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Limestone Area Community Foundation Inc

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 / Community Foundations (NTEE)

Donations to this organization are tax deductible.

Details

According to its Sept. 2024 tax filing, this nonprofit:

Operated a donor-advised fund
Organization maintained a donor-advised fund or similar account through which donors could direct the distribution or investment of funds. Details are reported on Schedule D.

Summary charts: organization finances over time

Revenue
$73.8k (2024)

Expenses
$92.1k (2024)

Total Assets
$645k (2024)

Total Liabilities
$0 (2024)

Years with multiple filings
Source: Form 990 tax filings from 2012 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 Sept.
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$73,760
Expenses
$92,139
Net Income
-$18,379
Net Assets
$645,354
Notable Sources of Revenue Percent of Total Revenue
Contributions $42,000
56.9%
Program Services $0
Investment Income $16,550
22.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $15,210
20.6%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $645,354
Total Liabilities $0
Net Assets $645,354
Other
Operated a donor-advised fund
Compensation
Key Employees and Officers Compensation Related Other
Kaye Mcfarlen (Executive Director) $0 $0 $0
John Carter (Chair) $0 $0 $0
Kimberly Bell (Vice Chair) $0 $0 $0
Denver Betts (Vice Chair) $0 $0 $0
Annette Barnes (Treasurer) $0 $0 $0
Britley Brown (Director) $0 $0 $0
Kay Burlingame (Director) $0 $0 $0
Dana Henry (Director) $0 $0 $0
Jeff Hodges (Director) $0 $0 $0
John Hubbs (Director) $0 $0 $0
Chris Lathem Brown (Director) $0 $0 $0
Kurt Leopard (Director) $0 $0 $0
Brad Lewis (Director) $0 $0 $0
Kadaija Madden (Director) $0 $0 $0
Randall Moore (Director) $0 $0 $0
Ray Neese (Director) $0 $0 $0
Beth Patton (Director) $0 $0 $0
Brook Pettus (Director) $0 $0 $0
Susan Riddle (Director) $0 $0 $0
Bethany Shockney (Director) $0 $0 $0
Allison Usery (Director) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$66,175
Expenses
$103,213
Net Income
-$37,038
Net Assets
$663,733
Notable Sources of Revenue Percent of Total Revenue
Contributions $32,781
49.5%
Program Services $0
Investment Income $16,683
25.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $16,711
25.3%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $663,733
Total Liabilities $0
Net Assets $663,733
Other
Operated a donor-advised fund
Compensation
Key Employees and Officers Compensation Related Other
Kaye Mcfarlen (Executive Director) $0 $0 $0
John Carter (Chair) $0 $0 $0
Kimberly Bell (Vice Chair) $0 $0 $0
Denver Betts (Vice Chair) $0 $0 $0
Annette Barnes (Treasurer) $0 $0 $0
Britley Brown (Director) $0 $0 $0
Kay Burlingame (Director) $0 $0 $0
Dana Henry (Director) $0 $0 $0
Jeff Hodges (Director) $0 $0 $0
John Hubbs (Director) $0 $0 $0
Chris Lathem Brown (Director) $0 $0 $0
Kurt Leopard (Director) $0 $0 $0
Brad Lewis (Director) $0 $0 $0
Kadaija Madden (Director) $0 $0 $0
Randall Moore (Director) $0 $0 $0
Ray Neese (Director) $0 $0 $0
Beth Patton (Director) $0 $0 $0
Brook Pettus (Director) $0 $0 $0
Susan Riddle (Director) $0 $0 $0
Bethany Shockney (Director) $0 $0 $0
Allison Usery (Director) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,418
Expenses
$7,575
Net Income
-$4,157
Net Assets
$712,816
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $2,066
60.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,352
39.6%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $712,816
Total Liabilities $0
Net Assets $712,816
Other
Operated a donor-advised fund
Compensation
Key Employees and Officers Compensation Related Other
Jeff Hodges (Director) $0 $0 $0
John Carter (Director) $0 $0 $0
Dana Henry (Director) $0 $0 $0
Annette Barnes (Chair) $0 $0 $0
Kay Burlingame (Director) $0 $0 $0
Beth Patton (Director) $0 $0 $0
Kadaija Madden (Director) $0 $0 $0
Jackie Jackson (Director) $0 $0 $0
Kurt Leopard (Director) $0 $0 $0
John Hubbs (Director) $0 $0 $0
Bethany Shockney (Director) $0 $0 $0
Denver Betts (Director) $0 $0 $0
Jason Brooks (Director) $0 $0 $0
Randy Moore (Director) $0 $0 $0
Ray Neese (Director) $0 $0 $0
Susan Riddle (Director) $0 $0 $0
Britley Brown (Director) $0 $0 $0
Dr Kim Bell (Director) $0 $0 $0
Wesley Harris (Director) $0 $0 $0
Brad Lewis (Director) $0 $0 $0
Colin Daly (Ex Officio Board Member) $0 $0 $0
William R Marks (Ex Officio Board Member) $0 $0 $0
Kaye Mcfarlen (Executive Director) $0 $0 $0

