Nonprofit · EIN 88-6803690
PARAKALEO FOUNDATION
Also known as KRYSTAL P SCOTT TTEE
Tax-exempt · SPRING, TX 77393
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $597,345 | $480,546 | $116,799 | $7,821,717 | $0 | $7,821,717 |
| December 31, 2024 | 990-PF | $4,661,694 | $685,014 | $3,976,680 | $7,704,918 | $0 | $7,704,918 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $350,000
- Interest
- $247,345
Expenses
- Grants and similar amounts paid
- $475,698
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $477,498
- Excise tax on investment income
- $3,438
Balance sheet and other
- Total assets, start of year
- $7,704,918
- Total assets, end of year
- $7,821,717
- Total liabilities, end of year
- $0
- Net assets, end of year
- $7,821,717
- Fair market value of assets
- $7,821,717
- Qualifying distributions
- $477,498
- Net investment income
- $247,345
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WALLACE RYAN SCOTT PO BOX 130821, SPRING, TX 77393 | DIRECTOR | 0 | $0 |
| KRYSTAL PFLUGER SCOTT PO BOX 130821, SPRING, TX 77393 | DIRECTOR | 0 | $0 |
990-PF for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WALLACE RYAN SCOTT PO BOX 130821, SPRING, TX 77393 | DIRECTOR | 0 | $0 |
| KRYSTAL PFLUGER SCOTT PO BOX 130821, SPRING, TX 77393 | DIRECTOR | 0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 130821, SPRING, TX 77393-0821
- Signed the 990-PF
- KRYSTAL PFLUGER SCOTT, DIRECTOR
- Phone
- (832) 741-1241
- Return prepared by
- JACK W OLDS & COMPANY LLP
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 | 990-PF 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
- 88-6803690
- 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
- 2023
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $7,821,717
- Income (IRS master file)
- $597,345
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $597,345 | $480,546 | $7,821,717 | IRS |
| 990-PF | December 2024 | $4,661,694 | $685,014 | $7,704,918 | IRS |
| 990-PF | December 2023 | $954,638 | $236,370 | $3,728,238 | IRS |
| 990-PF | 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 88-6803690).
Questions about PARAKALEO FOUNDATION
- What is the EIN of PARAKALEO FOUNDATION?
- The employer identification number (EIN) of PARAKALEO FOUNDATION is 88-6803690.
- Is PARAKALEO FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to PARAKALEO FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does PARAKALEO FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of PARAKALEO FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PARAKALEO FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of PARAKALEO FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does PARAKALEO FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $597,345, expenses of $480,546 and total assets of $7,821,717 at year end.
Other nonprofits in SPRING
- ARABIAN WORLD PARTNERSHIP EIN 84-2247683 · last filed 990 for 2025
- WOLFORD CHARITABLE FOUNDATION EIN 33-2518340 · last filed 990-PF for 2024
- ANTHONY & LEA ANN HILDEBRANDT FAMILY FOUNDATION EIN 83-2509886 · last filed 990-PF for 2024
- VAZ-ALBUQUERQUE FAMILY CHARITABLE FOUNDATION EIN 45-4083806 · last filed 990-PF for 2024
- 12-31 EIN 88-2279325 · last filed 990 for 2025
- BEEHIVEFUND CORPORATION EIN 38-3602558 · last filed 990 for 2025
- J AND N LEHMANN FOUNDATION INC EIN 46-5354336 · last filed 990-PF for 2025
- THE CRUMP FOUNDATION EIN 76-0453687 · last filed 990-PF for 2025
All nonprofits in SPRING · Texas · Philanthropy, voluntarism and grantmaking foundations