Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
Name of foundation
LT OPERATING FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)1124 S LEWIS AVE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
TULSA, OK74104
A Employer identification number

82-1728733
B Telephone number (see instructions)

(918) 583-2955
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$15,579,276J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 148,418
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 7,209 7,209  
5a Gross rents............ 916,396   916,396
b Net rental income or (loss) 285,621
6a Net gain or (loss) from sale of assets not on line 10 138,870
b Gross sales price for all assets on line 6a 138,870
7 Capital gain net income (from Part IV, line 2)... 138,870
8 Net short-term capital gain......... 45,322
9 Income modifications...........  
10a Gross sales less returns and allowances 505,825
b Less: Cost of goods sold.... 205,876
c Gross profit or (loss) (attach schedule)..... 299,949 299,949
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
306,363 0 306,363
12 Total. Add lines 1 through 11........ 1,817,205 146,079 1,568,030
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages...... 596,980 0 0 596,980
15 Pension plans, employee benefits....... 80,729 0 0 80,729
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
23,998 0 0 23,998
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
104,769 10,477 0 94,292
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
40,587 0 0 40,587
17 Interest............... 333,856 0 0 333,856
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
464,437 79 0 464,358
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
252,647 0 0
20 Occupancy..............        
21 Travel, conferences, and meetings....... 1,692 0 0 1,692
22 Printing and publications.......... 818 0 0 818
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
933,701 0 0 933,701
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,834,214 10,556 0 2,571,011
25 Contributions, gifts, grants paid....... 373 373
26 Total expenses and disbursements. Add lines 24 and 25 2,834,587 10,556 0 2,571,384
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,017,382
b Net investment income (if negative, enter -0-) 135,523
c Adjusted net income (if negative, enter -0-)... 1,568,030
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 544,204 772,350 772,350
2 Savings and temporary cash investments.........      
3 Accounts receivable right arrow646,240
Less: allowance for doubtful accounts right arrow   512,043 646,240 646,240
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow402
Less: allowance for doubtful accounts right arrow0 402 402 402
8 Inventories for sale or use.............. 26,100 14,577 14,577
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow1,541,279
Less: accumulated depreciation (attach schedule) right arrow1,176,353 369,296 Click to see attachment
List of Attached Documents:
// Content
364,926 		1,682,992
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis right arrow5,596,023
Less: accumulated depreciation (attach schedule) right arrow1,456,916 4,168,882 Click to see attachment
List of Attached Documents:
// Content
4,139,107 		7,658,288
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
8,025,367 		Click to see attachment
List of Attached Documents:
// Content
4,804,427 		Click to see attachment
List of Attached Documents:
// Content
4,804,427
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 13,646,294 10,742,029 15,579,276
Liabilities 17 Accounts payable and accrued expenses.......... 3,994,729 3,922,270
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
7,275,619 		Click to see attachment
List of Attached Documents:
// Content
5,464,604
23 Total liabilities (add lines 17 through 22)......... 11,270,348 9,386,874
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 2,375,946 1,355,155
29 Total net assets or fund balances (see instructions)..... 2,375,946 1,355,155
30 Total liabilities and net assets/fund balances (see instructions). 13,646,294 10,742,029
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
2,375,946
2
Enter amount from Part I, line 27a .....................
2
-1,017,382
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
1,358,564
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
3,409
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
1,355,155
Form 990-PF (2024)
Form 990-PF (2024)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a CHARLES SCHWAB - CAPITAL GAIN DISTRIBUTIONS P   2024-12-31
b AVAILABLE UPON REQUEST P   2024-12-31
c AVAILABLE UPON REQUEST P   2024-12-31
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 2     2
b 93,546     93,546
c 45,322     45,322
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       2
b       93,546
c       45,322
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 138,870
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3 45,322
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 1,884
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 1,884
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 1,884
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 2,132
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 1,200
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 3,332
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 1,448
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow1,448 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowOK
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
Yes
 
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowCINDY ROECKER Telephone no.right arrow (918) 583-2955

