Beasley Family Foundation Inc

Mason City, IA
Tax-exempt since April 1987
EIN: 42-1263942

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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

$43.9k (2025)

Expenses

$32.7k (2025)

Total Assets

$469k (2025)

Total Liabilities

$0 (2025)

Years with missing data

Source: Form 990 tax filings from 2011 to 2025

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 Sept.
2025

Revenue

$43,887

Expenses

$32,703

Net Income

$11,184

Net Assets

$469,056

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$8,579	19.5%
Sales of Assets	$35,308	80.5%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$30,500	93.3%
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	$469,056
Total Liabilities	$0
Net Assets	$469,056

Compensation

Key Employees and Officers	Compensation	Other
Byron T Beasley (Pres/Treas/S)	$0	$0
Stephen T Beasley (Director)	$0	$0

990-PF

Filed on Jan. 19, 2026

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

View Filing

Schedules ▼

XML

Fiscal Year Ending Sept.
2024

Revenue

$28,678

Expenses

$33,004

Net Income

-$4,326

Net Assets

$457,872

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,400	4.9%
Interest Revenue	$0
Dividends	$8,930	31.1%
Sales of Assets	$18,348	64.0%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$31,000	93.9%
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	$457,872
Total Liabilities	$0
Net Assets	$457,872

Compensation

Key Employees and Officers	Compensation	Other
Byron T Beasley (Pres/Treas/S)	$0	$0
Stephen T Beasley (Director)	$0	$0

990-PF

Filed on Jan. 31, 2025

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

View Filing

Schedules ▼

XML

Fiscal Year Ending Sept.
2023

Revenue

$36,605

Expenses

$29,466

Net Income

$7,139

Net Assets

$462,198

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$2,200	6.0%
Interest Revenue	$0
Dividends	$6,392	17.5%
Sales of Assets	$28,013	76.5%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$27,000	91.6%
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	$462,198
Total Liabilities	$0
Net Assets	$462,198

Compensation

Key Employees and Officers	Compensation	Other
Byron T Beasley (Pres/Treas/S)	$0	$0
Stephen T Beasley (Director)	$0	$0

990-PF

Filed on Jan. 16, 2024

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

View Filing

Schedules ▼

XML

Fiscal Year Ending Sept.
2022

Revenue

$48,090

Expenses

$38,839

Net Income

$9,251

Net Assets

$455,059

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,500	3.1%
Interest Revenue	$0
Dividends	$24,139	50.2%
Sales of Assets	$22,451	46.7%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$37,000	95.3%
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	$455,059
Total Liabilities	$0
Net Assets	$455,059

Compensation

Key Employees and Officers	Compensation	Other
Byron T Beasley (Pres/Treas/S)	$0	$0
Stephen T Beasley (Director)	$0	$0

990-PF

Filed on Jan. 13, 2023

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

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Sept.
2021

Revenue

$53,538

Expenses

$165,234

Net Income

-$111,696

Net Assets

$445,808

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,350	2.5%
Interest Revenue	$5,210	9.7%
Dividends	$813	1.5%
Sales of Assets	$46,165	86.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$163,500	99.0%
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	$445,808
Total Liabilities	$0
Net Assets	$445,808

Compensation

Key Employees and Officers	Compensation	Other
Byron T Beasley (Pres/Treas/S)	$0	$0
Stephen T Beasley (Director)	$0	$0

990-PF

Filed on Feb. 3, 2022

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

View Filing

Schedules ▼

XML

Fiscal Year Ending Sept.
2020

Revenue

$33,170

Expenses

$32,280

Net Income

$890

Net Assets

$557,503

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$2,100	6.3%
Interest Revenue	$5,767	17.4%
Dividends	$1,014	3.1%
Sales of Assets	$24,289	73.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$30,000	92.9%
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	$557,504
Total Liabilities	$1
Net Assets	$557,503

Compensation

Key Employees and Officers	Compensation	Other
Byron T Beasley (Pres/Treas/S)	$0	$0
Stephen T Beasley (Director)	$0	$0

990-PF

Filed on Feb. 2, 2021

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

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Sept.
2019

Revenue

$32,086

Expenses

$32,154

Net Income

-$68

Net Assets

$556,613

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,550	4.8%
Interest Revenue	$4,335	13.5%
Dividends	$2,004	6.2%
Sales of Assets	$24,068	75.0%
Other Income	$129	0.4%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$29,000	90.2%
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	$556,614
Total Liabilities	$1
Net Assets	$556,613

Compensation

Key Employees and Officers	Compensation	Other
Byron T Beasley (Pres/Treas/S)	$0	$0
Stephen T Beasley (Director)	$0	$0

