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Lake Pointe Foundation INC FY2022 filing

Tax-deductible

Allen, TX501(c)(3)Diseases & Disorders EIN 20-8027671Revenue $410K in FY2022Latest return filed Oct 24, 2025

On file with the IRSthembafoundation.orgAllen, TXTax-exempt since Mar 2007Publicly supported charity — 170(b)(1)(A)(vi)

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Assist children living with HIV/aids in south africa.

501(c)(3) charity; gifts are tax-deductible.
90¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average surplus $18K a year · 4% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
90%
of spending
Looks good: 90% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
4 mo
of spending, in cash
Looks good: 3.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$135K
103% of total assets
Concern: liabilities are 103% of assets; over 80%.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$410K
-24% vs prior year
Spent
$443K
To programs
90%
Net assets
−$4K
By yearFY2020–FY2024
Revenue
$410K
FY2022▼ -24%
Tap a bar for its year
Revenue by fiscal year
FY2020$466K
FY2021$540K
FY2022$410K
FY2023$196K
FY2024$739K
Expenses
$443K
FY2022▼ -19%
Tap a bar for its year
Expenses by fiscal year
FY2020$470K
FY2021$549K
FY2022$443K
FY2023$151K
FY2024$648K
Net assets
−$4K
FY2022▼ -114%
Tap a bar for its year
Net assets by fiscal year
FY2020$38K
FY2021$29K
FY2022−$4K
FY2023$41K
FY2024$132K

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 2007.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

90 cents of each dollar spent went to programs.

Program services 90% · $398K Management & general 10% · $45K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

4 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Lake Pointe Foundation INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Helps children with HIV/AIDS in South Africa.

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2 programs · $398K · in their own filed words · FY2022
01

Provide funds for the operations of a community center in murchison community in south africa.

$206Kprogram expense
02

Rehoboth childrens village south africa. A home for orphaned children infected with HIV/AIDS. We provided funds for full time teacher, school uniforms and school fees.

$192Kprogram expense

By the numbers

The FY2022 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$410K
Ln 12
Gifts and grantsLn 1h$410K
Money outPt IX
$443K
Ln 25
Programscol B$398K
Managementcol C$45K
Owns and owesPt X
−$4K
net assets · Ln 32
Cash and savingsLn 1–2$131K
Total assetsLn 16$131K
LiabilitiesLn 26$135K
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$410K
Total revenueLn 12$410K
Assets in detailPt X, end of year
CashLn 1$131K
Cash and savings togetherLn 1–2$131K
Total assetsLn 16$131K
LiabilitiesLn 26$135K
Net assetsLn 32−$4K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3More from this return
Abroad and in kindSch F, M
Grants to other countriesSch F Pt II–III$398K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$29K$131K
Total assetsLn 16$29K$131K
LiabilitiesLn 26$0$135K
Net assetsLn 32$29K−$4K
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants and assistance to foreign recipientsLn 3$398K$398K
Other salaries and wagesLn 7$28K$28K
Other expenses (24a–d)Ln 24$17K$17K
Total functional expensesLn 25$443K$398K$45K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Oct 24, 2025 $739K$648K$91K$132K 990 PDF
FY2023Filed with the IRS Nov 15, 2024 $196K$151K$45K$41K 990 PDF
FY2022 ViewingFiled with the IRS Oct 12, 2023 $410K$443K−$33K−$4K 990 PDF
FY2021Filed with the IRS Feb 17, 2022 $540K$549K−$10K$29K 990 PDF
FY2020Filed with the IRS Apr 5, 2021 $466K$470K−$4K$38K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support F · Foreign O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $410,196 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $539,734$410,196
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $539,734$410,196
I-13 Grants and similar amounts paidPrior year $544,315$398,094
I-14 Benefits paid to members$0
I-15 Salaries and benefits$27,549
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $4,925$17,395
I-18 Total expensesPrior year $549,240$443,038
I-19 Revenue less expensesPrior year −$9,506−$32,842
Part VI · Governance 4 of 4 board members independent, 4 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $410,196 across 3 lines filed
VIII-1f All other contributions, gifts and grants$410,196
VIII-1h Total contributions, gifts and grants$410,196
VIII-12 Total revenue$410,196
Part IX · Statement of functional expenses $443,038 across 3 lines filed
IX-3 Grants and assistance to foreign recipientsPrograms $398,094$398,094
IX-7 Other salaries and wagesManagement $27,549$27,549
IX-24 Other expenses (24a–d)Management $17,395$17,395
IX-25 Total functional expensesPrograms $398,094 · Management $44,944 · Fundraising $0$443,038
Part X · Balance sheet $131,266 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $28,688$131,266
X-16 Total assetsStart of year $28,688$131,266
X-17 Accounts payable and accrued expenses$9,102
X-18 Grants payable$126,318
X-26 Total liabilitiesStart of year $0$135,420
X-27 Net assets without donor restrictionsStart of year $28,688−$4,154
X-32 Total net assets or fund balancesStart of year $28,688−$4,154
X-33 Total liabilities and net assetsStart of year $28,688$131,266
Part XI · Reconciliation of net assets −$4,154 net assets at year end
XI-1 Total revenue$410,196
XI-2 Total expenses$443,038
XI-3 Revenue less expenses−$32,842
XI-4 Net assets at start of year$28,688
XI-10 Net assets at end of year−$4,154

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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