Nonprofit · EIN 58-1949667
PACES FOUNDATION INC
Tax-exempt · SMYRNA, GA 30080
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $21,403,290 | $14,807,681 | $6,595,609 | $92,965,132 | $64,900,633 | $28,064,499 |
| December 31, 2023 | 990-PF | $10,528,238 | $11,663,009 | -$1,134,771 | $87,831,998 | $67,340,135 | $20,491,863 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $176,059
- Dividends
- $301,170
- Interest
- $529,034
- Net gain from sales of assets
- $12,433,323
- Other income
- $7,963,704
Expenses
- Grants and similar amounts paid
- $38,225
- Compensation of officers, directors and key employees
- $1,958,300
- Salaries, compensation and benefits (total)
- $418,908
- Disbursements for charitable purposes
- $6,822,681
- Excise tax on investment income
- $94,754
Balance sheet and other
- Total assets, start of year
- $87,831,998
- Total assets, end of year
- $92,965,132
- Total liabilities, end of year
- $64,900,633
- Net assets, end of year
- $28,064,499
- Fair market value of assets
- $92,965,132
- Qualifying distributions
- $6,843,977
- Net investment income
- $13,263,527
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Mark Du Mas 2730 Cumberland Boulevard, Smyrna, GA 30080 | President | 40 | $978,000 |
| Renee Sandell 1014 Chesterfield Place, Marietta, GA 30064 | Vice-President | 40 | $362,792 |
| Stephen Bauhan 512 Michigan Ave, Decatur, GA 30030 | Vice President/Chief Highest-paid employee | 40 | $265,436 |
| Lori T Bobier 1086 Woodcroft Chase, Marietta, GA 30064 | Director of Assets Highest-paid employee | 40 | $158,577 |
| Teagan P Livingston 2115 Lake Park Dr Apt J, Smyrna, GA 30080 | Development Coordina Highest-paid employee | 40 | $76,467 |
| Betty Jones 2335 Shell Road, Savannah, GA 31404 | Board Member | 1 | $0 |
| Julie Bowen 2730 Cumberland Boulevard, Smyrna, GA 30080 | Board Member | 1 | $0 |
| Robert Ryan 2730 Cumberland Boulevard, Smyrna, GA 30080 | Board Member | 1 | $0 |
| Kevin Kirby 2730 Cumberland Boulevard, Smyrna, GA 30080 | Secretary | 1 | $0 |
990-PF for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Mark Du Mas 2730 Cumberland Boulevard, Smyrna, GA 30080 | President | 40 | $980,000 |
| Renee Sandell 1014 Chesterfield Place, Marietta, GA 30064 | Vice-President | 40 | $352,707 |
| Lori T Bobier 1086 Woodcroft Chase, Marietta, GA 30064 | Director of Assets Highest-paid employee | 40 | $149,750 |
| Michael J Bauer 3454 Barnwood Place, Powder Springs, GA 30127 | Development Director Highest-paid employee | 40 | $143,792 |
| Betty Jones 2335 Shell Road, Savannah, GA 31404 | Board Member | 1 | $0 |
| Julie Bowen 2730 Cumberland Boulevard, Smyrna, GA 30080 | Board Member | 1 | $0 |
| Robert Ryan 2730 Cumberland Boulevard, Smyrna, GA 30080 | Board Member | 1 | $0 |
| Kevin Kirby 2730 Cumberland Boulevard, Smyrna, GA 30080 | Secretary | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 2730 CUMBERLAND BLVD SE, SMYRNA, GA 30080-3048
- In care of
- % MARK DU MAS
- Signed the 990-PF
- Mark Du Mas, Vice President
- Phone
- (404) 431-9696
- Return prepared by
- Aprio Advisory Group LLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. 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-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 58-1949667
- 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
- 1992
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $92,965,132
- Income (IRS master file)
- $44,294,467
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $21,403,290 | $14,807,681 | $92,965,132 | XML |
| 990-PF | December 2023 | $10,528,238 | $11,663,009 | $87,831,998 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
| 990-PF | December 2017 | – | – | – | 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 58-1949667).
Questions about PACES FOUNDATION INC
- What is the EIN of PACES FOUNDATION INC?
- The employer identification number (EIN) of PACES FOUNDATION INC is 58-1949667.
- Is PACES FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
- Are donations to PACES FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does PACES FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of PACES FOUNDATION INC 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 PACES FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of PACES FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 9 people; 5 received compensation from the organization, the highest $978,000 (Mark Du Mas, President).
- How much revenue does PACES FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $21,403,290, expenses of $14,807,681 and total assets of $92,965,132 at year end.
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