Civic Intelligence

Lubbock Entertainment and Performing Arts Association

990 • Fiscal year 2016 • EIN 46-1912406

Oct 01, 2015 to Sep 30, 2016 • Filed on Jul 27, 2017

Organization ProfileWWW.LEPAA.ORG
1500 Broadway No 1254Lubbock, TX 79401

(806) 747-3200

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

13th percentile

0.02x

Higher debt load relative to assets than 13% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2016

Liabilities / Revenue

48th percentile

0.42x

Higher debt load relative to revenue than 48% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2016

Net Margin

98th percentile

90%

Higher net margin than 98% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2016

Top Officer Pay

4th percentile

$0

Higher top officer pay than 4% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2016

Asset Growth

67th percentile

6.1%

Faster asset growth than 67% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2015 to 2016

Revenue Growth

2nd percentile

-76%

Faster revenue growth than 2% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets13th percentile

Assets

Up

$70,375,360

Up $4,030,500 (+6.1%) from 2015

Net Assets

Up

$68,658,980

Up $3,725,956 (+5.7%) from 2015

Liabilities

Up

$1,716,380

Up $304,544 (+22%) from 2015

Revenue And Expenses
Liabilities / Revenue48th percentileNet Margin98th percentile

Revenue

Down

$4,119,274

Down $12,820,830 (-76%) from 2015

Expenses

Up

$393,318

Up $111,902 (+40%) from 2015

Net Income

Down

$3,725,956

Down $12,932,732 (-78%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth67th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$200M$150M$100M$50M$0Assets 2013: $102,647Liabilities 2013: $02013Assets 2014: $8,329,962Liabilities 2014: $0Net Assets 2014: $8,329,9622014Assets 2015: $66,344,860Liabilities 2015: $1,411,836Net Assets 2015: $64,933,0242015Assets 2016: $70,375,360Liabilities 2016: $1,716,380Net Assets 2016: $68,658,9802016Assets 2017: $76,667,974Liabilities 2017: $4,472,103Net Assets 2017: $72,195,8712017Assets 2018: $89,582,616Liabilities 2018: $12,156,153Net Assets 2018: $77,426,4632018Assets 2019: $136,456,017Liabilities 2019: $54,600,196Net Assets 2019: $81,855,8212019Assets 2020: $178,446,394Liabilities 2020: $92,827,286Net Assets 2020: $85,619,1082020Assets 2021: $190,146,565Liabilities 2021: $109,254,903Net Assets 2021: $80,891,6622021Assets 2022: $183,043,713Liabilities 2022: $81,187,456Net Assets 2022: $101,856,2572022Assets 2023: $171,205,435Liabilities 2023: $73,076,062Net Assets 2023: $98,129,3732023Assets 2024: $168,715,912Liabilities 2024: $69,190,879Net Assets 2024: $99,525,0332024

Highlighted filing

2016

Assets$70,375,360
Liabilities$1,716,380
Net Assets$68,658,980
Open 2016 Filing

Operations Trend

Revenue Growth2nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$40M$20M$0-$20MRevenue 2013: $175,200Expenses 2013: $72,553Net Income 2013: $102,6472013Revenue 2014: $8,447,870Expenses 2014: $220,555Net Income 2014: $8,227,3152014Revenue 2015: $16,940,104Expenses 2015: $281,416Net Income 2015: $16,658,6882015Revenue 2016: $4,119,274Expenses 2016: $393,318Net Income 2016: $3,725,9562016Revenue 2017: $3,829,846Expenses 2017: $327,758Net Income 2017: $3,502,0882017Revenue 2018: $5,589,356Expenses 2018: $368,584Net Income 2018: $5,220,7722018Revenue 2019: $4,822,924Expenses 2019: $483,147Net Income 2019: $4,339,7772019Revenue 2020: $4,640,352Expenses 2020: $815,385Net Income 2020: $3,824,9672020Revenue 2021: $3,966,271Expenses 2021: $4,800,499Net Income 2021: -$834,2282021Revenue 2022: $38,881,318Expenses 2022: $11,733,708Net Income 2022: $27,147,6102022Revenue 2023: $7,664,636Expenses 2023: $11,510,100Net Income 2023: -$3,845,4642023Revenue 2024: $12,369,677Expenses 2024: $12,321,371Net Income 2024: $48,3062024

