School Foundation INC: FY2022 Nonprofit Profile & Form 990 (EIN 57-1092759)

Debbie Hyler’s $79K as Executive Director is at the 72nd percentile of top reported officer pay among 1264 $100K–1M philanthropy & grantmaking 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 · 1 named individual · Part VII

Name	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
Debbie Hyler	$78,621	$76,331	$74,108	$71,949	$71,949	$73,649

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 School Foundation INC executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

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

Family or business ties among officersPt VI · Ln 2Yes
Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Funds innovative learning and high-impact initiatives to prepare all students for success in Florence schools.

Questions for School Foundation INC

Tap to ask. School Foundation INC sees how many people are interested.

Your first name shows with your question. School Foundation INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

2 programs · $2K · in their own filed words · FY2021

01

STARTSMARTFSD1'S startsmart offers unique services for young children ages birth to age five that will help the florence community ensure that all children enter school ready to learn so that they will be better able to grow into productive citizens. The program has grown dramatically since it began in 2012.

$2Kprogram expense

02

START2READWE understand the importance of early language exposure to late success in school and life. Children who are read to every day, beginning at birth, are far more likely to be successful in school.

$161program 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

Fidelity Investments Charitable Gift FundFY2024$15K

American Online Giving Foundation INCFY2024$7K

Total grants receivedfrom 2 funders$22K

Grants paid · 40 grants · $788K · 2020–2024

Wilson High School BandFY2024$35,000

All Florence One SchoolsFY2024$30,500

All Florence One SchoolsFY2024$25,000

Royall Elementary SchoolFY2024$25,000

Brockington Elementary SchoolFY2024$17,510

Advantage AcademyFY2024$10,000

Dewey L Carter Elementary SchoolFY2024$6,368

Brockington Elementary SchoolFY2024$6,367

Child Development Center at Woods RoadFY2024$6,367

RN Beck Child Development CenterFY2024$6,367

Wallace Gregg Elementary SchoolFY2023$35,700

John W Moore Middle SchoolFY2023$35,229

West Florence High SchoolFY2023$23,944

Florence 1 Adult EducationFY2023$19,500

Wallace Gregg Elementary SchoolFY2023$14,388

North Vista Elementary SchoolFY2023$14,387

Reach - All F1s Elementary SchoolsFY2022$68,553

All F1s SchoolsFY2022$45,831

See all 40 grants →

By the numbers

The FY2022 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$526K

Ln 12

Investment incomeLn 3$229K

Other incomeLn 4–11$164K

Gifts and grantsLn 1h$133K

Money outPt IX

$295K

Ln 25

Programscol B$158K

Managementcol C$95K

Fundraisingcol D$41K

Owns and owesPt X

$2.2M

net assets · Ln 32

Cash and savingsLn 1–2$80K

Total assetsLn 16$2.2M

LiabilitiesLn 26$443

PeoplePt VI, VII

26

listed · VII A

PaidVII A1

Voting boardVI 1a23

IndependentVI 1b23

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$133K

Government grantsLn 1e$13K

Fundraising eventsLn 1c$63K

Investment incomeLn 3$229K

Other incomeLn 4–11$164K

Gains on assetsLn 7$188K

Total revenueLn 12$526K

Assets in detailPt X, end of year

SavingsLn 2$80K

Cash and savings togetherLn 1–2$80K

InvestmentsLn 11–13$2.1M

Land, buildings, equipmentLn 10c$3K

Total assetsLn 16$2.2M

LiabilitiesLn 26$443

Net assetsLn 32$2.2M

OperationsPt I, VI

EmployeesI 52

VolunteersI 675

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

Line	Start FY22	End FY22
Cash and savingsLn 1–2	$49K	$80K
InvestmentsLn 11–13	$2.6M	$2.1M
Land, buildings, equipmentLn 10c	$4K	$3K
Total assetsLn 16	$2.7M	$2.2M
LiabilitiesLn 26	$166K	$443
Net assetsLn 32	$2.6M	$2.2M

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Grants to domestic organizationsLn 1	$130K	$130K
Pay of current officers, directors and key staffLn 5	$72K	$18K	$25K	$29K
Other salaries and wagesLn 7	$27K	$4K	$14K	$9K
Payroll taxesLn 10	$8K	$2K	$3K	$3K
Accounting feesLn 11c	$4K		$4K
Investment management feesLn 11f	$28K		$28K
Advertising and promotionLn 12	$6K	$4K	$3K
Office expensesLn 13	$1K	$756	$244
OccupancyLn 16	$9K		$9K
Conferences, conventions and meetingsLn 19	$309		$309
Depreciation, depletion and amortizationLn 22	$318		$318
InsuranceLn 23	$2K		$2K
Other expenses (24a–d)Ln 24	$6K		$6K
Total functional expensesLn 25	$295K	$158K	$95K	$41K