Located atright arrow1124 SOUTH LEWIS AVENUETULSAOK ZIP+4right arrow74104
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
ELIZABETH FRAME ELLISON PRESIDENT
5.00 		0 0 0
1124 SOUTH LEWIS AVENUE
TULSA,OK74104
BRIAN PASCHAL VICE PRESIDENT
30.00 		0 0 0
1124 SOUTH LEWIS AVENUE
TULSA,OK74104
LARRY FAULKNER SECRETARY
1.00 		0 0 0
1124 SOUTH LEWIS AVENUE
TULSA,OK74104
CINDY ROECKER TREASURER
25.00 		0 0 0
1124 SOUTH LEWIS AVENUE
TULSA,OK74104
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
MARINER WEALTH ADVISORS ACCOUNTING 103,629
4200 E SKELLY DR STE 950
TULSA,OK74135
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1 MOTHER ROAD MARKET WAS FORMED TO PROVIDE FOOD ENTREPRENEURS WITH THE OPPORTUNITY TO PILOT TEST THEIR LATEST CONCEPTS WITHOUT FINANCIAL INVESTMENTS OF OPENING A FULL SCALE SHOP. 1,663,888
2 KITCHEN 66 WAS FORMED TO PROVIDE FOOD ENTREPRENEURS EDUCATION, MENTORSHIP AND ACCESS TO AFFORDABLE KITCHEN SPACE AS THEY START AND SCALE THEIR BUSINESSES. 628,330
3 THE LOBECK TAYLOR OPERATING FOUNDATION IS WORKING TO CREATE A POSITIVE CULTURAL AND ECONOMIC DEVELOPMENT IMPACT ON THE 11TH STREET CORRIDOR IN THE CITY OF TULSA, OKLAHOMA THROUGH THE TULSA MARKET DISTRICT. BY STRATEGICALLY WORKING TO ADVANCE EQUITY, PRIDE OF PLACE, PHYSICAL INFRASTRUCTURE AND ECONOMIC ACTIVITY, WE WILL DECREASE BARRIERS TO BUILDING GENERATIONAL WEALTH WITHIN THE TULSA MARKET DISTRICT. 279,164
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
0
b
Average of monthly cash balances.......................
1b
0
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
0
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
0
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
0
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
0
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
0
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
 
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
 
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
 
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
 
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
 
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
 
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
2,571,384
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
2,571,384
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7 0
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 1,517,152
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023......  
f Total of lines 3a through e ........ 1,517,152
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$  
a Applied to 2023, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2024 distributable amount..... 0
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2024. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 1,517,152
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		1,517,152
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023....  
e Excess from 2024....  
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
2017-05-16
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
0 0 0 0 0
b 85% (0.85) of line 2a ......... 0 0 0 0 0
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		2,571,384 2,174,103 2,203,402 1,387,785 8,336,674
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		0 0 0 0 0
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		2,571,384 2,174,103 2,203,402 1,387,785 8,336,674
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ...... 15,579,278 17,583,557 14,653,924 12,804,127 60,620,886
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		 13,896,286 15,865,404 13,319,835 11,085,033 54,166,558
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		        0
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		        0
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		        0
(3) Largest amount of support
from an exempt organization		         0
(4) Gross investment income         0
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
PILOT TESTING
1124 S LEWIS AVE
TULSA,OK74104
(918) 583-2955
INFO@LOBECKTAYLOR.ORG
bThe form in which applications should be submitted and information and materials they should include:
CURRENTLY, THE PROGRAM IS PUBLICIZED THROUGH THE OPERATING FOUNDATION'S NEWSLETTERS (+5000 SUBSCRIBERS) AND BY SENDING THE INFORMATION TO OUR PARTNERS (36 DEGREES NORTH ENTREPRENEUR CENTER, TULSA SMALL BUSINESS NETWORK, TULSA REGIONAL CHAMBER, LOCAL UNIVERSITIES AND TRADE SCHOOLS, TECHNICAL COLLEGES), ON EARNED MEDIA (TULSA WORLD, TULSA VOICE, TULSA PEOPLE) AND SOCIAL MEDIA (FACEBOOK, INSTAGRAM AND TWITTER). WE ALSO RELY HEAVILY ON WORD OF MOUTH TO PROMOTE OUR APPLICATION PROCESS AND THE OPPORTUNITIES AVAILABLE TO BOTH ENTREPRENEURS AND CUSTOMERS.
cAny submission deadlines:
THE K66 LAUNCH PROGRAM ACCEPTS APPLICATIONS TWICE EACH YEAR UNTIL CAPACITY IS REACHED.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
FOR K66 KIOSKS, PARTICIPANTS WILL HAVE TO PAY RENT MONTHLY TO PARTICIPATE. THE RENT WILL BE REDUCED FOR THE K66 GRADUATES, BUT WILL BE GRADUALLY INCREASED TO MARKET RATE TO PREPARE THEM TO SCALE THEIR BUSINESS. FOR K66 CURRICULUM PARTICIPANTS, WE REQUIRE THAT THEY ATTEND CLASS, PARTICIPATE AND BECOME PART OF THE CULTURE AND COMMUNITY.
Form 990-PF (2024)
Form 990-PF (2024)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

