Totals
- Total revenue
- $1,090,898
- Total expenses
- $48,715
- Contributions and grants received
- $1,047,707
- Grants paid
- $7,500
- Program service revenue
- $0
- Investment income
- $43,191
- Other revenue
- $0
- Total assets, end of year
- $1,309,544
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $1,309,544
- Program services expenses (Part IX)
- $33,993
- Management and general expenses
- $14,722
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $33,993
Program services were 69.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$1,047,707
-
3 · Investment income
total $33,784 · excluded $33,784
-
7a · Gross sales of assets other than inventory
securities $183,770
-
7b · Less cost or other basis and sales expenses
securities $174,363
-
7c · Gain or loss
securities $9,407
-
7d · Net gain or loss
total $9,407 · excluded $9,407
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $7,500 · program services $7,500
-
11c · Fees: accounting
total $150 · management and general $150
-
11f · Fees: investment management
total $14,171 · management and general $14,171
-
12 · Advertising and promotion
total $1,972 · program services $1,972
-
24a · Other expenses: Awards to students
total $22,500 · program services $22,500
-
24b · Other expenses: Printing programs-flyer
total $1,900 · program services $1,900
-
24c · Other expenses: Licenses & fees
total $401 · management and general $401
-
24d · Other expenses: Break/lunch for Student
total $121 · program services $121
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $4,745 · end of year $24,498
-
12 · Investments: other securities
beginning of year $226,877 · end of year $1,285,046
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $231,622 · end of year $1,309,544
Mission and programs · 2024
Mission
The Foundation's sole mission is to raise sustainable funding for Academic Masters and to provide support in ensuring the Competition's future. Encourage educational excellence and achievement.
-
The Competition features separate contests in English, Social Studies, Mathematics, Science, and Music. Each high school is represented by their top student in each field. The four continuing schools therefore each send five students (one per subject) to the final public event. Students compete in first a written exam at Rogue Community College and then in an oral performance before an audience. Finalists compete not only for the honor of winning but for cash prizes contributed by the community.
Expenses $33,993
-
Support to local schools for participating in the program.
Grants $7,500
As filed on the 2024 return.
Listed in Part VII
-
Cynthia Harelson
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Damian Crowson
Board Member
- Total calculated
- $0
- Hours/week
- 0.25
-
Dave Matheny
President
- Total calculated
- $0
- Hours/week
- 1
-
Greg Patch
Board Member
- Total calculated
- $0
- Hours/week
- 0.25
-
Heidi Morris
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Lise VanBrunt
Vice-President
- Total calculated
- $0
- Hours/week
- 1
-
Martin Zottola
Board Member
- Total calculated
- $0
- Hours/week
- 0.25
-
Megan Brown
Board Member
- Total calculated
- $0
- Hours/week
- 0.25
-
Michele Napier
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Michael Durrant
Board Member
- Total calculated
- $0
- Hours/week
- 0.25
-
Pam McNulty
Board Member
- Total calculated
- $0
- Hours/week
- 0.25
-
Matt Knight
Board Member
- Total calculated
- $0
- Hours/week
- 0.25
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 12 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202543179349306029
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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