Nonprofit · EIN 64-6025738
INDIANOLA EDUCATIONAL FOUNDATION INC
Tax-exempt · INDIANOLA, MS 38751
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $3,585,297 | $3,755,439 | -$170,142 | $8,575,307 | $369,114 | $8,206,193 |
| June 30, 2024 | 990 | $4,072,264 | $3,413,802 | $658,462 | $8,735,696 | $359,361 | $8,376,335 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $554,031
- Program service revenue
- $2,471,489
- Investment income
- $559,777
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $2,337,182
- Salaries, compensation and benefits (total)
- $2,337,182
- Professional fundraising fees
- $0
- Accounting fees
- $19,500
- Occupancy
- $134,364
- Depreciation
- $237,379
- Program services (functional)
- $3,179,431
- Management and general (functional)
- $557,747
- Fundraising (functional)
- $18,261
Balance sheet and other
- Total assets, start of year
- $8,735,696
- Total assets, end of year
- $8,575,307
- Total liabilities, end of year
- $369,114
- Net assets, end of year
- $8,206,193
- Land, buildings and equipment
- $1,891,622
- Net assets without donor restrictions
- $7,095,655
- Net assets with donor restrictions
- $1,110,538
- Gross receipts
- $3,585,297
- Employees
- 62
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 |
|---|---|---|---|
| GREGG THOMPSON | HEADMASTER Key employee | – | $175,162 |
| LAKE BAIRD | PRESIDENT Trustee or director, Officer | – | $0 |
| ROD VEAVEY | VICE PRESIDE Trustee or director, Officer | – | $0 |
| TREY KOGER | SECRETARY Trustee or director, Officer | – | $0 |
| WALKER MANNING | TREASURER Trustee or director, Officer | – | $0 |
| WILL LONG | BOARD MEMBER Trustee or director | – | $0 |
| PEPPER ROBERTS | BOARD MEMBER Trustee or director | – | $0 |
| JESSICA SIMMONS | BOARD MEMBER Trustee or director | – | $0 |
| MATT DOWELL | BOARD MEMBER Trustee or director | – | $0 |
| CASSEY HARDIN | BOARD MEMBER Trustee or director | – | $0 |
| ANGELA WHITE | BOARD MEMBER Trustee or director | – | $0 |
| JEREMY BROWN | BOARD MEMBER Trustee or director | – | $0 |
| JONATHAN DAVIS | BOARD MEMBER Trustee or director | – | $0 |
| JOHN WOOD REED | BOARD MEMBER Trustee or director | – | $0 |
990 for the year ended June 30, 2024: 17 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FREDRICK BARRIER | PRESIDENT Trustee or director, Officer | – | $0 |
| CHIP MOORE | TREASURER Trustee or director, Officer | – | $0 |
| TREY KOGER | SECRETARY Trustee or director, Officer | – | $0 |
| LAKE BAIRD | BOARD MEMBER Trustee or director | – | $0 |
| PEPPER ROBERTS | BOARD MEMBER Trustee or director | – | $0 |
| ROD VEAVEY | BOARD MEMBER Trustee or director | – | $0 |
| BRAD STEVENS | BOARD MEMBER Trustee or director | – | $0 |
| AMY ARRINGTON | BOARD MEMBER Trustee or director | – | $0 |
| CASSIE HARDEN | BOARD MEMBER Trustee or director | – | $0 |
| JESSICA SIMMONS | BOARD MEMBER Trustee or director | – | $0 |
| PAUL TOWNSEND | BOARD MEMBER Trustee or director | – | $0 |
| ANGELA WHITE | BOARD MEMBER Trustee or director | – | $0 |
| GREGG THOMPSON | HEADMASTER Officer | – | $0 |
| JESSICA SIMMONS | BOARD MEMBER Trustee or director | – | $0 |
| JESSICA SIMMONS | BOARD MEMBER Trustee or director | – | $0 |
| MATT DOWELL | BOARD MEMBER Trustee or director | – | $0 |
| WALKER MANNING | BOARD MEMBER Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- 549 DORSETT DR, INDIANOLA, MS 38751-2338
- Principal officer (990 for 2024)
- LAKE BAIRD
- Signed the 990
- GREGG THOMPSON, HEADMASTER
- Phone
- (662) 887-2025
- Website
- WWW.INDIANOLAACADEMY.ORG/
- Return prepared by
- BAIRD & STALLINGS CPAS
Mission
TO PROVIDE EDUCATIONAL INSTRUCTION AND OTHER RELATED OPPORTUNITIES AND SCHOOL ACTIVITIES FOR GRADES PREKINDERGARTEN THRU 12TH GRADE.
Program accomplishments
- THE ORGANIZATION PROVIDED EDUCATIONAL INSTRUCTION AND OTHER RELATED OPPORTUNITIES AND SCHOOL ACTIVITIES FOR PRE-KINDERGARTEN THRU GRADE 12.Expenses $3,179,431 · revenue $2,471,489
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
- 64-6025738
- 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
- 1984
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B24Z)
- Assets (IRS master file)
- $8,575,307
- Income (IRS master file)
- $3,585,297
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $3,585,297 | $3,755,439 | $8,575,307 | IRS |
| 990 | June 2024 | $4,072,264 | $3,413,802 | $8,735,696 | XML |
| 990 | June 2023 | $3,495,464 | $3,154,040 | $8,156,537 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | 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 64-6025738).
Questions about INDIANOLA EDUCATIONAL FOUNDATION INC
- What is the EIN of INDIANOLA EDUCATIONAL FOUNDATION INC?
- The employer identification number (EIN) of INDIANOLA EDUCATIONAL FOUNDATION INC is 64-6025738.
- Is INDIANOLA EDUCATIONAL FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
- Are donations to INDIANOLA EDUCATIONAL FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does INDIANOLA EDUCATIONAL 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 INDIANOLA EDUCATIONAL 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 INDIANOLA EDUCATIONAL 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 INDIANOLA EDUCATIONAL FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names LAKE BAIRD.
- Who are the officers and directors of INDIANOLA EDUCATIONAL FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 14 people; 1 received compensation from the organization, the highest $175,162 (GREGG THOMPSON, HEADMASTER).
- How much revenue does INDIANOLA EDUCATIONAL FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $3,585,297, expenses of $3,755,439 and total assets of $8,575,307 at year end.
Other nonprofits in INDIANOLA
- COMPLETE CARE CHARITIES INC EIN 87-1664161 · last filed 990-N for 2025
- FRIENDS OF THE HENRY M SEYMOUR LIBRARY EIN 47-5328692 · last filed 990-N for 2025
- SUNFLOWER COUNTY CHAPTER ALCORN ALUMNI ASSOCIATION EIN 82-1372900 · last filed 990-N for 2024
- SUNFLOWER COUNTY CHILDCARE ASSOCIATION EIN 27-3114763 · last filed 990-N for 2016
- SOUTH SUNFLOWER COUNTY HOSPITAL FOUNDATION EIN 38-4098233 · last filed 990 for 2025
- SUNFLOWER-HUMPHREYS COUNTIES EIN 64-0432937 · last filed 990 for 2024
- B B KING MUSEUM AND DELTA INTERPRETIVE CENTER EIN 46-0501512 · last filed 990 for 2024
- DELTA HOUSING DEVELOPMENT CORPORATION DHDC EIN 64-0508153 · last filed 990 for 2023