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Nonprofit · EIN 81-4230394

THE WEBB IMPACT FOUNDATION INC

Tax-exempt · FRISCO, TX 75034

Financials

−$79K$197K2023$106K$126K2024
Revenue Expenses · by fiscal year end
Financials of THE WEBB IMPACT FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$106,418$125,924-$19,506$1,184,928$115$1,184,813
December 31, 2023990-PF-$79,482$197,190-$276,672$1,206,437$0$1,206,437
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$15,500
Dividends
$60,414
Interest
$159
Net gain from sales of assets
$28,752
Other income
$1,593

Expenses

Grants and similar amounts paid
$118,930
Disbursements for charitable purposes
$118,930
Excise tax on investment income
$785

Balance sheet and other

Total assets, start of year
$1,206,437
Total assets, end of year
$1,184,928
Total liabilities, end of year
$115
Net assets, end of year
$1,184,813
Fair market value of assets
$1,184,929
Qualifying distributions
$118,930
Net investment income
$56,462

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.

NameTitleHours / weekCompensation
JAMES H WEBB JR
5652 MONTEREY DR, FRISCO, TX 75034
DIRECTOR3$0
CATHERINE WEBB
5665 N DALLAS PKWY STE 200, FRISCO, TX 75034
DIRECTOR3$0
MAXWELL WEBB
5665 N DALLAS PKWY STE 200, FRISCO, TX 75034
DIRECTOR1$0
JOSEPH WEBB
5665 N DALLAS PKWY STE 200, FRISCO, TX 75034
DIRECTOR1$0
ELIZABETH WEBB
5665 N DALLAS PKWY STE 200, FRISCO, TX 75034
DIRECTOR1$0
CARLY O'KEEFE
5665 N DALLAS PKWY STE 200, FRISCO, TX 75034
DIRECTOR1$0
KRISTEN O'KEEFE
5665 N DALLAS PKWY STE 200, FRISCO, TX 75034
DIRECTOR1$0
990-PF for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
JAMES H WEBB JR
5652 MONTEREY DR, FRISCO, TX 75034
DIRECTOR3$0
CATHERINE WEBB
5665 N DALLAS PKWY STE 200, FRISCO, TX 75034
DIRECTOR3$0
MAXWELL WEBB
5665 N DALLAS PKWY STE 200, FRISCO, TX 75034
DIRECTOR1$0
JOSEPH WEBB
5665 N DALLAS PKWY STE 200, FRISCO, TX 75034
DIRECTOR1$0
ELIZABETH WEBB
5665 N DALLAS PKWY STE 200, FRISCO, TX 75034
DIRECTOR1$0
CARLY O'KEEFE
5665 N DALLAS PKWY STE 200, FRISCO, TX 75034
DIRECTOR1$0
KRISTEN O'KEEFE
5665 N DALLAS PKWY STE 200, FRISCO, TX 75034
DIRECTOR1$0

Address and contacts

Address (IRS master file)
5652 MONTEREY DR, FRISCO, TX 75034-4091
Signed the 990-PF
JAMES H WEBB JR, DIRECTOR
Phone
(469) 682-4192
Return prepared by
LIFETIME TAX ADVISORS INC

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

IRS record

EIN
81-4230394
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
2017
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$1,184,928
Income (IRS master file)
$179,181

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$106,418$125,924$1,184,928XML
990-PFDecember 2023-$79,482$197,190$1,206,437XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 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 81-4230394).

Questions about THE WEBB IMPACT FOUNDATION INC

What is the EIN of THE WEBB IMPACT FOUNDATION INC?
The employer identification number (EIN) of THE WEBB IMPACT FOUNDATION INC is 81-4230394.
Is THE WEBB IMPACT FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
Are donations to THE WEBB IMPACT FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does THE WEBB IMPACT FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of THE WEBB IMPACT 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 WEBB IMPACT 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 WEBB IMPACT FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does THE WEBB IMPACT FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $106,418, expenses of $125,924 and total assets of $1,184,928 at year end.

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