Nonprofit · EIN 75-1213346
MAYS FOUNDATION
Tax-exempt · AMARILLO, TX 79101
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| July 31, 2025 | 990-PF | $583,935 | $540,132 | $43,803 | $5,658,320 | $13,586 | $5,644,734 |
| July 31, 2024 | 990-PF | $494,254 | $565,628 | -$71,374 | $5,607,381 | $6,450 | $5,600,931 |
Financial details: 990-PF for the year ended July 31, 2025
Revenue
- Contributions, gifts and grants
- $5,355
- Interest
- $125,350
- Net rental income
- -$25,072
- Other income
- $293,210
Expenses
- Grants and similar amounts paid
- $299,500
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $301,550
- Excise tax on investment income
- $3,211
Balance sheet and other
- Total assets, start of year
- $5,607,381
- Total assets, end of year
- $5,658,320
- Total liabilities, end of year
- $13,586
- Net assets, end of year
- $5,644,734
- Fair market value of assets
- $8,252,851
- Qualifying distributions
- $301,550
- Net investment income
- $436,838
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 July 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KARRA HILL 914 S TYLER, AMARILLO, TX 79101 | VICE PRESIDENT | 0 | $0 |
| STACY SHARP 914 S TYLER, AMARILLO, TX 79101 | PRESIDENT | 0 | $0 |
| RANDY SHARP 914 S TYLER, AMARILLO, TX 79101 | SEC/TREAS | 0 | $0 |
990-PF for the year ended July 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KARRA HILL 914 S TYLER, AMARILLO, TX 79101 | VICE PRESIDENT | 0 | $0 |
| STACY SHARP 914 S TYLER, AMARILLO, TX 79101 | PRESIDENT | 0 | $0 |
| RANDY SHARP 914 S TYLER, AMARILLO, TX 79101 | SEC/TREAS | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 914 S TYLER ST, AMARILLO, TX 79101-3430
- Signed the 990-PF
- STACY SHARP, PRESIDENT
- Phone
- (806) 376-5417
- Return prepared by
- BROWN GRAHAM & COMPANY PC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in July, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | July 31, 2026 | December 15, 2026 | Not due yet |
| 2024 | July 31, 2025 | December 15, 2025 | 990-PF on file |
| 2023 | July 31, 2024 | December 16, 2024 | 990-PF on file |
IRS record
- EIN
- 75-1213346
- 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
- 1965
- Accounting year ends
- July
- Files
- Form 990-PF
- Assets (IRS master file)
- $5,658,320
- Income (IRS master file)
- $583,935
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | July 2025 | $583,935 | $540,132 | $5,658,320 | XML |
| 990-T | July 2025 | – | – | – | IRS |
| 990-PF | July 2024 | $494,254 | $565,628 | $5,607,381 | XML |
| 990-T | July 2024 | – | – | – | IRS |
| 990-PF | July 2023 | – | – | – | IRS |
| 990-T | July 2023 | – | – | – | IRS |
| 990-PF | July 2022 | – | – | – | IRS |
| 990-T | July 2022 | – | – | – | IRS |
| 990-PF | July 2021 | – | – | – | IRS |
| 990-T | July 2021 | – | – | – | IRS |
| 990-PF | July 2019 | – | – | – | IRS |
| 990-PF | July 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 75-1213346).
Questions about MAYS FOUNDATION
- What is the EIN of MAYS FOUNDATION?
- The employer identification number (EIN) of MAYS FOUNDATION is 75-1213346.
- Is MAYS FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1965.
- Are donations to MAYS FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does MAYS FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of MAYS FOUNDATION due?
- The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MAYS FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended July 2025.
- Who are the officers and directors of MAYS FOUNDATION?
- The 990-PF for the year ended July 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does MAYS FOUNDATION have?
- On its 990-PF for the year ended July 31, 2025 it reported revenue of $583,935, expenses of $540,132 and total assets of $5,658,320 at year end.
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