Nonprofit · EIN 84-4085732
4TH PURPOSE FOUNDATION
Tax-exempt · KNOXVILLE, TN 37902
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $779,843 | $753,223 | $26,620 | $12,834,331 | $2,784,474 | $10,049,857 |
| December 31, 2023 | 990 | $610,284 | $636,092 | -$25,808 | $12,511,974 | $2,874,750 | $9,637,224 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $134,250
- of which government grants
- $24,000
- Program service revenue
- $0
- Investment income
- $318,039
- Net rental income
- $327,554
- Net gain from sales of assets
- $150,354
- Other revenue
- $327,554
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $166,972
- Salaries, compensation and benefits (total)
- $189,566
- Professional fundraising fees
- $0
- Occupancy
- $400
- Travel
- $72,893
- Depreciation
- $94,246
- Program services (functional)
- $647,243
- Management and general (functional)
- $105,980
Balance sheet and other
- Total assets, start of year
- $12,511,974
- Total assets, end of year
- $12,834,331
- Total liabilities, end of year
- $2,784,474
- Net assets, end of year
- $10,049,857
- Land, buildings and equipment
- $5,148,227
- Net assets without donor restrictions
- $10,049,857
- Gross receipts
- $779,843
- Employees
- 3
- Volunteers
- 5
- Year formed
- 2019
- State of legal domicile
- TN
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CYNTOIA BROWN LONG | REGULAR MANA Trustee or director | 0.2 | $0 |
| BRETT TOLLMAN | REGULAR MANA Trustee or director | 0.2 | $0 |
| JOSH SMITH | PRESIDENT & Trustee or director, Officer | 1 | $0 |
| TRACY SMITH | SPECIAL MANA Trustee or director | 0.2 | $0 |
| BRYAN COLLIER | REGULAR MANA Trustee or director | 0.2 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CYNTOIA BROWN LONG | REGULAR MANA Trustee or director | 0.2 | $0 |
| BRETT TOLLMAN | REGULAR MANA Trustee or director | 0.2 | $0 |
| JOSH SMITH | PRESIDENT & Trustee or director, Officer | 1 | $0 |
| TRACY SMITH | SPECIAL MANA Trustee or director | 0.2 | $0 |
| BRYAN COLLIER | REGULAR MANA Trustee or director | 0.2 | $0 |
Address and contacts
- Address (IRS master file)
- 520 W SUMMIT HILL DR STE 1101, KNOXVILLE, TN 37902-2012
- Principal officer (990 for 2024)
- JOSH SMITH, 520 W SUMMIT HILL DRIVE SUITE 1101, KNOXVILLE, TN 37902
- Signed the 990
- JOSH SMITH, PRESIDENT & CHAIR
- Phone
- (865) 524-1223
- Website
- 4THPURPOSE.ORG
- Return prepared by
- BROWN JAKE & MCDANIEL PC
Mission
4TH PURPOSE FOUNDATION WAS CREATED TO BE A CATALYST TO MAKE PRISON A PLACE OF TRANSFORMATION.
Program accomplishments
- MAKE PRISON A PLACE OF TRANSFORMATION BY MAKING A POSITIVE IMPACT TO OUR PRISON SYSTEMS ACROSS THE COUNTRY THROUGH RESOURCES, EDUCATION, AND SUPPORT AROUND CORRECTION STAFF MEMBERS, INMATES, AND THE GREATER COMMUNITY.Expenses $647,243
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 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 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 84-4085732
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2020
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T30)
- Assets (IRS master file)
- $12,834,331
- Income (IRS master file)
- $779,843
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $779,843 | $753,223 | $12,834,331 | XML |
| 990 | December 2023 | $610,284 | $636,092 | $12,511,974 | XML |
| 990 | December 2022 | $593,650 | $1,139,331 | $12,575,228 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 84-4085732).
Questions about 4TH PURPOSE FOUNDATION
- What is the EIN of 4TH PURPOSE FOUNDATION?
- The employer identification number (EIN) of 4TH PURPOSE FOUNDATION is 84-4085732.
- Is 4TH PURPOSE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to 4TH PURPOSE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does 4TH PURPOSE FOUNDATION 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 4TH PURPOSE 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 4TH PURPOSE FOUNDATION 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 4TH PURPOSE FOUNDATION?
- The 990 for the year ended December 31, 2024 names JOSH SMITH.
- Who are the officers and directors of 4TH PURPOSE FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does 4TH PURPOSE FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $779,843, expenses of $753,223 and total assets of $12,834,331 at year end.
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All nonprofits in KNOXVILLE · Tennessee · Philanthropy, voluntarism and grantmaking foundations