Nonprofit · EIN 26-3807338
ALBANY ISD EDUCATION FOUNDATION INC
Tax-exempt (reinstated) · EASTLAND, TX 76448
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990 | $394,267 | $441,905 | -$47,638 | $4,337,315 | $0 | $4,337,315 |
| August 31, 2024 | 990 | $499,974 | $396,827 | $103,147 | $4,384,953 | $0 | $4,384,953 |
| August 31, 2023 | 990 | $195,304 | $113,538 | $81,766 | $4,307,186 | $760 | $4,306,426 |
Financial details: 990 for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $394,267
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $433,613
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $5,208
- Program services (functional)
- $433,613
- Management and general (functional)
- $8,292
Balance sheet and other
- Total assets, start of year
- $4,384,953
- Total assets, end of year
- $4,337,315
- Total liabilities, end of year
- $0
- Net assets, end of year
- $4,337,315
- Publicly traded securities
- $4,300,419
- Net assets without donor restrictions
- $4,337,315
- Gross receipts
- $394,267
- Employees
- 0
- Volunteers
- 2
- 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 August 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBERT MONTGOMERY | Director Trustee or director | 1 | $0 |
| KALICO LEECH | Secretary Trustee or director | 1 | $0 |
| Ginny Ivy | Vice President Trustee or director | 1 | $0 |
| John Gallaher | DIRECTOR Trustee or director | 1 | $0 |
| JOE TIDWELL | Director Trustee or director | 1 | $0 |
| Matt Bellah | President Trustee or director | 1 | $0 |
| Reggy Spencer | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended August 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBERT MONTGOMERY | President Trustee or director | 1 | $0 |
| KALICO LEECH | Secretary Trustee or director | 1 | $0 |
| Ginny Ivy | Vice President Trustee or director | 1 | $0 |
| KIM NEECE FUENTES | DIRECTOR Trustee or director | 1 | $0 |
| JOE TIDWELL | Director Trustee or director | 1 | $0 |
| Matt Bellah | DIRECTOR Trustee or director | 1 | $0 |
| Reggy Spencer | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended August 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBERT MONTGOMERY | President Trustee or director | 1 | $0 |
| KALICO LEECH | Secretary Trustee or director | 1 | $0 |
| Ginny Ivy | Vice President Trustee or director | 1 | $0 |
| KIM NEECE FUENTES | DIRECTOR Trustee or director | 1 | $0 |
| JOE TIDWELL | Director Trustee or director | 1 | $0 |
| Matt Bellah | DIRECTOR Trustee or director | 1 | $0 |
| CORY BROWN | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 163, EASTLAND, TX 76448-0163
- Principal officer (990 for 2024)
- MATT BELLAH, P O BOX 2050, ALBANY, TX 76430
- Signed the 990
- MATT BELLAH, PRESIDENT
- Phone
- (325) 762-3974
- Return prepared by
- Susan J Schaefer CPA
Mission
The organization acts as a supporting organization to Albany Independent School District (a public school district in Texas). Receipts of charitable donations are used for providing grants and aids for the education needs of Albany ISD.
Program accomplishments
- Scholarship grants are paid on-behalf of Albany Independent School District to Albany ISD seniors attending college in the amount of $500 per semesters for 8 semesters. Recipients may also receive additional amounts based on number of applicants each year.Expenses $51,000 · grants $51,000
- Grants paid to or on-behalf of Albany Independent School District for operating subsidy. This cost saved the school district from directly having to use other school district funds; those saved funds were used by the district for further educational needs of the district.Expenses $382,613 · grants $382,613
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 August, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990 on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990 on file |
IRS record
- EIN
- 26-3807338
- 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
- 2015
- Accounting year ends
- August
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B11)
- Assets (IRS master file)
- $4,337,315
- Income (IRS master file)
- $394,267
Revocation and reinstatement
- Exemption revoked
- January 15, 2014
- Posted by the IRS
- April 14, 2014
- Reinstated
- Effective January 15, 2014
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | August 2025 | $394,267 | $441,905 | $4,337,315 | XML |
| 990 | August 2024 | $499,974 | $396,827 | $4,384,953 | XML |
| 990 | August 2023 | $195,304 | $113,538 | $4,307,186 | XML |
| 990 | August 2022 | $24,900 | $695,083 | $4,224,660 | IRS |
| 990 | August 2021 | – | – | – | IRS |
| 990 | August 2020 | – | – | – | IRS |
| 990 | August 2019 | – | – | – | IRS |
| 990 | August 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 26-3807338).
Questions about ALBANY ISD EDUCATION FOUNDATION INC
- What is the EIN of ALBANY ISD EDUCATION FOUNDATION INC?
- The employer identification number (EIN) of ALBANY ISD EDUCATION FOUNDATION INC is 26-3807338.
- Is ALBANY ISD EDUCATION FOUNDATION INC tax-exempt?
- Yes. The IRS revoked its exemption on January 15, 2014 and reinstated it effective January 15, 2014.
- Are donations to ALBANY ISD EDUCATION FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does ALBANY ISD EDUCATION FOUNDATION INC 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 ALBANY ISD EDUCATION FOUNDATION INC due?
- The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ALBANY ISD EDUCATION FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended August 2025.
- Who is the principal officer of ALBANY ISD EDUCATION FOUNDATION INC?
- The 990 for the year ended August 31, 2025 names MATT BELLAH.
- Who are the officers and directors of ALBANY ISD EDUCATION FOUNDATION INC?
- The 990 for the year ended August 31, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does ALBANY ISD EDUCATION FOUNDATION INC have?
- On its 990 for the year ended August 31, 2025 it reported revenue of $394,267, expenses of $441,905 and total assets of $4,337,315 at year end.
Other nonprofits in EASTLAND
- EASTLAND CENTENNIAL MEMORIAL LIBRARY OF EASTLAND TEXAS INC EIN 75-1537070 · last filed 990-EZ for 2025
- FAMBROUGH CHRISTIAN EDUCATION INC EIN 85-4330203 · last filed 990-EZ for 2025
- MULBERRY SCHOOL FOUNDATION EIN 83-2823527 · last filed 990-N for 2025
- SIEBERT ELEMENTARY PTO EIN 47-1688014 · last filed 990-N for 2025
- EASTLAND AG BOOSTER CLUB EIN 39-4429271 · last filed 990-EZ for 2025
- SOLID ROCK INC EIN 45-3672502 · last filed 990 for 2024
- EASTLAND COUNTY CRISIS CENTER INC EIN 75-2713201 · last filed 990 for 2025
- MY TRIBE CHILDCARE EIN 92-2809150 · last filed 990 for 2024