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Nonprofit · EIN 75-2697538

OIL PATCH KIDS

Tax-exempt (reinstated) · MIDLAND, TX 79707

Financials

$247K$252K2021$305K$229K2023$290K$318K2024
Revenue Expenses · by fiscal year end
Financials of OIL PATCH KIDS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$289,731$317,950-$28,219$144,744$0$144,744
December 31, 2023990$305,333$228,886$76,447$172,963$0$172,963
December 31, 2021990$246,854$251,735-$4,881$164,963$0$164,963
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$0
Net income from fundraising events
$289,731
Other revenue
$289,731

Expenses

Grants and similar amounts paid
$232,000
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$7,775
Program services (functional)
$291,134
Management and general (functional)
$26,816

Balance sheet and other

Total assets, start of year
$172,963
Total assets, end of year
$144,744
Total liabilities, end of year
$0
Net assets, end of year
$144,744
Net assets without donor restrictions
$144,744
Gross receipts
$690,358
Employees
0
Volunteers
30
Year formed
1994
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.

NameTitleHours / weekCompensation
ROBERT BOOTHPresident
Trustee or director, Officer
5$0
DOUG MCQUITTY1ST VICE PRES
Trustee or director, Officer
5$0
BRETT KEITGES2ND VICE PRES
Trustee or director, Officer
5$0
KENNY KRAWIETZ3RD VICE PRES
Trustee or director, Officer
5$0
KALYN MINNIXSecretary
Trustee or director, Officer
5$0
KATHY CARPENTERTreasurer
Trustee or director, Officer
5$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
ROBERT BOOTHPresident
Trustee or director, Officer
5$0
DOUG MCQUITTY1ST VICE PRES
Trustee or director, Officer
5$0
BRETT KEITGES2ND VICE PRES
Trustee or director, Officer
5$0
KENNY KRAWIETZ3RD VICE PRES
Trustee or director, Officer
5$0
KALYN MINNIXSecretary
Trustee or director, Officer
5$0
KATHY CARPENTERTreasurer
Trustee or director, Officer
5$0
990 for the year ended December 31, 2021: 10 people
NameTitleHours / weekCompensation
Robert BoothPresident
Officer
5$0
Kenny Krawietz3rd Vice Pres
Officer
5$0
Ronnie BurnettCounsel Advisor
Officer
5$0
Susan McHughesCounsel Advisor
Officer
5$0
Glena TharpMedia Advisor
Officer
5$0
Scott WilliamsCounsel Advisor
Officer
5$0
Brett Keitges1st Vice Pres
Officer
5$0
Jimmy Holcomb2nd Vice Pres
Officer
5$0
Kalyn MinnixSecretary
Officer
5$0
Kathy CarpenterTreasurer
Officer
5$0

Address and contacts

Address (IRS master file)
6406 SEQUOIA DR, MIDLAND, TX 79707-1548
Mailing address (990-N for 2018)
2500 Haynes Ave, Midland TX 79705
Principal officer (990 for 2024)
ROBERT BOOTH, 6406 SEQUOIA DR, MIDLAND, TX 79707
Principal officer (990-N for 2018)
Lori A Garcia, 2809 Parton Way, Midland TX 79705
Signed the 990
KATHY CARPENTER, Treasurer
Phone
(432) 208-6214
Return prepared by
C Marc Martin CPA

Mission

TO FOSTER AND SUPPORT CHILDREN OF THE PERMIAN BASIN

990 for the year ended December 31, 2024

Program accomplishments

  • PROCEEDS FROM FUNDRAISERS ARE DONATED TO SUPPORT FOSTER CHILDREN OR CHILD ORIENTED ORGANIZATIONS WITHIN THE PERMIAN BASIN.
    Expenses $291,134

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
75-2697538
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
2023
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$144,744
Income (IRS master file)
$690,358

Revocation and reinstatement

Exemption revoked
May 15, 2022
Posted by the IRS
February 15, 2023
Reinstated
Effective May 15, 2022

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$289,731$317,950$144,744XML
990December 2023$305,333$228,886$172,963XML
990December 2021$246,854$251,735$164,963XML
990-N for 2018
Officer: Lori A Garcia
December 31, 2018≤ $50,000 receipts––e-Postcard
990December 2018–––IRS
990December 2017–––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 75-2697538).

Questions about OIL PATCH KIDS

What is the EIN of OIL PATCH KIDS?
The employer identification number (EIN) of OIL PATCH KIDS is 75-2697538.
Is OIL PATCH KIDS tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2022 and reinstated it effective May 15, 2022.
Are donations to OIL PATCH KIDS tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does OIL PATCH KIDS 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 OIL PATCH KIDS 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 OIL PATCH KIDS 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 OIL PATCH KIDS?
The 990 for the year ended December 31, 2024 names ROBERT BOOTH.
Who are the officers and directors of OIL PATCH KIDS?
The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does OIL PATCH KIDS have?
On its 990 for the year ended December 31, 2024 it reported revenue of $289,731, expenses of $317,950 and total assets of $144,744 at year end.

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