Nonprofit · EIN 58-2109680
EPWORTH BY THE SEA ENDOWMENT FOUNDATION INCORPORASTED
Tax-exempt · ST SIMONS IS, GA 31522
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,735,293 | $917,196 | $818,097 | $19,945,530 | $5,178 | $19,940,352 |
| December 31, 2024 | 990 | $4,288,922 | $701,390 | $3,587,532 | $17,799,544 | $5,177 | $17,794,367 |
| December 31, 2023 | 990 | $589,078 | $669,965 | -$80,887 | $12,992,245 | $6,505 | $12,985,740 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $743,789
- Program service revenue
- $0
- Investment income
- $991,504
- Net gain from sales of assets
- $455,638
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $808,808
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $12,165
- Program services (functional)
- $808,808
- Management and general (functional)
- $108,388
Balance sheet and other
- Total assets, start of year
- $17,799,544
- Total assets, end of year
- $19,945,530
- Total liabilities, end of year
- $5,178
- Net assets, end of year
- $19,940,352
- Publicly traded securities
- $19,911,153
- Net assets without donor restrictions
- $8,087,650
- Net assets with donor restrictions
- $11,852,702
- Gross receipts
- $6,028,849
- Employees
- 0
- Volunteers
- 8
- Year formed
- 1993
- State of legal domicile
- GA
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| Joel Willis | Former CEO Officer | 0.5 | $0 | $113,892 |
| Carlos Cantu | CEO Trustee or director, Officer | 0.5 | $0 | $91,432 |
| Tiffany Flavell | Secretary Trustee or director, Officer | 0.5 | $0 | $58,548 |
| Russell Jacobs III | Chair Trustee or director, Officer | 0.5 | $0 | $0 |
| Bill Daniel Jr | Director Trustee or director | 0.5 | $0 | $0 |
| Bill Harris | Director Trustee or director | 0.5 | $0 | $0 |
| Justin Martin | Director Trustee or director | 0.5 | $0 | $0 |
| Mark Massee | Director Trustee or director | 0.5 | $0 | $0 |
| Ralph Jernigan | Director Trustee or director | 0.5 | $0 | $0 |
990 for the year ended December 31, 2024: 9 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Joel Willis | Director Trustee or director, Officer | 0.5 | $0 | $173,690 | $10,279 |
| Wayne Racz | President Trustee or director, Officer | 1 | $0 | $11,816 | $10,833 |
| Bill Daniel Jr | Director Trustee or director | 0 | $0 | $0 | $0 |
| Ralph Jernigan | Director Trustee or director | 0 | $0 | $0 | $0 |
| Russell Jacobs III | Chair Trustee or director, Officer | 0 | $0 | $0 | $0 |
| Justin Martin | Director Trustee or director | 0 | $0 | $0 | $0 |
| Bill Harris | Director Trustee or director | 0 | $0 | $0 | $0 |
| Mallery Hale | Secretary Trustee or director, Officer | 0 | $0 | $0 | $0 |
| Mark Massee | Director Trustee or director | 0 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Joel Willis | Director Trustee or director, Officer | 0.5 | $0 | $169,245 | $9,979 |
| Wayne Racz | President Trustee or director, Officer | 1 | $0 | $89,031 | $30,000 |
| Bill Daniel Jr | Director Trustee or director | 0 | $0 | $0 | $0 |
| Ralph Jernigan | Director Trustee or director | 0 | $0 | $0 | $0 |
| Russell Jacobs III | Chair Trustee or director, Officer | 0 | $0 | $0 | $0 |
| Justin Martin | Director Trustee or director | 0 | $0 | $0 | $0 |
| Bill Harris | Director Trustee or director | 0 | $0 | $0 | $0 |
| Mallery Hale | Secretary Trustee or director, Officer | 0 | $0 | $0 | $0 |
| Mark Massee | Director Trustee or director | 0 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 20407, ST SIMONS IS, GA 31522-0007
- In care of
- % EPWORTH BY THE SEA INC TTEE
- Principal officer (990 for 2025)
- Russell Jacobs III, Po Box 20407, St Simons Island, GA 31522
- Signed the 990
- Russell Jacobs III, Chair
- Phone
- (912) 638-8688
- Return prepared by
- Mauldin & Jenkins LLC
Mission
ENCOURAGE DONATIONS TO BENEFIT ITS SUPPORTED ORGANIZATION, Epworth by the Sea, a hospitality ministry which provides a Christian place for worship, study, and fellowship.
Program accomplishments
- THE PURPOSE OF THE FOUNDATION IS TO ENCOURAGE DONATIONS TO THE FOUNDATION WHICH SHALL BE HELD AND INVESTED BY THE DIRECTORS FOR THE BENEFIT OF Epworth by the Sea to ensure the place is available for generations of youth, families, and group ministries.Expenses $808,808 · grants $808,808
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 | 990 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
- 58-2109680
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1994
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $19,945,530
- Income (IRS master file)
- $6,028,849
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,735,293 | $917,196 | $19,945,530 | IRS |
| 990 | December 2024 | $4,288,922 | $701,390 | $17,799,544 | IRS |
| 990 | December 2023 | $589,078 | $669,965 | $12,992,245 | XML |
| 990 | December 2022 | $752,065 | $648,398 | $16,143,309 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 58-2109680).
Questions about EPWORTH BY THE SEA ENDOWMENT FOUNDATION INCORPORASTED
- What is the EIN of EPWORTH BY THE SEA ENDOWMENT FOUNDATION INCORPORASTED?
- The employer identification number (EIN) of EPWORTH BY THE SEA ENDOWMENT FOUNDATION INCORPORASTED is 58-2109680.
- Is EPWORTH BY THE SEA ENDOWMENT FOUNDATION INCORPORASTED tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
- Are donations to EPWORTH BY THE SEA ENDOWMENT FOUNDATION INCORPORASTED tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does EPWORTH BY THE SEA ENDOWMENT FOUNDATION INCORPORASTED 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 EPWORTH BY THE SEA ENDOWMENT FOUNDATION INCORPORASTED 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 EPWORTH BY THE SEA ENDOWMENT FOUNDATION INCORPORASTED last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of EPWORTH BY THE SEA ENDOWMENT FOUNDATION INCORPORASTED?
- The 990 for the year ended December 31, 2025 names Russell Jacobs III.
- Who are the officers and directors of EPWORTH BY THE SEA ENDOWMENT FOUNDATION INCORPORASTED?
- The 990 for the year ended December 31, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does EPWORTH BY THE SEA ENDOWMENT FOUNDATION INCORPORASTED have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,735,293, expenses of $917,196 and total assets of $19,945,530 at year end.
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