Nonprofit · EIN 87-1310132
JIM SHANNON MEMORIAL FOUNDATION
Tax-exempt · CHARLESTON, SC 29412
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $1,204 | $1,200 | $4 | $29,300 | $0 | $29,300 |
| December 31, 2024 | 990-EZ | $2,468 | $1,252 | $1,216 | $29,296 | $0 | $29,296 |
| December 31, 2023 | 990-EZ | $363 | $1,792 | -$1,429 | $28,080 | $0 | $28,080 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Investment income
- $1,204
Expenses
- Compensation of officers, directors and key employees
- $0
- Other expenses
- $1,200
Balance sheet and other
- Total assets, start of year
- $29,296
- Total assets, end of year
- $29,300
- Total liabilities, end of year
- $0
- Net assets, end of year
- $29,300
- Cash, savings and investments
- $29,300
- Gross receipts
- $2,404
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-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LEIGH SHANNON | DIRECTOR | 0 | $0 |
990-EZ for the year ended December 31, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LEIGH SHANNON | DIRECTOR | 0 | $0 |
990-EZ for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LEIGH SHANNON | DIRECTOR | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 660 ELLIS OAK DR, CHARLESTON, SC 29412-3089
- In care of
- % WILLIAM COLE SHANNON
- Signed the 990-EZ
- LEIGH SHANNON, DIRECTOR
- Phone
- (843) 697-3003
- Return prepared by
- L BARTON CARSON JR CPA
Mission
THE ORGANIZATION WAS FOUNDED IN HONOR OF THE LATE JIM SHANNON AND HIS MEMORY. INSPIRED BY JIMS AFFINITY FOR THE SPORT, THE ORGANIZATION'S MISSION IS TO CULTIVATE LOCAL YOUTH PASSION AND ENERGY FOR COMPETITIVE FISHING.
Program accomplishments
- TO FURTHER THE ORGANIZIATION'S MISSION OF CULTIVATING YOUTH PASSION AND ENERGY FOR COMPETITIVE FISHING, THE ORGANIZATION HAS CREATED AN ANNUAL AWARD IN HONOR OF JIM SHANNON AT HIS FAVORITE LOCAL YOUTH FISING TOURNAMENT
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 87-1310132
- 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
- 2021
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Youth development (O50)
- Assets (IRS master file)
- $29,300
- Income (IRS master file)
- $2,404
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $1,204 | $1,200 | $29,300 | XML |
| 990-EZ | December 2024 | $2,468 | $1,252 | $29,296 | XML |
| 990-EZ | December 2023 | $363 | $1,792 | $28,080 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | 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 87-1310132).
Questions about JIM SHANNON MEMORIAL FOUNDATION
- What is the EIN of JIM SHANNON MEMORIAL FOUNDATION?
- The employer identification number (EIN) of JIM SHANNON MEMORIAL FOUNDATION is 87-1310132.
- Is JIM SHANNON MEMORIAL FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to JIM SHANNON MEMORIAL FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does JIM SHANNON MEMORIAL FOUNDATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of JIM SHANNON MEMORIAL FOUNDATION 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 JIM SHANNON MEMORIAL FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of JIM SHANNON MEMORIAL FOUNDATION?
- The 990-EZ for the year ended December 31, 2025 lists 1 person; 0 received compensation from the organization.
- How much revenue does JIM SHANNON MEMORIAL FOUNDATION have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $1,204, expenses of $1,200 and total assets of $29,300 at year end.
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