FOUNDATION FOR LOVEJOY SCHOOLS: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- FOUNDATION FOR LOVEJOY SCHOOLS (EIN 81-0625033)
- Tax period
- 2012-09-01 to 2013-08-31
- Filed
- 2013-11-15
- IRS object ID
- 201303199349309995
- Schema version
- 2012v2.3
- 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) |
|---|---|---|
| Timestamp | 2013-11-15T16:11:15-06:00 | Timestamp |
| Tax Period End Date | 2013-08-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EVANS PINGLETON AND HOWARD PLLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8950 GARY BURNS DR STE D | AddressLine1 |
| City | FRISCO | City |
| State | TX | State |
| ZIP Code | 750342593 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-09-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 810625033 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FOUNDATION FOR LOVEJOY SCHOOLS | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | FOUN | NameControl |
| Phone | 4697428043 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 259 COUNTRY CLUB ROAD | AddressLine1 |
| City | ALLEN | City |
| State | TX | State |
| ZIP Code | 75002 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | LISA HOPKINSON | Name |
| Title | TREASURER | Title |
| Phone | 4697428043 | Phone |
| Date Signed | 2013-10-31 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | BARBARA POLARINAKIS CPA | Name |
| Phone | 9723359754 | Phone |
| Date Prepared | 2013-11-15 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | KELLI LITCHENBURG PRESIDENT | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 259 COUNTRY CLUB | AddressLine1 |
| City | ALLEN | City |
| State | TX | State |
| ZIP Code | 75002 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 458110 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.FOUNDATIONFORLOVEJOYSCHOOLS.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 2003 | YearFormation |
| State Legal Domicile | TX | StateLegalDomicile |
| Activity Or Mission Description | CHARITABLE AND EDUCATIONAL BENEFITS TO LOVEJOY ISD | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 21 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 21 | NbrIndependentVotingMembers |
| Total Nbr Employees | 0 | TotalNbrEmployees |
| Total Nbr Volunteers | 75 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 161736 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 233317 | ContributionsGrantsCurrentYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 9404 | InvestmentIncomePriorYear |
| Investment Income Current Year | 11231 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 109249 | OtherRevenuePriorYear |
| Other Revenue Current Year | 125438 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 280389 | TotalRevenuePriorYear |
| Total Revenue Current Year | 369986 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 200000 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 275000 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Current Year | 0 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 4597 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 66049 | OtherExpensePriorYear |
| Other Expenses Current Year | 70716 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 266049 | TotalExpensesPriorYear |
| Total Expenses Current Year | 345716 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 14340 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 24270 | RevenuesLessExpensesCY |
| Total Assets BOY | 371538 | TotalAssetsBOY |
| Total Assets EOY | 469308 | TotalAssetsEOY |
| Total Liabilities BOY | 176500 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 250000 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 195038 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 219308 | NetAssetsOrFundBalancesEOY |
| Mission Description | CHARITABLE AND EDUCATIONAL BENEFITS TO LOVEJOY ISD | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 278468 | Expense |
| Grants | 275000 | Grants |
| Description | PROVIDED TEACHER AND CLASSROOM GRANTS TO FURTHER PROFESSIONAL EDUCATION OF TEACHERS SERVING LOVEJOY ISD SCHOOLS, WHICH EDUCATE APPROXIMATELY 3,200 ELEMENTARY, JUNIOR AND HIGH SCHOOL STUDENTS. | Description |
| Total Program Service Expense | 278468 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | false | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | false | ReportOtherLiabilities |
| Report Fin48 Footnote | false | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | true | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | true | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | true | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | false | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | true | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 0 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 0 | NumberOfEmployees |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Form8899 Filed | false | Form8899Filed |
| Form1098 C Filed | false | Form1098CFiled |
| Excess Business Holdings | false | ExcessBusinessHoldings |
| Taxable Distributions | false | TaxableDistributions |
| Distribution To Donor | false | DistributionToDonor |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 21 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 21 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | false | CompensationProcessCEO |
| Compensation Process Other | false | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | VICKI DEERMAN | NamePerson |
| Telephone Number | 4697428043 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 259 COUNTRY CLUB ROAD | AddressLine1 |
| City | ALLEN | City |
| State | TX | State |
| ZIP Code | 75002 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | X | NoListedPersonsCompensated |
Form990 Part VII Section A Form990PartVIISectionA (24 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| KELLI LITCHENBURG | ||||||
| PRESIDENT | 4.00 | X | X | 0 | 0 | 0 |
| BARRETT OWENS | ||||||
| VICE PRESIDE | 4.00 | X | X | 0 | 0 | 0 |
| LISA HOPKINSON | ||||||
| TREASURER | 4.00 | X | X | 0 | 0 | 0 |
| KELLI BILLINGSLEY | ||||||
| SECRETARY | 4.00 | X | X | 0 | 0 | 0 |
