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Nonprofit · EIN 88-3608873

BURRESS FAMILY FOUNDATION

Tax-exempt · MCKINNEY, TX 75072

Financials

$75K$66K2023$86K$82K2024
Revenue Expenses · by fiscal year end
Financials of BURRESS FAMILY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$85,752$82,179$3,573$71,583$0$71,583
December 31, 2023990-EZ$75,102$66,147$8,955$68,010$0$68,010
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$84,750
Other revenue
$1,002

Expenses

Grants and similar amounts paid
$81,500
Compensation of officers, directors and key employees
$0
Other expenses
$679

Balance sheet and other

Total assets, start of year
$68,010
Total assets, end of year
$71,583
Total liabilities, end of year
$0
Net assets, end of year
$71,583
Cash, savings and investments
$71,583
Gross receipts
$85,752

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.

NameTitleHours / weekCompensation
JASON BURRESSEXECUTIVE DIRECTOR5$0
CHRISTINA BURRESSDIRECTOR2$0
KYLE CARLTONDIRECTOR0.25$0
990-EZ for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
JASON BURRESSEXECUTIVE DIRECTOR5$0
CHRISTINA BURRESSDIRECTOR2$0
KYLE CARLTONDIRECTOR0.25$0

Address and contacts

Address (IRS master file)
6952 MEDITERRANEAN DR, MCKINNEY, TX 75072-5574
In care of
% JASON K BURRESS
Signed the 990-EZ
JASON BURRESS, EXECUTIVE DIRECTOR
Phone
(214) 726-0016
Return prepared by
THE MB GROUP LLC

Mission

TO SUPPORT THE COMMUNITY, YOUTH, AND FIRST RESPONDERS THROUGH GRANTS, SCHOLARSHIPS AND GIVEBACK INITIATIVES.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • THE FOUNDATION PROVIDES FUNDING FOR LOCAL NON-PROFIT ORGANIZATIONS IN MCKINNEY, TX AND THE SURROUNDING COMMUNITIES WHO PROVIDE OPPORTUNITIES SUCH AS TRAINING AND EMPLOYMENT FOR INDIVIDUALS WITH DISABILITIES, EQUINE THERAPY, AND COMMUNITY OUTREACH TO PROVIDE VALUABLE AID AND SUPPORT TO THOSE IN NEED.
  • SCHOLARSHIPS ARE AWARDED TO DESERVING UNDERGRADUATE STUDENTS WHO HAVE DEMONSTRATED PERSEVERANCE IN THE FACE OF ADVERSITY AND WHO ARE WILLING TO USE THEIR EXPERIENCES TO MAKE A DIFFERENCE IN OUR COMMUNITY AND HELP OTHERS.

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
88-3608873
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
2025
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B82)
Assets (IRS master file)
$71,583
Income (IRS master file)
$85,752

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$85,752$82,179$71,583XML
990-EZDecember 2023$75,102$66,147$68,010IRS
990-EZDecember 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 88-3608873).

Questions about BURRESS FAMILY FOUNDATION

What is the EIN of BURRESS FAMILY FOUNDATION?
The employer identification number (EIN) of BURRESS FAMILY FOUNDATION is 88-3608873.
Is BURRESS FAMILY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2025.
Are donations to BURRESS FAMILY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BURRESS FAMILY 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 BURRESS FAMILY 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 BURRESS FAMILY FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of BURRESS FAMILY FOUNDATION?
The 990-EZ for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does BURRESS FAMILY FOUNDATION have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $85,752, expenses of $82,179 and total assets of $71,583 at year end.

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