Nonprofit · EIN 74-2932297
MAIN STREET FOUNDATION
Also known as DBA IBAT EDUCATION FOUNDATION
Tax-exempt · AUSTIN, TX 78730
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,231,473 | $1,060,558 | $170,915 | $711,946 | $540,393 | $171,553 |
| December 31, 2023 | 990 | $996,948 | $1,119,701 | -$122,753 | $615,322 | $614,684 | $638 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $377,992
- Program service revenue
- $838,489
- Investment income
- $9,177
- Royalties
- $5,815
- Other revenue
- $5,815
Expenses
- Grants and similar amounts paid
- $5,890
- Compensation of officers, directors and key employees
- $31,293
- Other salaries and wages
- $256,108
- Salaries, compensation and benefits (total)
- $287,401
- Professional fundraising fees
- $0
- Accounting fees
- $5,760
- Occupancy
- $2,053
- Travel
- $19,265
- Program services (functional)
- $863,221
- Management and general (functional)
- $189,608
- Fundraising (functional)
- $7,729
Balance sheet and other
- Total assets, start of year
- $615,322
- Total assets, end of year
- $711,946
- Total liabilities, end of year
- $540,393
- Net assets, end of year
- $171,553
- Net assets without donor restrictions
- $150,245
- Net assets with donor restrictions
- $21,308
- Gross receipts
- $1,231,473
- Employees
- 0
- Volunteers
- 25
- Year formed
- 1999
- State of legal domicile
- TX
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| CHRISTOPHER WILLISTON VI | PRESIDENT Trustee or director, Officer | 2 | $23,709 | $323,162 | $47,218 |
| URSULA JIMENEZ | SECRETARY/TR Trustee or director, Officer | 1 | $7,727 | $212,304 | $38,648 |
| KEVIN MONK | CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| BRIAN BOWERS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JONATHAN GALEANO | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| BREANNE GRANBERG | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CHARLES M NEFF | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| BRAD WOMACK | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| CHRISTOPHER WILLISTON VI | PRESIDENT (0 Trustee or director, Officer | 2 | $20,611 | $327,317 | $47,792 |
| URSULA JIMENEZ | SECRETARY/TR Trustee or director, Officer | 1 | $7,728 | $190,268 | $37,756 |
| SHAY IACOPONELLI | PRESIDENT (0 Trustee or director, Officer | 27 | $65,788 | $30,208 | $15,746 |
| HAZEM AHMED | CHAIR (01-09 Trustee or director, Officer | 1 | $0 | $0 | $0 |
| KEVIN MONK | CHAIR (10-12 Trustee or director, Officer | 1 | $0 | $0 | $0 |
| KEVIN MONK | DIRECTOR (01 Trustee or director | 1 | $0 | $0 | $0 |
| JONATHAN GALEANO | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| BRIAN MAREK | DIRECTOR (01 Trustee or director | 1 | $0 | $0 | $0 |
| CHARLES M NEFF | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| GLEN THURMAN | DIRECTOR (01 Trustee or director | 1 | $0 | $0 | $0 |
| BRAD WOMACK | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| BRIAN BOWERS | DIRECTOR (DE Trustee or director | 1 | $0 | $0 | $0 |
| BREANNE GRANBERG | DIRECTOR (DE Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 6500 RIVER PLACE BLVD BLD 4 STE 101, AUSTIN, TX 78730-1120
- In care of
- % KAREN NEELEY
- Principal officer (990 for 2024)
- CHRISTOPHER WILLISTON VI, 6500 RIVER PLACE BLVD BLD 4 STE 101, AUSTIN, TX 78730
- Signed the 990
- CHRISTOPHER WILLISTON VI, PRESIDENT
- Phone
- (512) 474-6889
- Website
- WWW.IBAT.ORG/FOUNDATION
- Return prepared by
- REYNOLDS & FRANKE PC
Mission
FUNDS INITIATIVES WITH THE POWER TO HELP COMMUNITY BANKERS ACTIVELY CREATE A MORE SECURE FINANCIAL FUTURE FOR ALL TEXANS. FOCUS IS DIRECTED TOWARD FINANCIAL LITERACY PROGRAMS FOR BANKERS.
Program accomplishments
- COMMUNITY BANK EDUCATION INCLUDES A BLEND OF PRACTICAL ONE-FIVE DAY INSTRUCTOR-LED/ONLINE SEMINARS AND BANKING SCHOOLS THAT FOCUS ON RULES AND REGULATIONS THAT GOVERN LENDING, INVESTMENT AND OPERATIONAL PRACTICES IN COMMUNITY BANKS.Expenses $857,331 · revenue $750,989
- SCHOLARSHIP PROGRAM FOR EMPLOYEES OF ANY MEMBER BANK TO ATTEND A SPECIFIC BANKING SCHOOL.Expenses $5,890 · grants $5,890
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 | Not 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
- 74-2932297
- 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
- 2000
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Public and societal benefit (W022)
- Assets (IRS master file)
- $711,946
- Income (IRS master file)
- $1,231,473
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,231,473 | $1,060,558 | $711,946 | XML |
| 990 | December 2023 | $996,948 | $1,119,701 | $615,322 | XML |
| 990 | December 2022 | $816,564 | $1,000,430 | $633,352 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 74-2932297).
Questions about MAIN STREET FOUNDATION
- What is the EIN of MAIN STREET FOUNDATION?
- The employer identification number (EIN) of MAIN STREET FOUNDATION is 74-2932297.
- Is MAIN STREET FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to MAIN STREET FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MAIN STREET FOUNDATION 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 MAIN STREET FOUNDATION 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 MAIN STREET FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of MAIN STREET FOUNDATION?
- The 990 for the year ended December 31, 2024 names CHRISTOPHER WILLISTON VI.
- Who are the officers and directors of MAIN STREET FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 8 people; 2 received compensation from the organization, the highest $23,709 (CHRISTOPHER WILLISTON VI, PRESIDENT).
- How much revenue does MAIN STREET FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,231,473, expenses of $1,060,558 and total assets of $711,946 at year end.
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