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ACADEMIC ASSETS INC

EIN 23-2455915 PHILADELPHIA, PA

Revenue 2023
$12,943
Expenses 2023
$45,000

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
Classification
1000
Street
3201 ARCH ST STE 400

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).

Officers and directors · 2023

As listed in Part VII of the 2023 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • JOHN A FRY

    CHAIRMAN OF THE BOARD

    Total calculated
    $2,745,768
    From this org
    $0
    From related orgs
    $2,694,118
    Other
    $51,650
    Hours/week
    1 + 46 related

    Schedule J breakdown matched by us

    Base
    $0 + $931,226 related
    Bonus
    $0 + $1,000,000 related
    Other
    $0 + $762,892 related
    Deferred
    $0 + $36,300 related
    Nontaxable benefits
    $0 + $15,350 related
    Filer's total
    $0 + $2,745,768 related

  • HELEN Y BOWMAN

    PRESIDENT & TREASURER

    Total calculated
    $854,710
    From this org
    $0
    From related orgs
    $724,556
    Other
    $130,154
    Hours/week
    1 + 44 related

    Schedule J breakdown matched by us

    Base
    $0 + $724,556 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $111,300 related
    Nontaxable benefits
    $0 + $18,854 related
    Filer's total
    $0 + $854,710 related

  • DONALD LIBERATI

    DIRECTOR

    Total calculated
    $225,896
    From this org
    $0
    From related orgs
    $200,087
    Other
    $25,809
    Hours/week
    1 + 42 related

    Schedule J breakdown matched by us

    Base
    $0 + $200,087 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $18,448 related
    Nontaxable benefits
    $0 + $7,361 related
    Filer's total
    $0 + $225,896 related

  • REBECCA LACHER

    SECRETARY

    Total calculated
    $203,502
    From this org
    $0
    From related orgs
    $177,065
    Other
    $26,437
    Hours/week
    1 + 44 related

    Schedule J breakdown matched by us

    Base
    $0 + $177,065 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $16,483 related
    Nontaxable benefits
    $0 + $9,954 related
    Filer's total
    $0 + $203,502 related

  • ALAN GREENBERGER

    VICE PRESIDENT

    Total calculated
    $372,903
    From this org
    $0
    From related orgs
    $327,464
    Other
    $45,439
    Hours/week
    1 + 44 related

    Schedule J breakdown matched by us

    Base
    $0 + $327,464 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $35,394 related
    Nontaxable benefits
    $0 + $10,045 related
    Filer's total
    $0 + $372,903 related

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 — 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. Earlier years are each on their own filing page.

Filings

  • 2023
    Revenue
    $12,943
    Expenses
    $45,000
    Contributions
    $0
    Grants paid
    $45,000
  • 2022
    Revenue
    $12,128
    Expenses
    $0
    Contributions
    $0
    Grants paid
    $0

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.

Grants made

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 2023 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 10 September 2026, under deductibility SOUNK.

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.