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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 46-1444156

H-545 FOUNDATION

Tax-exempt · HENNING, MN 56551

Financials

$37K$20K2023$59K$27K2024
Revenue Expenses · by fiscal year end
Financials of H-545 FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$58,507$26,607$31,900$811,429$0$811,429
December 31, 2023990$37,203$19,980$17,223$779,529$0$779,529
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$38,823
Program service revenue
$0
Investment income
$19,684
Other revenue
$0

Expenses

Grants and similar amounts paid
$22,100
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$800
Program services (functional)
$26,607

Balance sheet and other

Total assets, start of year
$779,529
Total assets, end of year
$811,429
Total liabilities, end of year
$0
Net assets, end of year
$811,429
Net assets without donor restrictions
$811,429
Gross receipts
$58,507
Employees
0
Year formed
2012
State of legal domicile
MN

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.

NameTitleHours / weekCompensation
DONNA SMITHPAST CHAIR
Trustee or director
0.5$0
SHARI HABERERDIRECTOR
Trustee or director
0.5$0
GEORGE SMITHDIRECTOR
Trustee or director
0.5$0
CHAD KOENENDIRECTOR
Trustee or director
0.5$0
RITA ELLENSONDIRECTOR
Trustee or director
0.5$0
GRANT SMITHPRESIDENT
Trustee or director, Officer
0.5$0
TERRI OSCARSONVICE PRESIDENT
Trustee or director, Officer
0.5$0
DEB MILLERFINANCIAL SECRETARY
Trustee or director, Officer
1$0
TAMI FREEDTREASURER
Trustee or director, Officer
2$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
GEORGE SMITHDIRECTOR
Trustee or director
0.5$0
SHARI HABERERDIRECTOR
Trustee or director
0.5$0
RITA ELLENSONDIRECTOR
Trustee or director
0.5$0
CHAD KOENENDIRECTOR
Trustee or director
0.5$0
DONNA SMITHPAST CHAIR
Trustee or director
0.5$0
TERRI OSCARSONVICE PRESIDENT
Trustee or director, Officer
0.5$0
GRANT SMITHPRESIDENT
Trustee or director, Officer
0.5$0
TAMI FREEDTREASURER
Trustee or director, Officer
2$0
DEB MILLERFINANCIAL SECRETARY
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
PO BOX 463, HENNING, MN 56551-0463
In care of
% TAMI FREED
Signed the 990
TAMI FREED, TREASURER
Phone
(218) 639-4273
Return prepared by
Gaustad Accounting & Tax Svcs LLC

Mission

THE H-545 FOUNDATION INC.S PURPOSE IS TO ADVANCE, PROMOTE AND ENHANCE POST-SECONDARY EDUCATION THROUGH EDUCATIONAL, CHARITABLE AND RECREATIONAL PROGRAMS

990 for the year ended December 31, 2024

Program accomplishments

  • IN 2024 THE H-545 FOUNDCATION INC. AWARDED 22 SCHOLARSHIPS TO GRADUATING SENIORS AND PAST GRADUATES OF HENNING HIGH SCHOOL TOTALING $22,100.
    Expenses $26,607 · grants $22,100 · revenue $38,823

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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, 2026Check at the IRS
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

File the 2026 990-N for H-545 FOUNDATION

Due May 17, 2027 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
46-1444156
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
2013
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$834,439
Income (IRS master file)
$45,277

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$58,507$26,607$811,429XML
990December 2023$37,203$19,980$779,529XML
990December 2022$94,400$23,972$762,306IRS
990December 2021–––IRS
990December 2020–––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 46-1444156).

Questions about H-545 FOUNDATION

What is the EIN of H-545 FOUNDATION?
The employer identification number (EIN) of H-545 FOUNDATION is 46-1444156.
Is H-545 FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
Are donations to H-545 FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does H-545 FOUNDATION file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of H-545 FOUNDATION 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 H-545 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 H-545 FOUNDATION?
The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
How much revenue does H-545 FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $58,507, expenses of $26,607 and total assets of $811,429 at year end.

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