Totals
- Total revenue
- $4,504,409
- Total expenses
- $3,316,360
- Contributions and grants received
- $4,430,020
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $74,389
- Other revenue
- $0
- Total assets, end of year
- $4,627,847
- Total liabilities, end of year
- $25,981
- Net assets or fund balances, end of year
- $4,601,866
- Program services expenses (Part IX)
- $2,638,966
- Management and general expenses
- $239,650
- Fundraising expenses
- $437,744
- Program service expenses (Part III)
- $2,638,966
Program services were 79.6% 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.
-
1d · Related organizations
$442,696
-
1f · All other contributions, gifts and grants
$3,987,324
-
1g · Noncash contributions included above
$45,258
-
3 · Investment income
total $74,389 · unrelated business $74,389
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $155,715 · fundraising $155,715
-
8 · Pension plan contributions
total $6,229 · fundraising $6,229
-
10 · Payroll taxes
total $11,912 · fundraising $11,912
-
11a · Fees: management
total $180,598 · management and general $180,598
-
11b · Fees: legal
total $13,572 · management and general $13,572
-
11c · Fees: accounting
total $7,522 · management and general $7,522
-
11g · Fees: other
total $2,638,966 · program services $2,638,966
-
12 · Advertising and promotion
total $252,759 · fundraising $252,759
-
13 · Office expenses
total $13,891 · management and general $13,891
-
17 · Travel
total $11,089 · management and general $11,089
-
22 · Depreciation, depletion and amortization
total $3,449 · management and general $3,449
-
23 · Insurance
total $7,975 · management and general $7,975
-
24a · Other expenses: EVENT EXPENSES
total $6,931 · fundraising $6,931
-
24b · Other expenses: MEALS
total $2,029 · fundraising $2,029
-
24c · Other expenses: RETIREMENT PLAN MANAGEM
total $1,554 · management and general $1,554
-
24d · Other expenses: TELEPHONE
total $1,100 · fundraising $1,100
-
24e · All other expenses
total $1,069 · fundraising $1,069
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,731,692 · end of year $2,847,350
-
2 · Savings and temporary cash investments
beginning of year $1,682,328 · end of year $1,754,347
-
9 · Prepaid expenses and deferred charges
end of year $25,000
-
10a · Land, buildings and equipment: cost or other basis
$10,346
-
10b · Land, buildings and equipment: accumulated depreciation
$9,196
-
10c · Land, buildings and equipment, net
beginning of year $4,598 · end of year $1,150
-
17 · Accounts payable and accrued expenses
end of year $20,800
-
25 · Other liabilities
beginning of year $4,801 · end of year $5,181
-
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 $3,413,817 · end of year $4,601,866
Mission and programs · 2023
Mission
THE SC FOUNDATION IS OPERATED SOLELY BY AND FOR THE BENEFIT OF THE CITY OF TUSCALOOSA, ALABAMA, AND ITS LAWFUL AND STATUTORY GOVERNMENTAL AUTHORITY FOR ITS ENDEAVORS TO PROVIDE EDUCATIONAL, SCIENTIFIC AND LITERARY SERVICES AND FACILITIES TO ITS CITIZENS THROUGH DEVELOPMENT, RENOVATION, MODIFICATION AND IMPROVEMENT OF A DISCOVERY LEARNING CENTER IN TUSCALOOSA, ALABAMA.
Activities or mission (Part I)
TO PROVIDE EDUCATIONAL, SCIENTIFIC AND LITERARY SERVICES AND FACILITIES TO THE CITIZENS OF TUSCALOOSA, ALABAMA THROUGH DEVELOPMENT, RENOVATION, MODIFICATION AND IMPROVEMENT OF A DISCOVERY LEARNING CENTER.
-
FUND RAISING ACTIVITIES DEVOTED TO THE DEVELOPMENT OF THE DISCOVERY LEARNING CENTER IN TUSCALOOSA, AL.
Expenses $2,638,966 · Revenue $4,430,020
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Walter MaddoxWALTER MADDOX
PRESIDENT
- Total calculated
- $174,933
- From this org
- $0
- From related orgs
- $174,933
- Other
- $0
- Hours/week
- 1
Schedule J breakdown matched by us
- Base
- $0 + $174,933 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $0 + $174,933 related
-
Carly StandridgeCARLY STANDRIDGE
SECRETARY/TREASURER/EX-OFF
- Total calculated
- $154,310
- From this org
- $0
- From related orgs
- $154,310
- Other
- $0
- Hours/week
- 1
Schedule J breakdown matched by us
- Base
- $0 + $147,458 related
- Bonus
- $0
- Other
- $0 + $6,852 related
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $0 + $154,310 related
-
Audrey BuckAUDREY BUCK
DIRECTOR
- Total calculated
- $144,138
- From this org
- $0
- From related orgs
- $144,138
- Other
- $0
- Hours/week
- 1
-
Scott HolmesSCOTT HOLMES
EX-OFFICIO DIRECTOR
- Total calculated
- $167,867
- From this org
- $0
- From related orgs
- $167,867
- Other
- $0
- Hours/week
- 1
Schedule J breakdown matched by us
- Base
- $0 + $162,383 related
- Bonus
- $0
- Other
- $0 + $5,484 related
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $0 + $167,867 related
-
Katie KingKATIE KING
VICE PRESIDENT/DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 1a · Discretionary spending account
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Written employment contract
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
CITY OF TUSCALOOSA
AL
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 11 August 2025
- IRS schema version
- 2023v6.0
- Source object
- 202512259349301906
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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