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Nonprofit · EIN 30-0857304

FRANKFORT DEVELOPMENT TRUST INC

Tax-exempt · LEAVENWORTH, KS 66048

Financials

$86K$140K2023$146K$147K2024$135K$135K2025
Revenue Expenses · by fiscal year end
Financials of FRANKFORT DEVELOPMENT TRUST INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$134,981$135,211-$230$607,024$0$607,024
December 31, 2024990$146,171$147,495-$1,324$679,102$91,071$588,031
December 31, 2023990-EZ$85,629$139,728-$54,099$449,144$5,100$444,044
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$127,322
Program service revenue
$0
Investment income
$21
Net income from fundraising events
$7,638
Other revenue
$7,638

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Occupancy
$8,190
Program services (functional)
$121,729
Management and general (functional)
$13,482

Balance sheet and other

Total assets, start of year
$679,102
Total assets, end of year
$607,024
Total liabilities, end of year
$0
Net assets, end of year
$607,024
Land, buildings and equipment
$589,229
Net assets without donor restrictions
$607,024
Gross unrelated business income
$7,638
Gross receipts
$150,547
Employees
0
Volunteers
17
Year formed
2015
State of legal domicile
KS

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
Linda FinchamPresident
Trustee or director, Officer
3.76$0
Roxanne TilleySecretary
Trustee or director, Officer
7.27$0
David FerrisTreasurer
Trustee or director, Officer
4.12$0
Nan LisherMember
Trustee or director
2.26$0
Pam SutherMember
Trustee or director
2.16$0
Bill GallagherMember
Trustee or director
2.64$0
Nancy GallagherMember
Trustee or director
2.21$0
Carol McKinneyMember
Trustee or director
1.87$0
990 for the year ended December 31, 2024: 8 people
NameTitleHours / weekCompensation
Linda FinchamPresident
Trustee or director, Officer
5$0
Roxanne TilleySecretary
Trustee or director, Officer
7$0
David FerrisTreasurer
Trustee or director, Officer
6$0
Nan LisherMember
Trustee or director
3$0
Pam SutherMember
Trustee or director
3$0
Bill GallagherMember
Trustee or director
4$0
Nancy GallagherMember
Trustee or director
4$0
Carol McKinneyMember
Trustee or director
3$0
990-EZ for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
Linda FinchamPresident3$0
Roxanne TilleySecretary5$0
David FerrisTreasurer5$0
Trent KennedyMember0.25$0
Nan LisherMember2$0
Pam SutherMember2$0
Bill GallagherMember2$0
Nancy GallagherMember2$0
Carol McKinneyMember2$0

Address and contacts

Address (IRS master file)
C/O DAVID FERRIS 563 SANTA FE, LEAVENWORTH, KS 66048-0000
In care of
% DAVID FERRIS
Principal officer (990 for 2025)
David Ferris, 563 Santa Fe, Leavenworth, KS 66048
Signed the 990
David Ferris, Treasurer
Phone
(913) 651-6081

Mission

Restoration/Revitalization of the Old Frankfort Grade School, an historic structure, that is on the national register of historic places. The building is a four-story structure that has existed for approximately 122 years. The school served the community until 1998, when it was sold to a private party. After about fifteen years of private ownership the building had been abandoned, fallen into disrepair, and was left open to the elements after suffering significant vandalism. The structure was in danger of demotion. The Frankfort Development Trust was formed to as a vehicle to restore and revitalize the building to serve a rural community. The goal is to provide a mix of housing, community space, learning environment, daycare, and historic commemoration in a multi-generational hub atmosphere.

990 for the year ended December 31, 2025

Program accomplishments

  • Renovation/restoration of the Old Frankfort Grade School. On-going work will provide for a structure that can be utilized by the Frankfort community and surrounding area. This will allow for the revitalization of the structure and promote commerce in the area. Service area is a population of 800-1,000 people. The project is a multi-phased undertaking that is supported by the ongoing activities of the trust. The cost estimate for the project is in the range of $3-4 million. The expenditures in this section reflect the direct costs of restoration of the building, specifically architect fees and services provided by building contractors. During the reporting period work on the second phase of a four-phase window restoration occurred. Previous projects have included replacement of roof structures, restoration of side porticos, asbestos removal, and guttering. The initial goal is to seal the envelope of the structure so interior work can occur. The work has been supported by contributions, fundraising, grants, loans, and state tax credits.
    Expenses $30,729 · revenue $134,981
  • The securing of grants helps to preserve a historic property and contributes to preservation of a rural community in Kansas. While supporting the goal of restoring the school, grants further the social and economic vitality of both the community and surrounding area. They support the vision of affordable housing, population growth, family retention, economic diversity, and community pride and engagement. In the reporting period government grant was paid. The larger grant is reflected as a revenue in the reporting period.
    Expenses $91,000 · revenue $100,000
  • Fundraising activities through events such as meals and golf tournaments. This provides funds for the restoration revitalization of the historic building. The community served/benefitted is both the Frankfort community and surrounding Marshall County, Kansas area of 800-1,000 people. In the reporting year, fundraising activity was provided by a volunteer board and community volunteers that numbered 17 people. There were twelve events including a golf tournament, breakfasts, soup days, and peach sales. Event attendance was in the range of 100-120 persons. For reporting purposes the expenses attributable to fundraising are not reported as program services.
    revenue $23,204

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-EZ on file

IRS record

EIN
30-0857304
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
2015
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$607,024
Income (IRS master file)
$150,547

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$134,981$135,211$607,024IRS
990December 2024$146,171$147,495$679,102IRS
990-EZDecember 2023$85,629$139,728$449,144XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––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 30-0857304).

Questions about FRANKFORT DEVELOPMENT TRUST INC

What is the EIN of FRANKFORT DEVELOPMENT TRUST INC?
The employer identification number (EIN) of FRANKFORT DEVELOPMENT TRUST INC is 30-0857304.
Is FRANKFORT DEVELOPMENT TRUST INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Are donations to FRANKFORT DEVELOPMENT TRUST INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FRANKFORT DEVELOPMENT TRUST 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 FRANKFORT DEVELOPMENT TRUST INC 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 FRANKFORT DEVELOPMENT TRUST INC 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 FRANKFORT DEVELOPMENT TRUST INC?
The 990 for the year ended December 31, 2025 names David Ferris.
Who are the officers and directors of FRANKFORT DEVELOPMENT TRUST INC?
The 990 for the year ended December 31, 2025 lists 8 people; 0 received compensation from the organization.
How much revenue does FRANKFORT DEVELOPMENT TRUST INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $134,981, expenses of $135,211 and total assets of $607,024 at year end.

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