Nonprofit · EIN 75-2849153
TALITHA KOUM INSTITUTE
Tax-exempt · WACO, TX 76706
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,105,983 | $1,183,443 | -$77,460 | $1,514,510 | $79,820 | $1,434,690 |
| December 31, 2023 | 990 | $1,746,394 | $1,110,926 | $635,468 | $1,541,443 | $34,016 | $1,507,427 |
| December 31, 2022 | 990 | $881,536 | $925,552 | -$44,016 | $901,334 | $32,799 | $868,535 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,110,878
- of which government grants
- $38,689
- Program service revenue
- $0
- Investment income
- $2,951
- Net income from fundraising events
- -$33,048
- Other revenue
- -$7,846
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $698,056
- Salaries, compensation and benefits (total)
- $750,094
- Professional fundraising fees
- $60,150
- Accounting fees
- $14,836
- Depreciation
- $30,208
- Program services (functional)
- $732,552
- Management and general (functional)
- $223,530
- Fundraising (functional)
- $227,361
Balance sheet and other
- Total assets, start of year
- $1,541,443
- Total assets, end of year
- $1,514,510
- Total liabilities, end of year
- $79,820
- Net assets, end of year
- $1,434,690
- Land, buildings and equipment
- $329,927
- Publicly traded securities
- $59,557
- Net assets without donor restrictions
- $629,622
- Net assets with donor restrictions
- $805,068
- Gross receipts
- $1,139,031
- Employees
- 30
- Volunteers
- 240
- Year formed
- 2000
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SUSAN COWLEY | EXECUTIVE DIRECTOR Officer | 40 | $69,608 |
| DONNA LOSAK | NURTURE CENTER DIRECTOR Officer | 40 | $57,878 |
| MARSHA MARTIE | COVENANT PARTNER Trustee or director | 5 | $0 |
| CLINT SAVAGE | COVENANT PARTNER/TREASURER Trustee or director, Officer | 5 | $0 |
| DR BRIANNA LEMMONS | COVENANT PARTNER Trustee or director | 5 | $0 |
| GEOFF NELSON | COVENANT PARTNER/CHAIR Trustee or director, Officer | 5 | $0 |
| SANDY MAREK | COVENANT PARTNER/SECRETARY Trustee or director, Officer | 5 | $0 |
| DR JEREMY RHODES | COVENANT PARTNER Trustee or director | 5 | $0 |
| DR BRADLEY LAIL | COVENANT PARTNER Trustee or director | 5 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SUSAN COWLEY | EXECUTIVE DIRECTOR Officer | 40 | $69,608 |
| DONNA LOSAK | NURTURE CENTER DIRECTOR Trustee or director, Officer | 40 | $54,963 |
| MARSHA MARTIE | COVENANT PARTNER Trustee or director | 5 | $0 |
| DESHAUNA HOLLIE | COVENANT PARTNER Trustee or director | 5 | $0 |
| CLINT SAVAGE | COVENANT PARTNER/TREASURER Trustee or director, Officer | 5 | $0 |
| DR BRIANNA LEMMONS | COVENANT PARTNER Trustee or director | 5 | $0 |
| GEOFF NELSON | COVENANT PARTNER/CHAIR Trustee or director, Officer | 5 | $0 |
| SANDY MAREK | COVENANT PARTNER/SECRETARY Trustee or director, Officer | 5 | $0 |
| DR JEREMY RHODES | COVENANT PARTNER Trustee or director | 5 | $0 |
| DR BRADLEY LAIL | COVENANT PARTNER Trustee or director | 5 | $0 |
990 for the year ended December 31, 2022: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SUSAN COWLEY | EXECUTIVE DIRECTOR Officer | 40 | $69,674 |
| MICHAEL BANKHEAD | COVENANT PARTNER/TREASURER Trustee or director, Officer | 5 | $0 |
| MARSHA MARTIE | COVENANT PARTNER Trustee or director | 5 | $0 |
| DESHAUNA HOLLIE | COVENANT PARTNER Trustee or director | 5 | $0 |
| CLINT SAVAGE | COVENANT PARTNER Trustee or director | 5 | $0 |
| DR BRIANNA LEMMONS | COVENANT PARTNER Trustee or director | 5 | $0 |
| GEOFF NELSON | COVENANT PARTNER/CHAIR Trustee or director, Officer | 5 | $0 |
| SANDY MAREK | COVENANT PARTNER/SECRETARY Trustee or director, Officer | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 1311 CLAY AVE, WACO, TX 76706-1726
- Principal officer (990 for 2024)
- SUSAN COWLEY, 1311 CLAY AVE, WACO, TX 76706
- Signed the 990
- SUSAN COWLEY, EXECUTIVE DIRECTOR
- Phone
- (254) 753-1144
- Website
- TALITHAKOUM.ORG
- Return prepared by
- JRBT PC
Mission
TO ASSIST WITH ALTERING THE TRAJECTORY OF FAMILIES MIRED IN MULTI-GENERATIONAL URBAN POVERTY IN WACO, TX.
Program accomplishments
- TALITHA KOUM'S NURTURE CENTER IS A TWO-GENERATION PROGRAM PROVIDING EARLY CHILDHOOD BRAIN DEVELOPMENT TO CHILDREN EXPERIENCING THE TOXIC STRESS OF DEEP POVERTY AND A FAMILY PARTNER PROGRAM FOR PARENT. THE MENTORING PROGRAM SUPPORTS CHIDREN AS THEY LEAVE FOR PUBLIC SCHOOL SENDING THEM OUT WITH A CARING ADULT WHO COMMITS TO THE CHILD FROM KINDERGARTEN TO COLLEGE.Expenses $732,552
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 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 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 75-2849153
- 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
- 2000
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S200)
- Assets (IRS master file)
- $1,514,510
- Income (IRS master file)
- $1,139,031
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,105,983 | $1,183,443 | $1,514,510 | IRS |
| 990 | December 2023 | $1,746,394 | $1,110,926 | $1,541,443 | XML |
| 990 | December 2022 | $881,536 | $925,552 | $901,334 | XML |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 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 75-2849153).
Questions about TALITHA KOUM INSTITUTE
- What is the EIN of TALITHA KOUM INSTITUTE?
- The employer identification number (EIN) of TALITHA KOUM INSTITUTE is 75-2849153.
- Is TALITHA KOUM INSTITUTE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to TALITHA KOUM INSTITUTE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TALITHA KOUM INSTITUTE 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 TALITHA KOUM INSTITUTE 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 TALITHA KOUM INSTITUTE 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 TALITHA KOUM INSTITUTE?
- The 990 for the year ended December 31, 2024 names SUSAN COWLEY.
- Who are the officers and directors of TALITHA KOUM INSTITUTE?
- The 990 for the year ended December 31, 2024 lists 9 people; 2 received compensation from the organization, the highest $69,608 (SUSAN COWLEY, EXECUTIVE DIRECTOR).
- How much revenue does TALITHA KOUM INSTITUTE have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,105,983, expenses of $1,183,443 and total assets of $1,514,510 at year end.
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All nonprofits in WACO · Texas · Community improvement and capacity building