Andersen Deans Foundation EIN 33-0754551

Andersen Deans Foundation

EIN  33-0754551 Public charity (501(c)(3)) Newport Beach, CA
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Funds elementary school necessities and provides financial support.
Leadership
Chase Rief · President
Money in and out
$791K revenue, $768K expenses
Bottom line
96% program efficiency

Funds elementary school necessities and provides financial support. For fiscal year 2025 it reported $791K in revenue, $768K in expenses, and $885K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$791K
Pt VIII · Ln 12
Total expenses
$768K
Pt IX · Ln 25
Net assets
$885K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $23K
Where spending went · Part IX cols B–D
Program services $0.96 Management & general $0.04
Program efficiency
96%
of spending reaches programs▲ +57% vs prior filing year
Operating runway
13.6mo
months of highly liquid reserves at operating expense rate▼ -14% vs prior filing year
Surplus margin
+3%
revenue over expenses, this year▼ -82% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$791K
FY2025▲ +6%
Expenses
$768K
FY2025▲ +23%
Total assets
$885K
FY2025▲ +7%
Total liabilities
$0
FY2025
Total revenue
$791K
Pt VIII · Ln 12
Total expenses
$768K
Pt IX · Ln 25
Net assets
$885K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$23K
Total assetsPt X · Ln 16$885K
Program-expense ratioPt IX · col B96%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47
Mission & Programs · Part III

Where the work happens

1 program service account for $741K of program spending, described in the organization's own filed words · FY2024.
01

Money raised by the deans supports programs that go beyond the standard classroom experience. These include enhanced instruction in math, reading, and writing; additional teaching staff to reduce student-to-teacher ratios; new technology and equipment; music programs; and after-school initiatives such as the scholar's club and play more…

$741Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CAndersen Deans Foundation
EINHdr · item D33-0754551
Principal addressHdr · item CNewport Beach, CA
WebsiteHdr · item Jwww.andersendeans.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B94)
Ruling yearIRS BMFOct 1998

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Andersen Deans Foundation executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants$718K · 91%
Investment income$49K · 6%
Other revenue$24K · 3%
Contributions & grants91%$718K
Investment income6%$49K
Other revenue3%$24K
Total revenueLn 12$791K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.96 Management & general $0.04
Program services96%$741K
Management & general4%$27K
Total functional expensesLn 25$768K

Balance Sheet

Part X · end of year
CashLn 1$872K
Total assetsLn 16$885K
Total liabilitiesLn 26$0
Total net assetsLn 32$885K
Months of cash on handcomputed13.6

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $872K · Operating expenses/yr $768K
13.6 months
Where the money goes
Program services
Program services $741K · Total expenses $768K
96%
Management & General
Management & general $27K · Total expenses $768K
4%
Fundraising
Fundraising $0 · Total expenses $768K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $142K · Solicited contributions (3-yr avg) $515K
$0.28 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $718K · Total revenue $791K
91%
Government reliance
Government grants — · Total revenue $791K
Earned-income share
Program service revenue $0 · Total revenue $791K
0%
Investment reliance
Investment income $49K · Total revenue $791K
+6%
Program self-sufficiency
Program service revenue $0 · Total expenses $768K
0%
Growth & trend
Revenue growth (YoY)
This year $791K · Prior year $744K
+6%
Revenue CAGR
FY2019 $321K · FY2024 $791K
+20%
Net-asset trend (YoY)
End of year $885K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $791K · Expenses $768K
+3%
Liabilities-to-Assets
Total liabilities — · Total assets $885K
Net-asset ratio
Net assets $885K · Total assets $885K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $885K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Chase Rief · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $768K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $768K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 96%
Overhead ratio 4%
Fundraising cost ratio 0%
Revenue growth 6%
Accounting fee ratio 1%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 8 funders →
Grants paid · 6 grants · $1.6M · 2020–2024
Newport Mesa School DistrictFY2024$675,987
Newport Mesa School DistrictFY2023$329,068
Newport Mesa School DistrictFY2022$157,370
Newport Mesa School DistrictFY2021$169,282
Newport Mesa School DistrictFY2020$210,064

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$791K revenue · viewing · ⤓ 990 PDF
FY2024$744K revenue · ⤓ 990 PDF
FY2023$719K revenue · ⤓ 990 PDF
FY2022$531K revenue · ⤓ 990 PDF
FY2021$240K revenue · ⤓ 990 PDF
FY2020$321K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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