Nonprofit · EIN 43-2023035
TAFT COLLEGE FOUNDATION
Tax-exempt · TAFT, CA 93268
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,136,406 | $1,155,765 | $980,641 | $7,326,187 | $0 | $7,326,187 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $108,406
- Program service revenue
- $0
- Investment income
- $1,972,808
- Net income from fundraising events
- $55,192
- Other revenue
- $55,192
Expenses
- Grants and similar amounts paid
- $229,650
- Compensation of officers, directors and key employees
- $129,137
- Salaries, compensation and benefits (total)
- $129,137
- Professional fundraising fees
- $0
- Program services (functional)
- $1,084,469
- Management and general (functional)
- $52,251
- Fundraising (functional)
- $19,045
Balance sheet and other
- Total assets, start of year
- $5,859,537
- Total assets, end of year
- $7,326,187
- Total liabilities, end of year
- $0
- Net assets, end of year
- $7,326,187
- Net assets without donor restrictions
- $652,851
- Net assets with donor restrictions
- $6,673,336
- Gross receipts
- $2,198,269
- Employees
- 43
- Volunteers
- 140
- Year formed
- 2002
- State of legal domicile
- CA
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Sheri Horn-Bunk | Executive Director Foundation | 40 | $68,737 | $34,350 |
| Jonathan Bench | Development Associate | 40 | $15,944 | $9,654 |
| Janice Ashley | Director Trustee or director | 1 | $0 | $0 |
| Cathy Bennett | Secretary Trustee or director, Officer | 1 | $0 | $0 |
| Janea Benton | Director Trustee or director | 1 | $0 | $0 |
| deanna blaise | Director Trustee or director | 1 | $0 | $0 |
| Richard Chapman | Director Trustee or director | 1 | $0 | $0 |
| Don Clark | Director Trustee or director | 1 | $0 | $0 |
| Les Clark Jr | Director Trustee or director | 1 | $0 | $0 |
| Mia Cifuentes | Director Trustee or director | 1 | $0 | $0 |
| Loretta Garcia Lipscomb | Director Trustee or director | 1 | $0 | $0 |
| Robert Duchow | President Trustee or director, Officer | 1 | $0 | $0 |
| Nik Boone | Director Trustee or director | 1 | $0 | $0 |
| Michael George | Director Trustee or director | 1 | $0 | $0 |
| Gabriela Gonzales | Director Trustee or director | 1 | $0 | $0 |
15 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Max Goossen | Director Trustee or director | 1 | $0 |
| Joshua Bryant | Director Trustee or director | 1 | $0 |
| Elizabeth Howard | Director Trustee or director | 1 | $0 |
| Mike Giacomini | Treasurer Trustee or director, Officer | 1 | $0 |
| Shana Gonsman | Director Trustee or director | 1 | $0 |
| Tom Kelley | Director Trustee or director | 1 | $0 |
| Megan Lopez | Director Trustee or director | 1 | $0 |
| Cherie Lucas | Director Trustee or director | 1 | $0 |
| Suzanne Noble | Director Trustee or director | 1 | $0 |
| Leslie Minor | Director Trustee or director | 1 | $0 |
| Rusty Risi | Director Trustee or director | 1 | $0 |
| Tim Rushing | Director Trustee or director | 1 | $0 |
| Ray Scott | Director Trustee or director | 1 | $0 |
| Ron Ostrom | Director Trustee or director | 1 | $0 |
| Kal Vaughn | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 29 COUGAR CT, TAFT, CA 93268-2329
- In care of
- % DIRECTOR OF BUSINESS SERVICES
- Principal officer (990 for 2024)
- Sheri Horn-Bunk
- Signed the 990
- Mike Giacomini, Treasurer
- Phone
- (661) 763-7700
- Return prepared by
- CWDL CPAs
Mission
The Taft College Foundation is dedicated to supporting student success through fund raising and development of community relationships.
Program accomplishments
- The Taft College Foundation staff cultivate and direct community resources to the Taft Community College in the areas that matter most to the community. All of the Foundation's focus pertains to student scholarships.Expenses $1,084,469
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 43-2023035
- 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
- 2004
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $7,326,187
- Income (IRS master file)
- $2,198,269
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | – | – | – | IRS |
| 990 | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $864,976 | $745,167 | $5,439,489 | IRS |
| 990 | June 2022 | $1,297,754 | $741,420 | $5,315,809 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 TAFT COLLEGE FOUNDATION
- What is the EIN of TAFT COLLEGE FOUNDATION?
- The employer identification number (EIN) of TAFT COLLEGE FOUNDATION is 43-2023035.
- Is TAFT COLLEGE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
- Are donations to TAFT COLLEGE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TAFT COLLEGE FOUNDATION 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 TAFT COLLEGE FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did TAFT COLLEGE FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of TAFT COLLEGE FOUNDATION?
- The 990 for the year ended June 30, 2025 names Sheri Horn-Bunk.
- Who are the officers and directors of TAFT COLLEGE FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 30 people; 2 received compensation from the organization, the highest $68,737 (Sheri Horn-Bunk, Executive Director Foundation).
- How much revenue does TAFT COLLEGE FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,136,406, expenses of $1,155,765 and total assets of $7,326,187 at year end.
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