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Nonprofit · EIN 99-1184271

BLACK SOIL CHARITABLE FUND INC

Also known as BLACK SOIL KY

Tax-exempt · LEXINGTON, KY 40504

Financials

$66K$65K2023$1.5M$871K2024
Revenue Expenses · by fiscal year end
Financials of BLACK SOIL CHARITABLE FUND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$1,510,808$870,604$640,204$675,275$34,571$640,704
June 30, 2024990-EZ$65,500$65,000$500$500$0$500
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$1,456,055
of which government grants
$7,678
Program service revenue
$54,753
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$96,000
Other salaries and wages
$172,008
Salaries, compensation and benefits (total)
$343,172
Professional fundraising fees
$0
Legal fees
$3,304
Accounting fees
$5,068
Occupancy
$31,963
Travel
$7,421
Depreciation
$37,179
Program services (functional)
$578,732
Management and general (functional)
$156,371
Fundraising (functional)
$135,501

Balance sheet and other

Total assets, start of year
$500
Total assets, end of year
$675,275
Total liabilities, end of year
$34,571
Net assets, end of year
$640,704
Land, buildings and equipment
$253,480
Net assets without donor restrictions
$640,704
Gross receipts
$1,510,808
Employees
9
Volunteers
15
Year formed
2024
State of legal domicile
KY

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
ASHLEY SMITHEXECUTIVE DIRECTOR
Officer
40$32,308$4,025
ERICKA EMERSONCO CHAIR
Trustee or director, Officer
1$0$0
BRIAN JOHNSONCO CHAIR
Trustee or director, Officer
1$0$0
ED HOLMESVICE CHAIR
Trustee or director, Officer
1$0$0
CHARLES ROWLANDSECRETARY/TREASURER
Trustee or director, Officer
1$0$0
990-EZ for the year ended June 30, 2024: 4 people
NameTitleHours / weekCompensation
ERICKA EMERSONCO PRESIDENT0$0
BRIAN JOHNSONCO PRESIDENT0$0
ED HOLMESVICE PRESIDENT0$0
CHARLES ROWLANDSECRETARY/TREASURER0$0

Address and contacts

Address (IRS master file)
820 LANE ALLEN ROAD, LEXINGTON, KY 40504-3615
In care of
% ASHLEY C SMITH
Mailing address (990-N for 2022)
1831 Raleigh Road, Lexington KY 40505
Principal officer (990 for 2024)
ASHLEY SMITH, 820 LANE ALLEN ROAD STE 176, LEXINGTON, KY 40504
Principal officer (990-N for 2022)
Tim Small, 1831 Raleigh Road, Lexington KY 40505
Signed the 990
ASHLEY SMITH, EXECUTIVE DIRECTOR
Phone
(859) 785-1800
Return prepared by
YOUNG & WADLINGTON PLLC

Mission

THE MISSION OF BLACK SOIL KY IS TO RECONNECT BLACK KENTUCKIANS TO THEIR HERITAGE AND LEGACY IN AGRICULTURE. BY BRINGING TOGETHER URBAN FAMILIES WITH RURAL AND URBAN-BASED BLACK FARMERS/GROWERS/PRODUCERS ACROSS THE STATE, WE HELP INTRODUCE OPPORTUNITIES IN AGRICULTURE THAT PROMOTE SELF-SUFFICIENCY, ENCOURAGE HEALTHY LIVING, AND ACTIVATE COOPERATIVE ECONOMICS.OUR VISION IS TO HELP FOSTER A GREATER MARKET SHARE FOR BLACK FARMERS AND PRODUCERS AS THEY PROVIDE HEALTHY FOOD OPTIONS TO A LARGER CONSUMER BASE. BLACK SOIL KY ORGANIZES FARM TOURS, FARM-TO-TABLE DINNERS, CATERING OPPORTUNITIES, EVENTS, WORKSHOPS, TRAINING, EDUCATION & OUTREACH, AND MORE FOR KENTUCKY BLACK FARMERS, CHEFS, AND MAKERS.

