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Nonprofit · EIN 75-2777989

BROWNWOOD FOUNDATION FOR EXCELLENCE

Tax-exempt · BROWNWOOD, TX 76801

Financials

$110K$107K2023$193K$168K2024
Revenue Expenses · by fiscal year end
Financials of BROWNWOOD FOUNDATION FOR EXCELLENCE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$192,626$167,562$25,064$178,894–$178,894
December 31, 2023990-EZ$109,957$106,617$3,340$153,831–$153,831
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$192,245
Program service revenue
$0
Investment income
$381

Expenses

Compensation of officers, directors and key employees
$0
Occupancy
$1,950
Other expenses
$165,612
Program services (functional)
$56,679

Balance sheet and other

Total assets, start of year
$153,830
Total assets, end of year
$178,894
Total liabilities, end of year
–
Net assets, end of year
$178,894
Cash, savings and investments
$178,894
Gross receipts
$192,626

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-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
LYNETTE OINESMEMBER3$0
CHRIS BROWNMEMBER3$0
GLENDA LEMKEMEMBER3$0
ERIC EVANSVICE PRESIDENT3$0
MATT NOEPRES-QBC3$0
GREG HATLESTADMEMBER3$0
ROY BYRDMEMBER3$0
SAM STEWARDSONPRESIDENT10$0
BRAD WELLSMEMBER3$0
DR JOE YOUNGMEMBER3$0
JASON COALSONVP-QBC3$0
JASON GRAYTREAS-QBC3$0
RILEY CASONSEC-QBC3$0
JENNY WALDROPMEMBER3$0
DRACO MILLERMEMBER3$0
990-EZ for the year ended December 31, 2023: 17 people
NameTitleHours / weekCompensation
LYNETTE OINESMEMBER3$0
CHRIS BROWNMEMBER3$0
EMILY CRAWFORDMEMBER3$0
ERIC EVANSVICE PRESIDENT3$0
GREG HATLESTADMEMBER3$0
ROY BYRDMEMBER3$0
SAM STEWARDSONPRESIDENT10$0
BRAD WELLSMEMBER3$0
DR JOE YOUNGMEMBER3$0
BART JOHNSONMEMBER0.5$0
BRAD JETTONMEMBER0.5$0
MARK BESSENTMEMBER0.5$0
JAY CLARKMEMBER0.5$0
JENNY WALDROPMEMBER3$0
DRACO MILLERMEMBER3$0
LIESA LANDEX-OFFICIO MEMBER0.5$0
LARRY MATHISEX-OFFICIO MEMBER0.5$0

Address and contacts

Address (IRS master file)
2707 4TH ST, BROWNWOOD, TX 76801-6148
In care of
% JULIA TAYLOR CPA
Mailing address (990-N for 2016)
4651 Highway 377 S, Brownwood TX 76801
Principal officer (990-N for 2016)
Priscilla Monson, 2707 Southside Drive, Brownwood TX 76801
Signed the 990-EZ
SAM STEWARDSON, PRESIDENT
Phone
(325) 643-5644
Return prepared by
MARK T BESSENT ATTORNEY AT LAW

Mission

PROVIDE GRANTS FOR EDUCATIONAL PURPOSES TO EDUCATORS AND SCHOLARSHIPS TO STUDENTS

990-EZ for the year ended December 31, 2024

Program accomplishments

  • PROVIDES STAFF AND FACULTY RECOGNITIION
    Expenses $28,275 · grants $27,400
  • PROVIDES VARIOUS OTHER EDUCATIONAL GRANTS AND SCHOLARSHIPS
    Expenses $19,404 · grants $19,404
  • PROVIDES STEM INITIATIVE GRANTS
    Expenses $9,000 · grants $9,000

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-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
75-2777989
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
1999
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$178,894
Income (IRS master file)
$192,626

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$192,626$167,562$178,894IRS
990-EZDecember 2023$109,957$106,617$153,831XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––IRS
990-EZDecember 2018–––IRS
990-N for 2016
Officer: Priscilla Monson
December 31, 2016≤ $50,000 receipts––e-Postcard

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 75-2777989).

Questions about BROWNWOOD FOUNDATION FOR EXCELLENCE

What is the EIN of BROWNWOOD FOUNDATION FOR EXCELLENCE?
The employer identification number (EIN) of BROWNWOOD FOUNDATION FOR EXCELLENCE is 75-2777989.
Is BROWNWOOD FOUNDATION FOR EXCELLENCE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
Are donations to BROWNWOOD FOUNDATION FOR EXCELLENCE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BROWNWOOD FOUNDATION FOR EXCELLENCE 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 BROWNWOOD FOUNDATION FOR EXCELLENCE 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 BROWNWOOD FOUNDATION FOR EXCELLENCE last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who is the principal officer of BROWNWOOD FOUNDATION FOR EXCELLENCE?
The 990-N for 2016 names Priscilla Monson.
Who are the officers and directors of BROWNWOOD FOUNDATION FOR EXCELLENCE?
The 990-EZ for the year ended December 31, 2024 lists 15 people; 0 received compensation from the organization.
How much revenue does BROWNWOOD FOUNDATION FOR EXCELLENCE have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $192,626, expenses of $167,562 and total assets of $178,894 at year end.

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