Anderson Five Education Foundation: Nonprofit Profile, Financials & Form 990 (EIN 47-2373444)

Revenue by fiscal year
FY2021	$329K
FY2022	$264K
FY2023	$181K
FY2024	$185K
FY2025	$139K

Expenses by fiscal year
FY2021	$111K
FY2022	$272K
FY2023	$163K
FY2024	$180K
FY2025	$210K

Net assets by fiscal year
FY2021	$484K
FY2022	$477K
FY2023	$495K
FY2024	$500K
FY2025	$429K

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 2015.

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

Where the money goes

100 cents of each dollar spent went to programs.

100%

Program services 100% · $210K

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

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Who runs it and what they're paid

9 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII

Kyle Newton

Executive Di

$0Pt VII · Sec A

Amy Heard

Treasurer

$0Pt VII · Sec A

Andy Patrick

Chair

$0Pt VII · Sec A

Julie Usherwood

Vice Chair

$0Pt VII · Sec A

Terence Roberts

Secretary

$0Pt VII · Sec A

Michael Cunningham

Director

$0Pt VII · Sec A

Cameron Ford

Director

$0Pt VII · Sec A

Damon Grainger

Director

$0Pt VII · Sec A

See Anderson Five Education Foundation executive salaries →

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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

Manages donated funds exclusively for Anderson School District Five.

Provided by the organization

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3 programs · $169K · in their own filed words · FY2024

01

The vex robotics programs and competition funds are designed to provide for the costs associated with robotics kits learning and robotics tournaments participation for students in anderson district 5.

$65Kprogram expense

02

Anderson institute of technology programs are designed to enhance advanced manufacturing learning (including machine tools, mechatronics, and biomedical technology), and to provide equipment and supplies for labs.

$57Kprogram expense

03

The homeless and needy student program provides help for students when federal program money cannot be used due to restrictions. Assistance can include items such as bus passes, food, motel stays until temporary placement is found, telephone costs, and supplies.

$47Kprogram 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

Bosch Community FundFY2024$45K

Total grants receivedfrom 1 funder$45K

Grants paid · 14 grants · $294K · 2021–2024

Unitemized GrantFY2024$46,753

Unitemized GrantFY2024$18,086

Unitemized GrantFY2023$29,986

Unitemized GrantFY2023$16,747

Unitemized GrantFY2023$3,656

Unitemized GrantFY2022$45,729

Unitemized GrantFY2022$18,207

Robert Anderson Middle SchoolFY2022$16,861

Tl Hanna High SchoolFY2022$6,375

Westside High SchoolFY2022$5,955

Unitemized GrantFY2022$1,000

Unitemized GrantFY2021$51,942

Unitemized GrantFY2021$25,480

Unitemized GrantFY2021$7,698

By the numbers

The FY2025 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$139K

Ln 12

Gifts and grantsLn 1h$131K

Investment incomeLn 3$9K

Money outPt IX

$210K

Ln 25

Programscol B$210K

Owns and owesPt X

$429K

net assets · Ln 32

Cash and savingsLn 1–2$481K

Total assetsLn 16$481K

LiabilitiesLn 26$52K

PeoplePt VI, VII

9

listed · VII A

PaidVII A0

Voting boardVI 1a7

IndependentVI 1b7

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$131K

Investment incomeLn 3$9K

Total revenueLn 12$139K

Assets in detailPt X, end of year

SavingsLn 2$481K

Cash and savings togetherLn 1–2$481K

Total assetsLn 16$481K

LiabilitiesLn 26$52K

Net assetsLn 32$429K

OperationsPt I, VI

EmployeesI 50

VolunteersI 67

Fiscal year endsHeaderJune

Conflict-of-interest policyVI 12aNo

Whistleblower policyVI 13No

Records policyVI 14No

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY25	End FY25
Cash and savingsLn 1–2	$492K	$481K
Total assetsLn 16	$500K	$481K
LiabilitiesLn 26	$0	$52K
Net assetsLn 32	$500K	$429K

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Grants to domestic individualsLn 2	$65K	$65K
Other expenses (24a–d)Ln 24	$146K	$146K
All other expensesLn 24e	$82	$82
Total functional expensesLn 25	$210K	$210K	$0	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2025 Latest Viewing	$139K	$210K	−$71K	$429K	990 PDF
FY2024	$185K	$180K	$5K	$500K	990 PDF
FY2023	$181K	$163K	$18K	$495K	990 PDF
FY2022	$264K	$272K	−$8K	$477K	990 PDF
FY2021	$329K	$111K	$218K	$484K	990 PDF

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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 FY2025 990 (6 parts)

Part I · Summary $139,488 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $173,292$130,873

I-9 Program service revenue$0

I-10 Investment incomePrior year $11,711$8,615

I-11 Other revenue$0

I-12 Total revenuePrior year $185,003$139,488

I-13 Grants and similar amounts paidPrior year $53,528$64,839

I-14 Benefits paid to members$0

I-15 Salaries and benefits$0

I-16a Professional fundraising fees$0

I-17 Other expensesPrior year $126,353$145,590

I-18 Total expensesPrior year $179,881$210,429

I-19 Revenue less expensesPrior year $5,122−$70,941

Part VI · Governance 7 of 7 board members independent, 4 to look at

VI-1a Voting members of the governing body7

VI-1b Independent voting members7

VI-12a Written conflict of interest policyNo

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

Part VIII · Statement of revenue $139,488 across 5 lines filed

VIII-1a Federated campaigns$10,000

VIII-1f All other contributions, gifts and grants$120,873

VIII-1h Total contributions, gifts and grants$130,873

VIII-3 Investment incomeExcluded from tax $8,615$8,615

VIII-12 Total revenueExcluded from tax $8,615$139,488

Part IX · Statement of functional expenses $210,429 across 3 lines filed

IX-2 Grants to domestic individualsPrograms $64,839$64,839

IX-24 Other expenses (24a–d)Programs $145,508$145,508

IX-24e All other expensesPrograms $82$82

IX-25 Total functional expensesPrograms $210,429 · Management $0 · Fundraising $0$210,429

Part X · Balance sheet $481,268 assets, 8 lines filed

X-2 Savings and temporary cash investmentsStart of year $492,440$481,268

X-16 Total assetsStart of year $499,837$481,268

X-25 Other liabilities$52,372

X-26 Total liabilitiesStart of year $0$52,372

X-27 Net assets without donor restrictionsStart of year $11,711$8,615

X-28 Net assets with donor restrictionsStart of year $488,126$420,281

X-32 Total net assets or fund balancesStart of year $499,837$428,896

X-33 Total liabilities and net assetsStart of year $499,837$481,268

Part XI · Reconciliation of net assets $428,896 net assets at year end

XI-1 Total revenue$139,488

XI-2 Total expenses$210,429

XI-3 Revenue less expenses−$70,941

XI-4 Net assets at start of year$499,837

XI-10 Net assets at end of year$428,896

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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Anderson Five Education Foundation

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

Questions the 990 asks

Programs and updates

Funders

Grants

By the numbers

Filing history

Schedules filed Part IV