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Nonprofit · EIN 33-3430783

VPA PROPERTIES

Tax-exempt · WACO, TX 76712

Financials

$15.8M$40K2024
Revenue Expenses · by fiscal year end
Financials of VPA PROPERTIES by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$15,766,637$40,000$15,726,637$15,726,637$0$15,726,637
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$15,853,637
Program service revenue
$0
Investment income
$0
Net rental income
-$87,000
Other revenue
-$87,000

Expenses

Grants and similar amounts paid
$40,000
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$40,000

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$15,726,637
Total liabilities, end of year
$0
Net assets, end of year
$15,726,637
Land, buildings and equipment
$15,695,812
Net assets without donor restrictions
$15,726,637
Gross unrelated business income
-$87,000
Gross receipts
$15,944,740
Employees
0
Volunteers
4
Year formed
2025
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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
Shawn GriesemerDirector
Trustee or director
2$0
Rachel HobbsPresident
Trustee or director
2$0
Paul MasonSecretary
Trustee or director
2$0
Kari McKownTreasurer
Trustee or director
2$0

Address and contacts

Address (IRS master file)
7524 BOSQUE BLVD, WACO, TX 76712-3779
In care of
% WES KANAWYER
Principal officer (990 for 2024)
Rachel Hobbs, 7524 Bosque Blvd, Waco, TX 76712
Signed the 990
Rachel Hobbs, President
Phone
(254) 235-0575
Return prepared by
Sage and Betts LLC

Mission

VPA Properties, Inc. is organized and operated exclusively to support and benefit Valor Preparatory Academy, a 501(c)(3) educational organization, in furtherance of its educational and religious purposes, and to promote the Christian faith and glorify God by providing facilities and resources that positively impact the school and its community.

990 for the year ended June 30, 2025

Program accomplishments

  • VPA Properties, Inc. is organized and operated exclusively to support Valor Preparatory Academy, a 501(c)(3) educational organization. During the year, the organization began remodeling a building to serve as the future location for Valor Preparatory Academy. While renovations were underway, the organization leased portions of the property to unrelated tenants and provided a portion of the rental income to Valor to assist with its educational and religious programs.
    Expenses $40,000 · grants $40,000

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024No data

IRS record

EIN
33-3430783
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2025
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Religion-related (X11)
Assets (IRS master file)
$15,726,637
Income (IRS master file)
$15,944,740

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about VPA PROPERTIES

What is the EIN of VPA PROPERTIES?
The employer identification number (EIN) of VPA PROPERTIES is 33-3430783.
Is VPA PROPERTIES tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2025.
Are donations to VPA PROPERTIES tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does VPA PROPERTIES 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 VPA PROPERTIES due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did VPA PROPERTIES last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of VPA PROPERTIES?
The 990 for the year ended June 30, 2025 names Rachel Hobbs.
Who are the officers and directors of VPA PROPERTIES?
The 990 for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does VPA PROPERTIES have?
On its 990 for the year ended June 30, 2025 it reported revenue of $15,766,637, expenses of $40,000 and total assets of $15,726,637 at year end.

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