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Nonprofit · EIN 47-5130265

TARA SCHOOL INCORPORATED

Tax-exempt · SOUTHLAKE, TX 76092

Financials

$183K$184K2023
Revenue Expenses · by fiscal year end
Financials of TARA SCHOOL INCORPORATED by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990-PF$183,000$184,480-$1,480-$20,062$0$0
Financial details: 990-PF for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$183,000

Expenses

Grants and similar amounts paid
$4,000
Salaries, compensation and benefits (total)
$47,000
Disbursements for charitable purposes
$3,000

Balance sheet and other

Total assets, start of year
-$18,582
Total assets, end of year
-$20,062
Total liabilities, end of year
$0
Net assets, end of year
$0
Qualifying distributions
$3,000

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, 2023, highest compensation first.

NameTitleHours / weekCompensation
RICHARD KARA
1203 FOREST HILLS DR, Southlake, TX 76092
DIRECTOR25$0

Address and contacts

Address (IRS master file)
1203 FOREST HILLS DR, SOUTHLAKE, TX 76092-7803
In care of
% RICHARD KARA
Signed the 990-PF
RICHARD KARA, DIRECTOR
Return prepared by
ABBEY'S FINANCIAL ADVISORY SERVICES INC

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, 2025Not on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
47-5130265
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private operating foundation
Donations deductible (Pub 78)
Private operating foundation, 50% limit
Exempt since
2016
Accounting year ends
December
Files
Form 990-PF
Category (NTEE)
Education (B19)
Assets (IRS master file)
$20,062
Income (IRS master file)
$183,000

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2023$183,000$184,480-$20,062XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2019–––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 47-5130265).

Questions about TARA SCHOOL INCORPORATED

What is the EIN of TARA SCHOOL INCORPORATED?
The employer identification number (EIN) of TARA SCHOOL INCORPORATED is 47-5130265.
Is TARA SCHOOL INCORPORATED tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
Are donations to TARA SCHOOL INCORPORATED tax-deductible?
Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
Which annual return does TARA SCHOOL INCORPORATED file?
Form 990-PF. Private foundations file every year.
When is the next return of TARA SCHOOL INCORPORATED 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 TARA SCHOOL INCORPORATED last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2023.
Who are the officers and directors of TARA SCHOOL INCORPORATED?
The 990-PF for the year ended December 31, 2023 lists 1 person; 0 received compensation from the organization.
How much revenue does TARA SCHOOL INCORPORATED have?
On its 990-PF for the year ended December 31, 2023 it reported revenue of $183,000, expenses of $184,480 and total assets of -$20,062 at year end.

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