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Nonprofit · EIN 86-2379502

VARSITY LEADERSHIP ACADEMY

Tax-exempt · RED OAK, TX 75154

Financials

$70K$81K2023
Revenue Expenses · by fiscal year end
Financials of VARSITY LEADERSHIP ACADEMY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990-EZ$70,368$80,717-$10,349$16,595–$16,595
Financial details: 990-EZ for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$70,368

Expenses

Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$54,149
Professional fees and payments to contractors
$400
Other expenses
$26,168
Program services (functional)
$63,143

Balance sheet and other

Total assets, start of year
$27,168
Total assets, end of year
$16,595
Total liabilities, end of year
–
Net assets, end of year
$16,595
Cash, savings and investments
$16,040
Gross receipts
$70,368

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-EZ for the year ended December 31, 2023, highest compensation first.

NameTitleHours / weekCompensation
ROBERT PARKSPRESIDENT15$0
MARK PEPINTREASURER10$0
CHAD MILESBOARD MEMBER0$0
MARK STERNSBOARD MEMBER0$0

Address and contacts

Address (IRS master file)
421 CENTURY WAY, RED OAK, TX 75154-4403
In care of
% MARK PEPIN
Mailing address (990-N for 2024)
420 Century Way, Red Oak TX 75154
Principal officer (990-N for 2024)
Robert Parks, 420 Century Way, Red Oak TX 75154
Signed the 990-EZ
ROBERT PARKS, PRESIDENT
Phone
(918) 289-3779
Return prepared by
RATLIFF & ASSOCIATES PC

Mission

WE HELP BUILD BRIDGES FOR MORE YOUTH TO BELONG, BELIEVE, AND BECOME THE LEADERS THEY WERE DESTINED TO BE THROUGH A FREE VALUES-BASED LEADERSHIP CURRICULUM. WE HELP YOUTH GROW IN THEIR LEADERSHIP AND FIND THE VALUES THAT DRIVE THEM, SO THEY CAN TRANSFORM THEIR TEAMS AND COMMUNITIES FOR GOOD. WE HELP EQUIP GEN Z AND GEN ALPHA STUDENTS TO HELP THEM NAVIGATE THROUGH THE CHALLENGES AROUND THEM AND KNOW HOW TO USE THEIR INFLUENCE TO REACH OUT AND SERVE THEIR PEERS.

990-EZ for the year ended December 31, 2023

Program accomplishments

  • LEADERSHIP DEVELOPMENT IN HIGH SCHOOLS AND MIDDLE SCHOOLS. THIS INCLUDES ENGAGEMENT WITH SCHOOL AND COMMUNITY LEADERS, CURRICULUM CONTRACT SERVICES FOR SOCIAL MEDIA, CONTRACT SERVICES FOR PROGRAM COORDINATION ETC.
    Expenses $63,143

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-N on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
86-2379502
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
2021
Accounting year ends
December
Files
Form 990-N (e-Postcard)

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2024
Officer: Robert Parks
December 31, 2024≤ $50,000 receipts––e-Postcard
990-EZDecember 2023$70,368$80,717$16,595XML
990-EZDecember 2022–––IRS
990-N for 2021
Officer: Robert Parks
December 31, 2021≤ $50,000 receipts––e-Postcard

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 86-2379502).

Questions about VARSITY LEADERSHIP ACADEMY

What is the EIN of VARSITY LEADERSHIP ACADEMY?
The employer identification number (EIN) of VARSITY LEADERSHIP ACADEMY is 86-2379502.
Is VARSITY LEADERSHIP ACADEMY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to VARSITY LEADERSHIP ACADEMY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does VARSITY LEADERSHIP ACADEMY file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of VARSITY LEADERSHIP ACADEMY due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did VARSITY LEADERSHIP ACADEMY last file with the IRS?
The latest return in the IRS public files is the 990-N for 2024 for the year ended December 31, 2024.
Who is the principal officer of VARSITY LEADERSHIP ACADEMY?
The 990-N for 2024 names Robert Parks.
Who are the officers and directors of VARSITY LEADERSHIP ACADEMY?
The 990-EZ for the year ended December 31, 2023 lists 4 people; 0 received compensation from the organization.
How much revenue does VARSITY LEADERSHIP ACADEMY have?
On its 990-EZ for the year ended December 31, 2023 it reported revenue of $70,368, expenses of $80,717 and total assets of $16,595 at year end.

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