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Nonprofit · EIN 71-0779824

ADC LEGACY FOUNDATION

Tax-exempt · ROGERS, AR 72756

Financials

$371K$93K2023$3.3M$207K2024
Revenue Expenses · by fiscal year end
Financials of ADC LEGACY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$3,295,130$207,333$3,087,797$3,527,283$0$3,527,283
June 30, 2024990$370,931$92,957$277,974$456,741$0$456,741
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$3,228,095
Program service revenue
$0
Investment income
$191,762
Net income from fundraising events
-$124,727
Other revenue
-$124,727

Expenses

Grants and similar amounts paid
$106,522
Other salaries and wages
$80,229
Salaries, compensation and benefits (total)
$80,229
Professional fundraising fees
$0
Depreciation
$694
Program services (functional)
$106,522
Fundraising (functional)
$100,811

Balance sheet and other

Total assets, start of year
$456,741
Total assets, end of year
$3,527,283
Total liabilities, end of year
$0
Net assets, end of year
$3,527,283
Land, buildings and equipment
$926
Publicly traded securities
$3,364,255
Net assets without donor restrictions
$3,527,283
Gross receipts
$3,419,857
Employees
0
Year formed
1995
State of legal domicile
AR

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.

NameTitleHours / weekCompensation
BRUCE GILLESPIESECRETARY
Trustee or director, Officer
1$0
ALLIE HAZELWOODDIRECTOR
Trustee or director
1$0
AMANDA HERRIMANDIRECTOR
Trustee or director
1$0
CAMERON JERNIGANCHAIRMAN
Trustee or director, Officer
1$0
SHELBY A HEFLIN JRVICE CHAIRMA
Trustee or director, Officer
1$0
STEPHANIE LINKDIRECTOR
Trustee or director
1$0
TYLER MAJORSDIRECTOR
Trustee or director
1$0
BRANDY NEWHOFTREASURER
Trustee or director, Officer
1$0
PAUL SHERMANDIRECTOR
Trustee or director
1$0
TIONIE SMITHDIRECTOR
Trustee or director
1$0
TANYA WILSONDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2024: 10 people
NameTitleHours / weekCompensation
JOSEPH BERT EDENSDIRECTOR
Trustee or director
1$0
BRUCE GILLESPIESECRETARY
Trustee or director, Officer
1$0
AMANDA HERRIMANDIRECTOR
Trustee or director
1$0
CAMERON JERNIGANCHAIRMAN
Trustee or director, Officer
1$0
SHELBY A HEFLIN JRVICE CHAIRMA
Trustee or director, Officer
1$0
TYLER MAJORSDIRECTOR
Trustee or director
1$0
BRANDY NEWHOFTREASURER
Trustee or director, Officer
1$0
TIONIE SMITHDIRECTOR
Trustee or director
1$0
MALIA STRATTONDIRECTOR
Trustee or director
1$0
TANYA WILSONDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
2202 N 24TH ST, ROGERS, AR 72756-2304
In care of
% ALLISON A MCELROY
Principal officer (990 for 2024)
JACOB SHEATSLEY, 2202 N 24TH STREET, ROGERS, AR 72756
Signed the 990
JACOB SHEATSLEY, EXECUTIVE DIRECTOR
Phone
(479) 636-5082
Return prepared by
PRZ CPAS & ADVISORS

Mission

TO RAISE FUNDS FOR A RELATED COMPANY, THE ADULT DEVELOPMENT CENTER OF BENTON COUNTY, INC A.K.A OPEN AVENUES (71-0464424), ANOTHER NON-PROFIT ORGANIZATION THAT IS EXEMPT UNDER 501 (C) (3)

990 for the year ended June 30, 2025

Program accomplishments

  • TO RAISE FUNDS FOR A RELATED COMPANY, THE ADULT DEVELOPMENT CENTER OF BENTON COUNTY, INC A.K.A OPEN AVENUES (71-0464424), ANOTHER NON-PROFIT ORGANIZATION THAT IS EXEMPT UNDER 501 (C) (3). OPEN AVENUES PROGRAM SERVICE ACCOMPLISHMENTS INCLUDE THE EVALUATION, TRAINING AND PLAVEMENT OF INDIVIDUALS WITH DISABILITIES.
    Expenses $106,522 · grants $106,522

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
71-0779824
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1996
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,527,283
Income (IRS master file)
$3,419,857

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$3,295,130$207,333$3,527,283XML
990June 2024$370,931$92,957$456,741XML
990June 2023$352,323$332,093$171,360IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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 71-0779824).

Questions about ADC LEGACY FOUNDATION

What is the EIN of ADC LEGACY FOUNDATION?
The employer identification number (EIN) of ADC LEGACY FOUNDATION is 71-0779824.
Is ADC LEGACY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
Are donations to ADC LEGACY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ADC LEGACY FOUNDATION 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 ADC LEGACY FOUNDATION 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 ADC LEGACY FOUNDATION 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 ADC LEGACY FOUNDATION?
The 990 for the year ended June 30, 2025 names JACOB SHEATSLEY.
Who are the officers and directors of ADC LEGACY FOUNDATION?
The 990 for the year ended June 30, 2025 lists 11 people; 0 received compensation from the organization.
How much revenue does ADC LEGACY FOUNDATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $3,295,130, expenses of $207,333 and total assets of $3,527,283 at year end.

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