Nonprofit · EIN 88-2961915
AYERS FOUNDATION TRUST
Tax-exempt · PARSONS, TN 38363
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-PF | $15,587,415 | $13,383,170 | $2,204,245 | $12,430,582 | $75,618 | $12,354,964 |
| June 30, 2024 | 990-PF | $6,590,256 | $6,666,105 | -$75,849 | $5,101,560 | $3,817,997 | $1,283,563 |
| June 30, 2023 | 990-PF | $1,517,174 | $149,204 | $1,367,970 | $2,739,045 | $1,371,075 | $1,367,970 |
Financial details: 990-PF for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $15,365,160
- Dividends
- $6,647
- Interest
- $103,081
- Net rental income
- -$19,175
- Net gain from sales of assets
- -$137
Expenses
- Grants and similar amounts paid
- $10,774,103
- Compensation of officers, directors and key employees
- $308,306
- Salaries, compensation and benefits (total)
- $1,163,158
- Disbursements for charitable purposes
- $13,220,003
- Excise tax on investment income
- $1,327
Balance sheet and other
- Total assets, start of year
- $5,101,560
- Total assets, end of year
- $12,430,582
- Total liabilities, end of year
- $75,618
- Net assets, end of year
- $12,354,964
- Fair market value of assets
- $12,430,582
- Qualifying distributions
- $19,507,430
- Net investment income
- $109,728
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SHANNON HAYNES PO Box 756, Parsons, TN 383630756 | CHIEF PROSPERITY OFFICER | 39 | $180,000 | $22,680 |
| BRIAN NOLEN PO BOX 756, PARSONS, TN 38363 | COUNSELOR Highest-paid employee | 40 | $71,842 | $13,247 |
| DARREN HART PO BOX 756, PARSONS, TN 38363 | COUNSELOR Highest-paid employee | 40 | $67,542 | $10,927 |
| JESSICA SUTHERLAND PO BOX 756, PARSONS, TN 38363 | COUNSELOR Highest-paid employee | 40 | $64,542 | $10,728 |
| KHRYSTIAN CRAVEN PO BOX 756, PARSONS, TN 38363 | COUNSELOR Highest-paid employee | 40 | $64,292 | $3,227 |
| CAITLYNN KLAASEN PO BOX 756, PARSONS, TN 38363 | RURAL ENG SPECIALIST Highest-paid employee | 40 | $62,000 | $2,034 |
| DR BURTON WILLIAMS PO Box 756, Parsons, TN 383630756 | CHIEF EXECUTIVE OFFICER | 6 | $30,188 | $3,050 |
| BLAKE DILL PO Box 756, Parsons, TN 383630756 | CHIEF OPERATING OFFICER | 6 | $18,240 | $2,027 |
| LORISA WILLIAMS PO Box 756, Parsons, TN 383630756 | ORG EFFECTIVENESS ADVISOR | 4 | $18,046 | $1,586 |
| DR MICHAEL PRICE PO Box 756, Parsons, TN 383630756 | VICE PRESIDENT | 16 | $15,000 | $0 |
| JAMES TROY GRANT PO Box 756, Parsons, TN 383630756 | C.S.O. UNTIL 9/3/2024 | 6 | $4,314 | $418 |
| SHAWN KIMBLE PO Box 756, Parsons, TN 383630756 | C.S.O. FROM 4/14/2025 | 6 | $3,872 | $11 |
| JAMES W AYERS PO Box 756, Parsons, TN 383630756 | CHAIRMAN UNTIL 4/1/2025 | 4 | $0 | $0 |
| JANET AYERS PO Box 756, Parsons, TN 383630756 | PRESIDENT | 10 | $0 | $0 |
| JO ANN LYNN PO Box 756, Parsons, TN 383630756 | DIRECTOR | 1 | $0 | $0 |
7 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KRISTY AYERS PO Box 756, Parsons, TN 383630756 | DIRECTOR UNTIL 3/19/2025 | 1 | $0 |
| LIN HOWARD ANDREWS PO Box 756, Parsons, TN 383630756 | DIRECTOR | 1 | $0 |
| CASSIE LYNN FOOTE PO Box 756, Parsons, TN 383630756 | DIRECTOR | 1 | $0 |
| DR AGENIA CLARK PO Box 756, Parsons, TN 383630756 | SECRETARY | 1 | $0 |