OKLAHOMANS FOR EQUALITY

621 E 4TH ST
TULSA,OK74120 		PROGRAM PARTICIPANT PC GENERAL OPERATIONS 70

LEMON AID PROJECT

4825 S PEORIA SUITE 5
TULSA,OK74105 		PROGRAM PARTICIPANT PC GENERAL OPERATIONS 303
Total .................................right arrow 3a 373
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
aMISCELLANEOUS INCOME         306,363
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 7,209  
5 Net rental income or (loss) from real estate:
aDebt-financed property......     16   916,396
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 138,870  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory         299,949
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 146,079 1,522,708
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,668,787
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
1. THE LT OPERATING FOUNDATION PRIMARILY ACCOMPLISHES ITS CHARITABLE PURPOSE OF POSITIVE CULTURAL, ECONOMIC AND EDUCATIONAL IMPACT THROUGH MOTHER ROAD MARKET AND KITCHEN 66. BOTH PROGRAMS ARE ALIGNED WITH THE GOALS OF IMPROVING PRIDE OF PLACE, INCREASING ECONOMIC ACTIVITY AND EQUITY, CREATING GENERATIONAL WEALTH, AND IMPROVING PHYSICAL INFRASTRUCTURE IN THE 11TH ST CORRIDIOR OF TULSA, OKLAHOMA KNOWN AS THE TULSA MARKET DISTRICT. BELOW IS A DETAILED EXPLANATION OF HOW MOTHER ROAD MARKET AND KITCHEN 66 MEET THE OPERATIONAL TEST PER REG 1.501(C)(3)-1(C). 1. PRIMARY ACTIVITIES: MOTHER ROAD MARKET AND KITCHEN 66 WILL CONDUCT ACTIVITIES THAT SOLELY FURTHER ITS TAX-EXEMPT PURPOSE. A. MOTHER ROAD MARKET AND KITCHEN 66 OFFER THE FOLLOWING SERVICES TO THE UNDERSERVED COMMUNITY IN THE SURROUNDING AREA. I. PROGRAMS FOR FOOD ENTREPRENEURS IN NEED, OFFERING THEM WEEKLY CLASSES AND AFFORDABLE KITCHEN SPACE FOR THE ENTREPRENEURS TO LEARN IN A SAFE ENVIRONMENT. II. PROVIDING LOW RISK SPACE FOR NEW BUSINES
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

right arrow Attach to Form 990, 990-EZ, or 990-PF.
right arrow Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
Name of the organization
LT OPERATING FOUNDATION
 
Employer identification number

82-1728733
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025) Page 2
Name of organization
LT OPERATING FOUNDATION
  		Employer identification number
82-1728733
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
CITY OF TULSA
 
175 EAST 2ND ST SUITE 1590
 
TULSA, OK74103

$ 92,373


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
TULSA COMMUNITY FOUNDATION
 
7030 S YALE AVE SUITE 600
 
TULSA, OK74136

$ 51,045


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
3
AMERICAN RESCUE PLAN ACT GRANT
 
2401 N LINCOLN BLVD 2ND FLOOR
 
OKLAHOMA CITY, OK73105

$ 5,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
LT OPERATING FOUNDATION
  		Employer identification number

82-1728733
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
LT OPERATING FOUNDATION
  		Employer identification number

82-1728733
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2024 AccountingFeesSchedule
Name:
LT OPERATING FOUNDATION
EIN:
82-1728733
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 104,769 10,477 0 94,292

