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Nonprofit · EIN 45-6281931

HOWARD L FRANKS MEMORIAL SCHOLARSHIP TR

Tax-exempt (reinstated) · ALBUQUERQUE, NM 87110

Financials

$8K$43K2023$29K$44K2024
Revenue Expenses · by fiscal year end
Financials of HOWARD L FRANKS MEMORIAL SCHOLARSHIP TR by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$28,559$43,793-$15,234$379,112$0$379,112
December 31, 2023990-PF$7,606$42,594-$34,988$394,346$0$394,346
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$11,752
Interest
$523
Net gain from sales of assets
$16,264
Other income
$20

Expenses

Grants and similar amounts paid
$29,887
Compensation of officers, directors and key employees
$4,349
Disbursements for charitable purposes
$29,887
Excise tax on investment income
$265

Balance sheet and other

Total assets, start of year
$394,346
Total assets, end of year
$379,112
Total liabilities, end of year
$0
Net assets, end of year
$379,112
Fair market value of assets
$379,240
Qualifying distributions
$29,887
Net investment income
$28,559

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.

NameTitleHours / weekCompensation
ZIA TRUST INC
6301 INDIAN SCHOOL RD NE SUTIE 800, ALBUQUERQUE, NM 87110
TRUSTEE10$4,349
990-PF for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
Zia Trust Inc
6301 Indian School Rd NE Sutie 800, Albuquerque, NM 87110
Trustee10$4,320

Address and contacts

Address (IRS master file)
6301 INDIAN SCHOOL RD NE SUITE 80, ALBUQUERQUE, NM 87110-8102
In care of
% ZIA TRUST INC
Signed the 990-PF
TERESA DEMENGE, TRUSTEE
Phone
(505) 881-3338
Return prepared by
REDW LLC

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
45-6281931
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
2015
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$379,112
Income (IRS master file)
$55,423

Revocation and reinstatement

Exemption revoked
May 15, 2014
Posted by the IRS
August 11, 2014
Reinstated
Effective May 15, 2014

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$28,559$43,793$379,112XML
990-PFDecember 2023$7,606$42,594$394,346XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 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 45-6281931).

Questions about HOWARD L FRANKS MEMORIAL SCHOLARSHIP TR

What is the EIN of HOWARD L FRANKS MEMORIAL SCHOLARSHIP TR?
The employer identification number (EIN) of HOWARD L FRANKS MEMORIAL SCHOLARSHIP TR is 45-6281931.
Is HOWARD L FRANKS MEMORIAL SCHOLARSHIP TR tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2014 and reinstated it effective May 15, 2014.
Are donations to HOWARD L FRANKS MEMORIAL SCHOLARSHIP TR tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does HOWARD L FRANKS MEMORIAL SCHOLARSHIP TR file?
Form 990-PF. Private foundations file every year.
When is the next return of HOWARD L FRANKS MEMORIAL SCHOLARSHIP TR 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 HOWARD L FRANKS MEMORIAL SCHOLARSHIP TR 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 HOWARD L FRANKS MEMORIAL SCHOLARSHIP TR?
The 990-PF for the year ended December 31, 2024 lists 1 person; 1 received compensation from the organization, the highest $4,349 (ZIA TRUST INC, TRUSTEE).
How much revenue does HOWARD L FRANKS MEMORIAL SCHOLARSHIP TR have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $28,559, expenses of $43,793 and total assets of $379,112 at year end.

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