Texas · Nonprofit
LS CLASSIC FOUNDATION
LS CLASSIC FOUNDATION (Texas) receives grants from 20 organizations whose IRS filings report $738,494 to it, the largest being AMERICAN ONLINE GIVING FOUNDATION INC ($164,156). 13 of them have funded it in more than one year, and 50% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $962k
- Funders on record
- 20
- Grants received
- $738k
- Net assets
- $3.1M
What Ls Classic Foundation does
Mission
To cure spinal cord paralysis (scp) through funding research, recovery and recreation (three r's).
As stated on its FY2024 Form 990.
Programs
Research - raise funds for medical research to find a cure. Recovery - raise funds to help those injured receive physical therapy, and to buy equipment for the recovery center. Recreation - created an adaptive sports program for sci individuals
$373,023 spentof which $148,171 as grants47% of program spendingResearch funded ut austin - dr bittner's research using peg infusion in rats to cure paralysis... He is working on reconnecting the nerves where they were damaged. $110,000recreationfunded camp scholarships for paraplegics and quadriplegicssponsor recreation events - wheelchair rugby, utsa tennis for parapelegics, atx abilities, austin rec'ersfacilitated several outdoor recreation activities to include kayaking, archery, shooting,skiingreceived va grant to spend on the texas parasports - texas regional gamespurchased some sport wheelchairsrecoverypurchased the ibot powerbase-$46kfunded 24 scholarships for recovery... Many individuals' insurance runs out, they don't have insurance or can't afford the copay percentage and we help pay for their physical therapy sessions at spero rehab or easter seals. Some of the recipients have had spinal injuries or have experienced paralysis from strokes. These patients are reviewed by a therapist and sessions are documented. We have several amazing recovery stories.
$148,171 spent19% of program spendingOther program services, not described on the e-filed return.
$275,868 spent35% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $797,062.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $1.0M to $2.9M (+184%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2022 28% · 2023 7% · 2024 26%. Grants only. Government contracts and fees sit inside program revenue.
78% of LS CLASSIC FOUNDATION’s revenue is contributions — about as donation-reliant as the typical peer (87% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Mike Haynes
Exec. Dir.
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 3 funders to 7 funders, grant income fell $130k → $128k.
10 of 20 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 50% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of LS CLASSIC FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
LS CLASSIC FOUNDATION has a broad base — no single funder exceeds 22% of grant income, and it takes 3 funders to reach half.
the vertical line marks half of all grant income — 3 funders to its left
65% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund LS CLASSIC FOUNDATION.
Largest funder’s share by year: 2017 92% · 2018 43% · 2019 54% · 2020 26% · 2021 45% · 2022 31% · 2023 41% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
42% of LS CLASSIC FOUNDATION's funders are still giving 3 years after their first grant; 65% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
50% of LS CLASSIC FOUNDATION's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $366k that is directly attributable, 72% of it comes from funders outside Texas, across 5 states.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $372k arriving through sponsors registered in 9 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
LS CLASSIC FOUNDATION holds deeper cash reserves than three-quarters of the 7,127 philanthropy nonprofits its size.
this organization peer median middle 50% of peers· 7,127 philanthropy nonprofits $100k–$1M, FY2024
Government funding LS CLASSIC FOUNDATION receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $1.1M on record.
- Department of Veterans Affairs$1.1M
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like LS CLASSIC FOUNDATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Texas
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
97% of spending goes to programs.
Governance
Public support
96%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for LS CLASSIC FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds LS CLASSIC FOUNDATION?
- LS CLASSIC FOUNDATION (Texas) receives grants from 20 organizations whose IRS filings report $738,494 to it, the largest being AMERICAN ONLINE GIVING FOUNDATION INC ($164,156). 13 of them have funded it in more than one year, and 50% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does LS CLASSIC FOUNDATION have?
- IRS filings report 20 organizations giving $738,494 in grants to LS CLASSIC FOUNDATION, 13 of which have funded it in more than one year.
- Who is the largest funder of LS CLASSIC FOUNDATION?
- AMERICAN ONLINE GIVING FOUNDATION INC is the largest funder on record, with $164,156 in grants. The full list of funders is on this page.
- How can an organization like LS CLASSIC FOUNDATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Texas. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 20 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing