Dodson Foundation Inc

Inverness, IL
Tax-exempt since Feb. 1992
EIN: 39-1694304

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Revenue

$1.01M (2024)

Expenses

$2.89M (2024)

Total Assets

$27.3M (2024)

Total Liabilities

$0 (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Revenue

$1,011,996

Expenses

$2,892,018

Net Income

-$1,880,022

Net Assets

$27,303,467

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$11,877	1.2%
Dividends	$740,172	73.1%
Sales of Assets	-$14,848
Other Income	$274,795	27.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,754,220	95.2%
Compensation of Officers*	$165,000	5.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$27,303,467
Total Liabilities	$0
Net Assets	$27,303,467

Compensation

Key Employees and Officers	Compensation	Other
Mark R Dodson (Director, Treasurer)	$100,000	$0
J Michael Dodson (Director, President)	$50,000	$0
Mary Molofsky (Director, Secretary, Vp)	$15,000	$0
Cynthia L Gardner (Director)	$0	$0
Susan Dodson Wollwert (Director)	$0	$0
Robert Dodson (Director)	$0	$0

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990-PF

Filed on Oct. 24, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2023

Revenue

$847,418

Expenses

$2,350,085

Net Income

-$1,502,667

Net Assets

$29,215,834

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$10,809	1.3%
Dividends	$644,533	76.1%
Sales of Assets	$75,254	8.9%
Other Income	$116,822	13.8%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,155,148	91.7%
Compensation of Officers*	$165,000	7.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$29,215,834
Total Liabilities	$0
Net Assets	$29,215,834

Compensation

Key Employees and Officers	Compensation	Other
Mark R Dodson (Director, Treasurer)	$100,000	$0
J Michael Dodson (Director, President)	$50,000	$0
Mary Molofsky (Director, Secretary, Vp)	$15,000	$0
Cynthia L Gardner (Director)	$0	$0
Susan Dodson Wollwert (Director)	$0	$0
Robert Dodson (Director)	$0	$0

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990-PF

Filed on June 7, 2024

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2022

Revenue

$1,167,471

Expenses

$2,350,515

Net Income

-$1,183,044

Net Assets

$30,720,773

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$2,310	0.2%
Dividends	$539,064	46.2%
Sales of Assets	$116,149	9.9%
Other Income	$509,948	43.7%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,154,653	91.7%
Compensation of Officers*	$165,000	7.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$30,720,773
Total Liabilities	$0
Net Assets	$30,720,773

Compensation

Key Employees and Officers	Compensation	Other
Mark R Dodson (Director, Treasurer)	$100,000	$0
J Michael Dodson (Director, President)	$50,000	$0
Mary Molofsky (Director, Secretary, Vp)	$15,000	$0
Cynthia L Gardner (Director)	$0	$0
Susan Dodson Wollwert (Director)	$0	$0
Robert Dodson (Director)	$0	$0

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990-PF

Filed on May 10, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2021

Revenue

$2,855,371

Expenses

$2,129,691

Net Income

$725,680

Net Assets

$31,939,552

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$245	0.0%
Dividends	$541,015	18.9%
Sales of Assets	$2,182,833	76.4%
Other Income	$131,278	4.6%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,896,431	89.0%
Compensation of Officers*	$165,000	7.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$31,939,552
Total Liabilities	$0
Net Assets	$31,939,552

Compensation

Key Employees and Officers	Compensation	Other
Mark R Dodson (Director, Treasurer)	$100,000	$0
J Michael Dodson (Director, President)	$50,000	$0
Mary Molofsky (Director, Secretary, Vp)	$15,000	$0
Cynthia L Gardner (Director)	$0	$0
Susan Dodson Wollwert (Director)	$0	$0
Robert Dodson (Director)	$0	$0

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990-PF

Filed on May 12, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2020

Revenue

$1,212,651

Expenses

$1,955,009

Net Income

-$742,358

Net Assets

$31,243,807

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$37,503	3.1%
Dividends	$535,803	44.2%
Sales of Assets	$171,984	14.2%
Other Income	$467,361	38.5%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,748,751	89.4%
Compensation of Officers*	$165,000	8.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$31,243,808
Total Liabilities	$1
Net Assets	$31,243,807

Compensation

Key Employees and Officers	Compensation	Other
Mark R Dodson (Director, Treasurer)	$100,000	$0
J Michael Dodson (Director, President)	$50,000	$0
Mary Molofsky (Director, Secretary, Vp)	$15,000	$0
Cynthia L Gardner (Director)	$0	$0
Susan Dodson Wollwert (Director)	$0	$0
Robert Dodson (Director)	$0	$0

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990-PF

Filed on June 10, 2021

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Dec.
2019

Revenue

$1,745,980

Expenses

$1,707,885

Net Income

$38,095

Net Assets

$31,986,165

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$69,310	4.0%
Dividends	$614,324	35.2%
Sales of Assets	$89,917	5.1%
Other Income	$972,429	55.7%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,582,975	92.7%
Compensation of Officers*	$125,000	7.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$31,986,166
Total Liabilities	$1
Net Assets	$31,986,165

Compensation

Key Employees and Officers	Compensation	Other
Mark R Dodson (Director, Treasurer)	$60,000	$0
J Michael Dodson (Director, President)	$50,000	$0
Mary Molofsky (Director, Secretary, Vp)	$15,000	$0
Cynthia L Gardner (Director)	$0	$0
Susan Dodson Wollwert (Director)	$0	$0
Robert Dodson (Director)	$0	$0

