Nonprofit · EIN 75-2739180
THE MILES FOUNDATION INC
Tax-exempt · FORT WORTH, TX 76109
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $3,267,568 | $4,986,173 | -$1,718,605 | $65,915,747 | $5,615,153 | $60,300,594 |
| December 31, 2023 | 990-PF | $7,821,502 | $4,852,928 | $2,968,574 | $67,314,378 | $5,295,179 | $62,019,199 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $923,359
- Net rental income
- $45,426
- Net gain from sales of assets
- $751,435
- Other income
- $1,454,191
Expenses
- Grants and similar amounts paid
- $2,478,750
- Compensation of officers, directors and key employees
- $374,244
- Salaries, compensation and benefits (total)
- $467,352
- Disbursements for charitable purposes
- $3,703,934
- Excise tax on investment income
- $29,970
Balance sheet and other
- Total assets, start of year
- $67,314,378
- Total assets, end of year
- $65,915,747
- Total liabilities, end of year
- $5,615,153
- Net assets, end of year
- $60,300,594
- Fair market value of assets
- $67,864,787
- Qualifying distributions
- $3,703,934
- Net investment income
- $3,267,568
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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CHRISTOPHER G COATES 5049 EDWARDS RANCH ROAD SUITE 280, FORT WORTH, TX 76109 | CEO/DIRECTOR | 40 | $283,010 | $41,234 |
| SARA J REDINGTON 5049 EDWARDS RANCH ROAD SUITE 280, FORT WORTH, TX 76109 | CHIEF PHILANTHROPY O Highest-paid employee | 40 | $213,966 | $36,263 |
| PEYTON G JOHNIGAN 5049 EDWARDS RANCH ROAD SUITE 280, FORT WORTH, TX 76109 | FINANCIAL ANALYST Highest-paid employee | 40 | $113,108 | $38,435 |
| MATTIE J PARKER 5049 EDWARDS RANCH ROAD SUITE 280, FORT WORTH, TX 76109 | EDUATION POLICY SPEC Highest-paid employee | 15 | $60,000 | $0 |
| BETHANY B MAXWELL 5049 EDWARDS RANCH ROAD SUITE 280, FORT WORTH, TX 76109 | OFFICE ADMINISTRATOR Highest-paid employee | 40 | $51,278 | $10,097 |
| JACK L BURDETT 5049 EDWARDS RANCH ROAD SUITE 280, FORT WORTH, TX 76109 | CHAIRMAN | 5 | $25,000 | $0 |
| SHERRY A WILSON 5049 EDWARDS RANCH ROAD SUITE 280, FORT WORTH, TX 76109 | DIRECTOR | 5 | $25,000 | $0 |
990-PF for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CHRISTOPHER G COATES 5049 EDWARDS RANCH ROAD SUITE 280, FORT WORTH, TX 76109 | CEO/DIRECTOR | 40 | $305,190 | $38,217 |
| SARA J REDINGTON 5049 EDWARDS RANCH ROAD SUITE 280, FORT WORTH, TX 76109 | CHIEF PHILANTHROPY O Highest-paid employee | 40 | $204,043 | $33,517 |
| PEYTON G JOHNIGAN 5049 EDWARDS RANCH ROAD SUITE 280, FORT WORTH, TX 76109 | FINANCIAL ANALYST Highest-paid employee | 40 | $93,108 | $32,751 |
| MATTIE J PARKER 5049 EDWARDS RANCH ROAD SUITE 280, FORT WORTH, TX 76109 | EDUATION POLICY SPEC Highest-paid employee | 15 | $60,000 | $0 |
| JASSMINE A POSADA 5049 EDWARDS RANCH ROAD SUITE 280, FORT WORTH, TX 76109 | DIRECTOR OF PROGRAMS Highest-paid employee | 40 | $59,182 | $7,988 |
| LAUREN C JANCOSKI 5049 EDWARDS RANCH ROAD SUITE 280, FORT WORTH, TX 76109 | EXECUTIVE ASSISTANT Highest-paid employee | 40 | $55,401 | $10,651 |
| JACK L BURDETT 5049 EDWARDS RANCH ROAD SUITE 280, FORT WORTH, TX 76109 | CHAIRMAN | 5 | $24,000 | $0 |
| SHERRY A WILSON 5049 EDWARDS RANCH ROAD SUITE 280, FORT WORTH, TX 76109 | DIRECTOR | 5 | $24,000 | $0 |
Address and contacts
- Address (IRS master file)
- 5049 EDWARDS RANCH RD STE 280, FORT WORTH, TX 76109-4134
- Signed the 990-PF
- GRANT COATES, PRESIDENT
- Phone
- (817) 293-5555
- Website
- WWW.MILESFDN.ORG
- Return prepared by
- WHITLEY PENN LLP
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 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-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 75-2739180
- 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
- 2000
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $65,915,747
- Income (IRS master file)
- $3,854,525
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $3,267,568 | $4,986,173 | $65,915,747 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $7,821,502 | $4,852,928 | $67,314,378 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990-PF | December 2019 | – | – | – | IRS |
| 990-PF | December 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 75-2739180).
Questions about THE MILES FOUNDATION INC
- What is the EIN of THE MILES FOUNDATION INC?
- The employer identification number (EIN) of THE MILES FOUNDATION INC is 75-2739180.
- Is THE MILES FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to THE MILES FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does THE MILES FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of THE MILES 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 THE MILES 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 THE MILES FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 7 people; 7 received compensation from the organization, the highest $283,010 (CHRISTOPHER G COATES, CEO/DIRECTOR).
- How much revenue does THE MILES FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $3,267,568, expenses of $4,986,173 and total assets of $65,915,747 at year end.
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