Nonprofit · EIN 41-1607576
BARR-REEVE SCHOLARSHIP FOUNDATION
Tax-exempt · MONTGOMERY, IN 47558
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $212,065 | $35,432 | $176,633 | $1,021,457 | $0 | $1,021,457 |
| December 31, 2023 | 990 | $78,279 | $38,958 | $39,321 | $782,554 | $0 | $782,554 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $164,093
- Program service revenue
- $0
- Investment income
- $19,521
- Net income from fundraising events
- $28,451
- Other revenue
- $28,451
Expenses
- Grants and similar amounts paid
- $31,000
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $31,000
- Management and general (functional)
- $4,432
Balance sheet and other
- Total assets, start of year
- $782,554
- Total assets, end of year
- $1,021,457
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,021,457
- Publicly traded securities
- $878,708
- Net assets without donor restrictions
- $1,021,457
- Gross receipts
- $224,947
- Employees
- 0
- Year formed
- 1988
- 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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHARLES A KAVANAUGH | PRESIDENT Trustee or director, Officer | 20 | $0 |
| TYSON J WAGLER | TREASURER Trustee or director, Officer | 1 | $0 |
| AARON ASH | VICE PRESIDE Trustee or director, Officer | 1 | $0 |
| ANNETTA GRABER | SECRETARY Trustee or director, Officer | 1 | $0 |
| CHASSITY SWARD | Director Trustee or director | 1 | $0 |
| JEFFREY D DOYLE | Director Trustee or director | 1 | $0 |
| ANDREA HUFF | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHARLES A KAVANAUGH | PRESIDENT Trustee or director, Officer | 20 | $0 |
| TYSON J WAGLER | TREASURER Trustee or director, Officer | 1 | $0 |
| AARON ASH | VICE PRESIDE Trustee or director, Officer | 1 | $0 |
| ANNETTA GRABER | SECRETARY Trustee or director, Officer | 1 | $0 |
| CHASSITY SWARD | Director Trustee or director | 1 | $0 |
| JEFFREY D DOYLE | Director Trustee or director | 1 | $0 |
| ANDREA HUFF | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 25, MONTGOMERY, IN 47558-0025
- In care of
- % TYSON J WAGLER
- Signed the 990
- TYSON J WAGLER, Treasurer
- Phone
- (812) 486-3265
- Return prepared by
- Frette & Wagler LLC
Mission
RECEIVE FUNDS AND DONATIONS TO PROVIDE SCHOLARSHIPS TO CURRENT YEAR GRADUATING HIGH SCHOOL SENIORS AND PREVIOUS GRADUATES IN THEIR SOPHOMORE, JUNIOR, AND SENIOR YEARS OF COLLEGE. THE ORGANIZATION ALSO AWARDS SCHOLARSHIPS TO ELEMENTARY STUDENTS DEPOSITED INTO THEIR 529 SAVINGS ACCOUNTS WHICH WILL ALSO BE USED FOR COLLEGE EXPENSES.
Program accomplishments
- THE ORGANIZATION ONLY HAS ONE PURPOSE(TO HELP BARR-REEVE STUDENTS WITH COLLEGE EXPENSES); ALL REVENUE AND EXPENSES LISTED GO TOWARDS THAT PURPOSE.Expenses $31,000 · grants $31,000 · revenue $212,065
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 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 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 41-1607576
- 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
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B99)
- Assets (IRS master file)
- $1,021,457
- Income (IRS master file)
- $224,947
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $212,065 | $35,432 | $1,021,457 | XML |
| 990 | December 2023 | $78,279 | $38,958 | $782,554 | XML |
| 990 | December 2022 | $95,299 | $28,673 | $673,963 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 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 41-1607576).
Questions about BARR-REEVE SCHOLARSHIP FOUNDATION
- What is the EIN of BARR-REEVE SCHOLARSHIP FOUNDATION?
- The employer identification number (EIN) of BARR-REEVE SCHOLARSHIP FOUNDATION is 41-1607576.
- Is BARR-REEVE SCHOLARSHIP FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to BARR-REEVE SCHOLARSHIP FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BARR-REEVE SCHOLARSHIP FOUNDATION 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 BARR-REEVE SCHOLARSHIP 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 BARR-REEVE SCHOLARSHIP FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who are the officers and directors of BARR-REEVE SCHOLARSHIP FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
- How much revenue does BARR-REEVE SCHOLARSHIP FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $212,065, expenses of $35,432 and total assets of $1,021,457 at year end.
Other nonprofits in MONTGOMERY
- BARR REEVE PRIMARY-ELEMENTARY PTO EIN 82-3787014 · last filed 990-N for 2025
- BARR-REEVE BAND PARENTS ORGANIZATION INC EIN 81-2584502 · last filed 990-N for 2025
- BARR-REEVE CHOIR BOOSTER CLUB INC EIN 88-3923731 · last filed 990-N for 2025
- DAVIESS COMMUNITY BUILDING INC EIN 33-2752853 · last filed 990 for 2025
- RURITAN NATIONAL CORP EIN 35-1436187 · last filed 990 for 2025
- CROSSROADS INTERNATIONAL MISSIONS INC EIN 20-5645855 · last filed 990 for 2024
- HIGHLAND MINISTRY INC EIN 87-2063290 · last filed 990 for 2024
- EBENEZER CAMPGROUND INC EIN 47-3380563 · last filed 990-PF for 2025