Nonprofit · EIN 42-1281353
CADET ATHLETIC BOOSTERS INC
Tax-exempt · IOWA FALLS, IA 50126
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $99,576 | $88,678 | $10,898 | $385,627 | $0 | $385,627 |
| December 31, 2024 | 990-EZ | $111,091 | $78,031 | $33,060 | $374,729 | $0 | $374,729 |
| December 31, 2023 | 990-EZ | $101,500 | $37,350 | $64,150 | $341,669 | $0 | $341,669 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Membership dues
- $33,171
- Program service revenue
- $0
- Investment income
- $10,038
- Net income from fundraising events
- $56,367
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $84,897
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Occupancy
- $657
- Printing, publications and postage
- $3,124
- Program services (functional)
- $125,349
Balance sheet and other
- Total assets, start of year
- $374,729
- Total assets, end of year
- $385,627
- Total liabilities, end of year
- $0
- Net assets, end of year
- $385,627
- Cash, savings and investments
- $384,642
- Gross receipts
- $190,349
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Matt McNeal | President | 2 | $0 |
| Casey McNeal | Vice President | 2 | $0 |
| Prentice Lofstedt | Treasurer | 1 | $0 |
| Karla Isaacson | Secretary | 2 | $0 |
990-EZ for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Matt McNeal | President | 2 | $0 |
| Casey McNeal | Vice President | 2 | $0 |
| Prentice Lofstedt | Treasurer | 2 | $0 |
| Karla Isaacson | Secretary | 2 | $0 |
990-EZ for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Matt McNeal | President | 2 | $0 |
| Casey McNeal | Vice President | 2 | $0 |
| Prentice Lofstedt | Treasurer | 2 | $0 |
| Karla Isaacson | Secretary | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 132, IOWA FALLS, IA 50126-0132
- In care of
- % NISSLY & NISSLY
- Signed the 990-EZ
- Prentice Lofstedt, Treasurer
- Phone
- (641) 373-0950
Mission
Athletic fundraising
Program accomplishments
- Equipment and uniform purchases for HS and MS athletic programs benefiting hundreds of students.Expenses $84,897
- Youth basketball jersey, equipment and tournament expenses benefiting seventy or more students.Expenses $40,452
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ 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
- 42-1281353
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1987
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $385,627
- Income (IRS master file)
- $190,349
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $99,576 | $88,678 | $385,627 | IRS |
| 990-EZ | December 2024 | $111,091 | $78,031 | $374,729 | IRS |
| 990-EZ | December 2023 | $101,500 | $37,350 | $341,669 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | 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 42-1281353).
Questions about CADET ATHLETIC BOOSTERS INC
- What is the EIN of CADET ATHLETIC BOOSTERS INC?
- The employer identification number (EIN) of CADET ATHLETIC BOOSTERS INC is 42-1281353.
- Is CADET ATHLETIC BOOSTERS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
- Are donations to CADET ATHLETIC BOOSTERS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CADET ATHLETIC BOOSTERS 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 CADET ATHLETIC BOOSTERS 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 CADET ATHLETIC BOOSTERS INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of CADET ATHLETIC BOOSTERS INC?
- The 990-EZ for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does CADET ATHLETIC BOOSTERS INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $99,576, expenses of $88,678 and total assets of $385,627 at year end.
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