Nonprofit · EIN 88-3403444
HALEY RASCO FOUNDATION
Tax-exempt · CYPRESS, TX 77410
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $231,062 | $233,004 | -$1,942 | $44,934 | $10,603 | $34,331 |
| December 31, 2024 | 990-EZ | $153,494 | $177,838 | -$24,344 | $55,144 | $18,030 | $37,114 |
| December 31, 2023 | 990-EZ | $130,063 | $119,420 | $10,643 | $63,622 | $2,164 | $61,458 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $171,925
- Program service revenue
- $0
- Investment income
- $2,033
- Net gain from sales of assets
- $1,848
- Net income from fundraising events
- $57,104
- Other revenue
- $57,104
Expenses
- Grants and similar amounts paid
- $139,013
- Compensation of officers, directors and key employees
- $11,407
- Other salaries and wages
- $15,840
- Salaries, compensation and benefits (total)
- $29,727
- Professional fundraising fees
- $0
- Occupancy
- $36,651
- Travel
- $7,434
- Program services (functional)
- $163,830
- Management and general (functional)
- $69,174
Balance sheet and other
- Total assets, start of year
- $55,144
- Total assets, end of year
- $44,934
- Total liabilities, end of year
- $10,603
- Net assets, end of year
- $34,331
- Gross receipts
- $273,864
- Employees
- 4
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HEATHER RASCO | PRESIDENT Trustee or director | 30 | $0 |
| DUSTIN RASCO | DIRECTOR Trustee or director | 2 | $0 |
| ADIN BAILEY | SECRETARY Trustee or director | 2 | $0 |
990-EZ for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HEATHER RASCO | PRESIDENT | 16 | $0 |
| DUSTIN RASCO | DIRECTOR | 4 | $0 |
| ADIN BAILEY | SECRETARY | 4 | $0 |
990-EZ for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HEATHER RASCO | PRESIDENT | 16 | $0 |
| DUSTIN RASCO | DIRECTOR | 4 | $0 |
| ADIN BAILEY | SECRETARY | 4 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 702, CYPRESS, TX 77410-0702
- Principal officer (990 for 2025)
- HEATHER RASCO, P O BOX 702, CYPRESS, TX 77410
- Signed the 990
- HEATHER RASCO, PRESIDENT
- Phone
- (979) 571-6709
- Website
- WWW.HALEYRASCOFOUNDATION.ORG
- Return prepared by
- BREEDLOVE & CO PC
Mission
TO CARRY ON THE LEGACY OF HALEY RASCO BY BRINGING PEDIATRIC HOSPITAL PATIENTS MOMENTS OF JOY DURING THEIR TREATMENT JOURNEY.
Program accomplishments
- PROVIDE PEDIATRIC PATIENTS AND THEIR FAMILIES WITH MOMENTS OF JOY AND FUN DURING THE HOLIDAYS AND BIRTHDAYS AS THEY ARE UNDERGOING THEIR TREATMENT.Expenses $115,348
- ORGANIZE SPRECIAL EVNETS FOR THE PATIENTS, THEIR FAMILIES AND THE STAFF TO PROVIDE SOME RESPITE FROM THIER TREATMENT JOURNEY.Expenses $44,731
- FUNDRAISING TO PROVIDE HOSPITALS, PEDIATRIC PATIENTS AND THEIR FAMILIES WITH TOYS, GIFTS AND CRAFTS TO EASE THEIR TREATMENT JOURNEY.Expenses $3,751
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 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 88-3403444
- 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
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P20)
- Assets (IRS master file)
- $44,934
- Income (IRS master file)
- $273,864
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $231,062 | $233,004 | $44,934 | XML |
| 990-EZ | December 2024 | $153,494 | $177,838 | $55,144 | XML |
| 990-EZ | December 2023 | $130,063 | $119,420 | $63,622 | XML |
| 990-EZ | December 2022 | – | – | – | 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 88-3403444).
Questions about HALEY RASCO FOUNDATION
- What is the EIN of HALEY RASCO FOUNDATION?
- The employer identification number (EIN) of HALEY RASCO FOUNDATION is 88-3403444.
- Is HALEY RASCO FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to HALEY RASCO FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HALEY RASCO FOUNDATION 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 HALEY RASCO 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 HALEY RASCO FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of HALEY RASCO FOUNDATION?
- The 990 for the year ended December 31, 2025 names HEATHER RASCO.
- Who are the officers and directors of HALEY RASCO FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does HALEY RASCO FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $231,062, expenses of $233,004 and total assets of $44,934 at year end.
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