Civic Intelligence

Lake Pointe Academy Inc

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.

1270 Weatherford HwyGranbury, TX 76048

www.lakepointegranbury.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

99th percentile

10.76x

Higher debt load relative to assets than 99% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

92nd percentile

0.61x

Higher debt load relative to revenue than 92% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

23rd percentile

-21%

Higher net margin than 23% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

89th percentile

$10,426

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 10.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

91st percentile

79%

Faster asset growth than 91% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

20th percentile

-40%

Faster revenue growth than 20% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

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

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0-$100K-$200KAssets 2013: $5,010Liabilities 2013: $2,4692013Assets 2014: $1,612Liabilities 2014: $19,078Net Assets 2014: -$17,4662014Assets 2015: $30,960Liabilities 2015: $75,806Net Assets 2015: -$44,8462015Assets 2016: $38,008Liabilities 2016: $98,137Net Assets 2016: -$60,1292016Assets 2017: $58,406Liabilities 2017: $137,031Net Assets 2017: -$78,6252017Assets 2018: $48,356Liabilities 2018: $206,673Net Assets 2018: -$158,3172018Assets 2019: $24,642Liabilities 2019: $167,906Net Assets 2019: -$143,2642019Assets 2022: $1,760Liabilities 2022: $72,3072022Assets 2023: $3,305Liabilities 2023: $39,0942023Assets 2024: $5,915Liabilities 2024: $63,671Net Assets 2024: -$57,7562024

Highlighted filing

2024

Assets$5,915
Liabilities$63,671
Net Assets-$57,756

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$200K$0-$200KRevenue 2013: $79,522Expenses 2013: $76,981Net Income 2013: $2,5412013Revenue 2014: $177,427Expenses 2014: $197,433Net Income 2014: -$20,0062014Revenue 2015: $306,536Expenses 2015: $333,916Net Income 2015: -$27,3802015Revenue 2016: $172,696Expenses 2016: $187,979Net Income 2016: -$15,2832016Revenue 2017: $372,954Expenses 2017: $377,950Net Income 2017: -$4,9962017Revenue 2018: $277,426Expenses 2018: $357,118Net Income 2018: -$79,6922018Revenue 2019: $329,589Expenses 2019: $353,666Net Income 2019: -$24,0772019Revenue 2022: $53,310Expenses 2022: $2,981Net Income 2022: $50,3292022Revenue 2023: $175,148Expenses 2023: $140,390Net Income 2023: $34,7582023Revenue 2024: $104,672Expenses 2024: $126,639Net Income 2024: -$21,9672024

Highlighted filing

2024

Revenue$104,672
Expenses$126,639
Net Income-$21,967

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Aug 1, 2023 to Jul 31, 2024
Signed
Jul 9, 2025
Return Version
2023v6.0
Gross Receipts
$104,672
Mission and Program Overview

Mission

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.

Program Services

DescriptionGrantsExpenses
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
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Madalyn CanoPresidentPT$10,426-$10,426
Alix ConteTreasurerPT$0--
Jennifer KroneVice President-$0--
Stephanie SellersSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Lake Pointe Academy Inc
EIN
45-5628514
Phone
6823331555
Address
1270 Weatherford Hwy, GRANBURY, TX 76048

Signing Officer

Name
Alix Conte
Title
Treasurer
Phone
6823331555
Signed
2025-07-09
Supplemental Narrative

Additional Explanations

Part II, Line 24

Furniture and Equipment: 2,500 Accumulated Depreciation: -833

Part II, Line 26

Credit Card: 12,981 Accounts Payable: 27,234 Note Payable: 23,456

Raw XML Appendix127 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Alix Conte
IRS990EZ/BooksInCareOfDetail/PhoneNum08179958744
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01270 Weatherford Hwy
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Granbury
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd076048
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt02755
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt04248
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CntrctRcvdGreaterThan100KCnt00
IRS990EZ/ContributionsGiftsGrantsEtcAmt07314
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-21967
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt03305
IRS990EZ/Form990TotalAssetsGrp/EOYAmt05915
IRS990EZ/GrantsAndSimilarAmountsPaidAmt07200
IRS990EZ/GrossReceiptsAmt0104672
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InvestmentIncomeAmt0248
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-35789
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-57756
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-35789
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-57756
IRS990EZ/OccupancyRentUtltsAndMaintAmt027850
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt110.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt010426
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Madalyn Cano
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Alix Conte
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Jennifer Krone
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Stephanie Sellers
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0550
IRS990EZ/OtherAssetsTotalDetail/EOYAmt01667
IRS990EZ/OtherEmployeePaidOver100kCnt00
IRS990EZ/OtherExpensesTotalAmt013236
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE 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/ProgramServiceRevenueAmt097110
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0LAKE 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/ProgramServiceExpensesAmt0120873
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt078353
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0true
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0TX
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt039094
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt063671
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0126639
IRS990EZ/TotalProgramServiceExpensesAmt0120873
IRS990EZ/TotalRevenueAmt0104672
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0https://www.lakepointegranbury.org/
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleA/SupportedOrganizationsCnt00
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Furniture and Equipment: 2,500 Accumulated Depreciation: -833
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Credit Card: 12,981 Accounts Payable: 27,234 Note Payable: 23,456
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part II, Line 26
ReasonableCauseExplanation/ExplanationTxt0Our 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/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Alix Conte
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum06823331555
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-07-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAKE POINTE ACADEMY INC
ReturnHeader/Filer/BusinessNameControlTxt0LAKE
ReturnHeader/Filer/EIN0455628514
ReturnHeader/Filer/PhoneNum06823331555
ReturnHeader/Filer/USAddress/AddressLine1Txt01270 Weatherford Hwy
ReturnHeader/Filer/USAddress/CityNm0GRANBURY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd076048
ReturnHeader/ReturnTs02025-07-10T10:49:23Z
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-08-01
ReturnHeader/TaxPeriodEndDt02024-07-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.