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Nonprofit · EIN 63-0942092

EDWARD E PESNELL FOUNDATION INC

Tax-exempt · GADSDEN, AL 35904

Financials

$201K$284K2022$322K$224K2023$328K$229K2024
Revenue Expenses · by fiscal year end
Financials of EDWARD E PESNELL FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$328,162$228,773$99,389$4,808,676$0$4,808,676
September 30, 2024990$321,678$224,345$97,333$4,709,287$0$4,709,287
September 30, 2023990$201,038$283,795-$82,757$4,645,525$33,571$4,611,954
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$180,000
Investment income
$148,162
Other revenue
$0

Expenses

Grants and similar amounts paid
$150,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$2,484
Occupancy
$7,534
Depreciation
$58,695
Program services (functional)
$216,229
Management and general (functional)
$12,544

Balance sheet and other

Total assets, start of year
$4,709,287
Total assets, end of year
$4,808,676
Total liabilities, end of year
$0
Net assets, end of year
$4,808,676
Land, buildings and equipment
$1,135,792
Publicly traded securities
$513,271
Net assets without donor restrictions
$4,808,676
Gross receipts
$328,162
Employees
0
Volunteers
0
Year formed
1980
State of legal domicile
AL

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 September 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
GINGER COBIAPRESIDENT
Trustee or director, Officer
1$0
CYNTHIA TOLESVICE PRESIDENT
Trustee or director, Officer
1$0
JESSICA SLATENSECRETARY / TREASURER
Trustee or director, Officer
1$0
RANDY CAMPBELLBOARD MEMBER
Trustee or director
1$0
MATT CUMMINGSBOARD MEMBER
Trustee or director
1$0
GARY PRUITTBOARD MEMBER
Trustee or director
1$0
990 for the year ended September 30, 2024: 7 people
NameTitleHours / weekCompensation
GINGER COBIAPRESIDENT
Trustee or director, Officer
1$0
RICKY TILLISVICE PRESIDENT
Trustee or director, Officer
1$0
CYNTHIA TOLESSECRETARY / TREASURER
Trustee or director, Officer
1$0
MATT CUMMINGSBOARD MEMBER
Trustee or director
1$0
RANDY CAMPBELLBOARD MEMBER
Trustee or director
1$0
GARY PRUITTBOARD MEMBER
Trustee or director
1$0
JESSICA SLATENBOARD MEMBER
Trustee or director
1$0
990 for the year ended September 30, 2023: 6 people
NameTitleHours / weekCompensation
GINGER COBIAPRESIDENT
Trustee or director, Officer
1$0
RICKY TILLISVICE PRESIDENT
Trustee or director, Officer
1$0
CYNTHIA TOLESSECRETARY / TREASURER
Trustee or director, Officer
1$0
MATT CUMMINGSBOARD MEMBER
Trustee or director
1$0
RANDY CAMPBELLBOARD MEMBER
Trustee or director
1$0
GARY PRUITTBOARD MEMBER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
3232 LAY SPRINGS RD, GADSDEN, AL 35904-8611
Principal officer (990 for 2024)
GINGER COBIA, 3232 LAY SPRINGS ROAD, GADSDEN, AL 35904
Signed the 990
GINGER COBIA, PRESIDENT
Phone
(256) 546-6324
Return prepared by
BMSS LLC

Mission

TO OWN, LEASE, CONVEY, OR OTHERWISE DEAL IN REAL ESTATE OR PERSONAL PROPERTY FOR THE PURPOSE OF CARRYING OUT THE PURPOSES OF THE ORGANIZATION, WHICH IS TO PROVIDE FOR THE PREVENTION OF DRUG ABUSE AND TREATMENT OF INDIVIDUALS WHO SUFFER FROM DRUG ADDICTION OR ABUSE.

990 for the year ended September 30, 2025

Program accomplishments

  • TO OWN, LEASE, CONVEY, OR OTHERWISE DEAL IN REAL ESTATE OR PERSONAL PROPERTY FOR THE PURPOSE OF CARRYING OUT THE PURPOSES OF THE ORGANIZATION, WHICH IS TO PROVIDE FOR THE PREVENTION OF DRUG ABUSE AND TREATMENT OF INDIVIDUALS WHO SUFFER FROM DRUG ADDICTION OR ABUSE.
    Expenses $216,229 · revenue $180,000

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 September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 15, 2027Not due yet
2024September 30, 2025February 16, 2026990 on file
2023September 30, 2024February 17, 2025990 on file

IRS record

EIN
63-0942092
Tax-exempt status
501(c)(2): Title-holding corporation
Donations deductible
No
Exempt since
1989
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,808,676
Income (IRS master file)
$328,162

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$328,162$228,773$4,808,676XML
990September 2024$321,678$224,345$4,709,287XML
990September 2023$201,038$283,795$4,645,525XML
990September 2022$942,172$323,091$4,700,705IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 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 63-0942092).

Questions about EDWARD E PESNELL FOUNDATION INC

What is the EIN of EDWARD E PESNELL FOUNDATION INC?
The employer identification number (EIN) of EDWARD E PESNELL FOUNDATION INC is 63-0942092.
Is EDWARD E PESNELL FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(2) since 1989.
Are donations to EDWARD E PESNELL FOUNDATION INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does EDWARD E PESNELL FOUNDATION 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 EDWARD E PESNELL FOUNDATION INC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did EDWARD E PESNELL FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of EDWARD E PESNELL FOUNDATION INC?
The 990 for the year ended September 30, 2025 names GINGER COBIA.
Who are the officers and directors of EDWARD E PESNELL FOUNDATION INC?
The 990 for the year ended September 30, 2025 lists 6 people; 0 received compensation from the organization.
How much revenue does EDWARD E PESNELL FOUNDATION INC have?
On its 990 for the year ended September 30, 2025 it reported revenue of $328,162, expenses of $228,773 and total assets of $4,808,676 at year end.

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