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Nonprofit · EIN 81-1325430

HANKINSON EDUCATION FOUNDATION

Tax-exempt · HANKINSON, ND 58041

Financials

$57K$43K2023$68K$90K2024$93K$77K2025
Revenue Expenses · by fiscal year end
Financials of HANKINSON EDUCATION FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$92,521$76,660$15,861$826,735$0$826,735
December 31, 2024990$68,407$90,272-$21,865$799,227$0$799,227
December 31, 2023990$56,608$42,536$14,072$800,755$0$800,755
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$92,521
Net gain from sales of assets
$26,177
Other revenue
$0

Expenses

Grants and similar amounts paid
$74,355
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$495
Occupancy
$960
Program services (functional)
$75,415
Management and general (functional)
$1,245

Balance sheet and other

Total assets, start of year
$799,227
Total assets, end of year
$826,735
Total liabilities, end of year
$0
Net assets, end of year
$826,735
Publicly traded securities
$815,864
Gross receipts
$145,279
Employees
0
Year formed
2016
State of legal domicile
ND

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
HEATHER SEVIANDDIRECTOR
Trustee or director
1$0
TERA PAULSONDIRECTOR
Trustee or director
1$0
NICK FOERTSCHDIRECTOR
Trustee or director
1$0
DARWIN KRATCHAPRESIDENT
Officer
1$0
JEFF STEINVICE PRESIDENT
Officer
1$0
JASON SEMERADSECRETARY
Officer
1$0
ANTHONY WAHLERTREASURER
Officer
1$0
990 for the year ended December 31, 2024: 7 people
NameTitleHours / weekCompensation
NICK FOERTSCHDIRECTOR
Trustee or director
1$0
JASON SEMERADDIRECTOR
Trustee or director
1$0
ANTHONY WAHLERDIRECTOR
Trustee or director
1$0
DARWIN KRATCHAPRESIDENT
Officer
1$0
JEFF STEINVICE PRESIDENT
Officer
1$0
DIANE MAUCHSECRETARY
Officer
1$0
KRISTI JEANTREASURER
Officer
1$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
NICK FOERTSCHDIRECTOR
Trustee or director
1$0
MATTHEW ASPDIRECTOR
Trustee or director
1$0
TERA PAULSONDIRECTOR
Trustee or director
1$0
KRISTI JEANTREASURER
Officer
1$0
DARWIN KRATCHAPRESIDENT
Officer
1$0
JEFF STEINVICE PRESIDENT
Officer
1$0
DIANE MAUCHSECRETARY
Officer
1$0

Address and contacts

Address (IRS master file)
PO BOX 305, HANKINSON, ND 58041-0305
In care of
% DARWIN KRATCHA
Principal officer (990 for 2025)
DARWIN KRATCHA, PO BOX 305, HANKINSON, ND 58041
Signed the 990
DARWIN KRATCHA, PRESIDENT
Phone
(701) 242-7292
Return prepared by
JAMES M ANDERSON LTD

Mission

FORMED TO HELP FOSTER IN HANKINSON PUBLIC SCHOOL STUDENTS AND GRADUATES ACADEMIC EXCELLENCE SELF CONFIDENCE INTEGRITY GOOD VALUE SYSTEM PASSION FOR LEARNING PERSONALITY DEVELOPOMENT TEAMWORK SCHOOL ENTHUSIASM UNITY AND TO ENDEAVOR TO MAKE THEM INTO WELL-ROUNDED RESPONSIBLE ADULTS

990 for the year ended December 31, 2025

Program accomplishments

  • THE FOUNDATION WAS ENDOWED BY A GRADUATE OF THE HANKINSON PUBLIC SCHOOL DISTRICT FOR THE PURPOSE OF PROVIDING COLLEGE SCHOLARSHIPS TO GRADUATES OF THE HANKINSON PUBLIC SCHOOL DISTRICT WITH A GPA OF AT LEAST 3.0 BASED ON A 4.0 SCALE AND WHO CHOOSE TO ATTEND COLLEGE OR UNIVERSITY LOCATED IN THE STATE OF NORTH DAKOTA. FOUR SCHOLARSHIPS ARE AWARDED TO HANKINSON HIGH SCHOOL STUDENTS EACH YEAR AND ARE IN TH AMOUNT OF $ 2,000 PER ACADEMIC YEAR. RECIPIENTS CAN RENEW THEIR SCHOLORSHIPS YEARLY FOR AN ADDITIONAL THREE YEARS FOR A TOTAL OF FOUR YEARS PROVIDED THAT THEY CONTINUE TO BE ENROLLED FULL TIME IN A NORTH DAKOTA COLLEGE OR UNIVERSITY AND THEY CAN MAINTAIN AT LEAST A 3.0 GPA BASED ON A SCALE OF 4.0. THE AWARD OF SCHOLORSHIPS ARE BASED ON HIGH SCHOOL ACADEMIC PERFORMANCE HIGH SCHOOL ECXTRACURRICULAR AND COMMUNITY INVOLVEMENT AND INTENDED COURSE OF THE RECIPIENTS STUDY WITH AN EMPHASIS BEING PLACED ON MATH AND SCIENCE. FOUR NEW SCHOLARSHIPS WILL BE AWARDED ANNUALLY TO HIGH SCHOOL SENIORS AND FOR THEIR FIRST YEAR OF COLLEGE PROVIDED THAT ALL OF THE RECIPIENTS RE-APPLY FOR ADDITIONAL SCHOLARSHIP THE FOUNDATION INTENDS AFTER FOUR YEARS TO HAVE 16 SCHOLARSHIPS AWARDED.
    Expenses $75,415 · revenue $36,966

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
81-1325430
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
2016
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B82)
Assets (IRS master file)
$826,735
Income (IRS master file)
$145,279

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$92,521$76,660$826,735XML
990December 2024$68,407$90,272$799,227XML
990December 2023$56,608$42,536$800,755XML
990December 2022$39,279$62,448$770,284IRS
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 81-1325430).

Questions about HANKINSON EDUCATION FOUNDATION

What is the EIN of HANKINSON EDUCATION FOUNDATION?
The employer identification number (EIN) of HANKINSON EDUCATION FOUNDATION is 81-1325430.
Is HANKINSON EDUCATION FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
Are donations to HANKINSON EDUCATION FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HANKINSON EDUCATION FOUNDATION 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 HANKINSON EDUCATION FOUNDATION 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 HANKINSON EDUCATION FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of HANKINSON EDUCATION FOUNDATION?
The 990 for the year ended December 31, 2025 names DARWIN KRATCHA.
Who are the officers and directors of HANKINSON EDUCATION FOUNDATION?
The 990 for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
How much revenue does HANKINSON EDUCATION FOUNDATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $92,521, expenses of $76,660 and total assets of $826,735 at year end.

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