Kent Richard Hofmann Foundation Inc

Jackson, MS
Tax-exempt since Dec. 1985
EIN: 58-1576454

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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

$111k (2025)

Expenses

$170k (2025)

Total Assets

$1.73M (2025)

Total Liabilities

$0 (2025)

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 Jan.
2025

Revenue

$111,435

Expenses

$169,711

Net Income

-$58,276

Net Assets

$1,734,730

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$11,971	10.7%
Dividends	$98,504	88.4%
Sales of Assets	$896	0.8%
Other Income	$64	0.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$169,420	99.8%
Compensation of Officers*	$30,000	17.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,734,730
Total Liabilities	$0
Net Assets	$1,734,730

Compensation

Key Employees and Officers	Compensation	Other
J Richard Price (Officer)	$10,000	$0
Frank U Parent (Officer)	$10,000	$0
Andrew Parent (Officer)	$10,000	$0

990-PF

Filed on Dec. 15, 2025

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

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Fiscal Year Ending Jan.
2024

Revenue

$91,393

Expenses

$145,442

Net Income

-$54,049

Net Assets

$1,793,006

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$7,836	8.6%
Dividends	$78,058	85.4%
Sales of Assets	$8,517	9.3%
Other Income	-$3,018

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$115,015	79.1%
Compensation of Officers*	$30,000	20.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,793,388
Total Liabilities	$382
Net Assets	$1,793,006

Compensation

Key Employees and Officers	Compensation	Other
J Richard Price (Officer)	$10,000	$0
Frank U Parent (Officer)	$10,000	$0
Andrew Parent (Officer)	$10,000	$0

990-PF

Filed on Oct. 7, 2025

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

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Fiscal Year Ending Jan.
2023

Revenue

$444,040

Expenses

$160,069

Net Income

$283,971

Net Assets

$1,847,055

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$2,138	0.5%
Dividends	$72,975	16.4%
Sales of Assets	$699	0.2%
Other Income	$368,228	82.9%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$150,309	93.9%
Compensation of Officers*	$30,000	18.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,847,566
Total Liabilities	$511
Net Assets	$1,847,055

Compensation

Key Employees and Officers	Compensation	Other
J Richard Price (Officer)	$10,000	$0
Frank U Parent (Officer)	$10,000	$0
Andrew Parent (Officer)	$10,000	$0

990-PF

Filed on June 15, 2023

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

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Fiscal Year Ending Jan.
2022

Revenue

$229,079

Expenses

$144,535

Net Income

$84,544

Net Assets

$1,563,084

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$14	0.0%
Dividends	$96,501	42.1%
Sales of Assets	$118,973	51.9%
Other Income	$13,591	5.9%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$136,426	94.4%
Compensation of Officers*	$30,000	20.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,563,508
Total Liabilities	$424
Net Assets	$1,563,084

Compensation

Key Employees and Officers	Compensation	Other
J Richard Price (Officer)	$10,000	$0
Frank U Parent (Officer)	$10,000	$0
Andrew Parent (Officer)	$10,000	$0

990-PF

Filed on June 15, 2022

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

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Fiscal Year Ending Jan.
2021

Revenue

$90,479

Expenses

$164,830

Net Income

-$74,351

Net Assets

$1,478,540

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$13	0.0%
Dividends	$65,322	72.2%
Sales of Assets	$18,420	20.4%
Other Income	$6,724	7.4%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$156,858	95.2%
Compensation of Officers*	$30,000	18.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,478,900
Total Liabilities	$360
Net Assets	$1,478,540

Compensation

Key Employees and Officers	Compensation	Other
J Richard Price (Officer)	$10,000	$0
Frank U Parent (Officer)	$10,000	$0
Andrew Parent (Officer)	$10,000	$0

990-PF

Filed on June 15, 2021

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

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Fiscal Year Ending Jan.
2020

