Nonprofit · EIN 81-0856599
LARRY AND JANET CRAIN CHAIRITABLE FOUNDATION
Tax-exempt · LITTLE ROCK, AR 72201
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $125,116 | $144,180 | -$19,064 | $4,382,393 | $0 | $4,382,393 |
| December 31, 2023 | 990-PF | $193,366 | $430,593 | -$237,227 | $5,841,263 | $0 | $5,841,263 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $51
- Dividends
- $107,352
- Interest
- $47,058
- Net gain from sales of assets
- -$29,345
Expenses
- Grants and similar amounts paid
- $27,000
- Compensation of officers, directors and key employees
- $56,000
- Disbursements for charitable purposes
- $57,433
- Excise tax on investment income
- $1,544
Balance sheet and other
- Total assets, start of year
- $5,841,263
- Total assets, end of year
- $4,382,393
- Total liabilities, end of year
- $0
- Net assets, end of year
- $4,382,393
- Fair market value of assets
- $4,442,280
- Qualifying distributions
- $57,433
- Net investment income
- $154,410
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRISTIAN CRAIN 724 GARLAND STREET, LITTLE ROCK, AR 72201 | VICE CHAIRMAN | 1 | $12,000 |
| CARRINGTON PROPES 724 GARLAND STREET, LITTLE ROCK, AR 72201 | TRUSTEE | 1 | $12,000 |
| TERRY PARROTT 724 GARLAND STREET, LITTLE ROCK, AR 72201 | TRUSTEE | 1 | $12,000 |
| STUART DALRYMPLE 724 GARLAND STREET, LITTLE ROCK, AR 72201 | TRUSTEE | 1 | $12,000 |
| DAREK BRAUNECKER 724 GARLAND STREET, LITTLE ROCK, AR 72201 | TRUSTEE | 1 | $10,000 |
| CHARLES SKIP DAVIDSON 724 GARLAND STREET, LITTLE ROCK, AR 72201 | CHAIRMAN | 1 | $0 |
| STEAVE MILLER 724 GARLAND STREET, LITTLE ROCK, AR 72201 | TRUSTEE | 1 | $0 |
| JIM HOYT 724 GARLAND STREET, LITTLE ROCK, AR 72201 | TRUSTEE | 1 | $0 |
990-PF for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHARLES SKIP DAVIDSON 724 GARLAND STREET, LITTLE ROCK, AR 72201 | CHAIRMAN | 1 | $0 |
| CHRISTIAN CRAIN 1 CHENAL VILLAGE CIRCLE, LITTLE ROCK, AR 72223 | VICE CHAIRMAN | 1 | $0 |
| STUART DALRYMPLE 1560 W BEEBE CAPPS, SEARCY, AR 72143 | TRUSTEE | 1 | $0 |
| CARRINGTON CRAIN PROPES 1 CHENAL VILLAGE CIRCLE, LITTLE ROCK, AR 72223 | TRUSTEE | 1 | $0 |
| TERRY PARROT 215 HERMITAGE DRIVE, SEARCY, AR 72143 | TRUSTEE | 1 | $0 |
| JIM HOYT 5980 WADLEY ROAD, SHERWOOD, AR 72120 | TRUSTEE | 1 | $0 |
| DAREK BRAUNECKER 1123 WEST THIRD STREET, LITTLE ROCK, AR 72201 | TRUSTEE | 1 | $0 |
| STEAVE MILLER 1309 E RACE AVE, SEARCY, AR 72143 | TRUSTEE | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 724 GARLAND ST, LITTLE ROCK, AR 72201-1313
- In care of
- % LARRY CRAIN
- Signed the 990-PF
- CHRISTIAN CRAIN, CHAIRMAN
- Phone
- (501) 374-9977
- Return prepared by
- CROWE LLP
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 | Not 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
- 81-0856599
- 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
- 2017
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $4,382,393
- Income (IRS master file)
- $827,321
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $125,116 | $144,180 | $4,382,393 | IRS |
| 990-PF | December 2023 | $193,366 | $430,593 | $5,841,263 | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2017 | – | – | – | 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 81-0856599).
Questions about LARRY AND JANET CRAIN CHAIRITABLE FOUNDATION
- What is the EIN of LARRY AND JANET CRAIN CHAIRITABLE FOUNDATION?
- The employer identification number (EIN) of LARRY AND JANET CRAIN CHAIRITABLE FOUNDATION is 81-0856599.
- Is LARRY AND JANET CRAIN CHAIRITABLE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to LARRY AND JANET CRAIN CHAIRITABLE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does LARRY AND JANET CRAIN CHAIRITABLE FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of LARRY AND JANET CRAIN CHAIRITABLE FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LARRY AND JANET CRAIN CHAIRITABLE FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of LARRY AND JANET CRAIN CHAIRITABLE FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 8 people; 5 received compensation from the organization, the highest $12,000 (CHRISTIAN CRAIN, VICE CHAIRMAN).
- How much revenue does LARRY AND JANET CRAIN CHAIRITABLE FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $125,116, expenses of $144,180 and total assets of $4,382,393 at year end.
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