Nonprofit · EIN 46-3081716
DIRECTORS FOUNDATION INC
Tax-exempt (reinstated) · ABILENE, TX 79606
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $2,044,605 | $1,979,509 | $65,096 | $282,699 | $0 | $282,699 |
| December 31, 2023 | 990-PF | $2,061,052 | $1,966,316 | $94,736 | $217,603 | $0 | $217,603 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,014,983
- Interest
- $29,622
Expenses
- Grants and similar amounts paid
- $1,964,319
- Disbursements for charitable purposes
- $1,979,509
- Excise tax on investment income
- $412
Balance sheet and other
- Total assets, start of year
- $217,603
- Total assets, end of year
- $282,699
- Total liabilities, end of year
- $0
- Net assets, end of year
- $282,699
- Fair market value of assets
- $282,699
- Qualifying distributions
- $1,979,509
- Net investment income
- $29,622
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BILLY K SEALE 6550 DIRECTORS PARKWAY, ABILENE, TX 79606 | Director | 1 | $0 |
| DAWSON RODRIGUEZ 6550 DIRECTORS PARKWAY, ABILENE, TX 79606 | Director | 1 | $0 |
| Drew Seale 6550 DIRECTORS PARKWAY, ABILENE, TX 79606 | Director | 1 | $0 |
| TERRY GROBAN 6550 DIRECTORS PARKWAY, ABILENE, TX 79606 | Director | 1 | $0 |
| ROBERT HAMIL 6550 DIRECTORS PARKWAY, ABILENE, TX 79606 | Director | 1 | $0 |
| Dwayne McGraw 6550 DIRECTORS PARKWAY, ABILENE, TX 79606 | Director | 1 | $0 |
| TODD CARLSON 6550 DIRECTORS PARKWAY, ABILENE, TX 79606 | Director | 1 | $0 |
| NADENE SMITH 6550 DIRECTORS PARKWAY, ABILENE, TX 79606 | Director | 1 | $0 |
| PAUL LOVELACE 6550 DIRECTORS PARKWAY, ABILENE, TX 79606 | Director | 1 | $0 |
| JEFF STEWART 6550 DIRECTORS PARKWAY, ABILENE, TX 79606 | Director | 1 | $0 |
| ADDISON TEMPLETON 6550 DIRECTORS PARKWAY, ABILENE, TX 79606 | Director | 1 | $0 |
| THERON HOLLADAY 6550 DIRECTORS PARKWAY, ABILENE, TX 79606 | Director | 1 | $0 |
| LISA DAVIDSON 6550 DIRECTORS PARKWAY, ABILENE, TX 79606 | Director | 1 | $0 |
| PAT BAXTER 6550 DIRECTORS PARKWAY, ABILENE, TX 79606 | Director | 1 | $0 |
990-PF for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BILLY K SEALE 6550 DIRECTORS PARKWAY, ABILENE, TX 79606 | Director | 1 | $0 |
| DAWSON RODRIGUEZ 6550 DIRECTORS PARKWAY, ABILENE, TX 79606 | Director | 1 | $0 |
| Drew Seale 6550 DIRECTORS PARKWAY, ABILENE, TX 79606 | Director | 1 | $0 |
| TERRY GROBAN 6550 DIRECTORS PARKWAY, ABILENE, TX 79606 | Director | 1 | $0 |
| ROBERT HAMIL 6550 DIRECTORS PARKWAY, ABILENE, TX 79606 | Director | 1 | $0 |
| Dwayne McGraw 6550 DIRECTORS PARKWAY, ABILENE, TX 79606 | Director | 1 | $0 |
| TODD CARLSON 6550 DIRECTORS PARKWAY, ABILENE, TX 79606 | Director | 1 | $0 |
| NADENE SMITH 6550 DIRECTORS PARKWAY, ABILENE, TX 79606 | Director | 1 | $0 |
| PAUL LOVELACE 6550 DIRECTORS PARKWAY, ABILENE, TX 79606 | Director | 1 | $0 |
| JEFF STEWART 6550 DIRECTORS PARKWAY, ABILENE, TX 79606 | Director | 1 | $0 |
| ADDISON TEMPLETON 6550 DIRECTORS PARKWAY, ABILENE, TX 79606 | Director | 1 | $0 |
| THERON HOLLADAY 6550 DIRECTORS PARKWAY, ABILENE, TX 79606 | Director | 1 | $0 |
| LISA DAVIDSON 6550 DIRECTORS PARKWAY, ABILENE, TX 79606 | Director | 1 | $0 |
| PAT BAXTER 6550 DIRECTORS PARKWAY, ABILENE, TX 79606 | Director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 6550 DIRECTORS PKWY, ABILENE, TX 79606-5854
- In care of
- % TERRY GROBAN
- Signed the 990-PF
- TERRY GROBAN, Director
- Phone
- (325) 695-3412
- Website
- www.directorsfoundation.org
- Return prepared by
- GAGE & COMPANY CPAS 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 | Not 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
- 46-3081716
- 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
- 2017
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $282,699
- Income (IRS master file)
- $2,044,605
Revocation and reinstatement
- Exemption revoked
- May 15, 2016
- Posted by the IRS
- August 8, 2016
- Reinstated
- Effective May 15, 2016
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $2,044,605 | $1,979,509 | $282,699 | XML |
| 990-PF | December 2023 | $2,061,052 | $1,966,316 | $217,603 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | 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 46-3081716).
Questions about DIRECTORS FOUNDATION INC
- What is the EIN of DIRECTORS FOUNDATION INC?
- The employer identification number (EIN) of DIRECTORS FOUNDATION INC is 46-3081716.
- Is DIRECTORS FOUNDATION INC tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2016 and reinstated it effective May 15, 2016.
- Are donations to DIRECTORS FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does DIRECTORS FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of DIRECTORS 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 DIRECTORS FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of DIRECTORS FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 14 people; 0 received compensation from the organization.
- How much revenue does DIRECTORS FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $2,044,605, expenses of $1,979,509 and total assets of $282,699 at year end.
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All nonprofits in ABILENE · Texas · Philanthropy, voluntarism and grantmaking foundations