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2024 DepreciationSchedule
Name:
LT OPERATING FOUNDATION
EIN:
82-1728733
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
1102 S LEWIS BUILDING 2017-08-23 46,584 7,613 SL 39.000000000000 1,194 1,194 1,194  
1102- MRM PARKING LOT 2019-05-31 11,500 11,500 150DB 15.000000000000 0 0 0  
1102-FLOWER SHOP DEMO 2019-07-30 6,738 6,738 150DB 15.000000000000 0 0 0  
1102-BUILDING IMPROVEMENT 2019-11-18 50,601 50,601 150DB 15.000000000000 0 0 0  
1102-BUILDING IMPROVEMENT 2019-12-11 51,032 51,032 150DB 15.000000000000 0 0 0  
1102-BUILDING IMPROVEMENT 2019-12-26 58,191 58,191 150DB 15.000000000000 0 0 0  
M66 - POS SYSTEM 2018-11-01 37,809 37,809 200DB 5.000000000000 0 0 0  
BUILDING IMPROVEMENT 2018-11-01 6,000 789 SL 39.000000000000 154 0 154  
ARCHITECTURAL DESIGN 2018-11-01 18,006 2,368 SL 39.000000000000 462 0 462  
BULIDING SIGNS 2018-11-01 93,810 12,326 SL 39.000000000000 2,405 0 2,405  
CONSTRUCTION 2018-11-01 3,827,796 503,028 SL 39.000000000000 98,149 0 98,149  
SOLIDED DISH TABLE 2018-11-01 5,965 5,965 200DB 5.000000000000 0 0 0  
CONVECTION OVEN 2018-11-01 15,750 15,750 200DB 5.000000000000 0 0 0  
PANETARY MIXER 2018-11-01 9,818 9,818 200DB 5.000000000000 0 0 0  
WALK IN US COOLER 2018-11-01 22,194 22,194 200DB 5.000000000000 0 0 0  
WALK IN US COOLER 2018-11-01 16,017 16,017 200DB 5.000000000000 0 0 0  
DISHMACHINES 2018-11-01 6,511 6,511 200DB 5.000000000000 0 0 0  
3 SECTION SOFAS 2018-11-01 25,320 25,320 200DB 5.000000000000 0 0 0  
ESPRESSO MACHINE 2018-11-01 5,000 5,000 200DB 5.000000000000 0 0 0  
DUCTWORK & STAINLE 2018-11-01 53,716 7,057 SL 39.000000000000 1,377 0 1,377  
MRM FIXTURE AND FI 2018-11-01 162,833 21,398 SL 39.000000000000 4,175 0 4,175  
KOLD LOCKER-INDO 2018-11-01 7,273 7,273 200DB 5.000000000000 0 0 0  
FREEZER 2018-11-01 6,441 6,441 200DB 5.000000000000 0 0 0  
UNDERBAR GLASSWASH 2018-11-01 6,622 6,622 200DB 5.000000000000 0 0 0  
OPEN AIR MERCHANDI 2018-11-01 5,496 5,496 200DB 5.000000000000 0 0 0  
PRODUCE OPEN MERCH 2018-11-01 5,303 5,303 200DB 5.000000000000 0 0 0  
RECTANGULAR TABLE 2018-11-01 372 372 200DB 5.000000000000 0 0 0  
TI ALLOWANCE 2018-11-01 43,666 5,740 SL 39.000000000000 1,120 0 1,120  
PATIO ENCLOSURE 2019-09-24 39,399 39,399 150DB 15.000000000000 0 0 0  
DOWNSPOUT IMPROVEMENT 2019-12-17 11,750 11,750 150DB 15.000000000000 0 0 0  
ARCHITECTURAL DESIGN 2019-02-26 3,865 483 SL 39.000000000000 99 0 99  
ARCHITECTURAL DESIGN 2019-03-08 2,040 249 SL 39.000000000000 52 0 52  
ARCHITECTURAL DESIGN 2019-06-07 12,799 1,490 SL 39.000000000000 328 0 328  
ARCHITECTURAL DESIGN 2019-08-07 6,185 696 SL 39.000000000000 159 0 159  
ARCHITECTURAL DESIGN 2019-10-11 6,800 732 SL 39.000000000000 174 0 174  
CONSTRUCTION 2019-06-18 7,460 868 SL 39.000000000000 191 0 191  
ACCUREX EQUIPMENT 2019-02-25 35,202 35,202 200DB 5.000000000000 0 0 0  
TI ALLOWANCE 2019-01-03 6,400 5,278 SL 5.000000000000 1,122 0 0  
DEMO KITCHEN EQUIP 2019-03-04 2,285 2,285 200DB 5.000000000000 0 0 0  
TI ALLOWANCE 2019-01-18 6,400 814 SL 39.000000000000 164 0 164  
TI ALLOWANCE 2019-09-13 733 81 SL 39.000000000000 19 0 19  
M66- PATIO CHAIRS 2019-05-28 8,843 8,843 200DB 7.000000000000 0 0 0  