Document Links

Fiscal Year Ending July
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$64,521
Expenses
$102,643
Net Income
-$38,122
Net Assets
$716,973
Notable Sources of Revenue Percent of Total Revenue
Contributions $34,545
53.5%
Program Services $0
Investment Income $15,930
24.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $14,046
21.8%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $716,973
Total Liabilities $0
Net Assets $716,973
Other
Operated a donor-advised fund
Compensation
Key Employees and Officers Compensation Related Other
Jeff Hodges (Director) $0 $0 $0
John Carter (Director) $0 $0 $0
Dana Henry (Director) $0 $0 $0
Annette Barnes (Chair) $0 $0 $0
Kay Burlingame (Director) $0 $0 $0
Beth Patton (Director) $0 $0 $0
Kadaija Madden (Director) $0 $0 $0
Jackie Jackson (Director) $0 $0 $0
Kurt Leopard (Director) $0 $0 $0
John Hubbs (Director) $0 $0 $0
Bethany Shockney (Director) $0 $0 $0
Denver Betts (Director) $0 $0 $0
Jason Brooks (Director) $0 $0 $0
Randy Moore (Director) $0 $0 $0
Ray Neese (Director) $0 $0 $0
Susan Riddle (Director) $0 $0 $0
Britley Brown (Director) $0 $0 $0
Dr Kim Bell (Director) $0 $0 $0
Wesley Harris (Director) $0 $0 $0
Brad Lewis (Director) $0 $0 $0
Colin Daly (Ex Officio Board Member) $0 $0 $0
William R Marks (Ex Officio Board Member) $0 $0 $0
Kaye Mcfarlen (Executive Director) $0 $0 $0

Document Links

Fiscal Year Ending July
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$83,085
Expenses
$57,193
Net Income
$25,892
Net Assets
$755,095
Notable Sources of Revenue Percent of Total Revenue
Contributions $15,450
18.6%
Program Services $0
Investment Income $14,201
17.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $53,434
64.3%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $755,095
Total Liabilities $0
Net Assets $755,095
Other
Operated a donor-advised fund
Compensation
Key Employees and Officers Compensation Related Other
Fred Pepper (Director) $0 $0 $0
Jeff Hodges (Director) $0 $0 $0
John Carter (Director) $0 $0 $0
Dana Henry (President) $0 $0 $0

Document Links

Fiscal Year Ending July
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$76,237
Expenses
$89,603
Net Income
-$13,366
Net Assets
$729,203
Notable Sources of Revenue Percent of Total Revenue
Contributions $32,858
43.1%
Program Services $0
Investment Income $17,459
22.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $25,920
34.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $729,203
Total Liabilities $0
Net Assets $729,203
Other
Operated a donor-advised fund
Compensation
Key Employees and Officers Compensation Related Other
Fred Pepper (Director) $0 $0 $0
Jeff Hodges (Director) $0 $0 $0
John Carter (Director) $0 $0 $0
Ros Richardson (Vice President) $0 $0 $0
Dana Henry (President) $0 $0 $0

Document Links

Fiscal Year Ending July
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$72,444
Expenses
$68,137
Net Income
$4,307
Net Assets
$742,569
Notable Sources of Revenue Percent of Total Revenue
Contributions $23,788
32.8%
Program Services $0
Investment Income $22,227
30.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $26,429
36.5%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $742,569
Total Liabilities $0
Net Assets $742,569
Other
Operated a donor-advised fund
Compensation
Key Employees and Officers Compensation Related Other
Fred Pepper (Director) $0 $0 $0
Jeff Hodges (Director) $0 $0 $0
John Carter (Director) $0 $0 $0
Ros Richardson (Vice President) $0 $0 $0
Dana Henry (President) $0 $0 $0

Document Links

Fiscal Year Ending July
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$87,923
Expenses
$103,421
Net Income
-$15,498
Net Assets
$738,262
Notable Sources of Revenue Percent of Total Revenue
Contributions $51,896
59.0%
Program Services $0
Investment Income $21,185
24.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $14,842
16.9%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $8,000
7.7%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $738,262
Total Liabilities $0
Net Assets $738,262
Other
Operated a donor-advised fund
Compensation
Key Employees and Officers Compensation Related Other
Fred Pepper (President) $0 $0 $0
Jeff Hodges (Director) $0 $0 $0
John Carter (Director) $0 $0 $0
Ros Richardson (Vice President) $0 $0 $0
Dana Henry (Director) $0 $0 $0

