Nonprofit · EIN 46-3175065
FOUNDATION PREPARATORY ACADEMY
Tax-exempt · LAKE JACKSON, TX 77566
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $347,839 | $344,536 | $3,303 | $137,679 | $62,484 | $75,195 |
| June 30, 2024 | 990 | $339,335 | $331,849 | $7,486 | $126,147 | $54,255 | $71,892 |
| June 30, 2023 | 990 | $281,493 | $306,330 | -$24,837 | $137,745 | $73,339 | $64,406 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $31,943
- Program service revenue
- $264,831
- Investment income
- $5,002
- Net income from fundraising events
- $28,238
- Other revenue
- $46,063
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $226,317
- Salaries, compensation and benefits (total)
- $247,283
- Professional fundraising fees
- $0
- Accounting fees
- $3,675
- Occupancy
- $14,269
- Program services (functional)
- $344,536
Balance sheet and other
- Total assets, start of year
- $126,147
- Total assets, end of year
- $137,679
- Total liabilities, end of year
- $62,484
- Net assets, end of year
- $75,195
- Land, buildings and equipment
- $31,979
- Gross receipts
- $347,839
- Employees
- 21
- Volunteers
- 75
- Year formed
- 2013
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WHITNEY REAVES | Chairman Trustee or director, Officer | 4 | $0 |
| DEREK RESTER | VICE CHAIRMAN Trustee or director, Officer | 4 | $0 |
| J TODD REAVES | Treasurer Trustee or director, Officer | 4 | $0 |
| RICCI ALLEN | Secretary Trustee or director, Officer | 4 | $0 |
| STACEY RAYBURN | FAM. MIN. CHAIR Trustee or director, Officer | 4 | $0 |
| LISA RESTER | MEMBER Trustee or director | 2 | $0 |
| JONATHAN KIRK | MEMBER Trustee or director | 2 | $0 |
| JANE POWER | MEMBER Trustee or director | 2 | $0 |
| CHRIS EDWARDS | MEMBER Trustee or director | 2 | $0 |
| TAMELA EDWARDS | MEMBER Trustee or director | 2 | $0 |
| ALLEN TRAFFORD | MEMBER Trustee or director | 2 | $0 |
| JASON MINTER | MEMBER Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DEREK RESTER | Chairman Trustee or director, Officer | 2 | $0 |
| OPEN | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 |
| TODD REAVES | Treasurer Trustee or director, Officer | 2 | $0 |
| WHITNEY REAVES | Secretary Trustee or director, Officer | 1 | $0 |
| STACEY RAYBURN | MEMBER Trustee or director | 1 | $0 |
| LISA RESTER | MEMBER Trustee or director | 1 | $0 |
| NATHAN MCCALL | MEMBER Trustee or director | 1 | $0 |
| DAVINA MCCALL | MEMBER Trustee or director | 1 | $0 |
| CHRIS EDWARDS | MEMBER Trustee or director | 1 | $0 |
| TAMELA EDWARDS | MEMBER Trustee or director | 1 | $0 |
| ALLEN TRAFFORD | MEMBER Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DEREK RESTER | Chairman Trustee or director, Officer | 2 | $0 |
| OPEN | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 |
| TODD REAVES | Treasurer Trustee or director, Officer | 2 | $0 |
| WHITNEY REAVES | Secretary Trustee or director, Officer | 1 | $0 |
| STACEY RAYBURN | MEMBER Trustee or director | 1 | $0 |
| LISA RESTER | MEMBER Trustee or director | 1 | $0 |
| NATHAN MCCALL | MEMBER Trustee or director | 1 | $0 |
| DAVINA MCCALL | MEMBER Trustee or director | 1 | $0 |
| CHRIS EDWARDS | MEMBER Trustee or director | 1 | $0 |
| TAMELA EDWARDS | MEMBER Trustee or director | 1 | $0 |
| ALLEN TRAFFORD | MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 102 YAUPON ST, LAKE JACKSON, TX 77566-5461
- In care of
- % CHRISTI CAMERON
- Signed the 990
- TODD REAVES, Treasurer
- Return prepared by
- Green & McElreath
Mission
PROVIDE A COLLEGE-PREPARATORY EDUCATION IN A CHRISTIAN ENVIRONMENT THROUGH A UNIVERSITY-MODEL-SCHOOL - A BLEND OF TRADITIONAL PUBLIC AND PRIVATE SCHOOLS AND HOME SCHOOLS. CURRENTLY KINDERGARTEN - 12TH GRADE.
Program accomplishments
- UNIVERSITY-MODEL SCHOOL - A BLEND OF TRADITIONAL PUBLIC AND PRIVATE SCHOOLS AND HOME SCHOOLS TO GIVE A HIGHLY SUCCESSFUL COLLEGE-PREPARATORY EDUCATION SET IN A CHRISTIAN ENVIRONMENT. CURRENTLY 57 STUDENTS, KINDERGARTEN-12TH GRADE.Expenses $344,536
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 46-3175065
- 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
- 2014
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B20)
- Assets (IRS master file)
- $137,679
- Income (IRS master file)
- $347,839
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $347,839 | $344,536 | $137,679 | XML |
| 990 | June 2024 | $339,335 | $331,849 | $126,147 | XML |
| 990 | June 2023 | $281,493 | $306,330 | $137,745 | XML |
| 990 | June 2022 | $263,473 | $264,122 | $162,582 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 46-3175065).
Questions about FOUNDATION PREPARATORY ACADEMY
- What is the EIN of FOUNDATION PREPARATORY ACADEMY?
- The employer identification number (EIN) of FOUNDATION PREPARATORY ACADEMY is 46-3175065.
- Is FOUNDATION PREPARATORY ACADEMY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to FOUNDATION PREPARATORY ACADEMY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FOUNDATION PREPARATORY ACADEMY 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 FOUNDATION PREPARATORY ACADEMY 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 FOUNDATION PREPARATORY ACADEMY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who are the officers and directors of FOUNDATION PREPARATORY ACADEMY?
- The 990 for the year ended June 30, 2025 lists 12 people; 0 received compensation from the organization.
- How much revenue does FOUNDATION PREPARATORY ACADEMY have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $347,839, expenses of $344,536 and total assets of $137,679 at year end.
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