Nonprofit · EIN 31-1524605
THE LARRY GILBERT FOUNDATION INC
Tax-exempt · LEXINGTON, KY 40502
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $32,205 | $24,511 | $7,694 | $146,867 | $0 | $146,867 |
| December 31, 2023 | 990-EZ | $19,255 | $24,880 | -$5,625 | $139,173 | $0 | $139,173 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $17,900
- Program service revenue
- $2,701
- Investment income
- $6,241
- Net income from fundraising events
- $5,363
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $2,453
- Other expenses
- $22,058
- Program services (functional)
- $7,400
Balance sheet and other
- Total assets, start of year
- $139,173
- Total assets, end of year
- $146,867
- Total liabilities, end of year
- $0
- Net assets, end of year
- $146,867
- Cash, savings and investments
- $138,117
- Gross receipts
- $38,256
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-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GREG TURCOTTE | CHAIRMAN | 10 | $0 |
| RYAN KEY | TREASURER, CO-CHAIRMAN | 2 | $0 |
| CAROL BRYANT | SECRETARY, DIRECTOR | 2 | $0 |
| JOE BRUMLEY | DIRECTOR | 1 | $0 |
| JEB BRUMLEY | DIRECTOR | 1 | $0 |
| CHRISTOPHER GILBERT | DIRECTOR | 1 | $0 |
| BRENDA GILBERT | DIRECTOR | 1 | $0 |
| HARRISON LANE | DIRECTOR | 1 | $0 |
| PAT KELLY | DIRECTOR | 1 | $0 |
| BARRY LENDRUM | DIRECTOR | 1 | $0 |
| JUSTIN MULLANNIX | DIRECTOR | 1 | $0 |
| SARAH BLACK | DIRECTOR | 1 | $0 |
990-EZ for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GREG TURCOTTE | CHAIRMAN | 10 | $0 |
| RYAN KEY | TREASURER, CO-CHAIRMAN | 2 | $0 |
| CAROL BRYANT | SECRETARY, DIRECTOR | 2 | $0 |
| JOE BRUMLEY | DIRECTOR | 1 | $0 |
| JEB BRUMLEY | DIRECTOR | 1 | $0 |
| CHRISTOPHER GILBERT | DIRECTOR | 1 | $0 |
| BRENDA GILBERT | DIRECTOR | 1 | $0 |
| HARRISON LANE | DIRECTOR | 1 | $0 |
| PAT KELLY | DIRECTOR | 1 | $0 |
| BARRY LENDRUM | DIRECTOR | 1 | $0 |
| JUSTIN MULLANNIX | DIRECTOR | 1 | $0 |
| SARAH BLACK | DIRECTOR | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 866 MALABU DR, LEXINGTON, KY 40502-3404
- In care of
- % LINDA SERAFINI
- Mailing address (990-N for 2025)
- 866 MALABU DRIVE, LEXINGTON KY 40502
- Principal officer (990-N for 2025)
- GREG TURCOTTE, 866 MALABU DRIVE, LEXINGTON KY 40502
- Signed the 990-EZ
- GREG TURCOTTE, CO-CHAIRMAN
- Phone
- (859) 253-9183
- Return prepared by
- RFH PLLC
Mission
TO PRESERVE GOLF FOR THE NEXT GENERATION. TO INSTILL GOLF'S VALUES AND RESPECT FOR THE GAME. TO BUILD INTEGRITY, HONESTY AND SPORTSMANSHIP THROUGH THE CONSTRUCTION OF A GOLF LEARING CENTER FOR YOUTH IN THE LEXINGTON-FAYETTE COUNTY AREA.
Program accomplishments
- THE LARRY GILBERT INTER-CLUB JR. GOLF TOUR WAS HELD. THIS PROGRAM PROVIDED YOUTH GOLFERS INSTRUCTION AND PLAYING OPPORTUNITIES AT VARIOUS LEXINGTON AREA GOLF COURSES.Expenses $2,318
- DSE OFFERS THE OPPORTUNITY TO BRING GOLF OPPORTUNITIES TO TITLE ONE SCHOOLS AND INCREASE THE NUMBER OF YOUTH GOLFERS THE FOUNDATION CAN POSITIVELY AFFECT IN THE COMMUNITY, AS WELL AS INTRODUCE THE GAME OF GOLF WHERE LIFE LESSONS CAN BE LEARNED.Expenses $5,082
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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-N on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 31-1524605
- 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
- 1998
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Recreation and sports (N70)
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-N for 2025 Officer: GREG TURCOTTE | December 31, 2025 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | December 2024 | $32,205 | $24,511 | $146,867 | IRS |
| 990-EZ | December 2023 | $19,255 | $24,880 | $139,173 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990-EZ | December 2017 | – | – | – | 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 31-1524605).
Questions about THE LARRY GILBERT FOUNDATION INC
- What is the EIN of THE LARRY GILBERT FOUNDATION INC?
- The employer identification number (EIN) of THE LARRY GILBERT FOUNDATION INC is 31-1524605.
- Is THE LARRY GILBERT FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to THE LARRY GILBERT FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE LARRY GILBERT FOUNDATION INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of THE LARRY GILBERT FOUNDATION 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 THE LARRY GILBERT FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
- Who is the principal officer of THE LARRY GILBERT FOUNDATION INC?
- The 990-N for 2025 names GREG TURCOTTE.
- Who are the officers and directors of THE LARRY GILBERT FOUNDATION INC?
- The 990-EZ for the year ended December 31, 2024 lists 12 people; 0 received compensation from the organization.
- How much revenue does THE LARRY GILBERT FOUNDATION INC have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $32,205, expenses of $24,511 and total assets of $146,867 at year end.
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