Liabilities / Assets
99th percentile
Higher debt load relative to assets than 99% of similar nonprofits.
EIN 45-5628514 • 501(c)3 • Granbury, TX
Profile
The corporation is established as a school, organized for the purpose of providing primary and/or secondary academics, with an emphasis in teaching social, emotional, and behavioral skills for success in educational settings and adulthood.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
99th percentile
Higher debt load relative to assets than 99% of similar nonprofits.
Liabilities / Revenue
92nd percentile
Higher debt load relative to revenue than 92% of similar nonprofits.
Net Margin
23rd percentile
Higher net margin than 23% of similar nonprofits.
Top Officer Pay
89th percentile
Higher top officer pay than 89% of similar nonprofits.
Top officer pay equals 10.0% of source-year revenue.
Asset Growth
91st percentile
Faster asset growth than 91% of similar nonprofits.
Revenue Growth
20th percentile
Faster revenue growth than 20% of similar nonprofits.
Assets
Up$5,915
Up $2,610 (+79%) from 2023
Liabilities
Up$63,671
Up $24,577 (+63%) from 2023
Net Assets
-$57,756
No earlier filing loaded for comparison.
Revenue
Down$104,672
Down $70,476 (-40%) from 2023
Expenses
Down$126,639
Down $13,751 (-9.8%) from 2023
Net Income
Down-$21,967
Down $56,725 (-163%) from 2023
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
The corporation is established as a school, organized for the purpose of providing primary and/or secondary academics, with an emphasis in teaching social, emotional, and behavioral skills for success in educational settings and adulthood.
| Description | Grants | Expenses |
|---|---|---|
| LAKE POINTE ACADEMY PROVIDES A THERAPEUTIC EDUCATIONAL PROGRAM TO STUDENTS WITH AUSTISM SPECTRUM DISORDERS AND OTHER DEVELOPMENTAL CONDITIONS WHICH AFFECT OR IMPEDE THE STUDENT'S ABILITY TO FUNCTION OR ACHIEVE SUCCESS IN A TRADITIONAL ACADEMIC ENVIRONMENT. ALL EXPENSES CURRENTLY GO TOWARDS THAT FUNCTION OUTSIDE OF FUNDRAISING AND INDIRECT ADMINISTRATIVE EXPENSES. | - | $120,873 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Madalyn Cano | President | PT | $10,426 | - | $10,426 |
| Alix Conte | Treasurer | PT | $0 | - | - |
| Jennifer Krone | Vice President | - | $0 | - | - |
| Stephanie Sellers | Secretary | - | $0 | - | - |
“Furniture and Equipment: 2,500 Accumulated Depreciation: -833”
“Credit Card: 12,981 Accounts Payable: 27,234 Note Payable: 23,456”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | Alix Conte |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8179958744 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1270 Weatherford Hwy |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Granbury |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 76048 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 2755 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 4248 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 7314 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -21967 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 3305 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 5915 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 7200 |
| IRS990EZ/GrossReceiptsAmt | 0 | 104672 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 248 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -35789 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -57756 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -35789 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -57756 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 27850 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 20.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 10426 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Madalyn Cano |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Alix Conte |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Jennifer Krone |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | Stephanie Sellers |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Treasurer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Vice President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Secretary |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 550 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 1667 |
| IRS990EZ/OtherEmployeePaidOver100kCnt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 13236 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE CORPORATION IS ESTABLISHED AS A SCHOOL, ORGANIZED FOR THE PURPOSE OF PROVIDING PRIMARY AND/OR SECONDARY ACADEMICS, WITH AN EMPHASIS IN TEACHING SOCIAL, EMOTIONAL, AND BEHAVIORAL SKILLS FOR SUCCESS IN EDUCATIONAL SETTINGS AND ADULTHOOD. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 97110 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | LAKE POINTE ACADEMY PROVIDES A THERAPEUTIC EDUCATIONAL PROGRAM TO STUDENTS WITH AUSTISM SPECTRUM DISORDERS AND OTHER DEVELOPMENTAL CONDITIONS WHICH AFFECT OR IMPEDE THE STUDENT'S ABILITY TO FUNCTION OR ACHIEVE SUCCESS IN A TRADITIONAL ACADEMIC ENVIRONMENT. ALL EXPENSES CURRENTLY GO TOWARDS THAT FUNCTION OUTSIDE OF FUNDRAISING AND INDIRECT ADMINISTRATIVE EXPENSES. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 120873 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/RelatedOrgSect527OrgInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 78353 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | true |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | TX |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 39094 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 63671 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 126639 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 120873 |
| IRS990EZ/TotalRevenueAmt | 0 | 104672 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | https://www.lakepointegranbury.org/ |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990ScheduleA/SupportedOrganizationsCnt | 0 | 0 |
| IRS990ScheduleE/ComplianceWithRevProc7550Ind | 0 | true |
| IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceOtherActyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceSchsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRcvdInd | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRvkdInd | 0 | false |
| IRS990ScheduleE/MaintainCpyOfAllSolInd | 0 | true |
| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | true |
| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | true |
| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | true |
| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | true |
| IRS990ScheduleE/PolicyStmtInBrochuresEtcInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Furniture and Equipment: 2,500 Accumulated Depreciation: -833 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Credit Card: 12,981 Accounts Payable: 27,234 Note Payable: 23,456 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part II, Line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Part II, Line 26 |
| ReasonableCauseExplanation/ExplanationTxt | 0 | Our organization filed an extension but our previous accountant retired unexpectedly in May around the time we expected the return to be filed. We are located in a small town, so we struggled to find a new accountant in time to file before the due date. |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Alix Conte |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Treasurer |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6823331555 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-07-09 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | LAKE POINTE ACADEMY INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | LAKE |
| ReturnHeader/Filer/EIN | 0 | 455628514 |
| ReturnHeader/Filer/PhoneNum | 0 | 6823331555 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1270 Weatherford Hwy |
| ReturnHeader/Filer/USAddress/CityNm | 0 | GRANBURY |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 76048 |
| ReturnHeader/ReturnTs | 0 | 2025-07-10T10:49:23Z |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-08-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-07-31 |
| ReturnHeader/TaxYr | 0 | 2023 |
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