| LEE ANN INGRAM PO Box 756, Parsons, TN 383630756 | DIRECTOR | 1 | $0 |
| WINNIE BUNCH PO Box 756, Parsons, TN 383630756 | DIRECTOR | 1 | $0 |
| CHRIS LYNN PO Box 756, Parsons, TN 383630756 | DIRECTOR FROM 3/19/2025 | 1 | $0 |
990-PF for the year ended June 30, 2024: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SHANNON HAYNES PO Box 756, Parsons, TN 383630756 | CHIEF PROSPERITY OFFICER | 39 | $168,564 | $23,062 |
| DR BURTON WILLIAMS PO Box 756, Parsons, TN 383630756 | CHIEF EXECUTIVE OFFICER | 6 | $17,542 | $1,833 |
| JAMES TROY GRANT PO Box 756, Parsons, TN 383630756 | CHIEF SCHOLARS OFFICER | 6 | $11,918 | $1,588 |
| BLAKE DILL PO Box 756, Parsons, TN 383630756 | CHIEF OPERATING OFFICER | 6 | $10,216 | $1,205 |
| DR MICHAEL PRICE PO Box 756, Parsons, TN 383630756 | VICE PRESIDENT | 16 | $7,500 | $0 |
| LORISA WILLIAMS PO Box 756, Parsons, TN 383630756 | ORG EFFECTIVENESS ADVISOR | 4 | $5,738 | $557 |
| JAMES W AYERS PO Box 756, Parsons, TN 383630756 | CHAIRMAN | 4 | $0 | $0 |
| JANET AYERS PO Box 756, Parsons, TN 383630756 | PRESIDENT | 10 | $0 | $0 |
| JONATHAN AYERS PO Box 756, Parsons, TN 383630756 | DIRECTOR UNTIL 09/28/2023 | 3 | $0 | $0 |
| JO ANN LYNN PO Box 756, Parsons, TN 383630756 | DIRECTOR | 1 | $0 | $0 |
| KRISTY AYERS PO Box 756, Parsons, TN 383630756 | DIRECTOR | 1 | $0 | $0 |
| LIN HOWARD ANDREWS PO Box 756, Parsons, TN 383630756 | DIRECTOR | 1 | $0 | $0 |
| LEE ANN INGRAM PO Box 756, Parsons, TN 383630756 | DIRECTOR | 1 | $0 | $0 |
| CASSIE LYNN FOOTE PO Box 756, Parsons, TN 383630756 | DIRECTOR | 1 | $0 | $0 |
| DR AGENIA CLARK PO Box 756, Parsons, TN 383630756 | SECRETARY | 1 | $0 | $0 |
| WINNIE BUNCH PO Box 756, Parsons, TN 383630756 | Director From 12/05/2023 | 1 | $0 | $0 |
990-PF for the year ended June 30, 2023: 28 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LORISA WILLIAMS PO Box 756, Parsons, TN 383630756 | INTERIM DIRECTOR OF OPERATIONS | 40 | $240,380 |
| MICHAEL MEADOWS PO Box 756, Parsons, TN 383630756 | SENIOR DIRECTOR-POST SECONDARY | 40 | $156,041 |
| SUSAN JOHNSON RHODES PO Box 756, Parsons, TN 383630756 | EXECUTIVE DIRECTOR | 40 | $153,290 |
| LISA DIPASQUALE PO Box 756, Parsons, TN 383630756 | DIRECTOR OF ACCOUNTING | 40 | $124,317 |
| EMILY CHADWICK PO Box 756, Parsons, TN 383630756 | DIRECTOR OF HR | 40 | $100,633 |
| JESSE TURNER PO Box 756, Parsons, TN 383630756 | IT DIRECTOR | 40 | $95,351 |
| BLAKE DILL PO Box 756, Parsons, TN 383630756 | GRANT ADMIN/C.O.O. | 40 | $90,579 |
| ANGELA MARSHALL PO Box 756, Parsons, TN 383630756 | SENIOR DIRECTOR - EXPANSION | 40 | $78,402 |
| TAYLOR DILL PO Box 756, Parsons, TN 383630756 | DATA MANAGER | 40 | $78,260 |
| BRIANNA MORTON PO Box 756, Parsons, TN 383630756 | SCHOLARSHIP DIRECTOR | 40 | $74,408 |
| MARY GARNER PO Box 756, Parsons, TN 383630756 | MIDDLE TN REG. COORDINATOR | 40 | $74,103 |
| RECEY WILLIAMSON PO Box 756, Parsons, TN 383630756 | WEST TN REGIONAL DIRECTOR | 40 | $73,842 |
| JODI GILBERT PO Box 756, Parsons, TN 383630756 | EAST TN REGIONAL DIRECTOR | 40 | $73,303 |
| CHARLES LONG PO Box 756, Parsons, TN 383630756 | MIDDLE TN REGIONAL DIRECTOR | 40 | $62,447 |
