Nonprofit · EIN 36-4981971
KURT THOMAS FOUNDATION
Tax-exempt · FRISCO, TX 75033
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $3,643 | $22,000 | -$18,357 | $46,177 | $0 | $46,177 |
| December 31, 2023 | 990 | $16,608 | $12,000 | $4,608 | $64,534 | $0 | $64,534 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $117,519
- Program service revenue
- $0
- Investment income
- $0
- Net income from fundraising events
- -$113,876
- Other revenue
- -$113,876
Expenses
- Grants and similar amounts paid
- $22,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $22,000
Balance sheet and other
- Total assets, start of year
- $64,534
- Total assets, end of year
- $46,177
- Total liabilities, end of year
- $0
- Net assets, end of year
- $46,177
- Net assets without donor restrictions
- $46,177
- Gross receipts
- $117,519
- Employees
- 0
- Year formed
- 2021
- State of legal domicile
- TX
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 |
|---|---|---|---|
| LORI BANNON | PRESIDENT Trustee or director, Officer | – | $0 |
| BECKIE THOMAS | VICE PRESIDE Trustee or director, Officer | – | $0 |
| CONNIE ONEILL | TREASURER Trustee or director | – | $0 |
| MICHAEL WILSON | DIRECTOR Trustee or director | – | $0 |
| MITCH GAYLORD | DIRECTOR Trustee or director | – | $0 |
| BARRY WOODWARD | DIRECTOR Trustee or director | – | $0 |
| JOHN ROETHLISBERGER | DIRECTOR Trustee or director | – | $0 |
| SCOTT MILLIS | DIRECTOR Trustee or director | – | $0 |
| JOHN MACREADY | DIRECTOR Trustee or director | – | $0 |
| DONNELL ROSE | DIRECTOR Trustee or director | – | $0 |
| NICK JONES | DIRECTOR Trustee or director | – | $0 |
| JAN EYMAN | DIRECTOR Trustee or director | – | $0 |
| HUNTER THOMAS | DIRECTOR Trustee or director | – | $0 |
| STEVE BUTCHER | DIRECTOR Trustee or director | – | $0 |
| FRANK KUDLAC | DIRECTOR Trustee or director | – | $0 |
990 for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LORI BANNON | PRESIDENT Trustee or director, Officer | – | $0 |
| BECKIE THOMAS | VICE PRESIDE Trustee or director, Officer | – | $0 |
| CONNIE ONEILL | TREASURER Trustee or director | – | $0 |
| MICHAEL WILSON | DIRECTOR Trustee or director | – | $0 |
| MITCH GAYLORD | DIRECTOR Trustee or director | – | $0 |
| BARRY WOODWARD | DIRECTOR Trustee or director | – | $0 |
| JOHN ROETHLISBERGER | DIRECTOR Trustee or director | – | $0 |
| SCOTT MILLIS | DIRECTOR Trustee or director | – | $0 |
| JOHN MACREADY | DIRECTOR Trustee or director | – | $0 |
| DONNELL ROSE | DIRECTOR Trustee or director | – | $0 |
| NICK JONES | DIRECTOR Trustee or director | – | $0 |
| JAN EYMAN | DIRECTOR Trustee or director | – | $0 |
| HUNTER THOMAS | DIRECTOR Trustee or director | – | $0 |
| DALLAS HALE | DIRECTOR Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- 10825 JOHN W ELLIOTT DRIVE, FRISCO, TX 75033-2777
- In care of
- % REBECCA THOMAS
- Principal officer (990 for 2024)
- CONNIE ONEILL, 10825 JOHN W ELLIOTT DRIVE, FRISCO, TX 75034
- Signed the 990
- CONNIE ONEILL, TREASURER
- Phone
- (214) 476-8300
- Website
- WWW.KURTTHOMASFOUNDATION.COM
- Return prepared by
- LIGHTFOOT GUEST MOORE & CO PC
Mission
TO EXPOSE YOUTH TO THEIR OWN POWER TO REACH THEIR HIGHEST POTENTIAL AND EMPOWER THEM TO MAKE A DIFFERENCE.
Program accomplishments
- EMPOWERING YOUTH TO MAKE A DIFFERENCE AND REACH THEIR HIGHEST POTENTIAL WHILE RAISING FUNDS TO PROVIDE A SCHOLARSHIP(S) TO A DESERVING GYMNAST.Expenses $22,000 · grants $22,000
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 on file |
IRS record
- EIN
- 36-4981971
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2021
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N40)
- Assets (IRS master file)
- $46,177
- Income (IRS master file)
- $117,519
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $3,643 | $22,000 | $46,177 | XML |
| 990 | December 2023 | $16,608 | $12,000 | $64,534 | XML |
| 990 | December 2022 | $28,533 | $20,000 | $59,926 | IRS |
| 990 | December 2021 | – | – | – | 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 36-4981971).
Questions about KURT THOMAS FOUNDATION
- What is the EIN of KURT THOMAS FOUNDATION?
- The employer identification number (EIN) of KURT THOMAS FOUNDATION is 36-4981971.
- Is KURT THOMAS FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to KURT THOMAS FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does KURT THOMAS FOUNDATION 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 KURT THOMAS 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 KURT THOMAS FOUNDATION 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 KURT THOMAS FOUNDATION?
- The 990 for the year ended December 31, 2024 names CONNIE ONEILL.
- Who are the officers and directors of KURT THOMAS FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 15 people; 0 received compensation from the organization.
- How much revenue does KURT THOMAS FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $3,643, expenses of $22,000 and total assets of $46,177 at year end.
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