Alexander Memorial Fund FY2021 filing

Tax-deductible

Tulsa, OK501(c)(3)Foundations & GrantmakersEIN 73-0624341Revenue $38K in FY2021

On file with the IRS5620 E 89th St, 74137-2934 · Tulsa, OKTax-exempt since Oct 1954Private non-operating foundation

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The Fund is a supporting organization for 12&12, INC., a residential treatment center serving individuals and their families who are affected by alcoholism and other drug addictions. The Fund specifically supports the family program at 12&12.

501(c)(3) charity; gifts are tax-deductible.
82¢ of each $1 spent went to programs.
$120K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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
0 of 6
filings with a surplus
Average deficit $764K a year · 217% of revenue · last 6 filings
Concern: a surplus in 0 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
82%
of spending
Looks good: 82% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$120K
to officers and key staff · 12% of spending
Looks good: pay to officers and key staff is 12% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.5 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$44K
0.8% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 3 voting members
Concern: none of 3 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$38K
-90% vs prior year
Spent
$1.0M
To programs
82%
Net assets
$5.6M
By yearFY2020–FY2025
Revenue
$38K
FY2021▼ -90%
Tap a bar for its year
Revenue by fiscal year
FY2020$376K
FY2021$38K
FY2022−$230K
FY2023$552K
FY2024$649K
FY2025$724K
Expenses
$1.0M
FY2021▼ -13%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.2M
FY2021$1.0M
FY2022$248K
FY2023$2.7M
FY2024$770K
FY2025$795K
Net assets
$5.6M
FY2021▼ -11%
Tap a bar for its year
Net assets by fiscal year
FY2020$6.3M
FY2021$5.6M
FY2022$5.0M
FY2023$3.0M
FY2024$3.2M
FY2025$3.3M

From the FY2021 Form 990 (year ending June 2021) · see the original

Form 990 (PDF) Claim
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 Oct 1954.

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

Where the money goes

82 cents of each dollar spent went to programs.

Program services 82% · $826K Management & general 18% · $184K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

3 people listed on the 990; $120K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Manager/ Trustee
$100,000Pt VII · Sec A
$10,000Pt VII · Sec A
$10,000Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2022FY2021FY2020
Robert O Laird II$100,020$100,000$100,000$100,000
Frederic N Schneider III$10,000$10,000$10,000$10,000
Clayton Woodrum$10,000$10,000$10,000$10,000

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.

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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 15aYes

Programs and updates

Supports a residential treatment center's family program for addiction recovery.

Provided by the organization

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1 program · $826K · in their own filed words · FY2020
01

The family program's main purpose is to involve the family in the treatment and recovery of the patient through programs and education

$826Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · this organization's grantmaking
Grants paid · 6 grants · $3.9M · 2019–2024
12 & 12 INCOK · FY2022$2,000,000
12 & 12 INCOK · FY2021$27,500
12 & 12 INCOK · FY2020$824,500
12 & 12 INCOK · FY2019$1,000,000

