Nonprofit · EIN 86-2585929
TIMUQUANA CARES EMPLOYEE FOUNDATION INC
Tax-exempt · JACKSONVILLE, FL 32210
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $134,373 | $111,725 | $22,648 | $148,436 | $0 | $148,436 |
| December 31, 2024 | 990 | $76,607 | $46,366 | $30,241 | $125,788 | $0 | $125,788 |
| December 31, 2023 | 990 | $60,645 | $29,895 | $30,750 | $95,547 | $0 | $95,547 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $125,910
- Program service revenue
- $0
- Investment income
- $8,463
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $73,425
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $111,725
Balance sheet and other
- Total assets, start of year
- $125,788
- Total assets, end of year
- $148,436
- Total liabilities, end of year
- $0
- Net assets, end of year
- $148,436
- Publicly traded securities
- $117,535
- Net assets without donor restrictions
- $148,436
- Gross receipts
- $134,373
- Employees
- 0
- State of legal domicile
- FL
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 |
|---|---|---|---|
| GREG SHEARA | PRESIDENT Trustee or director, Officer | 2 | $0 |
| MICHAEL KELLEY | VICE PRESIDE Trustee or director, Officer | 1 | $0 |
| MICHAEL WACHHOLZ | TREASURER Trustee or director, Officer | 1 | $0 |
| KELLY WOODY | SECRETARY Trustee or director, Officer | 1 | $0 |
| CELESTE GREEN | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GREG SHEARA | PRESIDENT Trustee or director, Officer | 2 | $0 |
| MICHAEL OATES | VICE PRESIDE Trustee or director, Officer | 1 | $0 |
| MICHAEL WACHHOLZ | TREASURER Trustee or director, Officer | 1 | $0 |
| KELLY WOODY | SECRETARY Trustee or director, Officer | 1 | $0 |
| ERIC MANN | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ERIC MANN | BOARD MEMBER Trustee or director | 1 | $0 |
| MICHAEL OATES | VICE PRESIDE Trustee or director, Officer | 1 | $0 |
| GREG SHEARA | PRESIDENT Trustee or director, Officer | 2 | $0 |
| MICHAEL WACHHOLZ | TREASURER Trustee or director, Officer | 1 | $0 |
| KELLY WOODY | SECRETARY Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 4028 TIMUQUANA RD, JACKSONVILLE, FL 32210-8532
- In care of
- % GREGORY C SHEARA
- Principal officer (990 for 2025)
- GREG SHEARA, 4028 TIMUQUANA ROAD, JACKSONVILLE, FL 32210
- Signed the 990
- GREG SHEARA, PRESIDENT
- Phone
- (904) 388-2664
- Return prepared by
- RALSTON & COMPANY PA CPA
Mission
THE MISSION OF THE FOUNDATION IS TO CREATE OPPORTUNITIES FOR UNDERPRIVILEGED INDIVIDUALS TO PURSUE HIGHER EDUCATION AND TO PROVIDE IMMEDIATE RELIEF TO INDIVIDUALS AFFECTED BY EMERGENCY HARDSHIPS AND QUALIFIED DISASTERS.
Program accomplishments
- SCHOLARSHIP GRANT PROGRAM - CREATED TO AWARD FINANCIAL ASSISTANCE TO BENEFICIARIES PURSUING A DEGREE AT AN ACCREDITED COLLEGE OR UNIVERSITY.Expenses $111,725 · grants $73,425
- EMERGENCY HARDSHIP GRANT PROGRAM - CREATED TO PROVIDE FUNDS TO BENEFICIARIES IN THE CASE OF QUALIFIED DISASTERS AND EMERGENCY HARDSHIP SITUATIONS.
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
- 86-2585929
- 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 (B82)
- Assets (IRS master file)
- $148,436
- Income (IRS master file)
- $134,373
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $134,373 | $111,725 | $148,436 | XML |
| 990 | December 2024 | $76,607 | $46,366 | $125,788 | IRS |
| 990 | December 2023 | $60,645 | $29,895 | $95,547 | XML |
| 990 | December 2022 | $76,915 | $12,118 | $64,797 | 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 86-2585929).
Questions about TIMUQUANA CARES EMPLOYEE FOUNDATION INC
- What is the EIN of TIMUQUANA CARES EMPLOYEE FOUNDATION INC?
- The employer identification number (EIN) of TIMUQUANA CARES EMPLOYEE FOUNDATION INC is 86-2585929.
- Is TIMUQUANA CARES EMPLOYEE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to TIMUQUANA CARES EMPLOYEE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TIMUQUANA CARES EMPLOYEE FOUNDATION 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 TIMUQUANA CARES EMPLOYEE FOUNDATION INC 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 TIMUQUANA CARES EMPLOYEE FOUNDATION INC 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 TIMUQUANA CARES EMPLOYEE FOUNDATION INC?
- The 990 for the year ended December 31, 2025 names GREG SHEARA.
- Who are the officers and directors of TIMUQUANA CARES EMPLOYEE FOUNDATION INC?
- The 990 for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does TIMUQUANA CARES EMPLOYEE FOUNDATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $134,373, expenses of $111,725 and total assets of $148,436 at year end.
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