Totals
- Total revenue
- $630,960
- Total expenses
- $511,985
- Contributions and grants received
- $596,290
- Grants paid
- $78,065
- Program service revenue
- $0
- Investment income
- $50,725
- Other revenue
- -$16,055
- Total assets, end of year
- $1,080,148
- Total liabilities, end of year
- $3,301
- Net assets or fund balances, end of year
- $1,076,847
- Program services expenses (Part IX)
- $408,311
- Management and general expenses
- $64,699
- Fundraising expenses
- $38,975
- Program service expenses (Part III)
- $408,311
Program services were 79.8% 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.
-
1a · Federated campaigns
$0
-
1b · Membership dues
$0
-
1c · Fundraising events
$51,490
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$85,000
-
1f · All other contributions, gifts and grants
$459,800
-
1g · Noncash contributions included above
$0
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $30,526 · excluded $30,526
-
6c · Rental income or loss
real property $0 · personal property $0
-
7a · Gross sales of assets other than inventory
securities $74,527
-
7b · Less cost or other basis and sales expenses
securities $54,328
-
7c · Gain or loss
securities $20,199 · other assets $0
-
7d · Net gain or loss
total $20,199 · excluded $20,199
-
8a · Fundraising events: gross income
$12,873
-
8a · Fundraising events: contributions included on line 1c
$51,490
-
8b · Fundraising events: direct expenses
$28,928
-
8c · Net income from fundraising events
total -$16,055 · excluded -$16,055
-
11d · All other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $78,065 · program services $78,065
-
2 · Grants to domestic individuals
total $0 · program services $0
-
3 · Grants to foreign organizations and individuals
total $0 · program services $0
-
4 · Benefits paid to or for members
total $0 · program services $0
-
5 · Compensation of officers, directors and key employees
total $70,350 · program services $28,140 · management and general $22,512 · fundraising $19,698
-
6 · Compensation of disqualified persons
total $0 · program services $0
-
7 · Other salaries and wages
total $39,082 · program services $15,633 · management and general $12,506 · fundraising $10,943
-
8 · Pension plan contributions
total $0 · program services $0
-
9 · Other employee benefits
total $0 · program services $0
-
10 · Payroll taxes
total $8,372 · program services $3,349 · management and general $2,679 · fundraising $2,344
-
11a · Fees: management
total $0 · program services $0
-
11b · Fees: legal
total $0 · program services $0
-
11c · Fees: accounting
total $16,312 · management and general $16,312
-
11d · Fees: lobbying
total $0 · program services $0
-
11f · Fees: investment management
total $3,079 · program services $0 · management and general $3,079
-
11g · Fees: other
total $1,650 · program services $1,650 · management and general $0 · fundraising $0
-
12 · Advertising and promotion
total $0 · program services $0
-
13 · Office expenses
total $7,934 · program services $2,868 · management and general $3,059 · fundraising $2,007
-
14 · Information technology
total $8,254 · program services $3,302 · management and general $2,641 · fundraising $2,311
-
15 · Royalties
total $0 · program services $0
-
16 · Occupancy
total $4,100 · program services $1,640 · management and general $1,312 · fundraising $1,148
-
17 · Travel
total $0 · program services $0
-
18 · Travel or entertainment for public officials
total $0 · program services $0
-
19 · Conferences, conventions and meetings
total $619 · program services $619
-
20 · Interest
total $0 · program services $0
-
21 · Payments to affiliates
total $0 · program services $0
-
22 · Depreciation, depletion and amortization
total $0 · program services $0
-
23 · Insurance
total $1,871 · program services $748 · management and general $599 · fundraising $524
-
24a · Other expenses: NBCT Training Program
total $108,575 · program services $108,575
-
24b · Other expenses: Alabama State Department of Education
total $99,002 · program services $99,002
-
24c · Other expenses: EARLY LITERACY Program
total $49,773 · program services $49,773
-
24d · Other expenses: Elevate Our Educators Program
total $8,313 · program services $8,313
-
24e · All other expenses
total $6,634 · program services $6,634 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $294,155 · end of year $0
-
2 · Savings and temporary cash investments
beginning of year $189,164 · end of year $593,110
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$3,618
-
10b · Land, buildings and equipment: accumulated depreciation
$3,618
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
11 · Investments: publicly traded securities
beginning of year $38,988 · end of year $39,712
-
12 · Investments: other securities
beginning of year $412,007 · end of year $447,326
-
13 · Investments: program-related
beginning of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $0 · end of year $0
-
17 · Accounts payable and accrued expenses
end of year $0
-
18 · Grants payable
end of year $0
-
19 · Deferred revenue
end of year $0
-
20 · Tax-exempt bond liabilities
end of year $0
-
21 · Escrow or custodial account liability
end of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
end of year $0
-
24 · Unsecured notes and loans payable
end of year $0
-
25 · Other liabilities
beginning of year $2,887 · end of year $3,301
-
27 · Net assets without donor restrictions
beginning of year $781,328 · end of year $895,616
-
28 · Net assets with donor restrictions
beginning of year $150,099 · end of year $181,231
-
29 · Capital stock, trust principal or current funds
end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
end of year $0
-
31 · Retained earnings, endowment or other funds
end of year $0
Mission and programs · 2024
Mission
The Foundation serves as an education advocate and provides a central voice for strategic engagement on issues relating to education which impact our schools. We interact with local and state leaders and education stakeholders, while serving as a vehicle for individuals and businesses to support public education in Madison County.
