Nonprofit · EIN 85-2482674
LONESTAR FOUNDATION
Tax-exempt · AUSTIN, TX 78722
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $26,980 | $21,118 | $5,862 | $99,219 | $0 | $99,219 |
| December 31, 2024 | 990-PF | $19,076 | $16,899 | $2,177 | $103,259 | $0 | $103,259 |
| December 31, 2023 | 990-PF | $65,741 | $19,859 | $45,882 | $98,292 | $0 | $98,292 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $26,980
Expenses
- Grants and similar amounts paid
- $5,873
- Disbursements for charitable purposes
- $20,218
Balance sheet and other
- Total assets, start of year
- $93,359
- Total assets, end of year
- $99,219
- Total liabilities, end of year
- $0
- Net assets, end of year
- $99,219
- Fair market value of assets
- $99,219
- Qualifying distributions
- $20,218
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-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| VICKY VALDEZ 3501 BASFORD RD, Austin, TX 78722 | TRUSTEE | 1 | $0 |
990-PF for the year ended December 31, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| VICKY VALDEZ 3501 BASFORD RD, Austin, TX 78722 | TRUSTEE | 1 | $0 |
990-PF for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| VICKY VALDEZ 3501 BASFORD RD, AUSTIN, TX 787221305 | TRUSTEE | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 3501 BASFORD RD, AUSTIN, TX 78722-1305
- In care of
- % VICKY VALDEZ
- Signed the 990-PF
- VICKY VALDEZ, TRUSTEE
- Phone
- (512) 971-6318
- Return prepared by
- XIAOLAN MA CPA LLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. 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-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 85-2482674
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2021
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $99,219
- Income (IRS master file)
- $26,980
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $26,980 | $21,118 | $99,219 | XML |
| 990-PF | December 2024 | $19,076 | $16,899 | $103,259 | XML |
| 990-PF | December 2023 | $65,741 | $19,859 | $98,292 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | 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 85-2482674).
Questions about LONESTAR FOUNDATION
- What is the EIN of LONESTAR FOUNDATION?
- The employer identification number (EIN) of LONESTAR FOUNDATION is 85-2482674.
- Is LONESTAR FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to LONESTAR FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does LONESTAR FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of LONESTAR 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 LONESTAR FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of LONESTAR FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 1 person; 0 received compensation from the organization.
- How much revenue does LONESTAR FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $26,980, expenses of $21,118 and total assets of $99,219 at year end.
Other nonprofits in AUSTIN
- MICHAEL & SUSAN DELL FOUNDATION EIN 36-4336415 · last filed 990-PF for 2024
- CHARITABLE ASSETS TR EIN 99-6327547 · last filed 990 for 2024
- MUSK FOUNDATION EIN 85-2133087 · last filed 990-PF for 2024
- AUSTIN COMMUNITY FOUNDATION EIN 74-1934031 · last filed 990 for 2024
- MULVA FAMILY FOUNDATION EIN 20-3221183 · last filed 990-PF for 2024
- HOLDSWORTH CENTER EIN 81-4254457 · last filed 990 for 2025
- SHALOM AUSTIN EIN 74-1469465 · last filed 990 for 2024
- MICHAEL & ALICE KUHN FOUNDATION EIN 74-2791217 · last filed 990-PF for 2025
All nonprofits in AUSTIN · Texas · Philanthropy, voluntarism and grantmaking foundations