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Nonprofit · EIN 46-1224531

LIFE SCHOOL EDUCATION FOUNDATION

Tax-exempt (reinstated) · RED OAK, TX 75154

Financials

$81K$90K2022$93K$44K2023$122K$107K2024
Revenue Expenses · by fiscal year end
Financials of LIFE SCHOOL EDUCATION FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2025990-EZ$122,011$106,996$15,015$295,767$1,000$294,767
August 31, 2024990-EZ (amended)$92,900$44,218$48,682$279,172$1,680$277,492
August 31, 2023990-EZ$81,093$89,831-$8,738$225,449–$225,449
Financial details: 990-EZ for the year ended August 31, 2025

Revenue

Contributions, gifts and grants
$84,473
Investment income
$26
Net income from fundraising events
$37,512

Expenses

Grants and similar amounts paid
$25,250
Compensation of officers, directors and key employees
$0
Other expenses
$81,746
Program services (functional)
$77,766

Balance sheet and other

Total assets, start of year
$279,172
Total assets, end of year
$295,767
Total liabilities, end of year
$1,000
Net assets, end of year
$294,767
Cash, savings and investments
$267,183
Gross receipts
$153,325

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-EZ for the year ended August 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Brent WilsonPresident1$0
Scott FullerSecretary1$0
Megan BeckTreasurer1$0
Eddie DavisExecutive Dir.1$0
Tim TaysDirector1$0
Paul ColwellDirector1$0
990-EZ for the year ended August 31, 2024: 6 people
NameTitleHours / weekCompensation
Brent WilsonPresident1$0
Scott FullerSecretary1$0
Megan BeckTreasurer1$0
Eddie DavisExecutive Dir.1$0
Tim TaysDirector1$0
Paul ColwellDirector1$0
990-EZ for the year ended August 31, 2023: 6 people
NameTitleHours / weekCompensation
Brent WilsonPresident1$0
Scott FullerSecretary1$0
Megan BeckTreasurer1$0
Eddie DavisExecutive Ofc1$0
Tim TaysDirector1$0
Paul ColwellDirector1$0

Address and contacts

Address (IRS master file)
132 EAST OVILLA ROAD SUITE A, RED OAK, TX 75154-2460
Signed the 990-EZ
Megan Beck, Treasurer
Phone
(469) 850-5433
Return prepared by
Hankins Eastup Deaton Tonn Seay & Scarbo

Mission

To provide support for the programs and students of LifeSchool, a nonprofit charter school.

990-EZ for the year ended August 31, 2025

Program accomplishments

  • Provide support for the programs and students of LifeSchool, a nonprofit charter school.
    Expenses $77,766 · grants $25,250

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-EZ on file
2023August 31, 2024January 15, 2025990-EZ on file

IRS record

EIN
46-1224531
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2016
Accounting year ends
August
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B11)
Assets (IRS master file)
$295,767
Income (IRS master file)
$153,325

Revocation and reinstatement

Exemption revoked
January 15, 2016
Posted by the IRS
April 11, 2016
Reinstated
Effective January 15, 2016

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-EZAugust 2025$122,011$106,996$295,767XML
990-EZAugust 2024$92,900$44,218$279,172XML
990-EZAugust 2023$81,093$89,831$225,449XML
990-EZAugust 2022–––IRS
990-EZAugust 2021–––IRS
990-EZAugust 2020–––IRS
990-EZAugust 2019–––IRS
990-EZAugust 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 46-1224531).

Questions about LIFE SCHOOL EDUCATION FOUNDATION

What is the EIN of LIFE SCHOOL EDUCATION FOUNDATION?
The employer identification number (EIN) of LIFE SCHOOL EDUCATION FOUNDATION is 46-1224531.
Is LIFE SCHOOL EDUCATION FOUNDATION tax-exempt?
Yes. The IRS revoked its exemption on January 15, 2016 and reinstated it effective January 15, 2016.
Are donations to LIFE SCHOOL EDUCATION FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LIFE SCHOOL EDUCATION FOUNDATION 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 LIFE SCHOOL EDUCATION FOUNDATION 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 LIFE SCHOOL EDUCATION FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended August 2025.
Who are the officers and directors of LIFE SCHOOL EDUCATION FOUNDATION?
The 990-EZ for the year ended August 31, 2025 lists 6 people; 0 received compensation from the organization.
How much revenue does LIFE SCHOOL EDUCATION FOUNDATION have?
On its 990-EZ for the year ended August 31, 2025 it reported revenue of $122,011, expenses of $106,996 and total assets of $295,767 at year end.

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