Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 75-2039769

L P S DEVELOPMENT CORPORATION

Tax-exempt · DALLAS, TX 75214

Financials

−$194K$02024
Revenue Expenses · by fiscal year end
Financials of L P S DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
July 31, 2025990-$193,786$0-$193,786$10,168,047$9,462,375$705,672
Financial details: 990 for the year ended July 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$0
Net rental income
-$193,786
Other revenue
-$193,786

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

Balance sheet and other

Total assets, start of year
$10,666,071
Total assets, end of year
$10,168,047
Total liabilities, end of year
$9,462,375
Net assets, end of year
$705,672
Land, buildings and equipment
$10,138,052
Net assets without donor restrictions
$705,672
Gross receipts
$350,000
Employees
0
Volunteers
3
Year formed
1992
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 July 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
MATTHEW TRENTPresident
Trustee or director, Officer
1$0
KAREN OWENVP/SECRETARY
Trustee or director, Officer
1$0
KATIE LAVIETreasurer
Trustee or director, Officer
1$0
GREGORY CHALDFIN-FROM 725HEAD OF SCHOOL
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
2720 HILLSIDE DR, DALLAS, TX 75214-3429
Principal officer (990 for 2024)
MATTHEW TRENT, 2720 HILLSIDE DRIVE, DALLAS, TX 75214
Signed the 990
GREGORY CHALDFIN, HEAD OF SCHOOL
Phone
(214) 826-2931
Return prepared by
Sutton Frost Cary LLP

Mission

THE ORGANIZATION WAS ESTABLISHED TO RECEIVE, MAINTAIN AND OWN REAL ESTATE AND USE ANY OR ALL THE DERIVED INCOME FOR EDUCATIONAL PURPOSES AS NEEDED BY LAKEHILL PREPARATORY SCHOOL.

990 for the year ended July 31, 2025

Program accomplishments

  • THE ORGANIZATION WAS ESTABLISHED TO RECEIVE, MAINTAIN AND OWN REAL ESTATE AND USE ANY OR ALL THE DERIVED INCOME FOR EDUCATIONAL PURPOSES AS NEEDED BY LAKEHILL PREPARATORY SCHOOL.

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 July, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025July 31, 2026December 15, 2026Not due yet
2024July 31, 2025December 15, 2025990 on file
2023July 31, 2024December 16, 2024990 on file

IRS record

EIN
75-2039769
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
1985
Accounting year ends
July
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B110)
Assets (IRS master file)
$10,168,047
Income (IRS master file)
$350,000

Filing history

FormYear endedRevenueExpensesAssetsReturn
990July 2025–––IRS
990July 2024–––IRS
990July 2023-$111,708$0$10,627,127IRS
990July 2022-$107,917$0$10,203,391IRS
990July 2021–––IRS
990July 2020–––IRS
990July 2019–––IRS
990July 2018–––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 L P S DEVELOPMENT CORPORATION

What is the EIN of L P S DEVELOPMENT CORPORATION?
The employer identification number (EIN) of L P S DEVELOPMENT CORPORATION is 75-2039769.
Is L P S DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1985.
Are donations to L P S DEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does L P S DEVELOPMENT CORPORATION 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 L P S DEVELOPMENT CORPORATION due?
The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did L P S DEVELOPMENT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended July 2025.
Who is the principal officer of L P S DEVELOPMENT CORPORATION?
The 990 for the year ended July 31, 2025 names MATTHEW TRENT.
Who are the officers and directors of L P S DEVELOPMENT CORPORATION?
The 990 for the year ended July 31, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does L P S DEVELOPMENT CORPORATION have?
On its 990 for the year ended July 31, 2025 it reported revenue of -$193,786, expenses of $0 and total assets of $10,168,047 at year end.

Other nonprofits in DALLAS

All nonprofits in DALLAS · Texas · Education