990 for the year ended June 30, 2025

Program accomplishments

  • IN FY 2025, THE BLACK SOIL CHARITABLE FUND, INC WORKED TO CONTINUE ITS MISSION TO RECONNECT BLACK KENTUCKIANS TO THEIR HERITAGE AND LEGACY IN AGRICULTURE. BY BRINGING TOGETHER URBAN FAMILIES WITH RURAL AND URBAN-BASED BLACK FARMERS/GROWERS/PRODUCERS ACROSS THE STATE, WE HELP INTRODUCE OPPORTUNITIES IN AGRICULTURE THAT PROMOTE SELF SUFFICIENCY, ENCOURAGE HEALTHY LIVING, AND ACTIVATE COOPERATIVE ECONOMICS.IN FY 2025, WE SUCCESSFULLY EXECUTED LEASES FOR TWO BRICK AND MORTAR 'NEIGHBORHOOD FARMACY MARKETS' AT 820 LANE ALLEN ROAD, SUITE 176 AND 760 FLORENCE AVENUE IN LEXINGTON, KY. THESE STORES HELP ACHIEVE OUR MISSION BY CREATING NEW ECONOMIC OPPORTUNITIES AND LARGER MARKETS FOR OUR PARTNER FARMERS, AND THROUGH GRANT FUNDING, WE ARE ABLE TO PROVIDE THESE GOODS TO THE COMMUNITY AT LOWER COSTS THAN MAJOR RETAILERS. THROUGH THIS, WE ARE ABLE TO ENACT OUR 'EAT LOCAL YEAR ROUND' INITIATIVE TO HAVE OUR COMMUNITY MEMBERS SUPPORTING AND EATING LOCAL IN EVERY SEASON. IN ADDITION, WE RECEIVED OUR SPROUT MOBILE MARKET FOOD TRUCK, WHICH TRAVELS TO LOCATIONS TO PROVIDE FARM FRESH GOODS TO COMMUNITIES EITHER FOR PURCHASE OR THROUGH FREE DISTRIBUTIONS. WHILE THE FARMACY MARKETS PROVIDE A STABLE, STATIONARY LOCATION FOR THE COMMUNITY TO EAT AND SUPPORT LOCAL, SPROUT HELPS TO GO WHERE FRESH FOOD IS NEEDED, HELPING BRING COMMODITIES TO COMMUNITIES WITHOUT ACCESS TO TRANSPORTATION.THESE TWO ARMS OF OUR OPERATIONS HAVE DRASTICALLY INCREASED THE SUCCESS OF OUR MISSION, ALLOWING US TO FEED MORE FAMILIES ACROSS OUR COMMUNITY AND ACROSS THE STATE WHILE ASSISTING OUR FARMERS IN SUPPORTING AND EXPANDING THEIR OPERATIONS.
    Expenses $578,732 · revenue $54,753

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990-EZ on file

IRS record

EIN
99-1184271
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
2024
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$675,275
Income (IRS master file)
$1,510,808

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$1,510,808$870,604$675,275XML
990-EZJune 2024$65,500$65,000$500IRS
990-N for 2022
Officer: Tim Small
June 30, 2023≤ $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 99-1184271).

Questions about BLACK SOIL CHARITABLE FUND INC

What is the EIN of BLACK SOIL CHARITABLE FUND INC?
The employer identification number (EIN) of BLACK SOIL CHARITABLE FUND INC is 99-1184271.
Is BLACK SOIL CHARITABLE FUND INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
Are donations to BLACK SOIL CHARITABLE FUND INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BLACK SOIL CHARITABLE FUND 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 BLACK SOIL CHARITABLE FUND INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BLACK SOIL CHARITABLE FUND INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of BLACK SOIL CHARITABLE FUND INC?
The 990 for the year ended June 30, 2025 names ASHLEY SMITH.
Who are the officers and directors of BLACK SOIL CHARITABLE FUND INC?
The 990 for the year ended June 30, 2025 lists 5 people; 1 received compensation from the organization, the highest $32,308 (ASHLEY SMITH, EXECUTIVE DIRECTOR).
How much revenue does BLACK SOIL CHARITABLE FUND INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $1,510,808, expenses of $870,604 and total assets of $675,275 at year end.

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