Nonprofit · EIN 75-2739180
THE MILES FOUNDATION INC
Tax-exempt · FORT WORTH, TX 76109
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $3,267,568 | $4,986,173 | -$1,718,605 | $65,915,747 | $5,615,153 | $60,300,594 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $923,359
- Net rental income
- $45,426
- Net gain from sales of assets
- $751,435
- Other income
- $1,454,191
Expenses
- Grants and similar amounts paid
- $2,478,750
- Compensation of officers, directors and key employees
- $374,244
- Salaries, compensation and benefits (total)
- $467,352
- Disbursements for charitable purposes
- $3,703,934
- Excise tax on investment income
- $29,970
Balance sheet and other
- Total assets, start of year
- $67,314,378
- Total assets, end of year
- $65,915,747
- Total liabilities, end of year
- $5,615,153
- Net assets, end of year
- $60,300,594
- Fair market value of assets
- $67,864,787
- Qualifying distributions
- $3,703,934
- Net investment income
- $3,267,568
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 | Other / benefits |
|---|---|---|---|---|
| CHRISTOPHER G COATES 5049 EDWARDS RANCH ROAD SUITE 280, FORT WORTH, TX 76109 | CEO/DIRECTOR | 40 | $283,010 | $41,234 |
| SARA J REDINGTON 5049 EDWARDS RANCH ROAD SUITE 280, FORT WORTH, TX 76109 | CHIEF PHILANTHROPY O Highest-paid employee | 40 | $213,966 | $36,263 |
| PEYTON G JOHNIGAN 5049 EDWARDS RANCH ROAD SUITE 280, FORT WORTH, TX 76109 | FINANCIAL ANALYST Highest-paid employee | 40 | $113,108 | $38,435 |
| MATTIE J PARKER 5049 EDWARDS RANCH ROAD SUITE 280, FORT WORTH, TX 76109 | EDUATION POLICY SPEC Highest-paid employee | 15 | $60,000 | $0 |
| BETHANY B MAXWELL 5049 EDWARDS RANCH ROAD SUITE 280, FORT WORTH, TX 76109 | OFFICE ADMINISTRATOR Highest-paid employee | 40 | $51,278 | $10,097 |
| JACK L BURDETT 5049 EDWARDS RANCH ROAD SUITE 280, FORT WORTH, TX 76109 | CHAIRMAN | 5 | $25,000 | $0 |
| SHERRY A WILSON 5049 EDWARDS RANCH ROAD SUITE 280, FORT WORTH, TX 76109 | DIRECTOR | 5 | $25,000 | $0 |
Address and contacts
- Address (IRS master file)
- 5049 EDWARDS RANCH RD STE 280, FORT WORTH, TX 76109-4134
- Signed the 990-PF
- GRANT COATES, PRESIDENT
- Phone
- (817) 293-5555
- Return prepared by
- WHITLEY PENN LLP
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
- 75-2739180
- 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
- 2000
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $65,915,747
- Income (IRS master file)
- $3,854,525
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | – | – | – | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $7,821,502 | $4,852,928 | $67,314,378 | IRS |
| 990-T | December 2023 | – | – | – | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990-PF | December 2019 | – | – | – | 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 THE MILES FOUNDATION INC
- What is the EIN of THE MILES FOUNDATION INC?
- The employer identification number (EIN) of THE MILES FOUNDATION INC is 75-2739180.
- Is THE MILES FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to THE MILES FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does THE MILES FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of THE MILES FOUNDATION INC 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 THE MILES FOUNDATION INC 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 THE MILES FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 7 people; 7 received compensation from the organization, the highest $283,010 (CHRISTOPHER G COATES, CEO/DIRECTOR).
- How much revenue does THE MILES FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $3,267,568, expenses of $4,986,173 and total assets of $65,915,747 at year end.
Other nonprofits in FORT WORTH
- COMMUNITY FOUNDATION OF NORTH TEXAS EIN 75-2267767 · last filed 990 for 2024
- UNITED WAY OF TARRANT COUNTY EIN 75-0858360 · last filed 990 for 2025
- THE JEWISH FEDERATION OF FORT WORTH AND TARRANT COUNTY EIN 75-0808797 · last filed 990 for 2025
- JPS FOUNDATION EIN 75-2717782 · last filed 990 for 2025
- AMERICAN AIRLINES FAMILY FUND INC EIN 75-2855813 · last filed 990 for 2024
- TARRANT COUNTY COLLEGE FOUNDATION EIN 75-2277475 · last filed 990 for 2025
- GARY PATTERSON FOUNDATION EIN 27-0025657 · last filed 990 for 2025
- ST AUGUSTINE TRUST EIN 93-1874064 · last filed 990 for 2024
All nonprofits in FORT WORTH · Texas · Philanthropy, voluntarism and grantmaking foundations