Adopt a Class Foundation INC FY2022 filing

Tax-deductible

Cincinnati, OH501(c)(3)Since 2005EducationEIN 20-2587299Revenue $425K in FY2022

On file with the IRSaacmentors.org3080 Exploration Ave, 45206-6500 · Cincinnati, OHTax-exempt since Nov 2006Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

Adopt A Class connects businesses, government, and civic partners with students from underserved communities. By pairing teams with individual classrooms, our adult mentors provide students exposure to a breadth of life and career experiences to increase their knowledge of career opportunities and expand their horizons with clearer self-vision. Continued on Schedule O.

501(c)(3) charity; gifts are tax-deductible.
75¢ of each $1 spent went to programs.
$102K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $45K a year · 5% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
75%
of spending
Fine: 75% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$102K
to officers and key staff · 26% of spending
Worth a look: pay to officers and key staff is 26% of spending; over 20%.
Pt VII · Sec A
Cash reserves
14 mo
of spending, in cash
Looks good: 13.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $15K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$23K
5% of total assets
Looks good: liabilities are 5% of assets; 50% or less.
Pt X · Ln 26
Independent board members
14
of 14 voting members
Looks good: 14 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$425K
+14% vs prior year
Spent
$386K
To programs
75%
Net assets
$430K
By yearFY2021–FY2025
Revenue
$425K
FY2022▲ +14%
Tap a bar for its year
Revenue by fiscal year
FY2021$374K
FY2022$425K
FY2023$662K
FY2024$1.4M
FY2025$1.2M
Expenses
$386K
FY2022▲ +10%
Tap a bar for its year
Expenses by fiscal year
FY2021$352K
FY2022$386K
FY2023$623K
FY2024$1.1M
FY2025$1.3M
Net assets
$430K
FY2022▲ +10%
Tap a bar for its year
Net assets by fiscal year
FY2021$391K
FY2022$430K
FY2023$468K
FY2024$713K
FY2025$577K

From the FY2022 Form 990 (year ending June 2022) · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 2006.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

75 cents of each dollar spent went to programs.

Program services 75% · $289K Management & general 17% · $66K Fundraising 8% · $31K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

16 people listed on the 990; $102K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Executive Director
$102,088Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Sonya Fultz’s $137K as Executive Director is at the 57th percentile of top reported officer pay among 3394 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Sonya Fultz$136,960$120,921$108,863$102,088$76,148
Julie Shifman————$16,066

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Adopt a Class Foundation INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Connects business professionals with young students as positive role models.

Questions for Adopt a Class Foundation INC

Tap to ask. Adopt a Class Foundation INC sees how many people are interested.

Your first name shows with your question. Adopt a Class Foundation INC answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $289K · in their own filed words · FY2021
01

Donated funds were used to develop and implement programming that connects businesses and civic groups with students to inspire a corporate culture of teamwork and philanthropy and a hope and a future vision of what is possible for the youth in our community.

