Liabilities / Assets
67th percentile
Higher debt load relative to assets than 67% of similar nonprofits.
The Loralee Foundation
990EZ • Fiscal year 2014 • EIN 45-3036156
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.03x
Liabilities / Revenue
66th percentile
Higher debt load relative to revenue than 66% of similar nonprofits.
Net Margin
93rd percentile
Higher net margin than 93% of similar nonprofits.
Top Officer Pay
74th percentile
Higher top officer pay than 74% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
Score unavailable
A valid growth rate could not be computed from the available filing history.
Revenue Growth
17th percentile
Faster revenue growth than 17% of similar nonprofits.
Balance Sheet
Assets
Up$77,176
Up $77,176 from 2013
Net Assets
Up$75,146
Up $75,146 from 2013
Liabilities
Up$2,030
Up $2,030 from 2013
Revenue And Expenses
Revenue
Down$123,972
Down $49,118 (-28%) from 2013
Expenses
Down$58,568
Down $114,522 (-66%) from 2013
Net Income
Up$65,404
Up $65,404 from 2013
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2014 to Dec 31, 2014
- Signed
- Nov 16, 2015
- Return Version
- 2014v5.0
- Gross Receipts
- $123,972
Mission and Program Overview
Mission
To offer support to individuals, charities and organizations who can benefit from a therapeutic outdoor environment and wish to make a difference in their communities through use of our facilities.
The loralee foundation offers equine therapy and seeks out charitable people and organizations who wish to make a difference in their communities and provides them with access to the foundation ranch at no cost.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| THE FOUNDATION OFFERED THE FOLLOWING DURING 2014: EQUINE THERAPY, AUSTIN STONE VOLUNTEER TRAINING, ED/PHOEBE RIDING, VETERANS DAY EVENT, TEAM ROPING EXERCISE WITH SHORTY SCOTT, SETTLEMENT HOME COTTAGE SLEEPOVER, HELPING HANDS HOME FOR CHILDREN FIELD DAY, SPIRIT REINS OUTING. | $0 | $49,268 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JAMES D SPRY JR | President | - | $0 | - | - |
| MELISSA TERRY | Secretary | - | $0 | - | - |
| KIM FLOYD | Director | - | $0 | - | - |
| SHAYNE ANDERSON | Director | - | $0 | - | - |
| NICOLE ANDERSON | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- The Loralee Foundation
- EIN
- 45-3036156
- Phone
- 5122638383
- Address
- 14409-B FITZHUGH RD, AUSTIN, TX 78737
Signing Officer
- Name
- James D Spry Jr
- Title
- Director
- Phone
- 5122638383
- Signed
- 2015-11-16
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Padgett Stratemann & Co Llp
- Address
- 811 BARTON SPRINGS ROAD SUITE 550, AUSTIN, TX 78704
- Preparer
- Rebecca Briscoe
- Phone
- 5124760717
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 14
“Description: depreciation. Amount: 6,803. Description: other expenses. Amount: 424. Total to form 990-ez, line 14: 7,227.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: travel and meetings. Amount: 3,457. Description: insurance. Amount: 3,348. Description: ranch expenses. Amount: 31,215. Description: office expense. Amount: 1,553. Total to form 990-ez, line 16: 39,573.”
Form 990-ez, Part I, Line 20 - Other Changes in Net Assets
“Description: prior period adjustment. Amount: 9,742.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: other depreciable assets. Beg. Of year amount: 0. End of year amount: 58,294.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: accrued expenses. Beg. Of year amount: 0. End of year amount: 2,030.”
Raw XML Appendix159 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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|---|---|---|
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| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | AUSTIN |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 78737 |
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| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 18882 |
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| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 11704 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
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| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 77176 |
| IRS990EZ/GrossReceiptsAmt | 0 | 123972 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | JAMES D SPRY JR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | MELISSA TERRY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | KIM FLOYD |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | SHAYNE ANDERSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | NICOLE ANDERSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 58294 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 9742 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 39573 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE LORALEE FOUNDATION OFFERS EQUINE THERAPY AND SEEKS OUT CHARITABLE PEOPLE AND ORGANIZATIONS WHO WISH TO MAKE A DIFFERENCE IN THEIR COMMUNITIES AND PROVIDES THEM WITH ACCESS TO THE FOUNDATION RANCH AT NO COST. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 64 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | THE FOUNDATION OFFERED THE FOLLOWING DURING 2014: EQUINE THERAPY, AUSTIN STONE VOLUNTEER TRAINING, ED/PHOEBE RIDING, VETERANS DAY EVENT, TEAM ROPING EXERCISE WITH SHORTY SCOTT, SETTLEMENT HOME COTTAGE SLEEPOVER, HELPING HANDS HOME FOR CHILDREN FIELD DAY, SPIRIT REINS OUTING. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 49268 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 2030 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 58568 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 49268 |
| IRS990EZ/TotalRevenueAmt | 0 | 123972 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.LORALEEFOUNDATION.ORG |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 123972 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 173090 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 53209 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 4282 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 354553 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 7091 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 347462 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 123972 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 173090 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 53209 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 4282 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 354553 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 354553 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: DEPRECIATION. AMOUNT: 6,803. DESCRIPTION: OTHER EXPENSES. AMOUNT: 424. TOTAL TO FORM 990-EZ, LINE 14: 7,227. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: TRAVEL AND MEETINGS. AMOUNT: 3,457. DESCRIPTION: INSURANCE. AMOUNT: 3,348. DESCRIPTION: RANCH EXPENSES. AMOUNT: 31,215. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 1,553. TOTAL TO FORM 990-EZ, LINE 16: 39,573. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: PRIOR PERIOD ADJUSTMENT. AMOUNT: 9,742. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 58,294. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | DESCRIPTION: ACCRUED EXPENSES. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 2,030. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 14 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2016-02-25 16:41:14Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JAMES D SPRY JR |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5122638383 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2015-11-16 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | THE LORALEE FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | LORA |
| ReturnHeader/Filer/EIN | 0 | 453036156 |
| ReturnHeader/Filer/PhoneNum | 0 | 5122638383 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 14409-B FITZHUGH RD |
| ReturnHeader/Filer/USAddress/CityNm | 0 | AUSTIN |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 78737 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 741650885 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | PADGETT STRATEMANN & CO LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 811 BARTON SPRINGS ROAD SUITE 550 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | AUSTIN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 78704 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5124760717 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | REBECCA BRISCOE |
| ReturnHeader/ReturnTs | 0 | 2015-11-16T16:45:10-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2014-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2014-12-31 |
| ReturnHeader/TaxYr | 0 | 2014 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $77,176
- Liabilities
- $2,030
- Net assets
- $75,146
- Revenue
- $123,972
- Expenses
- $58,568
- Net income
- $65,404