Nonprofit · EIN 20-0461429
GRAVES FOUNDATION INC
Tax-exempt · COLORADO CITY, TX 79512
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $208,805 | $177,975 | $30,830 | $3,018,134 | $6,200 | $3,011,934 |
| December 31, 2023 | 990-PF | $151,051 | $190,574 | -$39,523 | $2,878,399 | $5,000 | $2,873,399 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $60,702
- Net gain from sales of assets
- $147,536
- Other income
- $567
Expenses
- Grants and similar amounts paid
- $140,000
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $140,000
- Excise tax on investment income
- $2,443
Balance sheet and other
- Total assets, start of year
- $2,878,399
- Total assets, end of year
- $3,018,134
- Total liabilities, end of year
- $6,200
- Net assets, end of year
- $3,011,934
- Fair market value of assets
- $3,018,133
- Qualifying distributions
- $140,000
- Net investment income
- $208,305
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-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEPHEN GRAVES 1616 PAPER MOON DRIVE, CEDAR PARK, TX 78613 | DIRECTOR | 0 | $0 |
| DANIEL SHELLEY 1122 COLORADO 1711, AUSTIN, TX 78707 | DIRECTOR | 0 | $0 |
| BILL GRAVES 3633 COUNTRY CLUB RD, SAN ANGELO, TX 76904 | DIRECTOR | 0 | $0 |
| JIM CLAYTON 1602 CRESTED BUTTE DRIVE, AUSTIN, TX 78746 | DIRECTOR | 0 | $0 |
| LILIANA CORDOBA GRAVES 1616 PAPER MOON DRIVE, CEDAR PARK, TX 78613 | DIRECTOR | 0 | $0 |
| KRISTEN DANIEL 1560 LORSON LOOP, ROUND ROCK, TX 78665 | DIRECTOR | 0 | $0 |
| ELIZABETH TARTER 1134 KINTA TRAIL, WICHITA FALLS, TX 76310 | VICE PRESIDENT | 0 | $0 |
| BRENDA HAMMOND 422 E 9TH ST, COLORADO CITY, TX 79512 | TREASURER/BINGO CHAIR | 0 | $0 |
| JO ELLEN WOOD 782 FM 1594, CROWELL, TX 79227 | PRESIDENT | 0 | $0 |
| LINDA CHURCH GRAVES 390 GARDEN HEIGHTS, HARRISBURG, IL 72946 | DIRECTOR | 0 | $0 |
| REBECCA GARZA 1116 E 18TH ST, COLORADO CITY, TX 79512 | SECRETARY | 0 | $0 |
| TYLER WOOD 4802 29TH STREET, LUBBOCK, TX 79410 | DIRECTOR | 0 | $0 |
| SARA TYRA 202 W SHADY SHORES, SHADY SHORES, TX 76208 | DIRECTOR | 0 | $0 |
990-PF for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEPHEN GRAVES 1616 PAPER MOON DRIVE, CEDAR PARK, TX 78613 | DIRECTOR | 0 | $0 |
| DANIEL SHELLEY 1122 COLORADO 1711, AUSTIN, TX 78707 | DIRECTOR | 0 | $0 |
| BILL GRAVES 3633 COUNTRY CLUB RD, SAN ANGELO, TX 76904 | DIRECTOR | 0 | $0 |
| JIM CLAYTON 1602 CRESTED BUTTE DRIVE, AUSTIN, TX 78746 | DIRECTOR | 0 | $0 |
| LILIANA CORDOBA GRAVES 1616 PAPER MOON DRIVE, CEDAR PARK, TX 78613 | DIRECTOR | 0 | $0 |
| KRISTEN DANIEL 1560 LORSON LOOP, ROUND ROCK, TX 78665 | DIRECTOR | 0 | $0 |
| ELIZABETH TARTER 1134 KINTA TRAIL, WICHITA FALLS, TX 76310 | VICE PRESIDENT | 0 | $0 |
| BRENDA HAMMOND 422 E 9TH ST, COLORADO CITY, TX 79512 | TREASURER/BINGO CHAIR | 0 | $0 |
| JO ELLEN WOOD 782 FM 1594, CROWELL, TX 79227 | PRESIDENT | 0 | $0 |
| LINDA CHURCH GRAVES 390 GARDEN HEIGHTS, HARRISBURG, IL 72946 | DIRECTOR | 0 | $0 |
| REBECCA GARZA 1116 E 18TH ST, COLORADO CITY, TX 79512 | SECRETARY | 0 | $0 |
| TYLER WOOD 4802 29TH STREET, LUBBOCK, TX 79410 | DIRECTOR | 0 | $0 |
| SARA TYRA 202 W SHADY SHORES, SHADY SHORES, TX 76208 | DIRECTOR | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 422 E 9TH ST, COLORADO CITY, TX 79512-5110
- In care of
- % GORDON T GRAVES
- Signed the 990-PF
- BRENDA HAMMOND, TREASURER
- Phone
- (940) 372-3210
- Return prepared by
- CALHOUN THOMSON MATZA LLP
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 20-0461429
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2004
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $3,018,134
- Income (IRS master file)
- $1,056,929
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $208,805 | $177,975 | $3,018,134 | IRS |
| 990-PF | December 2023 | $151,051 | $190,574 | $2,878,399 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
| 990-PF | December 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 20-0461429).
Questions about GRAVES FOUNDATION INC
- What is the EIN of GRAVES FOUNDATION INC?
- The employer identification number (EIN) of GRAVES FOUNDATION INC is 20-0461429.
- Is GRAVES FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
- Are donations to GRAVES FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does GRAVES FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of GRAVES FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GRAVES FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of GRAVES FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 13 people; 0 received compensation from the organization.
- How much revenue does GRAVES FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $208,805, expenses of $177,975 and total assets of $3,018,134 at year end.
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All nonprofits in COLORADO CITY · Texas · Philanthropy, voluntarism and grantmaking foundations