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Nonprofit · EIN 64-0689319

INSTITUTE FOR TECHNOLOGY DEVELOPMENT INC

Tax-exempt · RIDGELAND, MS 39157

Financials

$457K$576K2022$2.2M$614K2023$1M$618K2024
Revenue Expenses · by fiscal year end
Financials of INSTITUTE FOR TECHNOLOGY DEVELOPMENT INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990-PF$1,013,672$617,979$395,693$6,632,563$1,301$6,631,262
September 30, 2024990-PF$2,198,424$613,844$1,584,580$7,943,282$2,229$7,941,053
September 30, 2023990-PF$457,016$576,437-$119,421$6,200,859$1,914$6,198,945
Financial details: 990-PF for the year ended September 30, 2025

Revenue

Dividends
$154,954
Interest
$89
Net gain from sales of assets
$858,629

Expenses

Grants and similar amounts paid
$275,000
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$25,420
Disbursements for charitable purposes
$495,829
Excise tax on investment income
$13,313

Balance sheet and other

Total assets, start of year
$7,943,282
Total assets, end of year
$6,632,563
Total liabilities, end of year
$1,301
Net assets, end of year
$6,631,262
Fair market value of assets
$8,255,287
Qualifying distributions
$495,829
Net investment income
$1,013,672

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-PF for the year ended September 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
JENNIFER BURRELL-ROLLINS
272 HIDDEN HILLS PKWY, BRANDON, MS 39047
ADMINSTRATOR
Highest-paid employee
40$85,680
J KELLEY WILLIAMS
750 WOODLANDS PKWY SUITE 201, RIDGELAND, MS 39157
CHAIRMAN0.3$0
ASHBY FOOTE III
750 WOODLANDS PKWY SUITE 201, RIDGELAND, MS 39157
PRESIDENT0.3$0
BRUCE DEER
750 WOODLANDS PKWY SUITE 201, RIDGELAND, MS 39157
VICE PRESIDENT0.3$0
KELLEY WILLIAMS JR
750 WOODLANDS PKWY SUITE 201, RIDGELAND, MS 39157
TREASURER & SECRETARY0.3$0
990-PF for the year ended September 30, 2024: 5 people
NameTitleHours / weekCompensation
JENNIFER BURRELL-ROLLINS
272 HIDDEN HILLS PKWY, BRANDON, MS 39047
ADMINISTRATOR
Highest-paid employee
40$81,600
J KELLEY WILLIAMS
750 WOODLANDS PKWY SUITE 201, RIDGELAND, MS 39157
CHAIRMAN0.3$0
ASHBY FOOTE III
750 WOODLANDS PKWY SUITE 201, RIDGELAND, MS 39157
PRESIDENT0.3$0
BRUCE DEER
750 WOODLANDS PKWY SUITE 201, RIDGELAND, MS 39157
VICE PRESIDENT0.3$0
KELLEY WILLIAMS JR
750 WOODLANDS PKWY SUITE 201, RIDGELAND, MS 39157
TREASURER & SECRETARY0.3$0
990-PF for the year ended September 30, 2023: 4 people
NameTitleHours / weekCompensation
ASHBY FOOTE III
750 WOODLANDS PKWY SUITE 201, RIDGELAND, MS 39157
PRESIDENT0.3$0
BRUCE DEER
101 WATERFORD LANE, MADISON, MS 39110
VICE PRESIDENT0.3$0
J KELLEY WILLIAMS
750 WOODLANDS PKWY SUITE 201, RIDGELAND, MS 39157
TREASURER & SECRETARY0.3$0
CHARLES GRAYSON END DATE 91123
PO BOX 5988, BRANDON, MS 39047
SECRETARY0.3$0

Address and contacts

Address (IRS master file)
750 WOODLANDS PKWY STE 201, RIDGELAND, MS 39157-5222
In care of
% KEITH PARSONS
Signed the 990-PF
ASHBY FOOTE III, PRESIDENT
Phone
(601) 427-9311
Return prepared by
BMSS LLC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 15, 2027Not due yet
2024September 30, 2025February 16, 2026990-PF on file
2023September 30, 2024February 17, 2025990-PF on file

IRS record

EIN
64-0689319
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1985
Accounting year ends
September
Files
Form 990-PF
Assets (IRS master file)
$6,632,563
Income (IRS master file)
$4,653,444

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFSeptember 2025$1,013,672$617,979$6,632,563XML
990-PFSeptember 2024$2,198,424$613,844$7,943,282XML
990-PFSeptember 2023$457,016$576,437$6,200,859XML
990-PFSeptember 2022–––IRS
990-PFSeptember 2021–––IRS
990-PFSeptember 2020–––IRS
990-PFSeptember 2019–––IRS
990-PFSeptember 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 64-0689319).

Questions about INSTITUTE FOR TECHNOLOGY DEVELOPMENT INC

What is the EIN of INSTITUTE FOR TECHNOLOGY DEVELOPMENT INC?
The employer identification number (EIN) of INSTITUTE FOR TECHNOLOGY DEVELOPMENT INC is 64-0689319.
Is INSTITUTE FOR TECHNOLOGY DEVELOPMENT INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1985.
Are donations to INSTITUTE FOR TECHNOLOGY DEVELOPMENT INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does INSTITUTE FOR TECHNOLOGY DEVELOPMENT INC file?
Form 990-PF. Private foundations file every year.
When is the next return of INSTITUTE FOR TECHNOLOGY DEVELOPMENT INC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did INSTITUTE FOR TECHNOLOGY DEVELOPMENT INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended September 2025.
Who are the officers and directors of INSTITUTE FOR TECHNOLOGY DEVELOPMENT INC?
The 990-PF for the year ended September 30, 2025 lists 5 people; 1 received compensation from the organization, the highest $85,680 (JENNIFER BURRELL-ROLLINS, ADMINSTRATOR).
How much revenue does INSTITUTE FOR TECHNOLOGY DEVELOPMENT INC have?
On its 990-PF for the year ended September 30, 2025 it reported revenue of $1,013,672, expenses of $617,979 and total assets of $6,632,563 at year end.

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