Nonprofit · EIN 47-0785813
LUTE FAMILY FOUNDATION INC
Tax-exempt · OGALLALA, NE 69153
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $57,084 | $65,594 | -$8,510 | $676,426 | $0 | $676,426 |
| December 31, 2023 | 990-PF | $22,526 | $71,381 | -$48,855 | $683,727 | $0 | $683,727 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $17,647
- Interest
- $758
- Net gain from sales of assets
- $38,679
Expenses
- Grants and similar amounts paid
- $17,427
- Disbursements for charitable purposes
- $44,737
- Excise tax on investment income
- $652
Balance sheet and other
- Total assets, start of year
- $683,727
- Total assets, end of year
- $676,426
- Total liabilities, end of year
- $0
- Net assets, end of year
- $676,426
- Fair market value of assets
- $829,653
- Qualifying distributions
- $44,737
- Net investment income
- $50,382
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICHARD M BOURQUE 115 SPYGLASS CIRCLE, OGALLALA, NE 69153 | DIRECTOR/MAN | 15 | $0 |
| JAMES KORTH 1401 W 1ST STREET, OGALLALA, NE 69153 | DIRECTOR | 1 | $0 |
| KATHY LUTE 715 VALLEY VIEW DRIVE, OGALLALA, NE 69153 | DIRECTOR | 1 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICHARD M BOURQUE 115 SPYGLASS CIRCLE, OGALLALA, NE 69153 | DIRECTOR/MAN | 15 | $0 |
| JAMES KORTH 1401 W 1ST STREET, OGALLALA, NE 69153 | DIRECTOR | 1 | $0 |
| KATHY LUTE 715 VALLEY VIEW DRIVE, OGALLALA, NE 69153 | DIRECTOR | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 187, OGALLALA, NE 69153-0187
- In care of
- % RICHARD BOURQUE
- Signed the 990-PF
- RICHARD M BOURQUE, DIRECTOR/MANAGER
- Phone
- (308) 289-5918
- Website
- WWW.MEGAVISION.COM/LFF
- Return prepared by
- DANA F COLE & COMPANY LLP
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 47-0785813
- 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
- 2002
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Recreation and sports (N99)
- Assets (IRS master file)
- $676,426
- Income (IRS master file)
- $141,289
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $57,084 | $65,594 | $676,426 | XML |
| 990-PF | December 2023 | $22,526 | $71,381 | $683,727 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
| 990-PF | December 2017 | – | – | – | 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 47-0785813).
Questions about LUTE FAMILY FOUNDATION INC
- What is the EIN of LUTE FAMILY FOUNDATION INC?
- The employer identification number (EIN) of LUTE FAMILY FOUNDATION INC is 47-0785813.
- Is LUTE FAMILY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to LUTE FAMILY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does LUTE FAMILY FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of LUTE FAMILY FOUNDATION INC 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 LUTE FAMILY FOUNDATION INC 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 LUTE FAMILY FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does LUTE FAMILY FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $57,084, expenses of $65,594 and total assets of $676,426 at year end.
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