Skip to main content

Nonprofit · EIN 80-0220473

TBMOPA FOUNDATION INC

Also known as TRACY FORREST

Tax-exempt · ACWORTH, GA 30101

Financials

$316K$274K2023$403K$379K2024
Revenue Expenses · by fiscal year end
Financials of TBMOPA FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$402,910$378,539$24,371$541,653$0$541,653
December 31, 2023990$316,140$274,429$41,711$525,811$8,529$517,282
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$200,634
Program service revenue
$81,990
Investment income
$23,095
Net income from fundraising events
$95,474
Other revenue
$97,191

Expenses

Grants and similar amounts paid
$105,635
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$6,140
Program services (functional)
$355,945
Management and general (functional)
$22,594

Balance sheet and other

Total assets, start of year
$525,811
Total assets, end of year
$541,653
Total liabilities, end of year
$0
Net assets, end of year
$541,653
Net assets without donor restrictions
$541,653
Gross receipts
$466,460
Employees
0
Year formed
2008
State of legal domicile
FL

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
ERIK HASKILDIRECTOR
Trustee or director
1$0
HOWARD JANZENDIRECTOR
Trustee or director
1$0
TOM MCGRATHCHAIRMAN
Trustee or director
1$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
ERIK HASKILDIRECTOR
Trustee or director
1$0
HOWARD JANZENDIRECTOR
Trustee or director
1$0
TOM MCGRATHCHAIRMAN
Trustee or director
1$0

Address and contacts

Address (IRS master file)
245 PICKETTS TRCE, ACWORTH, GA 30101-8665
In care of
% DAVIS GRENNAN FENDER RUTA LLP
Principal officer (990 for 2024)
TOM MCGRATH, 245 PICKETTS TRACE, ACWORTH, GA 30101
Signed the 990
TOM MCGRATH, CHAIRMAN
Phone
(404) 993-5757
Return prepared by
MCGRAW & TATTERSALL PA

Mission

THE CORPORATION IS ORGANIZED AND SHALL OPERATE EXCLUSIVELY FOR EDUCATIONAL, CHARITABLE, SCIENTIFIC AND/OR LITERARY PURPOSES, INCLUDING WITHOUT LIMITATION, THE EDUCATION OF INDIVIDUALS IN AVIATION SKILLS TO PROMOTE THE ADOPTION OF AVIATION AS A CAREER OR VOCATION BY FUTURE GENERATIONS OF AVIATORS AND GROUND STAFF AS WELL AS SUPPORTING THE DEVELOPMENT OF TRAINING SPECIFICALLY DESIGNED TO ENHANCE SAFETY IN THE OPERATION OF DAHER-SOCATA AIRCRAFT.

990 for the year ended December 31, 2024

Program accomplishments

  • THE TBMOPA FOUNDATION FUNDED AVIATION SPECIFIC SCHOLARSHIPS FOR ABLEFLIGHT AND EMBRY RIDDLE FOR THEIR AERONAUTICAL AND ACADEMIC TRAINING.
    Expenses $105,635 · grants $105,635
  • THE TBMOPA FOUNDATION UNDERWROTE SAFETY SEMINARS DESIGNED TO IMPROVE PILOT SAFETY IN THE OPERATION OF SINGLE ENGINE TURBOPROP AIRCRAFT.
    Expenses $250,310 · revenue $81,990

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
80-0220473
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
2009
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B82)
Assets (IRS master file)
$541,653
Income (IRS master file)
$466,460

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$402,910$378,539$541,653XML
990December 2023$316,140$274,429$525,811XML
990December 2022$244,513$357,134$475,571IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––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 80-0220473).

Questions about TBMOPA FOUNDATION INC

What is the EIN of TBMOPA FOUNDATION INC?
The employer identification number (EIN) of TBMOPA FOUNDATION INC is 80-0220473.
Is TBMOPA FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
Are donations to TBMOPA FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TBMOPA FOUNDATION INC 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 TBMOPA 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 TBMOPA FOUNDATION INC 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 TBMOPA FOUNDATION INC?
The 990 for the year ended December 31, 2024 names TOM MCGRATH.
Who are the officers and directors of TBMOPA FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does TBMOPA FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $402,910, expenses of $378,539 and total assets of $541,653 at year end.

Other nonprofits in ACWORTH

All nonprofits in ACWORTH · Georgia · Education