Civic Intelligence

L P S Development Corporation

EIN 75-2039769 • 501(c)3 • Dallas, TX

Profile

The organization was established to receive, maintain and own real estate and use any or all the derived income for educational purposes as needed by lakehill preparatory school.

2720 Hillside DriveDallas, TX 75214

lakehillprep.org

Siviq Scores

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

Liabilities / Assets

91st percentile

0.92x

Higher debt load relative to assets than 91% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

100th percentile

100%

Higher net margin than 100% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

56th percentile

$204,587

Higher top officer pay than 56% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

36th percentile

0.4%

Faster asset growth than 36% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets91st percentile

Assets

Up

$10,666,071

Up $38,944 (+0.4%) from 2023

Liabilities

Up

$9,766,613

Up $240,755 (+2.5%) from 2023

Net Assets

Down

$899,458

Down $201,811 (-18%) from 2023

Operations
Liabilities / RevenueScore unavailableNet Margin100th percentile

Revenue

Down

-$201,811

Down $90,103 (-81%) from 2023

Expenses

Flat

$0

Flat from 2023

Net Income

Down

-$201,811

Down $90,103 (-81%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth36th percentile

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

$15M$10M$5.0M$0Assets 2010: $6,657,354Liabilities 2010: $4,780,951Net Assets 2010: $1,876,4032010Assets 2011: $6,536,916Liabilities 2011: $4,756,374Net Assets 2011: $1,780,5422011Assets 2012: $6,318,004Liabilities 2012: $4,625,768Net Assets 2012: $1,692,2362012Assets 2013: $6,771,969Liabilities 2013: $4,594,522Net Assets 2013: $2,177,4472013Assets 2014: $6,639,644Liabilities 2014: $4,410,222Net Assets 2014: $2,229,4222014Assets 2015: $6,631,908Liabilities 2015: $4,495,567Net Assets 2015: $2,136,3412015Assets 2016: $7,296,363Liabilities 2016: $5,253,523Net Assets 2016: $2,042,8402016Assets 2017: $11,788,525Liabilities 2017: $9,832,825Net Assets 2017: $1,955,7002017Assets 2018: $11,616,331Liabilities 2018: $9,872,814Net Assets 2018: $1,743,5172018Assets 2019: $11,219,102Liabilities 2019: $9,633,191Net Assets 2019: $1,585,9112019Assets 2020: $10,821,875Liabilities 2020: $9,377,141Net Assets 2020: $1,444,7342020Assets 2021: $10,424,647Liabilities 2021: $9,103,753Net Assets 2021: $1,320,8942021Assets 2022: $10,203,391Liabilities 2022: $8,990,414Net Assets 2022: $1,212,9772022Assets 2023: $10,627,127Liabilities 2023: $9,525,858Net Assets 2023: $1,101,2692023Assets 2024: $10,666,071Liabilities 2024: $9,766,613Net Assets 2024: $899,4582024

Highlighted filing

2024

Assets$10,666,071
Liabilities$9,766,613
Net Assets$899,458
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$400K$200K$0-$200K-$400KExpenses 2010: $2,0002010Revenue 2011: -$95,861Expenses 2011: $0Net Income 2011: -$95,8612011Expenses 2012: $02012Expenses 2013: $02013Revenue 2014: $334,416Expenses 2014: $282,441Net Income 2014: $51,9752014Revenue 2015: $151,166Expenses 2015: $244,247Net Income 2015: -$93,0812015Revenue 2016: -$93,501Expenses 2016: $0Net Income 2016: -$93,5012016Revenue 2017: -$87,140Expenses 2017: $0Net Income 2017: -$87,1402017Revenue 2018: -$212,183Expenses 2018: $0Net Income 2018: -$212,1832018Revenue 2019: -$157,606Expenses 2019: $0Net Income 2019: -$157,6062019Revenue 2020: -$141,177Expenses 2020: $0Net Income 2020: -$141,1772020Revenue 2021: -$123,840Expenses 2021: $0Net Income 2021: -$123,8402021Revenue 2022: -$107,917Expenses 2022: $0Net Income 2022: -$107,9172022Revenue 2023: -$111,708Expenses 2023: $0Net Income 2023: -$111,7082023Revenue 2024: -$201,811Expenses 2024: $0Net Income 2024: -$201,8112024

