Nonprofit · EIN 87-4158937
TALOR GOOCH FOUNDATION INC
Tax-exempt · NORMAN, OK 73069
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $410,360 | $389,937 | $20,423 | $298,261 | $12,994 | $285,267 |
| December 31, 2023 | 990 | $346,979 | $464,692 | -$117,713 | $270,716 | $5,872 | $264,844 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $66,401
- Program service revenue
- $0
- Investment income
- $9,985
- Net income from fundraising events
- $333,974
- Other revenue
- $333,974
Expenses
- Grants and similar amounts paid
- $238,667
- Compensation of officers, directors and key employees
- $72,903
- Salaries, compensation and benefits (total)
- $72,903
- Professional fundraising fees
- $0
- Legal fees
- $2,198
- Travel
- $32,389
- Program services (functional)
- $335,914
- Management and general (functional)
- $21,607
- Fundraising (functional)
- $32,416
Balance sheet and other
- Total assets, start of year
- $270,716
- Total assets, end of year
- $298,261
- Total liabilities, end of year
- $12,994
- Net assets, end of year
- $285,267
- Gross receipts
- $599,808
- Employees
- 0
- Year formed
- 2021
- State of legal domicile
- OK
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 |
|---|---|---|---|
| Kelsey Cline | Director & Secr Trustee or director, Officer | 40 | $72,903 |
| Talor Gooch | Director & Pres Trustee or director, Officer | 2 | $0 |
| Jeff Jones | Director Trustee or director | 2 | $0 |
| Elizabeth Gooch | Vice President Officer | 2 | $0 |
| Austin Manger | Treasurer Officer | 2 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kelsey Cline | Director & Secr Trustee or director, Officer | 40 | $90,926 |
| Talor Gooch | Director & Pres Trustee or director, Officer | 2 | $0 |
| Jeff Jones | Director Trustee or director | 2 | $0 |
| Elizabeth Gooch | Vice President Officer | 2 | $0 |
| Austin Manger | Treasurer Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 2401 TEE CIR STE 103, NORMAN, OK 73069-6207
- In care of
- % JEFF JONES
- Mailing address (990-N for 2021)
- 2401 Tee Circle Ste 103, Norman OK 73069
- Principal officer (990 for 2024)
- Talor Gooch, 2401 Tee Circle 103, Norman, OK 73069
- Principal officer (990-N for 2021)
- Talor Gooch, 2401 Tee Circle Ste 103, Norman OK 73069
- Signed the 990
- Talor Gooch, President
- Phone
- (405) 360-2282
- Website
- talorgoochfoundation.org
- Return prepared by
- RICHISON & JONES PLLC
Mission
The Foundation's primary charitable purpose is to provide grant funding to tax- exempt organizations recognized under Section 501(c)(3) of the United States Internal Revenue Code of 1986, as amended, that support a variety of philanthropic initiatives, programs and activities addressing a qualified charitable purpose that are of particular interest to its Board of Directors.
Program accomplishments
- Since inception, the Foundation has provided $622,477 in funding to qualifying charitable purposes in accordance with its stated mission.Expenses $335,914 · grants $238,667
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
- 87-4158937
- 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)
- Philanthropy, voluntarism and grantmaking foundations (T30)
- Assets (IRS master file)
- $298,261
- Income (IRS master file)
- $599,808
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $410,360 | $389,937 | $298,261 | XML |
| 990 | December 2023 | $346,979 | $464,692 | $270,716 | XML |
| 990 | December 2022 | $513,483 | $250,926 | $382,557 | IRS |
| 990-N for 2021 Officer: Talor Gooch | December 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
| 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 87-4158937).
Questions about TALOR GOOCH FOUNDATION INC
- What is the EIN of TALOR GOOCH FOUNDATION INC?
- The employer identification number (EIN) of TALOR GOOCH FOUNDATION INC is 87-4158937.
- Is TALOR GOOCH FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to TALOR GOOCH FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TALOR GOOCH 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 TALOR GOOCH 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 TALOR GOOCH FOUNDATION 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 TALOR GOOCH FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names Talor Gooch.
- Who are the officers and directors of TALOR GOOCH FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $72,903 (Kelsey Cline, Director & Secr).
- How much revenue does TALOR GOOCH FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $410,360, expenses of $389,937 and total assets of $298,261 at year end.
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All nonprofits in NORMAN · Oklahoma · Philanthropy, voluntarism and grantmaking foundations