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Nonprofit · EIN 45-3981751

LABARRON AND LORI BOONE EDUCATIONAL FOUNDATION

Tax-exempt (reinstated) · PIKE ROAD, AL 36064

Financials

$7K$77K2023$119K$92K2024
Revenue Expenses · by fiscal year end
Financials of LABARRON AND LORI BOONE EDUCATIONAL FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$118,906$92,347$26,559$284,724$0$284,724
December 31, 2023990-PF$6,568$76,833-$70,265$258,165$0$258,165
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$114,795
Net gain from sales of assets
$4,111

Expenses

Grants and similar amounts paid
$92,347
Disbursements for charitable purposes
$92,347
Excise tax on investment income
$57

Balance sheet and other

Total assets, start of year
$258,165
Total assets, end of year
$284,724
Total liabilities, end of year
$0
Net assets, end of year
$284,724
Qualifying distributions
$92,347
Net investment income
$4,111

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-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Labarron Boone
8320 Waterview Cove, Pike Road, AL 360643443
President & CEO0$0
Lori A Boone
8320 Waterview Cove, Pike Road, AL 360643443
Secretary0$0
990-PF for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
Labarron Boone
8320 Waterview Cove, Pike Road, AL 360643443
President & CEO0$0
Lori A Boone
8320 Waterview Cove, Pike Road, AL 360643443
Secretary0$0

Address and contacts

Address (IRS master file)
8320 WATERVIEW CV, PIKE ROAD, AL 36064-3443
In care of
% LABARRON N BOONE
Signed the 990-PF
Labarron Boone, President & CEO
Phone
(800) 898-2034
Return prepared by
GERALD B LONG & COMPANY

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
45-3981751
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2015
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$284,724
Income (IRS master file)
$228,419

Revocation and reinstatement

Exemption revoked
May 15, 2014
Posted by the IRS
August 11, 2014
Reinstated
Effective May 15, 2014

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$118,906$92,347$284,724XML
990-PFDecember 2023$6,568$76,833$258,165XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––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 45-3981751).

Questions about LABARRON AND LORI BOONE EDUCATIONAL FOUNDATION

What is the EIN of LABARRON AND LORI BOONE EDUCATIONAL FOUNDATION?
The employer identification number (EIN) of LABARRON AND LORI BOONE EDUCATIONAL FOUNDATION is 45-3981751.
Is LABARRON AND LORI BOONE EDUCATIONAL FOUNDATION tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2014 and reinstated it effective May 15, 2014.
Are donations to LABARRON AND LORI BOONE EDUCATIONAL FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does LABARRON AND LORI BOONE EDUCATIONAL FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of LABARRON AND LORI BOONE EDUCATIONAL FOUNDATION 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 LABARRON AND LORI BOONE EDUCATIONAL FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of LABARRON AND LORI BOONE EDUCATIONAL FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
How much revenue does LABARRON AND LORI BOONE EDUCATIONAL FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $118,906, expenses of $92,347 and total assets of $284,724 at year end.

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