Nonprofit · EIN 92-2516020
DON AND MILLIE NELMS FOUNDATION
Tax-exempt · FAYETTEVILLE, AR 72703
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $67,963 | $1,028,337 | -$960,374 | $1,130,610 | $14,118 | $1,116,492 |
| December 31, 2023 | 990-PF | $2,101,686 | $24,412 | $2,077,274 | $2,078,809 | $1,535 | $2,077,274 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $15,000
- Interest
- $52,946
- Other income
- $17
Expenses
- Grants and similar amounts paid
- $747,500
- Compensation of officers, directors and key employees
- $203,612
- Salaries, compensation and benefits (total)
- $15,092
- Disbursements for charitable purposes
- $1,026,803
- Excise tax on investment income
- $736
Balance sheet and other
- Total assets, start of year
- $2,078,809
- Total assets, end of year
- $1,130,610
- Total liabilities, end of year
- $14,118
- Net assets, end of year
- $1,116,492
- Fair market value of assets
- $1,130,610
- Qualifying distributions
- $1,030,746
- Net investment income
- $52,946
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SCOTT SIMON 2781 N COLLEGE AVE, FAYETTEVILLE, AR 72703 | DIRECTOR/SECRETARY/TREASURER | 40 | $203,612 |
| ROBERT NELMS 2781 N COLLEGE AVE, FAYETTEVILLE, AR 72703 | DIRECTOR/PRESIDENT | 5 | $0 |
| MILLIE NELMS 2781 N COLLEGE AVE, FAYETTEVILLE, AR 72703 | DIRECTOR | 1 | $0 |
| SCOTT PRICE 2781 N COLLEGE AVE, FAYETTEVILLE, AR 72703 | VICE PRESIDENT | 10 | $0 |
990-PF for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBERT NELMS 2781 N COLLEGE AVE, FAYETTEVILLE, AR 72703 | DIRECTOR/PRESIDENT | 5 | $0 |
| MILLIE NELMS 2781 N COLLEGE AVE, FAYETTEVILLE, AR 72703 | DIRECTOR | 1 | $0 |
| SCOTT SIMON 2781 N COLLEGE AVE, FAYETTEVILLE, AR 72703 | DIRECTOR/SECRETARY/TREASURER | 40 | $0 |
| SCOTT PRICE 2781 N COLLEGE AVE, FAYETTEVILLE, AR 72703 | VICE PRESIDENT | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 2781 N COLLEGE AVE, FAYETTEVILLE, AR 72703-3315
- In care of
- % DON AND MILLIE NELMS FOUNDATION
- Signed the 990-PF
- Scott Simon, Director/Sec/Treas
- Phone
- (501) 804-4081
- Return prepared by
- CTA ASSOCIATES INC
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 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 92-2516020
- 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
- 2023
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Medical research (H80)
- Assets (IRS master file)
- $1,130,610
- Income (IRS master file)
- $67,963
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $67,963 | $1,028,337 | $1,130,610 | XML |
| 990-PF | December 2023 | $2,101,686 | $24,412 | $2,078,809 | 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 92-2516020).
Questions about DON AND MILLIE NELMS FOUNDATION
- What is the EIN of DON AND MILLIE NELMS FOUNDATION?
- The employer identification number (EIN) of DON AND MILLIE NELMS FOUNDATION is 92-2516020.
- Is DON AND MILLIE NELMS FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to DON AND MILLIE NELMS FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does DON AND MILLIE NELMS FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of DON AND MILLIE NELMS 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 DON AND MILLIE NELMS FOUNDATION 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 DON AND MILLIE NELMS FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 4 people; 1 received compensation from the organization, the highest $203,612 (SCOTT SIMON, DIRECTOR/SECRETARY/TREASURER).
- How much revenue does DON AND MILLIE NELMS FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $67,963, expenses of $1,028,337 and total assets of $1,130,610 at year end.
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All nonprofits in FAYETTEVILLE · Arkansas · Medical research