Nonprofit · EIN 74-2991952
LA FE PREPARATORY SCHOOL INC
Tax-exempt · EL PASO, TX 79902
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990 | $3,208,875 | $2,952,935 | $255,940 | $2,361,589 | $1,144,289 | $1,217,300 |
| August 31, 2024 | 990 | $2,936,960 | $3,072,387 | -$135,427 | $2,330,871 | $1,369,511 | $961,360 |
| August 31, 2023 | 990 | $3,057,712 | $2,670,170 | $387,542 | $2,373,572 | $1,276,785 | $1,096,787 |
Financial details: 990 for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $3,191,514
- of which government grants
- $3,177,617
- Program service revenue
- $7,166
- Investment income
- $10,195
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $1,613,478
- Salaries, compensation and benefits (total)
- $2,065,192
- Professional fundraising fees
- $0
- Legal fees
- $200
- Accounting fees
- $71,400
- Occupancy
- $94,863
- Travel
- $2,229
- Depreciation
- $104,227
- Program services (functional)
- $1,747,059
- Management and general (functional)
- $1,205,876
Balance sheet and other
- Total assets, start of year
- $2,330,871
- Total assets, end of year
- $2,361,589
- Total liabilities, end of year
- $1,144,289
- Net assets, end of year
- $1,217,300
- Land, buildings and equipment
- $1,672,802
- Net assets without donor restrictions
- $177,214
- Net assets with donor restrictions
- $1,040,086
- Gross receipts
- $3,208,875
- Employees
- 50
- Volunteers
- 100
- Year formed
- 2001
- 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.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Salvador Balcorta | Chief Executive Officer Trustee or director, Officer | 5 | $0 | $226,666 | $17,922 |
| Lucy M Rodarte | Chief Financial Officer Trustee or director, Officer | 10 | $0 | $147,896 | $15,059 |
| Robert Gonzales | COO/President Trustee or director, Officer | 5 | $0 | $68,608 | $2,766 |
| Josefina Tinajero | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| Luis Gasca | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended August 31, 2024: 5 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Salvador Balcorta | Chief Executive Officer Trustee or director, Officer | 5 | $0 | $221,416 | $17,851 |
| Lucy M Rodarte | Chief Financial Officer Trustee or director, Officer | 10 | $0 | $135,587 | $14,417 |
| Robert Gonzales | COO/President Trustee or director, Officer | 5 | $0 | $83,292 | $11,225 |
| Josefina Tinajero | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| Luis Gasca | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended August 31, 2023: 5 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Salvador Balcorta | Chief Executive Officer Trustee or director, Officer | 5 | $0 | $226,622 | $17,712 |
| Lucy M Rodarte | Chief Financial Officer Trustee or director, Officer | 10 | $0 | $132,353 | $14,256 |
| Robert Gonzales | COO/President Trustee or director, Officer | 5 | $0 | $114,799 | $16,930 |
| Josefina Tinajero | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| Luis Gasca | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1314 E YANDELL DR, EL PASO, TX 79902-5529
- In care of
- % LUCY RODARTE
- Principal officer (990 for 2024)
- Lucy M Rodarte, 1314 E YANDELL, EL PASO, TX 79902
- Signed the 990
- Lucy Rodarte, Chief Finance Officer
- Phone
- (915) 534-7979
- Website
- WWW.LAFEPREP.ORG
- Return prepared by
- Forvis Mazars LLP
Mission
TO CREATE AND PROMOTE A BILINGUAL AND MULTICULTURAL LEARNING ENVIRONMENT THAT WILL EMPOWER CHILDREN TO ACHIEVE THE HIGHEST LEVELS OF ACADEMIC, ARTISTIC, PHYSICAL, AND SOCIAL WELL-BEING BY INSTILLING CONFIDENCE AND A JOY FOR LEARNING. SEE SCHEDULE O FOR ADDITIONAL INFORMATION.
Program accomplishments
- LA FE PREPARATORY SCHOOL (PREP SCHOOL) IS AN OPEN ENROLLMENT CHARTER SCHOOL AUTHORIZED BY THE TEXAS EDUCATION AGENCY (TEA). THE MAIN FOCUS OF THE PREP SCHOOL IS EDUCATION AND IS OPERATED IN ACCORDANCE TO THE RULES AND REGULATIONS SET FORTH BY TEA. FUNDING FOR THE PREP SCHOOL IS SUPPORTED BY STATE EDUCATION FUNDING, LOCAL-STATE-FEDERAL GRANTS, AND PRIVATE CONTRIBUTIONS.Expenses $1,747,059 · revenue $7,166
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990 on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990 on file |
IRS record
- EIN
- 74-2991952
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2002
- Accounting year ends
- August
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S40)
- Assets (IRS master file)
- $2,361,589
- Income (IRS master file)
- $3,208,875
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | August 2025 | $3,208,875 | $2,952,935 | $2,361,589 | XML |
| 990-T | August 2025 | – | – | – | IRS |
| 990 | August 2024 | $2,936,960 | $3,072,387 | $2,330,871 | XML |
| 990-T | August 2024 | – | – | – | IRS |
| 990 | August 2023 | $3,057,712 | $2,670,170 | $2,373,572 | XML |
| 990-T | August 2023 | – | – | – | IRS |
| 990 | August 2022 | $2,737,517 | $2,652,632 | $1,798,361 | IRS |
| 990-T | August 2022 | – | – | – | IRS |
| 990 | August 2021 | – | – | – | IRS |
| 990-T | August 2021 | – | – | – | IRS |
| 990 | August 2020 | – | – | – | IRS |
| 990 | August 2019 | – | – | – | IRS |
| 990 | August 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 74-2991952).
Questions about LA FE PREPARATORY SCHOOL INC
- What is the EIN of LA FE PREPARATORY SCHOOL INC?
- The employer identification number (EIN) of LA FE PREPARATORY SCHOOL INC is 74-2991952.
- Is LA FE PREPARATORY SCHOOL INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to LA FE PREPARATORY SCHOOL INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LA FE PREPARATORY SCHOOL 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 LA FE PREPARATORY SCHOOL 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 LA FE PREPARATORY SCHOOL 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 LA FE PREPARATORY SCHOOL INC?
- The 990 for the year ended August 31, 2025 names Lucy M Rodarte.
- Who are the officers and directors of LA FE PREPARATORY SCHOOL INC?
- The 990 for the year ended August 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does LA FE PREPARATORY SCHOOL INC have?
- On its 990 for the year ended August 31, 2025 it reported revenue of $3,208,875, expenses of $2,952,935 and total assets of $2,361,589 at year end.
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All nonprofits in EL PASO · Texas · Community improvement and capacity building