Nonprofit · EIN 58-2031848
SPIRIT OF AMERICA FOUNDATION
Tax-exempt · CHATTANOOGA, TN 37414
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,406,299 | $1,580,680 | -$174,381 | $1,542,210 | $4,182 | $1,538,028 |
| December 31, 2023 | 990 | $1,256,304 | $1,400,821 | -$144,517 | $1,712,409 | $0 | $1,712,409 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,406,818
- Program service revenue
- $0
- Investment income
- -$1,576
- Net gain from sales of assets
- -$1,793
- Net income from sales of inventory
- $1,057
- Other revenue
- $1,057
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $174,000
- Other salaries and wages
- $43,849
- Salaries, compensation and benefits (total)
- $329,938
- Professional fundraising fees
- $0
- Accounting fees
- $14,335
- Occupancy
- $27,307
- Travel
- $284,178
- Depreciation
- $184,411
- Program services (functional)
- $1,464,071
- Management and general (functional)
- $116,609
Balance sheet and other
- Total assets, start of year
- $1,712,409
- Total assets, end of year
- $1,542,210
- Total liabilities, end of year
- $4,182
- Net assets, end of year
- $1,538,028
- Land, buildings and equipment
- $1,086,620
- Gross receipts
- $1,441,706
- Employees
- 2
- Year formed
- 1993
- State of legal domicile
- TN
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 |
|---|---|---|---|
| Dean Sikes | President Officer, Key employee, Highest-paid employee | 65 | $325,928 |
| Bill Turner | SecretaryTreasurer Trustee or director, Officer | 1 | $0 |
| Gregory Pope | Director Trustee or director | 1 | $0 |
| Danny Hall | Director Trustee or director | 1 | $0 |
| Paul Loftin | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Dean Sikes | President Officer | 65 | $259,707 | $57,664 |
| Paul Loftin | Director Trustee or director | 1 | $0 | $0 |
| Danny Hall | Director Trustee or director | 1 | $0 | $0 |
| Gregory Pope | Director Trustee or director | 1 | $0 | $0 |
| Bill Turner | SecretaryTreasurer Trustee or director, Officer | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 8915, CHATTANOOGA, TN 37414-0915
- In care of
- % DEAN SIKES
- Principal officer (990 for 2024)
- Dean Sikes, 146 Ridgeside Road, Chattanooga, TN 37411
- Signed the 990
- DEAN SIKES, President
- Phone
- (423) 595-3240
- Return prepared by
- JK Lusk & Company PLLC
Mission
Education and motivational speeches
Program accomplishments
- Provide educational and motivational speeches to students in conventions, high school assemblies, and local church groups across the United States. Since January 1, 1993, Spirit of America has reached multiplied millions of teenagers in assemblies and through the distribution of their information packets, books, videos, and T-shirts.Expenses $1,464,071
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
- 58-2031848
- 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
- 1993
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Youth development (O50)
- Assets (IRS master file)
- $1,542,210
- Income (IRS master file)
- $1,441,706
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,406,299 | $1,580,680 | $1,542,210 | XML |
| 990 | December 2023 | $1,256,304 | $1,400,821 | $1,712,409 | XML |
| 990 | December 2022 | $1,269,709 | $1,439,883 | $1,856,926 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | 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 58-2031848).
Questions about SPIRIT OF AMERICA FOUNDATION
- What is the EIN of SPIRIT OF AMERICA FOUNDATION?
- The employer identification number (EIN) of SPIRIT OF AMERICA FOUNDATION is 58-2031848.
- Is SPIRIT OF AMERICA FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
- Are donations to SPIRIT OF AMERICA FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SPIRIT OF AMERICA FOUNDATION 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 SPIRIT OF AMERICA 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 SPIRIT OF AMERICA FOUNDATION 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 SPIRIT OF AMERICA FOUNDATION?
- The 990 for the year ended December 31, 2024 names Dean Sikes.
- Who are the officers and directors of SPIRIT OF AMERICA FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $325,928 (Dean Sikes, President).
- How much revenue does SPIRIT OF AMERICA FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,406,299, expenses of $1,580,680 and total assets of $1,542,210 at year end.
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