Nonprofit · EIN 82-2407490
KODY FOUNDATION INC
Tax-exempt · PANAMA CITY, FL 32401
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $407,557 | $331,227 | $76,330 | $1,094,552 | $364,604 | $729,948 |
| December 31, 2024 | 990 | $319,214 | $215,959 | $103,255 | $1,053,333 | $399,715 | $653,618 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $195,097
- of which government grants
- $45,000
- Program service revenue
- $212,793
- Investment income
- $1,350
- Net income from gaming
- -$1,683
- Other revenue
- -$1,683
Expenses
- Grants and similar amounts paid
- $4,750
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $4,600
- Occupancy
- $71,610
- Depreciation
- $32,701
- Program services (functional)
- $193,868
- Management and general (functional)
- $137,359
Balance sheet and other
- Total assets, start of year
- $1,053,333
- Total assets, end of year
- $1,094,552
- Total liabilities, end of year
- $364,604
- Net assets, end of year
- $729,948
- Land, buildings and equipment
- $928,433
- Net assets without donor restrictions
- $670,948
- Net assets with donor restrictions
- $59,000
- Gross receipts
- $420,770
- Employees
- 0
- Volunteers
- 175
- Year formed
- 2017
- State of legal domicile
- FL
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SHAWN HOCHSTETLER | Director Trustee or director | 3 | $0 |
| Michael Simpers | Director Trustee or director | 3 | $0 |
| Carlton Stabler | Director Trustee or director | 3 | $0 |
| OWEN GRIMSLEY | Director Trustee or director | 3 | $0 |
| TODD STARKS | Director Trustee or director | 3 | $0 |
| AVERY ADCOCK | Treasurer Officer | 5 | $0 |
| ROLAN PEAK | Vice President Officer | 5 | $0 |
| LANDON WRIGHT | President Officer | 5 | $0 |
| KERRY MCLANE | Secretary Officer | 5 | $0 |
990 for the year ended December 31, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LANDON WRIGHT | Director Trustee or director | 3 | $0 |
| Michael Simpers | Director Trustee or director | 3 | $0 |
| Carlton Stabler | Director Trustee or director | 3 | $0 |
| THOMAS LYNCH | Director Trustee or director | 3 | $0 |
| SHAWN HOCHSTETLER | Vice President Officer | 5 | $0 |
| AVERY ADCOCK | Treasurer Officer | 5 | $0 |
| ROLAN PEAK | Director Officer | 5 | $0 |
| KERRY MCLANE | Secretary Officer | 5 | $0 |
| JOHN TRUBIA | President Officer | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 1314 BAYVIEW AVE, PANAMA CITY, FL 32401-1338
- In care of
- % GLEN FRYE
- Mailing address (990-N for 2017)
- 1537 JENKS AVE, PANAMA CITY FL 32405
- Principal officer (990-N for 2017)
- GLEN FRYE, 1537 JENKS AVE, PANAMA CITY FL 32405
- Signed the 990
- AVERY ADCOCK, Treasurer
- Phone
- (850) 624-6216
- Return prepared by
- R Craig Taylor CPA PA
Mission
CULTURAL EVENTS PROMOTING GROWTH, WELFARE, AND COMMUNITY OF BAY CO WHILE PROVIDING PROCEEDS TO LOCAL SCHOOL AGE ORGANIZATIONS
Program accomplishments
- COMMUNITY RECREATION FROM LOCAL PARADESExpenses $193,868 · revenue $241,394
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 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
- 82-2407490
- 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
- 2017
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Public and societal benefit (W12)
- Assets (IRS master file)
- $1,094,552
- Income (IRS master file)
- $420,770
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | – | – | – | IRS |
| 990 | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $347,020 | $196,629 | $964,548 | IRS |
| 990 | December 2022 | $217,448 | $179,869 | $986,704 | IRS |
| 990 | December 2021 | $188,018 | $73,264 | $970,133 | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990-N for 2017 Officer: GLEN FRYE | December 31, 2017 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about KODY FOUNDATION INC
- What is the EIN of KODY FOUNDATION INC?
- The employer identification number (EIN) of KODY FOUNDATION INC is 82-2407490.
- Is KODY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to KODY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does KODY 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 KODY 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 KODY 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 is the principal officer of KODY FOUNDATION INC?
- The 990-N for 2017 names GLEN FRYE.
- Who are the officers and directors of KODY FOUNDATION INC?
- The 990 for the year ended December 31, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does KODY FOUNDATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $407,557, expenses of $331,227 and total assets of $1,094,552 at year end.
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