Nonprofit · EIN 87-4046998
661 FOUNDATION
Tax-exempt · SALT LAKE CTY, UT 84101
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,520,000 | $1,581,592 | -$61,592 | $68,830 | $0 | $68,830 |
| December 31, 2023 | 990 | $12,500,000 | $12,519,165 | -$19,165 | $130,422 | $0 | $130,422 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,520,000
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $1,491,998
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $8,875
- Accounting fees
- $3,492
- Travel
- $10,361
- Program services (functional)
- $1,554,039
- Management and general (functional)
- $27,553
Balance sheet and other
- Total assets, start of year
- $130,422
- Total assets, end of year
- $68,830
- Total liabilities, end of year
- $0
- Net assets, end of year
- $68,830
- Net assets without donor restrictions
- $68,830
- Gross receipts
- $1,520,000
- Employees
- 0
- Year formed
- 2021
- State of legal domicile
- UT
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 |
|---|---|---|---|
| W Nathan Franklin | President/Dir Trustee or director, Officer | 1 | $0 |
| Tawnia Franklin | Treas/Sec/Dir Trustee or director, Officer | 1 | $0 |
| Richard Watts | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| W Nathan Franklin | President/Dir Trustee or director, Officer | 1 | $0 |
| Tawnia Franklin | Treas/Sec/Dir Trustee or director, Officer | 1 | $0 |
| Richard Watts | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 222 S MAIN ST STE 2200, SALT LAKE CTY, UT 84101-2194
- In care of
- % W NATHAN FRANKLIN
- Mailing address (990-N for 2021)
- 222 South Main Street Suite 2200, Salt Lake City UT 84101
- Principal officer (990 for 2024)
- W Nathan Franklin, 222 S Main Street 2200, Salt Lake City, UT 84101
- Principal officer (990-N for 2021)
- William Nathan Franklin, 222 South Main Street Suite 2200, Salt Lake City UT 84101
- Signed the 990
- W Nathan Franklin, President/Dir
- Phone
- (801) 799-5800
- Return prepared by
- Holland & Hart LLP
Mission
The Foundation intends to work with the Bakersfield community and schools to support the construction of a competitive swimming pool/aquatic center. The Foundation also intends to work with the San Juan Capistrano community to possibly build a similar swimming pool/aquatic center in San Juan Capistrano. In addition, the Foundation will support both the Bakersfield and San Juan Capistrano communities as needed.
Program accomplishments
- General support for The Church of Jesus Christ of Latter-day Saints to help all of Gods children come to Jesus Christ through learning about His gospel, making and keeping promises with God, and practicing Christlike love and service.Expenses $860,000 · grants $860,000
- Additional expenses paid on behalf of the City of San Juan Capistrano for design plans and renderings for fountain to be constructed on city property to benefit the San Juan Capistrano community ($48,894), and grant to construct fountain ($411,131).Expenses $460,025 · grants $411,131
- General support for the JSerra Catholic High School which provides students in grades 9 through 12 with an individualized education in a faith-based, character-building setting. JSerra offers a warmly ecumenical approach and welcomes students and families of all faith backgrounds while passionately embracing its Catholic heritage.Expenses $90,000 · grants $90,000
- To support the San Juan Capistrano Little League, which is a public, nonprofit, 501(c)(3) foundation committed to serving the communities of San Juan Capistrano, Dana Point, Capo Beach and Ranch Mission Viejo by supporting thousands of children playing ball at the fields of Old Majors ballpark, located in historic downtown San Juan Capistrano. This grant was provided to build a new score board at Old Majors ballpark.Expenses $62,673
- Consulting and marketing expense to enhance the use of the Kern High School pool by creating and marketing a swim club.Expenses $62,041
- To support the Kern High School District Education Foundation, which is a public, nonprofit, 501(c)(3) foundation committed to supporting specific Kern High School District programs. This grant was provided to fund the design and construction of a swimming pool at the Kern High School.Expenses $19,300 · grants $19,300
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
- 87-4046998
- 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)
- Recreation and sports (N12)
- Assets (IRS master file)
- $68,830
- Income (IRS master file)
- $1,520,000
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,520,000 | $1,581,592 | $68,830 | IRS |
| 990 | December 2023 | $12,500,000 | $12,519,165 | $130,422 | XML |
| 990 | December 2022 | $1,705,001 | $1,555,414 | $149,587 | IRS |
| 990-N for 2021 Officer: William Nathan Franklin | December 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
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 87-4046998).
Questions about 661 FOUNDATION
- What is the EIN of 661 FOUNDATION?
- The employer identification number (EIN) of 661 FOUNDATION is 87-4046998.
- Is 661 FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to 661 FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does 661 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 661 FOUNDATION 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 661 FOUNDATION 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 661 FOUNDATION?
- The 990 for the year ended December 31, 2024 names W Nathan Franklin.
- Who are the officers and directors of 661 FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does 661 FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,520,000, expenses of $1,581,592 and total assets of $68,830 at year end.
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All nonprofits in SALT LAKE CTY · Utah · Recreation and sports