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← KMI FOUNDATION

Form 990 for tax year 2025

Filed by KMI FOUNDATION.

Totals

Total revenue
$97,354
Total expenses
$0
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$97,354
Investment income
$0
Other revenue
$0
Total assets, end of year
$7,278,860
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$7,278,860
Program services expenses (Part IX)
$0
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: INTEREST INCOME

    total $97,354 · related or exempt $97,354

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $79,506 · end of year $176,860

  • 7 · Other notes and loans receivable

    beginning of year $7,102,000 · end of year $7,102,000

  • 27 · Net assets without donor restrictions

    beginning of year $7,181,506 · end of year $7,278,860

Listed in Part VII

  • ELIZABETH HARP

    PRESIDENT

    Total calculated
    $315,365
    From this org
    $0
    From related orgs
    $315,365
    Other
    $0
    Hours/week
    2

    Schedule J breakdown matched by us

    Base
    $0 + $218,714 related
    Bonus
    $0 + $96,651 related
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $315,365 related
  • WILLIAM CURTIS MORGAN

    TREASURER/SECRETARY

    Total calculated
    $252,359
    From this org
    $0
    From related orgs
    $252,359
    Other
    $0
    Hours/week
    2

    Schedule J breakdown matched by us

    Base
    $0 + $171,252 related
    Bonus
    $0 + $81,107 related
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $252,359 related
  • WYATT HOGAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • ELLIOT GERSHENSON

    INDEPENDENT DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • DARYL KENNINGHAM

    INDEPENDENT DIRECTOR

    Total calculated
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2025
IRS schema version
2025v4.2
Source object
202642519349301859

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