Skip to main content

Nonprofit · EIN 47-5369877

LONE STAR CORVETTE CLASSIC INC

Tax-exempt · PLANO, TX 75075

Financials

$31K$30K2024
Revenue Expenses · by fiscal year end
Financials of LONE STAR CORVETTE CLASSIC INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$31,380$29,843$1,537$2,337$0$2,337
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$14,817
Program service revenue
$0
Investment income
$0
Net income from fundraising events
$17,058
Net income from sales of inventory
-$495
Other revenue
$0

Expenses

Grants and similar amounts paid
$25,250
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Printing, publications and postage
$4,593

Balance sheet and other

Total assets, start of year
$800
Total assets, end of year
$2,337
Total liabilities, end of year
$0
Net assets, end of year
$2,337
Cash, savings and investments
$2,337
Gross receipts
$76,905

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Ellie MendezPresident4$0
Randy LukerVice President4$0
Pete SohnRecording Secretary4$0
Quinn MorrisTreasurer4$0
John RaidenClassic Officer4$0

Address and contacts

Address (IRS master file)
2904 WEST PARKER ROAD UNIT 863196, PLANO, TX 75075-0000
Signed the 990-EZ
Robert Paton, Financial Advisor
Phone
(972) 712-8916

Mission

Corvette car show, open to the public, to raise funds for charity. Entry is open to all Corvette owners

990-EZ for the year ended December 31, 2024

Program accomplishments

  • Donations: National Corvette Museum 350 Corvette Drive Bowling Green KY 42101 $10,000 VFW Post 178 6670 Moore Street Frisco, TX 75034 $250 Patriot Paws Service Dogs 254 Ranch Trail Rockwall TX 75032 $5,000 Dallas Area Parkinson Society 12900 Preston Rd Ste 320 Dallas TX 75230 $5,000 Wreaths Across America PO Box 249 Columbia Falls, ME 04623 $5,000
    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 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-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
47-5369877
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
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P12)
Assets (IRS master file)
$2,337
Income (IRS master file)
$76,905

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024–––IRS
990-EZDecember 2023$37,724$41,386$800IRS
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about LONE STAR CORVETTE CLASSIC INC

What is the EIN of LONE STAR CORVETTE CLASSIC INC?
The employer identification number (EIN) of LONE STAR CORVETTE CLASSIC INC is 47-5369877.
Is LONE STAR CORVETTE CLASSIC INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
Are donations to LONE STAR CORVETTE CLASSIC INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LONE STAR CORVETTE CLASSIC INC 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 LONE STAR CORVETTE CLASSIC 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 LONE STAR CORVETTE CLASSIC INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of LONE STAR CORVETTE CLASSIC INC?
The 990-EZ for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does LONE STAR CORVETTE CLASSIC INC have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $31,380, expenses of $29,843 and total assets of $2,337 at year end.

Other nonprofits in PLANO

All nonprofits in PLANO · Texas · Human services