Nonprofit · EIN 90-0462618
DEREK TEELE FOUNDATION INC
Tax-exempt · PALM HARBOR, FL 34683
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $64,843 | $68,430 | -$3,587 | $48,172 | – | $48,172 |
| December 31, 2024 | 990-EZ | $71,428 | $71,024 | $404 | $51,759 | – | $51,759 |
| December 31, 2023 | 990-EZ | $75,174 | $63,403 | $11,771 | $51,355 | – | $51,355 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $64,843
Expenses
- Grants and similar amounts paid
- $39,404
- Compensation of officers, directors and key employees
- $0
- Other expenses
- $29,026
- Program services (functional)
- $68,431
Balance sheet and other
- Total assets, start of year
- $51,759
- Total assets, end of year
- $48,172
- Total liabilities, end of year
- –
- Net assets, end of year
- $48,172
- Cash, savings and investments
- $48,172
- Gross receipts
- $64,843
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Robert G Teele | President | 6 | $0 |
| Lisa J Teele Derousie | Director | 2 | $0 |
| Taylor Bittaker | Director | 4 | $0 |
| John Faulkner | Director | 0.5 | $0 |
| Danielle J Edwards | Vice President | 6 | $0 |
| Donald Karcher | Director | 1 | $0 |
| Maryann Blum | Director | 4 | $0 |
| Jessica Karcher | Director | 1 | $0 |
| Chris Iglesias | Director | 0.5 | $0 |
| Cody Jefferies | Director | 0.5 | $0 |
990-EZ for the year ended December 31, 2024: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Robert G Teele | President | 6 | $0 |
| Lisa J Teele Derousie | Director | 2 | $0 |
| Casey McMullen | Director | 1 | $0 |
| Taylor Bittaker | Director | 4 | $0 |
| John Faulkner | Director | 0.5 | $0 |
| Danielle J Edwards | Vice President | 6 | $0 |
| Donald Karcher | Director | 1 | $0 |
| Maryann Blum | Director | 4 | $0 |
| Jessica Karcher | Director | 1 | $0 |
| Chris Iglesias | Director | 0.5 | $0 |
| Cody Jefferies | Director | 0.5 | $0 |
990-EZ for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Robert G Teele | President | 6 | $0 |
| Lisa J Teele Derousie | Director | 2 | $0 |
| Casey McMullen | Director | 2 | $0 |
| Taylor Bittaker | Director | 2 | $0 |
| John Faulkner | Director | 0.5 | $0 |
| Danielle J Edwards | Vice President | 6 | $0 |
| Donald Karcher | Director | 1 | $0 |
| Maryann Blum | Director | 4 | $0 |
| Jessica Karcher | Director | 1 | $0 |
| Chris Iglesias | Director | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 204 HAMMOCK DR, PALM HARBOR, FL 34683-5625
- In care of
- % LISA J TEELE
- Signed the 990-EZ
- Robert G Teele, President
- Phone
- (727) 430-1277
- Website
- derekteelefoundation.com
- Return prepared by
- ACTS CPAs & Advisors PLLC
Mission
The purpose of the foundation is to provide financial support to local organizations and individuals in need
Program accomplishments
- The purpose of the foundation is to provide financial support to local organizations and individuals in needExpenses $68,431
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 | 990-EZ 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
- 90-0462618
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2010
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T31)
- Assets (IRS master file)
- $48,172
- Income (IRS master file)
- $64,843
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $64,843 | $68,430 | $48,172 | XML |
| 990-EZ | December 2024 | $71,428 | $71,024 | $51,759 | XML |
| 990-EZ | December 2023 | $75,174 | $63,403 | $51,355 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | 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 90-0462618).
Questions about DEREK TEELE FOUNDATION INC
- What is the EIN of DEREK TEELE FOUNDATION INC?
- The employer identification number (EIN) of DEREK TEELE FOUNDATION INC is 90-0462618.
- Is DEREK TEELE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to DEREK TEELE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DEREK TEELE 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 DEREK TEELE FOUNDATION INC 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 DEREK TEELE FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of DEREK TEELE FOUNDATION INC?
- The 990-EZ for the year ended December 31, 2025 lists 10 people; 0 received compensation from the organization.
- How much revenue does DEREK TEELE FOUNDATION INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $64,843, expenses of $68,430 and total assets of $48,172 at year end.
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