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Nonprofit · EIN 51-0161669

AMES FOUNDATION

Tax-exempt · AMES, IA 50010

Financials

$357K$1.2M2023$02024$430K$83K2024
Revenue Expenses · by fiscal year end
Financials of AMES FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990 (amended)$430,092$83,000$347,092$880,189$905$879,284
December 31, 2024990-EZ$0––$0–$461,207
December 31, 2023990$356,966$1,173,345-$816,379$461,207$0$461,207
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$419,025
Program service revenue
$0
Investment income
$1,607
Net income from fundraising events
$9,460
Other revenue
$9,460

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$3,750
Travel
$360
Program services (functional)
$56,819
Management and general (functional)
$26,181

Balance sheet and other

Total assets, start of year
$461,207
Total assets, end of year
$880,189
Total liabilities, end of year
$905
Net assets, end of year
$879,284
Net assets without donor restrictions
$123,694
Net assets with donor restrictions
$755,590
Gross receipts
$444,391
Employees
0

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
CATHY ADAMSTreasurer
Officer
0$0
CHRIS ANDERSONChairman
Officer
0$0
CHASE ABNERVICE CHAIR
Officer
0$0
JENNY ARENDSSecretary
Officer
0$0
TAMMY STEGMANPAST CHAIR
Officer
0$0
990-EZ for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
CATHY ADAMSTreasurer0$0
CHRIS ANDERSONVICE CHAIR0$0
TANNER WINTERHOFPAST CHAIR0$0
TAMMY STEGMANChairman0$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
CATHY ADAMSTreasurer
Officer
0$0
CHRIS ANDERSONVICE CHAIR
Officer
0$0
TANNER WINTERHOFPAST CHAIR
Officer
0$0
TAMMY STEGMANChairman
Officer
0$0

Address and contacts

Address (IRS master file)
PO BOX 213, AMES, IA 50010-0213
In care of
% TREASURER
Signed the 990
CATHY ADAMS, Treasurer
Phone
(612) 840-7039
Return prepared by
Klatt & Associates CPA PC

Mission

Public Betterment-City of Ames

990 for the year ended December 31, 2024

Program accomplishments

  • MIRACLE FIELD PROJECT
    Expenses $53,240 · revenue $100
  • ARBOR DAY EVENT
    Expenses $3,315
  • ART WALK
    Expenses $200
  • AMES MURALS
    Expenses $64
  • AMES POLICE PROJECT
  • AQUATIC CENTER PROJECT
  • TREE PARTNERSHIP FUND

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
51-0161669
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
1975
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$880,189
Income (IRS master file)
$444,391

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$430,092$83,000$880,189XML
990-EZDecember 2024$0–$0XML
990December 2023$356,966$1,173,345$461,207XML
990December 2022$623,958$64,728$1,269,224IRS
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 51-0161669).

Questions about AMES FOUNDATION

What is the EIN of AMES FOUNDATION?
The employer identification number (EIN) of AMES FOUNDATION is 51-0161669.
Is AMES FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1975.
Are donations to AMES FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does AMES FOUNDATION file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of AMES 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 AMES 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 AMES FOUNDATION?
The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does AMES FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $430,092, expenses of $83,000 and total assets of $880,189 at year end.

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