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Nonprofit · EIN 84-3716047

SALVAGE YARD INC

Tax-exempt · KRUM, TX 76249

Financials

$456K$353K2023$573K$391K2024
Revenue Expenses · by fiscal year end
Financials of SALVAGE YARD INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$572,965$390,826$182,139$411,294$0$411,294
December 31, 2023990$455,686$352,736$102,950$229,155$0$229,155
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$441,327
Program service revenue
$131,638
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$72,000
Salaries, compensation and benefits (total)
$72,000
Professional fundraising fees
$0
Program services (functional)
$354,826
Management and general (functional)
$36,000

Balance sheet and other

Total assets, start of year
$229,155
Total assets, end of year
$411,294
Total liabilities, end of year
$0
Net assets, end of year
$411,294
Net assets without donor restrictions
$411,294
Gross receipts
$572,965
Employees
0
Year formed
2019
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.

NameTitleHours / weekCompensation
ROBERT STANTONPRESIDENT
Trustee or director, Officer
40$72,000
ASHLEY CONNELLDIRECTOR
Trustee or director
1$0
CHAD CONNELLDIRECTOR
Trustee or director
1$0
DANIEL JOSEYDIRECTOR
Trustee or director
1$0
ERICA JOSEYDIRECTOR
Trustee or director
1$0
TIFFANY STANTONDIRECTOR
Trustee or director
25$0
CHAD WALLACEDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
ROBERT STANTONPRESIDENT
Trustee or director, Officer
40$72,000
ASHLEY CONNELLDIRECTOR
Trustee or director
1$0
CHAD CONNELLDIRECTOR
Trustee or director
1$0
TIFFANY STANTONDIRECTOR
Trustee or director
25$0
CHAD WALLACEDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
7996 PLAINVIEW RD, KRUM, TX 76249-4430
In care of
% ROBERT STANTON
Principal officer (990 for 2024)
ROBERT STANTON, 7996 PLAINVIEW ROAD, KRUM, TX 76249
Signed the 990
ROBERT STANTON, PRESIDENT
Phone
(720) 626-3681
Return prepared by
STEVE RICE CPA INC

Mission

RESCUING AND REPAIRING VEHICLES FOR GOOD. WE PROVIDE DEPENDABLE VEHICLES TO SERVE PEOPLE IN TIMES OF CRISIS AND NEED.

990 for the year ended December 31, 2024

Program accomplishments

  • RESCUING AND REPAIRING VEHICLES FOR GOOD. WE PROVIDE DEPENDABLE VEHICLES TO SERVE PEOPLE IN TIMES OF CRISIS AND NEED.
    Expenses $354,826

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
84-3716047
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
2020
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$411,294
Income (IRS master file)
$572,965

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$572,965$390,826$411,294IRS
990December 2023$455,686$352,736$229,155XML
990December 2022$354,768$308,402$126,205IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––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 84-3716047).

Questions about SALVAGE YARD INC

What is the EIN of SALVAGE YARD INC?
The employer identification number (EIN) of SALVAGE YARD INC is 84-3716047.
Is SALVAGE YARD INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Are donations to SALVAGE YARD INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SALVAGE YARD 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 SALVAGE YARD INC 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 SALVAGE YARD INC 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 SALVAGE YARD INC?
The 990 for the year ended December 31, 2024 names ROBERT STANTON.
Who are the officers and directors of SALVAGE YARD INC?
The 990 for the year ended December 31, 2024 lists 7 people; 1 received compensation from the organization, the highest $72,000 (ROBERT STANTON, PRESIDENT).
How much revenue does SALVAGE YARD INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $572,965, expenses of $390,826 and total assets of $411,294 at year end.

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