Skip to content
Nonprofiteer
← AMERICAN COMMUNITY SCHOOL FOUNDATION INC

Form 990 for tax year 2023

Filed by AMERICAN COMMUNITY SCHOOL FOUNDATION INC.

Totals

Total revenue
$7,097,212
Total expenses
$7,264,299
Contributions and grants received
$1,596,569
Grants paid
$1,485,000
Program service revenue
$5,436,399
Investment income
$64,244
Other revenue
$0
Total assets, end of year
$1,493,179
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$1,493,179
Program services expenses (Part IX)
$7,237,711
Management and general expenses
$26,588
Fundraising expenses
$0
Program service expenses (Part III)
$7,237,711

Program services were 99.6% 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.

  • 1f · All other contributions, gifts and grants

    $1,596,569

  • 2a · Program service revenue: Mgmt Fee-Educational Support Services

    total $5,436,399 · related or exempt $5,436,399

  • 3 · Investment income

    total $64,244 · excluded $64,244

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $1,485,000 · program services $1,485,000

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $220,000 · program services $220,000

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $4,784,464 · program services $4,784,464

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $421,570 · program services $421,570

  • 10 · Payroll taxes

    total $306,806 · program services $306,806

  • 11a · Fees: management

    total $18,714 · management and general $18,714

  • 11b · Fees: legal

    total $2,241 · management and general $2,241

  • 11c · Fees: accounting

    total $1,350 · management and general $1,350

  • 11d · Fees: lobbying

    total $0

  • 11f · Fees: investment management

    total $51 · management and general $51

  • 11g · Fees: other

    total $0

  • 12 · Advertising and promotion

    total $0

  • 13 · Office expenses

    total $1,540 · program services $1,540

  • 14 · Information technology

    total $0

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $0

  • 17 · Travel

    total $0

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $0

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $0

  • 23 · Insurance

    total $17,352 · program services $13,120 · management and general $4,232

  • 24a · Other expenses: Credit Card Fees/Bank Fees/Payroll Processing Fee

    total $5,211 · program services $5,211

  • 24e · All other expenses

    total $0

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $1,653,494 · end of year $1,486,202

  • 9 · Prepaid expenses and deferred charges

    beginning of year $6,772 · end of year $6,977

  • 27 · Net assets without donor restrictions

    beginning of year $1,660,266 · end of year $1,493,179

Mission and programs · 2023

Mission

THE PRIMARY PURPOSE OF THE ORGANIZATION IS TO PROVIDE FINANCIAL AND OTHER ASSISTANCE TO EDUCATIONAL INSTITUTIONS IN THE UNITED STATES AND ABROAD.

Activities or mission (Part I)

PROVIDE FINANCIAL AND OTHER ASSISTANCE TO EDUCATIONAL INSTITUTIONS IN THE UNITED STATES AND ABROAD.

  • PROVIDE STAFF AND OTHER FINANCIAL ASSISTANCE FOR THE FURTHERANCE OF EDUCATION AT THE AMERICAN COMMUNITY SCHOOL IN AMMAN, JORDAN APPROXIMATELY 800 STUDENTS SERVED, GRADES K-12

    Expenses $7,237,711 · Grants $1,485,000 · Revenue $5,436,399

As filed on the 2023 return.

Listed in Part VII

  • Larry McIlvain

    VICE PRESIDENT

    Total calculated
    $193,811
    From this org
    $193,811
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $193,811
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $193,811

  • Jeffrey Wilusz

    Teacher

    Total calculated
    $139,096
    From this org
    $139,096
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Molly Nielsen

    Teacher

    Total calculated
    $128,075
    From this org
    $128,075
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Christopher McBride

    Teacher

    Total calculated
    $115,144
    From this org
    $115,144
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Tonya Parham

    Teacher

    Total calculated
    $113,620
    From this org
    $113,620
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Derek Swanson

    Teacher

    Total calculated
    $103,475
    From this org
    $103,475
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Joelle Basnight

    Vice President

    Total calculated
    $91,667
    From this org
    $91,667
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • ChrisTorres

    PRESIDENT

    Total calculated
    $0
    Hours/week
    5

  • Deirdre A Simon

    TREASURER

    Total calculated
    $0
    Hours/week
    5

  • Elizabeth Duffy

    SECRETARY

    Total calculated
    $0
    Hours/week
    5

  • Bethany Haberer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

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

  • 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.

Provenance

Return type
form_990
Tax year
2023
Filed
5 November 2024
IRS schema version
2023v5.1
Source object
202413109349300036

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.