Nonprofit · EIN 87-2770300
FBG FRIENDS OF THE FIELDS
Tax-exempt · FREDERICKSBRG, TX 78624
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,968,969 | $1,587,684 | $381,285 | $1,874,201 | $1,450,000 | $424,201 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,949,064
- Program service revenue
- $0
- Investment income
- $19,905
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $1,340
- Depreciation
- $1,544,987
- Program services (functional)
- $1,587,684
Balance sheet and other
- Total assets, start of year
- $42,918
- Total assets, end of year
- $1,874,201
- Total liabilities, end of year
- $1,450,000
- Net assets, end of year
- $424,201
- Land, buildings and equipment
- $1,060,717
- Net assets without donor restrictions
- $424,201
- Gross receipts
- $1,968,969
- Employees
- 0
- Year formed
- 2022
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK CORNETT | VICE PRESIDE Officer | 5 | $0 |
| DAN KEMP | PRESIDENT Officer | 5 | $0 |
| GINA SERACEN | TREASURER Officer | 3 | $0 |
Address and contacts
- Address (IRS master file)
- 375 BERMUDA LN, FREDERICKSBRG, TX 78624-2466
- Mailing address (990-N for 2023)
- 375 BERMUDA LANE, FREDERICKSBURG TX 78624
- Principal officer (990 for 2024)
- DAN KEMP, 375 BERMUDA LN, FREDERICKSBURG, TX 78624
- Principal officer (990-N for 2023)
- DAN KEMP, 375 BERMUDA LANE, FREDERICKSBURG TX 78624
- Signed the 990
- DAN KEMP, PRESIDENT
- Phone
- (830) 997-7575
- Return prepared by
- KRAM WHITTINGTON LLC
Mission
THE MISSION OF THE ORGANIZATION IS TO BUILD A QUALITY SOCCER COMPLEX IN FREDERICKSBURG, TEXAS.
Program accomplishments
- IN 2024, THE ORGANIZATION BEGAN THE CONSTRUCTION OF THE FREDERICKSBURG SOCCER PARK.Expenses $1,587,684
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 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 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-N on file |
IRS record
- EIN
- 87-2770300
- 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
- 2024
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N64)
- Assets (IRS master file)
- $1,874,201
- Income (IRS master file)
- $1,968,969
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,968,969 | $1,587,684 | $1,874,201 | IRS |
| 990-N for 2023 Officer: DAN KEMP | December 31, 2023 | ≤ $50,000 receipts | – | – | e-Postcard |
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 87-2770300).
Questions about FBG FRIENDS OF THE FIELDS
- What is the EIN of FBG FRIENDS OF THE FIELDS?
- The employer identification number (EIN) of FBG FRIENDS OF THE FIELDS is 87-2770300.
- Is FBG FRIENDS OF THE FIELDS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Are donations to FBG FRIENDS OF THE FIELDS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FBG FRIENDS OF THE FIELDS 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 FBG FRIENDS OF THE FIELDS 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 FBG FRIENDS OF THE FIELDS 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 FBG FRIENDS OF THE FIELDS?
- The 990 for the year ended December 31, 2024 names DAN KEMP.
- Who are the officers and directors of FBG FRIENDS OF THE FIELDS?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does FBG FRIENDS OF THE FIELDS have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,968,969, expenses of $1,587,684 and total assets of $1,874,201 at year end.
Other nonprofits in FREDERICKSBRG
- GILLESPIE COUNTY FAIR & FESTIVAL ASSN INC EIN 74-1036549 · last filed 990 for 2025
- HILL COUNTRY UNITED SOCCER CLUB EIN 88-2743550 · last filed 990-EZ for 2024
- FRITZTOWN REDS BASEBALL CLUB EIN 92-1510066 · last filed 990-EZ for 2024
- FREDERICKSBURG YOUTH BASEBALL ASSOCIATION INC EIN 74-2585099 · last filed 990-EZ for 2023
- US PARAJITSU EIN 33-1440387 · last filed 990-N for 2025
- FREDERICKSBURG SWIM ASSOCIATION EIN 32-0229095 · last filed 990-N for 2025
- LITTLE LEAGUE BASEBALL INC EIN 27-2074989 · last filed 990-N for 2024
- HILL COUNTRY HORSE CLUB INC EIN 74-1701115 · last filed 990-N for 2024
All nonprofits in FREDERICKSBRG · Texas · Recreation and sports