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Nonprofit · EIN 27-2892319

THOMAS A AND MARY E DUGAN FOUNDATION

Tax-exempt · FARMINGTON, NM 87401

Financials

$1.6M$486K2023$3.1M$577K2024$1.6M$844K2025
Revenue Expenses · by fiscal year end
Financials of THOMAS A AND MARY E DUGAN FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$1,579,172$843,670$735,502$9,447,708$0$9,447,708
December 31, 2024990-PF$3,096,588$577,339$2,519,249$8,712,206$0$8,712,206
December 31, 2023990-PF$1,569,657$486,260$1,083,397$6,192,957$0$6,192,957
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$1,000,000
Dividends
$24,529
Interest
$278,688
Other income
$275,955

Expenses

Grants and similar amounts paid
$712,160
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$712,160
Excise tax on investment income
$6,330

Balance sheet and other

Total assets, start of year
$8,712,206
Total assets, end of year
$9,447,708
Total liabilities, end of year
$0
Net assets, end of year
$9,447,708
Fair market value of assets
$10,965,839
Qualifying distributions
$712,160
Net investment income
$579,172

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.

NameTitleHours / weekCompensation
SEAN THOMAS DUGAN
PO BOX 234, FARMINGTON, NM 87499
PRES./DIRECTOR1$0
MEGAN DUGAN RAINS
PO BOX 234, FARMINGTON, NM 87499
FIRST VP/DIRECTOR1$0
CRYSTAL GATES
1280 TROY KING RD, FARMINGTON, NM 87401
SECRETARY1$0
ADINA ACKERMAN
PO BOX 234, FARMINGTON, NM 87499
DIRECTOR0$0
JASON RAINS
PO BOX 234, FARMINGTON, NM 87499
DIRECTOR0$0
990-PF for the year ended December 31, 2024: 5 people
NameTitleHours / weekCompensation
SEAN THOMAS DUGAN
PO BOX 234, FARMINGTON, NM 87499
PRES./DIRECTOR1$0
MEGAN DUGAN RAINS
PO BOX 234, FARMINGTON, NM 87499
FIRST VP/DIRECTOR1$0
CRYSTAL GATES
709 E MURRAY DRIVE, FARMINGTON, NM 87401
SECRETARY1$0
ADINA ACKERMAN
PO BOX 234, FARMINGTON, NM 87499
DIRECTOR0$0
JASON RAINS
PO BOX 234, FARMINGTON, NM 87499
DIRECTOR0$0
990-PF for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
SEAN THOMAS DUGAN
PO BOX 234, FARMINGTON, NM 87499
PRES./DIRECTOR1$0
MEGAN DUGAN RAINS
PO BOX 234, FARMINGTON, NM 87499
FIRST VP/DIRECTOR1$0
CRYSTAL GATES
709 E MURRAY DRIVE, FARMINGTON, NM 87401
SECRETARY1$0
ADINA ACKERMAN
PO BOX 234, FARMINGTON, NM 87499
DIRECTOR0$0
JASON RAINS
PO BOX 234, FARMINGTON, NM 87499
DIRECTOR0$0

Address and contacts

Address (IRS master file)
1280 TROY KING RD, FARMINGTON, NM 87401-3623
Signed the 990-PF
SEAN THOMAS DUGAN, PRES./DIR.
Phone
(505) 592-4792
Return prepared by
PELTIER GUSTAFSON & MILLER PA

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

IRS record

EIN
27-2892319
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
2011
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$9,447,708
Income (IRS master file)
$1,579,172

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$1,579,172$843,670$9,447,708IRS
990-PFDecember 2024$3,096,588$577,339$8,712,206XML
990-PFDecember 2023$1,569,657$486,260$6,192,957XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 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 27-2892319).

Questions about THOMAS A AND MARY E DUGAN FOUNDATION

What is the EIN of THOMAS A AND MARY E DUGAN FOUNDATION?
The employer identification number (EIN) of THOMAS A AND MARY E DUGAN FOUNDATION is 27-2892319.
Is THOMAS A AND MARY E DUGAN FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
Are donations to THOMAS A AND MARY E DUGAN FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does THOMAS A AND MARY E DUGAN FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of THOMAS A AND MARY E DUGAN 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 THOMAS A AND MARY E DUGAN 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 THOMAS A AND MARY E DUGAN FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does THOMAS A AND MARY E DUGAN FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $1,579,172, expenses of $843,670 and total assets of $9,447,708 at year end.

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