Nonprofit · EIN 74-1592715
THORNWOOD FUND INC
Tax-exempt · HOUSTON, TX 77084
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $538,060 | $501,884 | $36,176 | $359,308 | $142,368 | $216,940 |
| December 31, 2024 | 990 | $466,039 | $630,976 | -$164,937 | $291,002 | $110,238 | $180,764 |
| December 31, 2023 | 990 | $443,160 | $405,128 | $38,032 | $474,024 | $131,216 | $342,808 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $505,700
- Investment income
- $1,666
- Other revenue
- $30,694
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $509
- Accounting fees
- $625
- Program services (functional)
- $476,529
- Management and general (functional)
- $25,355
Balance sheet and other
- Total assets, start of year
- $291,002
- Total assets, end of year
- $359,308
- Total liabilities, end of year
- $142,368
- Net assets, end of year
- $216,940
- Gross receipts
- $538,060
- Employees
- 0
- Volunteers
- 5
- Year formed
- 1966
- State of legal domicile
- TX
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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Briton Sparkman | President Trustee or director, Officer | 2 | $0 |
| Robert Cunningham | Treasurer Trustee or director, Officer | 2 | $0 |
| Tammy Culpepper | Secretary Trustee or director, Officer | 2 | $0 |
| John Miller | Trustee Trustee or director | 2 | $0 |
| Joe Phillips | Vice President Officer | 2 | $0 |
990 for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Patrick Alvarez | Trustee Trustee or director | 2 | $0 |
| Briton Sparkman | President Trustee or director, Officer | 2 | $0 |
| Robert Cunningham | Treasurer Trustee or director, Officer | 2 | $0 |
| Tammy Culpepper | Secretary Trustee or director, Officer | 2 | $0 |
| Joe Phillips | Vice President Officer | 2 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Robert Cunningham | Director Trustee or director | 2 | $0 |
| Tammy Culpepper | Secretary Trustee or director, Officer | 2 | $0 |
| Briton Sparkman | President Trustee or director, Officer | 2 | $0 |
| Randall House | Treasurer Trustee or director, Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 17171 PARK ROW STE 310, HOUSTON, TX 77084-4935
- In care of
- % BRITON SPARKMAN
- Signed the 990
- BRITON SPARKMAN, President
- Phone
- (713) 647-0007
- Website
- www.crest-management.com
- Return prepared by
- Cox CPA Services Inc
Mission
Association formed to protect and maintain the recreational facilities and common areas of the geographic area for the welfare and safety of the property owners and visitors to the community.
Program accomplishments
- The Association provides garbage, sanitation and security patrol for the safety and welfare of the members and visitors to the community. The Association is reimbursed for a portion of the service and the reimbursements are separately stated with revenue.Expenses $172,788
- The Association provides the maintenance and improvements to two pools, a clubhouse and other common elements for the benefit and welfare of the owners and visitors to the area.Expenses $152,693
- The Association provides landscaping of all common areas, utilities, general maintenance,pest control and other services for the benefit and welfare of the members and visitors to the area.Expenses $151,048
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 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 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 74-1592715
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 1999
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $359,308
- Income (IRS master file)
- $538,060
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $538,060 | $501,884 | $359,308 | IRS |
| 990 | December 2024 | $466,039 | $630,976 | $291,002 | XML |
| 990 | December 2023 | $443,160 | $405,128 | $474,024 | XML |
| 990 | December 2022 | $251,354 | $378,385 | $459,870 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | 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 74-1592715).
Questions about THORNWOOD FUND INC
- What is the EIN of THORNWOOD FUND INC?
- The employer identification number (EIN) of THORNWOOD FUND INC is 74-1592715.
- Is THORNWOOD FUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1999.
- Are donations to THORNWOOD FUND INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does THORNWOOD FUND INC 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 THORNWOOD FUND INC 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 THORNWOOD FUND INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who are the officers and directors of THORNWOOD FUND INC?
- The 990 for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does THORNWOOD FUND INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $538,060, expenses of $501,884 and total assets of $359,308 at year end.
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All nonprofits in HOUSTON · Texas · Community improvement and capacity building