Nonprofit · EIN 75-2281974
SPEARHEAD CORPORATION
Tax-exempt · SPEARMAN, TX 79081
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $154,090 | $217,126 | -$63,036 | $896,406 | $4,664 | $891,742 |
| December 31, 2023 | 990 | $175,015 | $219,779 | -$44,764 | $954,545 | $4,787 | $949,758 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $94,087
- Program service revenue
- $17,608
- Investment income
- $8,080
- Net rental income
- $10,220
- Net gain from sales of assets
- -$778
- Net income from fundraising events
- $13,450
- Other revenue
- $34,315
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $53,844
- Other salaries and wages
- $49,055
- Salaries, compensation and benefits (total)
- $110,903
- Professional fundraising fees
- $0
- Accounting fees
- $5,805
- Occupancy
- $26,572
- Depreciation
- $45,695
- Program services (functional)
- $174,248
- Management and general (functional)
- $31,354
- Fundraising (functional)
- $11,524
Balance sheet and other
- Total assets, start of year
- $954,545
- Total assets, end of year
- $896,406
- Total liabilities, end of year
- $4,664
- Net assets, end of year
- $891,742
- Land, buildings and equipment
- $483,431
- Net assets without donor restrictions
- $891,742
- Gross receipts
- $182,747
- Employees
- 14
- Volunteers
- 90
- Year formed
- 1989
- 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 |
|---|---|---|---|
| KEILEE GOODHEART | EXECUTIVE DI Officer | 40 | $53,844 |
| MISSIE BATES | DIRECTOR Trustee or director | – | $0 |
| KATE DAVIS | DIRECTOR Trustee or director | – | $0 |
| ELISHA DE HANN | DIRECTOR Trustee or director | – | $0 |
| JAYLI HUGHES | TREASURER Trustee or director | – | $0 |
| SAMMIE HARKLE | DIRECTOR Trustee or director | – | $0 |
| HANNAH MCGARRAUGH | DIRECTOR Trustee or director | – | $0 |
| JUSTIN PARKER | PRESIDENT Trustee or director | – | $0 |
| JACKIE PEARSON | EXECUTIVE CO Trustee or director | – | $0 |
| TINDLE RAMON | DIRECTOR Trustee or director | – | $0 |
| PATTI SCHNELL | EXECUTIVE CO Trustee or director | – | $0 |
| ANGIE SONNENBERG | SECRETARY Trustee or director | – | $0 |
990 for the year ended December 31, 2023: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KEILEE GOODHEART | EXECUTIVE DI Officer | 35 | $51,106 |
| CARI BEAUCHAMP | DIRECTOR Trustee or director | 2 | $0 |
| ASHLYN GROTEGUT | DIRECTOR Trustee or director | 2 | $0 |
| SAMMIE HARKEY | DIRECTOR Trustee or director | 2 | $0 |
| JAYLI HUGHES | DIRECTOR Trustee or director | 2 | $0 |
| TIMBER LOMELI | DIRECTOR Trustee or director | 2 | $0 |
| MANNY MENDOZA | DIRECTOR Trustee or director | 2 | $0 |
| JUSTIN PARKER | DIRECTOR Trustee or director | 2 | $0 |
| ANDREW PARSLEY | TREASURER Trustee or director | 2 | $0 |
| JACKIE PEARSON | EXECUTIVE CO Trustee or director | 2 | $0 |
| SUSAN PEARSON | DIRECTOR Trustee or director | 2 | $0 |
| TINDLE RAMON | CORP. PRESID Trustee or director | 2 | $0 |
| PATTI SCHNELL | EXECUTIVE CO Trustee or director | 2 | $0 |
| VERNA LEE SHIRLEY | EXECUTIVE AM Trustee or director | 2 | $0 |
| ANGIE SONNENBERG | SECRETARY Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 733, SPEARMAN, TX 79081-0733
- Principal officer (990 for 2024)
- KEILEE GOODHEART, PO BOX 733, SPEARMAN, TX 79081
- Signed the 990
- KEILEE GOODHEART, EXECUTIVE DIRECTOR
- Phone
- (806) 659-3030
- Return prepared by
- CONDER KLETCHKA & ASSOCIATES PLLC
Mission
THE O'LOUGHLIN CENTER'S MISSION IS TO PROVIDE A QUALITY FACILITY AND BROAD-BASED PROGRAMMING TO SERVE ALL OF THE CITIZENS OF THE SURROUNDING AREA IN A MANNER WHICH ENHANCES THEIR QUALITY OF LIFE. THROUGH VISIONARY AND ACTIVE LEADERSHIP THE BOARD WILL ESTABLISH POLICIES AND PROCEDURES THAT PROVIDE LONG-TERM FINANCIAL SECURITY FOR ORGANIZATION.
Program accomplishments
- SPEARHEAD CORPORATION WAS FORMED TO BUILD AND OPERATE A COMMUNITY CENTER FOR THE CITY OF SPEARMAN, TEXAS. THE COMMUNITY CENTER CONTAINS A GYM, MEETING ROOMS AND KITCHEN THAT ARE USED BY YOUTH, ADULT AND SENIOR CITIZEN GROUPS. PERSONS SERVED APPROXIMATELY 50,000 IN THE COMMUNITY AND IN EXCESS OF 2,100 DIRECT WITHIN PROGRAMS OF THE CENTER .Expenses $174,248 · revenue $17,608
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
- 75-2281974
- 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
- 1990
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N31I)
- Assets (IRS master file)
- $896,406
- Income (IRS master file)
- $182,747
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $154,090 | $217,126 | $896,406 | XML |
| 990 | December 2023 | $175,015 | $219,779 | $954,545 | XML |
| 990 | December 2022 | $172,384 | $243,885 | $990,709 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 75-2281974).
Questions about SPEARHEAD CORPORATION
- What is the EIN of SPEARHEAD CORPORATION?
- The employer identification number (EIN) of SPEARHEAD CORPORATION is 75-2281974.
- Is SPEARHEAD CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
- Are donations to SPEARHEAD CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SPEARHEAD CORPORATION 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 SPEARHEAD CORPORATION 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 SPEARHEAD CORPORATION 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 SPEARHEAD CORPORATION?
- The 990 for the year ended December 31, 2024 names KEILEE GOODHEART.
- Who are the officers and directors of SPEARHEAD CORPORATION?
- The 990 for the year ended December 31, 2024 lists 12 people; 1 received compensation from the organization, the highest $53,844 (KEILEE GOODHEART, EXECUTIVE DI).
- How much revenue does SPEARHEAD CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $154,090, expenses of $217,126 and total assets of $896,406 at year end.
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- HANSFORD COUNTY STOCK SHOW ASSOCIATION EIN 84-4001341 · last filed 990 for 2025
- IKE FUND INC EIN 88-1348531 · last filed 990 for 2025
- HANSFORD COUNTY LIBRARY EIN 75-6036759 · last filed 990 for 2025
- DAX FOUNDATION INC EIN 88-1029286 · last filed 990-EZ for 2025
- HANSFORD COUNTY FARM BUREAU INC EIN 75-0873892 · last filed 990-EZ for 2025
- SPEARMAN SCHOLARSHIP FOUNDATION EIN 84-4273830 · last filed 990-EZ for 2026
- MUTT HUTT RESCUE INC EIN 35-2620743 · last filed 990-PF for 2025