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Nonprofit · EIN 61-1598206

LORAINE EDUCATION FOUNDATION INC

Tax-exempt (reinstated) · LORAINE, TX 79532

Financials

$145K$158K2022$299K$762K2023$501K$564K2024
Revenue Expenses · by fiscal year end
Financials of LORAINE EDUCATION FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2025990$501,027$564,411-$63,384$3,195,305$0$3,195,305
August 31, 2024990$299,477$762,282-$462,805$3,258,689$0$3,258,689
August 31, 2023990$144,535$157,525-$12,990$3,721,494$0$3,721,494
Financial details: 990 for the year ended August 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$501,027
Net gain from sales of assets
-$177
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$552,704
Management and general (functional)
$11,707

Balance sheet and other

Total assets, start of year
$3,258,689
Total assets, end of year
$3,195,305
Total liabilities, end of year
$0
Net assets, end of year
$3,195,305
Publicly traded securities
$3,086,674
Net assets without donor restrictions
$3,195,305
Gross receipts
$622,282
Employees
0
Year formed
2008
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 August 31, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgs
DUSTIN ANDERSDirector
Trustee or director, Officer
2$0$114,357
FRANK GARCIA JRDirector
Trustee or director, Officer
1$0$0
JOE LUJANDirector
Trustee or director
1$0$0
LEE YBARRADirector
Trustee or director
1$0$0
SONYA YBARRADirector
Trustee or director
1$0$0
CODY HALTOMDirector
Trustee or director
1$0$0
SUSAN SANCHEZDirector
Trustee or director
1$0$0
ERIC WOODDELLDirector
Trustee or director
1$0$0
LACY BRAUCHLEDirector
Trustee or director
2$0$0
990 for the year ended August 31, 2024: 8 people
NameTitleHours / weekCompensationFrom related orgs
DUSTIN ANDERSDirector
Trustee or director, Officer
2$0$108,156
FRANK GARCIA JRDirector
Trustee or director, Officer
1$0$0
JESSE LIMONES JRDirector
Trustee or director
1$0$0
LEE YBARRADirector
Trustee or director
1$0$0
SONYA YBARRADirector
Trustee or director
1$0$0
TABATHA DELGADODirector
Trustee or director
1$0$0
SUSAN SANCHEZDirector
Trustee or director
1$0$0
ERIC WOODDELLDirector
Trustee or director
1$0$0
990 for the year ended August 31, 2023: 8 people
NameTitleHours / weekCompensationFrom related orgs
DUSTIN ANDERSDirector
Trustee or director, Officer
2$0$95,700
FRANK GARCIA JRDirector
Trustee or director, Officer
1$0$0
JESSE LIMONES JRDirector
Trustee or director
1$0$0
LEE YBARRADirector
Trustee or director
1$0$0
DAPHNE FOWLERDirector
Trustee or director
1$0$0
TABATHA DELGADODirector
Trustee or director
1$0$0
SUSAN SANCHEZDirector
Trustee or director
1$0$0
ERIC WOODDELLDirector
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
PO BOX 457, LORAINE, TX 79532-0457
Principal officer (990 for 2024)
LACY BRAUCHLE, PO BOX 457, LORAINE, TX 795320457
Signed the 990
LACY BRAUCHLE, Director
Phone
(325) 737-2235
Return prepared by
James E Rodgers & Company

Mission

TO PROVIDE SUPPORT AND BENEFIT EXCLUSIVELY FOR THE LORAINE INDEPENDENT SCHOOL DISTRICT.

990 for the year ended August 31, 2025

Program accomplishments

  • ORGANIZED AND FUNCTIONING EXCLUSIVELY FOR THE SUPPORT AND BENEFIT OF THE LORAINE INDEPENDENT SCHOOL DISTRICT.
    Expenses $552,704

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

IRS record

EIN
61-1598206
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type II
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2014
Accounting year ends
August
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B82)
Assets (IRS master file)
$3,195,305
Income (IRS master file)
$622,282

Revocation and reinstatement

Exemption revoked
January 15, 2012
Posted by the IRS
October 8, 2012
Reinstated
Effective January 15, 2012

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
990August 2025$501,027$564,411$3,195,305XML
990August 2024$299,477$762,282$3,258,689XML
990August 2023$144,535$157,525$3,721,494XML
990August 2022$1,148,636$101,711$4,934,484IRS
990August 2021–––IRS
990August 2020–––IRS
990August 2019–––IRS
990August 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 61-1598206).

Questions about LORAINE EDUCATION FOUNDATION INC

What is the EIN of LORAINE EDUCATION FOUNDATION INC?
The employer identification number (EIN) of LORAINE EDUCATION FOUNDATION INC is 61-1598206.
Is LORAINE EDUCATION FOUNDATION INC tax-exempt?
Yes. The IRS revoked its exemption on January 15, 2012 and reinstated it effective January 15, 2012.
Are donations to LORAINE EDUCATION FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does LORAINE EDUCATION FOUNDATION 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 LORAINE EDUCATION FOUNDATION INC 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 LORAINE EDUCATION FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended August 2025.
Who is the principal officer of LORAINE EDUCATION FOUNDATION INC?
The 990 for the year ended August 31, 2025 names LACY BRAUCHLE.
Who are the officers and directors of LORAINE EDUCATION FOUNDATION INC?
The 990 for the year ended August 31, 2025 lists 9 people; 0 received compensation from the organization.
How much revenue does LORAINE EDUCATION FOUNDATION INC have?
On its 990 for the year ended August 31, 2025 it reported revenue of $501,027, expenses of $564,411 and total assets of $3,195,305 at year end.

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