KETONE NUTRITION FOUNDATION: Form 990EZ, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- KETONE NUTRITION FOUNDATION (EIN 87-3894181)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-14
- IRS object ID
- 202413199349204106
- Schema version
- 2023v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-14T13:00:13-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 311577415 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | OLES AND ASSOCIATES LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2175 RIVERSIDE DR | AddressLine1Txt |
| City | COLUMBUS | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 432214077 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990EZ | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 873894181 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KETONE NUTRITION FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | KETO | BusinessNameControlTxt |
| Phone | 2124132847 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1452 A INDUSTRY DRIVE | AddressLine1Txt |
| City | BURLINGTON | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27215 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL HOCKENBERRY | PersonNm |
| Person Title | CHAIR AND PRESIDENT | PersonTitleTxt |
| Phone | 2124132847 | PhoneNum |
| Signature | 2024-11-13 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | BRIAN J OLES | PreparerPersonNm |
| PTIN | P01524307 | PTIN |
| Phone | 6144870774 | PhoneNum |
| Preparation | 2024-11-14 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990-EZ IRS990EZ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Website Address | N/A | WebsiteAddressTxt |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Info In Schedule O Part I | Yes (X) | InfoInScheduleOPartIInd |
| Grants And Similar Amounts Paid | $47,924 | GrantsAndSimilarAmountsPaidAmt |
| Fees And Other Pymt To Ind Cntrct | $133 | FeesAndOtherPymtToIndCntrctAmt |
| Other Expenses Total | $46,688 | OtherExpensesTotalAmt |
| Total Expenses | $94,745 | TotalExpensesAmt |
| Excess Or Deficit For Year | -$94,745 | ExcessOrDeficitForYearAmt |
| Net Assets Or Fund Balances BOY | $278,926 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $184,181 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part II | Yes (X) | InfoInScheduleOPartIIInd |
Cash Savings And Investments CashSavingsAndInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $278,926 | BOYAmt |
| EOY | $142,321 | EOYAmt |
Other Assets Total Detail OtherAssetsTotalDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $41,860 | EOYAmt |
Form990 Total Assets Form990TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $278,926 | BOYAmt |
| EOY | $184,181 | EOYAmt |
Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $278,926 | BOYAmt |
| EOY | $184,181 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Primary Exempt Purpose | THE KETONE NUTRITION FOUNDATION WAS FORMED TO EDUCATE DOCTORS, DIETICIANS, PATIENTS, AND ADVOCACY GROUPS ON THE SCIENTIFIC BENEFITS OF THE KETOGENIC DIETS AND MEIDCAL FOODS IN ADDRESSING NUTRITIONAL NEEDS AND BENEFITS FOR CERTAIN CONDITIONS. THE ORG ALSO SEEKS TO WORK WITH MEDICAL PROFESSIONALS AND DOCTORS TO PUBLISH CASE STUDIES ON PATIENT BENEFITS OF KETONES IN THE MEDICAL FIELD. | PrimaryExemptPurposeTxt |
Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Program Srvc Accom | EDUCATION OF THE BENEFITS AND MEDICAL APPLICATION OF KETONES AND THE KETOGENIC DIET. | DescriptionProgramSrvcAccomTxt |
| Grants And Allocations | $47,924 | GrantsAndAllocationsAmt |
| Program Service Expenses | $93,959 | ProgramServiceExpensesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $93,959 | TotalProgramServiceExpensesAmt |
Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (4 entries)
| TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|
| MICHAEL HOCKENBERRY | ||
| CHAIR AND PR | 1.00 | $0 |
| COLIN CHAMP | ||
| DIRECTOR | 1.00 | $0 |
| GORDON SCHMIDT | ||
| DIRECTOR | 1.00 | $0 |
| BRIAN KINN | ||
| SECRETARY/TR | 1.00 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Chg Made To Orgnzng Doc Not Rpt | false | ChgMadeToOrgnzngDocNotRptInd |
| Organization Had UBI | false | OrganizationHadUBIInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Form1120 Pol Filed | false | Form1120PolFiledInd |
| Made Loans To From Officers | false | MadeLoansToFromOfficersInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BRIAN KINN | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1452 A INDUSTRY DRIVE | AddressLine1Txt |
| City | BURLINGTON | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27215 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2124132847 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Foreign Office | false | ForeignOfficeInd |
| Donor Advised Fnds | false | DonorAdvisedFndsInd |
| Operate Hospital | false | OperateHospitalInd |
| Tanning Services Provided | false | TanningServicesProvidedInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| School Operating | false | SchoolOperatingInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Part VI Of Comp Of Hghst Pd Empl | NONE | PartVIOfCompOfHghstPdEmplTxt |
| Part VI Hghst Pd Cntrct Prof Srvc | NONE | PartVIHghstPdCntrctProfSrvcTxt |
| Filed Schedule A | Yes (true) | FiledScheduleAInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $295,262 | CurrentTaxYearMinus1YearAmt |
| Total | $295,262 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $295,262 | CurrentTaxYearMinus1YearAmt |
| Total | $295,262 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $295,262 | PublicSupportTotal509Amt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $295,262 | CurrentTaxYearMinus1YearAmt |
| Total | $295,262 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 1.00000 | PublicSupportCY509Pct |
| Public Support PY509 | 1.00000 | PublicSupportPY509Pct |
| Investment Income CY | 0.00000 | InvestmentIncomeCYPct |
| Investment Income PY | 0.00000 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990-EZ, PART I, LINE 10 | NAME: DISRUPTIVE ENTERPRISES ADDRESS: PO BOX 297 GRAHAM, NC 27253 CASH CONTRIBUTION: 47,924 |
| FORM 990-EZ, PART I, LINE 16 | EXPENSES RESEARCH AND DEVELOPMENT 26,499 POSTAGE, MAILING 383 MEMBERSHIPS AND DUES 1,042 LICENSING FEES 10,000 COMPUTER AND IT EXPENSES 653 FRANCHISE TAX 231 NON-INVESTMENT DEPRECIATION 7,880 TOTAL 46,688 |
| FORM 990-EZ, PART II, LINE 24 | EQUIPMENT 0 9,381 LESS ACCUMULATED DEPRECIATION 0 7,880 OTHER ASSETS 0 40,359 TOTAL 0 41,860 |
| FORM 990-EZ, PART III | THE KETONE NUTRITION FOUNDATION WAS FORMED TO EDUCATE DOCTORS, DIETICIANS, PATIENTS, AND ADVOCACY GROUPS ON THE SCIENTIFIC BENEFITS OF THE KETOGENIC DIETS AND MEIDCAL FOODS IN ADDRESSING NUTRITIONAL NEEDS AND BENEFITS FOR CERTAIN CONDITIONS. THE ORG ALSO SEEKS TO WORK WITH MEDICAL PROFESSIONALS AND DOCTORS TO PUBLISH CASE STUDIES ON PATIENT BENEFITS OF KETONES IN THE MEDICAL FIELD. |
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