Nonprofit · EIN 58-2489470
CHEROKEE CADDY SCHOLARSHIP FOUNDATION INC
Tax-exempt (reinstated) · ATLANTA, GA 30305
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $177,869 | $65,846 | $112,023 | $687,085 | $0 | $687,085 |
| December 31, 2023 | 990-PF | $45,206 | $57,270 | -$12,064 | $560,906 | $0 | $560,906 |
| December 31, 2022 | 990-PF | $41,559 | $39,940 | $1,619 | $567,817 | $0 | $567,817 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $57,740
- Dividends
- $6,410
- Net gain from sales of assets
- $113,719
Expenses
- Grants and similar amounts paid
- $37,500
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $47,581
- Excise tax on investment income
- $1,416
Balance sheet and other
- Total assets, start of year
- $560,906
- Total assets, end of year
- $687,085
- Total liabilities, end of year
- $0
- Net assets, end of year
- $687,085
- Fair market value of assets
- $788,359
- Qualifying distributions
- $47,581
- Net investment income
- $120,129
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 |
|---|---|---|---|
| TODD ROUNSAVILLE 8601 DUNWOODY PLACE BLDG 100 STE, 100, SANDY SPRINGS, GA 30350 | CHAIRMAN | 2 | $0 |
| MARK MONGELL 665 HIGHTOWER TRAIL, ATLANTA, GA 30305 | VICE-PRESIDENT | 2 | $0 |
| ANDY BERG ONE BUCKHEAD PLAZA PEACHTREE STREET, ATLANTA, GA 30305 | TREASURER | 2 | $0 |
| DAVID KESTERTON 3463 LANDEN PINE CT NE, ATLANTA, GA 30305 | SECRETARY | 2 | $0 |
| CAREY BROWN 4474 PACES BATTLE, ATLANTA, GA 30327 | DIRECTOR | 2 | $0 |
| VERNON O'NEAL 407 RIVERCLIFF POINT SE, MARIETTA, GA 30067 | DIRECTOR | 2 | $0 |
990-PF for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TODD ROUNSAVILLE 8601 DUNWOODY PLACE BLDG 100 STE, 100, SANDY SPRINGS, GA 30350 | CHAIRMAN | 2 | $0 |
| MARK MONGELL 665 HIGHTOWER TRAIL, ATLANTA, GA 30305 | VICE-PRESIDENT | 2 | $0 |
| ANDY BERG ONE BUCKHEAD PLAZA PEACHTREE STREET, ATLANTA, GA 30305 | TREASURER | 2 | $0 |
| DAVID KESTERTON 3463 LANDEN PINE CT NE, ATLANTA, GA 30305 | SECRETARY | 2 | $0 |
| CAREY BROWN 4474 PACES BATTLE, ATLANTA, GA 30327 | DIRECTOR | 2 | $0 |
| VERNON O'NEAL 407 RIVERCLIFF POINT SE, MARIETTA, GA 30067 | DIRECTOR | 2 | $0 |
990-PF for the year ended December 31, 2022: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TODD ROUNSAVILLE 8601 DUNWOODY PLACE BLDG 100 STE, 100, SANDY SPRINGS, GA 30350 | CHAIRMAN | 2 | $0 |
| MARK MONGELL 665 HIGHTOWER TRAIL, ATLANTA, GA 30305 | VICE-PRESIDENT | 2 | $0 |
| ANDY BERG ONE BUCKHEAD PLAZA PEACHTREE STREET, ATLANTA, GA 30305 | TREASURER | 2 | $0 |
| DAVID KESTERTON 3463 LANDEN PINE CT NE, ATLANTA, GA 30305 | SECRETARY | 2 | $0 |
| CAREY BROWN 4474 PACES BATTLE, ATLANTA, GA 30327 | DIRECTOR | 2 | $0 |
| VERNON O'NEAL 407 RIVERCLIFF POINT SE, MARIETTA, GA 30067 | DIRECTOR | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 155 WEST PACES FERRY ROAD NW 100, ATLANTA, GA 30305-1305
- In care of
- % RICHARD L CRAVEY
- Signed the 990-PF
- TODD ROUNSAVILLE, CHAIRMAN
- Phone
- (770) 393-2535
- Return prepared by
- FRAZIER & DEETER ADVISORY 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
- 58-2489470
- 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
- 2024
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $687,085
- Income (IRS master file)
- $330,516
Revocation and reinstatement
- Exemption revoked
- May 15, 2022
- Posted by the IRS
- August 8, 2022
- Reinstated
- Effective May 15, 2022
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $177,869 | $65,846 | $687,085 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $45,206 | $57,270 | $560,906 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990-PF | December 2022 | $41,559 | $39,940 | $567,817 | XML |
| 990-T | December 2022 | – | – | – | 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 58-2489470).
Questions about CHEROKEE CADDY SCHOLARSHIP FOUNDATION INC
- What is the EIN of CHEROKEE CADDY SCHOLARSHIP FOUNDATION INC?
- The employer identification number (EIN) of CHEROKEE CADDY SCHOLARSHIP FOUNDATION INC is 58-2489470.
- Is CHEROKEE CADDY SCHOLARSHIP FOUNDATION INC tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2022 and reinstated it effective May 15, 2022.
- Are donations to CHEROKEE CADDY SCHOLARSHIP FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does CHEROKEE CADDY SCHOLARSHIP FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of CHEROKEE CADDY SCHOLARSHIP 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 CHEROKEE CADDY SCHOLARSHIP 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 CHEROKEE CADDY SCHOLARSHIP FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
- How much revenue does CHEROKEE CADDY SCHOLARSHIP FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $177,869, expenses of $65,846 and total assets of $687,085 at year end.
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