Nonprofit · EIN 71-6152969
ALTON E & THELMA MCCARTNEY SCHOLARSHIP TR
Tax-exempt · NEWPORT, AR 72112
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $224,762 | $343,401 | -$118,639 | $3,024,560 | $0 | $3,024,560 |
| December 31, 2024 | 990-PF | $182,715 | $351,775 | -$169,060 | $3,143,199 | $0 | $3,143,199 |
| December 31, 2023 | 990-PF | $245,617 | $360,311 | -$114,694 | $3,224,457 | $0 | $3,224,457 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $145,551
- Interest
- $1,946
- Net rental income
- $6,516
- Net gain from sales of assets
- $16,437
- Other income
- $16,084
Expenses
- Grants and similar amounts paid
- $269,801
- Compensation of officers, directors and key employees
- $21,440
- Disbursements for charitable purposes
- $269,801
- Excise tax on investment income
- $1,878
Balance sheet and other
- Total assets, start of year
- $3,143,199
- Total assets, end of year
- $3,024,560
- Total liabilities, end of year
- $0
- Net assets, end of year
- $3,024,560
- Fair market value of assets
- $5,533,075
- Qualifying distributions
- $269,801
- Net investment income
- $208,678
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MERCHANTS AND PLANTERS BANK PO BOX 650, NEWPORT, AR 72112 | N/A | 5 | $21,440 |
990-PF for the year ended December 31, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MERCHANTS AND PLANTERS BANK PO BOX 650, NEWPORT, AR 72112 | N/A | 5 | $22,315 |
990-PF for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MERCHANTS AND PLANTERS BANK PO BOX 650, NEWPORT, AR 72112 | N/A | 5 | $23,858 |
Address and contacts
- Address (IRS master file)
- PO BOX 650, NEWPORT, AR 72112-0650
- In care of
- % MERCHANTS & PLANTERS BK OF NWPORT
- Signed the 990-PF
- NATE WATSON, TRUSTEE
- Phone
- (870) 526-3601
- Return prepared by
- MICHAEL N TURNER CPA PA
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 | 990-PF 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
- 71-6152969
- 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
- 1996
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Education (B82Z)
- Assets (IRS master file)
- $3,024,560
- Income (IRS master file)
- $758,890
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $224,762 | $343,401 | $3,024,560 | XML |
| 990-PF | December 2024 | $182,715 | $351,775 | $3,143,199 | XML |
| 990-PF | December 2023 | $245,617 | $360,311 | $3,224,457 | 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 71-6152969).
Questions about ALTON E & THELMA MCCARTNEY SCHOLARSHIP TR
- What is the EIN of ALTON E & THELMA MCCARTNEY SCHOLARSHIP TR?
- The employer identification number (EIN) of ALTON E & THELMA MCCARTNEY SCHOLARSHIP TR is 71-6152969.
- Is ALTON E & THELMA MCCARTNEY SCHOLARSHIP TR tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to ALTON E & THELMA MCCARTNEY SCHOLARSHIP TR tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does ALTON E & THELMA MCCARTNEY SCHOLARSHIP TR file?
- Form 990-PF. Private foundations file every year.
- When is the next return of ALTON E & THELMA MCCARTNEY SCHOLARSHIP TR due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ALTON E & THELMA MCCARTNEY SCHOLARSHIP TR last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of ALTON E & THELMA MCCARTNEY SCHOLARSHIP TR?
- The 990-PF for the year ended December 31, 2025 lists 1 person; 1 received compensation from the organization, the highest $21,440 (MERCHANTS AND PLANTERS BANK, N/A).
- How much revenue does ALTON E & THELMA MCCARTNEY SCHOLARSHIP TR have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $224,762, expenses of $343,401 and total assets of $3,024,560 at year end.
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