Nonprofit · EIN 88-3608873
BURRESS FAMILY FOUNDATION
Tax-exempt · MCKINNEY, TX 75072
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $85,752 | $82,179 | $3,573 | $71,583 | $0 | $71,583 |
| December 31, 2023 | 990-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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JASON BURRESS | EXECUTIVE DIRECTOR | 5 | $0 |
| CHRISTINA BURRESS | DIRECTOR | 2 | $0 |
| KYLE CARLTON | DIRECTOR | 0.25 | $0 |
990-EZ for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JASON BURRESS | EXECUTIVE DIRECTOR | 5 | $0 |
| CHRISTINA BURRESS | DIRECTOR | 2 | $0 |
| KYLE CARLTON | DIRECTOR | 0.25 | $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.
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 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-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-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
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $85,752 | $82,179 | $71,583 | XML |
| 990-EZ | December 2023 | $75,102 | $66,147 | $68,010 | IRS |
| 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 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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