TO A STUDENT BODY OF APPROXIMATELY 325 STUDENTS. STUDENT ACTIVITIES: THE FOUNDATION PROVIDES STUDENTS THE OPPORTUNITIES TO PARTICIPATE IN THE NORMAL EXTRACIRRICULAR ACTIVITIES SUCH AS SPORTS, CHEERLEADING, BAND, ANNUAL STAFF, STUDENT GOVERNMENT, AND THE LIKE. THE ACTIVITIES ARE DONE ON A NONDISCRIMNATORY BASIS.Expenses $3,337,575
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
- 64-0435452
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1992
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N41I)
- Assets (IRS master file)
- $5,020,780
- Income (IRS master file)
- $3,828,482
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $3,828,482 | $3,849,348 | $5,020,780 | XML |
| 990 | June 2024 | $3,589,489 | $3,643,983 | $5,113,925 | XML |
| 990 | June 2023 | $3,392,958 | $2,913,868 | $3,228,201 | XML |
| 990 | June 2022 | – | – | – | 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 64-0435452).
Questions about CANTON ACADEMIC FOUNDATION INC
- What is the EIN of CANTON ACADEMIC FOUNDATION INC?
- The employer identification number (EIN) of CANTON ACADEMIC FOUNDATION INC is 64-0435452.
- Is CANTON ACADEMIC FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
- Are donations to CANTON ACADEMIC FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CANTON ACADEMIC 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 CANTON ACADEMIC FOUNDATION 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 CANTON ACADEMIC FOUNDATION 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 CANTON ACADEMIC FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names DANIEL S SPIVEY.
- Who are the officers and directors of CANTON ACADEMIC FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does CANTON ACADEMIC FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $3,828,482, expenses of $3,849,348 and total assets of $5,020,780 at year end.
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All nonprofits in CANTON · Mississippi · Recreation and sports