SOAPSTONE PRESERVATION ENDOWMENT: Form 990, tax year 2025

View the entire original 990 at ProPublica ↗

Organization
SOAPSTONE PRESERVATION ENDOWMENT (EIN 92-0309884)
Tax period
2025-01-01 to 2025-12-31
Filed
2026-04-30
IRS object ID
202641249349301309
Schema version
2025v4.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2026-04-30T14:12:13-06:00ReturnTs
Tax Period End2025-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN562076471PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PHILLIP A OLLAR CPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line125 WOODS LAKE RD STE 508AddressLine1Txt
CityGreenvilleCityNm
State AbbreviationSCStateAbbreviationCd
ZIP29607ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2025-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN920309884EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SOAPSTONE PRESERVATION ENDOWMENT INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% CARLTON N OWENInCareOfNm
Business Name ControlSOAPBusinessNameControlTxt
Phone8644141325PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 454AddressLine1Txt
CityMARIETTACityNm
State AbbreviationSCStateAbbreviationCd
ZIP29661ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCARLTON N OWENPersonNm
Person TitleCHAIRMANPRESIDENTPersonTitleTxt
Phone8644141325PhoneNum
Signature2026-05-03SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonPHILLIP A OLLAR CPAPreparerPersonNm
PTINP01369694PTIN
Phone8642501191PhoneNum
Preparation2026-04-30PreparationDt
FieldValueIRS element (for citing)
Tax2025TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Gross Receipts$630,840GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressHTTPS://WWW.SOAPSTONEPE.ORG/WebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2022FormationYr
Legal Domicile StateSCLegalDomicileStateCd
Activity Or MissionPROTECT AND PROMOTE THE HISTORY AND LEGACY OF THE LIBERIA COMMUNITY AND SOAPSTONE BAPTIST CHURCH FOUNDED BY FREED SLAVES IN 1965ActivityOrMissionDesc
Voting Members Governing Body8VotingMembersGoverningBodyCnt
Voting Members Independent8VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers15TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$378,215PYContributionsGrantsAmt
CY Contributions Grants$491,052CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$8,528PYInvestmentIncomeAmt
CY Investment Income$27,217CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$386,743PYTotalRevenueAmt
CY Total Revenue$518,269CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$6,853PYOtherExpensesAmt
CY Other Expenses$27,893CYOtherExpensesAmt
PY Total Expenses$6,853PYTotalExpensesAmt
CY Total Expenses$27,893CYTotalExpensesAmt
PY Revenues Less Expenses$379,890PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$490,376CYRevenuesLessExpensesAmt
Total Assets BOY$543,638TotalAssetsBOYAmt
Total Assets EOY$1,071,053TotalAssetsEOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$543,638NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,071,053NetAssetsOrFundBalancesEOYAmt
MissionPROTECT AND PROMOTE THE HISTORY AND LEGACY OF THE LIBERIA COMMUNITY AND SOAPSTONE BAPTIST CHURCH FOUNDED BY FREED SLAVES IN 1965MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$26,345ExpenseAmt
DescCOMPLETED REHABILITATION OF HISTORIC ONE-ROOM SCHOOLDesc
Total Program Service Expenses$26,345TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsYes (true)NondeductibleContributionsInd
Nondeductible Contri DisclYes (true)NondeductibleContriDisclInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members8GoverningBodyVotingMembersCnt
Independent Voting Member8IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldSCStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonCARLTON N OWENPersonNm
Phone8644141325PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 454AddressLine1Txt
CityMARIETTACityNm
State AbbreviationSCStateAbbreviationCd
ZIP29661ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
PEGGY BAXTER
DIRECTOR1.000.00Yes (X)$0$0$0
MABLE OWENS CLARKE
DIRECTOR5.000.00Yes (X)$0$0$0
JEFFREY CRADDOCK
DIRECTOR1.000.00Yes (X)$0$0$0
ADRICK D CEASAR
DIRECTOR1.000.00Yes (X)$0$0$0
CHESTER TROWER
DIRECTOR1.000.00Yes (X)$0$0$0
WES BRASHIER
DIRECTOR1.000.00Yes (X)$0$0$0
CARLTON N OWEN
CHAIRMANPRESIDENT15.000.00$0$0$0Yes (X)
ANDREW DOUGLAS
SECRETARYTREASURER1.000.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
All Other Contributions$491,052AllOtherContributionsAmt
Total Contributions$491,052TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$24,788TotalRevenueColumnAmt
Exclusion$24,788ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$115,000SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$112,571SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$2,429SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,429TotalRevenueColumnAmt
Exclusion$2,429ExclusionAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$518,269TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$27,217ExclusionAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$950TotalAmt
Management And General$950ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$8,754TotalAmt
Program Services$8,754ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$78TotalAmt
Management And General$78ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$350TotalAmt
Program Services$350ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$4,256TotalAmt
Program Services$3,786ProgramServicesAmt
Management And General$470ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
REPAIRS AND MAINTENANCE$13,015$13,015
SC SOS REGISTRATION$50$50
SCHOOL FURNISHINGS$440$440

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$27,893TotalAmt
Program Services$26,345ProgramServicesAmt
Management And General$1,548ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$9,819BOYAmt
EOY$63,942EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$488,728BOYAmt
EOY$57,615EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$45,091BOYAmt
EOY$949,496EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$543,638BOYAmt
EOY$1,071,053EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$9,819BOYAmt
EOY$63,942EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$533,819BOYAmt
EOY$1,007,111EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$543,638BOYAmt
EOY$1,071,053EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$543,638BOYAmt
EOY$1,071,053EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$490,376ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$37,039NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$42,030CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$113,291CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$378,215CurrentTaxYearMinus1YearAmt
Current Tax Year$491,052CurrentTaxYearAmt
Total$1,024,588TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$42,030CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$113,291CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$378,215CurrentTaxYearMinus1YearAmt
Current Tax Year$491,052CurrentTaxYearAmt
Total$1,024,588TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$488,760SubstantialContributorsTotAmt
Public Support Total170$535,828PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$2CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,341CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$9,308CurrentTaxYearMinus1YearAmt
Current Tax Year$24,788CurrentTaxYearAmt
Total$36,439TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$4,095CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$11,208CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year-$780CurrentTaxYearMinus1YearAmt
Current Tax Year$2,429CurrentTaxYearAmt
Total$16,952TotalAmt
FieldValueIRS element (for citing)
Total Support$1,077,979TotalSupportAmt
First5 Years170Yes (X)First5Years170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990 governing body review Part VI line 11EVERY BOARD MEMBER IS PROVIDED A COPY OF THE 990 PRIOR TO FILING AND THE FORM IS REVIEWED IN A REGULAR BOARD MEETING WHERE MEMBERS ARE FREE TO ASK QUESTIONS.
Conflict of interest policy compliance Part VI line 12cAS A RELATIVELY NEW ENTITY THAT HAS BEEN ALMOST EXCLUSIVELY IN FUNDRAISING MODE, WE HAVE HAD ONLY A LIMITED NUMBER OF DISTRIBUTIONS AND EXPENDITURES. THERE HAVE BEEN NO CASES WHERE ANY DISTRIBUTION OR EXPENSE INVOLVED A BOARD OR FAMILY MEMBER. AS WE SHIFT TO OPERATION MODE AND LOOK TO VENDORS TO HELP IMPLEMENT PROGRAMS, WE WILL SEEK FROMAL REVIEW AND RESPONSE REGARDING POTENTIAL CONFLICTS OF INTEREST ON AN ANNUAL OR FREQUENT BASIS.
Governing documents etc available to public Part VI line 19AVAILABLE UPON REQUEST

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