Revenue

$71,152

Expenses

$162,864

Net Income

-$91,712

Net Assets

$1,552,891

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$4,148	5.8%
Dividends	$78,061	> 100%
Sales of Assets	$0
Other Income	$11,252	15.8%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$155,867	95.7%
Compensation of Officers*	$27,000	16.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,553,422
Total Liabilities	$531
Net Assets	$1,552,891

Compensation

Key Employees and Officers	Compensation	Other
J Richard Price (Officer)	$9,000	$0
Frank U Parent (Officer)	$9,000	$0
Andrew Parent (Officer)	$9,000	$0

990-PF

Filed on Dec. 15, 2020

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

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Fiscal Year Ending Jan.
2019

Revenue

$488,366

Expenses

$148,605

Net Income

$339,761

Net Assets

$1,644,603

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$4,080	0.8%
Dividends	$76,046	15.6%
Sales of Assets	$58,273	11.9%
Other Income	$349,967	71.7%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$142,951	96.2%
Compensation of Officers*	$24,000	16.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,644,969
Total Liabilities	$366
Net Assets	$1,644,603

Compensation

Key Employees and Officers	Compensation	Other
J Richard Price (Officer)	$8,000	$0
Frank U Parent (Officer)	$8,000	$0
Andrew Parent (Officer)	$8,000	$0

990-PF

Filed on Aug. 8, 2019

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

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Fiscal Year Ending Jan.
2018

Revenue

$184,611

Expenses

$146,477

Net Income

$38,134

Net Assets

$1,304,842

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$5,845	3.2%
Dividends	$69,705	37.8%
Sales of Assets	$96,938	52.5%
Other Income	$12,123	6.6%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$139,033	94.9%
Compensation of Officers*	$24,000	16.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,309,151
Total Liabilities	$4,309
Net Assets	$1,304,842

Compensation

Key Employees and Officers	Compensation	Other
J Richard Price (Officer)	$8,000	$0
Frank U Parent (Officer)	$8,000	$0
Andrew Parent (Officer)	$8,000	$0

990-PF

Filed on Dec. 14, 2018

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

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Fiscal Year Ending Jan.
2017

Revenue

$164,210

Expenses

$154,535

Net Income

$9,675

Net Assets

$1,266,708

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$5,634	3.4%
Dividends	$50,344	30.7%
Sales of Assets	$94,079	57.3%
Other Income	$14,153	8.6%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$143,448	92.8%
Compensation of Officers*	$24,000	15.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,266,708
Total Liabilities	$0
Net Assets	$1,266,708

Compensation

Key Employees and Officers	Compensation	Other
J Richard Price (Officer)	$8,000	$0
Frank U Parent (Officer)	$8,000	$0
Andrew Parent (Officer)	$8,000	$0

990-PF

Filed on Dec. 15, 2017

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

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Fiscal Year Ending Jan.
2016

Revenue

$105,325

Expenses

$151,297

Net Income

-$45,972

Net Assets

$1,257,033

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$6,572	6.2%
Dividends	$65,427	62.1%
Sales of Assets	$24,508	23.3%
Other Income	$8,818	8.4%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$144,825	95.7%
Compensation of Officers*	$24,000	15.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,257,033
Total Liabilities	$0
Net Assets	$1,257,033

Compensation

Key Employees and Officers	Compensation	Other
J Richard Price (Officer)	$8,000	$0
Frank U Parent (Officer)	$8,000	$0
Andrew Parent (Officer)	$8,000	$0

990-PF

Filed on Aug. 4, 2016

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

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Fiscal Year Ending Jan.
2015

Revenue

$187,122

Expenses

$159,951

Net Income

$27,171

Net Assets

$1,306,607

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$6,028	3.2%
Dividends	$75,493	40.3%
Sales of Assets	$98,310	52.5%
Other Income	$7,291	3.9%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$235,072	> 100%
Compensation of Officers*	$24,000	15.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,306,607
Total Liabilities	$0
Net Assets	$1,306,607

