Nonprofit · EIN 75-2384754
LEOTA STEED FOUNDATION
Tax-exempt · WICHITA FALLS, TX 76308
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $420,010 | $339,275 | $80,735 | $3,075,341 | $0 | $3,075,341 |
| December 31, 2023 | 990-PF | $280,697 | $330,201 | -$49,504 | $2,994,606 | $0 | $2,994,606 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $90,841
- Interest
- $36,551
- Net gain from sales of assets
- $292,515
- Other income
- $103
Expenses
- Grants and similar amounts paid
- $261,735
- Compensation of officers, directors and key employees
- $4,000
- Disbursements for charitable purposes
- $261,735
- Excise tax on investment income
- $5,762
Balance sheet and other
- Total assets, start of year
- $2,994,606
- Total assets, end of year
- $3,075,341
- Total liabilities, end of year
- $0
- Net assets, end of year
- $3,075,341
- Fair market value of assets
- $6,365,928
- Qualifying distributions
- $261,735
- Net investment income
- $420,010
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DONALD J HUPP 2304 MIDWESTERN PKWY STE 206, WICHITA FALLS, TX 76308 | SEC/TREAS/TRUSTEE | 0.25 | $4,000 |
| MARILYN STEED STAFFORD 8 WAVERLY PLACE, WICHITA FALLS, TX 76308 | PRESIDENT/TRUSTEE | 0.12 | $0 |
| ROBERT W GOFF JR 2301 KEMP BLVD, WICHITA FALLS, TX 76308 | VICE PRESIDENT/TRUSTEE | 0 | $0 |
| KIMBERLY MILLER 2304 MIDWESTERN PKWY STE 206, WICHITA FALLS, TX 76308 | TRUSTEE | 0 | $0 |
990-PF for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DONALD J HUPP 2304 MIDWESTERN PKWY STE 206, WICHITA FALLS, TX 76308 | SEC/TREAS/TRUSTEE | 0.25 | $4,000 |
| MARILYN STEED STAFFORD 8 WAVERLY PLACE, WICHITA FALLS, TX 76308 | PRESIDENT/TRUSTEE | 0.12 | $0 |
| ROBERT W GOFF JR 2301 KEMP BLVD, WICHITA FALLS, TX 76308 | VICE PRESIDENT/TRUSTEE | 0 | $0 |
| KIMBERLY MILLER 2304 MIDWESTERN PKWY STE 206, WICHITA FALLS, TX 76308 | TRUSTEE | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 2304 MIDWESTERN PKWY STE 206, WICHITA FALLS, TX 76308-2334
- Signed the 990-PF
- DONALD J HUPP, SECRETARY/TREASURER
- Phone
- (940) 500-4470
- Return prepared by
- HENDERSON & HUPP PC
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 | Not 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
- 75-2384754
- 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
- 1993
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $3,075,341
- Income (IRS master file)
- $1,092,682
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $420,010 | $339,275 | $3,075,341 | XML |
| 990-PF | December 2023 | $280,697 | $330,201 | $2,994,606 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-T | 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 LEOTA STEED FOUNDATION
- What is the EIN of LEOTA STEED FOUNDATION?
- The employer identification number (EIN) of LEOTA STEED FOUNDATION is 75-2384754.
- Is LEOTA STEED FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
- Are donations to LEOTA STEED FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does LEOTA STEED FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of LEOTA STEED 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 LEOTA STEED FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of LEOTA STEED FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 4 people; 1 received compensation from the organization, the highest $4,000 (DONALD J HUPP, SEC/TREAS/TRUSTEE).
- How much revenue does LEOTA STEED FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $420,010, expenses of $339,275 and total assets of $3,075,341 at year end.
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