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Nonprofit · EIN 62-0863624

INN OF LAST RESORT INC

Tax-exempt · FRANKLIN, NC 28734

Financials

$335K$551K2023$382K$507K2024
Revenue Expenses · by fiscal year end
Financials of INN OF LAST RESORT INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$382,119$507,306-$125,187$1,191,592$3,829$1,187,763
December 31, 2023990$335,035$551,495-$216,460$1,320,950$8,000$1,312,950
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$358,617
Program service revenue
$23,329
Investment income
$123
Net income from sales of inventory
$50
Other revenue
$50

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$124,119
Other salaries and wages
$86,889
Salaries, compensation and benefits (total)
$248,129
Professional fundraising fees
$0
Accounting fees
$20,415
Occupancy
$71,080
Depreciation
$54,672
Program services (functional)
$413,714
Management and general (functional)
$43,602
Fundraising (functional)
$49,990

Balance sheet and other

Total assets, start of year
$1,320,950
Total assets, end of year
$1,191,592
Total liabilities, end of year
$3,829
Net assets, end of year
$1,187,763
Land, buildings and equipment
$1,087,609
Net assets without donor restrictions
$1,178,781
Net assets with donor restrictions
$8,982
Gross receipts
$382,119
Employees
14
Volunteers
45
Year formed
1971
State of legal domicile
NC

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.

NameTitleHours / weekCompensationOther / benefits
LARRY PONSDIRECTOR
Trustee or director, Officer
40$51,751$7,000
SETH WILLIAMSEXECUTIVE DIRECTOR
Officer
40$49,624$7,000
SUSAN PONSDIRECTOR
Trustee or director
40$22,744$7,000
TIM BRYANTPRESIDENT
Trustee or director, Officer
6$0$0
ANGIE BRYANTSECRETARY
Trustee or director, Officer
1$0$0
CHRIS FLOWERSDIRECTOR
Trustee or director
1$0$0
ANDREA FLOWERSDIRECTOR
Trustee or director
1$0$0
JOHN SAPPTREASURER
Trustee or director, Officer
5$0$0
CHRISTINA SAPPDIRECTOR
Trustee or director
10$0$0
KEVIN BECKETTVICE PRESIDENT
Trustee or director, Officer
1$0$0
ELLIE BECKETTDIRECTOR
Trustee or director
1$0$0
SETH GORDYDIRECTOR
Trustee or director
1$0$0
JENNIFER GORDYDIRECTOR
Trustee or director
1$0$0
BILL EUBANKDIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensationOther / benefits
LARRY PONSBOARD MEMBER
Trustee or director, Key employee
40$37,144$27,004
SETH WILLIAMSEXECUTIVE DIRECTOR
Key employee
40$49,624$6,500
SUSAN PONSBOARD MEMBER
Trustee or director
40$27,600$7,000
KEVIN ELLIE BECKETTVICE PRESIDENT/DIRECTOR
Trustee or director, Officer
1$0$0
TIM ANGIE BRYANTBOARD MEMBER, PRESIDENT, SECRETARY
Trustee or director, Officer
1$0$0
BILL EUBANKBOARD MEMBER
Trustee or director
1$0$0
SALLY FESPERMANBOARD MEMBER
Trustee or director
1$0$0
CHRISTINA SAPPBOARD MEMBER
Trustee or director
10$0$0
SETH JENN GORDYBOARD MEMBER
Trustee or director
1$0$0
JOHN SAPPBOARD MEMBER/TREASURER
Trustee or director
5$0$0
CHRIS ANDREA FLOWERSBOARD MEMBER
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
234 WATCHMAN LN, FRANKLIN, NC 28734-8138
In care of
% 4
Principal officer (990 for 2024)
LARRY PONS, 234 WATCHMAN LANE, FRANKLIN, NC 28734
Signed the 990
LARRY PONS, OFFICER
Phone
(828) 524-5741
Return prepared by
BERNARD ROBINSON & COMPANY LLP

Mission

THE INN OF LAST RESORT HAS A MISSION FOCUSED ON CHRISTIAN TRAINING AND DISCIPLESHIP OF LEADERS, FAMILIES AND YOUNG PEOPLE, RESTORATION AND HEALING, AND IMMERSION IN CHRIST. THE GOAL OF THE MINISTRY IS TO DEVELOP AN UNDERSTANDING OF RELATIONSHIPS AND FAMILY CULTURE THROUGH AN ENCOURNTER WITH CHRIST.

990 for the year ended December 31, 2024

Program accomplishments

  • TRAINING INDIVIDUALS AND FAMILIES FOR CHRISTIAN LIVING AND SERVICE
    Expenses $413,714 · revenue $23,379

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

IRS record

EIN
62-0863624
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1973
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,191,592
Income (IRS master file)
$382,119

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$382,119$507,306$1,191,592XML
990December 2023$335,035$551,495$1,320,950XML
990December 2022$557,186$579,193$1,550,595IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––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 62-0863624).

Questions about INN OF LAST RESORT INC

What is the EIN of INN OF LAST RESORT INC?
The employer identification number (EIN) of INN OF LAST RESORT INC is 62-0863624.
Is INN OF LAST RESORT INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1973.
Are donations to INN OF LAST RESORT INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does INN OF LAST RESORT INC 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 INN OF LAST RESORT 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 INN OF LAST RESORT INC 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 INN OF LAST RESORT INC?
The 990 for the year ended December 31, 2024 names LARRY PONS.
Who are the officers and directors of INN OF LAST RESORT INC?
The 990 for the year ended December 31, 2024 lists 14 people; 3 received compensation from the organization, the highest $51,751 (LARRY PONS, DIRECTOR).
How much revenue does INN OF LAST RESORT INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $382,119, expenses of $507,306 and total assets of $1,191,592 at year end.

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