Nonprofit · EIN 83-4067996
TWELFTH GATE FOUNDATION INC
Tax-exempt · SHREVEPORT, LA 71106
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $118,441 | $338,601 | -$220,160 | $2,718,614 | $2,607,360 | $111,254 |
| December 31, 2024 | 990 | $287,485 | $110,947 | $176,538 | $2,156,856 | $1,825,442 | $331,414 |
| December 31, 2023 | 990 | $64,566 | $67,816 | -$3,250 | $767,113 | $612,237 | $154,876 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $159,385
- Program service revenue
- $0
- Investment income
- $0
- Net rental income
- -$40,944
- Other revenue
- -$40,944
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
- Legal fees
- $1,808
- Depreciation
- $91,561
- Program services (functional)
- $49,271
Balance sheet and other
- Total assets, start of year
- $2,156,856
- Total assets, end of year
- $2,718,614
- Total liabilities, end of year
- $2,607,360
- Net assets, end of year
- $111,254
- Land, buildings and equipment
- $2,664,980
- Net assets without donor restrictions
- $111,254
- Gross receipts
- $184,235
- Employees
- 0
- Year formed
- 2019
- 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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SCOTT SCHNEIDER | President Trustee or director | 0 | $0 |
| SEAN CASEY | Vice President Trustee or director | 0 | $0 |
| NEIL CARLISLE | Treasurer Trustee or director | 0 | $0 |
990 for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GERALD H LOREY | President Trustee or director | 0 | $0 |
| BRAD A POWELL | Vice President Trustee or director | 0 | $0 |
| GEOFFREY S HILL | Treasurer Trustee or director | 0 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GERALD H LOREY | President Trustee or director | 0 | $0 |
| BRAD A POWELL | Vice President Trustee or director | 0 | $0 |
| GEOFFREY S HILL | Treasurer Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 405 ASHLEY RIDGE BLVD, SHREVEPORT, LA 71106-7229
- In care of
- % GERALD H LOREY
- Principal officer (990 for 2025)
- GERALD H LOREY
- Signed the 990
- GERALD H LOREY, President
- Phone
- (318) 525-7902
- Return prepared by
- Hunter Carlisle & Associate LLC
Mission
FORMED IN 2019, TO ASSIST THE EPSILON GAMMA CHAPTER OF KAPPA SIGMA. TO HELP BUILD AND MAINTAIN THE FUTURE CHAPTER HOUSE. WE WILL ALSO AWARD ACADEMIC ACHIEVEMENT THROUGH SCHOLARSHIPS AND OFFER ALUMNI SUPPORT.
Program accomplishments
- FORMED IN 2019, TO ASSIST THE EPSILON GAMMA CHAPTER OF KAPPA SIGMA, HELP BUILD AND MAINTAIN THE FUTURE CHAPTER HOUSE. WE WILL ALSO AWARD ACADEMIC ACHIEVEMENT THROUGH SCHOLARSHIPS AND OFFER ALUMNI SUPPORT.
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
- 83-4067996
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 2020
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B83)
- Assets (IRS master file)
- $2,718,614
- Income (IRS master file)
- $184,235
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $118,441 | $338,601 | $2,718,614 | XML |
| 990 | December 2024 | $287,485 | $110,947 | $2,156,856 | XML |
| 990 | December 2023 | $64,566 | $67,816 | $767,113 | XML |
| 990 | December 2022 | $105,218 | $40,971 | $770,467 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-EZ | December 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 83-4067996).
Questions about TWELFTH GATE FOUNDATION INC
- What is the EIN of TWELFTH GATE FOUNDATION INC?
- The employer identification number (EIN) of TWELFTH GATE FOUNDATION INC is 83-4067996.
- Is TWELFTH GATE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 2020.
- Are donations to TWELFTH GATE FOUNDATION INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does TWELFTH GATE 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 TWELFTH GATE 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 TWELFTH GATE 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 TWELFTH GATE FOUNDATION INC?
- The 990 for the year ended December 31, 2025 names GERALD H LOREY.
- Who are the officers and directors of TWELFTH GATE FOUNDATION INC?
- The 990 for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does TWELFTH GATE FOUNDATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $118,441, expenses of $338,601 and total assets of $2,718,614 at year end.
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