Nonprofit · EIN 20-1687422
STEPHENSON FAMILY FOUNDATION
Tax-exempt · WEST POINT, MS 39773
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $97,710 | $242,805 | -$145,095 | $1,948,970 | $5,805 | $1,943,165 |
| December 31, 2023 | 990 | $68,875 | $617,392 | -$548,517 | $2,095,152 | $6,892 | $2,088,260 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $97,710
Expenses
- Grants and similar amounts paid
- $237,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $242,805
Balance sheet and other
- Total assets, start of year
- $2,095,152
- Total assets, end of year
- $1,948,970
- Total liabilities, end of year
- $5,805
- Net assets, end of year
- $1,943,165
- Gross receipts
- $97,710
- Employees
- 0
- Volunteers
- 7
- Year formed
- 2004
- State of legal domicile
- OK
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 | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| PHIL LAKIN JR | TCF CL DIRECTOR Trustee or director, Officer | 1 | $0 | $642,204 | $82,930 |
| JEFF STAVA | TCF CL DIRECTOR Trustee or director, Officer | 1 | $0 | $578,363 | $64,187 |
| MIKE DODSON | TCF CL DIRECTOR Trustee or director, Officer | 1 | $0 | $236,277 | $29,300 |
| ROBERT THOMAS | TCF CL DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CHARLES R STEPHENSON | DONOR CL DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DANA STEPHENSON | DONOR CL DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DEBBIE ALLEN | TCF CL DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| PHIL LAKIN JR | TCF CL DIRECTOR Trustee or director, Officer | 1 | $0 | $628,288 | $65,339 |
| JEFF STAVA | TCF CL DIRECTOR Trustee or director, Officer | 1 | $0 | $583,200 | $66,282 |
| MIKE DODSON | TCF CL DIRECTOR Trustee or director, Officer | 1 | $0 | $180,232 | $23,497 |
| ROBERT THOMAS | TCF CL DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CHARLES R STEPHENSON | DONOR CL DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DANA STEPHENSON | DONOR CL DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DEBBIE ALLEN | TCF CL DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1852 WAVERLEY MANSION RD, WEST POINT, MS 39773-5760
- In care of
- % CHARLES R STEPHENSON
- Principal officer (990 for 2024)
- CHARLES STEPHENSON, 1852 WAVERLY MANSION ROAD, WEST POINT, MS 39773
- Signed the 990
- CHARLES STEPHENSON, DIRECTOR
- Phone
- (918) 712-8487
- Return prepared by
- HOGANTAYLOR LLP
Mission
THIS CORPORATION IS ORGANIZED FOR THE SPECIFIC AND PRIMARY PURPOSE OF BENEFITTING, PERFORMING THE FUNCTIONS OF, OR CARRYING OUT THE PURPOSES OF THAT CLASS OF PUBLICLY SUPPORTED ORGANIZATIONS, INCLUDING TULSA COMMUNITY FOUNDATION, THAT ARE DESCRIBED IN SECTIONS 501(C)(3) AND 509(A)(1) OR (2) OF THE INTERNAL REVENUE CODE AND THAT ENGAGE IN CHARITABLE ACTIVITIES WHICH ARE CONSISTENT WITH THE CHARITALE PURPOSES OF TULSA COMMUNITY FOUNDATION.
Program accomplishments
- THE CHARLES R AND KAREN P STEPHENSON FOUNDATION IS A TYPE 1 SUPPORTING ORGANIZATION FOR THE TULSA COMMUNITY FOUNDATION (TCF) (A 501(C)(3) EXEMPT ORGANIZATION). ITS ACTIVITIES ARE TO MAKE DISTRIBUTIONS TO TCF FOR FURTHER DISTRIBUTION BY TCF TO OTHER CHARITABLE ORGANIZATIONS.Expenses $242,805 · grants $237,000
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 on file |
IRS record
- EIN
- 20-1687422
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2009
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S11)
- Assets (IRS master file)
- $1,948,970
- Income (IRS master file)
- $97,710
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $97,710 | $242,805 | $1,948,970 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $68,875 | $617,392 | $2,095,152 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $467,978 | $464,324 | $2,641,277 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | 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 20-1687422).
Questions about STEPHENSON FAMILY FOUNDATION
- What is the EIN of STEPHENSON FAMILY FOUNDATION?
- The employer identification number (EIN) of STEPHENSON FAMILY FOUNDATION is 20-1687422.
- Is STEPHENSON FAMILY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
- Are donations to STEPHENSON FAMILY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does STEPHENSON FAMILY 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 STEPHENSON FAMILY FOUNDATION 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 STEPHENSON FAMILY FOUNDATION 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 STEPHENSON FAMILY FOUNDATION?
- The 990 for the year ended December 31, 2024 names CHARLES STEPHENSON.
- Who are the officers and directors of STEPHENSON FAMILY FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
- How much revenue does STEPHENSON FAMILY FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $97,710, expenses of $242,805 and total assets of $1,948,970 at year end.
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