Youth and community nonprofits / Texas / Frisco

Sports associations and training

Kurt Thomas Foundation

A tax-exempt nonprofit in Frisco, Texas, classified by the IRS as sports associations and training. For the year ending Dec 2023 it reported $16,608 in revenue and $12,000 in expenses.

Data as of November 8, 2026Markdown copyJSON data

What it says it does

“Provide a schorlarship to a deserving young gymnast who embodies the qualities of kurt thomas.”From the organization's Form 990 for the year ending Dec 2023, as written (including spelling); all-capital text shown in normal capitalization.

IRS facts

Type: Sports associations and training (IRS activity code N40)

Mailing city (IRS): Frisco, Texas 75033

EIN: 36-4981971

Tax status: 501(c)(3), eligible to receive tax-deductible donations; IRS-recognized as tax-exempt since 2021, per IRS records posted October 13, 2026.

Revenue on its latest IRS filing: $16,608 (year ending Dec 2023)

Check its status on IRS Tax Exempt Organization Search · Filings on ProPublica Nonprofit Explorer

Kurt Thomas Foundation finances

From the annual returns the group files with the IRS (Form 990, or the shorter Form 990-EZ for smaller groups), 2 filed years. Net assets are what it owns minus what it owes; management and general is office, admin and insurance cost. A dash means not reported (the short form does not ask for employees or volunteers). Each figure links to that year's return. A year is left out when no return is in the IRS e-file data; that does not mean the group was inactive.

Revenue and expenses by yearDec 2021: revenue $69,825, expenses $18,432; Dec 2023: revenue $16,608, expenses $12,000 Total revenueTotal expenses $69.8K$18.4KDec '21$16.6K$12KDec '23
Year endingDec 2021Dec 2023
Total revenue$69,825$16,608
Total expenses$18,432$12,000
Total assets$51,393$64,534
Liabilities$0$0
Net assets$51,393$64,534
Employees00
IRS formForm 990Form 990

Where the money goes, year ending Dec 2023

Expense splitPrograms 100%

Where the money comes from, year ending Dec 2023

Revenue sourcesGifts and grants 100%

Other is negative: the filing nets losses, for example on events or investments, against income. Percentages use only the positive sources and are rounded, so they may not add to 100.

People: 0 employees reported for the year ending Dec 2023. Counts only; BackPR does not publish names of officers or staff.

Revenue trend: Shrinking. Revenue went from $69,825 (year ending Dec 2021) to $16,608 (Dec 2023), about -51% a year.

Growth label: we compare total revenue on the oldest and the newest return shown above. Growing means revenue rose by more than 10% a year on average, Shrinking means it fell by more than 10% a year, and Steady means a change between -10% and +10% a year. The rate is the compounded yearly average between the two returns, so it hides ups and downs in between (see the table). We only label groups with returns at least a year apart and at least $5,000 of revenue on the oldest one. This is our own calculation, not an IRS rating or a judgment of quality.

Source: IRS Form 990 Series Downloads (the returns open on ProPublica Nonprofit Explorer, which republishes the IRS files). Figures are as the organization filed them. Texas nonprofit.

How it compares

14 of 61 amateur sports nonprofits in Frisco when sorted from largest to smallest revenue. This shows size only, not quality. Groups with no reported revenue are listed last.

Size: revenue of $3,643 is in the bottom 10% of the 1,107 amateur sports nonprofits in Texas that report revenue to the IRS (the city count above also includes groups with none). The median is $136,579.

Revenue compared with similar groupsRevenue of $3,643 compared with amateur sports nonprofits in Texas: the middle 80% earn between $27,823 and $854,278, the median is $136,579. 10th pct$27.8Kmedian$137K90th pct$854K This group $3.6K

Our analysis of the IRS Business Master File (posted October 13, 2026), using each group's latest reported revenue. Groups are sorted by revenue and split into ten equal bands, using all Texas groups of this type (Amateur sports, which covers several IRS activity codes). Size only, not a rating.

Around Frisco and its county

Denton County, Texas: the Census Bureau estimates about 235,469 children under 18 (July 1, 2024). This directory lists 413 youth and community nonprofits with a mailing ZIP code in the county, about 1.8 per 1,000 children. The count includes PTAs, arts and day care groups, so it is not a measure of places for kids.

This group's ZIP code is matched to the county that holds most of its area, so counts are approximate. County figures come from the Census Bureau's Vintage 2024 population estimates.

Licensed programs in Frisco

67 licensed child care centers, 39 school-age programs are in state licensing records and listed in the BackPR finder. The examples below are not related to this organization.

licensed child care center

Acepire Montessori Academy

Frisco, TX

State record

licensed child care center

Adventure Kids Playcenter

Frisco, TX

State record

licensed child care center

Alpha Montessori House

Frisco, TX

State record

school-age program

AlphaBEST @ Allen ? Frisco

Frisco, TX

State record

school-age program

AlphaBEST @ Bledsoe ? Frisco

Frisco, TX

State record

school-age program

AlphaBEST @ Bright ? Frisco

Frisco, TX

State record

Texas background check rules for youth programs · How BackPR works for amateur sports nonprofits

Questions about Kurt Thomas Foundation

What is Kurt Thomas Foundation's EIN?

Kurt Thomas Foundation's EIN (Employer Identification Number) is 36-4981971. It is the nine-digit number the IRS uses to identify the organization. Source: IRS Exempt Organizations Business Master File posted October 13, 2026.

Is Kurt Thomas Foundation a nonprofit?

Yes. The IRS lists Kurt Thomas Foundation in Frisco, Texas as tax-exempt under section 501(c)(3), recognized since 2021. This is from the IRS Business Master File posted October 13, 2026. Status can change, so check its current status on the IRS Tax Exempt Organization Search before you donate.

Are donations to Kurt Thomas Foundation tax-deductible?

Yes, the IRS lists gifts to Kurt Thomas Foundation as tax-deductible (IRS Business Master File posted October 13, 2026). How much you can deduct depends on your own taxes, and this is not tax advice. Check its current status on the IRS Tax Exempt Organization Search before you donate.

What does Kurt Thomas Foundation do?

In its own words on its Form 990 for the year ending Dec 2023: "Provide a schorlarship to a deserving young gymnast who embodies the qualities of kurt thomas." The IRS classifies it as: Sports associations and training.

How much money does Kurt Thomas Foundation take in?

For the year ending Dec 2023, Kurt Thomas Foundation reported total revenue of $16,608 and total expenses of $12,000 on its Form 990 (IRS Form 990 e-file data).

Do you run this organization?

You can add your programs, season dates, ages, prices, registration link and logo to this page, or ask us to remove it. BackPR's free plan for 501(c)(3)s handles online registration, payments, waivers and attendance. No subscription and no BackPR fee on what families pay (card processing fees from Stripe still apply).

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Free forms for amateur sports nonprofits

More amateur sports nonprofits in Frisco

All youth and community nonprofits in Frisco

Source: IRS Exempt Organizations Business Master File, posted October 13, 2026. We list 501(c)(3) organizations whose IRS activity code is youth development, amateur sports, camps and recreation, parent-teacher groups, children's services, child day care or arts education. We show the city and ZIP code only, never a street address or contact person. A listing is not an endorsement.

Data as of November 8, 2026. Sources: IRS Business Master File (posted October 13, 2026), IRS Form 990 series e-file data, U.S. Census Bureau population estimates (July 1, 2024), state child care licensing records in the BackPR finder. Growth labels, ranks and percentiles are BackPR's own calculations.

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