Nonprofit · EIN 87-2369633
WHEAT FAMILY FOUNDATION INC
Tax-exempt · PRESCOTT, AZ 86305
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $2,574 | $19,273 | -$16,699 | $130,086 | $0 | $130,086 |
| December 31, 2023 | 990-PF | $5,054 | $15,120 | -$10,066 | $146,785 | $0 | $146,785 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $2,158
- Interest
- $663
- Net gain from sales of assets
- -$247
Expenses
- Grants and similar amounts paid
- $16,000
- Disbursements for charitable purposes
- $16,000
Balance sheet and other
- Total assets, start of year
- $146,785
- Total assets, end of year
- $130,086
- Total liabilities, end of year
- $0
- Net assets, end of year
- $130,086
- Fair market value of assets
- $155,316
- Qualifying distributions
- $16,000
- Net investment income
- $2,821
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-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Ronald Wheat 1768 Ramsgate Dr, Prescott, AZ 86305 | President | 0.5 | $0 |
| Marcia Wheat 1768 Ramsgate Dr, Prescott, AZ 86305 | Secretary | 0.5 | $0 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Ronald Wheat 1768 Ramsgate Dr, Prescott, AZ 86305 | President | 0.5 | $0 |
| Marcia Wheat 1768 Ramsgate Dr, Prescott, AZ 86305 | Secretary | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 1768 RAMSGATE DR, PRESCOTT, AZ 86305-5003
- Signed the 990-PF
- Ronald Wheat, President
- Phone
- (602) 370-3706
- Return prepared by
- POTENZA CPA PC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. 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-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 87-2369633
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2022
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $130,086
- Income (IRS master file)
- $42,616
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $2,574 | $19,273 | $130,086 | XML |
| 990-PF | December 2023 | $5,054 | $15,120 | $146,785 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | 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 87-2369633).
Questions about WHEAT FAMILY FOUNDATION INC
- What is the EIN of WHEAT FAMILY FOUNDATION INC?
- The employer identification number (EIN) of WHEAT FAMILY FOUNDATION INC is 87-2369633.
- Is WHEAT FAMILY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to WHEAT FAMILY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does WHEAT FAMILY FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of WHEAT FAMILY FOUNDATION 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 WHEAT FAMILY FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of WHEAT FAMILY FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
- How much revenue does WHEAT FAMILY FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $2,574, expenses of $19,273 and total assets of $130,086 at year end.
Other nonprofits in PRESCOTT
- THE HAROLD JAMES FAMILY TRUST EIN 86-6158195 · last filed 990-PF for 2025
- PERRY AND SANDY MASSIE FOUNDATION EIN 20-0491239 · last filed 990-PF for 2025
- SOCIAL JUSTICE CHARITABLE FOUNDATION EIN 81-4209869 · last filed 990-PF for 2024
- REESE FAMILY FOUNDATION EIN 36-5069755 · last filed 990-PF for 2025
- UNITED WAY OF YAVAPAI COUNTY INC EIN 86-0610730 · last filed 990 for 2024
- ERIC MARSH FOUNDATION FOR WILDLAND FIREFIGHTERS EIN 46-5441458 · last filed 990 for 2025
- THE M & J KAISER FOUNDATION EIN 27-4134794 · last filed 990-PF for 2025
- JEWISH COMMUNITY FOUNDATION OF GREATER PRESCOTT EIN 86-0941893 · last filed 990 for 2025
All nonprofits in PRESCOTT · Arizona · Philanthropy, voluntarism and grantmaking foundations