M66-SECURITY CAM 2019-10-31 20,217 20,217 200DB 7.000000000000 0 0 0  
K66-4 LOVE SEATS 2016-04-01 1,510 1,510 SL 7.000000000000 0 0 0  
K66-2 SOFAS 2016-05-02 1,500 1,500 SL 7.000000000000 0 0 0  
1124-BUILDING IMRPOVEMENT 2020-12-30 215,889   150DB 15.000000000000 0 0 14,393  
1124-DISH MACHINE 2020-01-06 1,275   200DB 7.000000000000 0 0 182  
1124-TENANT IMPROVEMENT 2020-12-09 3,880   150DB 15.000000000000 0 0 259  
1102-BUILDING IMPROVEMENT 2020-12-30 905,040   150DB 15.000000000000 0 60,336 60,336  
M66-CAMERA INSTALLATION 2020-01-14 10,000   200DB 7.000000000000 0 0 1,429  
M66-INDOOR AND OUTDOOR DOMES 2020-05-20 17,327   SL 7.000000000000 0 0 2,475  
M66-POS SYSTEM 2020-06-22 777   200DB 5.000000000000 0 0 155  
MRM BUILDING SIGNS 2020-07-17 40,803   150DB 20.000000000000 0 0 2,040  
1102 S LEWIS BUILDING 2020-01-01 269 28 SL 39.000000000000 7 7 7  
1102-LAND 2019-12-31 60,200   NC 0 % 0 0 0  
1124-LAND 2019-12-31 542,834   NC 0 % 0 0 0  
1102-BUILDING IMPROVEMENT 2019-12-31 50 18 150DB 15.000000000000 3 3 3  
ARCHITECTURAL DESIGN 2019-12-31 61,927 6,352 SL 39.000000000000 1,588 0 1,588  
FURNITURE AND EQUIPMENT 2019-12-31 53,715 7,812 SL 27.500000000000 1,953 0 1,953  
CONSTRUCTION 2019-12-31 11,978 1,228 SL 39.000000000000 307 0 307  
CONVECTION OVEN 2018-11-01 451 451 200DB 5.000000000000 0 0 0  
1124 -MRM SIGN 2021-10-03 2,181 1,227 200DB 7.000000000000 273 0 312  
1102-BUILDING IMPROVEMENT MURAL SUPPLIES 2021-09-20 4,859 1,120 150DB 15.000000000000 374 324 324  
1102-BUILDING IMPROVEMENT MRM MURAL 2021-11-13 4,266 983 150DB 15.000000000000 328 284 284  
1124-CURDS AND WHEY DECALS 2021-05-28 315 73 150DB 15.000000000000 24 0 21  
1124-INFO BOOTH 2021-07-01 2,300 531 150DB 15.000000000000 177 0 153  
1124-POINT OF SALE ELECTRIC WORK 2021-07-12 642 148 150DB 15.000000000000 49 0 43  
1124-OUTDOOR FREEZER 2021-08-17 36,328 8,373 150DB 15.000000000000 2,796 0 2,422  
1124-KITCHEN 66 REMODEL 2021-08-19 1,512 349 150DB 15.000000000000 116 0 101  
1124-HANING PENDANT LIGHTS 2021-09-21 163 38 150DB 15.000000000000 13 0 11  
1124-REMODEL OF FRONT COUNTER 2021-09-28 5,200 1,199 150DB 15.000000000000 400 0 347  
1124-ELECTRIC WORK 2021-10-04 1,075 248 150DB 15.000000000000 83 0 72  
1124-SIGNS DECALS 2021-11-05 365 84 150DB 15.000000000000 28 0 24  
1124-RESTAURANT EQUIPMENT & SUPPLY 2021-04-15 5,585 3,143 200DB 7.000000000000 698 0 798  
1124-EQUIPMENT STAND,GAS FLOOR FRYER, GRIDDLE, GAS, ETC 2021-08-04 13,580 7,641 200DB 7.000000000000 1,697 0 1,940  
1124-TENANT IMPROVEMENT-UNDER SHELF LIGHTS 2021-04-15 725 167 150DB 15.000000000000 56 0 48  
1124-TENANT IMPROVEMENT-SHELVING AT BAR 2021-04-15 3,460 798 150DB 15.000000000000 266 0 231  
1124-TENANT IMPROVEMENT-HEAT LAMP &SANDWICH GRILL 2021-04-15 784 181 150DB 15.000000000000 60 0 52  
1124-TENANT IMPROVEMENT-GAS LINES, SNEEZE GUARDS,COVE BASE 2021-04-22 1,250 289 150DB 15.000000000000 96 0 83  
1124-TENANT IMPROVEMENT-CURDS &WHEY 2021-04-30 1,250 289 150DB 15.000000000000 96 0 83  
1124-TENANT IMPROVEMENT-CURDS &WHEY 2021-04-30 775 179 150DB 15.000000000000 60 0 52  
1124 - ELITE SYSTEM 2021-02-25 2,228 514 150DB 15.000000000000 171 0 149  
1124-CABINETS 2021-04-26 13,160 3,033 150DB 15.000000000000 1,013 0 877  
