Nonprofit · EIN 20-1858697
DOROTHY GAINES FOUNDATION
Tax-exempt · HILLSBORO, TX 76645
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $200,300 | $95,887 | $104,413 | $1,526,988 | $0 | $1,526,988 |
| December 31, 2023 | 990-PF | $60,484 | $102,222 | -$41,738 | $1,422,575 | $0 | $1,422,575 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $36,196
- Interest
- $1
- Net gain from sales of assets
- $164,103
Expenses
- Grants and similar amounts paid
- $73,800
- Compensation of officers, directors and key employees
- $5,906
- Disbursements for charitable purposes
- $78,269
- Excise tax on investment income
- $2,544
Balance sheet and other
- Total assets, start of year
- $1,422,575
- Total assets, end of year
- $1,526,988
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,526,988
- Fair market value of assets
- $1,587,318
- Qualifying distributions
- $78,269
- Net investment income
- $200,300
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 |
|---|---|---|---|
| Marcia Curtis-Hornsby 9420 Northcliff, Dallas, TX 75218 | Director | 1 | $1,400 |
| Michelle Curtis Wade 402 Cho Street, Hillsboro, TX 76645 | Treasurer | 1 | $1,400 |
| Ronell Wade 402 Cho Street, Hillsboro, TX 76645 | Director | 1 | $1,400 |
| Stephen N Smith 106 Milford Rd, Hillsboro, TX 76645 | Secretary | 1 | $1,400 |
990-PF for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Marcia Curtis-Hornsby 9420 Northcliff, Dallas, TX 75218 | Director | 1 | $1,706 |
| Michelle Curtis Wade 402 Cho Street, Hillsboro, TX 76645 | Treasurer | 1 | $1,400 |
| Ronell Wade 402 Cho Street, Hillsboro, TX 76645 | Director | 1 | $1,400 |
| Stephen N Smith 106 Milford Rd, Hillsboro, TX 76645 | Secretary | 1 | $1,050 |
Address and contacts
- Address (IRS master file)
- PO BOX 338, HILLSBORO, TX 76645-0338
- In care of
- % DORTHY GAINES
- Signed the 990-PF
- Michelle Curtis Wade, Treasurer
- Phone
- (254) 582-2536
- Return prepared by
- Susan Swilling CPA
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
- 20-1858697
- 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
- 2005
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $1,526,988
- Income (IRS master file)
- $321,639
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $200,300 | $95,887 | $1,526,988 | XML |
| 990-PF | December 2023 | $60,484 | $102,222 | $1,422,575 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | 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 20-1858697).
Questions about DOROTHY GAINES FOUNDATION
- What is the EIN of DOROTHY GAINES FOUNDATION?
- The employer identification number (EIN) of DOROTHY GAINES FOUNDATION is 20-1858697.
- Is DOROTHY GAINES FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
- Are donations to DOROTHY GAINES FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does DOROTHY GAINES FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of DOROTHY GAINES FOUNDATION 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 DOROTHY GAINES FOUNDATION 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 DOROTHY GAINES FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 4 people; 4 received compensation from the organization, the highest $1,400 (Marcia Curtis-Hornsby, Director).
- How much revenue does DOROTHY GAINES FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $200,300, expenses of $95,887 and total assets of $1,526,988 at year end.
Other nonprofits in HILLSBORO
- HILLSBORO FOUNDATION INC EIN 74-2528022 · last filed 990-N for 2025
- HILL REGIONAL PHYSICIAN GROUP INC EIN 85-3082840 · last filed 990 for 2024
- HILL JUNIOR COLLEGE DEVELOPMENT FOUNDATION INCORPORATED EIN 75-1525282 · last filed 990 for 2025
- NORTH TEXAS AIRSTREAM COMMUNITY INC EIN 75-2332127 · last filed 990 for 2024
- CASA OF HILL COUNTY TEXAS EIN 83-0530928 · last filed 990 for 2025
- HILL COUNTY CHRISTIAN ACADEMY EIN 85-1395203 · last filed 990 for 2025
- GEORGE G & ALVA HUDSON SMITH FOUNDATION EIN 74-2653426 · last filed 990-PF for 2025
- HILL COUNTY PAW PALS EIN 20-1404233 · last filed 990 for 2024
All nonprofits in HILLSBORO · Texas · Philanthropy, voluntarism and grantmaking foundations