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Nonprofit · EIN 75-2849153

TALITHA KOUM INSTITUTE

Tax-exempt · WACO, TX 76706

Financials

$882K$926K2022$1.7M$1.1M2023$1.1M$1.2M2024
Revenue Expenses · by fiscal year end
Financials of TALITHA KOUM INSTITUTE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,105,983$1,183,443-$77,460$1,514,510$79,820$1,434,690
December 31, 2023990$1,746,394$1,110,926$635,468$1,541,443$34,016$1,507,427
December 31, 2022990$881,536$925,552-$44,016$901,334$32,799$868,535
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,110,878
of which government grants
$38,689
Program service revenue
$0
Investment income
$2,951
Net income from fundraising events
-$33,048
Other revenue
-$7,846

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$698,056
Salaries, compensation and benefits (total)
$750,094
Professional fundraising fees
$60,150
Accounting fees
$14,836
Depreciation
$30,208
Program services (functional)
$732,552
Management and general (functional)
$223,530
Fundraising (functional)
$227,361

Balance sheet and other

Total assets, start of year
$1,541,443
Total assets, end of year
$1,514,510
Total liabilities, end of year
$79,820
Net assets, end of year
$1,434,690
Land, buildings and equipment
$329,927
Publicly traded securities
$59,557
Net assets without donor restrictions
$629,622
Net assets with donor restrictions
$805,068
Gross receipts
$1,139,031
Employees
30
Volunteers
240
Year formed
2000
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.

NameTitleHours / weekCompensation
SUSAN COWLEYEXECUTIVE DIRECTOR
Officer
40$69,608
DONNA LOSAKNURTURE CENTER DIRECTOR
Officer
40$57,878
MARSHA MARTIECOVENANT PARTNER
Trustee or director
5$0
CLINT SAVAGECOVENANT PARTNER/TREASURER
Trustee or director, Officer
5$0
DR BRIANNA LEMMONSCOVENANT PARTNER
Trustee or director
5$0
GEOFF NELSONCOVENANT PARTNER/CHAIR
Trustee or director, Officer
5$0
SANDY MAREKCOVENANT PARTNER/SECRETARY
Trustee or director, Officer
5$0
DR JEREMY RHODESCOVENANT PARTNER
Trustee or director
5$0
DR BRADLEY LAILCOVENANT PARTNER
Trustee or director
5$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
SUSAN COWLEYEXECUTIVE DIRECTOR
Officer
40$69,608
DONNA LOSAKNURTURE CENTER DIRECTOR
Trustee or director, Officer
40$54,963
MARSHA MARTIECOVENANT PARTNER
Trustee or director
5$0
DESHAUNA HOLLIECOVENANT PARTNER
Trustee or director
5$0
CLINT SAVAGECOVENANT PARTNER/TREASURER
Trustee or director, Officer
5$0
DR BRIANNA LEMMONSCOVENANT PARTNER
Trustee or director
5$0
GEOFF NELSONCOVENANT PARTNER/CHAIR
Trustee or director, Officer
5$0
SANDY MAREKCOVENANT PARTNER/SECRETARY
Trustee or director, Officer
5$0
DR JEREMY RHODESCOVENANT PARTNER
Trustee or director
5$0
DR BRADLEY LAILCOVENANT PARTNER
Trustee or director
5$0
990 for the year ended December 31, 2022: 8 people
NameTitleHours / weekCompensation
SUSAN COWLEYEXECUTIVE DIRECTOR
Officer
40$69,674
MICHAEL BANKHEADCOVENANT PARTNER/TREASURER
Trustee or director, Officer
5$0
MARSHA MARTIECOVENANT PARTNER
Trustee or director
5$0
DESHAUNA HOLLIECOVENANT PARTNER
Trustee or director
5$0
CLINT SAVAGECOVENANT PARTNER
Trustee or director
5$0
DR BRIANNA LEMMONSCOVENANT PARTNER
Trustee or director
5$0
GEOFF NELSONCOVENANT PARTNER/CHAIR
Trustee or director, Officer
5$0
SANDY MAREKCOVENANT PARTNER/SECRETARY
Trustee or director, Officer
5$0

Address and contacts

Address (IRS master file)
1311 CLAY AVE, WACO, TX 76706-1726
Principal officer (990 for 2024)
SUSAN COWLEY, 1311 CLAY AVE, WACO, TX 76706
Signed the 990
SUSAN COWLEY, EXECUTIVE DIRECTOR
Phone
(254) 753-1144
Return prepared by
JRBT PC

Mission

TO ASSIST WITH ALTERING THE TRAJECTORY OF FAMILIES MIRED IN MULTI-GENERATIONAL URBAN POVERTY IN WACO, TX.

990 for the year ended December 31, 2024

Program accomplishments

  • TALITHA KOUM'S NURTURE CENTER IS A TWO-GENERATION PROGRAM PROVIDING EARLY CHILDHOOD BRAIN DEVELOPMENT TO CHILDREN EXPERIENCING THE TOXIC STRESS OF DEEP POVERTY AND A FAMILY PARTNER PROGRAM FOR PARENT. THE MENTORING PROGRAM SUPPORTS CHIDREN AS THEY LEAVE FOR PUBLIC SCHOOL SENDING THEM OUT WITH A CARING ADULT WHO COMMITS TO THE CHILD FROM KINDERGARTEN TO COLLEGE.
    Expenses $732,552

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
75-2849153
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
2000
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,514,510
Income (IRS master file)
$1,139,031

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,105,983$1,183,443$1,514,510IRS
990December 2023$1,746,394$1,110,926$1,541,443XML
990December 2022$881,536$925,552$901,334XML
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 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 75-2849153).

Questions about TALITHA KOUM INSTITUTE

What is the EIN of TALITHA KOUM INSTITUTE?
The employer identification number (EIN) of TALITHA KOUM INSTITUTE is 75-2849153.
Is TALITHA KOUM INSTITUTE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
Are donations to TALITHA KOUM INSTITUTE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TALITHA KOUM INSTITUTE 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 TALITHA KOUM INSTITUTE 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 TALITHA KOUM INSTITUTE 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 TALITHA KOUM INSTITUTE?
The 990 for the year ended December 31, 2024 names SUSAN COWLEY.
Who are the officers and directors of TALITHA KOUM INSTITUTE?
The 990 for the year ended December 31, 2024 lists 9 people; 2 received compensation from the organization, the highest $69,608 (SUSAN COWLEY, EXECUTIVE DIRECTOR).
How much revenue does TALITHA KOUM INSTITUTE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,105,983, expenses of $1,183,443 and total assets of $1,514,510 at year end.

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