Nonprofit · EIN 81-2525445
PAUL BRASSFIELD FOUNDATION INC
Tax-exempt · HILL CITY, KS 67642
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | -$69,314 | $210,291 | -$279,605 | $4,155,866 | $1,123 | $4,154,743 |
| December 31, 2024 | 990-PF | $15,207 | $196,504 | -$181,297 | $4,465,471 | $31,123 | $4,434,348 |
| December 31, 2023 | 990-PF | $139,207 | $176,656 | -$37,449 | $4,618,957 | $1,123 | $4,617,834 |
| December 31, 2022 | 990-PF | $147,404 | $201,388 | -$53,984 | $4,666,485 | $1,123 | $4,665,362 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Interest
- $51,127
- Net rental income
- $52,496
- Net gain from sales of assets
- -$194,979
Expenses
- Grants and similar amounts paid
- $125,000
- Compensation of officers, directors and key employees
- $50,013
- Disbursements for charitable purposes
- $182,048
- Excise tax on investment income
- $1,356
Balance sheet and other
- Total assets, start of year
- $4,465,471
- Total assets, end of year
- $4,155,866
- Total liabilities, end of year
- $1,123
- Net assets, end of year
- $4,154,743
- Fair market value of assets
- $3,714,806
- Qualifying distributions
- $182,048
- Net investment income
- $125,665
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 |
|---|---|---|---|
| DEXTER POTTER 504 W HILL STREET, HILL CITY, KS 67642 | PRESIDENT | 25 | $50,013 |
990-PF for the year ended December 31, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DEXTER POTTER 504 W HILL STREET, HILL CITY, KS 67642 | PRESIDENT | 25 | $50,013 |
990-PF for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DEXTER POTTER 504 W HILL STREET, HILL CITY, KS 67642 | PRESIDENT | 25 | $50,013 |
990-PF for the year ended December 31, 2022: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DEXTER POTTER 504 W HILL STREET, HILL CITY, KS 67642 | PRESIDENT | 25 | $50,013 |
Address and contacts
- Address (IRS master file)
- 504 W HILL ST, HILL CITY, KS 67642-1525
- Signed the 990-PF
- DEXTER POTTER, PRESIDENT
- Phone
- (785) 421-8335
- Return prepared by
- ADAMSBROWN LLC
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
- 81-2525445
- 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
- 2019
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $4,155,866
- Income (IRS master file)
- $541,325
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | -$69,314 | $210,291 | $4,155,866 | XML |
| 990-PF | December 2024 | $15,207 | $196,504 | $4,465,471 | XML |
| 990-PF | December 2023 | $139,207 | $176,656 | $4,618,957 | XML |
| 990-PF | December 2022 | $147,404 | $201,388 | $4,666,485 | XML |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-T | 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 81-2525445).
Questions about PAUL BRASSFIELD FOUNDATION INC
- What is the EIN of PAUL BRASSFIELD FOUNDATION INC?
- The employer identification number (EIN) of PAUL BRASSFIELD FOUNDATION INC is 81-2525445.
- Is PAUL BRASSFIELD FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to PAUL BRASSFIELD FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does PAUL BRASSFIELD FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of PAUL BRASSFIELD FOUNDATION INC 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 PAUL BRASSFIELD FOUNDATION INC 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 PAUL BRASSFIELD FOUNDATION INC?
- The 990-PF for the year ended December 31, 2025 lists 1 person; 1 received compensation from the organization, the highest $50,013 (DEXTER POTTER, PRESIDENT).
- How much revenue does PAUL BRASSFIELD FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of -$69,314, expenses of $210,291 and total assets of $4,155,866 at year end.
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