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Nonprofit · EIN 75-2879626

GRIPP MEMORIAL YOUTH FOUNDATION INC

Tax-exempt · HEREFORD, TX 79045

Financials

$1.4M$1.2M2023$1.4M$1.2M2024$1.7M$1.5M2025
Revenue Expenses · by fiscal year end
Financials of GRIPP MEMORIAL YOUTH FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990 (amended)$1,709,066$1,545,990$163,076$1,701,476$0$1,701,476
December 31, 2024990$1,423,677$1,225,616$198,061$1,538,400$0$1,538,400
December 31, 2023990$1,384,177$1,203,642$180,535$1,340,339$0$1,340,339
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$339,895
Program service revenue
$1,305,072
Investment income
$86,103
Net rental income
-$22,004
Net gain from sales of assets
-$1,799
Other revenue
-$22,004

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$3,460
Travel
$5,173
Depreciation
$8,998
Program services (functional)
$1,351,846
Management and general (functional)
$14,523
Fundraising (functional)
$179,621

Balance sheet and other

Total assets, start of year
$1,538,400
Total assets, end of year
$1,701,476
Total liabilities, end of year
$0
Net assets, end of year
$1,701,476
Land, buildings and equipment
$354,903
Net assets without donor restrictions
$1,701,476
Gross unrelated business income
-$13,319
Gross receipts
$1,765,576
Employees
0

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
JOHNNY TROTTERPresident & CEO
Officer
0$0
CHRIS CABBINESSTreasurer
Officer
0$0
DANE NOYCEVP/Assistant Sc
Officer
0$0
STEVE PURCELLASecretary
Officer
0$0
MAX MOSSVP/Assistant Tr
Officer
0$0
990 for the year ended December 31, 2024: 5 people
NameTitleHours / weekCompensation
JOHNNY TROTTERPresident & CEO
Officer
0$0
CHRIS CABBINESSTreasurer
Officer
0$0
DANE NOYCEVP/Assistant Sc
Officer
0$0
STEVE PURCELLASecretary
Officer
0$0
MAX MOSSVP/Assistant Tr
Officer
0$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
JOHNNY TROTTERPresident & CEO
Officer
0$0
CHRIS CABBINESSTreasurer
Officer
0$0
DANE NOYCEVP/Assistant Sc
Officer
0$0
STEVE PURCELLASecretary
Officer
0$0
MAX MOSSVP/Assistant Tr
Officer
0$0

Address and contacts

Address (IRS master file)
PO BOX 2237, HEREFORD, TX 79045-2237
Signed the 990
JOHNNY TROTTER, President & CEO
Return prepared by
REGINA LEWIS KIEHNE CPA

Mission

The Foundation's primary exempt purpose is to raise money through a roping event held the first weekend of August. The proceeds are used to provide funding for higher education expenses of students in agricultural programs. This funding is provided in the form of scholarships given in the name of the Foundation.

990 for the year ended December 31, 2025

Program accomplishments

  • To fund scholarships for agriculture students.
    Expenses $1,351,846

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
75-2879626
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2000
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B82)
Assets (IRS master file)
$1,701,476
Income (IRS master file)
$1,765,576

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$1,700,381$1,543,984$1,694,797IRS
990December 2024$1,423,677$1,225,616$1,538,400IRS
990December 2023$1,384,177$1,203,642$1,340,339XML
990December 2022$1,221,116$1,078,661$1,159,804IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––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 75-2879626).

Questions about GRIPP MEMORIAL YOUTH FOUNDATION INC

What is the EIN of GRIPP MEMORIAL YOUTH FOUNDATION INC?
The employer identification number (EIN) of GRIPP MEMORIAL YOUTH FOUNDATION INC is 75-2879626.
Is GRIPP MEMORIAL YOUTH FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
Are donations to GRIPP MEMORIAL YOUTH FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GRIPP MEMORIAL YOUTH FOUNDATION INC 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 GRIPP MEMORIAL YOUTH FOUNDATION INC 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 GRIPP MEMORIAL YOUTH FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who are the officers and directors of GRIPP MEMORIAL YOUTH FOUNDATION INC?
The 990 for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does GRIPP MEMORIAL YOUTH FOUNDATION INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $1,709,066, expenses of $1,545,990 and total assets of $1,701,476 at year end.

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