Nonprofit · EIN 87-2352292
SIMOO SCHOLARSHIPS
Tax-exempt · LITTLE ELM, TX 76227
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $41,221 | $45,038 | -$3,817 | $9,421 | $13,238 | -$3,817 |
| December 31, 2023 | 990-EZ | $83,706 | $87,617 | -$3,911 | $11,602 | $15,513 | -$3,911 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $41,221
Expenses
- Grants and similar amounts paid
- $1,100
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $34,345
- Other expenses
- $9,593
Balance sheet and other
- Total assets, start of year
- $11,602
- Total assets, end of year
- $9,421
- Total liabilities, end of year
- $13,238
- Net assets, end of year
- -$3,817
- Cash, savings and investments
- $3,934
- Gross receipts
- $41,221
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-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jerry Hernandez | Foundation Mgr. | 10 | $0 |
| Andy Modawell | President | 0 | $0 |
| Cody Huneycutt | COO | 0 | $0 |
990-EZ for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jerry Hernandez | Foundation Mgr. | 10 | $0 |
| Andy Modawell | President | 0 | $0 |
| Cody Huneycutt | COO | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 860 SANDBOX DR, LITTLE ELM, TX 76227-1504
- In care of
- % JERRY HERNANDEZ JR
- Mailing address (990-N for 2025)
- 860 Sandbox Drive, Aubrey TX 76227
- Principal officer (990-N for 2025)
- Jerry Hernandez, 860 Sandbox Drive, Aubrey TX 76227
- Signed the 990-EZ
- Jerry Hernandez, Foundation Mgr.
- Phone
- (469) 853-2613
- Return prepared by
- Smith Jackson Boyer & Bovard PLLC
Mission
Provide education scholarships
Program accomplishments
- Provide Education Scholarshipsgrants $1,100
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-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 87-2352292
- 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-N (e-Postcard)
- Category (NTEE)
- Human services (P12)
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-N for 2025 Officer: Jerry Hernandez | December 31, 2025 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | December 2024 | $41,221 | $45,038 | $9,421 | XML |
| 990-EZ | December 2023 | $83,706 | $87,617 | $11,602 | XML |
| 990-N for 2022 Officer: JERRY HERNANDEZ | December 31, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | December 2022 | – | – | – | 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 87-2352292).
Questions about SIMOO SCHOLARSHIPS
- What is the EIN of SIMOO SCHOLARSHIPS?
- The employer identification number (EIN) of SIMOO SCHOLARSHIPS is 87-2352292.
- Is SIMOO SCHOLARSHIPS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to SIMOO SCHOLARSHIPS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SIMOO SCHOLARSHIPS file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of SIMOO SCHOLARSHIPS 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 SIMOO SCHOLARSHIPS 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 SIMOO SCHOLARSHIPS?
- The 990-N for 2025 names Jerry Hernandez.
- Who are the officers and directors of SIMOO SCHOLARSHIPS?
- The 990-EZ for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does SIMOO SCHOLARSHIPS have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $41,221, expenses of $45,038 and total assets of $9,421 at year end.
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- BEST FOR SENIORS INC EIN 46-2062962 · last filed 990-N for 2025
- DIVINE GRACE MINISTRIES EIN 30-1460690 · last filed 990-N for 2025
- GENERAL GRAND MASONIC CONGRESS YOUTH FUND INCORPORATED EIN 83-3000596 · last filed 990-N for 2025
- AWAKE NATIONS EIN 86-3018290 · last filed 990-N for 2025
- SEABREEZE FOUNDATION EIN 87-3412045 · last filed 990-N for 2025
- AND WE S T A R S EIN 86-3562885 · last filed 990-N for 2023
- WER1TRIBE EIN 86-1630153 · last filed 990-N for 2025