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Nonprofit · EIN 81-2525445

PAUL BRASSFIELD FOUNDATION INC

Tax-exempt · HILL CITY, KS 67642

Financials

$147K$201K2022$139K$177K2023$15K$197K2024−$69K$210K2025
Revenue Expenses · by fiscal year end
Financials of PAUL BRASSFIELD FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF-$69,314$210,291-$279,605$4,155,866$1,123$4,154,743
December 31, 2024990-PF$15,207$196,504-$181,297$4,465,471$31,123$4,434,348
December 31, 2023990-PF$139,207$176,656-$37,449$4,618,957$1,123$4,617,834
December 31, 2022990-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.

NameTitleHours / weekCompensation
DEXTER POTTER
504 W HILL STREET, HILL CITY, KS 67642
PRESIDENT25$50,013
990-PF for the year ended December 31, 2024: 1 people
NameTitleHours / weekCompensation
DEXTER POTTER
504 W HILL STREET, HILL CITY, KS 67642
PRESIDENT25$50,013
990-PF for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
DEXTER POTTER
504 W HILL STREET, HILL CITY, KS 67642
PRESIDENT25$50,013
990-PF for the year ended December 31, 2022: 1 people
NameTitleHours / weekCompensation
DEXTER POTTER
504 W HILL STREET, HILL CITY, KS 67642
PRESIDENT25$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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-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
Assets (IRS master file)
$4,155,866
Income (IRS master file)
$541,325

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025-$69,314$210,291$4,155,866XML
990-PFDecember 2024$15,207$196,504$4,465,471XML
990-PFDecember 2023$139,207$176,656$4,618,957XML
990-PFDecember 2022$147,404$201,388$4,666,485XML
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-TDecember 2020–––IRS
990-PFDecember 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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