Nonprofit · EIN 84-2260420
ALES FOUNDATION
Tax-exempt · DAVENPORT, IA 52804
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,522,295 | $103 | $1,522,192 | $13,437,454 | $122,299 | $13,315,155 |
| December 31, 2023 | 990 | $289,235 | $8,000 | $281,235 | $11,825,969 | $33,006 | $11,792,963 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,522,295
- of which government grants
- $1,522,295
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $103
Balance sheet and other
- Total assets, start of year
- $11,825,969
- Total assets, end of year
- $13,437,454
- Total liabilities, end of year
- $122,299
- Net assets, end of year
- $13,315,155
- Gross receipts
- $1,522,295
- Employees
- 0
- Volunteers
- 3
- Year formed
- 2019
- State of legal domicile
- IA
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 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRIS ALES | PRESDIENT Officer | – | $0 |
990 for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRIS ALES | PRESDIENT Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- 1101 WEST 9TH STREET, DAVENPORT, IA 52804-3780
- In care of
- % CHRIS ALES
- Mailing address (990-N for 2019)
- 1101 WEST 9TH STREET, DAVENPORT IA 52804
- Principal officer (990 for 2024)
- CHRIS ALES, 1101 WEST 9TH STREET, DAVENPORT, IA 52804
- Principal officer (990-N for 2019)
- CHRIS ALES, 1101 WEST 9TH STREET, DAVENPORT IA 52804
- Signed the 990
- CHRIS ALES, PRESDIENT
- Phone
- (417) 248-0044
- Return prepared by
- ALES PC
Mission
FOSTER DECENT AFFORDABLE HOUSING FOR INDIVIDUALS WITH LOW TO MODERATE INCOME AND AID SUCH INDIVIDUALS IN NEED OF ASSISTANCE WITH EDUCATIONAL NEEDS
Program accomplishments
- FOSTER DECENT AFFORDABLE HOUSING FOR INDIVIDUALS WITH LOW TO MODERATE INCOME AND AID SUCH INDIIDUALS IN NED OF ASSISTANCE WITH EDUCATION EXPENSES.Expenses $103 · revenue $1,522,295
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 84-2260420
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2019
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L20)
- Assets (IRS master file)
- $13,437,454
- Income (IRS master file)
- $1,522,295
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $289,235 | $8,000 | $11,825,969 | IRS |
| 990 | December 2022 | $3,870,775 | $76,997 | $11,536,728 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-N for 2019 Officer: CHRIS ALES | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
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 ALES FOUNDATION
- What is the EIN of ALES FOUNDATION?
- The employer identification number (EIN) of ALES FOUNDATION is 84-2260420.
- Is ALES FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to ALES FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ALES FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ALES FOUNDATION 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 ALES FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of ALES FOUNDATION?
- The 990 for the year ended December 31, 2024 names CHRIS ALES.
- Who are the officers and directors of ALES FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 1 person; 0 received compensation from the organization.
- How much revenue does ALES FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,522,295, expenses of $103 and total assets of $13,437,454 at year end.
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