Nonprofit · EIN 11-3766057
ACADEMY FUNDING OF BASTROP
Also known as AFB
Tax-exempt · BASTROP, TX 78602
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $165,463 | $74,310 | $91,153 | $1,081,301 | $348,368 | $732,933 |
| December 31, 2023 | 990 | $182,803 | $54,301 | $128,502 | $985,807 | $335,848 | $649,959 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $7,241
- Investment income
- $158,222
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $18,000
- Salaries, compensation and benefits (total)
- $19,377
- Professional fundraising fees
- $0
- Program services (functional)
- $54,933
- Management and general (functional)
- $19,377
Balance sheet and other
- Total assets, start of year
- $985,807
- Total assets, end of year
- $1,081,301
- Total liabilities, end of year
- $348,368
- Net assets, end of year
- $732,933
- Land, buildings and equipment
- $320,510
- Net assets without donor restrictions
- $732,933
- Gross receipts
- $165,463
- Employees
- 1
- Volunteers
- 5
- Year formed
- 2005
- State of legal domicile
- TX
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Randy Ray | President Trustee or director, Officer | 30 | $18,000 |
| Lindsey Meuth | Secretary Trustee or director, Officer | 15 | $0 |
| Samantha Galvez | Director Trustee or director | 15 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Randy Ray | President Trustee or director, Officer | 30 | $14,400 |
| Lindsey Meuth | Secretary Trustee or director, Officer | 8 | $0 |
| Samantha Galvez | Director Trustee or director | 20 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1203, BASTROP, TX 78602-1203
- In care of
- % RANDY RAY
- Principal officer (990 for 2024)
- Randy Ray, PO BOX 1203, Bastrop, TX 78602
- Signed the 990
- Randy Ray, CFO
- Phone
- (512) 718-7895
Mission
To provide Formal education and instruction to children.
Program accomplishments
- Formal Education and Instruction ServicesExpenses $54,933 · revenue $7,241
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 11-3766057
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2007
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B25)
- Assets (IRS master file)
- $1,081,301
- Income (IRS master file)
- $165,463
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $165,463 | $74,310 | $1,081,301 | XML |
| 990 | December 2023 | $182,803 | $54,301 | $985,807 | XML |
| 990 | December 2022 | $313,818 | $160,850 | $890,835 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 11-3766057).
Questions about ACADEMY FUNDING OF BASTROP
- What is the EIN of ACADEMY FUNDING OF BASTROP?
- The employer identification number (EIN) of ACADEMY FUNDING OF BASTROP is 11-3766057.
- Is ACADEMY FUNDING OF BASTROP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
- Are donations to ACADEMY FUNDING OF BASTROP tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ACADEMY FUNDING OF BASTROP file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ACADEMY FUNDING OF BASTROP due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ACADEMY FUNDING OF BASTROP last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of ACADEMY FUNDING OF BASTROP?
- The 990 for the year ended December 31, 2024 names Randy Ray.
- Who are the officers and directors of ACADEMY FUNDING OF BASTROP?
- The 990 for the year ended December 31, 2024 lists 3 people; 1 received compensation from the organization, the highest $18,000 (Randy Ray, President).
- How much revenue does ACADEMY FUNDING OF BASTROP have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $165,463, expenses of $74,310 and total assets of $1,081,301 at year end.
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- JACK OF HEARTS SCHOLARSHIP FUNDRAISER INC EIN 88-1861264 · last filed 990-EZ for 2025
- FR BERNARD C GOERTZ SCHOLARSHIP TR FUND EIN 76-0577575 · last filed 990-PF for 2024
- MAMAWS MEMORIAL CLASSIC EIN 41-2319800 · last filed 990-EZ for 2025
- BASTROP HIGH SCHOOL PROJECT GRADUATION EIN 74-3013155 · last filed 990-N for 2025
- PARENT BOOSTER USA INC EIN 82-1960983 · last filed 990-N for 2024
- BRANDON PALADY FOUNDTION EIN 47-3456303 · last filed 990-N for 2025
- BASTROP LADY BEARS VOLLEYBALL BOOSTER CLUB EIN 83-4261034 · last filed 990-N for 2025