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ACHIEVEMENT FOUNDATION INC

EIN 13-6130107 DEWITT, IA

Revenue 2024
$695,388
Expenses 2024
$296,711

Program services were 75.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
Classification
2000
Street
1324K SPRINGBROOK LN

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

Mission

THE ACHIEVEMENT FOUNDATION, BY USING ITS FINANCIAL RESOURCES, DEDICATES ITSELF TO DEVELOPING A BETTER UNDERSTANDING OF THE FREE ENTERPRISE SYSTEM BY YOUNG PEOPLE. THE ACHIEVEMENT FOUNDATION MAKES GRANTS TO JUNIOR ACHIEVEMENT USA, ITS AFFILIATES, AND BENEFICIARIES IN SUPPORT OF THE FOUNDATION'S MISSION; MAKES LOANS TO JUNIOR ACHIEVEMENT AREAS IN FINANCIAL NEED; AND MAKES SCHOLARSHIPS TO STUDENTS WHO HAVE COMPLETED JUNIOR ACHIEVEMENT PROGRAMS.

Activities or mission (Part I)

THE ACHIEVEMENT FOUNDATION, BY USING ITS FINANCIAL RESOURCES, DEDICATES ITSELF TO DEVELOPING A BETTER UNDERSTANDING OF THE FREE ENTERPRISE SYSTEM BY YOUNG PEOPLE. THE ACHIEVEMENT FOUNDATION MAKES GRANTS TO JUNIOR ACHIEVEMENT USA, ITS AFFILIATES AND BENEFICIARIES IN SUPPORT OF THE FOUNDATION'S MISSION; MAKES LOANS TO JUNIOR ACHIEVEMENT AREAS IN FINANCIAL NEED; AND MAKES SCHOLARSHIPS TO STUDENTS WHO HAVE COMPLETED JUNIOR ACHIEVEMENT PROGRAMS.

  • THE FOUNDATION MAKES GRANTS TO NONPROFIT ORGANIZATIONS WHICH DEVELOP A BETTER UNDERSTANDING OF THE FREE ENTERPRISE SYSTEM IN YOUNG PEOPLE. THE FOUNDATION AWARDS GRANTS TO JUNIOR ACHIEVEMENT USA AND JUNIOR ACHIEVEMENT AREAS FOR NEW AND INNOVATIVE PROGRAMS AND PROGRAMS SERVING URBAN OR OTHER POORER POPULATIONS.

    Expenses $195,000 · Grants $195,000

  • THE FOUNDATION MAKES SCHOLARSHIP PROGRAM AVAILABLE TO GRADUATES OF JUNIOR ACHIEVEMENT HIGH SCHOOL PROGRAMS.

    Expenses $29,500 · Grants $29,500

  • THE FOUNDATION MAKES LOANS TO SPECIFIC JUNIOR ACHIEVEMENT PROGRAMS IN FINANCIAL NEED. THESE LOANS ARE REPAID AT NO INTEREST IF THE LOANS ARE REPAID ACCORDING TO THE AGREED UPON SCHEDULE. DURING 2020 THE COVID-19 PANDEMIC CAUSED MANY JUNIOR ACHIEVEMENT AREAS TO EXPERIENCE FINANCIAL STRESS. AS A RESULT OF THIS, THE ACHIEVEMENT FOUNDATION MADE 32 LOANS TO THOSE AREAS TOTALING $1,680,315. $1,335,315 OF THE LOANS WERE FUNDED IN 2020 WITH THE REMAINING $345,000 FUNDED IN 2021. THERE WERE NO NEW LOANS MADE IN 2024.

As filed on the 2024 return.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • JIM HEMAK

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1
  • R CHADWICK PAUL JR

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • TOM KUSHNER

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • CATHY FRANCOMANO

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • CHRIS WHITE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • DONNA STONE BUCHANAN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • GINA BLAYNEY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • JACK KOSAKOWSKI

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • JOHN CAREY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • KURT SNYDER

    Board Member

    Total calculated
    $0
    Hours/week
    1
  • MIKE HANNIGAN JR

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • NORMAN FLEMING

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • SANDRA BEACH LIN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • TIM GREINERT

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • PAUL BRADY

    EXECUTIVE DIRECTOR

    Total calculated
    $22,124
    From this org
    $22,124
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

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. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $695,388
    Expenses
    $296,711
    Contributions
    $20,708
    Grants paid
    $224,500
  • 2023
    Revenue
    $133,148
    Expenses
    $466,231
    Contributions
    $61,197
    Grants paid
    $385,500
  • 2022
    Revenue
    $157,363
    Expenses
    $399,067
    Contributions
    $49,238
    Grants paid
    $318,000

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $450,812
    Expenses
    $288,307
    Assets (EOY)
    $5,204,649
  • 2020 · 990

    Revenue
    $340,153
    Expenses
    $84,750
    Assets (EOY)
    $6,134,982
  • 2019 · 990

    Revenue
    $572,258
    Expenses
    $369,554
    Assets (EOY)
    $5,084,060
  • 2018 · 990

    Revenue
    $354,050
    Expenses
    $472,691
    Assets (EOY)
    $5,149,521
  • 2017 · 990

    Revenue
    $480,803
    Expenses
    $244,225
    Assets (EOY)
    $5,453,530
  • 2016 · 990

    Revenue
    $361,348
    Expenses
    $282,199
    Assets (EOY)
    $4,919,622
  • 2015 · 990

    Revenue
    $239,659
    Expenses
    $173,615
    Assets (EOY)
    $4,259,362
  • 2014 · 990

    Revenue
    $547,180
    Expenses
    $235,684
    Assets (EOY)
    $4,536,878
  • 2013 · 990

    Revenue
    $485,906
    Expenses
    $207,865
    Assets (EOY)
    $4,909,125
  • 2012 · 990

    Revenue
    not reported
    Expenses
    $256,712
    Assets (EOY)
    $4,220,540

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

The 10 largest by cash amount. The API serves every itemized grant.

Where these grants went next →

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2024 return

Declared as related by

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 13 October 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 23 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.