| JOHN BARR | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| BRYAN BELLOWS | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| PENNY BERMAN | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| JOHN FRASER | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| KELLY COLLINS | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| RICK DUNHAM | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| JAMIE KILPATRICK | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| NANCY FISCH | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| KRISTIN HOLT | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| JULIE SIDES | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| DAVID SINACOLA | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| JOAN TOBER | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| JASON VAUGHN | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| AARON WHITE | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| STEPHANIE MCCAFFITY | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| ELENA WESTBROOK | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| WILLIE WU | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| TED MOORE | ||||||
| EX-OFFICIO | 1.00 | X | 0 | 0 | 0 | |
| DENNIS MUIZERS | ||||||
| EX-OFFICIO | 1.00 | X | 0 | 0 | 0 | |
| SCOTT CHRISTIANSEN | ||||||
| EX-OFFICIO | 1.00 | X | 0 | 0 | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | false | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
| Fundraising Events | 107995 | FundraisingEvents |
| All Other Contributions | 125322 | AllOtherContributions |
| Noncash Contributions | 3700 | NoncashContributions |
| Total Contributions | 233317 | TotalContributions |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 11231 | TotalRevenueColumn |
| Related Or Exempt Function Income | 11231 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 192427 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 107995 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 83174 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 109253 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Gaming | 18375 | GrossIncomeGaming |
| Gaming Direct Expenses | 4619 | GamingDirectExpenses |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 13756 | TotalRevenueColumn |
| Related Or Exempt Function Income | 13756 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 2000 | GrossSalesOfInventory |
| Cost Of Goods Sold | 331 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1669 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1669 | RelatedOrExemptFunctionIncome |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | OTHER INCOME | Description |
| Total Revenue Column | 760 | TotalRevenueColumn |
| Exclusion | $760 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 760 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 369986 | TotalRevenueColumn |
| Related Or Exempt Function Income | 26656 | RelatedOrExemptFunctionIncome |
| Exclusion | $760 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 275000 | Total |
| Program Services | 275000 | ProgramServices |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 44468 | Total |
| Management And General | 44468 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5300 | Total |
| Management And General | 5300 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2500 | Total |
| Program Services | 2500 | ProgramServices |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3832 | Total |
| Management And General | 3832 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1194 | Total |
| Program Services | 968 | ProgramServices |
| Management And General | 226 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 111 | Total |
| Management And General | 111 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 171 | Total |
| Management And General | 171 | ManagementAndGeneral |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 850 | Total |
| Management And General | 850 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1595 | Total |
| Management And General | 1595 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|
| DESIGNATED GIFT EXPENSE | 5058 | 5058 | |
| FUNDR COSTS-ANNL APPL | 4597 | 4597 | |
| BOARD OF DIRECTORS | 731 | 731 | |
| DONOR WALL | 190 | 190 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 119 | Total |
| Management And General | 119 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 345716 | Total |
| Program Services | 278468 | ProgramServices |
| Management And General | 62651 | ManagementAndGeneral |
| Fundraising | 4597 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 230329 | BOY |
| EOY | 301427 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3000 | BOY |
| EOY | 3000 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 138209 | BOY |
| EOY | 164881 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 371538 | BOY |
| EOY | 469308 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1500 | BOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 175000 | BOY |
| EOY | 250000 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 176500 | BOY |
| EOY | 250000 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 145038 | BOY |
| EOY | 159624 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 9684 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 50000 | BOY |
| EOY | 50000 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 195038 | BOY |
| EOY | 219308 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 371538 | BOY |
| EOY | 469308 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 24270 | ReconcilationRevenueExpenses |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | true | AuditCommittee |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 49602 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 72347 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 105085 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 161736 | CurrentTaxYearMinus1Year |
| Current Tax Year | 233317 | CurrentTaxYear |
| Total | 622087 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 49602 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 72347 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 105085 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 161736 | CurrentTaxYearMinus1Year |
