Nonprofit · EIN 72-1446488
LARC FOUNDATION INC
Tax-exempt · LAFAYETTE, LA 70506
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $169,216 | $81,030 | $88,186 | $1,413,723 | $0 | $1,413,723 |
| June 30, 2024 | 990 | $93,718 | $58,464 | $35,254 | $1,322,325 | $0 | $1,322,325 |
| June 30, 2023 | 990 | -$35,449 | $56,586 | -$92,035 | $1,204,249 | $0 | $1,204,249 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $71,800
- Program service revenue
- $0
- Investment income
- $97,416
- Net gain from sales of assets
- $84,744
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $79,405
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $1,625
- Program services (functional)
- $79,405
- Management and general (functional)
- $1,625
Balance sheet and other
- Total assets, start of year
- $1,322,325
- Total assets, end of year
- $1,413,723
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,413,723
- Publicly traded securities
- $1,061,012
- Net assets without donor restrictions
- $1,413,723
- Gross receipts
- $4,660,866
- Employees
- 0
- Volunteers
- 3
- Year formed
- 1999
- State of legal domicile
- LA
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 |
|---|---|---|---|
| LYON HEBERT | SECRETARY/TR Trustee or director, Officer | 2 | $0 |
| NICHOLAS GACHASSIN III | PRESIDENT Trustee or director, Officer | 2 | $0 |
| JD MOREIN | VICE PRESIDE Trustee or director, Officer | 2 | $0 |
990 for the year ended June 30, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LYON HEBERT | SECRETARY/TR Trustee or director, Officer | – | $0 |
| NICHOLAS GACHASSIN III | PRESIDENT Trustee or director, Officer | – | $0 |
| JD MOREIN | VICE PRESIDE Trustee or director, Officer | – | $0 |
990 for the year ended June 30, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LYON HEBERT | SECRETARY/TR Trustee or director, Officer | 1 | $0 |
| NICHOLAS GACHASSIN III | PRESIDENT Trustee or director, Officer | 1 | $0 |
| JD MOREIN | VICE PRESIDE Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 303 NEW HOPE RD, LAFAYETTE, LA 70506-7407
- In care of
- % GERALD DOMINQUE
- Principal officer (990 for 2024)
- NICHOLAS GACHASSIN III, PO BOX 2850, LAFAYETTE, LA 70502
- Signed the 990
- BRIAN HENSGENS, REGISTERED AGENT
- Phone
- (337) 984-6110
- Website
- HTTPS://LAFAYETTELARC.ORG/
- Return prepared by
- DARNALL SIKES & FREDERICK
Mission
THE FOUNDATION INVESTS, MANAGES, AND SAFEGUARDS DONATIONS MADE FOR THE BENEFIT OF LARC, INC.
Program accomplishments
- THE FOUNDATION PROVIDES FUNDS TO PAY RETIREMENT PLAN EXPENSES FOR THE EMPLOYEES OF LARC INC AND CONTRIBUTE TO LARC INC'S ANNUAL NOEL ACADIEN FUNDRAISER.Expenses $79,405 · grants $79,405
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
- 72-1446488
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1999
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T70)
- Assets (IRS master file)
- $1,413,723
- Income (IRS master file)
- $4,660,866
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $169,216 | $81,030 | $1,413,723 | XML |
| 990 | June 2024 | $93,718 | $58,464 | $1,322,325 | XML |
| 990 | June 2023 | -$35,449 | $56,586 | $1,204,249 | XML |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 72-1446488).
Questions about LARC FOUNDATION INC
- What is the EIN of LARC FOUNDATION INC?
- The employer identification number (EIN) of LARC FOUNDATION INC is 72-1446488.
- Is LARC FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to LARC FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does LARC 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 LARC FOUNDATION INC 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 LARC FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of LARC FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names NICHOLAS GACHASSIN III.
- Who are the officers and directors of LARC FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does LARC FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $169,216, expenses of $81,030 and total assets of $1,413,723 at year end.
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All nonprofits in LAFAYETTE · Louisiana · Philanthropy, voluntarism and grantmaking foundations