Nonprofit · EIN 76-0588576
LAMAR INSTITUTE OF TECHNOLOGY FOUNDATION
Tax-exempt · BEAUMONT, TX 77710
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990 | $1,572,706 | $519,457 | $1,053,249 | $9,563,348 | $111,800 | $9,451,548 |
| August 31, 2024 | 990 | $548,362 | $746,571 | -$198,209 | $8,378,578 | $325,640 | $8,052,938 |
| August 31, 2023 | 990 | $644,076 | $426,511 | $217,565 | $7,682,061 | $280,059 | $7,402,002 |
Financial details: 990 for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $1,023,870
- Program service revenue
- $0
- Investment income
- $705,671
- Net gain from sales of assets
- $455,365
- Net income from fundraising events
- -$156,835
- Other revenue
- -$156,835
Expenses
- Grants and similar amounts paid
- $370,749
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $23,885
- Depreciation
- $1,657
- Program services (functional)
- $370,749
- Management and general (functional)
- $147,051
- Fundraising (functional)
- $1,657
Balance sheet and other
- Total assets, start of year
- $8,378,578
- Total assets, end of year
- $9,563,348
- Total liabilities, end of year
- $111,800
- Net assets, end of year
- $9,451,548
- Land, buildings and equipment
- $16,466
- Publicly traded securities
- $9,129,141
- Net assets without donor restrictions
- $2,521,291
- Net assets with donor restrictions
- $6,930,257
- Gross receipts
- $2,386,042
- Employees
- 0
- Year formed
- 1998
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JERRY VANDERVOORT | PRESIDENT Trustee or director, Officer | – | $0 |
| DAVID THORNHILL | VICE PRESIDE Trustee or director, Officer | – | $0 |
| MARY ANN REID | TREASURER Officer | – | $0 |
| EVA GEER | SECRETARY Officer | – | $0 |
| ROD CARROLL | AUDIT CHAIRM Trustee or director | – | $0 |
| HERSCHEL STAGNER JR | DIRECTOR CHA Trustee or director | – | $0 |
| GARY PARSLEY | INVESTMENT C Trustee or director | – | $0 |
| EDDIE ARNOLD | DIRECTOR Trustee or director | – | $0 |
| PAUL BLACKBURN | DIRECTOR Trustee or director | – | $0 |
| JUDY HONEYCUTT | MEMBER Trustee or director | – | $0 |
| GISELA HOUSEMAN | DIRECTOR Trustee or director | – | $0 |
| JEAN MCFADDIN | DIRECTOR Trustee or director | – | $0 |
| J PEACOCK | DIRECTOR Trustee or director | – | $0 |
| RAYMOND POLK | DIRECTOR Trustee or director | – | $0 |
| JERRY STUMBO | DIRECTOR Trustee or director | – | $0 |
19 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAKE TORTORICE | DIRECTOR Trustee or director | – | $0 |
| ANTHONY TOUPS | DIRECTOR Trustee or director | – | $0 |
| RYAN VICK | DIRECTOR Trustee or director | – | $0 |
| ZACH JOHNSON | DEVELOPMENT Trustee or director | – | $0 |
| KRISTA L HUNTER | EXECUTIVE DI Trustee or director, Officer | – | $0 |
| SLATE BABINEAUX | DIRECTOR Trustee or director | – | $0 |
| A B BERNARD | DIRECTOR Trustee or director | – | $0 |
| JOHN BILBO | DIRECTOR Trustee or director | – | $0 |
| DARYL GILBERT SR | DIRECTOR Trustee or director | – | $0 |
| BILL HARRINGTON | DIRECTOR Trustee or director | – | $0 |
| KATHLEEN JACKSON | DIRECTOR Trustee or director | – | $0 |
| MIKE KUNST | DIRECTOR Trustee or director | – | $0 |
| JEREMY LITTLE | DIRECTOR Trustee or director | – | $0 |
| BARRY MITCHAEL | DIRECTOR Trustee or director | – | $0 |
| SCOTT SCHWARTZ | DIRECTOR Trustee or director | – | $0 |
| RICKEY SIMMONS | DIRECTOR Trustee or director | – | $0 |
| DAVE STEPHENS | DIRECTOR Trustee or director | – | $0 |
