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Nonprofit · EIN 74-2931329

LS CLASSIC FOUNDATION

Tax-exempt · AUSTIN, TX 78732

Financials

$2.6M$670K2023$962K$823K2024
Revenue Expenses · by fiscal year end
Financials of LS CLASSIC FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$962,113$823,193$138,920$3,077,981$1,695$3,076,286
December 31, 2023990$2,577,479$669,764$1,907,715$2,941,969$4,605$2,937,364
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$754,359
of which government grants
$248,325
Program service revenue
$0
Investment income
$122,289
Net income from fundraising events
$85,465
Other revenue
$85,465

Expenses

Grants and similar amounts paid
$148,171
Other salaries and wages
$214,958
Salaries, compensation and benefits (total)
$235,734
Professional fundraising fees
$0
Legal fees
$1,420
Travel
$220
Program services (functional)
$797,062
Management and general (functional)
$24,013
Fundraising (functional)
$2,118

Balance sheet and other

Total assets, start of year
$2,941,969
Total assets, end of year
$3,077,981
Total liabilities, end of year
$1,695
Net assets, end of year
$3,076,286
Net assets without donor restrictions
$3,076,286
Gross receipts
$1,229,393
Employees
4
Volunteers
0
Year formed
2000
State of legal domicile
TX

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
MIKE HAYNESEXEC. DIR.
Officer
40$18,409
L DOUGLAS ENGLISHPRESIDENT
Trustee or director, Officer
2$0
JACK RANNEYVICE PRES.
Trustee or director, Officer
2$0
LAURA PECKSECRETARY
Trustee or director, Officer
2$0
KELLY SHARPBOARD MEMBER
Trustee or director
2$0
STEVE BARTHOLEMEWBOARD MEMBER
Trustee or director
2$0
CARL MILLERBOARD MEMBER
Trustee or director
2$0
BILL ENGVALLBOARD MEMBER
Trustee or director
2$0
HOLLY MUNINBOARD MEMBER
Trustee or director
2$0
DANIEL CURTISBOARD MEMBER
Trustee or director
2$0
LESLEE MASSEYBOARD MEMBER
Trustee or director
2$0
JAVIER CORONABOARD MEMBER
Trustee or director
2$0
LANCE WINNBOARD MEMBER
Trustee or director
2$0
PAUL HORTONBOARD MEMBER
Trustee or director
2$0
NICK FOLESBOARD MEMBER
Trustee or director
2$0
1 more people on this return
NameTitleHours / weekCompensation
SHAWN TROTTERBOARD MEMBER
Trustee or director
2$0
990 for the year ended December 31, 2023: 15 people
NameTitleHours / weekCompensation
MIKE HAYNESEXEC. DIR.
Officer
40$18,000
L DOUGLAS ENGLISHPRESIDENT
Trustee or director, Officer
2$0
JACK RANNEYVICE PRES.
Trustee or director, Officer
0$0
LAURA PECKSECRETARY
Trustee or director, Officer
0$0
KELLY SHARPBOARD MEMBER
Trustee or director
0$0
STEVE BARTHOLEMEWBOARD MEMBER
Trustee or director
2$0
CARL MILLERBOARD MEMBER
Trustee or director
0$0
BILL ENGVALLBOARD MEMBER
Trustee or director
0$0
HOLLY MUNINBOARD MEMBER
Trustee or director
0$0
DANIEL CURTISBOARD MEMBER
Trustee or director
2$0
LESLEE MASSEYBOARD MEMBER
Trustee or director
0$0
JAVIER CORONABOARD MEMBER
Trustee or director
2$0
LANCE WINNBOARD MEMBER
Trustee or director
2$0
PAUL HORTONBOARD MEMBER
Trustee or director
0$0
NICK FOLESBOARD MEMBER
Trustee or director
0$0

Address and contacts

Address (IRS master file)
3404 OXEN CT, AUSTIN, TX 78732-2147
In care of
% LS CLASSIC FOUNDATION
Principal officer (990 for 2024)
L DOUGLAS ENGLISH, 3404 OXEN CT, AUSTIN, TX 78732
Signed the 990
L DOUGLAS ENGLISH, PRESIDENT
Phone
(512) 828-5625
Return prepared by
ABIP PC

Mission

TO CURE SPINAL CORD PARALYSIS (SCP) THROUGH FUNDING RESEARCH, RECOVERY AND RECREATION (THREE R'S).