$289Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 2 funders$15K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$425K
Ln 12
Gifts and grantsLn 1h$419K
Fees for servicesLn 2g$4K
Investment incomeLn 3$2K
Money outPt IX
$386K
Ln 25
Programscol B$289K
Managementcol C$66K
Fundraisingcol D$31K
Owns and owesPt X
$430K
net assets · Ln 32
Cash and savingsLn 1–2$446K
Total assetsLn 16$453K
LiabilitiesLn 26$23K
PeoplePt VI, VII
16
listed · VII A
PaidVII A1
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$419K
Fees for servicesLn 2g$4K
Investment incomeLn 3$2K
Total revenueLn 12$425K
Assets in detailPt X, end of year
CashLn 1$124K
SavingsLn 2$322K
Cash and savings togetherLn 1–2$446K
Total assetsLn 16$453K
LiabilitiesLn 26$23K
Net assetsLn 32$430K
OperationsPt I, VI
EmployeesI 517
VolunteersI 64,800
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$390K$446K
Total assetsLn 16$391K$453K
LiabilitiesLn 26$300$23K
Net assetsLn 32$391K$430K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$117K$90K$16K$11K
Other salaries and wagesLn 7$185K$142K$31K$12K
Other employee benefitsLn 9$11K$7K$3K$1K
Payroll taxesLn 10$21K$15K$4K$2K
Accounting feesLn 11c$3K$0$3K$0
Other fees for servicesLn 11g$2K$865$970$137
Office expensesLn 13$7K$4K$981$2K
Information technologyLn 14$13K$9K$2K$1K
OccupancyLn 16$5K$3K$822$509
TravelLn 17$759$698$57$4
Other expenses (24a–d)Ln 24$20K$18K$2K$220
All other expensesLn 24e$3K$0$3K$0
Total functional expensesLn 25$386K$289K$66K$31K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.2M$1.3M−$121K$577K 990 PDF
FY2024 $1.4M$1.1M$245K$713K 990 PDF
FY2023 $662K$623K$38K$468K 990 PDF
FY2022 Viewing $425K$386K$39K$430K 990 PDF
FY2021 $374K$352K$22K$391K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (6 parts)
Part I · Summary $424,607 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $370,509$418,775
I-9 Program service revenue$4,192
I-10 Investment incomePrior year $2,350$1,640
I-11 Other revenuePrior year $784$0
I-12 Total revenuePrior year $373,643$424,607
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $317,696$333,267
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $33,898$52,576
I-18 Total expensesPrior year $351,594$385,843
I-19 Revenue less expensesPrior year $22,049$38,764
Part VI · Governance 14 of 14 board members independent, no flags
VI-1a Voting members of the governing body14
VI-1b Independent voting members14
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $424,607 across 5 lines filed
VIII-1f All other contributions, gifts and grants$418,775
VIII-1h Total contributions, gifts and grants$418,775
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$4,192
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $1,640$1,640
VIII-12 Total revenueRelated to mission $4,192 · Unrelated business $0 · Excluded from tax $1,640$424,607
Part IX · Statement of functional expenses $385,843 across 12 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $89,596 · Management $15,711 · Fundraising $11,345$116,652
IX-7 Other salaries and wagesPrograms $141,957 · Management $31,300 · Fundraising $11,642$184,899
IX-9 Other employee benefitsPrograms $6,795 · Management $2,690 · Fundraising $1,385$10,870
IX-10 Payroll taxesPrograms $14,761 · Management $3,757 · Fundraising $2,328$20,846
IX-11c Accounting feesPrograms $0 · Management $2,686 · Fundraising $0$2,686
IX-11g Other fees for servicesPrograms $865 · Management $970 · Fundraising $137$1,972
IX-13 Office expensesPrograms $3,856 · Management $981 · Fundraising $1,703$6,540
IX-14 Information technologyPrograms $9,337 · Management $2,376 · Fundraising $1,473$13,186
IX-16 OccupancyPrograms $3,228 · Management $822 · Fundraising $509$4,559
IX-17 TravelPrograms $698 · Management $57 · Fundraising $4$759
IX-24 Other expenses (24a–d)Programs $17,808 · Management $1,943 · Fundraising $220$19,971
IX-24e All other expensesPrograms $0 · Management $2,903 · Fundraising $0$2,903
IX-25 Total functional expensesPrograms $288,901 · Management $66,196 · Fundraising $30,746$385,843
Part X · Balance sheet $452,906 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $70,660$124,239
X-2 Savings and temporary cash investmentsStart of year $319,436$322,232
X-3 Pledges and grants receivableStart of year $1,011$6,000
X-4 Accounts receivable$435
X-16 Total assetsStart of year $391,107$452,906
X-17 Accounts payable and accrued expensesStart of year $300$23,335
X-26 Total liabilitiesStart of year $300$23,335
X-27 Net assets without donor restrictionsStart of year $307,172$308,201
X-28 Net assets with donor restrictionsStart of year $83,635$121,370
X-32 Total net assets or fund balancesStart of year $390,807$429,571
X-33 Total liabilities and net assetsStart of year $391,107$452,906
Part XI · Reconciliation of net assets $429,571 net assets at year end
XI-1 Total revenue$424,607
XI-2 Total expenses$385,843
XI-3 Revenue less expenses$38,764
XI-4 Net assets at start of year$390,807
XI-10 Net assets at end of year$429,571

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.