Nonprofit · EIN 88-3856338
SILO SQUARE FOUNDATION INC
Tax-exempt · SOUTHAVEN, MS 38672
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $398,555 | $533,171 | -$134,616 | $271,971 | $7,367 | $264,604 |
| December 31, 2023 | 990 | $454,711 | $71,813 | $382,898 | $399,635 | $415 | $399,220 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $398,315
- of which government grants
- $2,000
- Membership dues
- $304
- Program service revenue
- $0
- Investment income
- $240
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $524,824
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $8,000
- Program services (functional)
- $524,824
- Management and general (functional)
- $8,347
Balance sheet and other
- Total assets, start of year
- $399,635
- Total assets, end of year
- $271,971
- Total liabilities, end of year
- $7,367
- Net assets, end of year
- $264,604
- Net assets without donor restrictions
- $4,215
- Net assets with donor restrictions
- $260,389
- Gross receipts
- $398,555
- Employees
- 0
- Year formed
- 2022
- State of legal domicile
- MS
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 |
|---|---|---|---|
| BRIAN HILL | PRESIDENT Officer | 2 | $0 |
| DEBORAH HILL | VICE PRESIDE Officer | 1 | $0 |
| ALEXIS HILL | SECRETARY Officer | 3 | $0 |
| MEAGAN FARRELL | TREASURER Officer | 0.5 | $0 |
| BARRY BRIDGFORTH | INCORPORATOR Officer | 0.5 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRIAN HILL | PRESIDENT Officer | 2 | $0 |
| DEBORAH HILL | VICE PRESIDE Officer | 1 | $0 |
| ALEXIS HILL | SECRETARY Trustee or director, Officer | 3 | $0 |
| MEAGAN FARRELL | TREASURER Officer | 0.5 | $0 |
| BARRY BRIDGFORTH | INCORPORATOR Officer | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 2767 MAY BLVD STE 1, SOUTHAVEN, MS 38672-6491
- In care of
- % ALEXIS HILL
- Mailing address (990-N for 2022)
- 1074 THOUSAND OAKS DR STE 1, HERNANDO MS 38632
- Principal officer (990 for 2024)
- BRIAN HILL, 1074 THOUSAND OAKS DR STE 1, HERNANDO, MS 38632
- Principal officer (990-N for 2022)
- BRIAN HILL, 1074 THOUSAND OAKS DR, ST 1, HERNANDO MS 38632
- Signed the 990
- BRIAN HILL, PRESIDENT
- Phone
- (901) 282-9198
- Return prepared by
- WILLIAMS PITTS & BEARD PLLC
Mission
SILO SQUARE FOUNDATION WILL COLLECT & ACCEPT FUNDS FROM EVENTS AND DONATE THEM TO OTHER CHARITABLE ORGANIZATIONS.
Program accomplishments
- SILO SQUARE FOUNDATION WILL COLLECT & ACCEPT FUNDS FROM EVENTS AND DONATE THEM TO OTHER CHARITABLE ORGANIZATIONS.Expenses $524,824 · grants $524,824
- SILO SQUARE FOUNDATION WILL COLLECT & ACCEPT FUNDS FROM EVENTS AND DONATE THEM TO OTHER CHARITABLE ORGANIZATIONS.
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
- 88-3856338
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $271,971
- Income (IRS master file)
- $398,555
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $398,555 | $533,171 | $271,971 | XML |
| 990 | December 2023 | $454,711 | $71,813 | $399,635 | XML |
| 990-N for 2022 Officer: BRIAN HILL | December 31, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
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 88-3856338).
Questions about SILO SQUARE FOUNDATION INC
- What is the EIN of SILO SQUARE FOUNDATION INC?
- The employer identification number (EIN) of SILO SQUARE FOUNDATION INC is 88-3856338.
- Is SILO SQUARE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to SILO SQUARE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SILO SQUARE 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 SILO SQUARE FOUNDATION INC 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 SILO SQUARE FOUNDATION INC 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 SILO SQUARE FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names BRIAN HILL.
- Who are the officers and directors of SILO SQUARE FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does SILO SQUARE FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $398,555, expenses of $533,171 and total assets of $271,971 at year end.
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