Nonprofit · EIN 62-1773033
AYERS FOUNDATION
Tax-exempt · PARSONS, TN 38363
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $26,114 | $255,796 | -$229,682 | $9,447,339 | $0 | $9,447,339 |
| December 31, 2023 | 990-PF | $146,732 | $2,633,645 | -$2,486,913 | $9,716,792 | $41,709 | $9,675,083 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Dividends
- $3,774
- Interest
- $21,908
- Net gain from sales of assets
- $142
- Other income
- $290
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $11,968
- Excise tax on investment income
- $215
Balance sheet and other
- Total assets, start of year
- $9,716,792
- Total assets, end of year
- $9,447,339
- Total liabilities, end of year
- $0
- Net assets, end of year
- $9,447,339
- Fair market value of assets
- $9,447,339
- Qualifying distributions
- $11,968
- Net investment income
- $25,824
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 |
|---|---|---|---|
| JAMES W AYERS PO Box 756, PO Box 217, Parsons, TN 38363 | CHAIRMAN | 4 | $0 |
| DR AGENIA CLARK PO Box 756, PO Box 217, Parsons, TN 38363 | SECRETARY | 1 | $0 |
| JANET AYERS PO Box 756, PO Box 217, Parsons, TN 38363 | PRESIDENT | 10 | $0 |
| JOANN LYNN PO Box 756, PO Box 217, Parsons, TN 38363 | DIRECTOR | 1 | $0 |
| KRISTY AYERS PO Box 756, PO Box 217, Parsons, TN 38363 | DIRECTOR | 1 | $0 |
| LIN HOWARD ANDREWS PO Box 756, PO Box 217, Parsons, TN 38363 | DIRECTOR | 1 | $0 |
| LEE ANN INGRAM PO Box 756, PO Box 217, Parsons, TN 38363 | DIRECTOR | 1 | $0 |
| CASSIE LYNN FOOTE PO Box 756, PO Box 217, Parsons, TN 38363 | DIRECTOR | 1 | $0 |
| DR MICHAEL PRICE PO Box 756, Parsons, TN 38363 | VICE PRESIDENT | 16 | $0 |
| WINNIE BUNCH PO Box 756, Parsons, TN 38363 | DIRECTOR | 1 | $0 |
| DR BURTON WILLIAMS PO Box 756, Parsons, TN 38363 | CHIEF EXECUTIVE OFFICER | 6 | $0 |
| LORISA WILLIAMS PO Box 756, Parsons, TN 38363 | ORG EFFECTIVENESS ADVISOR | 4 | $0 |
| JAMES TROY GRANT PO Box 756, Parsons, TN 38363 | CHIEF SCHOLARS OFFICER | 6 | $0 |
| BLAKE DILL PO Box 756, Parsons, TN 38363 | CHIEF OPERATING OFFICER | 6 | $0 |
| SHANNON HAYNES PO Box 756, Parsons, TN 38363 | CHIEF PROSPERITY OFFICER | 6 | $0 |
990-PF for the year ended December 31, 2023: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR JAMES BURTON WILLIAMS PO BOX 756, PARSONS, TN 38363 | CEO Highest-paid employee | 40 | $267,618 |
| MICHAEL MEADOWS PO BOX 756, PARSONS, TN 38363 | DIRECTOR POST-SECOND Highest-paid employee | 40 | $166,426 |
| LORISA WILLIAMS PO BOX 756, PARSONS, TN 38363 | DIRECTOR Highest-paid employee | 40 | $155,327 |
| JAMES GRANT PO BOX 756, PARSONS, TN 38363 | EMPLOYEE Highest-paid employee | 40 | $149,891 |
| BLAKE DILL PO BOX 756, PARSONS, TN 38363 | COO Highest-paid employee | 40 | $146,711 |
| JAMES W AYERS PO Box 756, PO Box 217, Parsons, TN 38363 | CHAIRMAN | 5 | $0 |
| JON AYERS PO Box 756, PO Box 217, Parsons, TN 38363 | DIRECTOR | 3 | $0 |
| DR AGENIA CLARK PO Box 756, PO Box 217, Parsons, TN 38363 | SECRETARY | 1 | $0 |
| JANET AYERS PO Box 756, PO Box 217, Parsons, TN 38363 | PRESIDENT | 15 | $0 |
| JOANN LYNN PO Box 756, PO Box 217, Parsons, TN 38363 | DIRECTOR | 1 | $0 |
| KRISTY AYERS PO Box 756, PO Box 217, Parsons, TN 38363 | DIRECTOR | 1 | $0 |
| LIN HOWARD ANDREWS PO Box 756, PO Box 217, Parsons, TN 38363 | DIRECTOR | 1 | $0 |
| LEE ANN INGRAM PO Box 756, PO Box 217, Parsons, TN 38363 | DIRECTOR | 1 | $0 |
| CASSIE LYNN FOOTE PO Box 756, PO Box 217, Parsons, TN 38363 | DIRECTOR | 1 | $0 |
| DR MICHAEL PRICE PO Box 756, Parsons, TN 38363 | VICE PRESIDENT | 5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 756, PARSONS, TN 38363-0756
- In care of
- % THE ORGANIZATION
- Signed the 990-PF
- JANET AYERS, PRESIDENT
- Phone
- (731) 847-4962
- Website
- theayersfoundation.org
- Return prepared by
- BDO USA
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
- 62-1773033
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private operating foundation
- Donations deductible (Pub 78)
- Private operating foundation, 50% limit
- Exempt since
- 1999
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $9,447,339
- Income (IRS master file)
- $26,757
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $26,114 | $255,796 | $9,447,339 | XML |
| 990-PF | December 2023 | $146,732 | $2,633,645 | $9,716,792 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | 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 62-1773033).
Questions about AYERS FOUNDATION
- What is the EIN of AYERS FOUNDATION?
- The employer identification number (EIN) of AYERS FOUNDATION is 62-1773033.
- Is AYERS FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to AYERS FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
- Which annual return does AYERS FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of AYERS 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 AYERS FOUNDATION 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 AYERS FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 15 people; 0 received compensation from the organization.
- How much revenue does AYERS FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $26,114, expenses of $255,796 and total assets of $9,447,339 at year end.
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All nonprofits in PARSONS · Tennessee · Philanthropy, voluntarism and grantmaking foundations