Nonprofit · EIN 92-3556683
LAKE TOWN ACADEMY
Tax-exempt · LEBANON, OR 97355
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $309,193 | $319,802 | -$10,609 | $30,780 | $0 | $30,780 |
| December 31, 2023 | 990-EZ | $148,787 | $103,035 | $45,752 | $45,752 | – | $45,752 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $11,500
- Program service revenue
- $287,040
- Investment income
- $31
- Net income from fundraising events
- $10,622
- Other revenue
- $10,622
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $55,458
- Other salaries and wages
- $119,453
- Salaries, compensation and benefits (total)
- $230,361
- Professional fundraising fees
- $0
- Occupancy
- $23,581
- Program services (functional)
- $283,048
- Management and general (functional)
- $34,754
- Fundraising (functional)
- $2,000
Balance sheet and other
- Total assets, start of year
- $41,389
- Total assets, end of year
- $30,780
- Total liabilities, end of year
- $0
- Net assets, end of year
- $30,780
- Net assets without donor restrictions
- $30,780
- Gross unrelated business income
- $10,622
- Gross receipts
- $309,193
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2023
- State of legal domicile
- OR
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 |
|---|---|---|---|
| Karla Burcham | Board Chairman Trustee or director | 4 | $0 |
| Chantel Pruett | Director - Secretary Trustee or director | 4 | $0 |
| Jeremy WIlson | Director-Treasurer Trustee or director | 4 | $0 |
| Kaylene Sis | Director Trustee or director | 4 | $0 |
990-EZ for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Ashley Knight | Executive Director and Founder | 40 | $21,686 |
| Molly Haselip | Secretary | 30 | $18,002 |
Address and contacts
- Address (IRS master file)
- PO BOX 872, LEBANON, OR 97355-0872
- In care of
- % ASHLEY KNIGHT
- Principal officer (990 for 2024)
- Ashley Knight, 30337 Fairview Road, Lebanon, OR 97355
- Signed the 990
- Ashley Knight, CEO Director of Lake Town Academy
- Phone
- (541) 409-7317
Mission
The mission of Lake Town Academy is to encourage the whole child to develop a love of learning rooted in the truth of Gods word and empowering students in their God given gifts through providing a K-8 alternative learning environment.
Program accomplishments
- K-8 Education-At Lake Town Academy we were committed to fostering a learning environment where each child is valued as an individual and encouraged to grow at their own pace. As a PreK-8th grade alternative school we focus on hands-on experience-driven learning that encourages curiosity creativity and critical thinking. Rooted in faith-based beliefs we seek to nurture not only the academic but also the spiritual emotional and social growth of every student. This was our first year so only have had September -December to teach. We offered extra help to the students after school on an as needed basis. Offered a Back to School BBQ for family and students.Expenses $283,048 · revenue $297,693
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 | Check at the IRS |
IRS record
- EIN
- 92-3556683
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2023
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B80)
- Assets (IRS master file)
- $30,780
- Income (IRS master file)
- $309,193
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $309,193 | $319,802 | $30,780 | XML |
| 990-EZ | December 2023 | $148,787 | $103,035 | $45,752 | 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 92-3556683).
Questions about LAKE TOWN ACADEMY
- What is the EIN of LAKE TOWN ACADEMY?
- The employer identification number (EIN) of LAKE TOWN ACADEMY is 92-3556683.
- Is LAKE TOWN ACADEMY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to LAKE TOWN ACADEMY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LAKE TOWN ACADEMY 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 TOWN ACADEMY 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 TOWN ACADEMY 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 TOWN ACADEMY?
- The 990 for the year ended June 30, 2025 names Ashley Knight.
- Who are the officers and directors of LAKE TOWN ACADEMY?
- The 990 for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does LAKE TOWN ACADEMY have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $309,193, expenses of $319,802 and total assets of $30,780 at year end.
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