Nonprofit · EIN 81-0552449
RICHARDSON IMPROVEMENT CORPORATION
Tax-exempt · RICHARDSON, TX 75083
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990-EZ | $0 | $9,711 | -$9,711 | $11,589 | $0 | $11,589 |
| September 30, 2024 | 990 | $0 | $9,879 | -$9,879 | $23,634 | $2,334 | $21,300 |
| September 30, 2023 | 990 | $740 | $1,602,607 | -$1,601,867 | $31,179 | $0 | $31,179 |
Financial details: 990-EZ for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fees and payments to contractors
- $9,700
- Other expenses
- $11
Balance sheet and other
- Total assets, start of year
- $21,300
- Total assets, end of year
- $11,589
- Total liabilities, end of year
- $0
- Net assets, end of year
- $11,589
- Cash, savings and investments
- $11,589
- Gross receipts
- $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-EZ for the year ended September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Donald G Magner | President | 1 | $0 |
| Kent Pfeil | Vice President | 1 | $0 |
| Yvonne Falgout | Secretary/Treasurer | 1 | $0 |
990 for the year ended September 30, 2024: 4 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Donald G Magner | President Trustee or director, Officer | 1 | $0 | $357,972 | $95,266 |
| Kent Pfeil | Vice President Trustee or director, Officer | 1 | $0 | $249,566 | $75,038 |
| Yvonne Falgout | Secretary/Treasurer Trustee or director, Officer | 1 | $0 | $159,446 | $37,815 |
| Lori Smeby | Former Secretary/Treasurer Former | 0 | $0 | $158,928 | $30,775 |
990 for the year ended September 30, 2023: 5 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Donald G Magner | President Trustee or director, Officer | 1 | $0 | $334,319 | $35,618 |
| Kent Pfeil | Vice President Trustee or director, Officer | 1 | $0 | $227,756 | $25,287 |
| Daniel A Johnson | Former President Former | 0 | $0 | $189,412 | $15,798 |
| Lori Smeby | Secretary/Treasurer (until 6/2023) Trustee or director, Officer | 1 | $0 | $160,925 | $11,593 |
| Yvonne Falgout | Secretary/Treasurer (Begin 6/2023) Trustee or director, Officer | 1 | $0 | $127,234 | $20,456 |
Address and contacts
- Address (IRS master file)
- PO BOX 830309, RICHARDSON, TX 75083-0309
- Signed the 990-EZ
- Kent Pfeil, Vice President
- Phone
- (972) 744-4074
- Return prepared by
- CROWE LLP
Mission
TO PROVIDE PROFESSIONAL ASSISTANCE EXCLUSIVELY TO THE CITY OF RICHARDSON IN THE FORM OF CONSULTING SERVICES, PLANNING PROCESSES, GRANT WRITING SERVICES, AND THE PROFESSIONAL PARKS AND RECREATION SERVICES AT A COST BELOW THE COST THAT WOULD BE INCURRED IF THESE SERVICES WERE OBTAINED ON THE OPEN MARKET.
Program accomplishments
- WRITING AND SUBMITTING OF MAJOR GRANT REQUESTS FOR THE CITY OF RICHARDSON'S PARKS AND RECREATION DEPARTMENT FACILITIES.
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990-EZ on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 81-0552449
- 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
- 2003
- Accounting year ends
- September
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Recreation and sports (N113)
- Assets (IRS master file)
- $11,589
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | September 2025 | $0 | $9,711 | $11,589 | XML |
| 990 | September 2024 | $0 | $9,879 | $23,634 | XML |
| 990 | September 2023 | $740 | $1,602,607 | $31,179 | XML |
| 990 | September 2022 | $0 | $10,237 | $1,641,546 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 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 81-0552449).
Questions about RICHARDSON IMPROVEMENT CORPORATION
- What is the EIN of RICHARDSON IMPROVEMENT CORPORATION?
- The employer identification number (EIN) of RICHARDSON IMPROVEMENT CORPORATION is 81-0552449.
- Is RICHARDSON IMPROVEMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to RICHARDSON IMPROVEMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does RICHARDSON IMPROVEMENT CORPORATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of RICHARDSON IMPROVEMENT CORPORATION due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did RICHARDSON IMPROVEMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended September 2025.
- Who are the officers and directors of RICHARDSON IMPROVEMENT CORPORATION?
- The 990-EZ for the year ended September 30, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does RICHARDSON IMPROVEMENT CORPORATION have?
- On its 990-EZ for the year ended September 30, 2025 it reported revenue of $0, expenses of $9,711 and total assets of $11,589 at year end.
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