Nonprofit · EIN 87-1569770
DONATESTOCK CHARITABLE INC
Tax-exempt · HOUSTON, TX 77007
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $12,796,089 | $10,867,822 | $1,928,267 | $2,345,115 | $1,896 | $2,343,219 |
| December 31, 2023 | 990 | $5,095,831 | $5,445,995 | -$350,164 | $408,955 | -$4,188 | $413,143 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $12,778,129
- Program service revenue
- $0
- Investment income
- $17,960
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $10,585,357
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $786
- Accounting fees
- $4,525
- Program services (functional)
- $10,867,036
- Fundraising (functional)
- $786
Balance sheet and other
- Total assets, start of year
- $408,955
- Total assets, end of year
- $2,345,115
- Total liabilities, end of year
- $1,896
- Net assets, end of year
- $2,343,219
- Publicly traded securities
- $2,111,515
- Net assets without donor restrictions
- $2,343,219
- Gross receipts
- $12,796,089
- Employees
- 0
- 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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Steve Latham | Chairman Trustee or director | 4 | $0 |
| Anthony Chukumba | Director Trustee or director | 0.5 | $0 |
| Vanessa Chambers | Director Trustee or director | 0.5 | $0 |
| Berna Barshay | Secretary Trustee or director | 0.5 | $0 |
| Jean Vendice | Treasurer Trustee or director | 0.5 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Anthony Chukumba | Director Trustee or director | 0.5 | $0 |
| Vanessa Chambers | Director Trustee or director | 0.5 | $0 |
| Berna Barshay | Secretary Trustee or director | 0.5 | $0 |
| Jean Vendice | Treasurer Trustee or director | 0.5 | $0 |
| Steve Latham | Chairman Officer | 4 | $0 |
Address and contacts
- Address (IRS master file)
- 6501 PICKENS ST, HOUSTON, TX 77007-2093
- Principal officer (990 for 2024)
- Steve Latham, 6501 Pickens St, Houston, TX 77007
- Signed the 990
- Steve Latham, Chairman
- Phone
- (646) 919-1809
- Return prepared by
- Brent Janss CPA PLLC
Mission
Help nonprofits diversify and grow sources of funding by facilitating charitable stock gifting.
Program accomplishments
- Asa Fiscal sponsor, Donatestock Charitable facilitated more than 800+ stock donations to more than 300 charitable organizations in our second fiscal year. The vast majority of these Orgs were previously excluded from stock gifting as they did not have a brokerage account. Those with accounts saved countless hours manually processing stock gifts, enabling to focus more of their resources on their mission.Expenses $10,867,036 · grants $10,585,357 · revenue $13,035,971
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 | Not 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
- 87-1569770
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2021
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Public and societal benefit (W12)
- Assets (IRS master file)
- $2,345,115
- Income (IRS master file)
- $12,796,089
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $12,796,089 | $10,867,822 | $2,345,115 | XML |
| 990 | December 2023 | $5,095,831 | $5,445,995 | $408,955 | XML |
| 990 | December 2022 | $9,373,136 | $8,971,558 | $790,466 | IRS |
| 990-EZ | 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 87-1569770).
Questions about DONATESTOCK CHARITABLE INC
- What is the EIN of DONATESTOCK CHARITABLE INC?
- The employer identification number (EIN) of DONATESTOCK CHARITABLE INC is 87-1569770.
- Is DONATESTOCK CHARITABLE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to DONATESTOCK CHARITABLE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DONATESTOCK CHARITABLE 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 DONATESTOCK CHARITABLE INC 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 DONATESTOCK CHARITABLE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of DONATESTOCK CHARITABLE INC?
- The 990 for the year ended December 31, 2024 names Steve Latham.
- Who are the officers and directors of DONATESTOCK CHARITABLE INC?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does DONATESTOCK CHARITABLE INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $12,796,089, expenses of $10,867,822 and total assets of $2,345,115 at year end.
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