PARMER SCHOLAR FOUNDATION INC: Form 990EZ, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- PARMER SCHOLAR FOUNDATION INC (EIN 27-0668741)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-05-01
- IRS object ID
- 202531219349201923
- Schema version
- 2024v5.0
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-05-01T12:21:19-07:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
| Return Type | 990EZ | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 270668741 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PARMER SCHOLAR FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PARM | BusinessNameControlTxt |
| Phone | 3343827404 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 823 | AddressLine1Txt |
| City | Greenville | CityNm |
| State Abbreviation | AL | StateAbbreviationCd |
| ZIP | 36037 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Rick Daigneault | PersonNm |
| Person Title | Board Member | PersonTitleTxt |
| Phone | 7135625992 | PhoneNum |
| Signature | 2025-05-02 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-EZ IRS990EZ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Gross Receipts | $11,454 | GrossReceiptsAmt |
| Contributions Gifts Grants Etc | $6,030 | ContributionsGiftsGrantsEtcAmt |
| Program Service Revenue | $0 | ProgramServiceRevenueAmt |
| Membership Dues | $0 | MembershipDuesAmt |
| Investment Income | $5,424 | InvestmentIncomeAmt |
| Sale Of Assets Gross | $0 | SaleOfAssetsGrossAmt |
| Cost Or Other Basis Expense Sale | $0 | CostOrOtherBasisExpenseSaleAmt |
| Gain Or Loss From Sale Of Assets | $0 | GainOrLossFromSaleOfAssetsAmt |
| Gaming Gross Income | $0 | GamingGrossIncomeAmt |
| Fundraising Gross Income | $0 | FundraisingGrossIncomeAmt |
| Special Events Direct Expenses | $0 | SpecialEventsDirectExpensesAmt |
| Special Events Net Income Loss | $0 | SpecialEventsNetIncomeLossAmt |
| Gross Sales Of Inventory | $0 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
| Gross Profit Loss Sls Of Invntry | $0 | GrossProfitLossSlsOfInvntryAmt |
| Other Revenue Total | $0 | OtherRevenueTotalAmt |
| Total Revenue | $11,454 | TotalRevenueAmt |
| Grants And Similar Amounts Paid | $12,000 | GrantsAndSimilarAmountsPaidAmt |
| Benefits Paid To Or For Members | $0 | BenefitsPaidToOrForMembersAmt |
| Salaries Other Comp Empl Bnft | $0 | SalariesOtherCompEmplBnftAmt |
| Fees And Other Pymt To Ind Cntrct | $0 | FeesAndOtherPymtToIndCntrctAmt |
| Occupancy Rent Utlts And Maint | $0 | OccupancyRentUtltsAndMaintAmt |
| Printing Publications Postage | $874 | PrintingPublicationsPostageAmt |
| Other Expenses Total | $0 | OtherExpensesTotalAmt |
| Total Expenses | $12,874 | TotalExpensesAmt |
| Excess Or Deficit For Year | -$1,420 | ExcessOrDeficitForYearAmt |
| Net Assets Or Fund Balances BOY | $110,054 | NetAssetsOrFundBalancesBOYAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Net Assets Or Fund Balances EOY | $108,634 | NetAssetsOrFundBalancesEOYAmt |
Cash Savings And Investments CashSavingsAndInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $110,054 | BOYAmt |
| EOY | $108,634 | EOYAmt |
Land And Buildings LandAndBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total Detail OtherAssetsTotalDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Form990 Total Assets Form990TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $110,054 | BOYAmt |
| EOY | $108,634 | EOYAmt |
Sum Of Total Liabilities SumOfTotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $110,054 | BOYAmt |
| EOY | $108,634 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Exempt Purpose | Make grants to the Walter O. Parmer Trust in support of scholarhsips | PrimaryExemptPurposeTxt |
Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Program Srvc Accom | Mission is to support the legacy of Walter O. Parmer and the Walter O. Parmer Trust. This is a grant to the Walter O Parmer Trust | DescriptionProgramSrvcAccomTxt |
| Grants And Allocations | $12,000 | GrantsAndAllocationsAmt |
| Program Service Expenses | $0 | ProgramServiceExpensesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $0 | TotalProgramServiceExpensesAmt |
Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (10 entries)
| TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|
| Walter R Parmer | ||||
| Chairman | 1 | $0 | $0 | $0 |
| Michael Lamb | ||||
| President | 1 | $0 | $0 | $0 |
| Richard W Daigneault | ||||
| Secretary | 1 | $0 | $0 | $0 |
| Charles Newton | ||||
| Treasurer | 1 | $0 | $0 | $0 |
| Bruce Vickers | ||||
| Director | 1 | $0 | $0 | $0 |
| William Cassidy | ||||
| Director | 1 | $0 | $0 | $0 |
| Pat Whetstone | ||||
| Director | 1 | $0 | $0 | $0 |
| Nicole Piggott Richardson | ||||
| Director | 1 | $0 | $0 | $0 |
| Daniel M Cook | ||||
| Director | 1 | $0 | $0 | $0 |
| Mark A Elmore | ||||
