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CHARLES R AND KAREN P STEPHENSON FAMILY FOUNDATION

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Public IRS 990 nonprofit record

CHARLES R AND KAREN P STEPHENSON FAMILY FOUNDATION

EIN 20-1687422 · Single Organization Support (S11)

What they do

THIS CORPORATION is ORGANIZED for THE SPECIFIC and PRIMARY PURPOSE of BENEFITTING, PERFORMING THE FUNCTIONS OF, or CARRYING OUT THE PURPOSES of THAT CLASS of PUBLICLY SUPPORTED ORGANIZATIONS, INCLUDING TULSA COMMUNITY FOUNDATION, THAT ARE DESCRIBED IN SECTIONS 501(C)(3) and 509(A)(1) or (2) of THE INTERNAL REVENUE CODE and THAT ENGAGE IN CHARITABLE ACTIVITIES WHICH ARE CONSISTENT WITH THE CHARITALE PURPOSES of TULSA COMMUNITY FOUNDATION.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $100.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders7 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

248.50%of revenue went to mission work100.0% of expenses · Program services
$248.50spent for every $100 of revenueSpending was higher than revenue this year.
$8.03in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $145,095 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $82,930 for PHIL LAKIN JR (TCF CL DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$97,710
Mission workProgram services$242,805248.50% of revenue100.0% of expenses
ManagementOffice and general costs0.00% of revenue0.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$242,805248.50% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 248.50% of revenue
2023Expense mix: 99.3% mission · 0.7% management · 0.0% fundraisingTotal expenses: 896.39% of revenue
2022Expense mix: 98.3% mission · 1.7% management · 0.0% fundraisingTotal expenses: 99.22% of revenue
2021Expense mix: 98.8% mission · 1.2% management · 0.0% fundraisingTotal expenses: 146.71% of revenue
2020Expense mix: 97.8% mission · 2.2% management · 0.0% fundraisingRevenue comparison unavailable
2019Expense mix: 96.6% mission · 3.4% management · 0.0% fundraisingTotal expenses: 660.91% of revenue

Money in and money out

Revenue$97,710
Expenses$242,805
Annual shortfall $145,095 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$242,805 · 100.0% of expenses
See all reported dollar amounts
Revenue$97,710
Expenses$242,805
Assets$1,948,970
Income$97,710
Mission work (program services)$242,805
Grants given$1,907,778
Average grant$317,963
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
PHIL LAKIN JRTCF CL DIRECTOR · 1 hrs/week $82,930Base · Other $82,930
JEFF STAVATCF CL DIRECTOR · 1 hrs/week $64,187Base · Other $64,187
MIKE DODSONTCF CL DIRECTOR · 1 hrs/week $29,300Base · Other $29,300

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (7)

PHIL LAKIN JRTCF CL DIRECTOR

JEFF STAVATCF CL DIRECTOR

MIKE DODSONTCF CL DIRECTOR

CHARLES R STEPHENSONDONOR CL DIRECTOR

DANA STEPHENSONDONOR CL DIRECTOR

DEBBIE ALLENTCF CL DIRECTOR

ROBERT THOMASTCF CL DIRECTOR

About this charity

Recognized since
January 2009
Location
1852 WAVERLEY MANSION RD, WEST POINT, MS 39773-5760
County
Clay
In care of
% CHARLES R STEPHENSON
Primary officer
CHARLES STEPHENSON, DIRECTOR

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
HOGANTAYLOR LLP
NTEE classification
Single Organization Support (S11)
IRS tax category
Single Organization Support
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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