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Nonprofit · EIN 27-0587589

KB FOUNDATION OF TEXAS

Tax-exempt · HARLINGEN, TX 78550

Financials

$1.3M$1.1M2023$1.3M$1.2M2024$1.3M$1.3M2025
Revenue Expenses · by fiscal year end
Financials of KB FOUNDATION OF TEXAS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$1,325,913$1,257,057$68,856$2,635,610$1,343,083$1,292,527
December 31, 2024990$1,302,329$1,249,084$53,245$2,596,392$1,372,634$1,223,758
December 31, 2023990$1,256,642$1,138,299$118,343$2,565,846$1,395,332$1,170,514
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,325,913
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$240,000
Other salaries and wages
$120,000
Salaries, compensation and benefits (total)
$410,978
Professional fundraising fees
$0
Legal fees
$10,000
Accounting fees
$9,875
Occupancy
$4,153
Travel
$85
Depreciation
$74,053
Program services (functional)
$983,060
Management and general (functional)
$273,997

Balance sheet and other

Total assets, start of year
$2,596,392
Total assets, end of year
$2,635,610
Total liabilities, end of year
$1,343,083
Net assets, end of year
$1,292,527
Land, buildings and equipment
$2,527,940
Net assets without donor restrictions
$1,292,527
Gross receipts
$1,325,913
Employees
2
Year formed
2009
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.

NameTitleHours / weekCompensation
KARAM S BOULOSPRESIDENT
Trustee or director, Officer
45$240,000
JESUS MUNOZDIRECTOR
Trustee or director
1$0
RAMIRO A MARTINEZSECRETARY
Trustee or director
1$0
MICHAEL G RODRIGUEZTREASURER
Trustee or director
1$0
POUL BOULOSKEY EMPLOYEE
Trustee or director
1$0
990 for the year ended December 31, 2024: 5 people
NameTitleHours / weekCompensation
KARAM S BOULOSPRESIDENT
Trustee or director, Officer
45$240,000
JESUS MUNOZDIRECTOR
Trustee or director
1$0
RAMIRO A MARTINEZSECRETARY
Trustee or director
1$0
MICHAEL G RODRIGUEZTREASURER
Trustee or director
1$0
POUL BOULOSKEY EMPLOYEE
Trustee or director
1$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
KARAM S BOULOSPRESIDENT
Trustee or director, Officer
45$240,000
MICHAEL G RODRIGUEZTREASURER
Trustee or director
1$0
POUL BOULOSKEY EMPLOYEE
Trustee or director
1$0
JESUS MUNOZDIRECTOR
Trustee or director
1$0
RAMIRO A MARTINEZSECRETARY
Trustee or director
1$0

Address and contacts

Address (IRS master file)
2925 CLIFFORD ST, HARLINGEN, TX 78550-8542
In care of
% KARAM BOULOS
Principal officer (990 for 2025)
KARAM S BOULOS, 2925 CLIFFORD ST, Harlingen, TX 78550
Signed the 990
KARAM BOULOS, PRESIDENT
Phone
(956) 778-5078
Return prepared by
ENRIQUE LEDESMA

Mission

To address juvenile crime, graffiti and gang violence in the Harlingen, Tx area and establish programs that provide juveniles with alternative activities after school and provide mentoring and educational tools to high risk students. Provide safe enviroment for migrant families.

990 for the year ended December 31, 2025

Program accomplishments

  • The organization is currently working with local law enforcement agencies to reduce gang activities through various youth program interventions such as establishing a teen youth center where economically disadvantaged and high risk youths can go after school and participate in numerous athletic activities as well as educational activities. This program is currently utilizing about 2% of the program expenses. The organization has also purchased computers to allow economically disadvantaged youth to enhance their educational opportunites (study rooms). The organization is also working with juveniles so that they may complete their high school education. With the collaboration of the Harlingen CISD and the city of Harl. the organization is providing intervention counseling to 9th grade students to prevent them from dropping out of school. The orgainzation is providing safe housing for migrant families seeking asylum in the U.S. by establishing buildings to lease.
    Expenses $983,060 · revenue $1,325,913
  • It also provides recreational area and housing area (60 acres) for children of undocumented individuals as well as provide these children with computers and other learning tools while in detention by the Immigration Naturalization Services agency (US HEALTH & HUMAN SERVICES). The building was purchased from Teen Challenge of Texas and is leased to Compass Connections Health and Human Services a U.S. governmental agency.

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
27-0587589
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
2009
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P30)
Assets (IRS master file)
$2,635,610
Income (IRS master file)
$1,325,913

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$1,325,913$1,257,057$2,635,610IRS
990December 2024$1,302,329$1,249,084$2,596,392IRS
990December 2023$1,256,642$1,138,299$2,565,846XML
990December 2022$1,137,144$1,138,498$2,452,506IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 27-0587589).

Questions about KB FOUNDATION OF TEXAS

What is the EIN of KB FOUNDATION OF TEXAS?
The employer identification number (EIN) of KB FOUNDATION OF TEXAS is 27-0587589.
Is KB FOUNDATION OF TEXAS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
Are donations to KB FOUNDATION OF TEXAS tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does KB FOUNDATION OF TEXAS 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 KB FOUNDATION OF TEXAS 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 KB FOUNDATION OF TEXAS 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 KB FOUNDATION OF TEXAS?
The 990 for the year ended December 31, 2025 names KARAM S BOULOS.
Who are the officers and directors of KB FOUNDATION OF TEXAS?
The 990 for the year ended December 31, 2025 lists 5 people; 1 received compensation from the organization, the highest $240,000 (KARAM S BOULOS, PRESIDENT).
How much revenue does KB FOUNDATION OF TEXAS have?
On its 990 for the year ended December 31, 2025 it reported revenue of $1,325,913, expenses of $1,257,057 and total assets of $2,635,610 at year end.

Other nonprofits in HARLINGEN

All nonprofits in HARLINGEN · Texas · Human services