Nonprofit · EIN 83-0616239
WATERFALL ACADEMY
Tax-exempt · RICHARDSON, TX 75080
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $260,247 | $239,055 | $21,192 | $30,479 | $8,415 | $22,064 |
| December 31, 2023 | 990 | $385,163 | $384,062 | $1,101 | $4,500 | $0 | $4,500 |
| December 31, 2022 | 990-EZ (amended) | $128,461 | $126,062 | $2,399 | $3,399 | $0 | $3,399 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $88,186
- Program service revenue
- $172,061
- 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 fundraising fees
- $0
- Legal fees
- $60
- Accounting fees
- $1,000
- Depreciation
- $989
- Program services (functional)
- $179,642
- Management and general (functional)
- $59,413
Balance sheet and other
- Total assets, start of year
- $7,740
- Total assets, end of year
- $30,479
- Total liabilities, end of year
- $8,415
- Net assets, end of year
- $22,064
- Land, buildings and equipment
- $5,036
- Net assets without donor restrictions
- $22,064
- Gross receipts
- $260,247
- Employees
- 0
- Year formed
- 2018
- 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 |
|---|---|---|---|
| ANGEL RODRIGUEZ | Director Trustee or director | 5 | $0 |
| CONSUELO RODRIGUEZ | Director Trustee or director | 5 | $0 |
990 for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANGEL RODRIGUEZ | Director Trustee or director | 0 | $0 |
| CONSUELO RODRIGUEZ | Director Trustee or director | 0 | $0 |
990-EZ for the year ended December 31, 2022: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANGEL RODRIGUEZ | DIRECTOR | 0 | $0 |
| CONSUELO RODRIGUEZ | DIRECTOR | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 901 WATERFALL WAY STE 307, RICHARDSON, TX 75080-6792
- In care of
- % ANGEL LUIS RODRIGUEZ
- Mailing address (990-N for 2022)
- 901 WATERFALL WAY STE 307, RICHARDSON TX 75080
- Principal officer (990-N for 2022)
- ANGEL RODRIGUEZ, 901 WATERFALL WAY STE 307, RICHARDSON TX 75080
- Signed the 990
- ANGEL RODRIGUEZ, Director
- Phone
- (972) 213-8357
- Return prepared by
- Omotayo CPA LLC
Mission
Our mission is to deliver functional education that is customized to the brilliance of each child while supporting families on the path to greatness.
Program accomplishments
- We deliver functional education that is customized to the brilliance of each child while supporting families on the path to greatness.Expenses $179,642
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 | 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
- 83-0616239
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2020
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B20)
- Assets (IRS master file)
- $30,479
- Income (IRS master file)
- $260,247
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $260,247 | $239,055 | $30,479 | XML |
| 990 | December 2023 | $385,163 | $384,062 | $4,500 | XML |
| 990-N for 2022 Officer: ANGEL RODRIGUEZ | December 31, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | December 2022 | $128,461 | $126,062 | $3,399 | XML |
| 990-N for 2020 Officer: ANGEL RODRIGUEZ | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
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 83-0616239).
Questions about WATERFALL ACADEMY
- What is the EIN of WATERFALL ACADEMY?
- The employer identification number (EIN) of WATERFALL ACADEMY is 83-0616239.
- Is WATERFALL ACADEMY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to WATERFALL ACADEMY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WATERFALL ACADEMY 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 WATERFALL ACADEMY 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 WATERFALL ACADEMY 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 WATERFALL ACADEMY?
- The 990-N for 2022 names ANGEL RODRIGUEZ.
- Who are the officers and directors of WATERFALL ACADEMY?
- The 990 for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
- How much revenue does WATERFALL ACADEMY have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $260,247, expenses of $239,055 and total assets of $30,479 at year end.
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