M66 - ELITE SYSTEMS 2022-06-21 5,189   200DB 7.000000000000 0 0 741  
M66 - REGENCY WORK TABLE. AVANTCO DOUBLE OVERSHELF, REFRIGERATED SANDW 2022-02-22 5,000   200DB 7.000000000000 0 0 714  
K66 - DOUGH SHEETER 2018-07-05 2,510 1,434 200DB 7.000000000000 717 0 359  
1124 - NEON SIGN 2022-05-19 4,643   200DB 7.000000000000 0 0 663  
1124 - PLUG 2022-01-01 5,293   200DB 7.000000000000 0 0 756  
1102-BUILDING IMPROVEMENT 2023-05-18 2,980 30 150DB 15.000000000000 57 199 199  
1124 - CUSTOM DOORS 2023-11-30 14,952 150 150DB 15.000000000000 284 0 997  
1124 - BUILDING IMPROVEMENTS 2023-08-31 34,435 344 150DB 15.000000000000 654 0 2,296  
M66 - TABLES 2023-05-17 6,008 172 200DB 7.000000000000 294 0 858  
M66 - NVR SECURITY 2023-07-01 2,610 75 200DB 7.000000000000 128 0 373  
M66 - FURNITURE & FIXTURES 2023-08-01 1,796 51 200DB 7.000000000000 88 0 257  
M66 - SILENT DISCO SYSTEM 2023-08-01 3,847 110 200DB 7.000000000000 188 0 550  
M66 - MINI GOLF DESIGNS 2023-10-30 6,000 171 200DB 7.000000000000 294 0 857  
M66 - CUSHIONS 2023-12-31 4,734 135 200DB 7.000000000000 232 0 676  
M66 - POS SYSTEM 2023-02-01 4,289 172 200DB 5.000000000000 274 0 858  
K66 - SECURITY CAGES 2023-01-05 2,033 58 200DB 7.000000000000 100 0 290  
K66 - SINGLE CONVECTION OVEN 2023-03-30 4,311 43 SL 10.000000000000 86 0 431  
1102-BUILDING IMPROVEMENT 2024-12-01 12,874   150DB 15.000000000000 7,982 72 72  
1124 - FURNITURE & FIXTURES 2024-09-27 12,761   200DB 7.000000000000 8,386 0 456  
1124-BUILDING IMPROVEMENTS (AWNINGS) 2024-02-14 8,089   150DB 15.000000000000 5,015 0 494  
1124-BUILDING IMPROVEMENTS (MAGIC REFRIGERATION) 2024-04-25 931   150DB 15.000000000000 578 0 41  
1124-BUILDING IMPROVEMENTS (REMODEL) 2024-04-29 357   150DB 15.000000000000 221 0 16  
1124-BUILDING IMPROVEMENTS (REMODEL) 2024-05-05 4,155   150DB 15.000000000000 2,576 0 185  
1124-BUILDING IMPROVEMENTS (PLUMBING) 2024-09-01 2,875   150DB 15.000000000000 1,783 0 64  
M66 - F&F - STREET FACTOR MEDIA 2024-03-27 60,000   200DB 7.000000000000 39,429 0 6,429  
M66 - F&F - COUPLE OF PUTS 2024-04-01 4,000   200DB 7.000000000000 2,629 0 429  
M66 - F&F - COUPLE OF PUTS 2024-07-15 2,000   200DB 7.000000000000 1,314 0 143  
M66 - F&F - STREET FACTOR MEDIA 2024-07-15 60,000   200DB 7.000000000000 39,429 0 4,286  
M66 - F&F - AMUNDSEN KITCHEN 2024-10-10 3,393   200DB 7.000000000000 2,230 0 121  
M66 - SIGNAGE - CLAUDE NEON SIGNS 2024-02-20 11,899   SL 39.000000000000 267 0 267  
M66 - SIGNAGE - HOUCHIN ELECTRIC 2024-08-30 2,934   SL 39.000000000000 28 0 28  
M66 - SIGNAGE - CLAUDE NEON SIGNS 2024-09-01 12,197   SL 39.000000000000 91 0 91  
M66 - SIGNAGE - OUTDOOR ORCHESTRATORS 2024-09-05 461   SL 39.000000000000 3 0 3  
K66 - FRIDGE, RANGE, & WORK TABLE 2024-07-12 7,597   200DB 5.000000000000 5,166 0 760  
K66 - ADS CORNER MACHINE 2024-07-16 6,687   200DB 5.000000000000 4,547 0 557  
K66 - KITCHEN EQUIPMENT 2024-08-15 129   200DB 5.000000000000 87 0 11  
K66 - KITCHEN EQUIPMENT 2024-10-24 586   200DB 5.000000000000 399 0 20  
K66 - KITCHEN EQUIPMENT 2024-12-16 369   200DB 5.000000000000 251 0 0  
K66 - 2 GAS FRYERS 2024-10-16 3,874   200DB 7.000000000000 2,545 0 92  
K66 - WEBSTAURANTS STORE 2024-10-24 333   200DB 7.000000000000 219 0 8  