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2025 Latest	$954K	$344K	$611K	$2.8M	990 PDF
FY2024	$349K	$325K	$24K	$2.6M	990 PDF
FY2023	$213K	$346K	−$133K	$2.3M	990 PDF
FY2022 Viewing	$526K	$295K	$231K	$2.2M	990 PDF
FY2021	$333K	$365K	−$32K	$2.6M	990 PDF
FY2020	$198K	$113K	$86K	$2.2M	990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations

See the full FY2022 990 (6 parts)

Part I · Summary $526,211 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $140,107$133,212

I-9 Program service revenuePrior year $0$0

I-10 Investment incomePrior year $171,087$229,102

I-11 Other revenuePrior year $22,300$163,897

I-12 Total revenuePrior year $333,494$526,211

I-13 Grants and similar amounts paidPrior year $170,128$130,000

I-14 Benefits paid to membersPrior year $0$0

I-15 Salaries and benefitsPrior year $106,535$106,587

I-16a Professional fundraising feesPrior year $0$0

I-17 Other expensesPrior year $88,788$58,130

I-18 Total expensesPrior year $365,451$294,717

I-19 Revenue less expensesPrior year −$31,957$231,494

Part VI · Governance 23 of 23 board members independent, 1 to look at

VI-1a Voting members of the governing body23

VI-1b Independent voting members23

VI-2 Family or business relationship among officers or directorsYes

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 $526,211 across 9 lines filed

VIII-1c Fundraising events$62,717

VIII-1e Government grants$13,000

VIII-1f All other contributions, gifts and grants$57,495

VIII-1h Total contributions, gifts and grants$133,212

VIII-3 Investment incomeRelated to mission $41,472$41,472

VIII-7 Net gain or loss on sales of assetsRelated to mission $187,630$187,630

VIII-8 Net income from fundraising eventsExcluded from tax $143,279$143,279

VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $20,618$20,618

VIII-12 Total revenueRelated to mission $249,720 · Unrelated business $0 · Excluded from tax $143,279$526,211

Part IX · Statement of functional expenses $294,717 across 13 lines filed

IX-1 Grants to domestic organizationsPrograms $130,000$130,000

IX-5 Pay of current officers, directors and key staffPrograms $17,987 · Management $25,182 · Fundraising $28,780$71,949

IX-7 Other salaries and wagesPrograms $4,053 · Management $13,508 · Fundraising $9,454$27,015

IX-10 Payroll taxesPrograms $1,677 · Management $2,973 · Fundraising $2,973$7,623

IX-11c Accounting feesManagement $4,500$4,500

IX-11f Investment management feesManagement $27,986$27,986

IX-12 Advertising and promotionPrograms $3,823 · Management $2,590$6,413

IX-13 Office expensesPrograms $756 · Management $244$1,000

IX-16 OccupancyManagement $9,283$9,283

IX-19 Conferences, conventions and meetingsManagement $309$309

IX-22 Depreciation, depletion and amortizationManagement $318$318

IX-23 InsuranceManagement $2,155$2,155

IX-24 Other expenses (24a–d)Management $6,166$6,166

IX-25 Total functional expensesPrograms $158,296 · Management $95,214 · Fundraising $41,207$294,717

Part X · Balance sheet $2,232,206 assets, 12 lines filed

X-2 Savings and temporary cash investmentsStart of year $49,397$80,288

X-9 Prepaid expenses and deferred chargesStart of year $36,227$819

X-10c Land, buildings and equipment, netStart of year $3,566$3,248

X-12 Other securitiesStart of year $2,647,608$2,147,851

X-16 Total assetsStart of year $2,736,798$2,232,206

X-17 Accounts payable and accrued expensesStart of year $325$43

X-19 Deferred revenueStart of year $144,715$400

X-26 Total liabilitiesStart of year $165,658$443

X-27 Net assets without donor restrictionsStart of year $2,554,949$2,214,703

X-28 Net assets with donor restrictionsStart of year $16,191$17,060

X-32 Total net assets or fund balancesStart of year $2,571,140$2,231,763

X-33 Total liabilities and net assetsStart of year $2,736,798$2,232,206

Part XI · Reconciliation of net assets $2,231,763 net assets at year end

XI-1 Total revenue$526,211

XI-2 Total expenses$294,717

XI-3 Revenue less expenses$231,494

XI-4 Net assets at start of year$2,571,140

XI-5 Net unrealized gains (losses) on investments−$570,871

XI-9 Other changes in net assets$0

XI-10 Net assets at end of year$2,231,763

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

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.

Your org? Add context

Made it to the end? Claim this org

School Foundation INC FY2022 filing

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid