Nonprofit · EIN 75-1247407
PERKINS-PROTHRO FOUNDATION
Tax-exempt · WICHITA FALLS, TX 76308
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $2,173,860 | $2,756,976 | -$583,116 | $17,478,649 | $0 | $17,478,649 |
| December 31, 2024 | 990-PF | $3,476,701 | $2,610,240 | $866,461 | $18,061,765 | $0 | $18,061,765 |
| December 31, 2023 | 990-PF | $2,785,529 | $3,040,368 | -$254,839 | $17,195,304 | $0 | $17,195,304 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $32,347
- Dividends
- $431,119
- Interest
- $174,065
- Net gain from sales of assets
- $1,096,012
- Other income
- $440,317
Expenses
- Grants and similar amounts paid
- $2,237,721
- Compensation of officers, directors and key employees
- $79,500
- Disbursements for charitable purposes
- $2,323,208
- Excise tax on investment income
- $24,813
Balance sheet and other
- Total assets, start of year
- $18,061,765
- Total assets, end of year
- $17,478,649
- Total liabilities, end of year
- $0
- Net assets, end of year
- $17,478,649
- Fair market value of assets
- $37,012,520
- Qualifying distributions
- $2,323,208
- Net investment income
- $2,141,513
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 |
|---|---|---|---|
| K Elizabeth Yeager 2304 Mdwstrn Pkwy Suite 200, Wichita Falls, TX 76308 | President | 40 | $37,500 |
| Kathryn P Yeager 2304 Mdwstrn Pkwy Suite 200, Wichita Falls, TX 76308 | Past President | 10 | $20,000 |
| Charlotte P Philbin 2304 Mdwstrn Pkwy Suite 200, Wichita Falls, TX 76308 | V-President | 10 | $6,000 |
| James P Prothro 2304 Mdwstrn Pkwy Suite 200, Wichita Falls, TX 76308 | Director | 10 | $6,000 |
| Kathryn R Prothro 2304 Mdwstrn Pkwy Suite 200, Wichita Falls, TX 76308 | Director | 10 | $6,000 |
| Cindy James 2304 Mdwstrn Pkwy Suite 200, Wichita Falls, TX 76308 | Secretary | 10 | $2,000 |
| Lara Herreid 2304 Mdwstrn Pkwy Suite 200, Wichita Falls, TX 76308 | Director | 10 | $2,000 |
| David H Prothro 2304 Mdwstrn Pkwy Suite 200, Wichita Falls, TX 76308 | Treasurer | 10 | $0 |
990-PF for the year ended December 31, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kathryn P Yeager 2304 Mdwstrn Pkwy Suite 200, Wichita Falls, TX 76308 | President | 40 | $48,000 |
| K Elizabeth Yeager 2304 Mdwstrn Pkwy Suite 200, Wichita Falls, TX 76308 | V-President/Secretary | 10 | $16,000 |
| Charlotte P Philbin 2304 Mdwstrn Pkwy Suite 200, Wichita Falls, TX 76308 | V-President | 10 | $6,000 |
| James P Prothro 2304 Mdwstrn Pkwy Suite 200, Wichita Falls, TX 76308 | Director | 10 | $6,000 |
| Kathryn R Prothro 2304 Mdwstrn Pkwy Suite 200, Wichita Falls, TX 76308 | Director | 10 | $6,000 |
| David H Prothro 2304 Mdwstrn Pkwy Suite 200, Wichita Falls, TX 76308 | Treasurer | 10 | $0 |
990-PF for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kathryn P Yeager 2304 Mdwstrn Pkwy Suite 200, Wichita Falls, TX 76308 | President | 40 | $48,000 |
| K Elizabeth Yeager 2304 Mdwstrn Pkwy Suite 200, Wichita Falls, TX 76308 | V-President/Secretary | 10 | $16,000 |
| Charlotte P Philbin 2304 Mdwstrn Pkwy Suite 200, Wichita Falls, TX 76308 | Director | 10 | $6,000 |
| Mark H Prothro 2304 Mdwstrn Pkwy Suite 200, Wichita Falls, TX 76308 | V-President/Treasurer | 10 | $0 |
| David H Prothro 2304 Mdwstrn Pkwy Suite 200, Wichita Falls, TX 76308 | Director | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 2304 MIDWESTERN PKWY STE 200, WICHITA FALLS, TX 76308-2334
- Signed the 990-PF
- K Elizabeth Yeager, President
- Phone
- (940) 691-7770
- Return prepared by
- Freemon Shapard & Story
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
- 75-1247407
- 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
- 1967
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $17,478,649
- Income (IRS master file)
- $5,667,290
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $2,173,860 | $2,756,976 | $17,478,649 | XML |
| 990-T | December 2025 | – | – | – | IRS |
| 990-PF | December 2024 | $3,476,701 | $2,610,240 | $18,061,765 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $2,785,529 | $3,040,368 | $17,195,304 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | 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 PERKINS-PROTHRO FOUNDATION
- What is the EIN of PERKINS-PROTHRO FOUNDATION?
- The employer identification number (EIN) of PERKINS-PROTHRO FOUNDATION is 75-1247407.
- Is PERKINS-PROTHRO FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1967.
- Are donations to PERKINS-PROTHRO FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does PERKINS-PROTHRO FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of PERKINS-PROTHRO 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 PERKINS-PROTHRO 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 PERKINS-PROTHRO FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 8 people; 7 received compensation from the organization, the highest $37,500 (K Elizabeth Yeager, President).
- How much revenue does PERKINS-PROTHRO FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $2,173,860, expenses of $2,756,976 and total assets of $17,478,649 at year end.
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