Highlighted filing

2024

Revenue-$201,811
Expenses$0
Net Income-$201,811
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,666,071
Liabilities
$9,766,613
Net assets
$899,458
Revenue
-$201,811
Expenses
$0
Net income
-$201,811
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$10.7$9.77$0.90$0.20$0.00$0.20
2023Detailed filing. Detailed filing data is available for this year.$10.6$9.53$1.10$0.11$0.00$0.11
2022Detailed filing. Detailed filing data is available for this year.$10.2$8.99$1.21$0.11$0.00$0.11
2021Detailed filing. Detailed filing data is available for this year.$10.4$9.10$1.32$0.12$0.00$0.12
2020Detailed filing. Detailed filing data is available for this year.$10.8$9.38$1.44$0.14$0.00$0.14
2019Detailed filing. Detailed filing data is available for this year.$11.2$9.63$1.59$0.16$0.00$0.16
2018Detailed filing. Detailed filing data is available for this year.$11.6$9.87$1.74$0.21$0.00$0.21
2017Detailed filing. Detailed filing data is available for this year.$11.8$9.83$1.96$0.09$0.00$0.09
2016Detailed filing. Detailed filing data is available for this year.$7.30$5.25$2.04$0.09$0.00$0.09
2015Detailed filing. Detailed filing data is available for this year.$6.63$4.50$2.14$0.15$0.24$0.09
2014Detailed filing. Detailed filing data is available for this year.$6.64$4.41$2.23$0.33$0.28$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.77$4.59$2.18$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.32$4.63$1.69$0.00
2011Summary only. Only limited summary data is available for this year.$6.54$4.76$1.78$0.10$0.00$0.10
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.66$4.78$1.88$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Aug 1, 2023 to Jul 31, 2024
Signed
May 12, 2025
Return Version
2023v6.0
Gross Receipts
$350,000
Mission and Program Overview

Mission

The organization was established to receive, maintain and own real estate and use any or all the derived income for educational purposes as needed by lakehill preparatory school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$9,868,001$10,666,071▲ $798,070
Cash and Non-Interest-Bearing Accounts-$0-
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$10,627,127$10,666,071▲ $38,944
Other Assets Total$759,126$0▼ $759,126
Liabilities
Other Liabilities$8,660,858$9,241,613▲ $580,755
Tax Exempt Bond Liabilities$865,000$525,000▼ $340,000
Total Liabilities$9,525,858$9,766,613▲ $240,755
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,101,269$899,458▼ $201,811
Total Net Assets Fund Balance$1,101,269$899,458▼ $201,811
Total Liabilities and Net Assets / Fund Balance$10,627,127$10,666,071▲ $38,944

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,462,548$3,351,991$9,814,539
Equipment$3,062,319$6,044,061$9,106,380
Land$1,141,204-$1,141,204
Compensation and Service Providers
Top Officer Pay56th percentile

Board Members and Trustees

NameTitle
Brent RosenthalPresident
Bruce MccoskeyCFO
Lynn SurlsTreasurer
Tim MackVP/secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$-201,811
Change in Net Assets
$-201,811

Audited Revenue Reconciliation

Revenue per Audited Statements
$-201,811
Revenue Not Reported on Form 990
$551,811
Total Revenue per Audited Statements
$350,000
Total Revenue per Form 990
$-201,811
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$0
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Audited Expense Reconciliation

Line ItemAmount
Expenses Not Reported on Form 990$551,811
Total Expenses per Audited Statements$551,811
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliates$9,241,613
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Officers review the 990 and approve prior to signing and filing.”

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

“When conflicts of interest arise, the individual with the conflict is expected to disclose in writing the existence of the conflict to the board of directors.”

Form 990, Part VI, Section C, Line 19

“Available on request at main office.”

Filing and Contact Details

Filer

Filer Name
L P S Development Corporation
EIN
75-2039769
Phone
2148262931
Address
2720 HILLSIDE DRIVE, DALLAS, TX 75214

Signing Officer

Name
Bruce Mccoskey
Title
CFO
Signed
2025-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Roger Perry
Formed
1992
Legal Domicile
TX
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Sutton Frost Cary LLP
Address
200 E Front St Suite 200, Arlington, TX 76011
Preparer
Carroll Elizabeth Arnott
Phone
8176498083
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

“LPS and LPSDC are exempt from federal income taxes under section 501(c)(3) of the Internal Revenue Code (IRC) and have not been classified as private foundations as defined in the IRC. Income generated from activities unrelated to the Schools exempt purposes is subject to tax under IRC Section 511. The School had no unrelated business income for the year ended July 31, 2024. Accordingly, no provision has been made for federal income tax.GAAP requires the evaluation of tax positions taken in the course of preparing the Schools tax return and recognition of a tax liability (or asset) if the School has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service. Management has analyzed the tax positions taken by the School, and has concluded that as of July 31, 2024, there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the combined financial statements.”

