Nonprofit · EIN 85-2205714
47TH BOLTS INC
Tax-exempt · LAUGHLIN AFB, TX 78843
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 (amended) | $77,362 | $79,689 | -$2,327 | $35,664 | $0 | $35,664 |
| December 31, 2024 | 990-EZ | $83,479 | $52,957 | $30,522 | $66,187 | $0 | $66,187 |
| December 31, 2023 | 990-EZ | $52,361 | $54,688 | -$2,327 | $35,664 | $0 | $35,664 |
| December 31, 2022 | 990-EZ | $161,747 | $143,891 | $17,856 | $37,911 | $0 | $37,911 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $6,876
- Investment income
- $21
- Net income from fundraising events
- $38,484
- Net income from sales of inventory
- $6,668
- Other revenue
- $70,465
Expenses
- Grants and similar amounts paid
- $7,673
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Travel
- $36,516
- Program services (functional)
- $76,184
- Management and general (functional)
- $3,505
Balance sheet and other
- Total assets, start of year
- $37,991
- Total assets, end of year
- $35,664
- Total liabilities, end of year
- $0
- Net assets, end of year
- $35,664
- Net assets without donor restrictions
- $35,664
- Gross unrelated business income
- $38,505
- Gross receipts
- $209,236
- Employees
- 0
- Volunteers
- 10
- Year formed
- 2022
- 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 |
|---|---|---|---|
| Douglas Gifford | Treasurer Officer | 4 | $0 |
| Travis Reid | President Officer | 4 | $0 |
| Johnathan Maritnez | Secretary Officer | 4 | $0 |
990-EZ for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Zachary Waldis | Treasurer | 0 | $0 |
| Adam Brown | President | 0 | $0 |
| Brock Mangum | Secretary | 0 | $0 |
990-EZ for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Adam Brown | President | 0 | $0 |
| Zachary Waldis | Treasurer | 0 | $0 |
| Brock Mangum | Secretary | 0 | $0 |
990-EZ for the year ended December 31, 2022: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Tristan Konze | President | 0 | $0 |
| Jennifer Ramirez | Treasurer | 0 | $0 |
| Tara Fernandez | Secretary | 0 | $0 |
| Douglas Gifford | Director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 570 BARNS ST STE 2201 BLDG 320, LAUGHLIN AFB, TX 78843-0000
- Principal officer (990 for 2024)
- Douglas Gifford, 570 Barns ST STE 2201 BLDG 320, Laughlin AFB, TX 78843
- Signed the 990
- Douglas Gifford, Treasurer
- Phone
- (772) 812-4361
- Return prepared by
- Renosi Inc
Mission
The purpose of the 47th Bolts is the enhance and maintain the camaraderie, espirit de corps, and prestige of young airmen in the 47th Student Squadron. The 47th Bolts is collectively and individually a role model for young professionals going through Undergraduate Pilot Training or otherwise part of the 47th Student Squadron. This organization focuses on the career development of those students to advise senior leadership pertaining to their health and welfare. The 47th Bolts will promote professional relationships to develop future leading in the United States Air Force.
Program accomplishments
- Meals and travelExpenses $36,516
- Hosted EventsExpenses $25,306
- Purchased SuppliesExpenses $6,689
- Grants and scholarshipsExpenses $7,673
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-EZ on file |
IRS record
- EIN
- 85-2205714
- 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
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B11)
- Assets (IRS master file)
- $35,664
- Income (IRS master file)
- $209,236
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $77,362 | $79,689 | $35,664 | XML |
| 990-EZ | December 2024 | $83,479 | $52,957 | $66,187 | XML |
| 990-EZ | December 2023 | $52,361 | $54,688 | $35,664 | XML |
| 990-EZ | December 2022 | $161,747 | $143,891 | $37,911 | XML |
| 990-EZ | December 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 85-2205714).
Questions about 47TH BOLTS INC
- What is the EIN of 47TH BOLTS INC?
- The employer identification number (EIN) of 47TH BOLTS INC is 85-2205714.
- Is 47TH BOLTS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to 47TH BOLTS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does 47TH BOLTS 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 47TH BOLTS 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 47TH BOLTS 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 47TH BOLTS INC?
- The 990 for the year ended December 31, 2024 names Douglas Gifford.
- Who are the officers and directors of 47TH BOLTS INC?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does 47TH BOLTS INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $77,362, expenses of $79,689 and total assets of $35,664 at year end.
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