Tacp Foundation EIN 84-5072773 Form 990 (PDF) Claim this org

Tacp Foundation

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Form 990 for the fiscal year ending December 2025 (IRS tax year 2025).


Honors fallen Tactical Air Control Party members, inspires future TACPs, and supports their families. For fiscal year 2025 it reported $251K in revenue, $142K in expenses, and $227K in net assets.Pt I

Founded
2021
Type
Public charity (501(c)(3)) · Education
Location
Manhattan, KS
Website
tacpfoundation.org
Filings
5 on file (2021–2025)
Revenue
$251KFY2025
Expenses
$142K
Net assets
$227K
People
4
Filings
5
Updates
0
More identity details & actions ⌄
EIN  84-5072773 Public charity (501(c)(3)) Manhattan, KS Founded 2021
Form 990 (PDF)
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Size
$100K–1M
What they do
Honors fallen Tactical Air Control Party members, inspires future TACPs, and supports their families.
Leadership
Ramiro Villalobos · Executive Director
Money in and out
$251K revenue, $142K expenses
Bottom line
100% program efficiency
Where the money goes · FY2025
Total revenue
$251K
Pt VIII · Ln 12
Total expenses
$142K
Pt IX · Ln 25
Net assets
$227K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $110K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs0% vs prior filing year
Operating runway
19.2mo
months of highly liquid reserves at operating expense rate▲ +7% vs prior filing year
Surplus margin
+44%
revenue over expenses, this year▲ ×22 vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$251K
FY2025▲ +32%
Expenses
$142K
FY2025▼ -24%
Total assets
$227K
FY2025▼ -29%
Total liabilities
$0
FY2025▼ -100%
Revenue less expensesPt I · Ln 19$110K
Total assetsPt X · Ln 16$227K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 4pending

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CTacp Foundation
EINHdr · item D84-5072773
Principal addressHdr · item CManhattan, KS
WebsiteHdr · item Jtacpfoundation.org
Year of formationHdr · item L2021
State of legal domicileHdr · item MKS
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B82)
Ruling yearIRS BMFSep 2021

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$0Pt VII · Sec A
Vice Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $142K of program spending, described in the organization's own filed words · FY2025.
01

See Statement

$142Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$248K · 99%
Other revenue$3K · 1%
Contributions & grants99%$248K
Other revenue1%$3K
Investment income$13
Total revenueLn 12$251K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$142K
Total functional expensesLn 25$142K

Balance Sheet

Part X · end of year
CashLn 1$227K
Total assetsLn 16$227K
Total liabilitiesLn 26$0
Total net assetsLn 32$227K
Months of cash on handcomputed19.2

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $227K · Operating expenses/yr $142K
19.2 months
Where the money goes
Program services
Program services $142K · Total expenses $142K
100%
Management & General
Management & general $0 · Total expenses $142K
0%
Fundraising
Fundraising $0 · Total expenses $142K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $196K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $248K · Total revenue $251K
99%
Government reliance
Government grants — · Total revenue $251K
Earned-income share
Program service revenue $0 · Total revenue $251K
0%
Investment reliance
Investment income $13 · Total revenue $251K
<0.01%
Program self-sufficiency
Program service revenue $0 · Total expenses $142K
0%
Growth & trend
Revenue growth (YoY)
This year $251K · Prior year $190K
+32%
Revenue CAGR
FY2021 $166K · FY2025 $251K
+11%
Net-asset trend (YoY)
End of year $227K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $251K · Expenses $142K
+44%
Liabilities-to-Assets
Total liabilities — · Total assets $227K
Net-asset ratio
Net assets $227K · Total assets $227K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $227K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Ramiro Villalobos · Reported title Executive Director · Highest reported compensation $0 · Total expenses $142K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $142K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%
Revenue growth 32%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 2 funders$11K
Grants paid · 1 grant · $85K · 2025–2025
Unitemized GrantFY2025$84,861

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$251K revenue · viewing · ⤓ 990 PDF
FY2024$190K revenue · ⤓ 990 PDF
FY2023$226K revenue · ⤓ 990 PDF
FY2022$173K revenue · ⤓ 990 PDF
FY2021$166K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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