Apollo Educational Foundation FY2023 filing

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The foundations mission is to support the Educational needs of students attending Apollo career center with scholarships from businesses and individuals

Form 990 Part I, line 1, FY2023. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 34-1624092) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $39K a year · 36% of revenue · last 5 filings
A surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
100% of spending went to programs.
Pt IX · Ln 25 · col B
21.6 mo
of spending, in cash
Plus $479K in investments, Pt X · Ln 11–13
21.6 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $4K
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Liabilities are 0% of assets.
Pt X · Ln 26
Independent board members
14
of 14 voting members
14 of 14 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$96K
+591% vs prior year
Spent
$67K
To programs
100%
Net assets
$599K
By yearFY2021–FY2025
Revenue
$96K
FY2023▲ +591%
Tap a bar for its year
Revenue by fiscal year
FY2021$151K
FY2022$14K
FY2023$96K
FY2024$139K
FY2025$142K
Expenses
$67K
FY2023▼ -3%
Tap a bar for its year
Expenses by fiscal year
FY2021$69K
FY2022$69K
FY2023$67K
FY2024$68K
FY2025$75K
Net assets
$599K
FY2023▲ +5%
Tap a bar for its year
Net assets by fiscal year
FY2021$625K
FY2022$570K
FY2023$599K
FY2024$670K
FY2025$737K

From the FY2023 Form 990 (year ending June 2023) · see the original

You’re viewing the FY2023 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 Dec 1989.

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

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $67K

Form 990 Part IX, line 25. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

14 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
$0Pt VII · Sec A
Vice Pres
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Apollo Educational Foundation executive salaries →

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 15aNo

Programs and updates

Provides scholarships for students attending Apollo Career Center.

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3 programs · $47K · in their own filed words · FY2022
01

Academic scholarships were awarded to graduating high school students

Form 990 Part III, line 4, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 34-1624092) · Dispute this line
$34Kprogram expense
02

Tool scholarships were given to graduating high school seniors to

Form 990 Part III, line 4, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 34-1624092) · Dispute this line
$12Kprogram expense
03

Funds used to promote student success and help cover the cost

Form 990 Part III, line 4, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 34-1624092) · Dispute this line
$1Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$4K
Grants paid · 18 grants · $276K · 2020–2024
Unitemized GrantFY2024$28,161
Unitemized GrantFY2024$13,925
Unitemized GrantFY2024$13,000
Unitemized GrantFY2024$285
Unitemized GrantFY2023$38,136
Unitemized GrantFY2023$10,500
Unitemized GrantFY2023$937
Unitemized GrantFY2022$33,800
Unitemized GrantFY2022$12,000
Unitemized GrantFY2022$1,105
Unitemized GrantFY2021$30,200
Unitemized GrantFY2021$16,785
Unitemized GrantFY2021$11,000
Unitemized GrantFY2021$1,140
Unitemized GrantFY2020$25,300
Unitemized GrantFY2020$25,220
Unitemized GrantFY2020$13,000
Unitemized GrantFY2020$1,192

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$96K
Ln 12
Gifts and grantsLn 1h$65K
Investment incomeLn 3$31K
Money outPt IX
$67K
Ln 25
Programscol B$67K
Owns and owesPt X
$599K
net assets · Ln 32
Cash and savingsLn 1–2$120K
Total assetsLn 16$599K
LiabilitiesLn 26$0
PeoplePt VI, VII
14
listed · VII A
PaidVII A0
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$65K
Investment incomeLn 3$31K
Total revenueLn 12$96K
Assets in detailPt X, end of year
CashLn 1$120K
Cash and savings togetherLn 1–2$120K
InvestmentsLn 11–13$479K
Total assetsLn 16$599K
LiabilitiesLn 26$0
Net assetsLn 32$599K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$98K$120K
InvestmentsLn 11–13$471K$479K
Total assetsLn 16$570K$599K
LiabilitiesLn 26$0$0
Net assetsLn 32$570K$599K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$47K$47K
Accounting feesLn 11c$400$400
Other expenses (24a–d)Ln 24$20K$20K
Total functional expensesLn 25$67K$67K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Nov 17, 2025 $142K$75K$67K$737K 990 PDF
FY2024Filed with the IRS Nov 7, 2024 $139K$68K$71K$670K 990 PDF
FY2023 ViewingFiled with the IRS Nov 9, 2023 $96K$67K$29K$599K 990 PDF
FY2022Filed with the IRS Nov 7, 2022 $14K$69K−$55K$570K 990 PDF
FY2021Filed with the IRS Nov 9, 2021 $151K$69K$82K$625K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2023 990
Part I · Summary $96,399 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $67,796$65,105
I-9 Program service revenue$0
I-10 Investment incomePrior year −$53,844$31,294
I-11 Other revenue$0
I-12 Total revenuePrior year $13,952$96,399
I-13 Grants and similar amounts paidPrior year $59,125$46,905
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $10,081$20,012
I-18 Total expensesPrior year $69,206$66,917
I-19 Revenue less expensesPrior year −$55,254$29,482
Part VI · Governance 14 of 14 board members independent, 3 to look at
VI-1a Voting members of the governing body14
VI-1b Independent voting members14
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $96,399 across 5 lines filed
VIII-1f All other contributions, gifts and grants$61,325
VIII-1h Total contributions, gifts and grants$65,105
VIII-3 Investment incomeRelated to mission $31,294$31,294
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $31,294$96,399
Part IX · Statement of functional expenses $66,917 across 3 lines filed
IX-2 Grants to domestic individualsPrograms $46,905$46,905
IX-11c Accounting feesPrograms $400$400
IX-24 Other expenses (24a–d)Programs $19,612$19,612
IX-25 Total functional expensesPrograms $66,917 · Management $0 · Fundraising $0$66,917
Part X · Balance sheet $598,987 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $98,024$120,179
X-12 Other securitiesStart of year $471,482$478,808
X-16 Total assetsStart of year $569,506$598,987
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $57,388$69,731
X-28 Net assets with donor restrictionsStart of year $512,118$529,256
X-32 Total net assets or fund balancesStart of year $569,506$598,987
X-33 Total liabilities and net assetsStart of year $569,506$598,987
Part XI · Reconciliation of net assets $598,987 net assets at year end
XI-1 Total revenue$96,399
XI-2 Total expenses$66,917
XI-3 Revenue less expenses$29,482
XI-4 Net assets at start of year$569,506
XI-10 Net assets at end of year$598,987

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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