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Nonprofit · EIN 82-2853726

CB FOUNDATION INC

Tax-exempt · MOBILE, AL 36693

Financials

$1.3M$663K2021$18.5M$2.9M2022$5.1M$988K2023$6.5M$1.9M2024
Revenue Expenses · by fiscal year end
Financials of CB FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2025990-PF$6,471,769$1,945,644$4,526,125$46,734,301$0$46,734,301
August 31, 2024990-PF$5,088,953$988,401$4,100,552$42,208,176$0$42,208,176
August 31, 2023990-PF$18,460,458$2,928,168$15,532,290$38,107,624$0$38,107,624
August 31, 2022990-PF$1,275,153$662,910$612,243$623,488$0$623,488
Financial details: 990-PF for the year ended August 31, 2025

Revenue

Contributions, gifts and grants
$6,471,769

Expenses

Grants and similar amounts paid
$1,218,600
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$1,218,600

Balance sheet and other

Total assets, start of year
$42,208,176
Total assets, end of year
$46,734,301
Total liabilities, end of year
$0
Net assets, end of year
$46,734,301
Fair market value of assets
$46,734,301
Qualifying distributions
$1,218,600

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 August 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
BRUCE R WAGNER SR
1521 AZALEA RD, MOBILE, AL 36693
BOARD MEMBER1$0
CATHY WAGNER
1521 AZALEA RD, MOBILE, AL 36693
BOARD MEMBER1$0
990-PF for the year ended August 31, 2024: 3 people
NameTitleHours / weekCompensation
BRUCE R WAGNER SR
1521 AZALEA RD, MOBILE, AL 36693
BOARD MEMBER1$0
CATHY WAGNER
1521 AZALEA RD, MOBILE, AL 36693
BOARD MEMBER1$0
MELISSA REYNOLDS FORMER
1521 AZALEA RD, MOBILE, AL 36693
BOARD MEMBER1$0
990-PF for the year ended August 31, 2023: 3 people
NameTitleHours / weekCompensation
BRUCE R WAGNER SR
1521 AZALEA RD, MOBILE, AL 36693
DIRECTOR0$0
CATHY WAGNER
1521 AZALEA RD, MOBILE, AL 36693
DIRECTOR0$0
MELISSA REYNOLDS
1521 AZALEA RD, MOBILE, AL 36693
DIRECTOR0$0
990-PF for the year ended August 31, 2022: 3 people
NameTitleHours / weekCompensation
BRUCE R WAGNER SR
1521 AZALEA RD, MOBILE, AL 36693
DIRECTOR0$0
CATHY WAGNER
1521 AZALEA RD, MOBILE, AL 36693
DIRECTOR0$0
MELISSA REYNOLDS
1521 AZALEA RD, MOBILE, AL 36693
DIRECTOR0$0

Address and contacts

Address (IRS master file)
1521 AZALEA RD, MOBILE, AL 36693-5219
Signed the 990-PF
BRUCE R WAGNER SR, BOARD MEMBER
Phone
(251) 660-8500
Return prepared by
MCDERMOTT & SMITH 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 August, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025August 31, 2026January 15, 2027Not due yet
2024August 31, 2025January 15, 2026990-PF on file
2023August 31, 2024January 15, 2025990-PF on file

IRS record

EIN
82-2853726
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
August
Files
Form 990-PF
Assets (IRS master file)
$46,734,301
Income (IRS master file)
$6,471,769

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFAugust 2025$6,471,769$1,945,644$46,734,301XML
990-PFAugust 2024$5,088,953$988,401$42,208,176XML
990-PFAugust 2023$18,460,458$2,928,168$38,107,624XML
990-PFAugust 2022$1,275,153$662,910$623,488XML
990-PFAugust 2021–––IRS
990-PFAugust 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 82-2853726).

Questions about CB FOUNDATION INC

What is the EIN of CB FOUNDATION INC?
The employer identification number (EIN) of CB FOUNDATION INC is 82-2853726.
Is CB FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to CB FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does CB FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of CB FOUNDATION INC due?
The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CB FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended August 2025.
Who are the officers and directors of CB FOUNDATION INC?
The 990-PF for the year ended August 31, 2025 lists 2 people; 0 received compensation from the organization.
How much revenue does CB FOUNDATION INC have?
On its 990-PF for the year ended August 31, 2025 it reported revenue of $6,471,769, expenses of $1,945,644 and total assets of $46,734,301 at year end.

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