Nonprofit · EIN 56-2648081
FRANKFORT INDEPENDENT SCHOOLS EDUCATION FOUNDATION INC
Tax-exempt · FRANKFORT, KY 40602
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2024 | 990 | $14,070 | $32,568 | -$18,498 | $232,139 | $0 | $232,139 |
Financial details: 990 for the year ended June 30, 2024
Revenue
- Contributions, gifts and grants
- $14,070
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $32,123
- Management and general (functional)
- $445
Balance sheet and other
- Total assets, start of year
- $250,637
- Total assets, end of year
- $232,139
- Total liabilities, end of year
- $0
- Net assets, end of year
- $232,139
- Net assets without donor restrictions
- $232,139
- Gross receipts
- $14,070
- Employees
- 0
- Year formed
- 2007
- State of legal domicile
- KY
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 June 30, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FREIDA HARRIS | BOARD MEMBER Trustee or director | 1 | $0 |
| BILL RODGERS | BOARD MEMBER Trustee or director | 1 | $0 |
| SHEILA MASON BURTON | BOARD MEMBER Trustee or director | 1 | $0 |
| KATHRYN MITCHELL | BOARD MEMBER Trustee or director | 1 | $0 |
| PAUL LOONEY | Chairman Officer | 1 | $0 |
| STEVE BROOKS | Secretary Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 5443, FRANKFORT, KY 40602-5443
- In care of
- % SHERRILL SMITH
- Mailing address (990-N for 2024)
- PO BOX 5443, FRANKFORT KY 40602
- Principal officer (990 for 2023)
- PAUL LOONEY, PO BOX 5443, FRANKFORT, KY 40602
- Principal officer (990-N for 2024)
- PAUL LOONEY, PO BOX 5443, FRANKFORT KY 40602
- Signed the 990
- PAUL LOONEY, Treasurer
- Phone
- (502) 875-8661
- Return prepared by
- CHARLES T MITCHELL CO PLLC
Mission
SOLICIATION, COLLECTION, MANAGEMENT AND DISTRIBUTION OF FUNDS TO SUPPORT FACILITIES, PROGRAMS AND STUDENTS OF THE FRANKFORT INDEPENDENT SCHOOL DISTRICT.
Program accomplishments
- DONATIONS/PURCHASES OF ITEMS FOR SUPPORT, FACILITY IMPROVEMENTS, PROGRAM SUPPORT FOR THE STUDENTS OF THE FRANKFORT INDEPENDENT SCHOOL DISTRICT.Expenses $32,123
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-N on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 56-2648081
- 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
- 2007
- Accounting year ends
- June
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Education (B112)
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-N for 2024 Officer: PAUL LOONEY | June 30, 2025 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990 | June 2024 | $14,070 | $32,568 | $232,139 | IRS |
| 990-N for 2022 Officer: PAUL LOONEY | June 30, 2023 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2021 Officer: PAUL LOONEY | June 30, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990-N for 2017 Officer: JOSEPH JOHNSON | June 30, 2018 | ≤ $50,000 receipts | – | – | e-Postcard |
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 56-2648081).
Questions about FRANKFORT INDEPENDENT SCHOOLS EDUCATION FOUNDATION INC
- What is the EIN of FRANKFORT INDEPENDENT SCHOOLS EDUCATION FOUNDATION INC?
- The employer identification number (EIN) of FRANKFORT INDEPENDENT SCHOOLS EDUCATION FOUNDATION INC is 56-2648081.
- Is FRANKFORT INDEPENDENT SCHOOLS EDUCATION FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
- Are donations to FRANKFORT INDEPENDENT SCHOOLS EDUCATION FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FRANKFORT INDEPENDENT SCHOOLS EDUCATION FOUNDATION INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of FRANKFORT INDEPENDENT SCHOOLS EDUCATION FOUNDATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FRANKFORT INDEPENDENT SCHOOLS EDUCATION FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-N for 2024 for the year ended June 30, 2025.
- Who is the principal officer of FRANKFORT INDEPENDENT SCHOOLS EDUCATION FOUNDATION INC?
- The 990 for the year ended June 30, 2024 names PAUL LOONEY.
- Who are the officers and directors of FRANKFORT INDEPENDENT SCHOOLS EDUCATION FOUNDATION INC?
- The 990 for the year ended June 30, 2024 lists 6 people; 0 received compensation from the organization.
- How much revenue does FRANKFORT INDEPENDENT SCHOOLS EDUCATION FOUNDATION INC have?
- On its 990 for the year ended June 30, 2024 it reported revenue of $14,070, expenses of $32,568 and total assets of $232,139 at year end.
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