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Lake Pointe Academy Inc

  • Granbury, TX
  • Tax-exempt since June 2024
  • EIN: 45-5628514

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Specialized Education Institutions (NTEE)

Donations to this organization are tax deductible.

Details

According to its July 2024 tax filing, this nonprofit:

Operated a school
Organization is a school. Details are reported on Schedule E.

Summary charts: organization finances over time

Revenue
$105k (2024)

Expenses
$127k (2024)

Total Assets
$5.92k (2024)

Total Liabilities
$63.7k (2024)

Years with missing data
Source: Form 990 tax filings from 2013 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending July
2024

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$104,672
Expenses
$126,639
Net Income
-$21,967
Net Assets
-$57,756
Notable Sources of Revenue Percent of Total Revenue
Contributions $7,314
7.0%
Program Services $97,110
92.8%
Investment Income $248
0.2%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $5,915
Total Liabilities $63,671
Net Assets -$57,756
Other
Operated a school
Compensation
Key Employees and Officers Compensation Other
Madalyn Cano (President) $10,426 $0
Alix Conte (Treasurer) $0 $0
Jennifer Krone (Vice President) $0 $0
Stephanie Sellers (Secretary) $0 $0
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Document Links

990-EZ
Filed on July 10, 2025

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending July
2023

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$175,148
Expenses
$140,390
Net Income
$34,758
Net Assets
-$35,789
Notable Sources of Revenue Percent of Total Revenue
Contributions $31,741
18.1%
Program Services $143,407
81.9%
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $3,305
Total Liabilities $39,094
Net Assets -$35,789
Other
Operated a school
Compensation
Key Employees and Officers Compensation Other
Madalyn Cano (President) $0 $0
Alix Conte (Treasurer) $0 $0
Stephanie Sellers (Secretary) $0 $0
Jennifer Krone (Vice President) $0 $0
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Document Links

990-EZ
Filed on Dec. 14, 2024

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending July
2022

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$53,310
Expenses
$2,981
Net Income
$50,329
Net Assets
-$70,547
Notable Sources of Revenue Percent of Total Revenue
Contributions $70,615
> 100%
Program Services $0
Investment Income $0
Net Fundraising $0
Sales of Assets -$17,305
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $1,760
Total Liabilities $72,307
Net Assets -$70,547
Other
Operated a school
Compensation
Key Employees and Officers Compensation Other
Alix Conte (Treasurer) $0 $0
Madalyn Cano (President) $0 $0
Jennifer Krone (Vice President) $0 $0
Stephanie Sellers (Secretary) $0 $0
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Document Links

990-EZ
Filed on Dec. 3, 2024

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending July
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$329,589
Expenses
$353,666
Net Income
-$24,077
Net Assets
-$143,264
Notable Sources of Revenue Percent of Total Revenue
Contributions $42,475
12.9%
Program Services $273,544
83.0%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $13,570
4.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $267,818
75.7%
Assets/Debt
Total Assets $24,642
Total Liabilities $167,906
Net Assets -$143,264
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Madalyn Cano (President) $0 $0 $0
Jennifer Krone Ms Phd (Vice Preside) $0 $0 $0
Koree Massey (Treasurer) $0 $0 $0
Steve Cano (Ex Officio M) $0 $0 $0
Jane Phillips Phd Lcsw (Member) $0 $0 $0
Stephanie Sellers (Member) $0 $0 $0
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Document Links

990
Filed on March 16, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending July
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$277,426
Expenses
$357,118
Net Income
-$79,692
Net Assets
-$158,317
Notable Sources of Revenue Percent of Total Revenue
Contributions $34,549
12.5%
Program Services $241,532
87.1%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $1,225
0.4%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $120
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $296,084
82.9%
Assets/Debt
Total Assets $48,356
Total Liabilities $206,673
Net Assets -$158,317

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending July
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$372,954
Expenses
$377,950
Net Income
-$4,996
Net Assets
-$78,625
Notable Sources of Revenue Percent of Total Revenue
Contributions $34,800
9.3%
Program Services $336,036
90.1%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,118
0.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $258,367
68.4%
Assets/Debt
Total Assets $58,406
Total Liabilities $137,031
Net Assets -$78,625
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Madalyn Cano (President) $0 $0 $0
John Hall (Chairman) $0 $0 $0
Jennifer Krone Ms Phd (Vice Preside) $0 $0 $0
Andrea Thomas Baressi (Treasurer) $0 $0 $0
Kathleen Reed Med Lpc (Secretary) $0 $0 $0
Steve Cano (Ex Officio M) $0 $0 $0
Susan Miller (Ex Officio M) $0 $0 $0
Jane Phillips Phd Lcsw (Member) $0 $0 $0
Dr Donna Berkner Edd (Member) $0 $0 $0
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Document Links

990
Filed on Nov. 14, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending July
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$172,696
Expenses
$187,979
Net Income
-$15,283
Net Assets
-$60,129
Notable Sources of Revenue Percent of Total Revenue
Contributions $10,874
6.3%
Program Services $141,705
82.1%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $20,117
11.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $117,542
62.5%
Assets/Debt
Total Assets $38,008
Total Liabilities $98,137
Net Assets -$60,129

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$306,536
Expenses
$333,916
Net Income
-$27,380
Net Assets
-$44,846
Notable Sources of Revenue Percent of Total Revenue
Contributions $30,346
9.9%
Program Services $273,967
89.4%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,223
0.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $204,094
61.1%
Assets/Debt
Total Assets $30,960
Total Liabilities $75,806
Net Assets -$44,846
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Madalyn Cano (President) $0 $0 $0
Steve Cano (Vice Preside) $0 $0 $0
John Hall (Secretary) $0 $0 $0
Glynna Pate (Treasurer) $0 $0 $0
Brad Boyd (Board Member) $0 $0 $0
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Document Links

990
Filed on June 28, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$177,427
Expenses
$197,433
Net Income
-$20,006
Net Assets
-$17,466
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,373
3.0%
Program Services $171,081
96.4%
Investment Income $0
Net Fundraising $973
0.5%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $1,612
Total Liabilities $19,078
Net Assets -$17,466
Compensation
Key Employees and Officers Compensation Other
Madalyn Cano (President) $0 $0
Steve Cano (Vice Preside) $0 $0
John Hall (Secretary) $0 $0
Brad Boyd (Board Member) $0 $0
Glynna Pate (Treasurer) $0 $0
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Document Links

990-EZ
Filed on June 25, 2015

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$79,522
Expenses
$76,981
Net Income
$2,541
Net Assets
$2,541
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,347
3.0%
Program Services $77,175
97.0%
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $5,010
Total Liabilities $2,469
Net Assets $2,541

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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About Nonprofit Explorer

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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