Compensation

Key Employees and Officers	Compensation	Other
J Richard Price (Officer)	$8,000	$0
Frank U Parent (Officer)	$8,000	$0
Andrew Parent (Officer)	$8,000	$0

990-PF

Filed on Dec. 14, 2015

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

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Fiscal Year Ending Jan.
2014

Revenue

$79,119

Expenses

$145,687

Net Income

-$66,568

Net Assets

$1,279,436

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$7,363	9.3%
Dividends	$60,200	76.1%
Sales of Assets	$2,669	3.4%
Other Income	$8,887	11.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$69,342	47.6%
Compensation of Officers*	$24,000	16.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,283,436
Total Liabilities	$4,000
Net Assets	$1,279,436

Compensation

Key Employees and Officers	Compensation	Other
J Richard Price (Director)	$8,000	$0
Frank U Parent (Treasurer)	$8,000	$0
Andrew Parent (V.P./ Secretary)	$8,000	$0

990-PF

Filed on June 6, 2014

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

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Fiscal Year Ending Jan.
2013

Revenue

$96,123

Expenses

$161,290

Net Income

-$65,167

Net Assets

$1,346,003

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$11,584	12.1%
Dividends	$53,920	56.1%
Sales of Assets	$19,701	20.5%
Other Income	$10,918	11.4%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$155,036	96.1%
Compensation of Officers*	$24,000	14.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,346,004
Total Liabilities	$1
Net Assets	$1,346,003

990-PF

Filed on Jan. 10, 2014

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

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Fiscal Year Ending Jan.
2012

Revenue

$134,756

Expenses

$146,078

Net Income

-$11,322

Net Assets

$1,412,513

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$18,025	13.4%
Dividends	$67,683	50.2%
Sales of Assets	$32,425	24.1%
Other Income	$16,623	12.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$139,709	95.6%
Compensation of Officers*	$24,000	16.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,412,514
Total Liabilities	$1
Net Assets	$1,412,513

990-PF

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

PDF

Fiscal Year Ending Jan.
2011

Revenue

$116,980

Expenses

$150,648

Net Income

-$33,668

Net Assets

$1,424,951

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$20,042	17.1%
Dividends	$50,730	43.4%
Sales of Assets	$25,592	21.9%
Other Income	$20,616	17.6%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$143,009	94.9%
Compensation of Officers*	$24,000	15.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,425,026
Total Liabilities	$75
Net Assets	$1,424,951

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

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Updated January 26, 2026

Kent Richard Hofmann Foundation Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $111k (2025)

Expenses $170k (2025)

Total Assets $1.73M (2025)

Total Liabilities $0 (2025)

Tax Filings by Year

Fiscal Year Ending Jan. 2025

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Jan. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Jan. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Jan. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Jan. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Jan. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Jan. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Jan. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Jan. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Jan. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Jan. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Jan. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

Revenue

$111k (2025)

Expenses

$170k (2025)

Total Assets

$1.73M (2025)

Total Liabilities

$0 (2025)

Fiscal Year Ending Jan.
2025

Fiscal Year Ending Jan.
2024

Fiscal Year Ending Jan.
2023

Fiscal Year Ending Jan.
2022

Fiscal Year Ending Jan.
2021

Fiscal Year Ending Jan.
2020

Fiscal Year Ending Jan.
2019

Fiscal Year Ending Jan.
2018

Fiscal Year Ending Jan.
2017

Fiscal Year Ending Jan.
2016

Fiscal Year Ending Jan.
2015

Fiscal Year Ending Jan.
2014

Fiscal Year Ending Jan.
2013

Fiscal Year Ending Jan.
2012

Fiscal Year Ending Jan.
2011

Fiscal Year Ending Jan.
2010

Fiscal Year Ending Jan.
2009

Fiscal Year Ending Jan.
2008

Fiscal Year Ending Jan.
2007

Fiscal Year Ending Jan.
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