LORAINE EDUCATION FOUNDATION INC
LORAINE,
Texas,
79532
EIN: 61-1598206
Educational Institutions and Related Activities
DEMOGRAPHIC
ADDRESS
PO BOX 457
79532
COUNTY
mitchell county, TX
ORGANIZATIONAL OVERVIEW & RANKINGS
LORAINE EDUCATION FOUNDATION INC is a based in LORAINE, TX, focused on Educational Institutions and Related Activities causes , specifically Scholarships, Student Financial Aid Services, Awards. Established in October 2014, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $3,721,494.00, this ranks 107,498 among 2,656,690 nonprofits nationally (Top 5%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 6,541 out of 202,022 organizations in TX (Top 4%).
In mitchell county, TX, the organization ranks 1 out of 77 nonprofits by assets (Top 1%), while locally in loraine, it stands at 1 among 7 organizations (Top 1%).
The organization reported annual revenue of $144,535.00, ranking 336,320 nationally (Top 13%) and 21,001 in TX (Top 11%).
Within its specific NTEE classification (B82 - B: Educational Institutions and Related Activities), which includes 31,922 similar organizations, LORAINE EDUCATION FOUNDATION INC ranks 661 in assets (Top 3%) and 1,997 in revenue (Top 7%).
Note: This organization's tax-exempt status was temporarily revoked on January 15, 2012 and was reinstated on January 15, 2012 .
The organization files a 990 (all other) or 990EZ return and operates on a July fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
B: Educational Institutions and Related Activities
NTEE CODE
B82: Scholarships, Student Financial Aid Services, Awards
FOUNDATION CODE
22: 509(a)(3) Type II
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
Revoked: Sunday, January 15, 2012;
Reinstated: Sunday, January 15, 2012
TAX PERIOD
08/2023
ACCOUNTING PERIOD
08
INCOME CODE
4: $100,000 to $499,999
INCOME AMOUNT
$144,535.00
FORM 990 REVENUE AMOUNT
$144,535.00
RULING DATE
10/2014
ASSET CODE
6: $1,000,000 to $4,999,999
ASSET AMOUNT
$3,721,494.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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