Nonprofit · EIN 92-3656650
LAND ACADEMY ELEMENTARY INC
Tax-exempt · MEMPHIS, TN 38127
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $715,767 | $614,315 | $101,452 | $101,451 | $0 | $101,451 |
| December 31, 2024 | 990-EZ | $64,078 | $143,522 | -$79,444 | $117,824 | $34,732 | -$79,444 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $715,767
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $339,571
- Salaries, compensation and benefits (total)
- $365,548
- Professional fundraising fees
- $0
- Accounting fees
- $1,500
- Occupancy
- $78,357
- Program services (functional)
- $544,471
- Management and general (functional)
- $69,844
Balance sheet and other
- Total assets, start of year
- $83,092
- Total assets, end of year
- $101,451
- Total liabilities, end of year
- $0
- Net assets, end of year
- $101,451
- Gross receipts
- $715,767
- Employees
- 13
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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LEADREA RATLIF | SECRETARY Key employee | 10 | $30,119 |
| E SHELTON JR | EXECUTIVE DIR Officer | 10 | $12,804 |
| CYNTHIA REED | BOARD MEMBER Trustee or director | 10 | $12,804 |
| ELLIOT SHELTON | CEO Officer | 10 | $7,760 |
990-EZ for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ELLIOT SHELTON SR | CHIEF EXECUTIVE OFFICER | 10 | $0 |
| ELIOTT SHELTON JR | EXECUTIVE OFFICER | 5 | $0 |
| LEANDREA RATLIFF | SECRETARY | 10 | $0 |
| CYNTHIA REED | BOARD MEMBER | 5 | $0 |
| TANDRA INMON | BOARD MEMBER | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 3430 OVERTON CROSSING ST, MEMPHIS, TN 38127-5748
- In care of
- % PASTOR ELLIOT SHELTON
- Principal officer (990 for 2025)
- ELLIOT SHELTON, 3430 OVERTON CROSSING, MEMPHIS, TN 38127
- Signed the 990
- ELLIOT SHELTON, CEO
- Phone
- (901) 440-4660
- Return prepared by
- CRITTLE FINANCIAL INC
Mission
TO ENGAGE STUDENTS IN PROJECT BASED LEARNING, EXPOSE THEM TO REAL WORLD EXPERIENCES, AND EQUIP THEM FOR ACADEMIC ECELLENCE.
Program accomplishments
- THE FIRST MAJOR EXPENSE IS SALARY AND WAGES.Expenses $339,571 · grants $300,000
- THE SECOND MAJOR EXPENSE IS RENT EXPENSE.Expenses $78,357 · grants $120,000
- THE THIRD MAJOR EXPENSE IS EMPLOYEE BENEFITS.Expenses $38,394 · grants $3,500
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 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 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 92-3656650
- 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
- 2024
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B24)
- Assets (IRS master file)
- $101,451
- Income (IRS master file)
- $715,767
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $715,767 | $614,315 | $101,451 | IRS |
| 990-EZ | December 2024 | $64,078 | $143,522 | $117,824 | XML |
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 92-3656650).
Questions about LAND ACADEMY ELEMENTARY INC
- What is the EIN of LAND ACADEMY ELEMENTARY INC?
- The employer identification number (EIN) of LAND ACADEMY ELEMENTARY INC is 92-3656650.
- Is LAND ACADEMY ELEMENTARY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Are donations to LAND ACADEMY ELEMENTARY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LAND ACADEMY ELEMENTARY INC 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 LAND ACADEMY ELEMENTARY 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 LAND ACADEMY ELEMENTARY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of LAND ACADEMY ELEMENTARY INC?
- The 990 for the year ended December 31, 2025 names ELLIOT SHELTON.
- Who are the officers and directors of LAND ACADEMY ELEMENTARY INC?
- The 990 for the year ended December 31, 2025 lists 4 people; 4 received compensation from the organization, the highest $30,119 (LEADREA RATLIF, SECRETARY).
- How much revenue does LAND ACADEMY ELEMENTARY INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $715,767, expenses of $614,315 and total assets of $101,451 at year end.
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