Nonprofit · EIN 82-3782788
CANNON CHARITABLE FOUNDATION INC
Tax-exempt · FLOWOOD, MS 39232
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $236,132 | $107,936 | $128,196 | $1,008,466 | $0 | $1,008,466 |
| December 31, 2023 | 990-PF | -$3,148 | $104,499 | -$107,647 | $880,270 | $0 | $880,270 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $15,111
- Interest
- $1,593
- Net gain from sales of assets
- $219,428
Expenses
- Grants and similar amounts paid
- $88,000
- Disbursements for charitable purposes
- $88,000
- Excise tax on investment income
- $17
Balance sheet and other
- Total assets, start of year
- $880,270
- Total assets, end of year
- $1,008,466
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,008,466
- Fair market value of assets
- $1,767,820
- Qualifying distributions
- $88,000
- Net investment income
- $16,704
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 B FERRELL JR 1905 COMMUNITY BANK WAY SUITE 200, FLOWOOD, MS 39232 | PRESIDENT | 0 | $0 |
| DORA S FERRELL 1905 COMMUNITY BANK WAY SUITE 200, FLOWOOD, MS 39232 | SECRETARY-TR | 0 | $0 |
| ARTHUR M EDWARDS III 1905 COMMUNITY BANK WAY SUITE 200, FLOWOOD, MS 39232 | ASSISTANT SE | 0 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM B FERRELL JR 1905 COMMUNITY BANK WAY SUITE 200, FLOWOOD, MS 39232 | PRESIDENT | 0 | $0 |
| DORA S FERRELL 1905 COMMUNITY BANK WAY SUITE 200, FLOWOOD, MS 39232 | SECRETARY-TR | 0 | $0 |
| ARTHUR M EDWARDS III 1905 COMMUNITY BANK WAY SUITE 200, FLOWOOD, MS 39232 | ASSISTANT SE | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 1905 COMMUNITY BANK WAY STE 200, FLOWOOD, MS 39232-1249
- Signed the 990-PF
- ARTHUR M EDWARDS III, ASSISTANT SECRETARY
- Phone
- (601) 360-9303
- Return prepared by
- WATKINS WARD AND STAFFORD 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 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
- 82-3782788
- 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
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $1,008,466
- Income (IRS master file)
- $2,344,051
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $236,132 | $107,936 | $1,008,466 | XML |
| 990-PF | December 2023 | -$3,148 | $104,499 | $880,270 | 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 82-3782788).
Questions about CANNON CHARITABLE FOUNDATION INC
- What is the EIN of CANNON CHARITABLE FOUNDATION INC?
- The employer identification number (EIN) of CANNON CHARITABLE FOUNDATION INC is 82-3782788.
- Is CANNON CHARITABLE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to CANNON CHARITABLE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does CANNON CHARITABLE FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of CANNON CHARITABLE 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 CANNON CHARITABLE 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 CANNON CHARITABLE FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does CANNON CHARITABLE FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $236,132, expenses of $107,936 and total assets of $1,008,466 at year end.
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