Skip to content
ProPublica Donate

Research Educational Foundation Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$208k (2025)

Expenses
$288k (2025)

Total Assets
$4.01M (2025)

Total Liabilities
$0 (2025)

Source: Form 990 tax filings from 2011 to 2025

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending July
2025

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$208,464
Expenses
$288,069
Net Income
-$79,605
Net Assets
$4,012,799
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $18
0.0%
Interest Revenue $0
Dividends $123,074
59.0%
Sales of Assets $85,339
40.9%
Other Income $33
0.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $234,636
81.5%
Compensation of Officers* $54,000
18.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $4,012,799
Total Liabilities $0
Net Assets $4,012,799
Compensation
Key Employees and Officers Compensation Other
David Thomas (Sec/Treas/Vp) $54,000 $15,835
C Tim Villasana (Director) $0 $0
Stanley Thomas (President/Di) $0 $0

Document Links

Fiscal Year Ending July
2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$398,740
Expenses
$278,543
Net Income
$120,197
Net Assets
$4,152,073
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $21
0.0%
Interest Revenue $0
Dividends $118,431
29.7%
Sales of Assets $280,288
70.3%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $230,725
82.8%
Compensation of Officers* $51,750
18.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $4,152,073
Total Liabilities $0
Net Assets $4,152,073
Compensation
Key Employees and Officers Compensation Other
David Thomas (Sec/Treas/Vp) $51,750 $12,860
C Tim Villasana (Director) $0 $0
Stanley Thomas (President/Di) $0 $0

Document Links

Fiscal Year Ending July
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$263,435
Expenses
$276,984
Net Income
-$13,549
Net Assets
$3,851,249
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $20
0.0%
Interest Revenue $0
Dividends $113,375
43.0%
Sales of Assets $150,040
57.0%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $227,065
82.0%
Compensation of Officers* $47,979
17.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,851,249
Total Liabilities $0
Net Assets $3,851,249
Compensation
Key Employees and Officers Compensation Other
David Thomas (Sec/Treas/Vp) $47,979 $12,025
C Tim Villasana (Director) $0 $0
Stanley Thomas (President/Di) $0 $0

Document Links

Fiscal Year Ending July
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$586,346
Expenses
$263,742
Net Income
$322,604
Net Assets
$3,829,769
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $14
0.0%
Interest Revenue $0
Dividends $95,543
16.3%
Sales of Assets $488,421
83.3%
Other Income $2,368
0.4%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $206,538
78.3%
Compensation of Officers* $45,500
17.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,829,798
Total Liabilities $29
Net Assets $3,829,769
Compensation
Key Employees and Officers Compensation Other
David Thomas (Sec/Treas/Vp) $45,500 $12,655
C Tim Villasana (Director) $0 $0
Stanley Thomas (President/Di) $0 $0

Document Links

Fiscal Year Ending July
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$146,643
Expenses
$90,763
Net Income
$55,880
Net Assets
$4,109,153
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $64,306
43.9%
Sales of Assets $82,324
56.1%
Other Income $13
0.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $38,537
42.5%
Compensation of Officers* $45,500
50.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $4,109,153
Total Liabilities $0
Net Assets $4,109,153
Compensation
Key Employees and Officers Compensation Other
David Thomas (Sec/Treas/Vp) $45,500 $9,153
C Tim Villasana (Director) $0 $0
Stanley Thomas (President/Di) $0 $0

Document Links

Fiscal Year Ending July
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$136,889
Expenses
$125,187
Net Income
$11,702
Net Assets
$3,380,957
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $59,152
43.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $77,294
56.5%
Net Inventory Sales $0
Other Revenue $443
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $52,150
41.7%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,380,957
Total Liabilities $0
Net Assets $3,380,957
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
David Thomas (Sec/Treas/Vp) $37,338 $0 $6,518
Stanley Thomas (President/Di) $0 $0 $0
C Tim Villasana (Director) $0 $0 $0

Document Links

Fiscal Year Ending July
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$109,946
Expenses
$93,486
Net Income
$16,460
Net Assets
$3,139,892
Notable Sources of Revenue Percent of Total Revenue
Contributions $13
0.0%
Program Services $0
Investment Income $60,255
54.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $49,678
45.2%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $50,510
54.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,139,892
Total Liabilities $0
Net Assets $3,139,892
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
David Thomas (Sec/Treas/Vp) $40,909 $0 $13,248
Deborah Thomas (Director) $0 $45,600 $380
C Tim Villasana (Director) $0 $0 $0
Stanley Thomas (President/Di) $0 $0 $0

Document Links

Fiscal Year Ending July
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$98,671
Expenses
$111,324
Net Income
-$12,653
Net Assets
$3,031,300
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $52,778
53.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $45,893
46.5%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $51,912
46.6%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,031,300
Total Liabilities $0
Net Assets $3,031,300
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
David Thomas (Sec/Treas/Vp) $35,696 $0 $5,500
C Tim Villasana (Director) $0 $0 $0
Stanley Thomas (President/Di) $0 $0 $0
Deborah Thomas (Director) $0 $0 $0

