Nonprofit · EIN 75-2859752
AMARILLO BUSINESS FOUNDATION
Tax-exempt · AMARILLO, TX 79105
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $323,616 | $301,659 | $21,957 | $4,269,222 | $4,252 | $4,264,970 |
| December 31, 2024 | 990-PF | $206,187 | $290,017 | -$83,830 | $4,247,265 | $4,252 | $4,243,013 |
| December 31, 2023 | 990-PF | $233,883 | $299,608 | -$65,725 | $4,331,133 | $4,290 | $4,326,843 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $106,649
- Interest
- $45,677
- Net gain from sales of assets
- $171,290
Expenses
- Grants and similar amounts paid
- $237,000
- Compensation of officers, directors and key employees
- $32,000
- Disbursements for charitable purposes
- $237,000
- Excise tax on investment income
- $4,123
Balance sheet and other
- Total assets, start of year
- $4,247,265
- Total assets, end of year
- $4,269,222
- Total liabilities, end of year
- $4,252
- Net assets, end of year
- $4,264,970
- Fair market value of assets
- $5,167,732
- Qualifying distributions
- $237,000
- Net investment income
- $323,616
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LOUISE ROSS 2808 S BOWIE, AMARILLO, TX 79109 | EXECUTIVE DI | 30 | $32,000 |
| WILLIAM T WARE PO BOX 1, AMARILLO, TX 79105 | PRESIDENT | 1 | $0 |
| BENJAMIN WHITTENBURG 600 S TYLER SUITE 101, AMARILLO, TX 79101 | VICE-PRESIDE | 1 | $0 |
| GEORGE RAFFKIND 2205 S GEORGIA, AMARILLLO, TX 79109 | TREASURER | 1 | $0 |
| ANDREW MITCHELL 1201 S TAYLOR, AMARILLO, TX 79101 | SECRETARY | 1 | $0 |
| MIKE HUGHES 2501 LAKEVIEW, AMARILLO, TX 79109 | DIRECTOR | 1 | $0 |
990-PF for the year ended December 31, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LOUISE ROSS 2808 S BOWIE, AMARILLO, TX 79109 | EXECUTIVE DI | 30 | $32,000 |
| WILLIAM T WARE PO BOX 1, AMARILLO, TX 79105 | PRESIDENT | 1 | $0 |
| BENJAMIN WHITTENBURG 600 S TYLER SUITE 101, AMARILLO, TX 79101 | VICE-PRESIDE | 1 | $0 |
| GEORGE RAFFKIND 2205 S GEORGIA, AMARILLLO, TX 79109 | TREASURER | 1 | $0 |
| ANDREW MITCHELL 1201 S TAYLOR, AMARILLO, TX 79101 | SECRETARY | 1 | $0 |
| MIKE HUGHES 2501 LAKEVIEW, AMARILLO, TX 79109 | DIRECTOR | 1 | $0 |
990-PF for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LOUISE ROSS 2808 S BOWIE, AMARILLO, TX 79109 | EXECUTIVE DI | 30 | $32,000 |
| WILLIAM T WARE PO BOX 1, AMARILLO, TX 79105 | PRESIDENT | 1 | $0 |
| BENJAMIN WHITTENBURG 600 S TYLER SUITE 101, AMARILLO, TX 79101 | VICE-PRESIDE | 1 | $0 |
| GEORGE RAFFKIND 2205 S GEORGIA, AMARILLLO, TX 79109 | TREASURER | 1 | $0 |
| ANDREW MITCHELL 1201 S TAYLOR, AMARILLO, TX 79101 | SECRETARY | 1 | $0 |
| MIKE HUGHES 2501 LAKEVIEW, AMARILLO, TX 79109 | DIRECTOR | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 389, AMARILLO, TX 79105-0389
- Signed the 990-PF
- LOUISE ROSS, EXECUTIVE DIRECTOR
- Phone
- (806) 358-7975
- Return prepared by
- JOHNSON & SHELDON PLLC
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 | 990-PF 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
- 75-2859752
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Exempt since
- 1999
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $4,269,222
- Income (IRS master file)
- $608,637
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $323,616 | $301,659 | $4,269,222 | IRS |
| 990-PF | December 2024 | $206,187 | $290,017 | $4,247,265 | IRS |
| 990-PF | December 2023 | $233,883 | $299,608 | $4,331,133 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | 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 75-2859752).
Questions about AMARILLO BUSINESS FOUNDATION
- What is the EIN of AMARILLO BUSINESS FOUNDATION?
- The employer identification number (EIN) of AMARILLO BUSINESS FOUNDATION is 75-2859752.
- Is AMARILLO BUSINESS FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Which annual return does AMARILLO BUSINESS FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of AMARILLO BUSINESS FOUNDATION 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 AMARILLO BUSINESS FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of AMARILLO BUSINESS FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 6 people; 1 received compensation from the organization, the highest $32,000 (LOUISE ROSS, EXECUTIVE DI).
- How much revenue does AMARILLO BUSINESS FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $323,616, expenses of $301,659 and total assets of $4,269,222 at year end.
Other nonprofits in AMARILLO
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- WARE FOUNDATION EIN 75-2662421 · last filed 990-PF for 2025
- NORMAN H READ 1985 TRUST EIN 75-2622754 · last filed 990-PF for 2026
- DON & SYBIL HARRINGTON FOUNDATION EIN 75-1336604 · last filed 990 for 2024
- STREET FAMILY FOUNDATION EIN 92-1735306 · last filed 990-PF for 2024
- BONNIE BOB CARSON CHARITABLE TRUST EIN 39-2376933 · last filed 990-PF for 2025
- ANNA BELLE KRITSER II FOUNDATION EIN 26-6730610 · last filed 990-PF for 2024
- BRADLEY FAMILY CHARITABLE TR EIN 81-6836075 · last filed 990-PF for 2025
All nonprofits in AMARILLO · Texas · Philanthropy, voluntarism and grantmaking foundations