Nonprofit · EIN 80-0935898
CLASS OF 89 MUSTANG OPEN CHARITABLE FOUNDATION
Tax-exempt · LUBBOCK, TX 79424
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $12,568 | $21,351 | -$8,783 | $10,932 | $0 | $10,932 |
| December 31, 2023 | 990 | $17,649 | $21,997 | -$4,348 | $19,715 | $0 | $19,715 |
| December 31, 2022 | 990 | $15,850 | $16,283 | -$433 | $24,063 | $0 | $24,063 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $12,568
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $18,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $18,565
- Management and general (functional)
- $10
- Fundraising (functional)
- $2,776
Balance sheet and other
- Total assets, start of year
- $19,715
- Total assets, end of year
- $10,932
- Total liabilities, end of year
- $0
- Net assets, end of year
- $10,932
- Net assets without donor restrictions
- $10,932
- Gross receipts
- $12,568
- Employees
- 0
- Year formed
- 2013
- 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 |
|---|---|---|---|
| MARK A ALBARES | CHAIR Trustee or director, Officer | – | $0 |
| JASON BUFFINGTON | VICE PRESIDE Officer | – | $0 |
| JASON KEARNEY | TREASURER/SE Officer | – | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK A ALBARES | CHAIR Trustee or director, Officer | 0.5 | $0 |
| JASON BUFFINGTON | VICE PRESIDE Officer | 0.5 | $0 |
| JASON KEARNEY | TREASURER/SE Officer | 0.5 | $0 |
990 for the year ended December 31, 2022: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK A ALBARES | CHAIR Trustee or director, Officer | 0.5 | $0 |
| JASON BUFFINGTON | VICE PRESIDE Officer | 0.5 | $0 |
| JASON KEARNEY | TREASURER/SE Officer | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 5109 82ND ST UNIT 7 PMB 1175, LUBBOCK, TX 79424-3000
- Principal officer (990 for 2024)
- MARK A ALBARES, 5109 82ND STREET SUITE 7 1175, LUBBOCK, TX 79424
- Signed the 990
- MARK A ALBARES, CHAIR
- Phone
- (817) 798-4896
- Website
- CLASSOF89MUSTANGOPEN.COM
Mission
PROVIDE DONATION FUNDS TO CORONADO HIGH SCHOOL IN LUBBOCK, TEXAS FOR THE ATHLETIC DEPARTMENT AND TO LOCAL CHARITIES IN LUBBOCK, TEXAS FOR LIMITED INCOME INDIVIDUALS AND FAMILIES.
Program accomplishments
- PROVIDE DONATION FUNDS TO CORONADO HIGH SCHOOL IN LUBBOCK, TEXAS FOR THE ATHLETIC DEPARTMENT. FUNDS MAKES IT POSSIBLE FOR NUMEROUS STUDENTS THAT ARE HUNGRY TO RECEIVE NUTRITIONAL DRINKS AND SUPPLEMENTS. THE FUNDS HELP PAY EQUIPMENT, SHOES AND UNIFORMS.Expenses $15,565 · grants $15,000
- PROVIDE DONATION FUNDS TO CORONADO HIGH SCHOOL IN LUBBOCK, TEXAS FOR THE SPORTS MEDICAL ATHLETIC DEPARTMENT. FUNDS MAKES IT POSSIBLE FOR NUMEROUS STUDENTS THAT ARE HUNGRY TO RECEIVE NUTRITIONAL DRINKS AND SUPPLEMENTS. THE FUNDS HELP PAY FOR TREATMENT SUPPLIES AND THERAPY.Expenses $3,000 · grants $3,000
- PROVIDE DONATION FUNDS TO SOUTH PLAINS FELLOWSHIP CHRISTIAN ATHLETES IN LUBBOCK, TEXAS FOR THE ORGANIZATION TO HELP LEAD COACHES AND ATHLETES INTO A GROWING RELATIONSHIP WITH JESUS CHRIST AND HIS CHURCH. FUNDS MAKES IT POSSIBLE FOR THE ORGANIZATION TO HOLD EVENTS THROUGH A STRATEGY OF ENGAGING, EQUIPPING AND EMPOWERING COACHES AND ATHLETES TO KNOW AND GROW IN CHRIST AND LEAD OTHERS TO DO THE SAME.
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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
- 80-0935898
- 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
- 2015
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Education (B12)
- Assets (IRS master file)
- $10,932
- Income (IRS master file)
- $12,568
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $12,568 | $21,351 | $10,932 | IRS |
| 990 | December 2023 | $17,649 | $21,997 | $19,715 | XML |
| 990 | December 2022 | $15,850 | $16,283 | $24,063 | XML |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | 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 80-0935898).
Questions about CLASS OF 89 MUSTANG OPEN CHARITABLE FOUNDATION
- What is the EIN of CLASS OF 89 MUSTANG OPEN CHARITABLE FOUNDATION?
- The employer identification number (EIN) of CLASS OF 89 MUSTANG OPEN CHARITABLE FOUNDATION is 80-0935898.
- Is CLASS OF 89 MUSTANG OPEN CHARITABLE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to CLASS OF 89 MUSTANG OPEN CHARITABLE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CLASS OF 89 MUSTANG OPEN CHARITABLE FOUNDATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of CLASS OF 89 MUSTANG OPEN CHARITABLE FOUNDATION 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 CLASS OF 89 MUSTANG OPEN CHARITABLE FOUNDATION 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 CLASS OF 89 MUSTANG OPEN CHARITABLE FOUNDATION?
- The 990 for the year ended December 31, 2024 names MARK A ALBARES.
- Who are the officers and directors of CLASS OF 89 MUSTANG OPEN CHARITABLE FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does CLASS OF 89 MUSTANG OPEN CHARITABLE FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $12,568, expenses of $21,351 and total assets of $10,932 at year end.
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