Nonprofit · EIN 45-3660984
TEXAS PANHANDLE INDEPENDENT FUTURES FOUNDATION
Tax-exempt · AMARILLO, TX 79105
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | -$7,798 | $163,883 | -$171,681 | $1,104,662 | $103,567 | $1,001,095 |
| December 31, 2023 | 990 | $784,867 | $167,259 | $617,608 | $1,986,343 | $813,567 | $1,172,776 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $38,499
- Program service revenue
- $16,000
- Investment income
- $18,110
- Net rental income
- -$80,407
- Net gain from sales of assets
- $13,500
- Other revenue
- -$80,407
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $770
- Accounting fees
- $8,228
- Occupancy
- $18,088
- Travel
- $2,719
- Depreciation
- $30,293
- Program services (functional)
- $152,569
- Management and general (functional)
- $11,010
- Fundraising (functional)
- $304
Balance sheet and other
- Total assets, start of year
- $1,986,343
- Total assets, end of year
- $1,104,662
- Total liabilities, end of year
- $103,567
- Net assets, end of year
- $1,001,095
- Land, buildings and equipment
- $1,006,555
- Net assets without donor restrictions
- $1,001,095
- Gross unrelated business income
- -$80,407
- Gross receipts
- $453,902
- Employees
- 0
- Volunteers
- 9
- Year formed
- 2011
- 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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JERRY GRAHAM | PRESIDENT Trustee or director, Officer | 3 | $0 |
| WES KNAPP | TREASURER Officer | 3 | $0 |
| PAM SIMPSON | SECRETARY Officer | 3 | $0 |
| RODNEY WEAVER | BOARD MEMBER Trustee or director | 1 | $0 |
| BETSY KELLEY | BOARD MEMBER Trustee or director | 1 | $0 |
| ALI ALLISON | BOARD MEMBER Trustee or director | 1 | $0 |
| HARVEY RICHARDS | BOARD MEMBER Trustee or director | 1 | $0 |
| KEN KELLEY | BOARD MEMBER Trustee or director | 1 | $0 |
| ASHLEY KELLEY | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JERRY GRAHAM | PRESIDENT Trustee or director, Officer | 3 | $0 |
| WES KNAPP | TREASURER Officer | 3 | $0 |
| PAM SIMPSON | SECRETARY Officer | 3 | $0 |
| RODNEY WEAVER | BOARD MEMBER Trustee or director | 1 | $0 |
| BETSY KELLEY | BOARD MEMBER Trustee or director | 1 | $0 |
| ALI ALLISON | BOARD MEMBER Trustee or director | 1 | $0 |
| VALERIE KIPER | BOARD MEMBER Trustee or director | 1 | $0 |
| HARVEY RICHARDS | BOARD MEMBER Trustee or director | 1 | $0 |
| KEN KELLEY | BOARD MEMBER Trustee or director | 1 | $0 |
| ASHLEY KELLEY | BOARD MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1233, AMARILLO, TX 79105-1233
- In care of
- % KEN KELLEY
- Mailing address (990-N for 2011)
- 2100 SPRUCE ST, AMARILLO TX 79103
- Principal officer (990 for 2024)
- WES KNAPP, 2600 S TRAVIS ST, AMARILLO, TX 79109
- Principal officer (990-N for 2011)
- KEN KELLEY, 2100 SPRUCE ST, AMARILLO TX 79103
- Signed the 990
- WES KNAPP, TREASURER
- Phone
- (806) 376-4521
- Website
- WWW.INDEPENDENTFUTURES.ORG
- Return prepared by
- WILSON HAAG PLLC
Mission
TO PROVIDE ADULTS WITH PHYSICAL DISABILITIES HOUSING AND EMPOWER THEM TO LEAD INDEPENDENT, MEANINGFUL LIVES.
Program accomplishments
- HOUSING FOR PHYSICALLY DISABLED ADULTSExpenses $152,569 · revenue $16,000
- TAXES PAID FOR 990T
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 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 45-3660984
- 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
- 2013
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P73)
- Assets (IRS master file)
- $1,104,662
- Income (IRS master file)
- $453,902
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | -$7,798 | $163,883 | $1,104,662 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $784,867 | $167,259 | $1,986,343 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $71,870 | $142,910 | $555,168 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
| 990-N for 2011 Officer: KEN KELLEY | December 31, 2011 | ≤ $50,000 receipts | – | – | e-Postcard |
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 45-3660984).
Questions about TEXAS PANHANDLE INDEPENDENT FUTURES FOUNDATION
- What is the EIN of TEXAS PANHANDLE INDEPENDENT FUTURES FOUNDATION?
- The employer identification number (EIN) of TEXAS PANHANDLE INDEPENDENT FUTURES FOUNDATION is 45-3660984.
- Is TEXAS PANHANDLE INDEPENDENT FUTURES FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
- Are donations to TEXAS PANHANDLE INDEPENDENT FUTURES FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TEXAS PANHANDLE INDEPENDENT FUTURES 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 TEXAS PANHANDLE INDEPENDENT FUTURES FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did TEXAS PANHANDLE INDEPENDENT FUTURES FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of TEXAS PANHANDLE INDEPENDENT FUTURES FOUNDATION?
- The 990 for the year ended December 31, 2024 names WES KNAPP.
- Who are the officers and directors of TEXAS PANHANDLE INDEPENDENT FUTURES FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
- How much revenue does TEXAS PANHANDLE INDEPENDENT FUTURES FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of -$7,798, expenses of $163,883 and total assets of $1,104,662 at year end.
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