TY 2024 InvestmentsLandSchedule2
Name:
LT OPERATING FOUNDATION
EIN:
82-1728733
Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
1102 S LEWIS BUILDING 46,584 8,807 37,777  
1102- MRM PARKING LOT 11,500 11,500 0  
1102-FLOWER SHOP DEMO 6,738 6,738 0  
1102-BUILDING IMPROVEMENT 50,601 50,601 0  
1102-BUILDING IMPROVEMENT 51,032 51,032 0  
1102-BUILDING IMPROVEMENT 58,191 58,191 0  
1102-BUILDING IMPROVEMENT 905,040 905,040 0  
1102 S LEWIS BUILDING 269 35 234  
1102-LAND 60,200 0 60,200  
1124-LAND 542,834 0 542,834  
1102-BUILDING IMPROVEMENT 50 21 29  
1102-BUILDING IMPROVEMENT MURAL SUPPLIES 4,859 1,494 3,365  
1102-BUILDING IMPROVEMENT MRM MURAL 4,266 1,311 2,955  
1102-BUILDING IMPROVEMENT 2,980 2,471 509  
1102-BUILDING IMPROVEMENT 12,874 7,982 4,892  

TY 2024 LandEtcSchedule2
Name:
LT OPERATING FOUNDATION
EIN:
82-1728733
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
M66 - POS SYSTEM 37,809 37,809 0  
BUILDING IMPROVEMENT 6,000 943 5,057  
ARCHITECTURAL DESIGN 18,006 2,830 15,176  
BULIDING SIGNS 93,810 14,731 79,079  
CONSTRUCTION 3,827,796 601,177 3,226,619  
SOLIDED DISH TABLE 5,965 5,965 0  
CONVECTION OVEN 15,750 15,750 0  
PANETARY MIXER 9,818 9,818 0  
WALK IN US COOLER 22,194 22,194 0  
WALK IN US COOLER 16,017 16,017 0  
DISHMACHINES 6,511 6,511 0  
3 SECTION SOFAS 25,320 25,320 0  
ESPRESSO MACHINE 5,000 5,000 0  
DUCTWORK & STAINLE 53,716 8,434 45,282  
MRM FIXTURE AND FI 162,833 25,573 137,260  
KOLD LOCKER-INDO 7,273 7,273 0  
FREEZER 6,441 6,441 0  
UNDERBAR GLASSWASH 6,622 6,622 0  
OPEN AIR MERCHANDI 5,496 5,496 0  
PRODUCE OPEN MERCH 5,303 5,303 0  
RECTANGULAR TABLE 372 372 0  
TI ALLOWANCE 43,666 6,860 36,806  
PATIO ENCLOSURE 39,399 39,399 0  
DOWNSPOUT IMPROVEMENT 11,750 11,750 0  
ARCHITECTURAL DESIGN 3,865 582 3,283  
ARCHITECTURAL DESIGN 2,040 301 1,739  
ARCHITECTURAL DESIGN 12,799 1,818 10,981  
ARCHITECTURAL DESIGN 6,185 855 5,330  
ARCHITECTURAL DESIGN 6,800 906 5,894  
CONSTRUCTION 7,460 1,059 6,401  
ACCUREX EQUIPMENT 35,202 35,202 0  
TI ALLOWANCE 6,400 6,400 0  
DEMO KITCHEN EQUIP 2,285 2,285 0  
TI ALLOWANCE 6,400 978 5,422  
TI ALLOWANCE 733 100 633  
M66- PATIO CHAIRS 8,843 8,843 0  
M66-SECURITY CAM 20,217 20,217 0  
K66-4 LOVE SEATS 1,510 1,510 0  
K66-2 SOFAS 1,500 1,500 0  
1124-BUILDING IMRPOVEMENT 215,889 215,889 0  
1124-DISH MACHINE 1,275 1,275 0  
1124-TENANT IMPROVEMENT 3,880 3,880 0  
M66-CAMERA INSTALLATION 10,000 10,000 0  
M66-INDOOR AND OUTDOOR DOMES 17,327 17,327 0  
M66-POS SYSTEM 777 777 0  
MRM BUILDING SIGNS 40,803 40,803 0  
ARCHITECTURAL DESIGN 61,927 7,940 53,987  
FURNITURE AND EQUIPMENT 53,715 9,765 43,950  
CONSTRUCTION 11,978 1,535 10,443  
CONVECTION OVEN 451 451 0  
1124 -MRM SIGN 2,181 1,500 681  
1124-CURDS AND WHEY DECALS 315 97 218  
1124-INFO BOOTH 2,300 708 1,592  
1124-POINT OF SALE ELECTRIC WORK 642 197 445  
1124-OUTDOOR FREEZER 36,328 11,169 25,159  
1124-KITCHEN 66 REMODEL 1,512 465 1,047  
1124-HANING PENDANT LIGHTS 163 51 112  
1124-REMODEL OF FRONT COUNTER 5,200 1,599 3,601  
1124-ELECTRIC WORK 1,075 331 744  
1124-SIGNS DECALS 365 112 253  
1124-RESTAURANT EQUIPMENT & SUPPLY 5,585 3,841 1,744  
1124-EQUIPMENT STAND,GAS FLOOR FRYER, GRIDDLE, GAS, ETC 13,580 9,338 4,242  
1124-TENANT IMPROVEMENT-UNDER SHELF LIGHTS 725 223 502  
1124-TENANT IMPROVEMENT-SHELVING AT BAR 3,460 1,064 2,396  
1124-TENANT IMPROVEMENT-HEAT LAMP &SANDWICH GRILL 784 241 543  
1124-TENANT IMPROVEMENT-GAS LINES, SNEEZE GUARDS,COVE BASE 1,250 385 865  
1124-TENANT IMPROVEMENT-CURDS &WHEY 1,250 385 865  
1124-TENANT IMPROVEMENT-CURDS &WHEY 775 239 536  
1124 - ELITE SYSTEM 2,228 685 1,543  
1124-CABINETS 13,160 4,046 9,114  
M66 - ELITE SYSTEMS 5,189 5,189 0  
M66 - REGENCY WORK TABLE. AVANTCO DOUBLE OVERSHELF, REFRIGERATED SANDW 5,000 5,000 0  
K66 - DOUGH SHEETER 2,510 2,151 359  
1124 - NEON SIGN 4,643 4,643 0  
1124 - PLUG 5,293 5,293 0  
1124 - CUSTOM DOORS 14,952 12,396 2,556  
1124 - BUILDING IMPROVEMENTS 34,435 28,546 5,889  
M66 - TABLES 6,008 5,272 736  
M66 - NVR SECURITY 2,610 2,291 319  
M66 - FURNITURE & FIXTURES 1,796 1,576 220  
M66 - SILENT DISCO SYSTEM 3,847 3,376 471  
M66 - MINI GOLF DESIGNS 6,000 5,265 735  
M66 - CUSHIONS 4,734 4,154 580  
M66 - POS SYSTEM 4,289 3,877 412  
K66 - SECURITY CAGES 2,033 1,784 249  
K66 - SINGLE CONVECTION OVEN 4,311 3,578 733  
1124 - FURNITURE & FIXTURES 12,761 8,386 4,375  
1124-BUILDING IMPROVEMENTS (AWNINGS) 8,089 5,015 3,074  
1124-BUILDING IMPROVEMENTS (MAGIC REFRIGERATION) 931 578 353  
1124-BUILDING IMPROVEMENTS (REMODEL) 357 221 136  
1124-BUILDING IMPROVEMENTS (REMODEL) 4,155 2,576 1,579  
1124-BUILDING IMPROVEMENTS (PLUMBING) 2,875 1,783 1,092  
M66 - F&F - STREET FACTOR MEDIA 60,000 39,429 20,571  
M66 - F&F - COUPLE OF PUTS 4,000 2,629 1,371  
M66 - F&F - COUPLE OF PUTS 2,000 1,314 686  
M66 - F&F - STREET FACTOR MEDIA 60,000 39,429 20,571  
M66 - F&F - AMUNDSEN KITCHEN 3,393 2,230 1,163  
M66 - SIGNAGE - CLAUDE NEON SIGNS 11,899 267 11,632  
M66 - SIGNAGE - HOUCHIN ELECTRIC 2,934 28 2,906  
M66 - SIGNAGE - CLAUDE NEON SIGNS 12,197 91 12,106  
M66 - SIGNAGE - OUTDOOR ORCHESTRATORS 461 3 458  
K66 - FRIDGE, RANGE, & WORK TABLE 7,597 5,166 2,431  
K66 - ADS CORNER MACHINE 6,687 4,547 2,140  
K66 - KITCHEN EQUIPMENT 129 87 42  
K66 - KITCHEN EQUIPMENT 586 399 187  
K66 - KITCHEN EQUIPMENT 369 251 118  
K66 - 2 GAS FRYERS 3,874 2,545 1,329  
K66 - WEBSTAURANTS STORE 333 219 114  


