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Nonprofit · EIN 81-4538554

HARGIS FOUNDATION INC

Tax-exempt · RUSSELLVILLE, KY 42276

Financials

$448K$162K2023$214K$247K2024
Revenue Expenses · by fiscal year end
Financials of HARGIS FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$213,835$247,150-$33,315$1,451,822$0$1,451,822
December 31, 2023990-PF$448,070$161,973$286,097$1,485,137$0$1,485,137
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$136,268
Dividends
$5,105
Interest
$44,806
Net gain from sales of assets
$1,656
Other income
$26,000

Expenses

Grants and similar amounts paid
$244,860
Disbursements for charitable purposes
$244,860
Excise tax on investment income
$734

Balance sheet and other

Total assets, start of year
$1,485,137
Total assets, end of year
$1,451,822
Total liabilities, end of year
$0
Net assets, end of year
$1,451,822
Fair market value of assets
$1,451,822
Qualifying distributions
$244,860
Net investment income
$52,794

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.

NameTitleHours / weekCompensation
EUGENE HARGIS
PO BOX 263, RUSSELLVILLE, KY 42276
PRESIDENT0$0
DIANE HARGIS
186 N MAIN ST, RUSSELLVILLE, KY 42276
DIRECTOR0$0
MARSHA CROWDER
186 N MAIN ST, RUSSELLVILLE, KY 42276
DIRECTOR0$0
SCOTT CROWDER
186 N MAIN ST, RUSSELLVILE, KY 42276
DIRECTOR0$0
GENA COWAN
186 N MAIN ST, RUSSELLVILLE, KY 42276
DIRECTOR0$0
RODGER COWAN
186 N MAIN ST, RUSSELLVILLE, KY 42276
DIRECTOR0$0
JENNIFER CATES
186 N MAIN ST, RUSSELLVILLE, KY 42276
DIRECTOR0$0
WAYNE CATES
186 N MAIN ST, RUSSELLVILLE, KY 42276
DIRECTOR0$0
PAUL HARGIS
186 N MAIN ST, RUSSELLVILLE, KY 42276
DIRECTOR0$0
JACOB HARGIS
186 N MAIN ST, RUSSELLVILLE, KY 42276
DIRECTOR0$0
LEAH SHOULDERS
186 N MAIN ST, RUSSELLVILLE, KY 42276
DIRECTOR0$0
TIFFANY HARGIS
186 N MAIN ST, RUSSELLVILLE, KY 42276
DIRECTOR0$0
990-PF for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensation
EUGENE HARGIS
PO BOX 263, RUSSELLVILLE, KY 42276
PRESIDENT0$0
DIANE HARGIS
186 N MAIN ST, RUSSELLVILLE, KY 42276
DIRECTOR0$0
MARSHA CROWDER
186 N MAIN ST, RUSSELLVILLE, KY 42276
DIRECTOR0$0
SCOTT CROWDER
186 N MAIN ST, RUSSELLVILE, KY 42276
DIRECTOR0$0
GENA COWAN
186 N MAIN ST, RUSSELLVILLE, KY 42276
DIRECTOR0$0
RODGER COWAN
186 N MAIN ST, RUSSELLVILLE, KY 42276
DIRECTOR0$0
JENNIFER CATES
186 N MAIN ST, RUSSELLVILLE, KY 42276
DIRECTOR0$0
WAYNE CATES
186 N MAIN ST, RUSSELLVILLE, KY 42276
DIRECTOR0$0
PAUL HARGIS
186 N MAIN ST, RUSSELLVILLE, KY 42276
DIRECTOR0$0
JACOB HARGIS
186 N MAIN ST, RUSSELLVILLE, KY 42276
DIRECTOR0$0
LEAH SHOULDERS
186 N MAIN ST, RUSSELLVILLE, KY 42276
DIRECTOR0$0
TIFFANY HARGIS
186 N MAIN ST, RUSSELLVILLE, KY 42276
DIRECTOR0$0

Address and contacts

Address (IRS master file)
PO BOX 263, RUSSELLVILLE, KY 42276-0263
Signed the 990-PF
EUGENE HARGIS, PRESIDENT
Phone
(270) 726-4033
Return prepared by
TAYLOR POLSON & CO PSC

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, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
81-4538554
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
Assets (IRS master file)
$1,451,822
Income (IRS master file)
$259,031

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$213,835$247,150$1,451,822XML
990-PFDecember 2023$448,070$161,973$1,485,137XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 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 81-4538554).

Questions about HARGIS FOUNDATION INC

What is the EIN of HARGIS FOUNDATION INC?
The employer identification number (EIN) of HARGIS FOUNDATION INC is 81-4538554.
Is HARGIS FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
Are donations to HARGIS FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does HARGIS FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of HARGIS 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 HARGIS 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 HARGIS FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 12 people; 0 received compensation from the organization.
How much revenue does HARGIS FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $213,835, expenses of $247,150 and total assets of $1,451,822 at year end.

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