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Nonprofit · EIN 74-2913554

AUSTIN GIFTED

Tax-exempt · AUSTIN, TX 78731

Financials

$1.5M$2.1M2024
Revenue Expenses · by fiscal year end
Financials of AUSTIN GIFTED by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2025990$1,507,562$2,130,667-$623,105$1,775,420$1,638,524$136,896
Financial details: 990 for the year ended August 31, 2025

Revenue

Contributions, gifts and grants
$109,762
Program service revenue
$1,383,501
Investment income
$2,621
Net gain from sales of assets
-$6,308
Net income from fundraising events
$2,338
Other revenue
$11,678

Expenses

Grants and similar amounts paid
$88,450
Compensation of officers, directors and key employees
$201,148
Other salaries and wages
$1,091,222
Salaries, compensation and benefits (total)
$1,444,929
Professional fundraising fees
$0
Legal fees
$1,431
Accounting fees
$1,001
Occupancy
$404,970
Depreciation
$10,000
Program services (functional)
$1,666,956
Management and general (functional)
$417,473
Fundraising (functional)
$46,238

Balance sheet and other

Total assets, start of year
$2,042,259
Total assets, end of year
$1,775,420
Total liabilities, end of year
$1,638,524
Net assets, end of year
$136,896
Land, buildings and equipment
$29,595
Publicly traded securities
$451,697
Net assets without donor restrictions
$136,896
Gross receipts
$2,368,046
Employees
30
Volunteers
12
Year formed
2005
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 August 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Desiree KimballExecutive Dir.
Trustee or director
40$115,559
Maria SelkeDirector
Trustee or director
40$81,140
Suzanne FangerDirector
Trustee or director
20$0
AZ BeaversDirector
Trustee or director
10$0
Lisa NovakDirector
Trustee or director
2$0
Thomas MathenyDirector
Trustee or director
4$0
Danny MulliganPresident
Officer
2$0
Mark RichmondSecretary
Officer
2$0
Laura DinkelTreasurer
Officer
2$0

Address and contacts

Address (IRS master file)
5206 BALCONES DR, AUSTIN, TX 78731-5415
In care of
% DANNY MULLIGAN
Principal officer (990 for 2024)
Desiree Kimball, 5206 Balcones Dr, Austin, TX 78731
Signed the 990
Danny Mulligan, President
Phone
(512) 206-4070
Return prepared by
Key Figures LLC

Mission

ACE Academy provides personalized education for gifted learners within a nurturing community.

990 for the year ended August 31, 2025

Program accomplishments

  • Austin Gifted served roughly 60 gifted students from Kinder-8th grade from the Austin area. We provided exceptional academic and social emotional education an support.
    Expenses $1,666,956 · grants $88,450 · revenue $1,383,501

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 August, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025August 31, 2026January 15, 2027Not due yet
2024August 31, 2025January 15, 2026990 on file
2023August 31, 2024January 15, 2025990 on file

IRS record

EIN
74-2913554
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
2000
Accounting year ends
August
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B28)
Assets (IRS master file)
$1,775,420
Income (IRS master file)
$2,368,046

Filing history

FormYear endedRevenueExpensesAssetsReturn
990August 2025–––IRS
990August 2024–––IRS
990August 2023$1,847,254$1,632,434$1,845,260IRS
990August 2022$1,321,074$1,677,330$1,913,240IRS
990August 2021–––IRS
990August 2020–––IRS
990August 2019–––IRS
990August 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 AUSTIN GIFTED

What is the EIN of AUSTIN GIFTED?
The employer identification number (EIN) of AUSTIN GIFTED is 74-2913554.
Is AUSTIN GIFTED tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
Are donations to AUSTIN GIFTED tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does AUSTIN GIFTED 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 AUSTIN GIFTED due?
The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did AUSTIN GIFTED last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended August 2025.
Who is the principal officer of AUSTIN GIFTED?
The 990 for the year ended August 31, 2025 names Desiree Kimball.
Who are the officers and directors of AUSTIN GIFTED?
The 990 for the year ended August 31, 2025 lists 9 people; 2 received compensation from the organization, the highest $115,559 (Desiree Kimball, Executive Dir.).
How much revenue does AUSTIN GIFTED have?
On its 990 for the year ended August 31, 2025 it reported revenue of $1,507,562, expenses of $2,130,667 and total assets of $1,775,420 at year end.

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