Apollo School Foundation INC FY2021 filing

Tax-deductible

Hobe Sound, FL501(c)(3)Since 1999EducationEIN 65-0926244Revenue $11K in FY2021

On file with the IRSapolloschool.org9307 Se Olympus St, 33455-5467 · Hobe Sound, FLTax-exempt since Nov 1999Publicly supported charity — 170(b)(1)(A)(vi)

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Maintaining the historical aspects of the former 2-room schoolhouse & enhancing its impact on Hobe Sound & Martin Co as a cultural arts & education facility by providing cultural & educational offerings.

501(c)(3) charity; gifts are tax-deductible.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average surplus $1K a year · 6% of revenue · last 6 filings
Worth a look: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
27 mo
of spending, in cash
Looks good: 27.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $250
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
12
of 12 voting members
Looks good: 12 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$11K
+4% vs prior year
Spent
$19K
To programs
0%
Net assets
$582K
By yearFY2020–FY2025
Revenue
$11K
FY2021▲ +4%
Tap a bar for its year
Revenue by fiscal year
FY2020$11K
FY2021$11K
FY2022$13K
FY2023$16K
FY2024$47K
FY2025$32K
Expenses
$19K
FY2021▲ +28%
Tap a bar for its year
Expenses by fiscal year
FY2020$15K
FY2021$19K
FY2022$19K
FY2023$21K
FY2024$33K
FY2025$16K
Net assets
$582K
FY2021▼ -1%
Tap a bar for its year
Net assets by fiscal year
FY2020$590K
FY2021$582K
FY2022$576K
FY2023$572K
FY2024$586K
FY2025$602K

From the FY2021 Form 990 · see the original

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You’re viewing the FY2021 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 Nov 1999.

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

Where the money goes

What each dollar paid for.

Management & general 100% · $19K

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

12 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Pres/Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Treas/Director
$0Pt VII · Sec A
Sec/Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
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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

Preserves and enhances a historic schoolhouse as a cultural arts and educational center.

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Provided by the organization

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1 program · in their own filed words · FY2021
01

Restoration and preservation of historic schoolhouse property which is listed on the National Register of Historic Places.

Pt IX · col B

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$250

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$11K
Ln 12
Gifts and grantsLn 1h$11K
Investment incomeLn 3$2
Money outPt IX
$19K
Ln 25
Managementcol C$19K
Owns and owesPt X
$582K
net assets · Ln 32
Cash and savingsLn 1–2$43K
Total assetsLn 16$582K
LiabilitiesLn 26$0
PeoplePt VI, VII
12
listed · VII A
PaidVII A0
Voting boardVI 1a12
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$11K
Investment incomeLn 3$2
Total revenueLn 12$11K
Assets in detailPt X, end of year
CashLn 1$22K
SavingsLn 2$21K
Cash and savings togetherLn 1–2$43K
Land, buildings, equipmentLn 10c$530K
Other assetsLn 15$8K
Total assetsLn 16$582K
LiabilitiesLn 26$0
Net assetsLn 32$582K
OperationsPt I, VI
EmployeesI 50
VolunteersI 650
Fiscal year endsHeaderDecember
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 FY21End FY21
Cash and savingsLn 1–2$51K$43K
Land, buildings, equipmentLn 10c$530K$530K
Total assetsLn 16$590K$582K
LiabilitiesLn 26$0$0
Net assetsLn 32$590K$582K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$835$835
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$8K$8K
Other expenses (24a–d)Ln 24$10K$10K
All other expensesLn 24e$0
Total functional expensesLn 25$19K$0$19K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $32K$16K$16K$602K 990 PDF
FY2024 $47K$33K$14K$586K 990 PDF
FY2023 $16K$21K−$4K$572K 990 PDF
FY2022 $13K$19K−$6K$576K 990 PDF
FY2021 Viewing $11K$19K−$8K$582K 990 PDF
FY2020 $11K$15K−$4K$590K 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 FY2021 990 (6 parts)
Part I · Summary $11,264 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $10,030$11,262
I-9 Program service revenue$0
I-10 Investment incomePrior year $2$2
I-11 Other revenuePrior year $832$0
I-12 Total revenuePrior year $10,864$11,264
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $14,687$18,868
I-18 Total expensesPrior year $14,687$18,868
I-19 Revenue less expensesPrior year −$3,823−$7,604
Part VI · Governance 12 of 12 board members independent, 3 to look at
VI-1a Voting members of the governing body12
VI-1b Independent voting members12
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 $11,264 across 4 lines filed
VIII-1f All other contributions, gifts and grants$11,262
VIII-1h Total contributions, gifts and grants$11,262
VIII-3 Investment income$2
VIII-12 Total revenue$11,264
Part IX · Statement of functional expenses $18,868 across 30 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotion$0
IX-13 Office expensesManagement $835$835
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsuranceManagement $8,160$8,160
IX-24 Other expenses (24a–d)Management $9,873$9,873
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $0 · Management $18,868 · Fundraising $0$18,868
Part X · Balance sheet $582,228 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $29,695$22,089
X-2 Savings and temporary cash investmentsStart of year $21,001$21,003
X-8 Inventories for sale or useStart of year $2,134$2,134
X-10c Land, buildings and equipment, netStart of year $529,502$529,502
X-15 Other assetsStart of year $7,500$7,500
X-16 Total assetsStart of year $589,832$582,228
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $589,832$582,228
X-33 Total liabilities and net assetsStart of year $589,832$582,228
Part XI · Reconciliation of net assets $582,228 net assets at year end
XI-1 Total revenue$11,264
XI-2 Total expenses$18,868
XI-3 Revenue less expenses−$7,604
XI-4 Net assets at start of year$589,832
XI-10 Net assets at end of year$582,228

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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