Nonprofit · EIN 47-1421061
DR LANSE T FOX MEMORIAL ORGANIZATION
Tax-exempt · LAREDO, TX 78045
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $257,588 | $452,104 | -$194,516 | $83,365 | $0 | $83,365 |
| December 31, 2023 | 990 | $253,603 | $37,248 | $216,355 | $277,881 | $0 | $277,881 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $161,810
- of which government grants
- $8,000
- Membership dues
- $120
- Program service revenue
- $0
- Investment income
- $2
- Net income from fundraising events
- $95,776
- Other revenue
- $95,776
Expenses
- Grants and similar amounts paid
- $450,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $1,825
- Program services (functional)
- $450,000
- Management and general (functional)
- $2,104
Balance sheet and other
- Total assets, start of year
- $277,881
- Total assets, end of year
- $83,365
- Total liabilities, end of year
- $0
- Net assets, end of year
- $83,365
- Net assets without donor restrictions
- $83,365
- Gross receipts
- $381,368
- Employees
- 0
- Volunteers
- 15
- Year formed
- 2014
- 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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHARLES K COLEMAN | EXECUTIVE VI Officer | 2.5 | $0 |
| KEITH W FRANKLIN | PRESIDENT Officer | 5 | $0 |
| ROY FRANKLIN | VP OF COMMUN Officer | 2.5 | $0 |
| JASON HART | VICE PRES OF Officer | 1.5 | $0 |
| LOGAN WEST | SECRETARY Officer | 1.5 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHARLES K COLEMAN | EXECUTIVE VI Officer | 2.5 | $0 |
| KEITH W FRANKLIN | PRESIDENT Officer | 5 | $0 |
| ROY FRANKLIN | VP OF COMMUN Officer | 2.5 | $0 |
| JASON HART | VICE PRES OF Officer | 2.5 | $0 |
| JOHN STACHNIAK | SECRETARY Officer | 2.5 | $0 |
Address and contacts
- Address (IRS master file)
- 1640 DENMARK LN, LAREDO, TX 78045-8389
- In care of
- % KEITH W FRANKLIN
- Mailing address (990-N for 2016)
- 601 St James Dr Unit 14, Laredo TX 78041
- Principal officer (990 for 2024)
- KEITH W FRANKLIN, 1640 DENMARK LANE, LAREDO, TX 78045
- Principal officer (990-N for 2016)
- Keith W Franklin, 601 St James Dr Unit 14, Laredo TX 78041
- Signed the 990
- KEITH W FRANKLIN, PRESIDENT
- Phone
- (830) 879-5073
- Website
- www.drlansetfox.com
- Return prepared by
- IRSOLUTIONS LLC
Mission
OUR MISSION IS TO HOST EVENTS TO RAISE FUNDS FOR ACADEMIC SCHOLARSHIPS FOR STUDENTS ATTENDING COLLEGE AND VETERINARY SCHOOL, PRIMARILY AT ROSS UNIVERSITY SCHOOL OF VETERINARY MEDICINE. OUR NONPROFITS NAMESAKE, DR. LANSE T. FOX, WAS A GRADUATE OF RUSVM AND OWED MUCH OF HIS LIFE EXPERIENCE AND SUCCESS TO HIS TIME THERE, AND OUR GOAL IS TO HELP OTHER STUDENTS REALIZE THEIR DREAMS OF GOING TO SCHOOL THERE AND BECOMING VETERINARIANS.
Program accomplishments
- WE HAVE ESTABLISHED AN ENDOWED SCHOLARSHIP WITH THE EMPOWER SCHOLARSHIP FUND, WHICH IS THE FOUNDATION THAT HOUSES SCHOLARSHIP FUNDS BENEFITTING STUDENTS ATTENDING RUSVM. WE HAVE ALSO PROVIDED NUMEROUS LOCAL SCHOLARSHIPS FOR STUDENTS ATTENDING UNIVERSITY, COMMUNITY COLLEGE, AND TRADE SCHOOL FROM KAUFMAN HIGH SCHOOL, WHERE LANSE GRANDUATED FROM IN 2004, AND COTULLA HIGH SCHOOL, WHERE WE NOW HAVE OUR LARGEST FUNDRAISER AND LANSE HAD MANY FRIENDS.Expenses $450,000 · grants $450,000
- WE HAVE ESTABLISHED A SECOND ENDOWED SCHOLARSHIP FUND. THIS FUND WAS ESTABLISHED AT THE LAREDO AREA COMMUNITY FOUNDATION, AND IT WILL DISBURSE SCHOLARSHIPS FOR STUDENTS GRADUATING FROM COTULLA HIGH SCHOOL. WE ARE ALREADY THE LARGEST SCHOLARSHIP GIVER AT CHS GRADUATION EACH YEAR, AND THE ESTABLISHMENT AND GROWTH OF OUR ENDOWMENT AT LACF WILL ENSURE THAT OUR SCHOLARSHIPS WILL BE DISBURSED THERE IN PERPETUITY. THIS ENDOWMENT FUND IS SCHEDULED TO DISBURSE FOR THE FIRST TIME IN 2025.
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 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 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 47-1421061
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $83,365
- Income (IRS master file)
- $381,368
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $257,588 | $452,104 | $83,365 | XML |
| 990 | December 2023 | $253,603 | $37,248 | $277,881 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990-N for 2016 Officer: Keith W Franklin | December 31, 2016 | ≤ $50,000 receipts | – | – | e-Postcard |
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 47-1421061).
Questions about DR LANSE T FOX MEMORIAL ORGANIZATION
- What is the EIN of DR LANSE T FOX MEMORIAL ORGANIZATION?
- The employer identification number (EIN) of DR LANSE T FOX MEMORIAL ORGANIZATION is 47-1421061.
- Is DR LANSE T FOX MEMORIAL ORGANIZATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to DR LANSE T FOX MEMORIAL ORGANIZATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DR LANSE T FOX MEMORIAL ORGANIZATION 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 DR LANSE T FOX MEMORIAL ORGANIZATION 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 DR LANSE T FOX MEMORIAL ORGANIZATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of DR LANSE T FOX MEMORIAL ORGANIZATION?
- The 990 for the year ended December 31, 2024 names KEITH W FRANKLIN.
- Who are the officers and directors of DR LANSE T FOX MEMORIAL ORGANIZATION?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does DR LANSE T FOX MEMORIAL ORGANIZATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $257,588, expenses of $452,104 and total assets of $83,365 at year end.
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