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Nonprofit · EIN 58-6036859

COURTS FOUNDATION INC

Tax-exempt · ATLANTA, GA 30327

Financials

−$888K$1.8M2023$9M$1.9M2024
Revenue Expenses · by fiscal year end
Financials of COURTS FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$9,040,538$1,937,210$7,103,328$38,269,865$332,885$37,936,980
December 31, 2023990-PF-$887,611$1,763,437-$2,651,048$32,535,872$232,885$32,302,987
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$146,075
Net gain from sales of assets
$8,894,463

Expenses

Grants and similar amounts paid
$1,600,068
Compensation of officers, directors and key employees
$29,170
Salaries, compensation and benefits (total)
$49,227
Disbursements for charitable purposes
$1,692,802
Excise tax on investment income
$123,656

Balance sheet and other

Total assets, start of year
$32,535,872
Total assets, end of year
$38,269,865
Total liabilities, end of year
$332,885
Net assets, end of year
$37,936,980
Fair market value of assets
$38,269,865
Qualifying distributions
$1,692,802
Net investment income
$9,040,538

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.

NameTitleHours / weekCompensation
ERIN BOORN
4401 NORTHSIDE PARKWAY SUITE 950, ATLANTA, GA 30327
EXECUTIVE DIRECTOR1$29,170
RW COURTS II
4401 NORTHSIDE PARKWAY SUITE 950, ATLANTA, GA 30327
CHAIRMAN3$0
T BRADBURY COURTS
4401 NORTHSIDE PARKWAY SUITE 950, ATLANTA, GA 30327
VICE CHAIRMAN1$0
CLAY L COURTS
4401 NORTHSIDE PARKWAY SUITE 950, ATLANTA, GA 30327
SECRETARY/TREASURER1$0
LYNDA B COURTS
4401 NORTHSIDE PARKWAY SUITE 950, ATLANTA, GA 30327
TRUSTEE1$0
MALON W COURTS
4401 NORTHSIDE PARKWAY SUITE 950, ATLANTA, GA 30327
TRUSTEE1$0
RICHARD W COURTS IV
4401 NORTHSIDE PARKWAY SUITE 950, ATLANTA, GA 30327
TRUSTEE1$0
990-PF for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
ERIN BOORN
4401 NORTHSIDE PARKWAY SUITE 950, ATLANTA, GA 30327
EXECUTIVE DIRECTOR1$33,116
BETSY H VERNER
4401 NORTHSIDE PARKWAY SUITE 950, ATLANTA, GA 30327
EXECUTIVE DIRECTOR1$26,366
RW COURTS II
4401 NORTHSIDE PARKWAY SUITE 950, ATLANTA, GA 30327
CHAIRMAN3$0
T BRADBURY COURTS
4401 NORTHSIDE PARKWAY SUITE 950, ATLANTA, GA 30327
VICE CHAIRMAN1$0
CLAY L COURTS
4401 NORTHSIDE PARKWAY SUITE 950, ATLANTA, GA 30327
SECRETARY/TREASURER1$0
LYNDA B COURTS
4401 NORTHSIDE PARKWAY SUITE 950, ATLANTA, GA 30327
TRUSTEE1$0
MALON W COURTS
4401 NORTHSIDE PARKWAY SUITE 950, ATLANTA, GA 30327
TRUSTEE1$0
RICHARD W COURTS IV
4401 NORTHSIDE PARKWAY SUITE 950, ATLANTA, GA 30327
TRUSTEE1$0

Address and contacts

Address (IRS master file)
4401 NORTHSIDE PARKWAY SUITE 950, ATLANTA, GA 30327-3065
Signed the 990-PF
RW COURTS II, CHAIRMAN/PRESIDENT
Phone
(404) 523-6057
Return prepared by
MOORE COLSON & COMPANY PC

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
58-6036859
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
1972
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$38,269,865
Income (IRS master file)
$35,761,008

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$9,040,538$1,937,210$38,269,865IRS
990-TDecember 2024–––IRS
990-PFDecember 2023-$887,611$1,763,437$32,535,872XML
990-TDecember 2023–––IRS
990-PFDecember 2022–––IRS
990-TDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-TDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-TDecember 2020–––IRS
990-PFDecember 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 58-6036859).

Questions about COURTS FOUNDATION INC

What is the EIN of COURTS FOUNDATION INC?
The employer identification number (EIN) of COURTS FOUNDATION INC is 58-6036859.
Is COURTS FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1972.
Are donations to COURTS FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does COURTS FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of COURTS 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 COURTS 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 COURTS FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 7 people; 1 received compensation from the organization, the highest $29,170 (ERIN BOORN, EXECUTIVE DIRECTOR).
How much revenue does COURTS FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $9,040,538, expenses of $1,937,210 and total assets of $38,269,865 at year end.

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