Highlighted filing

2016

Revenue$4,119,274
Expenses$393,318
Net Income$3,725,956
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2015 to Sep 30, 2016
Signed
Jul 27, 2017
Return Version
2015v3.0
Gross Receipts
$4,119,274
Mission and Program Overview

Mission

Lubbock entertainment & performing arts association (lepaa) is a texas non-profit corporation, dedicated to enriching the lives of those who live in lubbock, the south plains, and beyond, through the presentation of a variety of the finest performing arts events, and educational and community programs that will support, enhance and expand appreciation for the arts, entertainment, culture, music, history and heritage of the south plains.

Lubbock entertainment and performing arts association (lepaa) is a texas non-profit corporation, and is organized for the purpose of raising funds for the construction of a performing arts and sciences center in lubbock, texas, with such construction to occur within three years of 2013. The performing arts center will be used for hosting and promoting the performing arts for the citizens of lubbock, texas and surrounding area. Lubbock entertainment and performing arts association will solicit funds from a variety of non-profit foundations, local businesses, and individuals in order to construct a facility where performances can take place.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$42,127,942$33,776,738▼ $8,351,204
Savings and Temporary Cash Investments-$21,890,133-
Land, Buildings, and Equipment, Net$935,365$939,767▲ $4,402
Cash and Non-Interest-Bearing Accounts$16,717,577$65,482▼ $16,652,095
Prepaid Expenses and Deferred Charges$13,086$10,898▼ $2,188
Total Assets$66,344,860$70,375,360▲ $4,030,500
Other Assets Total$6,550,890$13,692,342▲ $7,141,452
Liabilities
Accounts Payable and Accrued Expenses$1,411,540$875,380▼ $536,160
Deferred Revenue-$841,000-
Unsecured Notes Loans Payable$296--
Total Liabilities$1,411,836$1,716,380▲ $304,544
Net Assets / Fund Balance
Temporarily Rstr Net Assets$57,405,293$53,980,113▼ $3,425,180
Unrestricted Net Assets$7,527,731$14,678,867▲ $7,151,136
Total Net Assets Fund Balance$64,933,024$68,658,980▲ $3,725,956
Total Liabilities and Net Assets / Fund Balance$66,344,860$70,375,360▲ $4,030,500

Asset Categories

AssetBook ValueDepreciationBasis
Land$938,400-$938,400
Equipment$1,367$3,954$5,321
Other Assets Org$10,754--
Compensation and Service Providers
Top Officer Pay4th percentile

Board Members and Trustees

NameTitle
Tim CollinsChairman
PATTY D'ALISEVice Chairman
Carla MoranDirector
Christopher AndersonDirector
Gary GreenstreetDirector
Kay SanfordDirector
Kerry SessionsDirector
Laura VinsonDirector
Lee Ann HuddlestonDirector
Matt BumsteadDirector
Van MayDirector
Marianna MarkhamSecretary
Mark BassTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Parkhill Smith & CooperDesign Services4222 85TH STREET, Lubbock, TX 79423$4,049,622
Garfield Publicprivate LLCDevelopment14785 PRESTON RD STE 480, Dallas, TX 75254$2,021,144
Revenue and Support

Revenue Composition

Contributions and Grants
$4,094,901
Program Service Revenue
$0
Investment Income
$24,373
Other Revenue
$0
All Other Contributions
$4,094,901
Change in Net Assets
$3,725,956

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,119,274
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$5,000
Total Revenue per Audited Statements
$4,124,274
Total Revenue per Form 990
$4,119,274
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$345,843
Total Fundraising Expense$138,867
Professional Fundraising Fees$47,475
Grants and Similar Amounts Paid$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$68,891$69,314$19,446$157,651
Fees for Services Professional Fundraising--$47,475$47,475
Office Expenses$14,474$1,229$13,246$28,949
Advertising$6,999-$20,996$27,995
Occupancy$11,556$5,777$5,777$23,110
Other Expenses$22,127-$14,644$22,127
Fees for Services Accounting-$12,695-$12,695
Fees for Services Legal$9,370-$3,124$12,494
Information Technology$1,262$2,506$7,462$11,230
Insurance$4,247$2,123$2,123$8,493
Conferences and Meetings$765$386$1,348$2,499
Travel$644-$1,728$2,372
Depreciation Depletion$961$481$481$1,923
All Other Expenses--$1,017$1,017
Total Functional Expenses$159,940$94,511$138,867$393,318