Document Links

Fiscal Year Ending July
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$102,263
Expenses
$83,393
Net Income
$18,870
Net Assets
$2,821,187
Notable Sources of Revenue Percent of Total Revenue
Contributions $127
0.1%
Program Services $0
Investment Income $30,125
29.5%
Bond Proceeds $0
Royalties $732
0.7%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $68,561
67.0%
Net Inventory Sales $0
Other Revenue $2,718
2.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $52,636
63.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,821,187
Total Liabilities $0
Net Assets $2,821,187
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Stanley Thomas (President/Di) $51,000 $0 $540
David Thomas (Sec/Treas/Vp) $36,965 $0 $14,535
Deborah Thomas (Director) $0 $48,000 $0
C Tim Villasana (Director) $0 $0 $0

Document Links

Fiscal Year Ending July
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,947,763
Expenses
$449,193
Net Income
$1,498,570
Net Assets
$2,656,494
Notable Sources of Revenue Percent of Total Revenue
Contributions $51,292
2.6%
Program Services $0
Investment Income $1,382
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $28,000
1.4%
Net Fundraising $0
Sales of Assets $1,866,621
95.8%
Net Inventory Sales $0
Other Revenue $468
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $134,248
29.9%
Professional Fundraising Fees $0
Other Salaries and Wages $179,945
40.1%
Assets/Debt
Total Assets $2,656,494
Total Liabilities $0
Net Assets $2,656,494
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Stanley Thomas (President/Di) $52,335 $0 $21,665
David Thomas (Sec/Treas/Vp) $39,061 $0 $14,535
Deborah Thomas (Director) $0 $48,000 $0
C Tim Villasana (Director) $0 $0 $0

Document Links

Fiscal Year Ending July
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$666,971
Expenses
$666,585
Net Income
$386
Net Assets
$1,157,924
Notable Sources of Revenue Percent of Total Revenue
Contributions $664,517
99.6%
Program Services $0
Investment Income $953
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $377
0.1%
Other Revenue $1,124
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $136,535
20.5%
Professional Fundraising Fees $0
Other Salaries and Wages $218,777
32.8%
Assets/Debt
Total Assets $1,157,924
Total Liabilities $0
Net Assets $1,157,924
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Stanley Thomas (President/Di) $58,624 $0 $17,416
David Thomas (Sec/Treas/Vp) $41,205 $0 $6,000
Deborah Thomas (Director) $0 $48,000 $0
C Tim Villasana (Director) $0 $0 $0

Document Links

Fiscal Year Ending July
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$696,420
Expenses
$712,523
Net Income
-$16,103
Net Assets
$1,157,538
Notable Sources of Revenue Percent of Total Revenue
Contributions $665,002
95.5%
Program Services $0
Investment Income $639
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $30,696
4.4%
Net Inventory Sales -$526
Other Revenue $609
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $130,453
18.3%
Professional Fundraising Fees $0
Other Salaries and Wages $226,446
31.8%
Assets/Debt
Total Assets $1,157,538
Total Liabilities $0
Net Assets $1,157,538
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Stanley Thomas (President/Di) $58,805 $0 $18,876
David Thomas (Sec/Treas/Vp) $41,241 $0 $6,016
Deborah Thomas (Director) $0 $48,000 $0
C Tim Villasana (Director) $0 $0 $0

Document Links

Fiscal Year Ending July
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$690,473
Expenses
$705,068
Net Income
-$14,595
Net Assets
$1,173,647
Notable Sources of Revenue Percent of Total Revenue
Contributions $675,217
97.8%
Program Services $0
Investment Income $14,401
2.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $855
0.1%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $128,937
18.3%
Professional Fundraising Fees $0
Other Salaries and Wages $228,775
32.4%
Assets/Debt
Total Assets $1,173,647
Total Liabilities $0
Net Assets $1,173,647

Document Links

Fiscal Year Ending July
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$690,070
Expenses
$678,657
Net Income
$11,413
Net Assets
$1,188,242
Notable Sources of Revenue Percent of Total Revenue
Contributions $681,242
98.7%
Program Services $0
Investment Income $17,070
2.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$6,968
Net Inventory Sales -$1,393
Other Revenue $119
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $123,111
18.1%
Professional Fundraising Fees $0
Other Salaries and Wages $217,041
32.0%
Assets/Debt
Total Assets $1,188,274
Total Liabilities $32
Net Assets $1,188,242

Document Links

Fiscal Year Ending July
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$689,904
Expenses
$681,369
Net Income
$8,535
Net Assets
$1,176,829
Notable Sources of Revenue Percent of Total Revenue
Contributions $668,338
96.9%
Program Services $0
Investment Income $23,723
3.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$3,756
Net Inventory Sales $1,294
0.2%
Other Revenue $305
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $111,840
16.4%
Professional Fundraising Fees $0
Other Salaries and Wages $214,784
31.5%
Assets/Debt
Total Assets $1,176,829
Total Liabilities $0
Net Assets $1,176,829

Document Links

Fiscal Year Ending July
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending July
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending July
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending July
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending July
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending July
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending July
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending July
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending July
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2000

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

See an issue with the data?

Contact Us