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Nonprofit · EIN 33-4779500

LTS EDUCATIONAL FOUNDATION INC

Also known as MILWAUKEE CAREER COLLEGE

Tax-exempt · MILWAUKEE, WI 53222

Financials

$97K$149K2024
Revenue Expenses · by fiscal year end
Financials of LTS EDUCATIONAL FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2025990$96,892$148,581-$51,689$2,309,873$524,817$1,785,056
Financial details: 990 for the year ended August 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$96,892
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$4,862
Other salaries and wages
$44,020
Salaries, compensation and benefits (total)
$61,552
Professional fundraising fees
$0
Travel
$473
Depreciation
$782
Program services (functional)
$108,220
Management and general (functional)
$40,361

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$2,309,873
Total liabilities, end of year
$524,817
Net assets, end of year
$1,785,056
Land, buildings and equipment
$40,618
Gross receipts
$96,892
Employees
0
Volunteers
0
Year formed
2025
State of legal domicile
WI

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 August 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
HIROKI TAKAHASHIPRESIDENT
Trustee or director, Officer
40$4,862
RICHARD LUEBKE JRDIRECTOR
Trustee or director
0$0
JOSHUA SWAYNEDIRECTOR
Trustee or director
0$0

Address and contacts

Address (IRS master file)
3333 N MAYFAIR RD STE 300, MILWAUKEE, WI 53222-3219
Principal officer (990 for 2024)
HIROKI TAKAHASHI, 3077 N MAYFAIR RD SUITE 300, MILWAUKEE, WI 53222
Signed the 990
HIROKI TAKAHASHI, PRESIDENT
Phone
(414) 257-2939
Return prepared by
CASE SABATINI

Mission

TO PROVIDE CAREER FOCUSED TRAINING THAT DEVELOPS AND ENHANCES STUDENTS' MARKETABLE SKILLS.

990 for the year ended August 31, 2025

Program accomplishments

  • THE CORPORATION OFFERS TRAINING PROGRAMS THAT PREPARE STUDENTS FOR REAL CAREERS IN REAL-WORLD SETTINGS FROM DOCTOR'S OFFICES TO DENTAL CLINICS AND ANIMAL HOSPITALS. THEIR COURSE CURRICULUM MEETS THE NEEDS OF EMPLOYERS AND CERTIFICATION STANDARDS, SO STUDENTS GRADUATE READY TO ENTER THE WORKFORCE WITH CONFIDENCE. THEIR SMALL CLASS SIZES, PERSONALIZED INSTRUCTION, AND SUPPORTIVE CAMPUS CULTURE GIVE STUDENTS THE ATTENTION AND TRAINING THEY DESERVE. THE CORPORATION MAINTAINS STRONG RELATIONSHIPS WITH LOCAL EMPLOYERS AND COMMUNITY PARTNERS. THESE CONNECTIONS HELP THEM PROVIDE MEANINGFUL EXTERNSHIP OPPORTUNITIES AND KEEP THEIR PROGRAMS ALIGNED WITH REAL-WORLD DEMANDS.
    Expenses $108,220 · revenue $96,892

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

Tax yearYear endedDueIRS public records
2025August 31, 2026January 15, 2027Not due yet
2024August 31, 2025January 15, 2026990 on file
2023August 31, 2024January 15, 2025Check at the IRS

IRS record

EIN
33-4779500
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
2026
Accounting year ends
August
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B30)
Assets (IRS master file)
$2,309,873
Income (IRS master file)
$96,892

Filing history

FormYear endedRevenueExpensesAssetsReturn
990August 2025$96,892$148,581$2,309,873XML

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 33-4779500).

Questions about LTS EDUCATIONAL FOUNDATION INC

What is the EIN of LTS EDUCATIONAL FOUNDATION INC?
The employer identification number (EIN) of LTS EDUCATIONAL FOUNDATION INC is 33-4779500.
Is LTS EDUCATIONAL FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2026.
Are donations to LTS EDUCATIONAL FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LTS EDUCATIONAL FOUNDATION INC 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 LTS EDUCATIONAL FOUNDATION INC due?
The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LTS EDUCATIONAL FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended August 2025.
Who is the principal officer of LTS EDUCATIONAL FOUNDATION INC?
The 990 for the year ended August 31, 2025 names HIROKI TAKAHASHI.
Who are the officers and directors of LTS EDUCATIONAL FOUNDATION INC?
The 990 for the year ended August 31, 2025 lists 3 people; 1 received compensation from the organization, the highest $4,862 (HIROKI TAKAHASHI, PRESIDENT).
How much revenue does LTS EDUCATIONAL FOUNDATION INC have?
On its 990 for the year ended August 31, 2025 it reported revenue of $96,892, expenses of $148,581 and total assets of $2,309,873 at year end.

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