| Director | 1 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Chg Made To Orgnzng Doc Not Rpt | 0 | ChgMadeToOrgnzngDocNotRptInd |
| Organization Had UBI | 0 | OrganizationHadUBIInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Direct Indirect Pltcl Expend | $0 | DirectIndirectPltclExpendAmt |
| Form1120 Pol Filed | 0 | Form1120PolFiledInd |
| Made Loans To From Officers | 0 | MadeLoansToFromOfficersInd |
| Tax Imposed Under IRC4911 | $0 | TaxImposedUnderIRC4911Amt |
| Tax Imposed Under IRC4912 | $0 | TaxImposedUnderIRC4912Amt |
| Tax Imposed Under IRC4955 | $0 | TaxImposedUnderIRC4955Amt |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| Tax Imposed On Organization Mgr | $0 | TaxImposedOnOrganizationMgrAmt |
| Tax Reimbursed By Organization | $0 | TaxReimbursedByOrganizationAmt |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Walter R Parmer | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 823 | AddressLine1Txt |
| City | Greenville | CityNm |
| State Abbreviation | AL | StateAbbreviationCd |
| ZIP | 36037 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3343827404 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Donor Advised Fnds | 0 | DonorAdvisedFndsInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Tanning Services Provided | 0 | TanningServicesProvidedInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| School Operating | 0 | SchoolOperatingInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Part VI Of Comp Of Hghst Pd Empl | NONE | PartVIOfCompOfHghstPdEmplTxt |
| Part VI Hghst Pd Cntrct Prof Srvc | NONE | PartVIHghstPdCntrctProfSrvcTxt |
| Filed Schedule A | Yes (1) | FiledScheduleAInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $8,197 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $14,000 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $23,200 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $11,265 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,030 | CurrentTaxYearAmt |
| Total | $62,692 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $8,197 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $14,000 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $23,200 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $11,265 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,030 | CurrentTaxYearAmt |
| Total | $62,692 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $62,692 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,454 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,556 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,665 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,218 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,424 | CurrentTaxYearAmt |
| Total | $19,317 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $82,009 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $0 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.76445 | PublicSupportCY170Pct |
| Public Support PY170 | 0.79268 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $8,197 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $14,000 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $23,200 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $11,265 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,030 | CurrentTaxYearAmt |
| Total | $62,692 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $8,197 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $14,000 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $23,200 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $11,265 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,030 | CurrentTaxYearAmt |
| Total | $62,692 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $62,692 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,454 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,556 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,665 | CurrentTaxYearMinus2YearsAmt |
| Total | $10,675 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,454 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,556 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,665 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $10,675 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $11,651 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $17,556 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $26,865 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $11,265 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,030 | CurrentTaxYearAmt |
| Total | $73,367 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.85450 | PublicSupportCY509Pct |
| Public Support PY509 | 0.82459 | PublicSupportPY509Pct |
| Investment Income CY | 0.14550 | InvestmentIncomeCYPct |
| Investment Income PY | 0.17541 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Comments