Nonprofit · EIN 33-2407559
RICHELE SHERMAN FOUNDATION
Tax-exempt · LUBBOCK, TX 79423
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $28,595 | $26,850 | $1,745 | $1,745 | $0 | $1,745 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $28,595
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $1,394
- Program services (functional)
- $26,850
Balance sheet and other
- Total assets, start of year
- $0
- Total assets, end of year
- $1,745
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,745
- Gross receipts
- $28,595
- Employees
- 0
- Volunteers
- 3
- Year formed
- 2024
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SAMUEL SHERMAN | PRESIDENT | – | $0 |
Address and contacts
- Address (IRS master file)
- 3909 137TH, LUBBOCK, TX 79423-1264
- Principal officer (990 for 2025)
- SAMUEL SHERMAN, 3909 137TH ST, LUBBOCK, TX 79423
- Signed the 990
- SAMUEL SHERMAN, PRESIDENT
- Phone
- (806) 589-8023
- Return prepared by
- Duran-Diaz & Company LLC
Mission
Richele Sherman Foundations purpose is to award income replacement grants to individuals so that their family can continue to pay for everyday expenses while caring for ill family members.
Program accomplishments
- OPERATING EXPENSESExpenses $26,850 · revenue $28,595
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 on file |
| 2024 | December 31, 2024 | May 15, 2025 | No data |
| 2023 | December 31, 2023 | May 15, 2024 | No data |
IRS record
- EIN
- 33-2407559
- 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
- 2025
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Health care (E12)
- Assets (IRS master file)
- $1,745
- Income (IRS master file)
- $28,595
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about RICHELE SHERMAN FOUNDATION
- What is the EIN of RICHELE SHERMAN FOUNDATION?
- The employer identification number (EIN) of RICHELE SHERMAN FOUNDATION is 33-2407559.
- Is RICHELE SHERMAN FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2025.
- Are donations to RICHELE SHERMAN FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does RICHELE SHERMAN FOUNDATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of RICHELE SHERMAN 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 RICHELE SHERMAN FOUNDATION 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 RICHELE SHERMAN FOUNDATION?
- The 990 for the year ended December 31, 2025 names SAMUEL SHERMAN.
- Who are the officers and directors of RICHELE SHERMAN FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 1 person; 0 received compensation from the organization.
- How much revenue does RICHELE SHERMAN FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $28,595, expenses of $26,850 and total assets of $1,745 at year end.
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