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

“RENT EXPENSES $551811”

Part XII, Line 2D: Other expenses and losses per audited F/S

“RENT EXPENSES $551811”

Raw XML AppendixShowing 400 of 421 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/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0350000
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0350000
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0350000
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0350000
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0350000
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01750000
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt01750000
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0350000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0350000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0350000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0350000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0350000
IRS990ScheduleA/Total509Grp/TotalAmt01750000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0350000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0350000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0350000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0350000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0350000
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01750000
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt06462548
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03351991
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt09814539
IRS990ScheduleD/EquipmentGrp/BookValueAmt03062319
IRS990ScheduleD/EquipmentGrp/DepreciationAmt06044061
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt09106380
IRS990ScheduleD/ExpensesNotReportedAmt0551811
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01141204
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01141204
IRS990ScheduleD/OtherExpensesIncludedAmt0551811
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt09241613
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATES
IRS990ScheduleD/OtherRevenueAmt0551811
IRS990ScheduleD/RevenueNotReportedAmt0551811
IRS990ScheduleD/RevenueSubtotalAmt0-201811
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0LPS and LPSDC are exempt from federal income taxes under section 501(c)(3) of the Internal Revenue Code (IRC) and have not been classified as private foundations as defined in the IRC. Income generated from activities unrelated to the Schools exempt purposes is subject to tax under IRC Section 511. The School had no unrelated business income for the year ended July 31, 2024. Accordingly, no provision has been made for federal income tax.GAAP requires the evaluation of tax positions taken in the course of preparing the Schools tax return and recognition of a tax liability (or asset) if the School has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service. Management has analyzed the tax positions taken by the School, and has concluded that as of July 31, 2024, there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the combined financial statements.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RENT EXPENSES $551811
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2RENT EXPENSES $551811
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XII, Line 2d: Other expenses and losses per audited F/S
IRS990ScheduleD/TotalBookValueLandBuildingsAmt010666071
IRS990ScheduleD/TotalLiabilityAmt09241613
IRS990ScheduleD/TotalRevenuePerForm990Amt0-201811
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0350000
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0551811
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt011335
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0173875
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt05217
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt013210
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt0950
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0BRUCE MCCOSKEY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CFO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0204587
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OFFICERS REVIEW THE 990 AND APPROVE PRIOR TO SIGNING AND FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1WHEN CONFLICTS OF INTEREST ARISE, THE INDIVIDUAL WITH THE CONFLICT IS EXPECTED TO DISCLOSE IN WRITING THE EXISTENCE OF THE CONFLICT TO THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AVAILABLE ON REQUEST AT MAIN OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0LAKEHILL PREPARATORY SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0751366180
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PREPARATORY SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt02
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt02720 HILLSIDE DRIVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0DALLAS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd075214
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0true
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0true
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0true
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt09241613
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1350000
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0amount due
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1amount paid
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0LAKEHILL PREPARATORY SCHOOL
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1LAKEHILL PREPARATORY SCHOOL
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0e
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1k
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt0865000
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt0525000
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt010627127
IRS990/TotalAssetsEOYAmt010666071
IRS990/TotalAssetsGrp/BOYAmt010627127
IRS990/TotalAssetsGrp/EOYAmt010666071
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt00
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt09525858
IRS990/TotalLiabilitiesEOYAmt09766613
IRS990/TotalLiabilitiesGrp/BOYAmt09525858
IRS990/TotalLiabilitiesGrp/EOYAmt09766613
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01101269
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0899458
IRS990/TotalOtherCompensationAmt018427
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0-201811
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0-201811
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt010627127
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt010666071
IRS990/TotReportableCompRltdOrgAmt0186160
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0lakehillprep.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BRUCE MCCOSKEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0L P S DEVELOPMENT CORPORATION

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