Nonprofit · EIN 86-2537862
NWTI EDUCATION FOUNDATION
Tax-exempt · SPRINGDALE, AR 72764
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $2,619,674 | $552,100 | $2,067,574 | $6,368,849 | $0 | $6,368,849 |
| December 31, 2024 | 990 | $2,063,046 | $18,110 | $2,044,936 | $7,261,877 | $0 | $7,261,877 |
| December 31, 2023 | 990 | $3,589,626 | $95,157 | $3,494,469 | $5,091,655 | $9,811 | $5,081,844 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $2,531,644
- Program service revenue
- $0
- Investment income
- $88,030
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $244,820
- Other salaries and wages
- $208,116
- Salaries, compensation and benefits (total)
- $208,116
- Professional fundraising fees
- $0
- Legal fees
- $2,575
- Accounting fees
- $18,062
- Occupancy
- $7,313
- Travel
- $1,545
- Program services (functional)
- $452,936
- Management and general (functional)
- $99,164
Balance sheet and other
- Total assets, start of year
- $6,525,506
- Total assets, end of year
- $6,368,849
- Total liabilities, end of year
- $0
- Net assets, end of year
- $6,368,849
- Land, buildings and equipment
- $736,371
- Net assets without donor restrictions
- $3,547,526
- Net assets with donor restrictions
- $2,821,323
- Gross receipts
- $2,619,674
- Employees
- 0
- Year formed
- 2021
- State of legal domicile
- AR
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 |
|---|---|---|---|
| DAN DOUGLAS | President Trustee or director, Officer | 2 | $0 |
| MIKE WRIGHT | VicePresident Trustee or director, Officer | 2 | $0 |
| TOM FREKING | Secretary Trustee or director, Officer | 2 | $0 |
| KEITH UNDERHILL | Treasurer Trustee or director, Officer | 2 | $0 |
990 for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAN DOUGLAS | President Trustee or director, Officer | 2 | $0 |
| TOM FREKING | Vice President Trustee or director, Officer | 2 | $0 |
| LARRA DONALDSON | Secretary Trustee or director, Officer | 2 | $0 |
| KEITH UNDERHILL | Treasurer Trustee or director, Officer | 2 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Donaldson Larra | Secretary Trustee or director, Officer | 2 | $0 |
| Douglas Dan | President Trustee or director, Officer | 2 | $0 |
| Freking Tom | Vice President Trustee or director, Officer | 2 | $0 |
| Gibson Don | Member Trustee or director | 1 | $0 |
| Grayson Angela | Member Trustee or director | 1 | $0 |
| Rollins Dr Joe | Member Trustee or director | 1 | $0 |
| Underhill Keith | Treasurer Trustee or director, Officer | 2 | $0 |
| Wright Michael | Member Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 709 S OLD MISSOURI RD, SPRINGDALE, AR 72764-1142
- In care of
- % DAN DOUGLAS
- Principal officer (990 for 2025)
- Dan Douglas, 709 South Old Missouri Rd, Springdale, AR 72764
- Signed the 990
- DAN DOUGLAS, President
- Phone
- (479) 751-8824
- Return prepared by
- SOONER STATE BUSINESS SOLUTIONS
Mission
Providing and promoting educational opportunities for NWTI, its students and staff. Providing and promoting opportunities including, but not limited to education, facilities, fundraising and scholarships.
Program accomplishments
- ScholarshipsExpenses $244,820
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
- 86-2537862
- 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)
- Education (B82)
- Assets (IRS master file)
- $6,368,849
- Income (IRS master file)
- $2,619,674
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $2,619,674 | $552,100 | $6,368,849 | XML |
| 990 | December 2024 | $2,063,046 | $18,110 | $7,261,877 | XML |
| 990 | December 2023 | $3,589,626 | $95,157 | $5,091,655 | XML |
| 990 | December 2022 | $1,637,875 | $324,780 | $1,587,375 | IRS |
| 990 | 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 86-2537862).
Questions about NWTI EDUCATION FOUNDATION
- What is the EIN of NWTI EDUCATION FOUNDATION?
- The employer identification number (EIN) of NWTI EDUCATION FOUNDATION is 86-2537862.
- Is NWTI EDUCATION FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to NWTI EDUCATION FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NWTI EDUCATION 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 NWTI EDUCATION 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 NWTI EDUCATION 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 NWTI EDUCATION FOUNDATION?
- The 990 for the year ended December 31, 2025 names Dan Douglas.
- Who are the officers and directors of NWTI EDUCATION FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does NWTI EDUCATION FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $2,619,674, expenses of $552,100 and total assets of $6,368,849 at year end.
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