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Nonprofit · EIN 03-0537017

KRAYOLA LEARNING ACADEMY INC

Tax-exempt (reinstated) · COVINGTON, TN 38019

Financials

$961K$990K2023$783K$743K2024$636K$661K2025
Revenue Expenses · by fiscal year end
Financials of KRAYOLA LEARNING ACADEMY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$635,863$660,829-$24,966$754,399$602,048$152,351
December 31, 2024990$783,004$743,421$39,583$805,573$636,664$168,909
December 31, 2023990$960,940$990,202-$29,262$979,049$660,518$318,531
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$635,863
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$335,825
Salaries, compensation and benefits (total)
$365,239
Professional fundraising fees
$0
Legal fees
$4,250
Travel
$1,529
Depreciation
$19,340
Program services (functional)
$660,809
Fundraising (functional)
$20

Balance sheet and other

Total assets, start of year
$805,573
Total assets, end of year
$754,399
Total liabilities, end of year
$602,048
Net assets, end of year
$152,351
Land, buildings and equipment
$561,202
Net assets without donor restrictions
$152,351
Gross receipts
$635,863
Employees
10
Volunteers
3
Year formed
2004
State of legal domicile
TN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
ROSE K STEMMONSPRESIDENT
Trustee or director, Officer
15$10,000
MELISSA TABERSECRETARY
Trustee or director, Officer
3$0
JACQUELINE BURNETTDIRECTOR
Trustee or director
2$0
CATHY HAILEY-KENT ESQDIRECTOR
Trustee or director
2$0
JERITHEA TIDWELL PHDDIRECTOR
Trustee or director
2$0
990 for the year ended December 31, 2024: 5 people
NameTitleHours / weekCompensation
ROSE K STEMMONSPRESIDENT
Trustee or director, Officer
15$7,000
MELISSA TABERSECRETARY
Trustee or director, Officer
3$0
JACQUELINE BURNETTDIRECTOR
Trustee or director
2$0
CATHY HAILEY-KENT ESQDIRECTOR
Trustee or director
2$0
JERITHEA TIDWELL PHDDIRECTOR
Trustee or director
2$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
ROSE K STEMMONSPRESIDENT
Trustee or director, Officer
15$12,000
MELISSA TABERSECRETARY
Trustee or director, Officer
3$0
JACQUELINE BURNETTDIRECTOR
Trustee or director
2$0
CATHY HAILEY-KENT ESQDIRECTOR
Trustee or director
2$0
JERITHEA TIDWELL PHDDIRECTOR
Trustee or director
2$0

Address and contacts

Address (IRS master file)
301 MUELLER BRASS RD, COVINGTON, TN 38019-3796
In care of
% ROSE STEMMONS
Principal officer (990 for 2025)
ROSE STEMMONS, 693 S TIPTON ROAD, MUNFORD, TN 38058
Signed the 990
ROSE STEMMONS, PRESIDENT
Phone
(901) 581-4430
Return prepared by
S H MICKENS & COMPANY

Mission

CHILD CARE AND DAY CARE FACILITIES IN A RURAL COMMUNITY

990 for the year ended December 31, 2025

Program accomplishments

  • CHILD CARE AND DAY CARE
    Expenses $660,809 · revenue $635,863

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
03-0537017
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2023
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B21)
Assets (IRS master file)
$754,399
Income (IRS master file)
$635,863

Revocation and reinstatement

Exemption revoked
May 15, 2022
Posted by the IRS
August 8, 2022
Reinstated
Effective May 15, 2022

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$635,863$660,829$754,399XML
990December 2024$783,004$743,421$805,573IRS
990December 2023$960,940$990,202$979,049XML
990December 2022$628,712$532,849$1,034,895IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 03-0537017).

Questions about KRAYOLA LEARNING ACADEMY INC

What is the EIN of KRAYOLA LEARNING ACADEMY INC?
The employer identification number (EIN) of KRAYOLA LEARNING ACADEMY INC is 03-0537017.
Is KRAYOLA LEARNING ACADEMY INC tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2022 and reinstated it effective May 15, 2022.
Are donations to KRAYOLA LEARNING ACADEMY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does KRAYOLA LEARNING ACADEMY INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of KRAYOLA LEARNING ACADEMY INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did KRAYOLA LEARNING ACADEMY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of KRAYOLA LEARNING ACADEMY INC?
The 990 for the year ended December 31, 2025 names ROSE STEMMONS.
Who are the officers and directors of KRAYOLA LEARNING ACADEMY INC?
The 990 for the year ended December 31, 2025 lists 5 people; 1 received compensation from the organization, the highest $10,000 (ROSE K STEMMONS, PRESIDENT).
How much revenue does KRAYOLA LEARNING ACADEMY INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $635,863, expenses of $660,829 and total assets of $754,399 at year end.

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