Nonprofit · EIN 45-5266608
STARBOARD FOUNDATION INC
Tax-exempt · FORT WORTH, TX 76179
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $192,149 | $27,077 | $165,072 | $279,258 | $0 | $279,258 |
| December 31, 2023 | 990 | $217,366 | $37,186 | $180,180 | $204,134 | $0 | $204,134 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $109,488
- Program service revenue
- $0
- Investment income
- $21,779
- Net income from fundraising events
- $50,754
- Other revenue
- $60,882
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $20,211
- Management and general (functional)
- $6,866
Balance sheet and other
- Total assets, start of year
- $204,134
- Total assets, end of year
- $279,258
- Total liabilities, end of year
- $0
- Net assets, end of year
- $279,258
- Gross unrelated business income
- $50,754
- Gross receipts
- $212,360
- Employees
- 0
- Volunteers
- 5
- Year formed
- 2015
- 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 |
|---|---|---|---|
| Rob Karov | Member at large Officer | 2 | $0 |
| Reese Hillard | Board Member Officer | 2 | $0 |
| Craig Johnson | Memeber at large Officer | 2 | $0 |
| Thomas Felsenthal | President Officer | 4 | $0 |
| Richard Edgecomb | Secretary Officer | 2 | $0 |
| Blaine Farless | Treasure Officer | 1 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Rob Karov | Member at large Institutional trustee | 2 | $0 |
| Reese Hillard | Board Member Institutional trustee | 2 | $0 |
| Craig Johnson | Memeber at large Institutional trustee | 2 | $0 |
| Thomas Felsenthal | President Officer | 4 | $0 |
| Richard Edgecomb | Secretary Officer | 2 | $0 |
| Blaine Farless | Treasure Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 10000 BOAT CLUB RD, FORT WORTH, TX 76179-4003
- Mailing address (990-N for 2015)
- 1213 Belle Place, Fort Worth TX 76107
- Principal officer (990 for 2024)
- Blaine Farless, 37 Harbour Point Circle, Fort Worth, TX 76179
- Principal officer (990-N for 2015)
- Philip Schutts, 1213 Belle Place, Fort Worth TX 76107
- Signed the 990
- Blaine Farless, Treasure
- Phone
- (817) 517-3739
Mission
Promote education and recreation with respect to Eagle Mountain lake
Program accomplishments
- Clay shootExpenses $20,211 · revenue $72,495
- Building Fund for education and Club on lakerevenue $109,488
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
- 45-5266608
- 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
- 2015
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N67)
- Assets (IRS master file)
- $279,258
- Income (IRS master file)
- $212,360
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $192,149 | $27,077 | $279,258 | XML |
| 990 | December 2023 | $217,366 | $37,186 | $204,134 | XML |
| 990 | December 2022 | $274,234 | $425 | $140,458 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-N for 2015 Officer: Philip Schutts | December 31, 2015 | ≤ $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 45-5266608).
Questions about STARBOARD FOUNDATION INC
- What is the EIN of STARBOARD FOUNDATION INC?
- The employer identification number (EIN) of STARBOARD FOUNDATION INC is 45-5266608.
- Is STARBOARD FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to STARBOARD FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does STARBOARD FOUNDATION 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 STARBOARD FOUNDATION INC 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 STARBOARD FOUNDATION INC 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 STARBOARD FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names Blaine Farless.
- Who are the officers and directors of STARBOARD FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
- How much revenue does STARBOARD FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $192,149, expenses of $27,077 and total assets of $279,258 at year end.
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