NANCE FAMILY FOUNDATION INC: Form 990EZ, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
NANCE FAMILY FOUNDATION INC (EIN 92-1036692)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-06-10
IRS object ID
202511629349200601
Schema version
2024v5.1
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

FieldValueIRS element (for citing)
Return2025-06-10T21:39:49-04:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN882330280PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Brandon Alvarez CPA LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line15751 E Hacienda AveAddressLine1Txt
Address Line2Unit 239AddressLine2Txt
CityLas VegasCityNm
State AbbreviationNVStateAbbreviationCd
ZIP89122ZIPCd
FieldValueIRS element (for citing)
Return Type990EZReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN921036692EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Nance Family Foundation IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% CRISTIN NANCEInCareOfNm
Business Name ControlNANCBusinessNameControlTxt
Foreign Phone7197170721ForeignPhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13609 AUSTIN BLUFFS PKWY STE 31AddressLine1Txt
CityCOLORADO SPGSCityNm
State AbbreviationCOStateAbbreviationCd
ZIP80918ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCristin NancePersonNm
Person TitlePresidentPersonTitleTxt
Signature2025-06-11SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBrandon AlvarezPreparerPersonNm
PTINP02524729PTIN
Phone7029069290PhoneNum
Preparation2025-06-11PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Website Addresshttps: www.thenancefamily.orgWebsiteAddressTxt
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Gross Receipts$65,129GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$41,341ContributionsGiftsGrantsEtcAmt
Program Service Revenue$23,788ProgramServiceRevenueAmt
Gain Or Loss From Sale Of Assets$0GainOrLossFromSaleOfAssetsAmt
Special Events Net Income Loss$0SpecialEventsNetIncomeLossAmt
Gross Profit Loss Sls Of Invntry$0GrossProfitLossSlsOfInvntryAmt
Total Revenue$65,129TotalRevenueAmt
Fees And Other Pymt To Ind Cntrct$6,793FeesAndOtherPymtToIndCntrctAmt
Occupancy Rent Utlts And Maint$14,546OccupancyRentUtltsAndMaintAmt
Other Expenses Total$30,366OtherExpensesTotalAmt
Total Expenses$51,705TotalExpensesAmt
Excess Or Deficit For Year$13,424ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$0NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$13,424NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIYes (X)InfoInScheduleOPartIIInd

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$21,120EOYAmt

Land And Buildings LandAndBuildingsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$21,120EOYAmt

Sum Of Total Liabilities SumOfTotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$7,696EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$13,424EOYAmt
FieldValueIRS element (for citing)
Primary Exempt PurposeTo serve individuals families and communities in Colorado Springs and throughout suburban and rural Colorado by providing clothing and household goods to those in need facilitating recycling and environmental care delivering counseling and support to returning military veterans and supplying medical care training and adoption to animals in need.PrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp (2 entries)

Description Program Srvc AccomDescriptionProgramSrvcAccomTxtGrants And AllocationsGrantsAndAllocationsAmtProgram Service ExpensesProgramServiceExpensesAmt
Clothing store in Colorado Springs CO$0$23,777
Canine breeding and training$0$8,782
FieldValueIRS element (for citing)
Total Program Service Expenses$32,559TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (3 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
Cristin Nance
President - Store Operations40$0$0$0
Brian Nance
President - Canine Operations40$0$0$0
Brandon Alvarez
Treasurer5$0$0$0
FieldValueIRS element (for citing)
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
Activities Not Previously RptYes (true)ActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not RptfalseChgMadeToOrgnzngDocNotRptInd
Organization Had UBIfalseOrganizationHadUBIInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Direct Indirect Pltcl Expend$0DirectIndirectPltclExpendAmt
Form1120 Pol FiledfalseForm1120PolFiledInd
Made Loans To From OfficersYes (true)MadeLoansToFromOfficersInd
Loans To From Officers$7,495LoansToFromOfficersAmt
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
States Where Copy Of Return Is FldCOStatesWhereCopyOfReturnIsFldCd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonCristin NancePersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line13609 Austin Bluffs ParkwayAddressLine1Txt
Address Line2Ste 31 239AddressLine2Txt
CityColorado SpringsCityNm
State AbbreviationCOStateAbbreviationCd
ZIP80918ZIPCd
FieldValueIRS element (for citing)
Phone7197170721PhoneNum
FieldValueIRS element (for citing)
Foreign Financial AccountfalseForeignFinancialAccountInd
Foreign OfficefalseForeignOfficeInd
Donor Advised FndsfalseDonorAdvisedFndsInd
Operate HospitalfalseOperateHospitalInd
Tanning Services ProvidedfalseTanningServicesProvidedInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
School OperatingfalseSchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt
Filed Schedule AYes (true)FiledScheduleAInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$41,341CurrentTaxYearAmt
Total$41,341TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$41,341CurrentTaxYearAmt
Total$41,341TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$41,341PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt
FieldValueIRS element (for citing)
Total Support$41,341TotalSupportAmt
Gross Receipts Rltd Activities$26,515GrossReceiptsRltdActivitiesAmt
First5 Years170Yes (X)First5Years170Ind

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp

FieldValueIRS element (for citing)
PersonCristin NancePersonNm
Relationship With OrgPresidentRelationshipWithOrgTxt
Loan PurposeFounding of charityLoanPurposeTxt
Loan To OrganizationYes (X)LoanToOrganizationInd
Original Principal$9,495OriginalPrincipalAmt
Balance Due$7,495BalanceDueAmt
DefaultfalseDefaultInd
Board Or Committee ApprovalYes (true)BoardOrCommitteeApprovalInd
Written AgreementYes (true)WrittenAgreementInd
FieldValueIRS element (for citing)
Total Balance Due$7,495TotalBalanceDueAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part I, line 16| Other Expenses:, Amount:| Advertising & marketing 381.62 Animal Rescue And Programs 8,782.41 Business licenses 239.00 Charity set up costs 7,288.30 Donations- Charitable Contributions - General business expenses:Bank fees & service charges 65.20 Insurance 220.00 Office expenses 12.39 Office expenses:Merchant account fees 9.28 Office expenses:Office supplies 488.98 Office expenses:Shipping & postage 21.40 Office expenses:Small tools & equipment 10,200.00 Office expenses:Software & apps 219.39 Supplies 8.31 Supplies:Supplies & materials 884.83 Volunteer Meals 273.89 Interest earned 0.02Vehicle expenses:Vehicle gas & fuel 308.48 Vehicle expenses:Vehicle repairs 962.31, $30366|
Part II, line 26| Explanation:, BOYAmount:, EOYAmount:| Sales tax payable, $0, $201| Loan from Nance Family, $0, $7495|
Part V, line 33| Explanation:| The organization is now reporting activities for their clothing store and canine breeding and training services. The organization has not previously reported these as they filed a 990-N in tax year 2023.|

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