Nonprofit · EIN 72-1397322
SALT AND LIGHT FOUNDATION
Tax-exempt · TUPELO, MS 38804
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $123,644 | $288,293 | -$164,649 | $2,405,397 | $0 | $2,405,397 |
| December 31, 2024 | 990-PF | $157,938 | $310,800 | -$152,862 | $2,562,449 | $0 | $2,562,449 |
| December 31, 2023 | 990-PF | $56,966 | $287,096 | -$230,130 | $2,715,311 | $0 | $2,715,311 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $55,214
- Interest
- $727
- Net gain from sales of assets
- $67,703
Expenses
- Grants and similar amounts paid
- $285,000
- Excise tax on investment income
- $1,719
Balance sheet and other
- Total assets, start of year
- $2,570,046
- Total assets, end of year
- $2,405,397
- Total liabilities, end of year
- $0
- Net assets, end of year
- $2,405,397
- Fair market value of assets
- $3,519,758
- Net investment income
- $123,644
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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SAM POTTS 2654 Parc Monceau Dr E, Tupelo, MS 38804 | PRESIDENT | 2 | $0 |
| JENNIFER P WHITE 1604 PEBBLE DRIVE, GREENSBORO, NC 27410 | V. PRESIDENT | 1 | $0 |
| CHRIS B POTTS 2654 Parc Monceau Dr E, Tupelo, MS 38804 | SEC./TREAS. | 1 | $0 |
990-PF for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SAM POTTS 2654 Parc Monceau Dr E, Tupelo, MS 38804 | PRESIDENT | 2 | $0 |
| JENNIFER P WHITE 1604 PEBBLE DRIVE, GREENSBORO, NC 27410 | V. PRESIDENT | 1 | $0 |
| CHRIS B POTTS 2654 Parc Monceau Dr E, Tupelo, MS 38804 | SEC./TREAS. | 1 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SAM POTTS 215 EVERGREEN DRIVE, KOSCIUSKO, MS 39090 | PRESIDENT | 2 | $0 |
| JENNIFER P WHITE 1604 PEBBLE DRIVE, GREENSBORO, NC 27410 | V. PRESIDENT | 1 | $0 |
| CHRIS B POTTS 215 EVERGREEN DRIVE, KOSCIUSKO, MS 39090 | SEC./TREAS. | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 2654 PARC MONCEAU DR E, TUPELO, MS 38804-1011
- In care of
- % SAM POTTS M & F BANK
- Signed the 990-PF
- SAM B POTTS, PRESIDENT
- Phone
- (662) 289-8545
- Return prepared by
- Goss CPA PLLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. 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 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 72-1397322
- 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
- 1997
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20Z)
- Assets (IRS master file)
- $2,405,397
- Income (IRS master file)
- $537,923
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $123,644 | $288,293 | $2,405,397 | IRS |
| 990-PF | December 2024 | $157,938 | $310,800 | $2,562,449 | IRS |
| 990-PF | December 2023 | $56,966 | $287,096 | $2,715,311 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | 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 72-1397322).
Questions about SALT AND LIGHT FOUNDATION
- What is the EIN of SALT AND LIGHT FOUNDATION?
- The employer identification number (EIN) of SALT AND LIGHT FOUNDATION is 72-1397322.
- Is SALT AND LIGHT FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
- Are donations to SALT AND LIGHT FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does SALT AND LIGHT FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of SALT AND LIGHT FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SALT AND LIGHT FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of SALT AND LIGHT FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does SALT AND LIGHT FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $123,644, expenses of $288,293 and total assets of $2,405,397 at year end.
Other nonprofits in TUPELO
- CREATE FOUNDATION INC EIN 23-7248582 · last filed 990 for 2025
- BREVARD FAMILY FOUNDATION EIN 64-0886776 · last filed 990-PF for 2024
- OAKWOOD FOUNDATION CHARITABLE TR EIN 64-0858879 · last filed 990-PF for 2024
- CADENCE BANK FOUNDATION EIN 64-6217237 · last filed 990-PF for 2024
- UNITED WAY OF NORTHEAST MISSISSIPPI INC EIN 64-0392972 · last filed 990 for 2025
- POWELL FOUNDATION INC EIN 37-1873776 · last filed 990-PF for 2024
- HENRY MIZE CHARITABLE FOUNDATION INC EIN 20-0564747 · last filed 990 for 2024
- CARL AND JESSIE SUMMERS SCHOLARSHIP FUND EIN 20-3919247 · last filed 990-PF for 2025
All nonprofits in TUPELO · Mississippi · Philanthropy, voluntarism and grantmaking foundations