# Kurt Thomas Foundation

Sports associations and training nonprofit in Frisco, Texas 75033. EIN 36-4981971. Data as of November 8, 2026.

Page: https://backpr.com/find/nonprofit/364981971-kurt-thomas-foundation

## Mission (the organization's own words)

> Provide a schorlarship to a deserving young gymnast who embodies the qualities of kurt thomas.

Source: Form 990, year ending Dec 2023: https://projects.propublica.org/nonprofits/organizations/364981971/202401309349302720/full

## IRS facts

- Type: Sports associations and training (IRS activity code N40)
- Tax status: 501(c)(3), contributions deductible, recognized 2021
- Source: IRS Business Master File, posted October 13, 2026: https://www.irs.gov/charities-non-profits/exempt-organizations-business-master-file-extract-eo-bmf

## Finances (IRS Form 990 e-file data)

| Year ending | Revenue | Expenses | Assets | Net assets | Employees | Volunteers | Source |
|---|---|---|---|---|---|---|---|
| Dec 2023 | $16,608 | $12,000 | $64,534 | $64,534 | 0 | - | [Form 990](https://projects.propublica.org/nonprofits/organizations/364981971/202401309349302720/full) |
| Dec 2021 | $69,825 | $18,432 | $51,393 | $51,393 | 0 | - | [Form 990](https://projects.propublica.org/nonprofits/organizations/364981971/202211369349303231/full) |

Expense split, year ending Dec 2023: programs $12,000 (100%), management $0 (0%), fundraising $0 (0%).

Revenue sources, year ending Dec 2023: gifts and grants $113,028, program fees $0, investment income $0.

Growth label: **Shrinking** (about -51% a year, Dec 2021 to Dec 2023). 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.

## How it compares

- Revenue rank: 14 of 61 amateur sports nonprofits in Frisco.
- Revenue $3,643 is in the bottom 10% of 1,107 amateur sports nonprofits in Texas; median $136,579.
- Source: IRS Business Master File, posted October 13, 2026; BackPR analysis.

## Local context

- Denton County, Texas: about 235,469 children under 18 (U.S. Census Bureau, July 1, 2024): https://www2.census.gov/programs-surveys/popest/datasets/2020-2024/counties/asrh/cc-est2024-agesex-all.csv
- 413 youth and community nonprofits in this directory in the county: 1.8 per 1,000 children.
- Licensed programs in Frisco: 67 licensed child care centers, 39 school-age programs: https://backpr.com/find/texas/frisco
- Texas rules: https://backpr.com/resources/states/texas

## Questions

**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).

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Data as of November 8, 2026. Sources: IRS Business Master File, IRS Form 990 series e-file data, U.S. Census Bureau. No officer or staff names are published.
