Nonprofit · EIN 20-4853185
TRUSCOTT COMMUNITY FOUNDATION
Tax-exempt · TRUSCOTT, TX 79227
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $369,024 | $400,967 | -$31,943 | $367,704 | $258 | $367,446 |
| December 31, 2023 | 990 | $347,859 | $180,165 | $167,694 | $393,254 | $4,379 | $388,875 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $481,645
- Program service revenue
- $7,963
- Investment income
- $716
- Net income from fundraising events
- -$121,300
- Other revenue
- -$121,300
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $81,667
- Other salaries and wages
- $93,483
- Salaries, compensation and benefits (total)
- $188,549
- Professional fundraising fees
- $0
- Accounting fees
- $8,338
- Occupancy
- $4,167
- Travel
- $2,326
- Depreciation
- $3,764
- Program services (functional)
- $373,615
- Management and general (functional)
- $17,845
- Fundraising (functional)
- $9,507
Balance sheet and other
- Total assets, start of year
- $393,254
- Total assets, end of year
- $367,704
- Total liabilities, end of year
- $258
- Net assets, end of year
- $367,446
- Land, buildings and equipment
- $89,680
- Gross receipts
- $666,708
- Employees
- 3
- Volunteers
- 0
- Year formed
- 2007
- 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 |
|---|---|---|---|
| Chuck Taylor | Director Trustee or director | 0 | $0 |
| Jerry Bob Daniel | Director Trustee or director | 0 | $0 |
| Mike Carlson | President Officer | 0 | $0 |
| Michael Tomanek | Vice President Officer | 0 | $0 |
| Colton Daniel | Treasurer Officer | 0 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Chuck Taylor | Director Trustee or director | 0 | $0 |
| Jerry Bob Daniel | Director Trustee or director | 0 | $0 |
| Mike Carlson | President Officer | 0 | $0 |
| Michael Tomanek | Vice President Officer | 0 | $0 |
| Colton Daniel | Treasurer Officer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 1620 FM 1756 W, TRUSCOTT, TX 79227-7053
- In care of
- % JIMMY J DANIEL
- Mailing address (990-N for 2018)
- 1620 FM 1756 W, Truscott TX 79227
- Principal officer (990 for 2024)
- Colton Daniel, 2415 FM 1756 W, Truscott, TX 79227
- Principal officer (990-N for 2018)
- Colton Daniel, 1620 FM 1756 W, Crowell TX 79227
- Signed the 990
- Colton Daniel, Treasurer
- Phone
- (940) 474-3333
- Website
- www.truscottcommunity.org
- Return prepared by
- Meyers Marsh & Mannon CPAs PLLC
Mission
Provide positive impact on the people, residents and vistors of the Rolling Plains of Texas through education, healthcare, culture and civic and social services in the Rolling Plains of Texas.
Program accomplishments
- Community Events & Veteran AwarenessExpenses $359,113 · revenue $7,693
- Community center BuildingExpenses $14,502
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
- 20-4853185
- 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
- 2007
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T30)
- Assets (IRS master file)
- $367,704
- Income (IRS master file)
- $666,708
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $369,024 | $400,967 | $367,704 | XML |
| 990 | December 2023 | $347,859 | $180,165 | $393,254 | XML |
| 990 | December 2022 | $157,467 | $115,636 | $209,157 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-N for 2018 Officer: Colton Daniel | December 31, 2018 | ≤ $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 20-4853185).
Questions about TRUSCOTT COMMUNITY FOUNDATION
- What is the EIN of TRUSCOTT COMMUNITY FOUNDATION?
- The employer identification number (EIN) of TRUSCOTT COMMUNITY FOUNDATION is 20-4853185.
- Is TRUSCOTT COMMUNITY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
- Are donations to TRUSCOTT COMMUNITY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TRUSCOTT COMMUNITY 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 TRUSCOTT COMMUNITY 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 TRUSCOTT COMMUNITY 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 TRUSCOTT COMMUNITY FOUNDATION?
- The 990 for the year ended December 31, 2024 names Colton Daniel.
- Who are the officers and directors of TRUSCOTT COMMUNITY FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does TRUSCOTT COMMUNITY FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $369,024, expenses of $400,967 and total assets of $367,704 at year end.
Other nonprofits in TRUSCOTT
- UNITED GRAND IMPERIAL COUN KNIGHTS OF RED CROSS OF CONSTANTINE EIN 23-7617524 · last filed 990-N for 2025
All nonprofits in TRUSCOTT · Texas · Philanthropy, voluntarism and grantmaking foundations