Nonprofit · EIN 85-4363129
DRIFTWOOD COMMUNITY VENTURES
Tax-exempt · AUSTIN, TX 78705
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2023 | 990 | $818,977 | $900,498 | -$81,521 | $128,899 | $210,190 | -$81,291 |
Financial details: 990 for the year ended December 31, 2023
Revenue
- Contributions, gifts and grants
- $3,531
- Program service revenue
- $815,446
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $67,463
- Salaries, compensation and benefits (total)
- $82,253
- Professional fundraising fees
- $0
- Occupancy
- $114
- Travel
- $142
- Program services (functional)
- $809,094
- Management and general (functional)
- $38,927
- Fundraising (functional)
- $52,477
Balance sheet and other
- Total assets, start of year
- $0
- Total assets, end of year
- $128,899
- Total liabilities, end of year
- $210,190
- Net assets, end of year
- -$81,291
- Gross receipts
- $818,977
- Employees
- 2
- Volunteers
- 1
- 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, 2023, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Michael Huffman | Executive Director Officer | 2 | $0 |
| Erin Morgan | Board Member Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 1101 WEST 34TH ST STE 140, AUSTIN, TX 78705-1907
- In care of
- % ERIN MORGAN
- Mailing address (990-N for 2025)
- 1101 West 34th St Ste 140, Austin TX 78705
- Principal officer (990 for 2023)
- Erin Morgan, 1101 West 34th St, 140, Austin, TX 78702
- Principal officer (990-N for 2025)
- Erin Morgan, 1101 West 34th St Ste 140, Austin TX 78705
- Signed the 990
- Erin Morgan, CFO
- Phone
- (512) 893-3933
Mission
To provide educational and charitable services to non-profit organizations considering or embarking upon a renovation project.
Program accomplishments
- Relocated Austin Lighthouse-Travis Association for the Blinds laundry services by consulting coordinating design and assisting with permitting services as needed for the install in a new location.Expenses $776,232 · revenue $776,081
- Assisted with the design and development of a sleep study room for the blind.Expenses $24,631 · revenue $35,125
- Moving services provided to Austin Lighthouse-Travis Association for the Blind. Supervised and facilitated.Expenses $5,326 · revenue $4,240
- Other program related expensesExpenses $2,905
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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-N on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-N on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 85-4363129
- 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-N (e-Postcard)
- Category (NTEE)
- Community improvement and capacity building (S99)
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-N for 2025 Officer: Erin Morgan | December 31, 2025 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2024 Officer: Erin Morgan | December 31, 2024 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990 | December 2023 | $818,977 | $900,498 | $128,899 | XML |
| 990-N for 2022 Officer: Erin Morgan | December 31, 2022 | ≤ $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 85-4363129).
Questions about DRIFTWOOD COMMUNITY VENTURES
- What is the EIN of DRIFTWOOD COMMUNITY VENTURES?
- The employer identification number (EIN) of DRIFTWOOD COMMUNITY VENTURES is 85-4363129.
- Is DRIFTWOOD COMMUNITY VENTURES tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to DRIFTWOOD COMMUNITY VENTURES tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DRIFTWOOD COMMUNITY VENTURES file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of DRIFTWOOD COMMUNITY VENTURES 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 DRIFTWOOD COMMUNITY VENTURES last file with the IRS?
- The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
- Who is the principal officer of DRIFTWOOD COMMUNITY VENTURES?
- The 990 for the year ended December 31, 2023 names Erin Morgan.
- Who are the officers and directors of DRIFTWOOD COMMUNITY VENTURES?
- The 990 for the year ended December 31, 2023 lists 2 people; 0 received compensation from the organization.
- How much revenue does DRIFTWOOD COMMUNITY VENTURES have?
- On its 990 for the year ended December 31, 2023 it reported revenue of $818,977, expenses of $900,498 and total assets of $128,899 at year end.
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