Skip to main content

Nonprofit · EIN 42-1586900

KGNB-KNBT FOUNDATION INC

Tax-exempt · NEW BRAUNFELS, TX 78130

Financials

$145K$93K2023$9K$59K2024
Revenue Expenses · by fiscal year end
Financials of KGNB-KNBT FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$8,727$58,546-$49,819$3,943–$3,943
December 31, 2023990-EZ$144,870$93,418$51,452$53,761–$53,761
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$8,727

Expenses

Grants and similar amounts paid
$52,018
Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$6,348
Other expenses
$180
Program services (functional)
$52,018

Balance sheet and other

Total assets, start of year
$53,762
Total assets, end of year
$3,943
Total liabilities, end of year
–
Net assets, end of year
$3,943
Cash, savings and investments
$3,943
Gross receipts
$8,727

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-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
JOEL MATTSON RAINERPRESIDENT5$0
990-EZ for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
JOEL MATTSON RAINERPRESIDENT5$0

Address and contacts

Address (IRS master file)
1540 LOOP 337, NEW BRAUNFELS, TX 78130-3352
In care of
% FREDERICK G STOCKWELL
Mailing address (990-N for 2025)
1540 LOOP 337, NEW BRAUNFELS TX 78130
Principal officer (990-N for 2025)
JOEL MATTSON RAINER, C/O ORGANIZATION, 1540 LOOP 337, NEW BRAUNFELS TX 78130
Signed the 990-EZ
JOEL MATTSON RAINER, PRESIDENT
Phone
(830) 625-7311
Return prepared by
HOLTMAN & COMPANY LLC CPA'S

Mission

TO PROVIDE YOUTH, FAMILIES, AND COMMUNITIES OPPORTUNITIES FOR A BRIGHTER FUTURE.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • KGNB-KNBT FOUNDATION ORGANIZES THE ANNUAL AMERICANA JAM HELD AT GRUENE HALL IN NEW BRAUNFELS. THE PROCEEDS ARE DONATED DIRECTLY TO THE LOCAL COMMUNITY.
    Expenses $46,018 · grants $46,018
  • 6,000 FOR THE LOCAL FOOD BANK.
    Expenses $6,000 · grants $6,000

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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-N on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
42-1586900
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
2003
Accounting year ends
December
Files
Form 990-N (e-Postcard)

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2025
Officer: JOEL MATTSON RAINER
December 31, 2025≤ $50,000 receipts––e-Postcard
990-EZDecember 2024$8,727$58,546$3,943XML
990-EZDecember 2023$144,870$93,418$53,761XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 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 42-1586900).

Questions about KGNB-KNBT FOUNDATION INC

What is the EIN of KGNB-KNBT FOUNDATION INC?
The employer identification number (EIN) of KGNB-KNBT FOUNDATION INC is 42-1586900.
Is KGNB-KNBT FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
Are donations to KGNB-KNBT FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does KGNB-KNBT FOUNDATION INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of KGNB-KNBT FOUNDATION 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 KGNB-KNBT FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
Who is the principal officer of KGNB-KNBT FOUNDATION INC?
The 990-N for 2025 names JOEL MATTSON RAINER.
Who are the officers and directors of KGNB-KNBT FOUNDATION INC?
The 990-EZ for the year ended December 31, 2024 lists 1 person; 0 received compensation from the organization.
How much revenue does KGNB-KNBT FOUNDATION INC have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $8,727, expenses of $58,546 and total assets of $3,943 at year end.

Other nonprofits in NEW BRAUNFELS

All nonprofits in NEW BRAUNFELS · Texas · Arts, culture and humanities