| DR MICHAEL PRICE PO Box 756, Parsons, TN 383630756 | VICE PRESIDENT | 16 | $12,238 |
| JAMES W AYERS PO Box 756, Parsons, TN 383630756 | CHAIRMAN | 5 | $0 |
| JANET AYERS PO Box 756, Parsons, TN 383630756 | PRESIDENT | 15 | $0 |
| JONATHAN AYERS PO Box 756, Parsons, TN 383630756 | DIRECTOR | 3 | $0 |
| JO ANN LYNN PO Box 756, Parsons, TN 383630756 | DIRECTOR | 1 | $0 |
| KRISTY AYERS PO Box 756, Parsons, TN 383630756 | DIRECTOR | 1 | $0 |
| LIN HOWARD ANDREWS PO Box 756, Parsons, TN 383630756 | DIRECTOR | 1 | $0 |
| LEE ANN INGRAM PO Box 756, Parsons, TN 383630756 | DIRECTOR | 1 | $0 |
| CASSIE LYNN FOOTE PO Box 756, Parsons, TN 383630756 | DIRECTOR | 1 | $0 |
| DR AGENIA CLARK PO Box 756, Parsons, TN 383630756 | SECRETARY | 1 | $0 |
| DR BURTON WILLIAMS PO Box 756, Parsons, TN 383630756 | CHIEF EXECUTIVE OFFICER | 40 | $0 |
| TROY GRANT PO Box 756, Parsons, TN 383630756 | CHIEF SCHOLARS OFFICER | 40 | $0 |
| SHANNON HAYNES PO Box 756, Parsons, TN 383630756 | CHIEF PROSPERITY OFFICER | 40 | $0 |
| MARCIA RHODES PO Box 756, Parsons, TN 383630756 | DIRECTOR OF ACCOUNTING | 40 | $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) 847-0632
- 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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-PF on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-PF on file |
IRS record
- EIN
- 88-2961915
- 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
- 2022
- Accounting year ends
- June
- Files
- Form 990-PF
- Category (NTEE)
- Education (B99)
- Assets (IRS master file)
- $12,430,582
- Income (IRS master file)
- $15,800,791
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | June 2025 | $15,587,415 | $13,383,170 | $12,430,582 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990-PF | June 2024 | $6,590,256 | $6,666,105 | $5,101,560 | XML |
| 990-T | June 2024 | – | – | – | IRS |
| 990-PF | June 2023 | $1,517,174 | $149,204 | $2,739,045 | XML |
| 990-PF | June 2022 | – | – | – | 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 88-2961915).
Questions about AYERS FOUNDATION TRUST
- What is the EIN of AYERS FOUNDATION TRUST?
- The employer identification number (EIN) of AYERS FOUNDATION TRUST is 88-2961915.
- Is AYERS FOUNDATION TRUST tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to AYERS FOUNDATION TRUST tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
- Which annual return does AYERS FOUNDATION TRUST file?
- Form 990-PF. Private foundations file every year.
- When is the next return of AYERS FOUNDATION TRUST due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did AYERS FOUNDATION TRUST last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended June 2025.
- Who are the officers and directors of AYERS FOUNDATION TRUST?
- The 990-PF for the year ended June 30, 2025 lists 22 people; 12 received compensation from the organization, the highest $180,000 (SHANNON HAYNES, CHIEF PROSPERITY OFFICER).
- How much revenue does AYERS FOUNDATION TRUST have?
- On its 990-PF for the year ended June 30, 2025 it reported revenue of $15,587,415, expenses of $13,383,170 and total assets of $12,430,582 at year end.
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