Nonprofit · EIN 75-2743357
PATEL FAMILY CHARITABLE TRUST
Tax-exempt · VERNON, TX 76385
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $12,552 | $8,754 | $3,798 | $104,983 | $0 | $104,983 |
| December 31, 2024 | 990-PF | $7,974 | $8,910 | -$936 | $101,185 | $0 | $101,185 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $2,943
- Net gain from sales of assets
- $9,609
Expenses
- Grants and similar amounts paid
- $5,709
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $5,709
- Excise tax on investment income
- $132
Balance sheet and other
- Total assets, start of year
- $101,185
- Total assets, end of year
- $104,983
- Total liabilities, end of year
- $0
- Net assets, end of year
- $104,983
- Fair market value of assets
- $129,354
- Qualifying distributions
- $5,709
- Net investment income
- $12,552
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Albert Ragland 4730 College Dr, Vernon, TX 76384 | Chairman/Trustee | 0 | $0 |
990-PF for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| James E Smith 4503 Kelly, Vernon, TX 76384 | Chairman/Trustee | 0 | $0 |
| Albert Ragland 4730 College Dr, Vernon, TX 76384 | Successor Chairman/Trustee | 0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 2231, VERNON, TX 76385-2231
- In care of
- % JAMES E SMITH
- Signed the 990-PF
- Albert Ragland, Chairman/Trustee
- Phone
- (940) 552-9901
- Return prepared by
- Meyers Marsh & Mannon CPAs PLLC
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 | 990-PF 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
- 75-2743357
- 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
- 1998
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Education (B82Z)
- Assets (IRS master file)
- $104,983
- Income (IRS master file)
- $26,422
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | – | – | – | IRS |
| 990-PF | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $3,474 | $8,239 | $102,121 | IRS |
| 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 PATEL FAMILY CHARITABLE TRUST
- What is the EIN of PATEL FAMILY CHARITABLE TRUST?
- The employer identification number (EIN) of PATEL FAMILY CHARITABLE TRUST is 75-2743357.
- Is PATEL FAMILY CHARITABLE TRUST tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to PATEL FAMILY CHARITABLE TRUST tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does PATEL FAMILY CHARITABLE TRUST file?
- Form 990-PF. Private foundations file every year.
- When is the next return of PATEL FAMILY CHARITABLE TRUST due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PATEL FAMILY CHARITABLE TRUST last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of PATEL FAMILY CHARITABLE TRUST?
- The 990-PF for the year ended December 31, 2025 lists 1 person; 0 received compensation from the organization.
- How much revenue does PATEL FAMILY CHARITABLE TRUST have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $12,552, expenses of $8,754 and total assets of $104,983 at year end.
Other nonprofits in VERNON
- CAYCE LYNN HARDCASTLE MEMORIAL SCHOLARSHIP FUND EIN 20-0602645 · last filed 990-N for 2025
- NORTHSIDE ISD ATHLETIC BOOSTER CLUB EIN 93-3032760 · last filed 990-N for 2025
- D M ROBB CHARITABLE TRUST 593-74008 EIN 31-1591658 · last filed 990-PF for 2025
- BOYS AND GIRLS CLUB OF VERNON TEXAS ENDOWMENT FUND INC EIN 61-1449250 · last filed 990 for 2025
- BOYS AND GIRLS CLUB OF VERNON INC EIN 75-1052556 · last filed 990 for 2024
- RED RIVER VALLEY MUSEUM EIN 75-6043089 · last filed 990 for 2025
- VERNON REGIONAL JUNIOR COLLEGE FOUNDATION INC EIN 75-2045268 · last filed 990 for 2025
- WILBARGER COUNTY JUNIOR LIVESTOCK SHOW ASSOCIATION EIN 92-1262469 · last filed 990 for 2024