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Nonprofit · EIN 35-0474685

LITERARY AID SOCIETY

Tax-exempt · PERU, IN 46970

Financials

$136K$102K2023$118K$92K2024$126K$97K2025
Revenue Expenses · by fiscal year end
Financials of LITERARY AID SOCIETY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$126,168$97,248$28,920$119,986$2,018$117,968
December 31, 2024990$117,774$92,090$25,684$91,039$1,991$89,048
December 31, 2023990$136,460$101,960$34,500$97,287$33,923$63,364
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$3,330
Investment income
$0
Net income from gaming
$50,401
Net income from sales of inventory
$72,365
Other revenue
$122,838

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$52,832
Salaries, compensation and benefits (total)
$57,546
Professional fundraising fees
$0
Accounting fees
$3,000
Occupancy
$14,287
Depreciation
$1,400
Program services (functional)
$86,649
Management and general (functional)
$10,599

Balance sheet and other

Total assets, start of year
$91,039
Total assets, end of year
$119,986
Total liabilities, end of year
$2,018
Net assets, end of year
$117,968
Land, buildings and equipment
$26,872
Net assets without donor restrictions
$117,968
Gross receipts
$432,244
Employees
5
Year formed
1935
State of legal domicile
IN

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.

NameTitleHours / weekCompensation
WILLIAM ADAMSPRESIDENT
Trustee or director, Officer
2$0
BILL BAKERTRUSTEE
Trustee or director, Officer
2$0
STEVE JONESTRUSTEE
Trustee or director, Officer
2$0
ROBERT MARCUMTRUSTEE
Trustee or director, Officer
2$0
JERRY MINNSVICE PRESIDE
Trustee or director, Officer
2$0
ROSS STOPPELLSECRETARY/TR
Trustee or director, Officer
2$0
990 for the year ended December 31, 2024: 6 people
NameTitleHours / weekCompensation
WILLIAM ADAMSPRESIDENT
Trustee or director, Officer
2$0
STEVE JONESTRUSTEE
Trustee or director, Officer
2$0
ROBERT MARCUMTRUSTEE
Trustee or director, Officer
2$0
JERRY MINNSVICE PRESIDE
Trustee or director, Officer
2$0
JESSE PEARCYTRUSTEE
Trustee or director, Officer
2$0
MICKEY POWERSSECRETARY/TR
Trustee or director, Officer
2$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
WILLIAM ADAMSPRESIDENT
Trustee or director, Officer
2$0
STEVE JONESTRUSTEE
Trustee or director, Officer
2$0
ROBERT MARCUMTRUSTEE
Trustee or director, Officer
2$0
JERRY MINNSVICE PRESIDE
Trustee or director, Officer
2$0
JESSE PEARCYTRUSTEE
Trustee or director, Officer
2$0
MICKEY POWERSSECRETARY/TR
Trustee or director, Officer
2$0

Address and contacts

Address (IRS master file)
21 W CANAL ST, PERU, IN 46970-2163
In care of
% MICHAEL BALES
Principal officer (990 for 2025)
WILLIAM ADAMS, 21 WEST CANAL ST, PERU, IN 46970
Signed the 990
WILLIAM ADAMS, PRESIDENT
Phone
(765) 472-4726
Return prepared by
REA LOGAN & CO LLC CPA'S

Mission

LITERARY SOCIAL BENEVOLENT ORGANIZATION.

990 for the year ended December 31, 2025

Program accomplishments

  • LITERARY SOCIAL BENEVOLENT ORGANIZATION.
    Expenses $86,649 · revenue $3,330

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
35-0474685
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1968
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$119,986
Income (IRS master file)
$432,244

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$126,168$97,248$119,986XML
990December 2024$117,774$92,090$91,039XML
990December 2023$136,460$101,960$97,287XML
990December 2022$119,748$94,776$76,765IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––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 35-0474685).

Questions about LITERARY AID SOCIETY

What is the EIN of LITERARY AID SOCIETY?
The employer identification number (EIN) of LITERARY AID SOCIETY is 35-0474685.
Is LITERARY AID SOCIETY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1968.
Are donations to LITERARY AID SOCIETY tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does LITERARY AID SOCIETY 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 LITERARY AID SOCIETY 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 LITERARY AID SOCIETY 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 LITERARY AID SOCIETY?
The 990 for the year ended December 31, 2025 names WILLIAM ADAMS.
Who are the officers and directors of LITERARY AID SOCIETY?
The 990 for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
How much revenue does LITERARY AID SOCIETY have?
On its 990 for the year ended December 31, 2025 it reported revenue of $126,168, expenses of $97,248 and total assets of $119,986 at year end.

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