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Nonprofit · EIN 58-1576454

KENT RICHARD HOFMANN FOUNDATION INC

Tax-exempt · JACKSON, MS 39211

Financials

$91K$145K2023$111K$170K2024
Revenue Expenses · by fiscal year end
Financials of KENT RICHARD HOFMANN FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
January 31, 2025990-PF$111,435$169,711-$58,276$1,734,730$0$1,734,730
January 31, 2024990-PF$91,393$145,442-$54,049$1,793,388$382$1,793,006
Financial details: 990-PF for the year ended January 31, 2025

Revenue

Dividends
$98,504
Interest
$11,971
Net gain from sales of assets
$896
Other income
$64

Expenses

Grants and similar amounts paid
$81,260
Compensation of officers, directors and key employees
$30,000
Salaries, compensation and benefits (total)
$28,160
Disbursements for charitable purposes
$169,420
Excise tax on investment income
$1,534

Balance sheet and other

Total assets, start of year
$1,793,388
Total assets, end of year
$1,734,730
Total liabilities, end of year
$0
Net assets, end of year
$1,734,730
Fair market value of assets
$3,279,582
Qualifying distributions
$169,420
Net investment income
$110,475

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-PF for the year ended January 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
J RICHARD PRICE
1400 WINSTON PLACE, DECATUR, GA 30033
OFFICER0$10,000
FRANK U PARENT
1468 MOSSLINE DRIVE, JACKSON, MS 39211
OFFICER0$10,000
ANDREW PARENT
180 RICHARDSON ROAD, RIDGELAND, MS 39157
OFFICER0$10,000
990-PF for the year ended January 31, 2024: 3 people
NameTitleHours / weekCompensation
J RICHARD PRICE
1400 WINSTON PLACE, DECATUR, GA 30033
OFFICER0$10,000
FRANK U PARENT
1468 MOSSLINE DRIVE, JACKSON, MS 39211
OFFICER0$10,000
ANDREW PARENT
180 RICHARDSON ROAD, RIDGELAND, MS 39157
OFFICER0$10,000

Address and contacts

Address (IRS master file)
1468 MOSSLINE DR, JACKSON, MS 39211-2818
Signed the 990-PF
J RICHARD PRICE, OFFICER
Phone
(912) 481-0982
Return prepared by
LANIER DEAL & DEAL CPAS

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in January, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025January 31, 2026June 15, 2026Not on file
2024January 31, 2025June 16, 2025990-PF on file
2023January 31, 2024June 17, 2024990-PF on file

IRS record

EIN
58-1576454
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1985
Accounting year ends
January
Files
Form 990-PF
Assets (IRS master file)
$1,734,730
Income (IRS master file)
$111,435

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFJanuary 2025$111,435$169,711$1,734,730XML
990-PFJanuary 2024$91,393$145,442$1,793,388XML
990-PFJanuary 2023–––IRS
990-PFJanuary 2022–––IRS
990-PFJanuary 2021–––IRS
990-PFJanuary 2019–––IRS
990-PFJanuary 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 58-1576454).

Questions about KENT RICHARD HOFMANN FOUNDATION INC

What is the EIN of KENT RICHARD HOFMANN FOUNDATION INC?
The employer identification number (EIN) of KENT RICHARD HOFMANN FOUNDATION INC is 58-1576454.
Is KENT RICHARD HOFMANN FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1985.
Are donations to KENT RICHARD HOFMANN FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does KENT RICHARD HOFMANN FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of KENT RICHARD HOFMANN FOUNDATION INC due?
The return for tax year 2025 (the year ending January 31, 2026) is due June 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did KENT RICHARD HOFMANN FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended January 2025.
Who are the officers and directors of KENT RICHARD HOFMANN FOUNDATION INC?
The 990-PF for the year ended January 31, 2025 lists 3 people; 3 received compensation from the organization, the highest $10,000 (J RICHARD PRICE, OFFICER).
How much revenue does KENT RICHARD HOFMANN FOUNDATION INC have?
On its 990-PF for the year ended January 31, 2025 it reported revenue of $111,435, expenses of $169,711 and total assets of $1,734,730 at year end.

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