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$398,318
Expenses per Audited Statements$393,318
Total Expenses per Form 990$393,318
Expenses Not Reported on Form 990$5,000
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$47,475
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“Lepaa has hired rea & associates, llc owned by rob allison to manage thier day to day operations. Rea is an independent contractor, but the services provided by rea and rob are similar to the services of an executive director.”

Form 990, Part VI, Section A, Line 4

“The bylaws were amended to increase the number of board members to 13.”

Form 990, Part VI, Section B, Line 11

“No review was or will be conducted.”

Form 990, Part VI, Section B, Line 12C

“All members of the board must agree to review, sign and abide by the conflict of interest policy. At each board meeting the board asks if there are any conflicts of intersest and each board member must state if they have a conflict or perceived conflict of interest.”

Form 990, Part VI, Section C, Line 19

“The association will make available a copy of their governing documents, conflict of interest policy and financial statments to the public. Requests can be made at the assocation's office located in lubbock, tx.”

Filing and Contact Details

Filer

Filer Name
Lubbock Entertainment and Performing
EIN
46-1912406
Phone
8067473200
Address
1500 BROADWAY NO 1254, LUBBOCK, TX 79401

Signing Officer

Name
Tim Collins
Title
President
Phone
8067473200
Signed
2017-07-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tim Collins
Formed
2013
Legal Domicile
TX
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
13

Preparer

Firm
Bolinger Segars Gilbert and Moss Llp
Address
8215 NASHVILLE AVENUE, LUBBOCK, TX 79423
Preparer
Matt R Willis
Phone
8067473806
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“The board of directors have assigned members to an audit committee to select the independent cpa who will perform the audit. This process has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“Lepaa has adopted the "uncertain tax positions" provisions of accounting principles generally accepted in the united states of america. The primary tax position of lepaa is its filing status as a tax exempt entity. Lepaa determined that it is more likely than not that its tax positions will be sustained upon examination by the internal revenue service (irs) and that all tax benefits are likely to be realized upon settlement with taxing authorities.”

