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Nonprofit · EIN 84-1529992

RESOUND CORPORATION

Tax-exempt · COLORADO SPGS, CO 80920

Financials

$1.2M$1.3M2022$1.3M$1.4M2023$1.7M$1.7M2024
Revenue Expenses · by fiscal year end
Financials of RESOUND CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$1,683,450$1,731,377-$47,927$726,103$198,486$527,617
September 30, 2024990$1,267,819$1,364,684-$96,865$742,477$166,933$575,544
September 30, 2023990$1,213,389$1,330,351-$116,962$705,511$33,102$672,409
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$1,664,184
Program service revenue
$0
Investment income
$19,266
Other revenue
$0

Expenses

Grants and similar amounts paid
$15,000
Compensation of officers, directors and key employees
$131,932
Other salaries and wages
$758,960
Salaries, compensation and benefits (total)
$1,119,689
Professional fundraising fees
$0
Legal fees
$11,073
Accounting fees
$53,175
Occupancy
$53,919
Travel
$128,439
Depreciation
$24,763
Program services (functional)
$1,206,258
Management and general (functional)
$312,706
Fundraising (functional)
$212,413

Balance sheet and other

Total assets, start of year
$742,477
Total assets, end of year
$726,103
Total liabilities, end of year
$198,486
Net assets, end of year
$527,617
Land, buildings and equipment
$90,713
Net assets without donor restrictions
$116,577
Net assets with donor restrictions
$411,040
Gross receipts
$1,683,450
Employees
23
Volunteers
0
Year formed
1999
State of legal domicile
CO

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 September 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
Joshua KrusePresident
Key employee, Highest-paid employee
40$131,932
Roderick BeidlerBoard Chairman
Trustee or director, Officer
1$0
Victor DawsonVice Chairman
Trustee or director, Officer
1$0
Richard GradySecretary
Trustee or director, Officer
4$0
Donnell R SanfordTreasurer
Trustee or director, Officer
4$0
Cherlynn MoesBoard Member
Trustee or director
1$0
Rick HeupelBoard Member
Trustee or director
1$0
990 for the year ended September 30, 2024: 7 people
NameTitleHours / weekCompensation
Joshua KrusePresident
Key employee, Highest-paid employee
40$93,109
Roderick BeidlerBoard Chairman
Trustee or director, Officer
1$0
Richard GradySecretary
Trustee or director, Officer
4$0
Donnell R SanfordTreasurer
Trustee or director, Officer
4$0
Rick HeupelBoard Member
Trustee or director
1$0
Victor DawsonBoard Member
Trustee or director
1$0
Cherlynn MoesBoard Member
Trustee or director
1$0
990 for the year ended September 30, 2023: 6 people
NameTitleHours / weekCompensation
Joshua KrusePresident
Key employee, Highest-paid employee
40$95,860
Roderick BeidlerBoard Chairman
Trustee or director, Officer
1$0
Richard GradySecretary
Trustee or director, Officer
4$0
Donnell R SanfordTreasurer
Trustee or director, Officer
4$0
Rick HeupelBoard Member
Trustee or director
1$0
Victor DawsonDirector
Trustee or director
1$0

Address and contacts

Address (IRS master file)
3472 RESEARCH PKWY STE 104, COLORADO SPGS, CO 80920-1066
In care of
% DOUGLAS A LAGASSE
Principal officer (990 for 2024)
Donnell Ray Sanford Jr, 5801 N Union Blvd, Colorado Springs, CO 80918
Signed the 990
Donnell Ray Sanford Jr, Treasurer
Phone
(719) 282-1724

Mission

Placing skilled individuals in countries with developing economies to help those countries accomplish their national goals in areas such as economic development, health, education, and sports.

990 for the year ended September 30, 2025

Program accomplishments

  • Program 99110377: Provide cross-cultural skills training to Chinese workers preparing to relocate internationally as part of the One Belt / One Road initiative.
    Expenses $149,320 · revenue $124,195
  • Program 99110360: Providing youth leadership development through sports coaching and consulting to educational programs in Türkiye.
    Expenses $136,831 · revenue $111,176
  • Program 99110322: Providing vocational training, ESL, and community relief services in the Middle East.
    Expenses $129,179 · revenue $113,564
  • Providing program leadership to international communities through sports coaching, vocational training, leadership coaching, youth camps, and small business development.
    Expenses $790,928 · revenue $1,158,470

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 September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990 on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
84-1529992
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
2003
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$726,103
Income (IRS master file)
$1,683,450

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$1,683,450$1,731,377$726,103IRS
990September 2024$1,267,819$1,364,684$742,477IRS
990September 2023$1,213,389$1,330,351$705,511XML
990September 2022$1,311,507$1,195,520$802,927IRS
990September 2021–––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 84-1529992).

Questions about RESOUND CORPORATION

What is the EIN of RESOUND CORPORATION?
The employer identification number (EIN) of RESOUND CORPORATION is 84-1529992.
Is RESOUND CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
Are donations to RESOUND CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does RESOUND CORPORATION 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 RESOUND 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 RESOUND CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of RESOUND CORPORATION?
The 990 for the year ended September 30, 2025 names Donnell Ray Sanford Jr.
Who are the officers and directors of RESOUND CORPORATION?
The 990 for the year ended September 30, 2025 lists 7 people; 1 received compensation from the organization, the highest $131,932 (Joshua Kruse, President).
How much revenue does RESOUND CORPORATION have?
On its 990 for the year ended September 30, 2025 it reported revenue of $1,683,450, expenses of $1,731,377 and total assets of $726,103 at year end.

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