| JESSICA TUBBS | DIRECTOR Trustee or director | – | $0 |
| CLINT WILSON | DIRECTOR Trustee or director | – | $0 |
990 for the year ended August 31, 2024: 20 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JERRY VANDERVOORT | PRESIDENT Trustee or director, Officer | – | $0 |
| DAVID THORNHILL | VICE PRESIDE Trustee or director, Officer | – | $0 |
| MARY ANN REID | TREASURER Officer | – | $0 |
| EVA GEER | SECRETARY Officer | – | $0 |
| ROD CARROLL | AUDIT CHAIRM Trustee or director | – | $0 |
| HERSCHEL STAGNER JR | DIRECTOR CHA Trustee or director | – | $0 |
| GARY PARSLEY | INVESTMENT C Trustee or director | – | $0 |
| EDDIE ARNOLD | DIRECTOR Trustee or director | – | $0 |
| PAUL BLACKBURN | DIRECTOR Trustee or director | – | $0 |
| JUDY HONEYCUTT | MEMBER Trustee or director | – | $0 |
| GISELA HOUSEMAN | DIRECTOR Trustee or director | – | $0 |
| JEAN MCFADDIN | DIRECTOR Trustee or director | – | $0 |
| J PEACOCK | DIRECTOR Trustee or director | – | $0 |
| RAYMOND POLK | DIRECTOR Trustee or director | – | $0 |
| JERRY STUMBO | DIRECTOR Trustee or director | – | $0 |
| JAKE TORTORICE | DIRECTOR Trustee or director | – | $0 |
| ANTHONY TOUPS | DIRECTOR Trustee or director | – | $0 |
| RYAN VICK | DIRECTOR Trustee or director | – | $0 |
| ZACH JOHNSON | DEVELOPMENT Trustee or director | – | $0 |
| KRISTA L HUNTER | EXECUTIVE DI Trustee or director, Officer | – | $0 |
990 for the year ended August 31, 2023: 37 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROD CARROLL | PRESIDENT Trustee or director, Officer | – | $0 |
| TIM SUDELA | VICE PRESIDE Trustee or director, Officer | – | $0 |
| GISELA HOUSEMAN | EXEC COMM-AU Trustee or director | – | $0 |
| JERRY VANDERVOORT | TREASURER Trustee or director | – | $0 |
| EDDIE ARNOLD | EXEC COMM-DE Trustee or director | – | $0 |
| RAYMOND POLK | EXEC COMM-SC Trustee or director | – | $0 |
| DEAN ROBINSON | EXEC COMM/PA Trustee or director | – | $0 |
| PAT AVERY | DIRECTOR Trustee or director | – | $0 |
| A B BERNARD | DIRECTOR Trustee or director | – | $0 |
| DALE BOOTHMAN | SCHOLARSHIP Trustee or director | – | $0 |
| JASON BUSSELL | DIRECTOR Trustee or director | – | $0 |
| DARYL GILBERT SR | DIRECTOR Trustee or director | – | $0 |
| BRANDON J HEBERT | DIRECTOR Trustee or director | – | $0 |
| DENNIS ISAACS | DIRECTOR Trustee or director | – | $0 |
| KATHLEEN JACKSON | DIRECTOR Trustee or director | – | $0 |
| JOE KENESON | DIRECTOR Trustee or director | – | $0 |
| SCOTT MCCAULEY | DIRECTOR Trustee or director | – | $0 |
| JEAN MCFADDIN | DIRECTOR Trustee or director | – | $0 |
| J HOKE PEACOCK | DIRECTOR Trustee or director | – | $0 |
| VERNON PIERCE | DEVELOPMENT Trustee or director | – | $0 |
| JIM RICH | DIRECTOR Trustee or director | – | $0 |
| RICKEY SIMMONS | DIRECTOR Trustee or director | – | $0 |
| MARK SKOBEL | DIRECTOR Trustee or director | – | $0 |
| HERSHEL STAGNER JR | CHAIR ON DIR Trustee or director | – | $0 |
| DAVID THORNHILL | SECRETARY Trustee or director | – | $0 |
| SLATE BABINEAUX | DIRECTOR Trustee or director | – | $0 |
| JUDY HONEYCUTT | DIRECTOR Trustee or director | – | $0 |
| BARRY MITCHAEL | DIRECTOR Trustee or director | – | $0 |
| JACK PROVOST | DIRECTOR Trustee or director | – | $0 |
| TODD SENTERS | DIRECTOR Trustee or director | – | $0 |
| LARRY SPEARS | DIRECTOR Trustee or director | – | $0 |
| KRISTA L HUNTER | EXECUTIVE DI Trustee or director, Officer | – | $0 |