Raw XML AppendixShowing 400 of 504 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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IRS990/ActivityOrMissionDesc0LUBBOCK ENTERTAINMENT AND PERFORMING ARTS ASSOCIATION (LEPAA) IS A TEXAS NON-PROFIT CORPORATION, AND IS ORGANIZED FOR THE PURPOSE OF RAISING FUNDS FOR THE CONSTRUCTION OF A PERFORMING ARTS AND SCIENCES CENTER IN LUBBOCK, TEXAS, WITH SUCH CONSTRUCTION TO OCCUR WITHIN THREE YEARS OF 2013. THE PERFORMING ARTS CENTER WILL BE USED FOR HOSTING AND PROMOTING THE PERFORMING ARTS FOR THE CITIZENS OF LUBBOCK, TEXAS AND SURROUNDING AREA. LUBBOCK ENTERTAINMENT AND PERFORMING ARTS ASSOCIATION WILL SOLICIT FUNDS FROM A VARIETY OF NON-PROFIT FOUNDATIONS, LOCAL BUSINESSES, AND INDIVIDUALS IN ORDER TO CONSTRUCT A FACILITY WHERE PERFORMANCES CAN TAKE PLACE.
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IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02013
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt04119274
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt07462
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt02506
IRS990/InformationTechnologyGrp/ProgramServicesAmt01262
IRS990/InformationTechnologyGrp/TotalAmt011230
IRS990/InsuranceGrp/FundraisingAmt02123
IRS990/InsuranceGrp/ManagementAndGeneralAmt02123
IRS990/InsuranceGrp/ProgramServicesAmt04247
IRS990/InsuranceGrp/TotalAmt08493
IRS990/InvestmentIncomeGrp/ExclusionAmt024373
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt024373
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt013
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03954
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0935365
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0939767
IRS990/LandBldgEquipCostOrOtherBssAmt0943721
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0LUBBOCK ENTERTAINMENT AND PERFORMING ARTS ASSOCIATION (LEPAA) IS A TEXAS NON-PROFIT CORPORATION, AND IS ORGANIZED FOR THE PURPOSE OF RAISING FUNDS FOR THE CONSTRUCTION OF A PERFORMING ARTS AND SCIENCES CENTER IN LUBBOCK, TEXAS, WITH SUCH CONSTRUCTION TO OCCUR WITHIN THREE YEARS OF 2013. THE PERFORMING ARTS CENTER WILL BE USED FOR HOSTING AND PROMOTING THE PERFORMING ARTS FOR THE CITIZENS OF LUBBOCK, TEXAS AND SURROUNDING AREA. LUBBOCK ENTERTAINMENT AND PERFORMING ARTS ASSOCIATION WILL SOLICIT FUNDS FROM A VARIETY OF NON-PROFIT FOUNDATIONS, LOCAL BUSINESSES, AND INDIVIDUALS IN ORDER TO CONSTRUCT A FACILITY WHERE PERFORMANCES CAN TAKE PLACE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt064933024
IRS990/NetAssetsOrFundBalancesEOYAmt068658980
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt05777
IRS990/OccupancyGrp/ManagementAndGeneralAmt05777
IRS990/OccupancyGrp/ProgramServicesAmt011556
IRS990/OccupancyGrp/TotalAmt023110
IRS990/OfficeExpensesGrp/FundraisingAmt013246
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01229
IRS990/OfficeExpensesGrp/ProgramServicesAmt014474
IRS990/OfficeExpensesGrp/TotalAmt028949
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt06550890
IRS990/OtherAssetsTotalGrp/EOYAmt013692342
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0START UP COSTS
IRS990/OtherExpensesGrp/Desc1MPEC FEASIBILITY
IRS990/OtherExpensesGrp/FundraisingAmt014644
IRS990/OtherExpensesGrp/ProgramServicesAmt018644
IRS990/OtherExpensesGrp/ProgramServicesAmt122127
IRS990/OtherExpensesGrp/TotalAmt033288
IRS990/OtherExpensesGrp/TotalAmt122127
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt042127942
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt033776738
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt013086
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt010898
IRS990/PrincipalOfficerNm0TIM COLLINS
IRS990/ProfessionalFundraisingInd01
IRS990/ProgSrvcAccomActy2Grp/Desc0LEPAA INITIATED A FEASIBILITY STUDY FOR A MULTI-PURPOSE EVENT CENTER IN LUBBOCK. THE STUDY ENCOMPASSED RESEARCH FOR ADDITIONAL SPACE TO BE USED AS PERFORMING ARTS AND SCIENCES VENUES. THESE EDUCATIONAL PURPOSE AREAS WOULD INCLUDE DEDICATED SPACE FOR LIVESTOCK PAVILLIONS AND APPLIED SCIENCE PURPOSES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt022127
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt016933343
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt06761
IRS990/PYOtherExpensesAmt0259591
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt016658688
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0281416
IRS990/PYTotalProfFndrsngExpnsAmt021825
IRS990/PYTotalRevenueAmt016940104
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt03725956
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt021890133
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0DESCRIPTION: $20,000,000 CASH GRANT DATE: 03/06/14 AMOUNT: 20000000.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt04094901
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt016921476
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt027305579
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01253200
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt049575156
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt024373
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt06761
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01282
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt032416
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt011551609
IRS990ScheduleA/SubstantialContributorsTotAmt038023547
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt04094901
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt016921476
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt027305579
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01253200
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt049575156
IRS990ScheduleA/TotalSupportAmt049607572
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt05000
IRS990ScheduleD/DonatedServicesUseFcltsAmt05000
IRS990ScheduleD/EquipmentGrp/BookValueAmt01367
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03954
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt05321
IRS990ScheduleD/ExpensesNotReportedAmt05000
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0393318
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0938400
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0938400
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt013681588
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt110754
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CONSTRUCTION IN PROGRESS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1ARCHITECTURAL MODEL
IRS990ScheduleD/RevenueNotReportedAmt05000
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04119274
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0LEPAA HAS ADOPTED THE "UNCERTAIN TAX POSITIONS" PROVISIONS OF ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. THE PRIMARY TAX POSITION OF LEPAA IS ITS FILING STATUS AS A TAX EXEMPT ENTITY. LEPAA DETERMINED THAT IT IS MORE LIKELY THAN NOT THAT ITS TAX POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE (IRS) AND THAT ALL TAX BENEFITS ARE LIKELY TO BE REALIZED UPON SETTLEMENT WITH TAXING AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0939767
IRS990ScheduleD/TotalBookValueOtherAssetsAmt013692342
IRS990ScheduleD/TotalExpensesPerForm990Amt0393318
IRS990ScheduleD/TotalRevenuePerForm990Amt04119274
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04124274
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0398318
IRS990ScheduleG/AgrmtProfFundraisingActyInd00
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt0FUNDRAISING
IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt1CONSULTING
IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt2GRANT WRITING
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd00
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd10
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd20
IRS990ScheduleG/FundraiserActivityInfoGrp/GrossReceiptsAmt02984000
IRS990ScheduleG/FundraiserActivityInfoGrp/GrossReceiptsAmt1516000
IRS990ScheduleG/FundraiserActivityInfoGrp/GrossReceiptsAmt2175000
IRS990ScheduleG/FundraiserActivityInfoGrp/NetToOrganizationAmt02972000
IRS990ScheduleG/FundraiserActivityInfoGrp/NetToOrganizationAmt1501000
IRS990ScheduleG/FundraiserActivityInfoGrp/NetToOrganizationAmt2154255
IRS990ScheduleG/FundraiserActivityInfoGrp/OrganizationBusinessName/BusinessNameLine1Txt0REA ASSOCIATES LLC
IRS990ScheduleG/FundraiserActivityInfoGrp/PersonNm0KATHY GILBREATH
IRS990ScheduleG/FundraiserActivityInfoGrp/PersonNm1STACY KEITH
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt012000
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt115000
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt220745
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine1Txt04603 5TH STREET
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine1Txt1PO BOX 53494
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine1Txt21655 MAIN STREET
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/CityNm0LUBBOCK
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/CityNm1LUBBOCK
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/CityNm2LUBBOCK
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/StateAbbreviationCd0TX
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/StateAbbreviationCd1TX
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/StateAbbreviationCd2TX
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/ZIPCd079416
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/ZIPCd179453
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/ZIPCd279401
IRS990ScheduleG/InPersonSolicitationsInd0X
IRS990ScheduleG/MailSolicitationsInd0X
IRS990ScheduleG/PhoneSolicitationsInd0X

