Nonprofit · EIN 86-0868862
LAKE TAHOE SCHOOL
Tax-exempt · INCLINE VLG, NV 89451
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $8,246,091 | $10,250,473 | -$2,004,382 | $26,658,441 | $1,220,739 | $25,437,702 |
| June 30, 2024 | 990 | $7,548,584 | $7,963,007 | -$414,423 | $28,302,821 | $1,029,951 | $27,272,870 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,381,815
- Program service revenue
- $6,786,165
- Investment income
- $143,638
- Net gain from sales of assets
- -$114,941
- Net income from fundraising events
- -$70,727
- Net income from gaming
- $5,200
- Other revenue
- -$65,527
Expenses
- Grants and similar amounts paid
- $1,778,701
- Compensation of officers, directors and key employees
- $595,961
- Other salaries and wages
- $3,768,746
- Salaries, compensation and benefits (total)
- $5,363,855
- Professional fundraising fees
- $0
- Legal fees
- $19,037
- Accounting fees
- $36,449
- Occupancy
- $490,449
- Travel
- $61,314
- Depreciation
- $913,869
- Program services (functional)
- $8,254,040
- Management and general (functional)
- $1,631,108
- Fundraising (functional)
- $365,325
Balance sheet and other
- Total assets, start of year
- $28,302,821
- Total assets, end of year
- $26,658,441
- Total liabilities, end of year
- $1,220,739
- Net assets, end of year
- $25,437,702
- Land, buildings and equipment
- $20,922,763
- Publicly traded securities
- $4,525,718
- Net assets without donor restrictions
- $24,977,702
- Net assets with donor restrictions
- $460,000
- Gross receipts
- $24,763,651
- Employees
- 81
- Volunteers
- 40
- Year formed
- 1997
- State of legal domicile
- NV
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Robert Graves | Head of School Officer | 40 | $254,403 | $26,250 |
| Kris Nugent | Asst Head of School/Dir of Admissions Officer | 40 | $128,614 | $18,317 |
| Joshua Palmer | Director of Operations Highest-paid employee | 40 | $123,646 | $8,322 |
| Craig Thomas | Chief Financial Officer Officer | 40 | $110,669 | $6,681 |
| Steven Pandola | Director of Technology Highest-paid employee | 40 | $103,664 | $12,246 |
| James Sohn | Chair Trustee or director, Officer | 2 | $0 | $0 |
| Pete Garcia | Interim Chair (thru Dec 2025) Trustee or director, Officer | 1 | $0 | $0 |
| Jenny Molinelli | Vice Chair Trustee or director, Officer | 2 | $0 | $0 |
| Kendra Wong | Treasurer Trustee or director, Officer | 2 | $0 | $0 |
| Amy Berry | Secretary Trustee or director, Officer | 2 | $0 | $0 |
| Robert Bryan | Trustee Trustee or director | 1 | $0 | $0 |
| Ryan Hyslop | Trustee Trustee or director | 1 | $0 | $0 |
| Nate Offenberg | Trustee Trustee or director | 1 | $0 | $0 |
| Amanda McLeod | Trustee Trustee or director | 1 | $0 | $0 |
| Zari Takavoli | Trustee Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ROBERT E GRAVES | HEAD OF SCHOOL Officer | 40 | $237,821 | $41,039 |
| KRIS NUGENT | AST HEAD OF SCHOOL Highest-paid employee | 40 | $115,000 | $19,842 |
| CRAIG THOMAS | BUSINESS MANAGER Officer | 40 | $97,500 | $16,825 |
| REBECCA KASSEKERT | TRUSTEE Trustee or director, Officer | 2 | $0 | $0 |
| JENNY MOLINELLI | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| AMANDA MCLEOD | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ROB ALSTON | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| BOB BRYAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KENDRA WONG | TRUSTEE Trustee or director | 1 | $0 | $0 |
| AMY BERRY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| PETER GARCIA | INTERIM CHAIR Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 995 TAHOE BLVD, INCLINE VLG, NV 89451-9500
- Principal officer (990 for 2024)
- Robert Graves, 995 Tahoe Blvd, Incline Village, NV 89451
- Signed the 990
- Robert Graves, Head of School
- Phone
- (775) 831-5828
- Return prepared by
- Eide Bailly LLP
Mission
To create a joyful and academically challenging learning environment that echoes the wonder of Lake Tahoe, cultivates community, and sparks personal discovery that leads to an extraordinary future for every student.
Program accomplishments
- Lake Tahoe School provides a comprehensive independent education to approximately 240 students in preschool through eighth grade. During the fiscal year, the school successfully delivered 180 instructional days and maintained a student-to-teacher ratio of 8:1 to ensure personalized instruction. Beyond academics, the school provided extracurricular opportunities in the arts, athletics, and community service to the student body. The school also awarded $1.78 million in need-based financial aid to 82 students, furthering our commitment to a diverse and inclusive learning environment.Expenses $8,254,040 · grants $1,778,701 · revenue $6,786,165
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 86-0868862
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1997
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B21P)
- Assets (IRS master file)
- $26,658,441
- Income (IRS master file)
- $24,763,651
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $8,246,091 | $10,250,473 | $26,658,441 | IRS |
| 990 | June 2024 | $7,548,584 | $7,963,007 | $28,302,821 | XML |
| 990 | June 2023 | $6,301,123 | $6,786,161 | $28,964,796 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 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 86-0868862).
Questions about LAKE TAHOE SCHOOL
- What is the EIN of LAKE TAHOE SCHOOL?
- The employer identification number (EIN) of LAKE TAHOE SCHOOL is 86-0868862.
- Is LAKE TAHOE SCHOOL tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
- Are donations to LAKE TAHOE SCHOOL tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LAKE TAHOE SCHOOL 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 TAHOE SCHOOL due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LAKE TAHOE SCHOOL last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of LAKE TAHOE SCHOOL?
- The 990 for the year ended June 30, 2025 names Robert Graves.
- Who are the officers and directors of LAKE TAHOE SCHOOL?
- The 990 for the year ended June 30, 2025 lists 15 people; 5 received compensation from the organization, the highest $254,403 (Robert Graves, Head of School).
- How much revenue does LAKE TAHOE SCHOOL have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $8,246,091, expenses of $10,250,473 and total assets of $26,658,441 at year end.
Other nonprofits in INCLINE VLG
- TAHOE COMMUNITY FOUNDATION EIN 88-0362053 · last filed 990 for 2025
- DAVIDSON INSTITUTE FOR TALENT DEVELOPMENT EIN 88-0427864 · last filed 990 for 2025
- SAINT CLARES TAHOE A MOUNTAIN MONTESSORI SCHOOL EIN 83-1261298 · last filed 990 for 2024
- INCLINE BOOSTERS CLUB EIN 88-0232960 · last filed 990 for 2025
- INCLINE EDUCATION FUND EIN 85-3759623 · last filed 990 for 2025
- INCLINE VILLAGE NURSERY SCHOOL INC EIN 94-1728756 · last filed 990 for 2025
- LAKESHORE FOUNDATION EIN 46-3313924 · last filed 990-EZ for 2025
- INCLINE STAR FOLLIES INC EIN 88-0475096 · last filed 990-EZ for 2025