Nonprofit · EIN 99-3445207
FAYE AND CAREY POSEY EDUCATIONAL SCHOLARSHIP FOUNDATION
Tax-exempt · HATTIESBURG, MS 39402
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $3,936,493 | $88,088 | $3,848,405 | $3,964,406 | $0 | $3,964,406 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,774,472
- Dividends
- $57,034
- Interest
- $8,048
- Net gain from sales of assets
- $219,911
- Other income
- $877,028
Expenses
- Grants and similar amounts paid
- $14,490
- Disbursements for charitable purposes
- $14,490
- Excise tax on investment income
- $2,938
Balance sheet and other
- Total assets, start of year
- –
- Total assets, end of year
- $3,964,406
- Total liabilities, end of year
- $0
- Net assets, end of year
- $3,964,406
- Fair market value of assets
- $3,964,406
- Qualifying distributions
- $14,490
- Net investment income
- $284,993
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBERT JACKSON SR 309 S 40TH AVE, HATTIESBURG, MS 39402 | Trustee | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 309 S 40TH AVE, HATTIESBURG, MS 39402-1734
- In care of
- % ANDREA SZABO
- Signed the 990-PF
- ROBERT JACKSON SR, Trustee
- Phone
- (601) 264-3309
- Return prepared by
- McArthur Slay and Dews PLLC
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 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 99-3445207
- 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
- 2024
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $3,964,406
- Income (IRS master file)
- $5,587,911
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $3,936,493 | $88,088 | $3,964,406 | XML |
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 99-3445207).
Questions about FAYE AND CAREY POSEY EDUCATIONAL SCHOLARSHIP FOUNDATION
- What is the EIN of FAYE AND CAREY POSEY EDUCATIONAL SCHOLARSHIP FOUNDATION?
- The employer identification number (EIN) of FAYE AND CAREY POSEY EDUCATIONAL SCHOLARSHIP FOUNDATION is 99-3445207.
- Is FAYE AND CAREY POSEY EDUCATIONAL SCHOLARSHIP FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Are donations to FAYE AND CAREY POSEY EDUCATIONAL SCHOLARSHIP FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
- Which annual return does FAYE AND CAREY POSEY EDUCATIONAL SCHOLARSHIP FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of FAYE AND CAREY POSEY EDUCATIONAL SCHOLARSHIP 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 FAYE AND CAREY POSEY EDUCATIONAL SCHOLARSHIP FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of FAYE AND CAREY POSEY EDUCATIONAL SCHOLARSHIP FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 1 person; 0 received compensation from the organization.
- How much revenue does FAYE AND CAREY POSEY EDUCATIONAL SCHOLARSHIP FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $3,936,493, expenses of $88,088 and total assets of $3,964,406 at year end.
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