Nonprofit · EIN 87-3806487
MULCAHY FOUNDATION
Tax-exempt (reinstated) · ADEL, IA 50003
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $18,712 | $58,998 | -$40,286 | $479,555 | $0 | $479,555 |
| December 31, 2024 | 990-PF | $948,339 | $32,394 | $915,945 | $529,403 | $0 | $529,403 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $18,704
- Interest
- $8
Expenses
- Grants and similar amounts paid
- $49,300
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $50,285
- Excise tax on investment income
- $171
Balance sheet and other
- Total assets, start of year
- $529,403
- Total assets, end of year
- $479,555
- Total liabilities, end of year
- $0
- Net assets, end of year
- $479,555
- Fair market value of assets
- $925,750
- Qualifying distributions
- $50,285
- Net investment income
- $18,712
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| David S Mulcahy 1542 Burr Oaks Drive, West Des Moines, IA 50266 | President | 0 | $0 |
| Elizabeth A Mulcahy 1542 Burr Oaks Drive, West Des Moines, IA 50266 | Treasurer | 0 | $0 |
| Andrea Smith 111 N 34th Street, Cumming, IA 50061 | Vice President | 0 | $0 |
990-PF for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID S MULCAHY 1542 BURR OAKS DRIVE, WEST DES MOINES, IA 50266 | PRESIDENT | 0 | $0 |
| ELIZABETH A MULCAHY 1542 BURR OAKS DRIVE, WEST DES MOINES, IA 50266 | TREASURER | 0 | $0 |
| ANDREA SMITH 111 N 34TH STREET, CUMMING, IA 50061 | VICE PRESIDE | 0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 277, ADEL, IA 50003-0277
- Signed the 990-PF
- David S Mulcahy, President
- Phone
- (515) 240-9096
- Return prepared by
- BGHN ASSOCIATES PC
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 87-3806487
- 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
- 2025
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $479,555
- Income (IRS master file)
- $18,712
Revocation and reinstatement
- Exemption revoked
- May 15, 2024
- Posted by the IRS
- August 12, 2024
- Reinstated
- Effective May 15, 2024
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $18,712 | $58,998 | $479,555 | IRS |
| 990-PF | December 2024 | $948,339 | $32,394 | $529,403 | XML |
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 87-3806487).
Questions about MULCAHY FOUNDATION
- What is the EIN of MULCAHY FOUNDATION?
- The employer identification number (EIN) of MULCAHY FOUNDATION is 87-3806487.
- Is MULCAHY FOUNDATION tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2024 and reinstated it effective May 15, 2024.
- Are donations to MULCAHY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does MULCAHY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of MULCAHY 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 MULCAHY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of MULCAHY FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does MULCAHY FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $18,712, expenses of $58,998 and total assets of $479,555 at year end.
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