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Larry & Frankie Hager Trust 2

  • Owensboro, KY
  • Tax-exempt since Feb. 2016
  • EIN: 46-4550119

Organization summary

Type of Nonprofit

Designated as a 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.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Grantmaking Foundations (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$826 (2024)

Expenses
$43.9k (2024)

Total Assets
$577k (2024)

Total Liabilities
$0 (2024)

Source: Form 990 tax filings from 2015 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

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$826
Expenses
$43,926
Net Income
-$43,100
Net Assets
$577,242
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $1,680
> 100%
Dividends $14,679
> 100%
Sales of Assets -$15,533
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $35,846
81.6%
Compensation of Officers* $8,799
20.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $577,242
Total Liabilities $0
Net Assets $577,242
Compensation
Key Employees and Officers Compensation Other
Independence Bank (Trustee) $8,799 $0

Document Links

990-PF
Filed on July 1, 2025

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

View Filing
XML

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$90,891
Expenses
$669,926
Net Income
-$579,035
Net Assets
$620,342
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $5,771
6.3%
Dividends $28,805
31.7%
Sales of Assets $56,315
62.0%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $410,089
61.2%
Compensation of Officers* $11,680
1.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $620,342
Total Liabilities $0
Net Assets $620,342
Compensation
Key Employees and Officers Compensation Other
Pnc Bank Na (Trustee Through 7/31/2023) $6,443 $0
Independence Bank (Trustee) $5,237 $0

Document Links

990-PF
Filed on May 14, 2024

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

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$101,130
Expenses
$15,577
Net Income
$85,553
Net Assets
$1,199,377
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $85
0.1%
Dividends $26,535
26.2%
Sales of Assets $74,238
73.4%
Other Income $272
0.3%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $6,726
43.2%
Compensation of Officers* $13,069
83.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,199,377
Total Liabilities $0
Net Assets $1,199,377
Compensation
Key Employees and Officers Compensation Other
Pnc Bank Na (Trustee Through 12/31/2022) $13,069 $0
Independence Bank (Trustee) $0 $0

Document Links

990-PF
Filed on Aug. 18, 2023

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$88,388
Expenses
$14,984
Net Income
$73,404
Net Assets
$1,113,824
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $24,580
27.8%
Sales of Assets $63,808
72.2%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $7,509
50.1%
Compensation of Officers* $14,219
94.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,113,824
Total Liabilities $0
Net Assets $1,113,824
Compensation
Key Employees and Officers Compensation Other
Pnc Bank Na (Trustee) $14,219 $0

Document Links

990-PF
Filed on May 11, 2022

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

View Filing
XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$19,773
Expenses
$13,272
Net Income
$6,501
Net Assets
$1,040,495
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $23,991
> 100%
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $6,683
50.4%
Compensation of Officers* $11,937
89.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,040,496
Total Liabilities $1
Net Assets $1,040,495
Compensation
Key Employees and Officers Compensation Other
Pnc Bank Na (Trustee) $11,937 $0

Document Links

990-PF
Filed on Nov. 12, 2021

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$32,756
Expenses
$13,613
Net Income
$19,143
Net Assets
$1,034,460
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $28,955
88.4%
Sales of Assets $3,801
11.6%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $6,461
47.5%
Compensation of Officers* $11,745
86.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,034,461
Total Liabilities $1
Net Assets $1,034,460
Compensation
Key Employees and Officers Compensation Other
Pnc Bank Na (Trustee) $11,745 $0

Document Links

990-PF
Filed on May 8, 2020

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$56,311
Expenses
$17,215
Net Income
$39,096
Net Assets
$1,015,312
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $26,861
47.7%
Sales of Assets $29,450
52.3%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $9,437
54.8%
Compensation of Officers* $12,673
73.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,015,312
Total Liabilities $0
Net Assets $1,015,312
Compensation
Key Employees and Officers Compensation Other
Pnc Bank Na (Trustee) $12,673 $0

Document Links

990-PF
Filed on Aug. 2, 2019

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

View Filing
PDF XML
PDF (2 of 2)

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$46,559
Expenses
$32,414
Net Income
$14,145
Net Assets
$976,213
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $23,493
50.5%
Sales of Assets $22,508
48.3%
Other Income $558
1.2%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $26,198
80.8%
Compensation of Officers* $11,828
36.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $976,213
Total Liabilities $0
Net Assets $976,213
Compensation
Key Employees and Officers Compensation Other
Pnc Bank Na (Trustee) $11,828 $0

Document Links

990-PF
Filed on April 17, 2018

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$30,281
Expenses
$39,315
Net Income
-$9,034
Net Assets
$962,067
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $23,367
77.2%
Sales of Assets -$7,074
Other Income $13,988
46.2%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $32,995
83.9%
Compensation of Officers* $11,086
28.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $962,067
Total Liabilities $0
Net Assets $962,067
Compensation
Key Employees and Officers Compensation Other
Pnc Bank Na (Trustee) $11,086 $0

Document Links

990-PF
Filed on April 28, 2017

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$60,582
Expenses
$79,242
Net Income
-$18,660
Net Assets
$971,098
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $28,162
46.5%
Sales of Assets $32,420
53.5%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $38,374
48.4%
Compensation of Officers* $11,573
14.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $971,098
Total Liabilities $0
Net Assets $971,098
Compensation
Key Employees and Officers Compensation Other
Pnc Bank Na (Trustee) $11,573 $0

Document Links

990-PF
Filed on April 6, 2016

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2014

No Extracted Financial Data

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

Document Links

990-PF

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

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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