Nonprofit · EIN 85-3795804
TALENTED FOUNDATION
Tax-exempt · PROSPER, TX 75078
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $57,862 | $75,831 | -$17,969 | $14,612 | $1,121 | $13,491 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $56,114
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $1,748
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $58,484
- Salaries, compensation and benefits (total)
- $58,484
- Professional fundraising fees
- $0
- Accounting fees
- $1,133
- Travel
- $7,747
- Program services (functional)
- $59,355
- Management and general (functional)
- $13,766
- Fundraising (functional)
- $2,710
Balance sheet and other
- Total assets, start of year
- $31,460
- Total assets, end of year
- $14,612
- Total liabilities, end of year
- $1,121
- Net assets, end of year
- $13,491
- Net assets without donor restrictions
- $13,491
- Gross receipts
- $57,862
- Employees
- 0
- Volunteers
- 5
- Year formed
- 2020
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Ken Churchill | President/Secretary/Director Trustee or director, Officer | 40 | $58,484 |
| Harry Brown | Chairman/Director Trustee or director | 0 | $0 |
| Pete Marra | Treasurer/Director Trustee or director, Officer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 900 S PRESTON RD STE 50 PMB 507, PROSPER, TX 75078-3531
- Mailing address (990-N for 2020)
- 5729 LEBANON RD144-112, FRISCO TX 75034
- Principal officer (990 for 2025)
- Ken Churchill, 900 S Preston Road 50-507, Prosper, TX 75078
- Principal officer (990-N for 2020)
- KEN CHURCHILL, 5729 LEBANON RD 144-112, FRISCO TX 75034
- Signed the 990
- Ken Churchill, President
- Phone
- (972) 787-9901
- Return prepared by
- Swift Philanthropy
Mission
Talented Ventures designs and diagnoses societal conditions to operate effective change models for our time. We solve problems by listening, gathering, and deploying teams to bring healing.
Program accomplishments
- During 2025, Talented Ventures and its partners enhanced our community located at medical institutions focused on understanding and practicing healthcare ethics. We also worked with scholars to promote forgiving as a daily practice among people globally.Expenses $59,355
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
- 85-3795804
- 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
- 2021
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Religion-related (X20)
- Assets (IRS master file)
- $14,612
- Income (IRS master file)
- $57,862
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | – | – | – | IRS |
| 990 | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $309,476 | $266,275 | $92,213 | IRS |
| 990 | December 2022 | $206,551 | $163,661 | $42,745 | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-N for 2020 Officer: KEN CHURCHILL | December 31, 2020 | ≤ $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 TALENTED FOUNDATION
- What is the EIN of TALENTED FOUNDATION?
- The employer identification number (EIN) of TALENTED FOUNDATION is 85-3795804.
- Is TALENTED FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to TALENTED FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TALENTED FOUNDATION 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 TALENTED FOUNDATION 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 TALENTED FOUNDATION 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 TALENTED FOUNDATION?
- The 990 for the year ended December 31, 2025 names Ken Churchill.
- Who are the officers and directors of TALENTED FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 3 people; 1 received compensation from the organization, the highest $58,484 (Ken Churchill, President/Secretary/Director).
- How much revenue does TALENTED FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $57,862, expenses of $75,831 and total assets of $14,612 at year end.
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