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Nonprofit · EIN 27-3247230

SK2 FUND INC

Tax-exempt · BOISE, ID 83711

Financials

$954K$1.6M2023$1.6M$1.7M2024
Revenue Expenses · by fiscal year end
Financials of SK2 FUND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$1,571,854$1,744,100-$172,246$24,528,353$62,351$24,466,002
December 31, 2023990-PF$953,763$1,573,892-$620,129$24,694,594$56,346$24,638,248
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$250,000
Dividends
$296,854
Interest
$269,574
Net gain from sales of assets
$572,662
Other income
$182,764

Expenses

Grants and similar amounts paid
$195,000
Compensation of officers, directors and key employees
$300,241
Salaries, compensation and benefits (total)
$165,861
Disbursements for charitable purposes
$1,179,642
Excise tax on investment income
$13,643

Balance sheet and other

Total assets, start of year
$24,694,594
Total assets, end of year
$24,528,353
Total liabilities, end of year
$62,351
Net assets, end of year
$24,466,002
Fair market value of assets
$25,097,587
Qualifying distributions
$2,089,642
Net investment income
$1,321,854

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, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Laurel Williams
PO Box 45334, Boise, ID 83711
Executive Dir.40$168,000$25,200
Kellen Williams
PO Box 45334, Boise, ID 83711
COO
Highest-paid employee
40$105,500$15,825
Erik Schultz
PO Box 45334, Boise, ID 83333
Director40$71,500$10,725
Linda Kincannon
PO Box 45334, Boise, ID 83333
Director1$0–
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensationOther / benefits
Laurel Williams
PO Box 45334, Boise, ID 83711
Executive Director40$159,700$42,369
Kellen Williams
PO Box 45334, Boise, ID 83711
Chief Operations Off
Highest-paid employee
40$100,225$25,903
Erik Schultz
PO Box 45334, Boise, ID 83711
Trustee40$67,650$21,025
Linda Kincannon
PO Box 45334, Boise, ID 83711
Trustee1$2,000–

Address and contacts

Address (IRS master file)
PO BOX 45334, BOISE, ID 83711-5334
In care of
% ERIK B SCHULTZ
Signed the 990-PF
Laurel Willams, Executive Director
Phone
(208) 602-8923
Return prepared by
Dave B Straley CPA

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, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
27-3247230
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private operating foundation
Donations deductible (Pub 78)
Private operating foundation, 50% limit
Exempt since
2010
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$24,528,353
Income (IRS master file)
$5,705,848

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$1,571,854$1,744,100$24,528,353XML
990-PFDecember 2023$953,763$1,573,892$24,694,594XML
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 27-3247230).

Questions about SK2 FUND INC

What is the EIN of SK2 FUND INC?
The employer identification number (EIN) of SK2 FUND INC is 27-3247230.
Is SK2 FUND INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
Are donations to SK2 FUND INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
Which annual return does SK2 FUND INC file?
Form 990-PF. Private foundations file every year.
When is the next return of SK2 FUND INC 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 SK2 FUND INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of SK2 FUND INC?
The 990-PF for the year ended December 31, 2024 lists 4 people; 3 received compensation from the organization, the highest $168,000 (Laurel Williams, Executive Dir.).
How much revenue does SK2 FUND INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,571,854, expenses of $1,744,100 and total assets of $24,528,353 at year end.

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