Nonprofit · EIN 81-1135220
NAZARETH FOUNDATION INC
Tax-exempt · COOKEVILLE, TN 38506
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $450,677 | $442,045 | $8,632 | $6,995,246 | $0 | $6,995,246 |
| December 31, 2023 | 990-PF | $152,005 | $397,958 | -$245,953 | $6,986,614 | $0 | $6,986,614 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,513
- Dividends
- $193,173
- Net gain from sales of assets
- $255,991
Expenses
- Grants and similar amounts paid
- $395,000
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $395,000
- Excise tax on investment income
- $5,611
Balance sheet and other
- Total assets, start of year
- $6,986,614
- Total assets, end of year
- $6,995,246
- Total liabilities, end of year
- $0
- Net assets, end of year
- $6,995,246
- Fair market value of assets
- $7,758,128
- Qualifying distributions
- $395,000
- Net investment income
- $449,164
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 |
|---|---|---|---|
| BRUCE BARSUMIAN 3416 PHILLIPS CEMETERY ROAD UNIT A, COOKEVILLE, TN 38506 | PRESIDENT/DIRECTOR | 0 | $0 |
| KENNAN BARSUMIAN 3416 PHILLIPS CEMETERY ROAD UNIT A, COOKEVILLE, TN 38506 | DIRECTOR | 0 | $0 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRUCE BARSUMIAN 3416 PHILLIPS CEMETERY ROAD UNIT A, COOKEVILLE, TN 38506 | PRESIDENT/DIRECTOR | 0 | $0 |
| KENNAN BARSUMIAN 3416 PHILLIPS CEMETERY ROAD UNIT A, COOKEVILLE, TN 38506 | DIRECTOR | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 3416 PHILLIPS CEMETERY RD UNIT A, COOKEVILLE, TN 38506-7530
- In care of
- % BRUCE R BARSUMIAN
- Signed the 990-PF
- BRUCE BARSUMIAN, PRESIDENT
- Phone
- (931) 261-0174
- Return prepared by
- JOHNSON HICKEY & MURCHISON PC
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
- 81-1135220
- 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)
- $6,995,246
- Income (IRS master file)
- $1,940,624
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $450,677 | $442,045 | $6,995,246 | IRS |
| 990-PF | December 2023 | $152,005 | $397,958 | $6,986,614 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 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 81-1135220).
Questions about NAZARETH FOUNDATION INC
- What is the EIN of NAZARETH FOUNDATION INC?
- The employer identification number (EIN) of NAZARETH FOUNDATION INC is 81-1135220.
- Is NAZARETH FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to NAZARETH FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does NAZARETH FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of NAZARETH FOUNDATION INC 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 NAZARETH FOUNDATION INC 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 NAZARETH FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
- How much revenue does NAZARETH FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $450,677, expenses of $442,045 and total assets of $6,995,246 at year end.
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