Activities or mission (Part I)
TO CREATE HIGHER EXPECTATIONS AND WIDESPREAD COMMUNITY SUPPORT FOR THE SCHOOLS IN MADISON COUNTY, LEADING TO WORLD-CLASS PERFORMANCE OF PRINCIPALS, TEACHERS, AND STUDENTS.
-
Provide support for initiatives that promote high expectations for professional leadership and financial Support for educational needs across districts with focus on cross-district collaboration. Suport includes the Elevate Our Educators Program and support of other educational programs.
Expenses $171,898
-
NBCT - RAISE YOUR HAND IS A BOLD INITIATIVE TO HAVE THE NATION'S HIGHEST CONCENTRATION OF NATIONAL BOARD CERTIFIED TEACHERS, OR NBCTS, IN OUR HUNTSVILLE CITY, MADISON CITY, AND MADISON COUNTY SCHOOL SYSTEMS. NATIONAL BOARD CERTIFICATION IS THE MOST RESPECTED PROFESSIONAL CERTIFICATION AVAILABLE IN K-12 EDUCATION. THE INITIATIVE IS A PARTNERSHIP OF THE CREATIVE CITIES FUND, THE PHILANTHROPIC ARM OF THE HUNTSVILLE COMMITTEE OF 100, AND THE SCHOOLS FOUNDATION. THE $1 MILLION GOAL WILL FUND 500 NEW NBCTS IN FIVE YEARS ACROSS THE THREE SCHOOL SYSTEMS IN MADISON COUNTY.
Expenses $108,575
-
Early Literacy Program - The program provides teachers with high-quality reading instruction training to enable children to become confident and skilled readers.
Expenses $49,773
-
Madison County School System's GEMS: This is a gifted education program for students in Madison County schools that allows them to explore subjects and concepts in-depth and work on "out of the box" ideas
Expenses $40,000 · Grants $40,000
-
PATRONS AND PLAYERS FUND EXISTS TO SUPPORT THE EXTRACURRICULAR ENDEAVORS OF ELIGIBLE STUDENTS THROUGH FINANCIAL DONATIONS FROM INDIVIDUALS, SPONSORS, AND FAMILIES. WE BELIEVE THAT NO STUDENT SHOULD BE LEFT ON THE SIDELINES BASED ON FIANCIAL NEED. THE PROGRAM SUPPORTS ACTIVITIES TO INCLUDE BUT ARE NOT LIMITED TO SCHOOL, CLUB, AND CITY LEAGUE SPORTS AS WELL AS MUSIC, DRAMA AND ART EXTRACURRICULARS.
Expenses $38,065 · Grants $38,065
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Drew Hartt YarbroughDREW HARTT YARBROUGH
SECRETARY
- Total calculated
- $0
- Hours/week
- 4
-
Mary Beth WilsonMARY BETH WILSON
PRESIDENT
- Total calculated
- $0
- Hours/week
- 4
-
Paige NixPAIGE NIX
TREASURER
- Total calculated
- $0
- Hours/week
- 4
-
Taron ThorpeTARON THORPE
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 4
-
Amber MontgomeryAMBER MONTGOMERY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ana Santos-Diaz
Director
- Total calculated
- $0
- Hours/week
- 1
-
Debra WestDEBRA WEST
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Erin CobbERIN COBB
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Laura BarnardLAURA BARNARD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Libby ParkerLIBBY PARKER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lori LightLORI LIGHT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mark DebroMARK DEBRO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Melanie ForbesMELANIE FORBES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Pat GarnerPAT GARNER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sarah FanningSARAH FANNING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Shannon NeblettSHANNON NEBLETT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sydney MartinSYDNEY MARTIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tammy SummervilleTAMMY SUMMERVILLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jeanne GreerJEANNE GREER
EXECUTIVE DIRECTOR
- Total calculated
- $70,350
- From this org
- $70,350
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
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
-
Madison County Schools
$40,000
The $40,000 grant will be used to expand and strengthen STEM learning opportunities for middle school students across Huntsville City and Madison City Schools. Funding will provide hands-on equipment, instructional resources, and program support designed to build a strong foundation in science, technology, engineering, and math as students transition to high school.
-
Huntsvsille City Schools
$36,165
To support extracurricular endeavors of eligible students through financial donations from individuals, sponsors and families. The program supports activities to include but are not limited to school, club and city league sports as well as music, drama and art extracurriculars
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 17 November 2025
- IRS schema version
- 2024v5.1
- Source object
- 202503219349308225
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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