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$38K
Ln 12
Investment incomeLn 3$52K
Money outPt IX
$1.0M
Ln 25
Programscol B$826K
Managementcol C$184K
Owns and owesPt X
$5.6M
net assets · Ln 32
Cash and savingsLn 1–2$42K
Total assetsLn 16$5.7M
LiabilitiesLn 26$44K
PeoplePt VI, VII
3
listed · VII A
PaidVII A3
Voting boardVI 1a3
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$52K
Gains on assetsLn 7$16K
Total revenueLn 12$38K
Assets in detailPt X, end of year
CashLn 1$42K
Cash and savings togetherLn 1–2$42K
InvestmentsLn 11–13$1.8M
Land, buildings, equipmentLn 10c$3.9M
Total assetsLn 16$5.7M
LiabilitiesLn 26$44K
Net assetsLn 32$5.6M
OperationsPt I, VI
EmployeesI 51
VolunteersI 60
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
LineStart FY21End FY21
Cash and savingsLn 1–2$75K$42K
InvestmentsLn 11–13$1.6M$1.8M
Land, buildings, equipmentLn 10c$4.0M$3.9M
Total assetsLn 16$6.4M$5.7M
LiabilitiesLn 26$26K$44K
Net assetsLn 32$6.3M$5.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$824K$824K
Pay of current officers, directors and key staffLn 5$124K$1K$123K
Payroll taxesLn 10$7K$67$7K
Legal feesLn 11b$17K$17K
Investment management feesLn 11f$16K$16K
Office expensesLn 13$115$115
Information technologyLn 14$239$239
Other expenses (24a–d)Ln 24$21K$21K
Total functional expensesLn 25$1.0M$826K$184K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $724K$795K−$71K$3.3M 990 PDF
FY2024 $649K$770K−$122K$3.2M 990 PDF
FY2023 $552K$2.7M−$2.2M$3.0M 990 PDF
FY2022 −$230K$248K−$477K$5.0M 990 PDF
FY2021 Viewing $38K$1.0M−$972K$5.6M 990 PDF
FY2020 $376K$1.2M−$787K$6.3M 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 $37,789 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $377,343$52,263
I-11 Other revenuePrior year −$1,634−$14,474
I-12 Total revenuePrior year $375,709$37,789
I-13 Grants and similar amounts paidPrior year $1,000,000$824,500
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $123,178$130,633
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $39,886$54,232
I-18 Total expensesPrior year $1,163,064$1,009,365
I-19 Revenue less expensesPrior year −$787,355−$971,576
Part VI · Governance 0 of 3 board members independent, no flags
VI-1a Voting members of the governing body3
VI-1b Independent voting members0
VI-2 Family or business relationship among officers or directorsNo
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 $37,789 across 4 lines filed
VIII-3 Investment incomeExcluded from tax $35,778$35,778
VIII-6 Net rental income or lossExcluded from tax −$14,474−$14,474
VIII-7 Net gain or loss on sales of assetsRelated to mission $16,485$16,485
VIII-12 Total revenueRelated to mission $16,485 · Unrelated business $0 · Excluded from tax $21,304$37,789
Part IX · Statement of functional expenses $1,009,365 across 8 lines filed
IX-1 Grants to domestic organizationsPrograms $824,500$824,500
IX-5 Pay of current officers, directors and key staffPrograms $1,238 · Management $122,512$123,750
IX-10 Payroll taxesPrograms $67 · Management $6,816$6,883
IX-11b Legal feesManagement $16,788$16,788
IX-11f Investment management feesManagement $15,975$15,975
IX-13 Office expensesManagement $115$115
IX-14 Information technologyManagement $239$239
IX-24 Other expenses (24a–d)Management $21,115$21,115
IX-25 Total functional expensesPrograms $825,805 · Management $183,560 · Fundraising $0$1,009,365
Part X · Balance sheet $5,677,155 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $74,780$42,368
X-9 Prepaid expenses and deferred chargesStart of year $10,986$10,479
X-10c Land, buildings and equipment, netStart of year $4,020,728$3,853,290
X-11 Publicly traded securitiesStart of year $1,565,827$1,771,018
X-16 Total assetsStart of year $6,361,821$5,677,155
X-17 Accounts payable and accrued expensesStart of year $7,962$25,920
X-25 Other liabilitiesStart of year $18,519$18,519
X-26 Total liabilitiesStart of year $26,481$44,439
X-27 Net assets without donor restrictionsStart of year $6,335,340$5,632,716
X-32 Total net assets or fund balancesStart of year $6,335,340$5,632,716
X-33 Total liabilities and net assetsStart of year $6,361,821$5,677,155
Part XI · Reconciliation of net assets $5,632,716 net assets at year end
XI-1 Total revenue$37,789
XI-2 Total expenses$1,009,365
XI-3 Revenue less expenses−$971,576
XI-4 Net assets at start of year$6,335,340
XI-5 Net unrealized gains (losses) on investments$268,953
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$5,632,716

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

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