TY 2024 LegalFeesSchedule
Name:
LT OPERATING FOUNDATION
EIN:
82-1728733
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 23,998 0 0 23,998


TY 2024 OtherAssetsSchedule
Name:
LT OPERATING FOUNDATION
EIN:
82-1728733
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
SECURITY DEPOSIT 14,949 14,949 14,949
CHARLES SCHWAB INVESTMENT 863,861 0 0
NOTES RECEIVABLE-CITY OF TULSA 7,138,150 4,781,812 4,781,812
PREPAID EXPENSES 6,398 6,398 6,398
OTHER ASSETS 2,009 1,268 1,268


TY 2024 OtherDecreasesSchedule
Name:
LT OPERATING FOUNDATION
EIN:
82-1728733
Description Amount
PRIOR PERIOD ADJUSTMENT 3,409


TY 2024 OtherExpensesSchedule
Name:
LT OPERATING FOUNDATION
EIN:
82-1728733
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OFFICE EXPENSE 1,136 0 0 1,136
INSURANCE 4,629 0 0 4,629
ADVERTISING 145,172 0 0 145,172
LICENSE/PERMIT 2,684 0 0 2,684
UTILITIES 250,754 0 0 250,754
BACKGROUND CHECKS 1,066 0 0 1,066
BANK CHARGES 1,158 0 0 1,158
TELEPHONE EXPENSES 14,411 0 0 14,411
SECURITY 9,186 0 0 9,186
DIRECT OPERATING EXPENSE 13,551 0 0 13,551
EQUIPMENT RENTAL 4,430 0 0 4,430
JANITOR EXPENSE 111,129 0 0 111,129
MISC EXPENSE -1,076 0 0 -1,076
MEALS AND ENTERTAINMENT 2,612 0 0 2,612
POINT OF SALE 7,490 0 0 7,490
REPAIRS & MAINTENANCE 80,464 0 0 80,464
PEST CONTROL 2,825 0 0 2,825
SUBSCRIPTION 7,620 0 0 7,620
SUPPLIES 64,366 0 0 64,366
CREDIT CARD FEES 49,212 0 0 49,212
LANDSCAPING 13,550 0 0 13,550
RENT 72,729 0 0 72,729
VENT & GREASE TRAP CLEANING 3,730 0 0 3,730
BAD DEBT 496 0 0 496
STRATEGIC 9,496 0 0 9,496
DISCOUNT EXPENSE 129 0 0 129
DIRECT PROGRAM ACTIVITIES 11,531 0 0 11,531
FOOD SPOILAGE 6,303 0 0 6,303
EVENT EXPENSES 42,885 0 0 42,885
POSTAGE 33 0 0 33


TY 2024 OtherIncomeSchedule2
Name:
LT OPERATING FOUNDATION
EIN:
82-1728733
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
MISCELLANEOUS INCOME 306,363   306,363


TY 2024 OtherLiabilitiesSchedule
Name:
LT OPERATING FOUNDATION
EIN:
82-1728733
Description Beginning of Year - Book Value End of Year - Book Value
NOTES PAYABLE-LTFF 7,275,619 5,464,604


TY 2024 OtherProfessionalFeesSchedule
Name:
LT OPERATING FOUNDATION
EIN:
82-1728733
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PROFESSIONAL FEES 40,587 0 0 40,587


TY 2024 TaxesSchedule
Name:
LT OPERATING FOUNDATION
EIN:
82-1728733
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INCOME TAXES 10,358 0 0 10,358
PROPERTY TAXES 101,271 0 0 101,271
PAYROLL TAX 352,729 0 0 352,729
FOREIGN TAX 79 79 0 0