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Nonprofit · EIN 75-2906328

LAKE CITIES EDUCATION FOUNDATION INC

Tax-exempt · LAKE DALLAS, TX 75065

Financials

$273K$157K2023$323K$107K2024$366K$173K2025
Revenue Expenses · by fiscal year end
Financials of LAKE CITIES EDUCATION FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$366,130$173,416$192,714$3,470,192$0$3,470,192
December 31, 2024990$322,859$107,331$215,528$2,966,966$0$2,966,966
December 31, 2023990$272,976$157,428$115,548$2,475,338$1,501$2,473,837
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$77,813
Program service revenue
$0
Investment income
$138,207
Net income from fundraising events
$150,110
Other revenue
$150,110

Expenses

Grants and similar amounts paid
$143,525
Compensation of officers, directors and key employees
$0
Other salaries and wages
$20,000
Salaries, compensation and benefits (total)
$20,000
Professional fundraising fees
$0
Legal fees
$900
Program services (functional)
$167,025
Management and general (functional)
$6,391

Balance sheet and other

Total assets, start of year
$2,966,966
Total assets, end of year
$3,470,192
Total liabilities, end of year
$0
Net assets, end of year
$3,470,192
Publicly traded securities
$3,303,485
Net assets with donor restrictions
$3,470,192
Gross receipts
$468,366
Employees
0
Year formed
2000
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 December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Tom DavenportTreasurer
Trustee or director, Officer
2$0
Karla LandrumExecutive Dir.
Trustee or director
6$0
Don GlockelMember
Trustee or director, Officer
2$0
Elizabeth DrozdMember
Trustee or director
0$0
Mike DrozdMember
Trustee or director
1$0
Gaye DrakeMember
Trustee or director
0$0
Trenna EzzellVice President
Trustee or director
1$0
Larry GilbertMember
Trustee or director
1$0
Frank GrahamMember
Trustee or director
1$0
Bill HeidemannMember
Trustee or director
1$0
Dr Kristin N BrownMember
Trustee or director
0$0
Tina HicksMember
Trustee or director
1$0
Mike McDanielMember
Trustee or director
1$0
Gary PeppersMember
Trustee or director
1$0
Jay RossMember
Trustee or director
1$0
7 more people on this return
NameTitleHours / weekCompensation
Michael ShaySecretary
Trustee or director
1$0
Gene DavenportMember
Trustee or director
0$0
Cliff HiggsMember
Trustee or director
0$0
Mark TuckerMember
Trustee or director
0$0
Jerry BlazewiczPresident
Trustee or director
1$0
Greg SawkoMember
Trustee or director
0$0
Alyssa WhittleMember
Trustee or director
0$0
990 for the year ended December 31, 2024: 21 people
NameTitleHours / weekCompensation
Tom DavenportTreasurer
Trustee or director, Officer
2$0
Karla LandrumExecutive Dir.
Trustee or director
6$0
Don GlockelMember
Trustee or director, Officer
2$0
Elizabeth DonaldMember
Trustee or director
0$0
Mike DrozdMember
Trustee or director
1$0
Gaye DrakeMember
Trustee or director
0$0
Trenna EzzellVice President
Trustee or director
1$0
Larry GilbertMember
Trustee or director
1$0
Frank GrahamMember
Trustee or director
1$0
Bill HeidemannMember
Trustee or director
1$0
Dr Kristin N BrownMember
Trustee or director
0$0
Tina HicksMember
Trustee or director
1$0
Mike McDanielMember
Trustee or director
1$0
Gary PeppersMember
Trustee or director
1$0
Jay RossMember
Trustee or director
1$0
Michael ShaySecretary
Trustee or director
1$0
Fred WhitfieldMember
Trustee or director
1$0
Pat ShermanMember
Trustee or director
0$0
Mark TuckerMember
Trustee or director
0$0
Jerry BlazewiczPresident
Trustee or director
1$0
Alyssa WhittleMember
Trustee or director
0$0
990 for the year ended December 31, 2023: 20 people
NameTitleHours / weekCompensation
Tom DavenportTreasurer
Trustee or director, Officer
2$0
Karla LandrumExecutive Dir.
Trustee or director
6$0
Don GlockelPresident
Trustee or director, Officer
2$0
Fon LaughlinSecretary
Trustee or director
2$0
Mike DrozdMember
Trustee or director
1$0
Lance StacyDirector
Trustee or director
1$0
Trenna EzzellMember
Trustee or director
1$0
Larry GilbertMember
Trustee or director
1$0
Frank GrahamMember
Trustee or director
1$0
Bill HeidemannMember
Trustee or director
1$0
Larry HibberdMember
Trustee or director
1$0
Tina HicksMember
Trustee or director
1$0
Mike McDanielMember
Trustee or director
1$0
Gary PeppersMember
Trustee or director
1$0
Jay RossMember
Trustee or director
1$0
Michael ShayMember
Trustee or director
1$0
Fred WhitfieldMember
Trustee or director
1$0
Staci WallaceMember
Trustee or director
1$0
Mike RockwoodMember
Trustee or director
1$0
Jerry BlazewiczMember
Trustee or director
1$0

Address and contacts

Address (IRS master file)
PO BOX 1294, LAKE DALLAS, TX 75065-1294
In care of
% FRANK GRAHAM
Principal officer (990 for 2025)
Tom Davenport, PO Box 1294, Lake Dallas, TX 75065
Signed the 990
Tom Davenport, Treasurer
Phone
(940) 497-5233
Return prepared by
PATTERSON CPA LLC

Mission

PROMOTE EDUCATION BY SOLICITING COMMUNITY INVOLVEMENT AND BY PROVIDING EDUCATIONAL SCHOLARSHIPS FOR STUDENTS OF THE LAKE DALLAS ISD.

990 for the year ended December 31, 2025

Program accomplishments

  • Educational scholarships in the community for Students and Teachers.
    Expenses $167,025

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
75-2906328
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
2001
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,470,192
Income (IRS master file)
$468,366

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$366,130$173,416$3,470,192XML
990December 2024$322,859$107,331$2,966,966XML
990December 2023$272,976$157,428$2,475,338XML
990December 2022$374,119$184,134$2,035,865IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 75-2906328).

Questions about LAKE CITIES EDUCATION FOUNDATION INC

What is the EIN of LAKE CITIES EDUCATION FOUNDATION INC?
The employer identification number (EIN) of LAKE CITIES EDUCATION FOUNDATION INC is 75-2906328.
Is LAKE CITIES EDUCATION FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
Are donations to LAKE CITIES EDUCATION FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LAKE CITIES 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 LAKE CITIES EDUCATION FOUNDATION INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LAKE CITIES EDUCATION FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of LAKE CITIES EDUCATION FOUNDATION INC?
The 990 for the year ended December 31, 2025 names Tom Davenport.
Who are the officers and directors of LAKE CITIES EDUCATION FOUNDATION INC?
The 990 for the year ended December 31, 2025 lists 22 people; 0 received compensation from the organization.
How much revenue does LAKE CITIES EDUCATION FOUNDATION INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $366,130, expenses of $173,416 and total assets of $3,470,192 at year end.

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