Nonprofit · EIN 81-4544601
LANE THOMAS FOUNDATION
Tax-exempt · ELKHORN, NE 68022
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $482,091 | $151,490 | $330,601 | $7,501,413 | $16,855 | $7,484,558 |
| December 31, 2024 | 990 | $408,742 | $149,697 | $259,045 | $6,666,178 | $10,360 | $6,655,818 |
| December 31, 2023 | 990 | $377,170 | $203,887 | $173,283 | $5,964,071 | $5,126 | $5,958,945 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $160,360
- Program service revenue
- $0
- Investment income
- $321,731
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $125,871
- Other salaries and wages
- $8,054
- Salaries, compensation and benefits (total)
- $8,670
- Professional fundraising fees
- $0
- Legal fees
- $598
- Accounting fees
- $6,858
- Depreciation
- $178
- Program services (functional)
- $127,443
- Management and general (functional)
- $21,392
- Fundraising (functional)
- $2,655
Balance sheet and other
- Total assets, start of year
- $6,666,178
- Total assets, end of year
- $7,501,413
- Total liabilities, end of year
- $16,855
- Net assets, end of year
- $7,484,558
- Publicly traded securities
- $7,282,469
- Net assets without donor restrictions
- $7,484,558
- Gross receipts
- $482,091
- Employees
- 1
- Volunteers
- 10
- Year formed
- 2016
- State of legal domicile
- NE
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Matthew Graves | Chairman Trustee or director, Officer | 40 | $0 |
| Melissa Graves | Vice Chairman Trustee or director, Officer | 20 | $0 |
| Diane Compardo | Treasurer Trustee or director, Officer | 2 | $0 |
| Dr Jeffrey Gold | Board Member Trustee or director | 1 | $0 |
| Dr Joann Schaefer | Board Member Trustee or director | 1 | $0 |
| Julie Phillips | Board Member Trustee or director | 1 | $0 |
| Greg Oswald | Board Member Trustee or director | 1 | $0 |
| Angie Gottsch | Board Member Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Matthew Graves | Chairman Trustee or director, Officer | 40 | $0 |
| Melissa Graves | Vice Chairman Trustee or director, Officer | 20 | $0 |
| Diane Compardo | Treasurer (as of Jan 2024) Trustee or director, Officer | 2 | $0 |
| Mark Conrad | Treasurer (until Jan 2024) Trustee or director, Officer | 2 | $0 |
| Dr Jeffrey Gold | Board Member Trustee or director | 1 | $0 |
| Dr Joann Schaefer | Board Member Trustee or director | 1 | $0 |
| Patrick Gottsch | Board Member (until May 2024) Trustee or director | 1 | $0 |
| Julie Phillips | Board Member Trustee or director | 1 | $0 |
| Greg Oswald | Board Member Trustee or director | 1 | $0 |
| Angie Gottsch | Board Member (as of Oct 2024) Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Matthew Graves | Chairman Trustee or director, Officer | 40 | $0 |
| Melissa Graves | Vice Chairman Trustee or director, Officer | 20 | $0 |
| Mark Conrad | Treasurer Trustee or director, Officer | 2 | $0 |
| Dr Jeffrey Gold | Board Member Trustee or director | 1 | $0 |
| Dr Joann Schaefer | Board Member Trustee or director | 1 | $0 |
| Patrick Gottsch | Board Member Trustee or director | 1 | $0 |
| Julie Phillips | Board Member Trustee or director | 1 | $0 |
| Greg Oswald | Board Member Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 21463 WALNUT ST, ELKHORN, NE 68022-2287
- In care of
- % MATTHEW GRAVES
- Principal officer (990 for 2025)
- Matthew Graves, PO Box 540365, Omaha, NE 68154
- Signed the 990
- Matthew Graves, CEO and Chairman of the Board
- Phone
- (402) 200-5830
- Website
- www.lanethomas.org
- Return prepared by
- Eide Bailly LLP
Mission
The Lane Thomas Foundation was established to give honor and light to Lane's life. The Foundation is dedicated to supporting families of children needing life-saving transplants.
Program accomplishments
- The Lane Thomas Foundation provided $125,871 in non-medical financial assistance to support 25 families of children undergoing solid organ or bone marrow transplants, allowing the parents to focus on their child while keeping the family together. Families often must travel from out of state to obtain life-saving medical services. They incur duplicate living expenses while they are away from their home and often must leave their job due to extended periods of time they must spend in Omaha. The Lane Thomas Foundation assists the families with expenses at home (mortgage/rent, auto payment, auto insurance, cell phone, utilities) while the child is in the hospital during their transplant journey.Expenses $127,301 · grants $125,871
- The Lane Thomas Foundation works to improve public awareness and understanding for increased pediatric organ donation to ultimately save children's lives. The Foundation provided information and education at events and provides information regarding the need for pediatric organ donations on its website and social pages.Expenses $142
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 81-4544601
- 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
- 2017
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E12)
- Assets (IRS master file)
- $7,501,413
- Income (IRS master file)
- $482,091
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $482,091 | $151,490 | $7,501,413 | XML |
| 990 | December 2024 | $408,742 | $149,697 | $6,666,178 | XML |
| 990 | December 2023 | $377,170 | $203,887 | $5,964,071 | XML |
| 990 | December 2022 | $294,539 | $277,010 | $5,184,572 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 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 81-4544601).
Questions about LANE THOMAS FOUNDATION
- What is the EIN of LANE THOMAS FOUNDATION?
- The employer identification number (EIN) of LANE THOMAS FOUNDATION is 81-4544601.
- Is LANE THOMAS FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to LANE THOMAS FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LANE THOMAS FOUNDATION 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 LANE THOMAS FOUNDATION 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 LANE THOMAS FOUNDATION 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 LANE THOMAS FOUNDATION?
- The 990 for the year ended December 31, 2025 names Matthew Graves.
- Who are the officers and directors of LANE THOMAS FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does LANE THOMAS FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $482,091, expenses of $151,490 and total assets of $7,501,413 at year end.
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