Nonprofit · EIN 99-4478045
VENTURE PREPARATORY
Tax-exempt · AUSTIN, TX 78737
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2025 | 990 | $246,531 | $196,980 | $49,551 | $107,577 | $58,026 | $49,551 |
Financial details: 990 for the year ended May 31, 2025
Revenue
- Contributions, gifts and grants
- $165,500
- Program service revenue
- $81,031
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $2,591
- Accounting fees
- $2,750
- Occupancy
- $13,332
- Travel
- $10
- Program services (functional)
- $166,552
- Management and general (functional)
- $30,428
Balance sheet and other
- Total assets, start of year
- $0
- Total assets, end of year
- $107,577
- Total liabilities, end of year
- $58,026
- Net assets, end of year
- $49,551
- Net assets without donor restrictions
- $49,551
- Gross receipts
- $246,531
- Employees
- 0
- Year formed
- 2024
- 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 May 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GRAHAM FREY | SECRETARY Trustee or director, Officer | 3 | $0 |
| EVERETT LEBHERZ | TREASURER Trustee or director, Officer | 3 | $0 |
| LOREN SACK | PRESIDENT Trustee or director, Officer | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 203 TABAGO CT, AUSTIN, TX 78737-9355
- Principal officer (990 for 2024)
- LOREN SACK, 18315 RANCH TO MARKET ROAD 1826, DRIFTWOOD, TX 78619
- Signed the 990
- LOREN SACK, PRESIDENT
- Phone
- (512) 553-9132
- Website
- VENTUREPREPATX.COM
- Return prepared by
- ASPIRE BUSINESS CONSULTANTS
Mission
LEAD STUDENTS TOWARDS A DEEPER LOVE OF CHRIST AND OBEDIENCE IN GOD'S WORD. WE STRIVE TO BE CHRIST-LIKE IN ALL OUR WORKS TO LIVE OUT GOD'S PLAN FOR OUR LIVES.
Program accomplishments
- VENTURE PREP IS A NON PROFIT, NONDENOMINATIONAL CHRISTIAN PRIVATE SCHOOL IN DRIFTWOOD, TEXAS THAT OFFERS CLASSICAL ACADEMICS IN A JOYFUL, NUTURING AND FLEXIBLE ENVIRONMENT.Expenses $166,552 · revenue $81,031
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | Not on file |
| 2023 | June 30, 2024 | November 15, 2024 | Check at the IRS |
IRS record
- EIN
- 99-4478045
- 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
- 2024
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B20)
- Assets (IRS master file)
- $107,577
- Income (IRS master file)
- $246,531
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2025 | $246,531 | $196,980 | $107,577 | XML |
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 99-4478045).
Questions about VENTURE PREPARATORY
- What is the EIN of VENTURE PREPARATORY?
- The employer identification number (EIN) of VENTURE PREPARATORY is 99-4478045.
- Is VENTURE PREPARATORY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Are donations to VENTURE PREPARATORY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VENTURE PREPARATORY 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 VENTURE PREPARATORY due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did VENTURE PREPARATORY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended May 2025.
- Who is the principal officer of VENTURE PREPARATORY?
- The 990 for the year ended May 31, 2025 names LOREN SACK.
- Who are the officers and directors of VENTURE PREPARATORY?
- The 990 for the year ended May 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does VENTURE PREPARATORY have?
- On its 990 for the year ended May 31, 2025 it reported revenue of $246,531, expenses of $196,980 and total assets of $107,577 at year end.
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