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Nonprofit · EIN 85-0347084

SACRAMENTO MOUNTAIN SCHOLARSHIP FUND

Tax-exempt · ARTESIA, NM 88211

Financials

$2.1M$59K2023$230K$102K2024
Revenue Expenses · by fiscal year end
Financials of SACRAMENTO MOUNTAIN SCHOLARSHIP FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$229,842$102,437$127,405$3,143,088$0$3,143,088
December 31, 2023990-PF$2,098,654$59,088$2,039,566$3,015,672$0$3,015,672
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Dividends
$139,508
Net gain from sales of assets
$55,365
Other income
$34,969

Expenses

Grants and similar amounts paid
$51,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$89,774
Excise tax on investment income
$3,037

Balance sheet and other

Total assets, start of year
$3,015,672
Total assets, end of year
$3,143,088
Total liabilities, end of year
$0
Net assets, end of year
$3,143,088
Fair market value of assets
$3,253,044
Qualifying distributions
$89,774
Net investment income
$229,842

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.

NameTitleHours / weekCompensation
YVONNE PALMER
PO BOX 100, ARTESIA, NM 88211
TRUSTEE1$0
990-PF for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
JIMMY NAYLOR
PO BOX 100, ARTESIA, NM 88211
TRUSTEE1$0

Address and contacts

Address (IRS master file)
PO BOX 100, ARTESIA, NM 88211-0100
Signed the 990-PF
JIMMY NAYLOR, PRESIDENT/CEO/TRUSTEE
Phone
(575) 810-6277
Return prepared by
SPROLES WOODARD LLP

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, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
85-0347084
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
1996
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$3,143,088
Income (IRS master file)
$4,414,724

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$229,842$102,437$3,143,088XML
990-PFDecember 2023$2,098,654$59,088$3,015,672XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS
990-PFDecember 2017–––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 85-0347084).

Questions about SACRAMENTO MOUNTAIN SCHOLARSHIP FUND

What is the EIN of SACRAMENTO MOUNTAIN SCHOLARSHIP FUND?
The employer identification number (EIN) of SACRAMENTO MOUNTAIN SCHOLARSHIP FUND is 85-0347084.
Is SACRAMENTO MOUNTAIN SCHOLARSHIP FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
Are donations to SACRAMENTO MOUNTAIN SCHOLARSHIP FUND tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does SACRAMENTO MOUNTAIN SCHOLARSHIP FUND file?
Form 990-PF. Private foundations file every year.
When is the next return of SACRAMENTO MOUNTAIN SCHOLARSHIP FUND 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 SACRAMENTO MOUNTAIN SCHOLARSHIP FUND 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 SACRAMENTO MOUNTAIN SCHOLARSHIP FUND?
The 990-PF for the year ended December 31, 2024 lists 1 person; 0 received compensation from the organization.
How much revenue does SACRAMENTO MOUNTAIN SCHOLARSHIP FUND have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $229,842, expenses of $102,437 and total assets of $3,143,088 at year end.

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