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Nonprofit · EIN 46-5732072

TLC FOUNDATION FROM THE HEART

Tax-exempt · ARTESIA, NM 88210

Financials

$6.2M$4.2M2023$8.9M$5.1M2024
Revenue Expenses · by fiscal year end
Financials of TLC FOUNDATION FROM THE HEART by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$8,931,746$5,051,853$3,879,893$9,284,039$6,160,009$3,124,030
December 31, 2023990-PF$6,214,660$4,181,483$2,033,177$7,597,201$4,907,624$2,689,577
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$8,439,907
Interest
$293,031
Net gain from sales of assets
$198,808

Expenses

Grants and similar amounts paid
$4,934,500
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$4,934,500
Excise tax on investment income
$6,837

Balance sheet and other

Total assets, start of year
$7,597,201
Total assets, end of year
$9,284,039
Total liabilities, end of year
$6,160,009
Net assets, end of year
$3,124,030
Fair market value of assets
$9,284,039
Qualifying distributions
$4,934,500
Net investment income
$491,839

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.

NameTitleHours / weekCompensation
DOUGLAS RAY CHANDLER
305 W ORCHARD LANE, CARLSBAD, NM 88220
PRESIDENT0$0
CHRIS TREW
PO BOX 1362, ROSWELL, NM 88202
VICE PRESIDENT0$0
JUDY A PITTMAN
PO BOX 1362, ROSWELL, NM 88202
DIRECTOR0$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
DOUGLAS RAY CHANDLER
305 W ORCHARD LANE, CARLSBAD, NM 88220
PRESIDENT0$0
CHRIS TREW
PO BOX 1362, ROSWELL, NM 88202
VICE PRESIDENT0$0
JUDY A PITTMAN
PO BOX 1362, ROSWELL, NM 88202
DIRECTOR0$0

Address and contacts

Address (IRS master file)
808 W MAIN ST, ARTESIA, NM 88210-0000
In care of
% TERRY LEE GRAY CHANDLER
Signed the 990-PF
DOUGLAS RAY CHANDLER, PRESIDENT
Phone
(505) 887-6934
Return prepared by
WHITLEY PENN 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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
46-5732072
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
2014
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$9,284,039
Income (IRS master file)
$21,953,769

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$8,931,746$5,051,853$9,284,039XML
990-PFDecember 2023$6,214,660$4,181,483$7,597,201XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 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 46-5732072).

Questions about TLC FOUNDATION FROM THE HEART

What is the EIN of TLC FOUNDATION FROM THE HEART?
The employer identification number (EIN) of TLC FOUNDATION FROM THE HEART is 46-5732072.
Is TLC FOUNDATION FROM THE HEART tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to TLC FOUNDATION FROM THE HEART tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does TLC FOUNDATION FROM THE HEART file?
Form 990-PF. Private foundations file every year.
When is the next return of TLC FOUNDATION FROM THE HEART 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 TLC FOUNDATION FROM THE HEART 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 TLC FOUNDATION FROM THE HEART?
The 990-PF for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does TLC FOUNDATION FROM THE HEART have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $8,931,746, expenses of $5,051,853 and total assets of $9,284,039 at year end.

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