Nonprofit · EIN 73-6131373
LYNN COLBERT CHARITABLE FOUNDATION
Tax-exempt · DUNCAN, OK 73534
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $5,199,267 | $4,390,622 | $808,645 | $51,831,712 | $0 | $51,831,712 |
| June 30, 2024 | 990 | $5,198,830 | $4,505,909 | $692,921 | $51,023,067 | $0 | $51,023,067 |
| June 30, 2023 | 990 | $8,187,894 | $4,619,022 | $3,568,872 | $50,330,146 | $0 | $50,330,146 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $2,688,677
- Royalties
- $2,510,585
- Net gain from sales of assets
- $1,036,258
- Other revenue
- $2,510,590
Expenses
- Grants and similar amounts paid
- $3,708,111
- Compensation of officers, directors and key employees
- $292,853
- Salaries, compensation and benefits (total)
- $292,853
- Professional fundraising fees
- $0
- Accounting fees
- $7,334
- Depreciation
- $382,324
- Program services (functional)
- $3,708,111
- Management and general (functional)
- $682,511
Balance sheet and other
- Total assets, start of year
- $51,023,067
- Total assets, end of year
- $51,831,712
- Total liabilities, end of year
- $0
- Net assets, end of year
- $51,831,712
- Publicly traded securities
- $48,578,566
- Net assets without donor restrictions
- $51,831,712
- Gross receipts
- $12,522,156
- Employees
- 0
- Volunteers
- 2
- Year formed
- 1971
- State of legal domicile
- OK
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 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| TIM FALTYN | CO-TRUSTEE Trustee or director | 1 | $0 | $328,107 | $70,420 |
| BANCFIRST | CO-TRUSTEE Institutional trustee | 2 | $292,853 | $0 | $0 |
| JUSTIN CELLUM | CO-TRUSTEE Trustee or director | 1 | $0 | $127,564 | $23,433 |
| MARY SUE SUZIE BREWSTER | CO-TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| ZAC POGUE | CO-TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 5 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| TIM FALTYN | CO-TRUSTEE Trustee or director | 1 | $0 | $309,094 | $7,577 |
| BANCFIRST | CO-TRUSTEE Institutional trustee | 2 | $306,250 | $0 | $0 |
| JUSTIN CELLUM | CO-TRUSTEE Trustee or director | 1 | $0 | $114,803 | $7,577 |
| ALANA LEDFORD | CO-TRUSTEE Trustee or director | 1 | $0 | $71,106 | $1,348 |
| MARY SUE SUZIE BREWSTER | CO-TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 5 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| BANCFIRST | CO-TRUSTEE Institutional trustee | 2 | $484,602 | $0 | $0 |
| TIM FALTYN | CO-TRUSTEE Trustee or director | 1 | $0 | $247,375 | $12,959 |
| JUSTIN CELLUM | CO-TRUSTEE Trustee or director | 1 | $0 | $111,726 | $7,368 |
| ALANA TIBBS | CO-TRUSTEE Trustee or director | 1 | $0 | $70,247 | $7,368 |
| MARY SUE SUZIE BREWSTER | CO-TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1468, DUNCAN, OK 73534-1468
- In care of
- % GEOFF JOHNSON BANCFIRST
- Principal officer (990 for 2024)
- GEOFF JOHNSON, BANCFIRST 16 S 9TH ST, DUNCAN, OK 73533
- Signed the 990
- GEOFF JOHNSON, TRUST OFFICER
- Phone
- (580) 251-7027
- Return prepared by
- KPMG LLP
Mission
GRANT SCHOLARSHIPS TO STUDENTS ATTENDING MURRAY STATE COLLEGE AND SUPPLEMENT OPERATIONAL FUNDS FOR MURRAY STATE COLLEGE.
Program accomplishments
- THE LYNN COLBERT CHARITABLE FOUNDATION CONTINUES TO AWARD SCHOLARSHIPS TO STUDENTS ATTENDING MURRAY STATE COLLEGE. THE STUDENTS RECEIVING SCHOLARSHIPS INCLUDE RECIPIENTS FROM WITHIN STEPHENS COUNTY AS WELL AS OUTSIDE THE STEPHENS COUNTY AREA. SOME OF THE STUDENTS RECEIVED TUITION, FEE, & BOOK WAIVERS, WHILE OTHERS RECEIVED ON-CAMPUS HOUSING WAIVERS, AND A GROUP OF STUDENTS RECEIVED WAIVERS FOR BOTH. FUNDS ARE ALSO USED TO SUPPLEMENT OPERATIONAL FUNDS FOR MURRAY STATE COLLEGE AS CHOSEN BY LEADERSHIP OF MURRAY STATE.Expenses $3,708,111 · grants $3,708,111
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 73-6131373
- 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
- 2008
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $51,831,712
- Income (IRS master file)
- $12,522,156
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $5,199,267 | $4,390,622 | $51,831,712 | XML |
| 990 | June 2024 | $5,198,830 | $4,505,909 | $51,023,067 | XML |
| 990 | June 2023 | $8,187,894 | $4,619,022 | $50,330,146 | XML |
| 990 | June 2022 | $13,887,455 | $4,331,928 | $46,761,274 | IRS |
| 990 | June 2021 | – | – | – | 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 73-6131373).
Questions about LYNN COLBERT CHARITABLE FOUNDATION
- What is the EIN of LYNN COLBERT CHARITABLE FOUNDATION?
- The employer identification number (EIN) of LYNN COLBERT CHARITABLE FOUNDATION is 73-6131373.
- Is LYNN COLBERT CHARITABLE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
- Are donations to LYNN COLBERT CHARITABLE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LYNN COLBERT CHARITABLE FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of LYNN COLBERT CHARITABLE FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LYNN COLBERT CHARITABLE FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of LYNN COLBERT CHARITABLE FOUNDATION?
- The 990 for the year ended June 30, 2025 names GEOFF JOHNSON.
- Who are the officers and directors of LYNN COLBERT CHARITABLE FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 5 people; 1 received compensation from the organization.
- How much revenue does LYNN COLBERT CHARITABLE FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $5,199,267, expenses of $4,390,622 and total assets of $51,831,712 at year end.
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