Nonprofit · EIN 72-1462460
SCHOONOVER FOUNDATION
Tax-exempt · SHREVEPORT, LA 71105
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $150,036 | $96,180 | $53,856 | $59,746 | $0 | $59,746 |
| December 31, 2024 | 990-PF | $19,234 | $42,817 | -$23,583 | $5,890 | $0 | $5,890 |
| December 31, 2023 | 990-PF | $25,933 | $150 | $25,783 | $29,473 | $0 | $29,473 |
| December 31, 2021 | 990-PF | $0 | $150 | -$150 | $3,840 | $0 | $3,840 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $150,000
- Interest
- $36
Expenses
- Grants and similar amounts paid
- $96,000
- Disbursements for charitable purposes
- $96,000
Balance sheet and other
- Total assets, start of year
- $5,890
- Total assets, end of year
- $59,746
- Total liabilities, end of year
- $0
- Net assets, end of year
- $59,746
- Fair market value of assets
- $59,746
- Qualifying distributions
- $96,000
- Net investment income
- $36
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kristen S Erler 330 East Gaywood, Houston, TX 77079 | Secretary | 0 | $0 |
| Michelle L Payne 13607 Pebblebrook Drive, Houston, TX 77079 | President & CEO | 0 | $0 |
| David L Schoonover 10564 Longfellow Trace, Shreveport, LA 71106 | Director | 0 | $0 |
| Brett S Schoonover 12045 Ashland Way, Shreveport, LA 71106 | Director | 0 | $0 |
990-PF for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kristen S Erler 330 East Gaywood, Houston, TX 77079 | Secretary | 0 | $0 |
| Michelle L Payne 13607 Pebblebrook Drive, Houston, TX 77079 | President & CEO | 0 | $0 |
| David L Schoonover 10564 Longfellow Trace, Shreveport, LA 71106 | Director | 0 | $0 |
| Brett S Schoonover 12045 Ashland Way, Shreveport, LA 71106 | Director | 0 | $0 |
990-PF for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kristen S Erler 330 East Gaywood, Houston, TX 77079 | Secretary | 0 | $0 |
| Michelle L Payne 13607 Pebblebrook Drive, Houston, TX 77079 | President & CEO | 0 | $0 |
| David L Schoonover 10564 Longfellow Trace, Shreveport, LA 71106 | Director | 0 | $0 |
| Brett S Schoonover 12045 Ashland Way, Shreveport, LA 71106 | Director | 0 | $0 |
990-PF for the year ended December 31, 2021: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Barbara J Schoonover 10564 Longfellow Trace, Shreveport, LA 71106 | President & CEO | 0 | $0 |
| Kristen S Erler 330 East Gaywood, Houston, TX 77079 | Secretary | 0 | $0 |
| Michelle L Payne 607 Glenchester, Houston, TX 77079 | Director | 0 | $0 |
| David L Schoonover 9523 Mazant Lane, Shreveport, LA 71115 | Director | 0 | $0 |
| Brett S Schoonover 12045 Ashland Way, Shreveport, LA 71106 | Director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 7607 FERN AVE STE 503, SHREVEPORT, LA 71105-5743
- In care of
- % STEVEN SCHOONOVER
- Signed the 990-PF
- Brett S Schoonover, Director
- Phone
- (318) 453-5145
- Return prepared by
- Marjorie E Hodges CPA
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 | 990-PF 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
- 72-1462460
- 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
- 2001
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $59,746
- Income (IRS master file)
- $150,036
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $150,036 | $96,180 | $59,746 | IRS |
| 990-PF | December 2024 | $19,234 | $42,817 | $5,890 | XML |
| 990-PF | December 2023 | $25,933 | $150 | $29,473 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | $0 | $150 | $3,840 | XML |
| 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 72-1462460).
Questions about SCHOONOVER FOUNDATION
- What is the EIN of SCHOONOVER FOUNDATION?
- The employer identification number (EIN) of SCHOONOVER FOUNDATION is 72-1462460.
- Is SCHOONOVER FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to SCHOONOVER FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does SCHOONOVER FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of SCHOONOVER FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SCHOONOVER FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of SCHOONOVER FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does SCHOONOVER FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $150,036, expenses of $96,180 and total assets of $59,746 at year end.
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