Nonprofit · EIN 74-2032522
BAYLOR LINE FOUNDATION
Tax-exempt · WACO, TX 76701
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $649,366 | $955,265 | -$305,899 | $9,223,648 | $98,179 | $9,125,469 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $163,496
- Program service revenue
- $0
- Investment income
- $479,837
- Net gain from sales of assets
- $348,324
- Net income from fundraising events
- $6,033
- Other revenue
- $6,033
Expenses
- Grants and similar amounts paid
- $55,900
- Compensation of officers, directors and key employees
- $50,622
- Other salaries and wages
- $264,435
- Salaries, compensation and benefits (total)
- $483,869
- Professional fundraising fees
- $0
- Occupancy
- $49,715
- Travel
- $6,220
- Depreciation
- $41,306
- Program services (functional)
- $423,337
- Management and general (functional)
- $386,792
- Fundraising (functional)
- $145,136
Balance sheet and other
- Total assets, start of year
- $9,289,616
- Total assets, end of year
- $9,223,648
- Total liabilities, end of year
- $98,179
- Net assets, end of year
- $9,125,469
- Land, buildings and equipment
- $147,512
- Publicly traded securities
- $7,733,684
- Net assets without donor restrictions
- $6,681,895
- Net assets with donor restrictions
- $2,443,574
- Gross receipts
- $1,142,479
- Employees
- 10
- Volunteers
- 0
- Year formed
- 1859
- 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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JONATHON PLATT | CEO Officer | 40 | $148,400 |
| JAMES MCINNIS | FORMER CFO Officer | 40 | $56,272 |
| GEORGE COWDEN III | DIRECTOR Trustee or director | 1 | $0 |
| JACKIE BAUGH MOORE | DIRECTOR Trustee or director | 1 | $0 |
| LAURA HILTON HALLMON | DIRECTOR Trustee or director | 1 | $0 |
| STACY MAYS SHARP | DIRECTOR Trustee or director | 1 | $0 |
| KAYE CALLAWAY | DIRECTOR Trustee or director | 1 | $0 |
| MALEESA SMITH | DIRECTOR Trustee or director | 1 | $0 |
| MCKENZIE MCENTYRE | DIRECTOR Trustee or director | 1 | $0 |
| MADELINE SNEED | DIRECTOR Trustee or director | 1 | $0 |
| ROBERT F DARDEN | EDITORIAL CHAIR Trustee or director, Officer | 1 | $0 |
| TONY PEDERSON | PAST PRESIDENT Trustee or director, Officer | 1 | $0 |
| KAREN WALDEN JONES | PRESIDENT Trustee or director, Officer | 1 | $0 |
| SHARON MCDONALD BARNES | PRESIDENT ELECT Trustee or director, Officer | 1 | $0 |
| LINDSEY STOVER | SECRETARY Trustee or director, Officer | 1 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBERT MORALES | TREASURER Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 600 AUSTIN AVE STE 20, WACO, TX 76701-2044
- In care of
- % CHAD WOOTEN
- Principal officer (990 for 2024)
- JONATHON PLATT, PO BOX 2089, WACO, TX 76703
- Signed the 990
- JONATHON PLATT, CHIEF EXECUTIVE OFFICER
- Phone
- (254) 732-0393
- Return prepared by
- JRBT PC
Mission
TO PROVIDE THE SUPPORT OF BENEVOLENT, CHARITABLE, AND EDUCATIONAL UNDERTAKINGS BY EXTENDING FINANCIAL AND OTHER AID TO BAYLOR UNIVERSITY.
Program accomplishments
- PROVIDED PROGRAMS, RECOGNITIONS AND COMMUNICATIONS IN SUPPORT OF BAYLOR UNIVERSITY AND ITS ALUMNI, INCLUDING REUNIONS AND OTHER EVENTS, 10 ANNUAL AWARDS, PUBLICATION OF BAYLOR LINE MAGAZINE AND ELECTRONIC/ONLINE COMMUNICATIONS; APPROXIMATELY 18,000 MEMBERS.Expenses $423,337 · grants $55,900
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 | Not 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
- 74-2032522
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1979
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B84Z)
- Assets (IRS master file)
- $9,223,648
- Income (IRS master file)
- $1,142,479
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $769,927 | $953,707 | $9,289,616 | IRS |
| 990 | December 2022 | $932,985 | $1,128,625 | $9,167,230 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | May 2019 | – | – | – | IRS |
| 990 | May 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about BAYLOR LINE FOUNDATION
- What is the EIN of BAYLOR LINE FOUNDATION?
- The employer identification number (EIN) of BAYLOR LINE FOUNDATION is 74-2032522.
- Is BAYLOR LINE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1979.
- Are donations to BAYLOR LINE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BAYLOR LINE 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 BAYLOR LINE FOUNDATION 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 BAYLOR LINE FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of BAYLOR LINE FOUNDATION?
- The 990 for the year ended December 31, 2024 names JONATHON PLATT.
- Who are the officers and directors of BAYLOR LINE FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 16 people; 2 received compensation from the organization, the highest $148,400 (JONATHON PLATT, CEO).
- How much revenue does BAYLOR LINE FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $649,366, expenses of $955,265 and total assets of $9,223,648 at year end.
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