Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 1996.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
37 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
11 people listed on the 990; $50K paid to officers and key staff (Part VII, Section A).
Mary Ellen Doran’s $15K as Executive Director is at the 60th percentile of top reported officer pay among 250 <$100K arts & culture 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
| Name | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|
| Cindy Bennett | — | — | $27,114 | $49,500 |
| Mary Ellen Doran | $15,000 | $15,000 | — | — |
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 Agma 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 15aYes
Programs and updates
Trains and retains workers for the power transmission industry, keeping them updated on new technology.
Questions for Agma Foundation
Your first name shows with your question. Agma Foundation answers here, for everyone.
In 2020, the Foundation awarded 8 scholarships to engineering students at the Technical/Associate, Undergraduate and Graduate levels.
Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 54-1601556) · Dispute this lineThe AGMA Foundation provided funding for the development of multiple operator level courses. The courses provide an opportunity for shop level employees to engage in professional development activity. The courses provide the employees with an opportunity to learn from and interact with the experts in the gear industry.
Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 54-1601556) · Dispute this lineFunders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2020 990, line by line.
Download 990
| Line | FY20 | FY19 | FY18 | FY17 | FY16 |
|---|---|---|---|---|---|
| End of yearLn 1g | $113K | $112K | $104K | $4K | $6K |
| AddedLn 1b | $104K | ||||
| SpentLn 1d–1f | $6K | $5K | $4K | $2K | $825 |
| Line | Start FY20 | End FY20 |
|---|---|---|
| Cash and savingsLn 1–2 | $159K | $10K |
| InvestmentsLn 11–13 | $407K | $417K |
| Land, buildings, equipmentLn 10c | $2K | $1K |
| Total assetsLn 16 | $571K | $433K |
| LiabilitiesLn 26 | $95K | $20K |
| Net assetsLn 32 | $476K | $413K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic individualsLn 2 | $40K | $40K | ||
| Pay of officers and key staff (Part IX, line 5)Ln 5 | $49K | $49K | ||
| Pension plan contributionsLn 8 | $4K | $4K | ||
| Payroll taxesLn 10 | $4K | $4K | ||
| Legal feesLn 11b | $37 | $37 | ||
| Accounting feesLn 11c | $4K | $4K | ||
| Investment management feesLn 11f | $4K | $4K | ||
| Office expensesLn 13 | $170 | $22 | $99 | $49 |
| TravelLn 17 | $287 | $287 | ||
| Depreciation, depletion and amortizationLn 22 | $344 | $344 | ||
| Other expenses (24a–d)Ln 24 | $14K | $727 | $907 | $12K |
| All other expensesLn 24e | $3K | $417 | $713 | $2K |
| Total functional expensesLn 25 | $122K | $45K | $64K | $14K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 LatestFiled with the IRS Aug 3, 2026 | $157K | $72K | $84K | $468K | 990 PDF |
| FY2024Filed with the IRS Sep 17, 2025 | $77K | $98K | −$21K | $434K | 990 PDF |
| FY2023Filed with the IRS May 15, 2024 | $93K | $81K | $11K | $422K | 990 PDF |
| FY2022Filed with the IRS Nov 13, 2023 | $95K | $58K | $37K | $394K | 990 PDF |
| FY2021Filed with the IRS Aug 22, 2022 | $56K | $79K | −$23K | $389K | 990 PDF |
| FY2020 ViewingFiled with the IRS Oct 8, 2021 | $60K | $122K | −$63K | $413K | 990 PDF |
Schedules filed Part IV
See the full FY2020 990
Part I · Summary $59,717 revenue, 12 lines filed
Part VI · Governance 9 of 9 board members independent, no flags
Part VIII · Statement of revenue $59,717 across 5 lines filed
Part IX · Statement of functional expenses $122,394 across 12 lines filed
Part X · Balance sheet $432,918 assets, 12 lines filed
Part XI · Reconciliation of net assets $412,918 net assets at year end
Form 990 e-file FY2020 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File
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