Form 990 for tax year 2025
Filed by FSIC AMERICAN INNOVATION AND OPPORTUNITY FUND.
Totals
- Total revenue
- $75,412
- Total expenses
- $197,111
- Contributions and grants received
- $75,412
- Grants paid
- $3,000
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $69,708
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $69,708
- Program services expenses (Part IX)
- $48,650
- Management and general expenses
- $148,461
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $48,650
Program services were 24.7% 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
$75,412
-
8c · Net income from fundraising events
total $0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $3,000 · program services $3,000
-
5 · Compensation of officers, directors and key employees
total $148,461 · management and general $148,461
-
11a · Fees: management
total $39,212 · program services $39,212
-
13 · Office expenses
total $345 · program services $345
-
14 · Information technology
total $4,411 · program services $4,411
-
16 · Occupancy
total $120 · program services $120
-
17 · Travel
total $1,554 · program services $1,554
-
24a · Other expenses: Bank Fees
total $8 · program services $8
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $191,407 · end of year $3,467
-
4 · Accounts receivable
end of year $66,241
-
27 · Net assets without donor restrictions
beginning of year $191,407 · end of year $69,708
Mission and programs · 2025
Mission
Inspiring the country through economic empowerment where all communitiesparticipate in the modern economy creating a better quality of life for allAmericans.
-
Inspiring the country through economic empowerment where all communities participate in the modern economy creating a better quality of life for all Americans.
Expenses $48,650 · Revenue $75,413
As filed on the 2025 return.
Listed in Part VII
-
Steve Lenkart
Member
- Total calculated
- $0
- Hours/week
- 0
-
Brady Buckner
President
- Total calculated
- $0
- Hours/week
- 8
-
Kevin Kimble
Vice President
- Total calculated
- $0
- Hours/week
- 8
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
- 2025
- Filed
- 20 July 2026
- IRS schema version
- 2025v4.2
- Source object
- 202622009349300302
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