990-PF

Filed on Jan. 28, 2020

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

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Sept.
2018

Revenue

$60,340

Expenses

$29,405

Net Income

$30,935

Net Assets

$556,682

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$10,000	16.6%
Interest Revenue	$3,627	6.0%
Dividends	$3,938	6.5%
Sales of Assets	$42,725	70.8%
Other Income	$50	0.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$28,000	95.2%
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	$556,682
Total Liabilities	$0
Net Assets	$556,682

Compensation

Key Employees and Officers	Compensation	Other
Byron T Beasley (Pres/Treas/S)	$0	$0
Stephen T Beasley (Director)	$0	$0

990-PF

Filed on Feb. 5, 2019

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

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Sept.
2017

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 Sept.
2016

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 Sept.
2015

Revenue

$26,844

Expenses

$27,669

Net Income

-$825

Net Assets

$500,552

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$10,018	37.3%
Interest Revenue	$1	0.0%
Dividends	$10,943	40.8%
Sales of Assets	$5,252	19.6%
Other Income	$630	2.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$27,000	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	$500,552
Total Liabilities	$0
Net Assets	$500,552

990-PF

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

PDF

PDF (2 of 3) PDF (3 of 3)

Fiscal Year Ending Sept.
2014

Revenue

$14,743

Expenses

$29,936

Net Income

-$15,193

Net Assets

$501,377

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$10,049	68.2%
Interest Revenue	$1	0.0%
Dividends	$5,884	39.9%
Sales of Assets	$0
Other Income	$80	0.5%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$29,000	96.9%
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	$501,377
Total Liabilities	$0
Net Assets	$501,377

990-PF

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

PDF

Fiscal Year Ending Sept.
2013

Revenue

$10,804

Expenses

$26,026

Net Income

-$15,222

Net Assets

$516,570

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$5,014	46.4%
Interest Revenue	$0
Dividends	$4,923	45.6%
Sales of Assets	$467	4.3%
Other Income	$400	3.7%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$25,000	96.1%
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	$516,570
Total Liabilities	$0
Net Assets	$516,570

990-PF

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

PDF

Fiscal Year Ending Sept.
2012

Revenue

$33,309

Expenses

$22,936

Net Income

$10,373

Net Assets

$531,792

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$15,015	45.1%
Interest Revenue	$0
Dividends	$6,914	20.8%
Sales of Assets	$11,380	34.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$22,000	95.9%
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	$531,792
Total Liabilities	$0
Net Assets	$531,792

990-PF

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

PDF

Fiscal Year Ending Sept.
2011

Revenue

$28,253

Expenses

$21,746

Net Income

$6,507

Net Assets

$521,419

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$20,014	70.8%
Interest Revenue	$3	0.0%
Dividends	$4,353	15.4%
Sales of Assets	$3,883	13.7%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$21,000	96.6%
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	$521,419
Total Liabilities	$0
Net Assets	$521,419

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Updated March 23, 2026

Beasley Family Foundation Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $43.9k (2025)

Expenses $32.7k (2025)

Total Assets $469k (2025)

Total Liabilities $0 (2025)

Tax Filings by Year

Fiscal Year Ending Sept. 2025

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Sept. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Sept. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Sept. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Sept. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Sept. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Sept. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Sept. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Sept. 2017

No Extracted Financial Data

Document Links

990-PF

Fiscal Year Ending Sept. 2016

No Extracted Financial Data

Document Links

990-PF

Fiscal Year Ending Sept. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Sept. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Sept. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Revenue

$43.9k (2025)

Expenses

$32.7k (2025)

Total Assets

$469k (2025)

Total Liabilities

$0 (2025)

Fiscal Year Ending Sept.
2025

Fiscal Year Ending Sept.
2024

Fiscal Year Ending Sept.
2023

Fiscal Year Ending Sept.
2022

Fiscal Year Ending Sept.
2021

Fiscal Year Ending Sept.
2020

Fiscal Year Ending Sept.
2019

Fiscal Year Ending Sept.
2018

Fiscal Year Ending Sept.
2017

Fiscal Year Ending Sept.
2016

Fiscal Year Ending Sept.
2015

Fiscal Year Ending Sept.
2014

Fiscal Year Ending Sept.
2013

Fiscal Year Ending Sept.
2012

Fiscal Year Ending Sept.
2011

Fiscal Year Ending Sept.
2010

Fiscal Year Ending Sept.
2009

Fiscal Year Ending Sept.
2008

Fiscal Year Ending Sept.
2007

Fiscal Year Ending Sept.
2006

Fiscal Year Ending Sept.
2005

Fiscal Year Ending Sept.
2004

Fiscal Year Ending Sept.
2003

Fiscal Year Ending Sept.
2002