Nonprofit · EIN 82-0554456
FAITH VENTURES FOUNDATION INC
Tax-exempt · CANTON, GA 30115
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $809,627 | $1,292,974 | -$483,347 | $4,403,940 | $0 | $4,403,940 |
| December 31, 2023 | 990-PF | $760,188 | $1,219,320 | -$459,132 | $4,887,287 | $0 | $4,887,287 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $215,500
- Dividends
- $123,685
- Interest
- $2,147
- Net gain from sales of assets
- $465,661
- Other income
- $2,634
Expenses
- Grants and similar amounts paid
- $918,186
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $1,202,962
- Excise tax on investment income
- $7,006
Balance sheet and other
- Total assets, start of year
- $4,887,287
- Total assets, end of year
- $4,403,940
- Total liabilities, end of year
- $0
- Net assets, end of year
- $4,403,940
- Fair market value of assets
- $6,954,614
- Qualifying distributions
- $1,202,962
- Net investment income
- $594,057
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 |
|---|---|---|---|
| WILLIAM M JOHNSON 748 IRON MOUNTAIN ROAD, CANTON, GA 30115 | PRESIDENT/TREASURER | 0 | $0 |
| PHYLLIS B JOHNSON 748 IRON MOUNTAIN ROAD, CANTON, GA 30115 | V. PRESIDENT/SECRETARY | 0 | $0 |
| RUSSELL M JOHNSON 748 IRON MOUNTAIN ROAD, CANTON, GA 30115 | TRUSTEE | 0 | $0 |
| RYAN W JOHNSON 1485 SHADE TREE WAY, ALPHARETTA, GA 30009 | TRUSTEE | 0 | $0 |
| MATTHEW S JOHNSON 6370 PINE HOLLOW DRIVE, EAST LANSING, MI 48823 | TRUSTEE | 0 | $0 |
990-PF for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM M JOHNSON 748 IRON MOUNTAIN ROAD, CANTON, GA 30115 | PRESIDENT/TREASURER | 0 | $0 |
| PHYLLIS B JOHNSON 748 IRON MOUNTAIN ROAD, CANTON, GA 30115 | V. PRESIDENT/SECRETARY | 0 | $0 |
| RUSSELL M JOHNSON 748 IRON MOUNTAIN ROAD, CANTON, GA 30115 | TRUSTEE | 0 | $0 |
| RYAN W JOHNSON 1485 SHADE TREE WAY, ALPHARETTA, GA 30009 | TRUSTEE | 0 | $0 |
| MATTHEW S JOHNSON 6370 PINE HOLLOW DRIVE, EAST LANSING, MI 48823 | TRUSTEE | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 748 IRON MOUNTAIN RD, CANTON, GA 30115-7300
- Signed the 990-PF
- WILLIAM M JOHNSON, PRESIDENT/TREAS
- Phone
- (678) 427-7121
- Return prepared by
- JONES MCKNIGHT & EDMONSON 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
- 82-0554456
- 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
- 2002
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $4,403,940
- Income (IRS master file)
- $2,003,258
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $809,627 | $1,292,974 | $4,403,940 | XML |
| 990-PF | December 2023 | $760,188 | $1,219,320 | $4,887,287 | 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 82-0554456).
Questions about FAITH VENTURES FOUNDATION INC
- What is the EIN of FAITH VENTURES FOUNDATION INC?
- The employer identification number (EIN) of FAITH VENTURES FOUNDATION INC is 82-0554456.
- Is FAITH VENTURES FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to FAITH VENTURES FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does FAITH VENTURES FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of FAITH VENTURES 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 FAITH VENTURES 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 FAITH VENTURES FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does FAITH VENTURES FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $809,627, expenses of $1,292,974 and total assets of $4,403,940 at year end.
Other nonprofits in CANTON
- THE JASON T DICKERSON FAMILY FOUNDATION EIN 81-0890771 · last filed 990-PF for 2025
- THE DOZIER FAMILY FOUNDATION INC EIN 58-2582384 · last filed 990-PF for 2025
- THE ELIZABETH PRICE DOLVIN EIN 30-6092498 · last filed 990-PF for 2024
- THE JIM AND JUDY RYLANDER CHARITABLE FOUNDATION EIN 32-0190508 · last filed 990-PF for 2025
- EPHESIANS 2 10 FOUNDATION EIN 87-1991285 · last filed 990-PF for 2025
- CANTON ROTARY CHARITABLE FUND INC EIN 58-2208305 · last filed 990-EZ for 2025
- WITHIN SIGHT FOUNDATION INC EIN 82-0799431 · last filed 990-PF for 2025
- POBOYS CAR CLUB OF CANTON GA EIN 99-4596539 · last filed 990-N for 2025
All nonprofits in CANTON · Georgia · Philanthropy, voluntarism and grantmaking foundations