Nonprofit · EIN 85-3815233
WALLACE LEGACY FOUNDATION INC
Tax-exempt · MURFREESBORO, TN 37128
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $284,422 | $291,058 | -$6,636 | $27,173 | $0 | $27,173 |
| December 31, 2024 | 990 | $296,343 | $288,236 | $8,107 | $33,809 | $0 | $33,809 |
| December 31, 2023 | 990 | $274,431 | $279,406 | -$4,975 | $25,721 | $19 | $25,702 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $284,298
- Program service revenue
- $0
- Investment income
- $124
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $159,400
- Other salaries and wages
- $21,100
- Salaries, compensation and benefits (total)
- $21,310
- Professional fundraising fees
- $0
- Legal fees
- $350
- Accounting fees
- $18,216
- Travel
- $66,430
- Depreciation
- $112
- Program services (functional)
- $266,689
- Management and general (functional)
- $20,681
- Fundraising (functional)
- $3,688
Balance sheet and other
- Total assets, start of year
- $33,809
- Total assets, end of year
- $27,173
- Total liabilities, end of year
- $0
- Net assets, end of year
- $27,173
- Land, buildings and equipment
- $1,248
- Net assets without donor restrictions
- $27,173
- Gross receipts
- $284,422
- Employees
- 1
- Year formed
- 2021
- State of legal domicile
- TN
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL VAN HORN | PRESIDENT Officer | 40 | $0 |
| KURT COPELAND | SECRETARY Officer | 0 | $0 |
| DAVID ALCORN | TREASURER Officer | 0 | $0 |
990 for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL VAN HORN | PRESIDENT Officer | 40 | $0 |
| KURT COPELAND | SECRETARY Officer | 0 | $0 |
| DAVID ALCORN | TREASURER Officer | 0 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID ALCORN | TREASURER Officer | 0 | $0 |
| KURT COPELAND | SECRETARY Officer | 0 | $0 |
| MICHAEL VAN HORN | PRESIDENT Officer | 40 | $0 |
Address and contacts
- Address (IRS master file)
- 771 RUCKER LN, MURFREESBORO, TN 37128-4621
- In care of
- % MICHAEL VAN HORN
- Mailing address (990-N for 2020)
- 4613 Veterans Parkway, Murfreesboro TN 37128
- Principal officer (990-N for 2020)
- Michael Van Horn, 771 Rucker Lane, Murfreesboro TN 37128
- Signed the 990
- MICHAEL VAN HORN, DIRECTOR
- Return prepared by
- Lionstone CPA
Mission
WALLACE LEGACY FOUNDATION PROVIDES CHARITABLE SUPPORT FOR MISSION TRIPS IN SOUTH ASIA AND AFRICA. THE FOUNDATION ALSO PROVIDES TRAINING, COACHING, AND VOLUNTEER SUPPORT FOR THE SUPPORTED ORGANIZATIONS IN THESE AREAS.
Program accomplishments
- PRODUCTION OF NATIVE LANGUAGE BIBLES AND LITERATURE AS WELL AS SHIPPING TO FOREIGN COUNTRIES. MISSION SUPPORT FOR THE WILSONS TRAVELING TO INDIA. CAMBODIA MISSION WORK AND BUILDING SUPPORT. ROCK OF AGES SUPPORT TO NIGERIA AND UGANDA.Expenses $266,689 · revenue $284,298
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 | 990 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
- 85-3815233
- 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
- 2021
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Religion-related (X20)
- Assets (IRS master file)
- $27,173
- Income (IRS master file)
- $284,422
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $284,422 | $291,058 | $27,173 | IRS |
| 990 | December 2024 | $296,343 | $288,236 | $33,809 | IRS |
| 990 | December 2023 | $274,431 | $279,406 | $25,721 | XML |
| 990 | December 2022 | $327,038 | $322,182 | $30,895 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-N for 2020 Officer: Michael Van Horn | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
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 85-3815233).
Questions about WALLACE LEGACY FOUNDATION INC
- What is the EIN of WALLACE LEGACY FOUNDATION INC?
- The employer identification number (EIN) of WALLACE LEGACY FOUNDATION INC is 85-3815233.
- Is WALLACE LEGACY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to WALLACE LEGACY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WALLACE LEGACY FOUNDATION INC 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 WALLACE LEGACY FOUNDATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WALLACE LEGACY FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of WALLACE LEGACY FOUNDATION INC?
- The 990-N for 2020 names Michael Van Horn.
- Who are the officers and directors of WALLACE LEGACY FOUNDATION INC?
- The 990 for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does WALLACE LEGACY FOUNDATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $284,422, expenses of $291,058 and total assets of $27,173 at year end.
Other nonprofits in MURFREESBORO
- INTERNATIONAL CHRISTIAN EMBASSY JERUSALEM EIN 62-1279378 · last filed 990 for 2025
- INTEND MINISTRIES EIN 27-3496928 · last filed 990 for 2024
- FINAL COMMAND MINISTIRES EIN 94-3424395 · last filed 990 for 2024
- SWORD OF THE LORD FOUNDATION EIN 36-2212715 · last filed 990 for 2024
- CORNELL MINISTRIES INC EIN 81-5258445 · last filed 990 for 2024
- YANCY MINISTRIES INC EIN 62-1823332 · last filed 990 for 2024
- MIDDLE TENNESSEE CHRISTIAN FOUNDATION EIN 62-0787612 · last filed 990 for 2025
- INTERNATIONAL HINDI ASSOCIATION EIN 58-1988753 · last filed 990 for 2024
All nonprofits in MURFREESBORO · Tennessee · Religion-related