990 for the year ended December 31, 2024

Program accomplishments

  • RESEARCH - RAISE FUNDS FOR MEDICAL RESEARCH TO FIND A CURE. RECOVERY - RAISE FUNDS TO HELP THOSE INJURED RECEIVE PHYSICAL THERAPY, AND TO BUY EQUIPMENT FOR THE RECOVERY CENTER. RECREATION - CREATED AN ADAPTIVE SPORTS PROGRAM FOR SCI INDIVIDUALS
    Expenses $373,023 · grants $148,171
  • RESEARCH FUNDED UT AUSTIN - DR BITTNER'S RESEARCH USING PEG INFUSION IN RATS TO CURE PARALYSIS... HE IS WORKING ON RECONNECTING THE NERVES WHERE THEY WERE DAMAGED. $110,000RECREATIONFUNDED CAMP SCHOLARSHIPS FOR PARAPLEGICS AND QUADRIPLEGICSSPONSOR RECREATION EVENTS - WHEELCHAIR RUGBY, UTSA TENNIS FOR PARAPELEGICS, ATX ABILITIES, AUSTIN REC'ERSFACILITATED SEVERAL OUTDOOR RECREATION ACTIVITIES TO INCLUDE KAYAKING, ARCHERY, SHOOTING,SKIINGRECEIVED VA GRANT TO SPEND ON THE TEXAS PARASPORTS - TEXAS REGIONAL GAMESPURCHASED SOME SPORT WHEELCHAIRSRECOVERYPURCHASED THE IBOT POWERBASE-$46KFUNDED 24 SCHOLARSHIPS FOR RECOVERY... MANY INDIVIDUALS' INSURANCE RUNS OUT, THEY DON'T HAVE INSURANCE OR CAN'T AFFORD THE COPAY PERCENTAGE AND WE HELP PAY FOR THEIR PHYSICAL THERAPY SESSIONS AT SPERO REHAB OR EASTER SEALS. SOME OF THE RECIPIENTS HAVE HAD SPINAL INJURIES OR HAVE EXPERIENCED PARALYSIS FROM STROKES. THESE PATIENTS ARE REVIEWED BY A THERAPIST AND SESSIONS ARE DOCUMENTED. WE HAVE SEVERAL AMAZING RECOVERY STORIES.
    Expenses $148,171
  • Expenses $275,868

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

IRS record

EIN
74-2931329
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
2000
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,077,981
Income (IRS master file)
$1,229,393

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$962,113$823,193$3,077,981IRS
990December 2023$2,577,479$669,764$2,941,969XML
990December 2022$1,156,506$685,689$1,036,001IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––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 74-2931329).

Questions about LS CLASSIC FOUNDATION

What is the EIN of LS CLASSIC FOUNDATION?
The employer identification number (EIN) of LS CLASSIC FOUNDATION is 74-2931329.
Is LS CLASSIC FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
Are donations to LS CLASSIC FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LS CLASSIC FOUNDATION 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 LS CLASSIC FOUNDATION 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 LS CLASSIC FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of LS CLASSIC FOUNDATION?
The 990 for the year ended December 31, 2024 names L DOUGLAS ENGLISH.
Who are the officers and directors of LS CLASSIC FOUNDATION?
The 990 for the year ended December 31, 2024 lists 16 people; 1 received compensation from the organization, the highest $18,409 (MIKE HAYNES, EXEC. DIR.).
How much revenue does LS CLASSIC FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $962,113, expenses of $823,193 and total assets of $3,077,981 at year end.

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