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Nonprofit · EIN 81-4644069

CRASS FOUNDATION INC

Tax-exempt · DENVER, NC 28037

Financials

$19K$43K2023$20K$36K2024$17K$34K2025
Revenue Expenses · by fiscal year end
Financials of CRASS FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$16,846$33,931-$17,085$815,750$0$815,750
December 31, 2024990-PF$20,319$36,165-$15,846$816,435$0$816,435
December 31, 2023990-PF$19,268$42,998-$23,730$816,339$0$816,339
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$100
Dividends
$16,746

Expenses

Grants and similar amounts paid
$33,650
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$33,650
Excise tax on investment income
$233

Balance sheet and other

Total assets, start of year
$816,435
Total assets, end of year
$815,750
Total liabilities, end of year
$0
Net assets, end of year
$815,750
Fair market value of assets
$815,750
Qualifying distributions
$33,650
Net investment income
$16,746

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
STEPHEN CRASS
7816 BLADES TRAIL, DENVER, NC 28037
DIRECTOR0$0
DARLA CRASS
7816 BLADES TRAIL, DENVER, NC 28037
DIRECTOR0$0
990-PF for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
NATHAN HEARNS
7816 BLADES TRAIL, DENVER, NC 28037
DIRECTOR0$0
SHEA MCCONAHAY
7816 BLADES TRAIL, DENVER, NC 28037
DIRECTOR0$0
STEPHEN CRASS
7816 BLADES TRAIL, DENVER, NC 28037
PRESIDENT0$0
DARLA CRASS
7816 BLADES TRAIL, DENVER, NC 28037
VICE PRESIDENT0$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
NATHAN HEARNS
7816 BLADES TRAIL, DENVER, NC 28037
DIRECTOR0$0
SHEA MCCONAHAY
7816 BLADES TRAIL, DENVER, NC 28037
DIRECTOR0$0
STEPHEN CRASS
7816 BLADES TRAIL, DENVER, NC 28037
PRESIDENT0$0
DARLA CRASS
7816 BLADES TRAIL, DENVER, NC 28037
VICE PRESIDENT0$0

Address and contacts

Address (IRS master file)
7816 BLADES TRL, DENVER, NC 28037-9149
Signed the 990-PF
STEPHEN CRASS, PRESIDENT
Phone
(800) 519-5667
Return prepared by
VANCE FLOUHOUSE & GARGES PLLC

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
81-4644069
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)
$815,750
Income (IRS master file)
$16,846

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$16,846$33,931$815,750XML
990-PFDecember 2024$20,319$36,165$816,435IRS
990-PFDecember 2023$19,268$42,998$816,339XML
990-PFDecember 2022–––IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about CRASS FOUNDATION INC

What is the EIN of CRASS FOUNDATION INC?
The employer identification number (EIN) of CRASS FOUNDATION INC is 81-4644069.
Is CRASS FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
Are donations to CRASS FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does CRASS FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of CRASS 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 CRASS 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 CRASS FOUNDATION INC?
The 990-PF for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
How much revenue does CRASS FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $16,846, expenses of $33,931 and total assets of $815,750 at year end.

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