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$70,375,360
Liabilities
$1,716,380
Net assets
$68,658,980
Revenue
$4,119,274
Expenses
$393,318
Net income
$3,725,956
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$169$69.2$99.5$12.4$12.3$0.05
2023Detailed filing. Detailed filing data is available for this year.$171$73.1$98.1$7.66$11.5$3.85
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$183$81.2$102$38.9$11.7$27.1
2021Detailed filing. Detailed filing data is available for this year.$190$109$80.9$3.97$4.80$0.83
2020Detailed filing. Detailed filing data is available for this year.$178$92.8$85.6$4.64$0.82$3.82
2019Detailed filing. Detailed filing data is available for this year.$136$54.6$81.9$4.82$0.48$4.34
2018Detailed filing. Detailed filing data is available for this year.$89.6$12.2$77.4$5.59$0.37$5.22
2017Detailed filing. Detailed filing data is available for this year.$76.7$4.47$72.2$3.83$0.33$3.50
2016Detailed filing. Detailed filing data is available for this year.$70.4$1.72$68.7$4.12$0.39$3.73
2015Detailed filing. Detailed filing data is available for this year.$66.3$1.41$64.9$16.9$0.28$16.7
2014Detailed filing. Detailed filing data is available for this year.$8.33$0.00$8.33$8.45$0.22$8.23
2013Summary only. Only limited summary data is available for this year.$0.10$0.00$0.18$0.07$0.10