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Nonprofit · EIN 76-0453518

THE NATHANIEL FOUNDATION INC

Tax-exempt · KINGWOOD, TX 77339

Financials

$5.7M$5.3M2023$4.4M$3.9M2024
Revenue Expenses · by fiscal year end
Financials of THE NATHANIEL FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$4,413,842$3,891,395$522,447$4,260,489$1,250,000$3,010,489
December 31, 2023990$5,717,432$5,252,335$465,097$3,687,683$1,226,674$2,461,009
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$4,142,788
Program service revenue
$0
Investment income
$124,426
Net gain from sales of assets
$83,923
Net income from fundraising events
$141,825
Other revenue
$146,628

Expenses

Grants and similar amounts paid
$2,417,825
Other salaries and wages
$714,462
Salaries, compensation and benefits (total)
$714,462
Professional fundraising fees
$0
Travel
$2,001
Depreciation
$86,565
Program services (functional)
$3,568,474
Management and general (functional)
$322,921

Balance sheet and other

Total assets, start of year
$3,687,683
Total assets, end of year
$4,260,489
Total liabilities, end of year
$1,250,000
Net assets, end of year
$3,010,489
Land, buildings and equipment
$1,765,998
Publicly traded securities
$2,137,924
Net assets without donor restrictions
$3,010,489
Gross receipts
$7,604,537
Employees
0
Volunteers
0
Year formed
1994
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.

NameTitleHours / weekCompensation
PAUL JAY SARVADITRUSTEE
Trustee or director
0.8$0
VICKI DENISE SARVADITRUSTEE
Trustee or director
4$0
MICHAEL C RIDDLETRUSTEE
Trustee or director
2$0
BRON BARKLEYTRUSTEE
Trustee or director
0.4$0
RICHARD RAWSONTRUSTEE
Trustee or director
0.4$0
DAWN RAWSONTRUSTEE
Trustee or director
0.4$0
CYNTHIA HEATONTRUSTEE
Trustee or director
0.5$0
JOHN PAUL BARKLEYTRUSTEE
Trustee or director
10$0
DIANA ALEXANDERTRUSTEE
Trustee or director
0.3$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
PAUL JAY SARVADITRUSTEE
Trustee or director
0$0
VICKI DENISE SARVADITRUSTEE
Trustee or director
0$0
MICHAEL C RIDDLETRUSTEE
Trustee or director
0$0
BRON BARKLEYTRUSTEE
Trustee or director
0$0
RICHARD RAWSONTRUSTEE
Trustee or director
0$0
DAWN RAWSONTRUSTEE
Trustee or director
0$0
CYNTHIA HEATONTRUSTEE
Trustee or director
0$0

Address and contacts

Address (IRS master file)
526 KINGWOOD DRIVE 379, KINGWOOD, TX 77339-4473
In care of
% PAUL J SARVADI
Principal officer (990 for 2024)
PAUL J SARVADI, 526 KINGWOOD DRIVE 379, KINGWOOD, TX 77339
Signed the 990
PAUL SARVADI, TRUSTEE
Phone
(281) 348-3280
Return prepared by
PWC US TAX LLP

Mission

THE MISSION OF THE NATHANIEL FOUNDATION IS TO MAKE A POSITIVE IMPACT ON OUR LOCAL COMMUNITY, MINISTER RECONCILIATION AMONG THE PEOPLE OF THE GOD OF THE BIBLE, AND TO FACILITATE BIBLICAL PROPHECY.

990 for the year ended December 31, 2024

Program accomplishments

  • NATHANIEL FOUNDATION PROVIDES MONETARY SUPPORT TO ORGANIZATIONS WHICH CARRY OUT CHARITABLE WORK IN ALIGNMENT WITH THE MISSION OF THE NATHANIEL FOUNDATION. THE NATHANIEL FOUNDATION OPERATES NO SPECIFIC PROGRAM SERVICES.
    Expenses $3,568,474 · grants $2,417,825 · revenue $129,229

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

IRS record

EIN
76-0453518
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1995
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,260,489
Income (IRS master file)
$7,604,537

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$4,413,842$3,891,395$4,260,489XML
990December 2023$5,717,432$5,252,335$3,687,683XML
990December 2022$5,110,538$5,144,194$4,142,664IRS
990December 2021–––IRS
990December 2020–––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 76-0453518).

Questions about THE NATHANIEL FOUNDATION INC

What is the EIN of THE NATHANIEL FOUNDATION INC?
The employer identification number (EIN) of THE NATHANIEL FOUNDATION INC is 76-0453518.
Is THE NATHANIEL FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
Are donations to THE NATHANIEL FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does THE NATHANIEL 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 THE NATHANIEL 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 NATHANIEL FOUNDATION INC 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 THE NATHANIEL FOUNDATION INC?
The 990 for the year ended December 31, 2024 names PAUL J SARVADI.
Who are the officers and directors of THE NATHANIEL FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
How much revenue does THE NATHANIEL FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $4,413,842, expenses of $3,891,395 and total assets of $4,260,489 at year end.

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