Document Links

Fiscal Year Ending July
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$105,563
Expenses
$140,792
Net Income
-$35,229
Net Assets
$753,760
Notable Sources of Revenue Percent of Total Revenue
Contributions $76,414
72.4%
Program Services $0
Investment Income $22,671
21.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $6,478
6.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $12,500
8.9%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $754,188
Total Liabilities $428
Net Assets $753,760
Other
Operated a donor-advised fund
Compensation
Key Employees and Officers Compensation Related Other
Martha Jo Leonard (Director) $12,500 $0 $0
Fred Pepper (President) $0 $0 $0
Jeff Hodges (Director) $0 $0 $0
John Carter (Director) $0 $0 $0
Ros Richardson (Vice President) $0 $0 $0
Dana Henry (Director) $0 $0 $0

Document Links

Fiscal Year Ending July
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$157,625
Expenses
$80,296
Net Income
$77,329
Net Assets
$788,989
Notable Sources of Revenue Percent of Total Revenue
Contributions $138,593
87.9%
Program Services $0
Investment Income $25,146
16.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$6,114
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $11,000
13.7%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $789,215
Total Liabilities $226
Net Assets $788,989
Other
Operated a donor-advised fund
Compensation
Key Employees and Officers Compensation Related Other
Martha Jo Leonard (Director) $11,000 $0 $0
Fred Pepper (President) $0 $0 $0
Jeff Hodges (Director) $0 $0 $0
John Carter (Director) $0 $0 $0
Ros Richardson (Vice President) $0 $0 $0
Dana Henry (Director) $0 $0 $0

Document Links

Fiscal Year Ending July
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$80,662
Expenses
$88,412
Net Income
-$7,750
Net Assets
$711,660
Notable Sources of Revenue Percent of Total Revenue
Contributions $63,665
78.9%
Program Services $0
Investment Income $21,914
27.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$4,917
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $12,000
13.6%
Assets/Debt
Total Assets $712,063
Total Liabilities $403
Net Assets $711,660
Other
Operated a donor-advised fund
Compensation
Key Employees and Officers Compensation Related Other
Fred Pepper (President) $0 $0 $0
Jeff Hodges (Director) $0 $0 $0
John Carter (Director) $0 $0 $0
Ros Richardson (Vice President) $0 $0 $0
Dana Henry (Director) $0 $0 $0
Martha Jo Leonard (Director) $0 $0 $0

Document Links

Fiscal Year Ending July
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$31,671
Expenses
$79,813
Net Income
-$48,142
Net Assets
$719,410
Notable Sources of Revenue Percent of Total Revenue
Contributions $31,653
99.9%
Program Services $0
Investment Income $27,426
86.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$27,408
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $12,000
15.0%
Assets/Debt
Total Assets $719,813
Total Liabilities $403
Net Assets $719,410
Other
Operated a donor-advised fund
Compensation
Key Employees and Officers Compensation Related Other
Fred Pepper (President) $0 $0 $0
Jeff Hodges (Director) $0 $0 $0
John Carter (Director) $0 $0 $0
Ros Richardson (Vice President) $0 $0 $0
Dana Henry (Director) $0 $0 $0
Martha Jo Leonard (Director) $0 $0 $0

Document Links

Fiscal Year Ending July
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$80,328
Expenses
$76,884
Net Income
$3,444
Net Assets
$767,552
Notable Sources of Revenue Percent of Total Revenue
Contributions $34,009
42.3%
Program Services $0
Investment Income $18,145
22.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $28,174
35.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $12,000
15.6%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $767,955
Total Liabilities $403
Net Assets $767,552

Document Links

Fiscal Year Ending July
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$64,500
Expenses
$94,321
Net Income
-$29,821
Net Assets
$764,108
Notable Sources of Revenue Percent of Total Revenue
Contributions $38,865
60.3%
Program Services $0
Investment Income $25,449
39.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $186
0.3%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $12,000
12.7%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $764,491
Total Liabilities $383
Net Assets $764,108

Document Links

Fiscal Year Ending July
2011

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

Fiscal Year Ending July
2010

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

Fiscal Year Ending July
2009

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

Fiscal Year Ending July
2008

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

Fiscal Year Ending July
2007

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

Fiscal Year Ending July
2006

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

Fiscal Year Ending July
2005

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

Fiscal Year Ending July
2004

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

Fiscal Year Ending July
2003

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

Fiscal Year Ending July
2002

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

Fiscal Year Ending July
2001

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

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 »

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  • Raw filing data. Includes EINs and summary financials as structured data.
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