Learn Lonestar Education And Research Network

Organization Overview

Learn Lonestar Education And Research Network is located in Mckinney, TX. The organization was established in 2004. According to its NTEE Classification (B02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Education and related organizations. As of 12/2023, Learn Lonestar Education And Research Network employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Learn Lonestar Education And Research Network is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2023, Learn Lonestar Education And Research Network generated $10.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $9.4m during the year ending 12/2023. While expenses have increased by 5.6% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

COLLABORATION OF TEXAS EDUCATION INSTITUTIONS THAT SUPPORT THEIR RESEARCH, EDUCATION, HEALTH CARE AND PUBLIC SERVICE MISSION THROUGH THE INNOVATIVE DEVELOPMENT, OPERATION AND UTILIZATION OF ADVANCED STATEWIDE NETWORKING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE CREATION AND DEVELOPMENT OF INFRASTRUCTURE FOR SUPPORTING THE DEVELOPMENT OF A STATEWIDE FIBER OPTIC NETWORK.


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Board, Officers & Key Employees

Name (title)Compensation
Tony Moore
Director
$0
Dan Schmiedt
Director
$0
Bryan Lucas
Director
$0
Frank Feagans
Director
$0
David Stephens
Director
$0
Vacant
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$860,000
Fundraising events$0
Related organizations$118,300
Government grants $317,421
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,295,721
Total Program Service Revenue$8,826,552
Investment income $572,530
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$91,512
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $10,603,291

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