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Nonprofit · EIN 75-2890597

TLC ACADEMY

Tax-exempt · SAN ANGELO, TX 76906

Financials

$49.8M$49.4M2023$49.6M$48.9M2024
Revenue Expenses · by fiscal year end
Financials of TLC ACADEMY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2025990$49,644,707$48,863,035$781,672$67,063,891$53,077,542$13,986,349
August 31, 2024990$49,844,474$49,433,503$410,971$68,129,766$54,925,089$13,204,677
Financial details: 990 for the year ended August 31, 2025

Revenue

Contributions, gifts and grants
$47,496,211
of which government grants
$47,496,211
Program service revenue
$1,292,941
Investment income
$617,217
Net gain from sales of assets
$600
Other revenue
$238,338

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$592,461
Other salaries and wages
$27,200,133
Salaries, compensation and benefits (total)
$31,726,867
Professional fundraising fees
$0
Legal fees
$44,452
Occupancy
$4,037,831
Travel
$231,596
Depreciation
$1,713,310
Program services (functional)
$42,764,394
Management and general (functional)
$6,098,641

Balance sheet and other

Total assets, start of year
$68,129,766
Total assets, end of year
$67,063,891
Total liabilities, end of year
$53,077,542
Net assets, end of year
$13,986,349
Land, buildings and equipment
$37,486,978
Net assets without donor restrictions
$13,986,349
Gross receipts
$49,644,707
Employees
624
Volunteers
100
Year formed
1997
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 August 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
WALT LANDERSCEO/Board Pres
Trustee or director, Officer
40$207,107$10,646
LESLIE SCOTT WHITECOO
Officer
40$138,680$10,021
DANIEL DUKESCAO
Officer
40$128,114$0
LINDSEY MCGUIREBUS. OFFICER
Officer
40$104,270$0
CHRIS MILBOURNHR DIRECTOR40$101,973$0
RON LEDBETTERBOARD MEMBER
Trustee or director
2$0$0
TOMMY OLIVEVice President
Trustee or director, Officer
2$0$0
CHARITY VASQUEZSecretary
Trustee or director, Officer
2$0$0
BOBBE YNOSTROSABOARD MEMBER
Trustee or director
2$0$0
BRUCE BINKLEYBOARD MEMBER
Trustee or director
2$0$0
990 for the year ended August 31, 2024: 9 people
NameTitleHours / weekCompensationOther / benefits
WALT LANDERSCEO/Board Pres
Trustee or director, Officer
40$197,652$10,440
LESLIE SCOTT WHITECOO
Officer
40$135,582$9,075
RON LEDBETTERCAO
Officer
40$126,849$6,970
DANIEL DUKESCAO
Officer
40$109,804$0
TOMMY OLIVEVice President
Trustee or director, Officer
2$0$0
CHARITY VASQUEZSecretary
Trustee or director, Officer
2$0$0
BOBBE YNOSTROSABOARD MEMBER
Trustee or director
2$0$0
BRUCE BINKLEYBOARD MEMBER
Trustee or director
2$0$0
LINDSEY MCGUIREBUS. OFFICER
Officer
40$0$0

Address and contacts

Address (IRS master file)
PO BOX 61726, SAN ANGELO, TX 76906-1726
In care of
% BETTY SHOOK
Principal officer (990 for 2024)
WALT LANDERS, PO BOX 61726, SAN ANGELO, TX 76906
Signed the 990
LINDSEY MCGUIRE, BUSINESS OFFICER
Phone
(325) 653-3200
Return prepared by
Sutton Frost Cary LLP

Mission

TO EMPOWER STUDENTS TO DEVELOP CHARACTERISTICS WHICH PROMOTE POSITIVE LEADERSHIP AS A WAY OF LIFE. PROVIDING EDUCATION UTILIZING AN ADVANCED, INNOVATIVE LEARNING STYLE THAT CHALLENGES AND ENRICHES THE CLASSROOM SETTING. T.L.C. STRIVES TO NURTURE AND PROVIDE OPPPORTUNITIES FOR CHILDREN TO GROW ACADEMICALLY REGARDLESS OF THEIR LEARNING DIFFERENCES.

990 for the year ended August 31, 2025

Program accomplishments

  • TUITION AND REGISTRATION: EDUCATING CHILDREN, KINDERGARTEN THROUGH 12TH GRADE.
    Expenses $28,652,144
  • FOOD PROGRAMS & SCHOOL AUXILIARY SERVICES AND OTHER ATHLETIC AND LEARNING ACTIVITIES.
    Expenses $14,112,250 · revenue $1,292,941

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 August, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025August 31, 2026January 15, 2027Not due yet
2024August 31, 2025January 15, 2026990 on file
2023August 31, 2024January 15, 2025990 on file

IRS record

EIN
75-2890597
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
2001
Accounting year ends
August
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B20)
Assets (IRS master file)
$67,063,891
Income (IRS master file)
$49,644,707

Filing history

FormYear endedRevenueExpensesAssetsReturn
990August 2025$49,644,707$48,863,035$67,063,891XML
990August 2024$49,844,474$49,433,503$68,129,766IRS
990August 2023$45,159,203$42,407,819$69,299,999IRS
990August 2022$42,259,776$40,331,586$61,295,304IRS
990August 2021–––IRS
990August 2020–––IRS
990August 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about TLC ACADEMY

What is the EIN of TLC ACADEMY?
The employer identification number (EIN) of TLC ACADEMY is 75-2890597.
Is TLC ACADEMY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
Are donations to TLC ACADEMY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TLC 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 TLC ACADEMY due?
The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TLC ACADEMY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended August 2025.
Who is the principal officer of TLC ACADEMY?
The 990 for the year ended August 31, 2025 names WALT LANDERS.
Who are the officers and directors of TLC ACADEMY?
The 990 for the year ended August 31, 2025 lists 10 people; 5 received compensation from the organization, the highest $207,107 (WALT LANDERS, CEO/Board Pres).
How much revenue does TLC ACADEMY have?
On its 990 for the year ended August 31, 2025 it reported revenue of $49,644,707, expenses of $48,863,035 and total assets of $67,063,891 at year end.

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