Nonprofit · EIN 26-3946647
LIGHT A CANDLE FOUNDATION
Tax-exempt (reinstated) · W LAKE HILLS, TX 78746
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $181,501 | $252,147 | -$70,646 | $6,374,694 | $2,003,000 | $4,371,694 |
| December 31, 2024 | 990-PF | $3,136,567 | $413,706 | $2,722,861 | $6,047,340 | $1,605,000 | $4,442,340 |
| December 31, 2023 | 990-PF | $229,752 | $96,784 | $132,968 | $1,769,479 | $260,000 | $1,509,479 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Interest
- $181,501
Expenses
- Grants and similar amounts paid
- $200,000
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $201,642
- Excise tax on investment income
- $2,487
Balance sheet and other
- Total assets, start of year
- $6,047,340
- Total assets, end of year
- $6,374,694
- Total liabilities, end of year
- $2,003,000
- Net assets, end of year
- $4,371,694
- Fair market value of assets
- $6,374,694
- Qualifying distributions
- $201,642
- Net investment income
- $181,501
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-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JIMMY NASSOUR 3839 BEE CAVE RD 200, AUSTIN, TX 78746 | PRESIDENT | 1 | $0 |
| ERNEST KARAM 1919 SAN PEDRO, SAN ANTONIO, TX 78212 | SECRETARY | 1 | $0 |
| SAMMY NASSOUR 6103 SKAHAN LANE, AUSTIN, TX 78739 | TREASURER | 1 | $0 |
990-PF for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JIMMY NASSOUR 3839 BEE CAVE RD 200, AUSTIN, TX 78746 | PRESIDENT | 1 | $0 |
| ERNEST KARAM 1919 SAN PEDRO, SAN ANTONIO, TX 78212 | SECRETARY | 1 | $0 |
| SAMMY NASSOUR 6103 SKAHAN LANE, AUSTIN, TX 78739 | TREASURER | 1 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JIMMY NASSOUR 3839 BEE CAVE RD 200, AUSTIN, TX 78746 | PRESIDENT | 1 | $0 |
| ERNEST KARAM 1919 SAN PEDRO, SAN ANTONIO, TX 78212 | SECRETARY | 1 | $0 |
| SAMMY NASSOUR 6103 SKAHAN LANE, AUSTIN, TX 78739 | TREASURER | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 3839 BEE CAVES RD STE 200, W LAKE HILLS, TX 78746-6400
- Signed the 990-PF
- JIMMY NASSOUR, PRESIDENT
- Phone
- (512) 474-2900
- Return prepared by
- MAXWELL LOCKE & RITTER LLP
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. 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-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 26-3946647
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2018
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T21)
- Assets (IRS master file)
- $6,374,694
- Income (IRS master file)
- $181,501
Revocation and reinstatement
- Exemption revoked
- May 15, 2017
- Posted by the IRS
- February 12, 2018
- Reinstated
- Effective May 15, 2017
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-PF | December 2025 | $181,501 | $252,147 | $6,374,694 | XML |
| 990-PF | December 2024 | $3,136,567 | $413,706 | $6,047,340 | IRS |
| 990-PF | December 2023 | $229,752 | $96,784 | $1,769,479 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 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 26-3946647).
Questions about LIGHT A CANDLE FOUNDATION
- What is the EIN of LIGHT A CANDLE FOUNDATION?
- The employer identification number (EIN) of LIGHT A CANDLE FOUNDATION is 26-3946647.
- Is LIGHT A CANDLE FOUNDATION tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2017 and reinstated it effective May 15, 2017.
- Are donations to LIGHT A CANDLE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does LIGHT A CANDLE FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of LIGHT A CANDLE 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 LIGHT A CANDLE FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of LIGHT A CANDLE FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does LIGHT A CANDLE FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $181,501, expenses of $252,147 and total assets of $6,374,694 at year end.
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