Nonprofit · EIN 45-6496788
ASHLAND LEGACY TR
Also known as JAMES KIRTLAND TTEE
Tax-exempt · ASHLAND, OH 44805
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $4,073,438 | $2,189,399 | $1,884,039 | $3,956,768 | $24,629,446 | -$20,672,678 |
| December 31, 2023 | 990 | $1,518,479 | $2,782,459 | -$1,263,980 | $5,279,745 | $27,836,462 | -$22,556,717 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $4,073,438
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $1,680
- Program services (functional)
- $2,187,719
- Management and general (functional)
- $1,680
Balance sheet and other
- Total assets, start of year
- $5,279,745
- Total assets, end of year
- $3,956,768
- Total liabilities, end of year
- $24,629,446
- Net assets, end of year
- -$20,672,678
- Net assets without donor restrictions
- -$20,672,678
- Gross receipts
- $4,073,438
- Employees
- 0
- Volunteers
- 4
- Year formed
- 2017
- State of legal domicile
- OH
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 |
|---|---|---|---|
| LISA ARMSTRONG | TRUSTEE Trustee or director | 1.75 | $0 |
| THOMAS PICKERING | TRUSTEE Trustee or director | 1.25 | $0 |
| RICK SPRENG | TRUSTEE Trustee or director | 0.25 | $0 |
| JOHN A VANOSDALL | TRUSTEE Trustee or director | 0.25 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LISA ARMSTRONG | TRUSTEE Trustee or director | 1.15 | $0 |
| THOMAS PICKERING | TRUSTEE Trustee or director | 1.15 | $0 |
| RICK SPRENG | TRUSTEE Trustee or director | 0.23 | $0 |
| JOHN A VANOSDALL | TRUSTEE Trustee or director | 0.23 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 384, ASHLAND, OH 44805-0384
- Mailing address (990-N for 2017)
- P O BOX 384, ASHLAND OH 44805
- Principal officer (990 for 2024)
- LISA ARMSTRONG, PO BOX 384, ASHLAND, OH 44805
- Principal officer (990-N for 2017)
- THOMAS PICKERING, P O BOX 384, ASHLAND OH 44805
- Signed the 990
- LISA ARMSTRONG, TRUSTEE
- Phone
- (419) 281-1040
- Return prepared by
- IRWIN FINANCIAL ASSOCIATES INC
Mission
THE TRUST WILL ENGAGE IN CHARITABLE AND EDUCATIONAL ACTIVITIES FOCUSED ON SUPPORTING THE MISSION AND ENDOWMENT OF ASHLAND UNIVERSITY. ASHLAND UNIVERSITY IS AN INSTITUTION OF HIGHER EDUCATION THAT OFFERS UNDERGRADUATE, GRADUATE AND PROFESSIONAL DEGREE PROGRAMS. THE TRUST WILL FURTHER ITS EXEMPT PURPOSE BY ACTING PRIMARILY AS A GRANT-MAKING ORGANIZATION PROVIDING FUNDS TO ASHLAND UNIVERSITY.
Program accomplishments
- THE TRUST WILL FURTHER ITS EXEMPT PURPOSE BY ACTING PRIMARILY AS A GRANT- MAKING ORGANIZATION PROVIDING FUNDS TO ASHLAND UNIVERSITY.Expenses $2,187,719 · revenue $4,073,438
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
- 45-6496788
- 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
- 2019
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T99)
- Assets (IRS master file)
- $3,956,768
- Income (IRS master file)
- $4,073,438
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $4,073,438 | $2,189,399 | $3,956,768 | XML |
| 990 | December 2023 | $1,518,479 | $2,782,459 | $5,279,745 | XML |
| 990 | December 2022 | $1,147,355 | $2,537,020 | $3,909,984 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2017 Officer: THOMAS PICKERING | December 31, 2017 | ≤ $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 45-6496788).
Questions about ASHLAND LEGACY TR
- What is the EIN of ASHLAND LEGACY TR?
- The employer identification number (EIN) of ASHLAND LEGACY TR is 45-6496788.
- Is ASHLAND LEGACY TR tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to ASHLAND LEGACY TR tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ASHLAND LEGACY TR 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 ASHLAND LEGACY TR 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 ASHLAND LEGACY TR last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of ASHLAND LEGACY TR?
- The 990 for the year ended December 31, 2024 names LISA ARMSTRONG.
- Who are the officers and directors of ASHLAND LEGACY TR?
- The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does ASHLAND LEGACY TR have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $4,073,438, expenses of $2,189,399 and total assets of $3,956,768 at year end.
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- UNITED WAY OF ASHLAND COUNTY OHIO INC EIN 34-6004364 · last filed 990 for 2025
- TAYLOR FAMILY FOUNDATION EIN 26-4673401 · last filed 990 for 2025
- WIDOWS SONS MRA MASTER TYLERS CHAPTER EIN 83-1639976 · last filed 990-N for 2025
- OPEN HEARTS AND MINDS FOUNDATION EIN 27-1734113 · last filed 990-N for 2025
- ASHLAND UNIVERSITY EIN 34-0714626 · last filed 990 for 2025
All nonprofits in ASHLAND · Ohio · Philanthropy, voluntarism and grantmaking foundations