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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 85-0463051

ASAC FOUNDATION

Tax-exempt · N CHESTERFLD, VA 23236

Financials

$49K$30K2023$39K$50K2024
Revenue Expenses · by fiscal year end
Financials of ASAC FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$38,554$50,409-$11,855$1,495,065$0$1,495,065
December 31, 2023990$48,646$30,028$18,618$1,327,121$0$1,327,121
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$10,575
Program service revenue
$0
Investment income
$27,979
Other revenue
$0

Expenses

Grants and similar amounts paid
$36,594
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$2,000
Program services (functional)
$36,594
Management and general (functional)
$13,815

Balance sheet and other

Total assets, start of year
$1,327,121
Total assets, end of year
$1,495,065
Total liabilities, end of year
$0
Net assets, end of year
$1,495,065
Publicly traded securities
$1,452,852
Net assets without donor restrictions
$1,495,065
Gross receipts
$38,554
Employees
0
Year formed
1999
State of legal domicile
VA

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.

NameTitleHours / weekCompensation
STEPHEN ANDREWSDIRECTOR
Trustee or director
1$0
CRAIG D BELLPRESIDENT
Trustee or director, Officer
3$0
ALLAN D CORSDIRECTOR
Trustee or director
1$0
CHARLES W WHEELER JRTREASURER
Trustee or director, Officer
3$0
DAVID PRAWDZIKDIRECTOR
Trustee or director
1$0
VINCENT RAUSCHDIRECTOR
Trustee or director
1$0
ROBERT SADLERDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
STEPHEN ANDREWSDIRECTOR
Trustee or director
1$0
CRAIG D BELLPRESIDENT
Trustee or director, Officer
3$0
ALLAN D CORSDIRECTOR
Trustee or director
1$0
CHARLES W WHEELER JRTREASURER
Trustee or director, Officer
3$0
DAVID PRAWDZIKDIRECTOR
Trustee or director
1$0
VINCENT RAUSCHDIRECTOR
Trustee or director
1$0
ROBERT SADLERDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
9703 STEMWELL PL, N CHESTERFLD, VA 23236-1583
In care of
% J WILLIAM LARUE
Principal officer (990 for 2024)
CHARLES W WHEELER JR, PO BOX 460, SARATOGA SPRINGS, NY 12866
Signed the 990
CHARLES W WHEELER JR, TREASURER
Phone
(518) 584-1065
Return prepared by
FREDETTE SANKOWSKI WOODCOCK & COMPANY

Mission

TO OPERATE AND ACT EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL AND LITERARY PURPOSES

990 for the year ended December 31, 2024

Program accomplishments

  • TO FURTHER THE STUDY AND PRESERVATION OF GUNS AND ARMS
    Expenses $36,594 · grants $36,594

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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 on file
2023December 31, 2023May 15, 2024990 on file

File the 2025 990-N for ASAC FOUNDATION

Due May 15, 2026 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
85-0463051
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2004
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Human services (P99)
Assets (IRS master file)
$1,495,065
Income (IRS master file)
$38,554

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$38,554$50,409$1,495,065IRS
990December 2023$48,646$30,028$1,327,121XML
990December 2022$34,302$44,132$1,123,058IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 85-0463051).

Questions about ASAC FOUNDATION

What is the EIN of ASAC FOUNDATION?
The employer identification number (EIN) of ASAC FOUNDATION is 85-0463051.
Is ASAC FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
Are donations to ASAC FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ASAC FOUNDATION file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of ASAC 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 ASAC 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 ASAC FOUNDATION?
The 990 for the year ended December 31, 2024 names CHARLES W WHEELER JR.
Who are the officers and directors of ASAC FOUNDATION?
The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does ASAC FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $38,554, expenses of $50,409 and total assets of $1,495,065 at year end.

Other nonprofits in N CHESTERFLD

All nonprofits in N CHESTERFLD · Virginia · Human services