| NAKISHA BURNS | DIRECTOR Trustee or director | – | $0 |
| ROSS GARNER | DIRECTOR Trustee or director | – | $0 |
| JEREMY LITTLE | DIRECTOR Trustee or director | – | $0 |
| MARY ANN REID | DIRECTOR Trustee or director | – | $0 |
| ANDY WOODS | DIRECTOR Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 10085, BEAUMONT, TX 77710-0085
- In care of
- % JOANNE BROWN
- Principal officer (990 for 2024)
- KRISTA L HUNTER, PO BOX 10085, BEAUMONT, TX 77710
- Signed the 990
- KRISTA L HUNTER, EXECUTIVE DIRECTOR
- Phone
- (409) 839-2956
- Website
- WWW.LIT.EDU
- Return prepared by
- THEOBALD DEMAHY & CO PC
Mission
MANAGEMENT OF THE ENDOWMENT FUNDS WHICH HAVE BEEN ESTABLISHED TO PROVIDE SCHOLARSHIPS FOR STUDENTS AT LAMAR INSTITUTE OF TECHNOLOGY. SERVE AS AN ADVISORY BOARD FOR THE INSTITUTE, A SOUNDING BOARD AND BOARD OF REVIEW. LISTEN TO THE LAMAR INSTITUTE OF TECHNOLOGY'S PLANS AND PROVIDE THEM WITH SUGGESTIONS ON HOW TO IMPROVE THE TRAINING THEY PROVIDE IN THIS REGION
Program accomplishments
- MANAGE THE ENDOWMENT FUNDS WHICH HAVE BEEN ESTABLISHED TO PROVIDE SCHOLARSHIPS FOR STUDENTS AT LAMAR INSTITUTE OF TECHNOLOGYExpenses $370,749 · grants $370,749
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990 on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990 on file |
IRS record
- EIN
- 76-0588576
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Organization supporting a government college or university
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2000
- Accounting year ends
- August
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B420)
- Assets (IRS master file)
- $9,563,348
- Income (IRS master file)
- $2,386,042
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | August 2025 | $1,572,706 | $519,457 | $9,563,348 | XML |
| 990 | August 2024 | $548,362 | $746,571 | $8,378,578 | XML |
| 990 | August 2023 | $644,076 | $426,511 | $7,682,061 | XML |
| 990 | August 2022 | $2,251,016 | $321,395 | $6,918,633 | IRS |
| 990 | August 2021 | – | – | – | IRS |
| 990 | August 2020 | – | – | – | IRS |
| 990 | August 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 76-0588576).
Questions about LAMAR INSTITUTE OF TECHNOLOGY FOUNDATION
- What is the EIN of LAMAR INSTITUTE OF TECHNOLOGY FOUNDATION?
- The employer identification number (EIN) of LAMAR INSTITUTE OF TECHNOLOGY FOUNDATION is 76-0588576.
- Is LAMAR INSTITUTE OF TECHNOLOGY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to LAMAR INSTITUTE OF TECHNOLOGY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LAMAR INSTITUTE OF TECHNOLOGY 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 LAMAR INSTITUTE OF TECHNOLOGY FOUNDATION 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 LAMAR INSTITUTE OF TECHNOLOGY FOUNDATION 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 LAMAR INSTITUTE OF TECHNOLOGY FOUNDATION?
- The 990 for the year ended August 31, 2025 names KRISTA L HUNTER.
- Who are the officers and directors of LAMAR INSTITUTE OF TECHNOLOGY FOUNDATION?
- The 990 for the year ended August 31, 2025 lists 34 people; 0 received compensation from the organization.
- How much revenue does LAMAR INSTITUTE OF TECHNOLOGY FOUNDATION have?
- On its 990 for the year ended August 31, 2025 it reported revenue of $1,572,706, expenses of $519,457 and total assets of $9,563,348 at year end.
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