Nonprofit · EIN 75-2710712
KLN FOUNDATION
Tax-exempt · SOUTHLAKE, TX 76092
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $136,052 | $105,927 | $30,125 | $814,437 | $0 | $814,437 |
| December 31, 2023 | 990-PF | $102,654 | $95,393 | $7,261 | $872,025 | $0 | $872,025 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Dividends
- $29,159
- Net rental income
- -$1,304
- Net gain from sales of assets
- $92,505
- Other income
- $14,388
Expenses
- Grants and similar amounts paid
- $68,000
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $68,000
- Excise tax on investment income
- $1,345
Balance sheet and other
- Total assets, start of year
- $872,025
- Total assets, end of year
- $814,437
- Total liabilities, end of year
- $0
- Net assets, end of year
- $814,437
- Fair market value of assets
- $1,213,456
- Qualifying distributions
- $68,000
- Net investment income
- $134,686
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 |
|---|---|---|---|
| KAREN L NEUSTADT 819 INDEPENDENCE PARKWAY, SOUTHLAKE, TX 76092 | PRESIDENT | 0 | $0 |
| DONALD H NEUSTADT 819 INDEPENDENCE PARKWAY, SOUTHLAKE, TX 76092 | TREASURER | 0 | $0 |
| KRISTIN FAY INGALLS 5227 111th LN NE, KIRKLAND, WA 98033 | SECRETARY | 0 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KAREN L NEUSTADT 819 Independence Parkway, Southlake, TX 76092 | PRESIDENT | 0 | $0 |
| DONALD H NEUSTADT 819 Independence Parkway, Southlake, TX 76092 | TREASURER | 0 | $0 |
| KRISTIN FAY INGALLS 5227 111th LN NE, KIRKLAND, WA 98033 | SECRETARY | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 819 INDEPENDENCE PKWY, SOUTHLAKE, TX 76092-1709
- In care of
- % DONALD NEUSTADT
- Signed the 990-PF
- DON NEUSTADT, TREASURER
- Return prepared by
- PARATUS FINANCIAL INC
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
- 75-2710712
- 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
- 1997
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22Z)
- Assets (IRS master file)
- $814,437
- Income (IRS master file)
- $138,315
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $136,052 | $105,927 | $814,437 | XML |
| 990-PF | December 2023 | $102,654 | $95,393 | $872,025 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 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 KLN FOUNDATION
- What is the EIN of KLN FOUNDATION?
- The employer identification number (EIN) of KLN FOUNDATION is 75-2710712.
- Is KLN FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
- Are donations to KLN FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does KLN FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of KLN 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 KLN 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 KLN FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does KLN FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $136,052, expenses of $105,927 and total assets of $814,437 at year end.
Other nonprofits in SOUTHLAKE
- LIBERTY PIER FOUNDATION EIN 32-0825300 · last filed 990-PF for 2025
- 2025 FUND EIN 33-4624461 · last filed 990-PF for 2025
- LIVING STONES FOUNDATION CHARITABLE TR EIN 52-7038921 · last filed 990 for 2024
- LIVING ROCK FOUNDATION EIN 45-1656663 · last filed 990-PF for 2024
- SAAAKS FOUNDATION INC EIN 84-2826644 · last filed 990-PF for 2025
- PRO PLAYERS FOUNDATION INC EIN 20-8716366 · last filed 990 for 2024
- JOHN AND PATRICIA ADAMS FOUNDATION EIN 20-4480039 · last filed 990-PF for 2024
- PISANI FAMILY FOUNDATION EIN 27-4399564 · last filed 990-PF for 2025
All nonprofits in SOUTHLAKE · Texas · Philanthropy, voluntarism and grantmaking foundations