| Current Tax Year | 233317 | CurrentTaxYear |
| Total | 622087 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | 622087 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 3713 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 2253 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 2239 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 9404 | CurrentTaxYearMinus1Year |
| Current Tax Year | 11231 | CurrentTaxYear |
| Total | 28840 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 650927 | TotalSupport |
| Gross Receipts From Admissions Etc | 224033 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.95570 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.95430 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 50000 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 3514 | InvestmentEarningsOrLosses |
| End Of Year Balance | 53514 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Permanent Endowment EOY Balance | 0.93000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.07000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
| Tot Revenue Etc Audited Fincl Stmt | 369986 | TotRevenueEtcAuditedFinclStmt |
| Revenue Subtotal | 369986 | RevenueSubtotal |
| Total Revenue Per Form990 | 369986 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 345716 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 345716 | ExpensesSubtotal |
| Total Expenses Per Form990 | 345716 | TotalExpensesPerForm990 |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | D & D GALA | NameOfEvent1 |
| Gross Receipts Event1 | 300422 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 107995 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 192427 | GrossRevenueEvent1 |
| Non Cash Prizes Event1 | 10950 | NonCashPrizesEvent1 |
| Food And Beverage Event1 | 34909 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 1500 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 35815 | OtherDirectExpensesEvent1 |
| Gross Receipts Total | 300422 | GrossReceiptsTotal |
| Charitable Contributions Total | 107995 | CharitableContributionsTotal |
| Gross Revenue Total Events | 192427 | GrossRevenueTotalEvents |
| Non Cash Prizes Total Events | 10950 | NonCashPrizesTotalEvents |
| Food And Beverage Total Events | 34909 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 1500 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 35815 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 83174 | DirectExpenseSummaryEvents |
| Net Income Summary | 109253 | NetIncomeSummary |
Gaming Information GamingInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteer Labor Bingo | false | VolunteerLaborBingo |
| Volunteer Labor Pull Tabs | false | VolunteerLaborPullTabs |
| Gross Revenue Other Gaming | 18375 | GrossRevenueOtherGaming |
| Non Cash Prizes Other Gaming | 3595 | NonCashPrizesOtherGaming |
| Other Direct Expenses Other Gaming | 1024 | OtherDirectExpensesOtherGaming |
| Volunteer Labor Other Gaming | false | VolunteerLaborOtherGaming |
| Gross Revenue Total Gaming | 18375 | GrossRevenueTotalGaming |
| Non Cash Prizes Total Gaming | 3595 | NonCashPrizesTotalGaming |
| Other Direct Expenses Total Gaming | 1024 | OtherDirectExpensesTotalGaming |
| Direct Expense Summary Gaming | 4619 | DirectExpenseSummaryGaming |
| Net Gaming Income Summary | 13756 | NetGamingIncomeSummary |
| Field | Value | IRS element (for citing) |
|---|---|---|
| States Where Gaming Conducted | TX | StatesWhereGamingConducted |
| Licensed | true | Licensed |
| License Suspended Etc | false | LicenseSuspendedEtc |
| Gaming With Nonmembers | false | GamingWithNonmembers |
| Member Of Other Entity | false | MemberOfOtherEntity |
| Name Of Gaming Rec Keeper Person | VICKI DEERMAN | NameOfGamingRecKeeperPerson |
Address Of Gaming Rec Keeper US AddressOfGamingRecKeeperUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 259 COUNTRY CLUB ROAD | AddressLine1 |
| City | ALLEN | City |
| State | TX | State |
| ZIP Code | 75002 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contract With3rd Party For Gam Rev | false | ContractWith3rdPartyForGamRev |
| Charitable Distrib Required | false | CharitableDistribRequired |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Recipient Table RecipientTable (4 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | Amount Of Cash GrantAmountOfCashGrant | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|
| LOVEJOY ISD | ||||||
| 259 COUNTRY CLUB ROAD | ALLEN | TX | 75002 | 751615257 | 30000 | LEARNING AT LOVEJOY |
| LOVEJOY ISD | ||||||
| 259 COUNTRY CLUB ROAD | ALLEN | TX | 75002 | 751615257 | 202401 | TECHNOLOGY |
| LOVEJOY ISD | ||||||
| 259 COUNTRY CLUB ROAD | ALLEN | TX | 75002 | 751615257 | 10000 | HIGHTOUCH, HIGH TECH |
| LOVEJOY ISD | ||||||
| 259 COUNTRY CLUB ROAD | ALLEN | TX | 75002 | 751615257 | 27599 | EDUCATION |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS INSIDE THE UNITED STATES | Identifier |
| Return Reference | SCHEDULE I, PAGE 1, PART I, LINE 2 | ReturnReference |
| Explanation | LOVEJOY ISD TEACHERS SUBMIT GRANT REQUEST TO THE SCHOOL DISTRICT COMMITTEE. THE LISD COMMITTEE REVIEWS THE REQUEST AND SUBMITS ITS' RECOMMENDATION FOR GRANTS TO THE FOUNDATIONS' BOARD. THE FOUNDATIONS' BOARD MEETS AND AWARDS THE GRANTS. THE FOUNDATION KEEPS RECORD OF THE ENTIRE GRANT PROCESS. | Explanation |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | VICKI DEERMAN | NamePerson |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | LISD LEASED EE | Relationship |
| Description Of Transaction | LEASED EMPLOYEE | DescriptionOfTransaction |
| Sharing Of Revenues | false | SharingOfRevenues |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 | FORM 990, PAGE 6, PART VI, LINE 11B | REVIEWED BY BOARD OF DIRECTORS BEFORE ELECTRONICALLY FILED |
| ENFORCEMENT OF CONFLICTS POLICY | FORM 990, PAGE 6, PART VI, LINE 12C | BOARD REVIEWS ALL BUSINESS TRANSACTIONS AND APPROVES THEM, IF ANY BOARD MEMBER HAS A CONFLICT OF INTEREST IT IS ADDRESSED AND APPROPRIATE ACTION IS TAKEN. |
| GOVERNING DOCUMENTS DISCLOSURE EXPLANATION | FORM 990, PAGE 6, PART VI, LINE 19 | UPON REQUEST |
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