Nonprofit · EIN 62-6080953
P T BOATS INC
Tax-exempt (reinstated) · GERMANTOWN, TN 38138
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $100,224 | $118,824 | -$18,600 | $1,215,895 | $730 | $1,215,165 |
| December 31, 2024 | 990 | $77,895 | $133,206 | -$55,311 | $1,062,737 | $1,054 | $1,061,683 |
| December 31, 2023 | 990 | $85,540 | $125,947 | -$40,407 | $1,017,375 | $1,078 | $1,016,297 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $51,921
- Program service revenue
- $46,110
- Investment income
- $2,193
- Net gain from sales of assets
- $2,193
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $45,000
- Salaries, compensation and benefits (total)
- $48,451
- Professional fundraising fees
- $0
- Accounting fees
- $7,175
- Depreciation
- $8,177
- Program services (functional)
- $118,824
Balance sheet and other
- Total assets, start of year
- $1,062,737
- Total assets, end of year
- $1,215,895
- Total liabilities, end of year
- $730
- Net assets, end of year
- $1,215,165
- Land, buildings and equipment
- $68,022
- Publicly traded securities
- $1,093,083
- Net assets without donor restrictions
- $1,215,165
- Gross receipts
- $108,949
- Employees
- 1
- Volunteers
- 0
- Year formed
- 1967
- State of legal domicile
- TN
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHARLES B JONES | PRESIDENT Trustee or director | 1 | $0 |
| SHARON SWEENEY | VICE PRESIDENT Trustee or director | 1 | $0 |
| RICK BETHUNE | DIRECTOR Trustee or director | 1 | $0 |
| SUELLEN TURNER | DIRECTOR Trustee or director | 1 | $0 |
| ED PERNICK | DIRECTOR Trustee or director | 1 | $0 |
| ANDY SMALL | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHARLES B JONES | PRESIDENT Trustee or director | 1 | $0 |
| SHARON SWEENEY | VICE PRESIDENT Trustee or director | 1 | $0 |
| RICK BETHUNE | DIRECTOR Trustee or director | 1 | $0 |
| SUELLEN TURNER | DIRECTOR Trustee or director | 1 | $0 |
| ED PERNICK | DIRECTOR Trustee or director | 1 | $0 |
| ANDY SMALL | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHARLES B JONES | PRESIDENT Trustee or director | 1 | $0 |
| SHARON SWEENEY | VICE PRESIDENT Trustee or director | 1 | $0 |
| RICK BETHUNE | DIRECTOR Trustee or director | 1 | $0 |
| SUELLEN TURNER | DIRECTOR Trustee or director | 1 | $0 |
| ED PERNICK | DIRECTOR Trustee or director | 1 | $0 |
| ANDY SMALL | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1384 CORDOVA CV STE 2, GERMANTOWN, TN 38138-2219
- In care of
- % ALYCE GUTHRIE
- Principal officer (990 for 2025)
- CHARLES B JONES, 6101 WELSHIRE PLACE, UPPER MARLBORO, MD 20772
- Signed the 990
- CHARLES B JONES, PRESIDENT
- Phone
- (901) 755-8440
- Return prepared by
- LBMC PC
Mission
PROVIDING SERVICES TO P.T. BOATS VETERANS
Program accomplishments
- SERVICE TO P.T. BOATS VETERANSExpenses $118,824 · revenue $46,110
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 | 990 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
- 62-6080953
- 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)
- Arts, culture and humanities (A50)
- Assets (IRS master file)
- $1,215,895
- Income (IRS master file)
- $108,949
Revocation and reinstatement
- Exemption revoked
- November 15, 2011
- Posted by the IRS
- July 9, 2012
- Reinstated
- Effective November 15, 2011
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $100,224 | $118,824 | $1,215,895 | XML |
| 990 | December 2024 | $77,895 | $133,206 | $1,062,737 | IRS |
| 990 | December 2023 | $85,540 | $125,947 | $1,017,375 | XML |
| 990 | December 2022 | $126,942 | $131,300 | $1,024,383 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | 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 62-6080953).
Questions about P T BOATS INC
- What is the EIN of P T BOATS INC?
- The employer identification number (EIN) of P T BOATS INC is 62-6080953.
- Is P T BOATS INC tax-exempt?
- Yes. The IRS revoked its exemption on November 15, 2011 and reinstated it effective November 15, 2011.
- Are donations to P T BOATS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does P T BOATS INC 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 P T BOATS 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 P T BOATS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of P T BOATS INC?
- The 990 for the year ended December 31, 2025 names CHARLES B JONES.
- Who are the officers and directors of P T BOATS INC?
- The 990 for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does P T BOATS INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $100,224, expenses of $118,824 and total assets of $1,215,895 at year end.
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