Nonprofit · EIN 35-2015110
COMMUNITY SCHOOLS OF FRANKFORT EDUCATION FOUNDATION INC
Tax-exempt (reinstated) · FRANKFORT, IN 46041
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $145,201 | $87,077 | $58,124 | $444,609 | $0 | $444,609 |
| December 31, 2023 | 990-EZ | $117,281 | $91,758 | $25,523 | $386,485 | – | $386,485 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $109,423
- Program service revenue
- $0
- Investment income
- $35,778
- Net gain from sales of assets
- $17,612
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $49,246
- Other salaries and wages
- $9,412
- Salaries, compensation and benefits (total)
- $9,412
- Professional fundraising fees
- $0
- Accounting fees
- $1,365
- Program services (functional)
- $85,110
- Management and general (functional)
- $1,967
Balance sheet and other
- Total assets, start of year
- $386,485
- Total assets, end of year
- $444,609
- Total liabilities, end of year
- $0
- Net assets, end of year
- $444,609
- Publicly traded securities
- $338,967
- Gross receipts
- $302,742
- Employees
- 0
- Year formed
- 1997
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AMY BENEFIELD | DIRECTOR Trustee or director | 1 | $0 |
| BRET CAPPS | DIRECTOR Trustee or director | 1 | $0 |
| JOE CATRON | DIRECTOR Trustee or director | 1 | $0 |
| ERIC FARLEY | SECRETARY Trustee or director, Officer | 2 | $0 |
| JENNIFER FLYNN | DIRECTOR Trustee or director | 1 | $0 |
| ANA HERNANDEZ | DIRECTOR Trustee or director | 1 | $0 |
| BOB MARCUM | VICE-PRESIDE Trustee or director, Officer | 2 | $0 |
| LAURA MULLEN | DIRECTOR Trustee or director | 1 | $0 |
| DON RUSK | PRESIDENT Trustee or director, Officer | 2 | $0 |
| BETHANY SHEETS | EXECUTIVE DI Trustee or director | 12 | $0 |
| CHARNA VIRTUE | TREASURER Trustee or director, Officer | 2 | $0 |
990-EZ for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DON RUSK | PRESIDENT | 2 | $0 |
| BOB MARCUM | VICE-PRESIDE | 2 | $0 |
| ERIC FARLEY | SECRETARY | 2 | $0 |
| CHARNA VIRTUE | TREASURER | 2 | $0 |
| AMY BENEFIELD | DIRECTOR | 1 | $0 |
| LINDSEY BULTMAN | DIRECTOR | 1 | $0 |
| BRET CAPPS | DIRECTOR | 1 | $0 |
| JOE CATRON | DIRECTOR | 1 | $0 |
| JENNIFER FLYNN | DIRECTOR | 1 | $0 |
| ANA HERNANDEZ | DIRECTOR | 1 | $0 |
| LAURA MULLEN | DIRECTOR | 1 | $0 |
| BETHANY SHEETS | EXECUTIVE DI | 12 | $0 |
Address and contacts
- Address (IRS master file)
- 2400 E WABASH ST, FRANKFORT, IN 46041-9429
- Principal officer (990 for 2024)
- DON RUSK, 2400 E WABASH ST, FRANKFORT, IN 46041
- Signed the 990
- CHARNA VIRTUE, TREASURER
- Phone
- (765) 654-5585
- Return prepared by
- GIRARDOT STRAUCH & CO PC
Mission
TO SUPPORT THE COMMUNITY SCHOOLS OF FRANKFORT'S MISSION OF ENSURING EXCELLENCE FOR EVERY STUDENT EVERYDAY BY AWARDING TEACHER GRANTS AND STUDENT SCHOLARSHIPS THROUGH PHILANTHROPIC INVESTMENT AND COMMUNITY ENGAGEMENT
Program accomplishments
- STUDENT SCHOLARSHIPS, TEACHER GRANTS, AND STUDENT SUPPORTExpenses $85,110 · grants $49,246
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 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 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 35-2015110
- 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
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B12)
- Assets (IRS master file)
- $444,609
- Income (IRS master file)
- $302,742
Revocation and reinstatement
- Exemption revoked
- May 15, 2013
- Posted by the IRS
- August 12, 2013
- Reinstated
- Effective May 15, 2013
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $145,201 | $87,077 | $444,609 | IRS |
| 990-EZ | December 2023 | $117,281 | $91,758 | $386,485 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | 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 35-2015110).
Questions about COMMUNITY SCHOOLS OF FRANKFORT EDUCATION FOUNDATION INC
- What is the EIN of COMMUNITY SCHOOLS OF FRANKFORT EDUCATION FOUNDATION INC?
- The employer identification number (EIN) of COMMUNITY SCHOOLS OF FRANKFORT EDUCATION FOUNDATION INC is 35-2015110.
- Is COMMUNITY SCHOOLS OF FRANKFORT EDUCATION FOUNDATION INC tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2013 and reinstated it effective May 15, 2013.
- Are donations to COMMUNITY SCHOOLS OF FRANKFORT EDUCATION FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does COMMUNITY SCHOOLS OF FRANKFORT EDUCATION FOUNDATION 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 COMMUNITY SCHOOLS OF FRANKFORT EDUCATION 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 COMMUNITY SCHOOLS OF FRANKFORT EDUCATION FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of COMMUNITY SCHOOLS OF FRANKFORT EDUCATION FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names DON RUSK.
- Who are the officers and directors of COMMUNITY SCHOOLS OF FRANKFORT EDUCATION FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 11 people; 0 received compensation from the organization.
- How much revenue does COMMUNITY SCHOOLS OF FRANKFORT EDUCATION FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $145,201, expenses of $87,077 and total assets of $444,609 at year end.
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