Nonprofit · EIN 45-4775983
JIM AND SHIRLEY YOUNG FAMILY FOUNDATION
Tax-exempt · OMAHA, NE 68124
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $973,523 | $1,112,573 | -$139,050 | $16,962,477 | $0 | $16,962,477 |
| December 31, 2024 | 990-PF | $2,461,928 | $978,002 | $1,483,926 | $17,101,527 | $0 | $17,101,527 |
| December 31, 2023 | 990-PF | $207,457 | $392,734 | -$185,277 | $15,617,598 | $0 | $15,617,598 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $393,467
- Net gain from sales of assets
- $579,891
- Other income
- $165
Expenses
- Grants and similar amounts paid
- $905,000
- Disbursements for charitable purposes
- $988,114
- Excise tax on investment income
- $12,024
Balance sheet and other
- Total assets, start of year
- $17,101,527
- Total assets, end of year
- $16,962,477
- Total liabilities, end of year
- $0
- Net assets, end of year
- $16,962,477
- Fair market value of assets
- $22,649,160
- Qualifying distributions
- $988,114
- Net investment income
- $973,523
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-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SARAH WAGSTAFF PO BOX 24145, OMAHA, NE 68124 | DIRECTOR / TREASURER | 1 | $0 |
| MATT YOUNG PO BOX 24145, OMAHA, NE 68124 | DIRECTOR / SECRETARY | 1 | $0 |
| SHIRLEY A YOUNG PO BOX 24145, OMAHA, NE 68124 | DIRECTOR / PRESIDENT / SEC / TREAS | 1 | $0 |
| JAMES YOUNG JR PO BOX 24145, OMAHA, NE 68124 | DIRECTOR / VP / ASST TREAS / ASST SEC | 1 | $0 |
990-PF for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SARAH WAGSTAFF PO BOX 24145, OMAHA, NE 68124 | DIR / TREAS | 1 | $0 |
| MATT YOUNG PO BOX 24145, OMAHA, NE 68124 | DIR / SEC | 1 | $0 |
| SHIRLEY A YOUNG PO BOX 24145, OMAHA, NE 68124 | PRES / DIR / SEC / TREASURER | 1 | $0 |
| JAMES YOUNG JR PO BOX 24145, OMAHA, NE 68124 | VP/ASST TREASURER/ASST SEC/DIR | 1 | $0 |
990-PF for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SARAH WAGSTAFF PO BOX 24145, OMAHA, NE 68124 | DIR / TREAS | 1 | $0 |
| MATT YOUNG PO BOX 24145, OMAHA, NE 68124 | DIR / SEC | 1 | $0 |
| SHIRLEY A YOUNG PO BOX 24145, OMAHA, NE 68124 | PRES / DIR / SEC / TREASURER | 1 | $0 |
| JAMES YOUNG JR PO BOX 24145, OMAHA, NE 68124 | VP/ASST TREASURER/ASST SEC/DIR | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 24145, OMAHA, NE 68124-0145
- In care of
- % JAN MARTIN
- Signed the 990-PF
- JAN MARTIN, PRESIDENT
- Phone
- (516) 508-9623
- Return prepared by
- FORVIS MAZARS LLP
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. 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-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 45-4775983
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2012
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $16,962,477
- Income (IRS master file)
- $6,491,706
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $973,523 | $1,112,573 | $16,962,477 | XML |
| 990-PF | December 2024 | $2,461,928 | $978,002 | $17,101,527 | IRS |
| 990-PF | December 2023 | $207,457 | $392,734 | $15,617,598 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | 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 45-4775983).
Questions about JIM AND SHIRLEY YOUNG FAMILY FOUNDATION
- What is the EIN of JIM AND SHIRLEY YOUNG FAMILY FOUNDATION?
- The employer identification number (EIN) of JIM AND SHIRLEY YOUNG FAMILY FOUNDATION is 45-4775983.
- Is JIM AND SHIRLEY YOUNG FAMILY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
- Are donations to JIM AND SHIRLEY YOUNG FAMILY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does JIM AND SHIRLEY YOUNG FAMILY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of JIM AND SHIRLEY YOUNG FAMILY 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 JIM AND SHIRLEY YOUNG FAMILY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of JIM AND SHIRLEY YOUNG FAMILY FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does JIM AND SHIRLEY YOUNG FAMILY FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $973,523, expenses of $1,112,573 and total assets of $16,962,477 at year end.
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All nonprofits in OMAHA · Nebraska · Philanthropy, voluntarism and grantmaking foundations