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Nonprofit · EIN 47-2494883

TQL FOUNDATION INC

Tax-exempt · CINCINNATI, OH 45245

Financials

$378K$2.4M2023$1.6M$1.9M2024
Revenue Expenses · by fiscal year end
Financials of TQL FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$1,574,094$1,936,209-$362,115$25,142,815$0$25,142,815
December 31, 2023990-PF$378,259$2,445,444-$2,067,185$25,504,333$0$25,504,333
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$579,133
Interest
$135,052
Net gain from sales of assets
$854,222
Other income
$5,687

Expenses

Grants and similar amounts paid
$1,780,759
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$1,794,447
Excise tax on investment income
$19,215

Balance sheet and other

Total assets, start of year
$25,504,333
Total assets, end of year
$25,142,815
Total liabilities, end of year
$0
Net assets, end of year
$25,142,815
Fair market value of assets
$33,395,419
Qualifying distributions
$1,794,447
Net investment income
$1,640,533

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
KENNETH G OAKS
4289 IVY POINTE BLVD, CINCINNATI, OH 45245
CHAIRMAN1$0
MICHAEL ZINS
4289 IVY POINTE BLVD, CINCINNATI, OH 45245
TREASURER1$0
KERRY BYRNE
4289 IVY POINTE BLVD, CINCINNATI, OH 45245
PRES/SEC1$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
KENNETH G OAKS
4289 IVY POINTE BLVD, CINCINNATI, OH 45245
CHAIRMAN1$0
MICHAEL ZINS
4289 IVY POINTE BLVD, CINCINNATI, OH 45245
TREASURER1$0
KERRY BYRNE
4289 IVY POINTE BLVD, CINCINNATI, OH 45245
PRES/SEC1$0

Address and contacts

Address (IRS master file)
4289 IVY POINTE BLVD, CINCINNATI, OH 45245-0002
In care of
% WILLIAM J KEATING JR
Signed the 990-PF
KERRY BYRNE, PRESIDENT/SECRETARY
Phone
(513) 495-6996
Return prepared by
DEAN DORTON ALLEN FORD PLLC

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
47-2494883
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
2016
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$25,142,815
Income (IRS master file)
$5,671,546

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$1,574,094$1,936,209$25,142,815XML
990-PFDecember 2023$378,259$2,445,444$25,504,333XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––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 47-2494883).

Questions about TQL FOUNDATION INC

What is the EIN of TQL FOUNDATION INC?
The employer identification number (EIN) of TQL FOUNDATION INC is 47-2494883.
Is TQL FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
Are donations to TQL FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does TQL FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of TQL 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 TQL FOUNDATION INC 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 TQL FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does TQL FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,574,094, expenses of $1,936,209 and total assets of $25,142,815 at year end.

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