KETONE NUTRITION FOUNDATION: Form 990EZ, tax year 2024

View the entire original 990 at ProPublica ↗

Organization: KETONE NUTRITION FOUNDATION (EIN 87-3894181)
Tax period: 2024-01-01 to 2024-12-31
Filed: 2025-11-17
IRS object ID: 202503219349205640
Schema version: 2024v5.0
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
Form 990-EZ
Schedule A
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2025-11-17T15:28:56-05:00	ReturnTs
Tax Period End	2024-12-31	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	2024-01-01	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	2025-11-17	PreparationDt

Field	Value	IRS element (for citing)
Tax	2024	TaxYr
Build TS	2025-03-06 01:10:19Z	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
Gross Receipts	$15,600	GrossReceiptsAmt
Info In Schedule O Part I	Yes (X)	InfoInScheduleOPartIInd
Program Service Revenue	$15,600	ProgramServiceRevenueAmt
Total Revenue	$15,600	TotalRevenueAmt
Fees And Other Pymt To Ind Cntrct	$2,236	FeesAndOtherPymtToIndCntrctAmt
Other Expenses Total	$66,598	OtherExpensesTotalAmt
Total Expenses	$68,834	TotalExpensesAmt
Excess Or Deficit For Year	-$53,234	ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY	$184,181	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$130,947	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part II	Yes (X)	InfoInScheduleOPartIIInd

Cash Savings And Investments CashSavingsAndInvestmentsGrp

Field	Value	IRS element (for citing)
BOY	$142,321	BOYAmt
EOY	$130,047	EOYAmt

Other Assets Total Detail OtherAssetsTotalDetail

Field	Value	IRS element (for citing)
BOY	$41,860	BOYAmt
EOY	$900	EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$184,181	BOYAmt
EOY	$130,947	EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

Field	Value	IRS element (for citing)
BOY	$184,181	BOYAmt
EOY	$130,947	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
Program Service Expenses	$65,898	ProgramServiceExpensesAmt

Field	Value	IRS element (for citing)
Total Program Service Expenses	$65,898	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 Minus2 Years	$295,262	CurrentTaxYearMinus2YearsAmt
Total	$295,262	TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

Field	Value	IRS element (for citing)
Current Tax Year	$15,600	CurrentTaxYearAmt
Total	$15,600	TotalAmt

Total509 Total509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus2 Years	$295,262	CurrentTaxYearMinus2YearsAmt
Current Tax Year	$15,600	CurrentTaxYearAmt
Total	$310,862	TotalAmt

Field	Value	IRS element (for citing)
Public Support Total509	$310,862	PublicSupportTotal509Amt

Total Support Calendar Year TotalSupportCalendarYearGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus2 Years	$295,262	CurrentTaxYearMinus2YearsAmt
Current Tax Year	$15,600	CurrentTaxYearAmt
Total	$310,862	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 (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990-EZ, PART I, LINE 16	EXPENSES RESEARCH AND DEVELOPMENT 2,349 POSTAGE, MAILING 202 MEMBERSHIPS AND DUES 2,015 OFFICE SUPPLIES 17 COMPUTER AND IT EXPENSES 683 MANAGEMENT FEES 60,731 NON-INVESTMENT DEPRECIATION 601 TOTAL 66,598
FORM 990-EZ, PART II, LINE 24	EQUIPMENT 9,381 9,381 LESS ACCUMULATED DEPRECIATION 7,880 8,481 OTHER ASSETS 40,359 0 TOTAL 41,860 900
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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