Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 45-5339253

PURPLE & GRAY FOUNDATION INC

Tax-exempt · BURLINGTON, IA 52601

Financials

$66K$19K2023$12K$18K2024
Revenue Expenses · by fiscal year end
Financials of PURPLE & GRAY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$11,823$17,885-$6,062$92,821–$92,821
December 31, 2023990-EZ$66,274$19,125$47,149$98,883–$98,883
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$7,417
Investment income
$4,406

Expenses

Grants and similar amounts paid
$12,647
Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$2,800
Other expenses
$2,438
Program services (functional)
$12,647

Balance sheet and other

Total assets, start of year
$98,883
Total assets, end of year
$92,821
Total liabilities, end of year
–
Net assets, end of year
$92,821
Cash, savings and investments
$92,821
Gross receipts
$11,823

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
KEVIN MUELLERTREASURER0.5$0
JON FLAHERTYSECRETARY0.5$0
TOBIAS LUNSFORDVICE-PRESIDE0.5$0
SCOTT ZAISERPRESIDENT0.5$0
JON HARTDIRECTOR0.5$0
KIRK MASSNERDIRECTOR0.5$0
JILL HENRICHDIRECTOR0.5$0
KYLER MASSNERDIRECTOR0.5$0
MIKE BREDARDIRECTOR0.5$0
JERRY SHERWOODDIRECTOR0.5$0
JAY HUFFDIRECTOR0.5$0
ROB SCOTTDIRECTOR0.5$0
990-EZ for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensation
KEVIN MUELLERTREASURER0.5$0
JON FLAHERTYSECRETARY0.5$0
TOBIAS LUNSFORDVICE-PRESIDE0.5$0
SCOTT ZAISERPRESIDENT0.5$0
JON HARTDIRECTOR0.5$0
KIRK MASSNERDIRECTOR0.5$0
JILL HENRICHDIRECTOR0.5$0
KYLER MASSNERDIRECTOR0.5$0
MIKE BREDARDIRECTOR0.5$0
JERRY SHERWOODDIRECTOR0.5$0
JAY HUFFDIRECTOR0.5$0
ROB SCOTTDIRECTOR0.5$0

Address and contacts

Address (IRS master file)
11890 IRISH RIDGE RD, BURLINGTON, IA 52601-8545
In care of
% MITCHELL L TAYLOR
Mailing address (990-N for 2013)
520 WASHINGTON STREET, BURLINGTON IA 52601
Principal officer (990-N for 2013)
JERRY COURTNEY, 520 WASHINGTON STREET, BURLINGTON IA 52601
Signed the 990-EZ
KEVIN MUELLER, TREASURER
Phone
(319) 752-8899
Return prepared by
TDT CPAS AND ADVISORS PC

Mission

THE PURPLE AND GRAY FOUNDATION MISSION IS TO ASSIST THE BURLINGTON COMMUNITY SCHOOL DISTRICT IN DEVELOPING ATHLETIC PROGRAMS AND FACILITIES AT THE SCHOOL DISTRICT.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • TO UPDATE AND IMPROVE THE BURLINGTON SCHOOL DISTRICT ATHLETIC FACILITIES, AS WELL AS PROVIDE SUPPORT TO THE BURLINGTON ATHLETIC BOOSTER CLUB.
    Expenses $12,647 · grants $12,647

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

File the 2025 990-N for PURPLE & GRAY FOUNDATION INC

Due May 15, 2026 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
45-5339253
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
2014
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$92,821
Income (IRS master file)
$11,823

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$11,823$17,885$92,821IRS
990-EZDecember 2023$66,274$19,125$98,883XML
990December 2022$80,971$25,252$51,734IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS
990-N for 2013
Officer: JERRY COURTNEY
December 31, 2013≤ $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 45-5339253).

Questions about PURPLE & GRAY FOUNDATION INC

What is the EIN of PURPLE & GRAY FOUNDATION INC?
The employer identification number (EIN) of PURPLE & GRAY FOUNDATION INC is 45-5339253.
Is PURPLE & GRAY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to PURPLE & GRAY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PURPLE & GRAY FOUNDATION INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of PURPLE & GRAY 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 PURPLE & GRAY FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who is the principal officer of PURPLE & GRAY FOUNDATION INC?
The 990-N for 2013 names JERRY COURTNEY.
Who are the officers and directors of PURPLE & GRAY FOUNDATION INC?
The 990-EZ for the year ended December 31, 2024 lists 12 people; 0 received compensation from the organization.
How much revenue does PURPLE & GRAY FOUNDATION INC have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $11,823, expenses of $17,885 and total assets of $92,821 at year end.

Other nonprofits in BURLINGTON

All nonprofits in BURLINGTON · Iowa · Philanthropy, voluntarism and grantmaking foundations