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Nonprofit · EIN 86-1902432

SOUTHWEST INNOVATION RESEARCH LAB

Tax-exempt (reinstated) · COLLEGE STA, TX 77840

Financials

$300K$61K2023
Revenue Expenses · by fiscal year end
Financials of SOUTHWEST INNOVATION RESEARCH LAB by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990$300,000$61,263$238,737$239,766$0$239,766
Financial details: 990 for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$300,000
Program service revenue
$0
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
$40,665
Salaries, compensation and benefits (total)
$40,665
Professional fundraising fees
$0
Program services (functional)
$16,174
Management and general (functional)
$38,582
Fundraising (functional)
$6,507

Balance sheet and other

Total assets, start of year
$1,029
Total assets, end of year
$239,766
Total liabilities, end of year
$0
Net assets, end of year
$239,766
Land, buildings and equipment
$1,029
Gross receipts
$300,000
Employees
0
Volunteers
4
Year formed
2021
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.

NameTitleHours / weekCompensation
Korok RayPresident
Officer
20$0
Jeffrey FrazeeDirector
Officer
5$0
Sivakumar RathinamDirector
Officer
5$0

Address and contacts

Address (IRS master file)
900 ASHBURN AVE, COLLEGE STA, TX 77840-2302
Mailing address (990-N for 2024)
2220 TEXAS AVE S, COLLEGE STATION TX 77840
Principal officer (990 for 2023)
Korok Ray, 900 ASHBURN AVE, COLLEGE STA, TX 77840
Principal officer (990-N for 2024)
Korok Ray, 900 ASHBURN AVE, COLLEGE STA TX 77840
Signed the 990
Korok Ray, President

Mission

The mission of Southwest Innovation Research Lab SwIRL is to expand access to hands-on STEM education for youth in the Bryan-College Station area. We support and coordinate student-led initiatives that deliver technology camps maker space programs and mentorship opportunities aimed at inspiring the next generation of innovators.

990 for the year ended December 31, 2023

Program accomplishments

  • The organization hosts a weekly program tailored for children within the community offering engaging STEM Science Technology Engineering and Mathematics activities. This initiative aims to foster curiosity creativity and a passion for learning in young minds through hands-on experiences and interactive projects. Through this program children have the opportunity to explore various STEM concepts in a fun and educational environment helping to inspire the next generation of innovators and problem-solvers.
    Expenses $16,175

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-N on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
86-1902432
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
2025
Accounting year ends
December
Files
Form 990-N (e-Postcard)

Revocation and reinstatement

Exemption revoked
May 15, 2024
Posted by the IRS
August 12, 2024
Reinstated
Effective May 15, 2024

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2024
Officer: Korok Ray
December 31, 2024≤ $50,000 receipts––e-Postcard
990December 2023$300,000$61,263$239,766XML
990-N for 2022
Officer: Korok Ray
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 86-1902432).

Questions about SOUTHWEST INNOVATION RESEARCH LAB

What is the EIN of SOUTHWEST INNOVATION RESEARCH LAB?
The employer identification number (EIN) of SOUTHWEST INNOVATION RESEARCH LAB is 86-1902432.
Is SOUTHWEST INNOVATION RESEARCH LAB tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2024 and reinstated it effective May 15, 2024.
Are donations to SOUTHWEST INNOVATION RESEARCH LAB tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SOUTHWEST INNOVATION RESEARCH LAB file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of SOUTHWEST INNOVATION RESEARCH LAB 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 SOUTHWEST INNOVATION RESEARCH LAB last file with the IRS?
The latest return in the IRS public files is the 990-N for 2024 for the year ended December 31, 2024.
Who is the principal officer of SOUTHWEST INNOVATION RESEARCH LAB?
The 990 for the year ended December 31, 2023 names Korok Ray.
Who are the officers and directors of SOUTHWEST INNOVATION RESEARCH LAB?
The 990 for the year ended December 31, 2023 lists 3 people; 0 received compensation from the organization.
How much revenue does SOUTHWEST INNOVATION RESEARCH LAB have?
On its 990 for the year ended December 31, 2023 it reported revenue of $300,000, expenses of $61,263 and total assets of $239,766 at year end.

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