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990-PF

Filed on May 7, 2020

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2018

Revenue

$166,249

Expenses

$1,956,130

Net Income

-$1,789,881

Net Assets

$31,949,523

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$29,135	17.5%
Interest Revenue	$48,858	29.4%
Dividends	$530,704	> 100%
Sales of Assets	-$241,140
Other Income	-$201,308

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,584,194	81.0%
Compensation of Officers*	$125,000	6.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$31,949,523
Total Liabilities	$0
Net Assets	$31,949,523

Compensation

Key Employees and Officers	Compensation	Other
Mark R Dodson (Director, Treasurer)	$60,000	$0
J Michael Dodson (Director, President)	$50,000	$0
Mary Molofsky (Director, Secretary, Vp)	$15,000	$0
Cynthia L Gardner (Director)	$0	$0
Susan Dodson Wollwert (Director)	$0	$0
Robert Dodson (Director)	$0	$0

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990-PF

Filed on May 15, 2019

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

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Fiscal Year Ending Dec.
2017

Revenue

$477,584

Expenses

$1,718,620

Net Income

-$1,241,036

Net Assets

$33,740,470

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$29,480	6.2%
Interest Revenue	$44,882	9.4%
Dividends	$475,036	99.5%
Sales of Assets	-$817,012
Other Income	$745,198	> 100%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,285,057	74.8%
Compensation of Officers*	$125,000	7.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$33,740,470
Total Liabilities	$0
Net Assets	$33,740,470

Compensation

Key Employees and Officers	Compensation	Other
Mark R Dodson (Director, Treasurer)	$60,000	$0
J Michael Dodson (Director, President)	$50,000	$0
Mary Molofsky (Director, Secretary, Vp)	$15,000	$0
Cynthia L Gardner (Director)	$0	$0
Susan Dodson Wollwert (Director)	$0	$0
Robert Dodson (Director)	$0	$0

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990-PF

Filed on May 10, 2018

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2016

Revenue

$7,932,262

Expenses

$1,423,122

Net Income

$6,509,140

Net Assets

$34,898,071

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$6,217,915	78.4%
Interest Revenue	$40,673	0.5%
Dividends	$429,199	5.4%
Sales of Assets	$945,014	11.9%
Other Income	$299,461	3.8%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,235,031	86.8%
Compensation of Officers*	$125,000	8.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$34,898,071
Total Liabilities	$0
Net Assets	$34,898,071

Compensation

Key Employees and Officers	Compensation	Other
Mark R Dodson (Director, Treasurer)	$60,000	$0
J Michael Dodson (Director, President)	$50,000	$0
Mary Molofsky (Director, Secretary, Vp)	$15,000	$0
Cynthia L Gardner (Director)	$0	$0
Susan Dodson Wollwert (Director)	$0	$0
Robert Dodson (Director)	$0	$0

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990-PF

Filed on June 29, 2017

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2015

Revenue

$20,736,775

Expenses

$520,688

Net Income

$20,216,087

Net Assets

$29,381,533

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$20,588,636	99.3%
Interest Revenue	$2,162	0.0%
Dividends	$159,780	0.8%
Sales of Assets	-$4,970
Other Income	-$8,833

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$450,837	86.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$29,381,533
Total Liabilities	$0
Net Assets	$29,381,533

Compensation

Key Employees and Officers	Compensation	Other
J Michael Dodson (Director)	$0	$0
Cynthia L Gardner (Director)	$0	$0
Mark R Dodson (Director)	$0	$0

990-PF

Filed on July 8, 2016

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2014

Revenue

$97,053

Expenses

$529,188

Net Income

-$432,135

Net Assets

$3,477,327

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$44	0.0%
Dividends	$72,620	74.8%
Sales of Assets	$24,389	25.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$495,000	93.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,477,327
Total Liabilities	$0
Net Assets	$3,477,327

Compensation

Key Employees and Officers	Compensation	Other
J Michael Dodson (Director)	$0	$0
Cynthia L Gardner (Director)	$0	$0

990-PF

Filed on Feb. 16, 2015

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2013

Revenue

$744,458

Expenses

$256,349

Net Income

$488,109

Net Assets

$3,909,462

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$719,000	96.6%
Interest Revenue	$243	0.0%
Dividends	$60,429	8.1%
Sales of Assets	-$35,214
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$255,000	99.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,909,462
Total Liabilities	$0
Net Assets	$3,909,462

Compensation

Key Employees and Officers	Compensation	Other
J Michael Dodson (Director)	$0	$0
Cynthia L Gardner (Director)	$0	$0
James D Dodson (President)	$0	$0

990-PF

Filed on Feb. 15, 2014

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2012

Revenue

$762,441

Expenses

$333,085

Net Income

$429,356

Net Assets

$3,421,352

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$803,999	> 100%
Interest Revenue	$395	0.1%
Dividends	$44,169	5.8%
Sales of Assets	$0
Other Income	$133	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$325,000	97.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,421,353
Total Liabilities	$1
Net Assets	$3,421,352

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$934,771

Expenses

$261,880

Net Income

$672,891

Net Assets

$2,991,996

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$849,775	90.9%
Interest Revenue	$900	0.1%
Dividends	$41,012	4.4%
Sales of Assets	$43,084	4.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$260,000	99.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,991,997
Total Liabilities	$1
Net Assets	$2,991,996

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2009

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

Primary tax return for a private foundation's activities, finances, and governance

PDF

PDF (2 of 2)

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Dodson Foundation Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $1.01M (2024)

Expenses $2.89M (2024)

Total Assets $27.3M (2024)

Total Liabilities $0 (2024)

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Revenue

$1.01M (2024)

Expenses

$2.89M (2024)

Total Assets

$27.3M (2024)

Total Liabilities

$0 (2024)

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Dec.
2002

Fiscal Year Ending Dec.
2001