Nonprofit · EIN 86-1052745
LIGHT FOUNDATION INC
Tax-exempt · DENTON, TX 76205
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $146,589 | $191,900 | -$45,311 | $858,812 | $0 | $858,812 |
| December 31, 2024 | 990-PF (amended) | $228,566 | $146,400 | $82,166 | $906,126 | $0 | $906,126 |
| December 31, 2023 | 990-PF | $390,645 | $158,450 | $232,195 | $832,480 | $0 | $832,480 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $73,999
- Net gain from sales of assets
- $72,590
Expenses
- Grants and similar amounts paid
- $161,000
- Disbursements for charitable purposes
- $161,000
- Excise tax on investment income
- $1,608
Balance sheet and other
- Total assets, start of year
- $906,126
- Total assets, end of year
- $858,812
- Total liabilities, end of year
- $0
- Net assets, end of year
- $858,812
- Fair market value of assets
- $3,341,187
- Qualifying distributions
- $161,000
- Net investment income
- $146,589
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 |
|---|---|---|---|
| LESLIE COLEMAN 1121 DALLAS DR STE 1, DENTON, TX 76205 | PRESIDENT | 0 | $0 |
| LOURAINE WILBORN 1121 DALLAS DR STE 1, DENTON, TX 76205 | Director | 0 | $0 |
990-PF for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LESLIE COLEMAN 1121 DALLAS DR STE 1, DENTON, TX 76205 | PRESIDENT | 0 | $0 |
| LOURAINE WILBORN 1121 DALLAS DR STE 1, DENTON, TX 76205 | Director | 0 | $0 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LESLIE COLEMAN 1121 DALLAS DR STE 1, DENTON, TX 76205 | PRESIDENT | 0 | $0 |
| LOURAINE WILBORN 1121 DALLAS DR STE 1, DENTON, TX 76205 | Director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 1121 DALLAS DR STE 1, DENTON, TX 76205-5100
- In care of
- % LESLIE COLEMAN
- Signed the 990-PF
- LESLIE COLEMAN, PRESIDENT
- Phone
- (940) 387-3881
- Return prepared by
- Hankins Eastup Deaton Tonn Seay & Scarbo
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
- 86-1052745
- 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
- 2003
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T90)
- Assets (IRS master file)
- $858,812
- Income (IRS master file)
- $318,857
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $146,589 | $191,900 | $858,812 | IRS |
| 990-PF | December 2024 | $228,566 | $146,400 | $906,126 | XML |
| 990-PF | December 2023 | $390,645 | $158,450 | $832,480 | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | 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 86-1052745).
Questions about LIGHT FOUNDATION INC
- What is the EIN of LIGHT FOUNDATION INC?
- The employer identification number (EIN) of LIGHT FOUNDATION INC is 86-1052745.
- Is LIGHT FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to LIGHT FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does LIGHT FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of LIGHT 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 LIGHT FOUNDATION INC 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 LIGHT FOUNDATION INC?
- The 990-PF for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does LIGHT FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $146,589, expenses of $191,900 and total assets of $858,812 at year end.
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All nonprofits in DENTON · Texas · Philanthropy, voluntarism and grantmaking foundations