Anthem Foundation for Objectivist EIN 91-2145352 Form 990 (PDF) Claim this org

Anthem Foundation for Objectivist FY2021 filing

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Funds academic professionals studying Ayn Rand's philosophy and provides resources for others interested in her ideas. For fiscal year 2021 it reported $179K in revenue, $145K in expenses, and $397K in net assets.Pt I

Type
Unknown exempt organization · Nonprofit
Location
Santa Ana, CA
Website
www.anthemfoundation.org
Filings
6 on file (2020–2021)
Revenue
$179KFY2021
Expenses
$145K
Net assets
$397K
People
18
Filings
6
Updates
0
More identity details & actions ⌄
EIN  91-2145352 Unknown exempt organization Santa Ana, CA
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Funds academic professionals studying Ayn Rand's philosophy and provides resources for others interested in her ideas.
Leadership
Yaron Brook · Director
Money in and out
$179K revenue, $145K expenses
Bottom line
+19% surplus margin
Reported financial activity · FY2021
Total revenue
$179K
Pt VIII · Ln 12
Total expenses
$145K
Pt IX · Ln 25
Net assets
$397K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $35K
Where spending went · Part IX cols B–D
Program services $1.00 Management & general $0.01 Fundraising $0.01
Surplus margin
+19%
revenue over expenses, this year
Program spending
100%
of expenses reach programs

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$179K
FY2021▼ -12%
Expenses
$145K
FY2021▲ +50%
Total assets
$401K
FY2021▲ +10%
Total liabilities
$4K
FY2021▲ +19%
Total revenue
$179K
Pt VIII · Ln 12
Total expenses
$145K
Pt IX · Ln 25
Net assets
$397K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$35K
Total assetsPt X · Ln 16$401K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 45

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CAnthem Foundation for Objectivist
EINHdr · item D91-2145352
Principal addressHdr · item CSanta Ana, CA
WebsiteHdr · item Jwww.anthemfoundation.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFpending

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Controller
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

2 program services account for $286K of program spending, described in the organization's own filed words · FY2020.
01

Fellowships & Multi-Year Gifts

The foundation provides fellowships and grants to universities, to promote the study of objectivism.

$145Kprogram expense
02

Fellowships & Multi-Year Gifts

The foundation provides fellowships and grants to universities, to promote the study of objectivism.

$141Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants100%$179K
Investment income$108
Total revenueLn 12$179K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00 Management & general $0.01 Fundraising $0.01
Program services100%$145K
Management & general1%$2K
Fundraising1%$1K
Total functional expensesLn 25$145K

Balance Sheet

Part X · end of year
CashLn 1$401K
Total assetsLn 16$401K
Total liabilitiesLn 26$4K
Total net assetsLn 32$397K
Months of cash on handcomputed33.3

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $401K · Operating expenses (Pt IX) $145K · Less non-cash grants $11K · Cash operating expenses/yr $133K
36.1 months
Where the money goes
Program services
Program services $145K · Total expenses $145K
100%
Management & General
Management & general $0 · Total expenses $145K
0%
Fundraising
Fundraising $0 · Total expenses $145K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $4 · Solicited contributions (2-yr avg) $190K
$0.00 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $179K · Total revenue $179K
100%
Government reliance
Government grants — · Total revenue $179K
Earned-income share
Program service revenue $0 · Total revenue $179K
0%
Investment reliance
Investment income $108 · Total revenue $179K
+0.06%
Program self-sufficiency
Program service revenue $0 · Total expenses $145K
0%
Growth & trend
Revenue growth (YoY)
This year $179K · Prior year $204K
-12%
Net-asset trend (YoY)
End of year $397K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $179K · Expenses $145K
+19%
Liabilities-to-Assets
Total liabilities — · Total assets $401K
Net-asset ratio
Net assets $397K · Total assets $401K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $401K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Yaron Brook · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $145K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $145K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 1%
Fundraising cost ratio 0.8%
Revenue growth -12%
Accounting fee ratio 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$40K
Grants paid · 12 grants · $872K · 2019–2024
University of TexasFY2024$88,325
University of TexasFY2023$120,000
Unitemized GrantFY2023$34,375
University of TexasFY2022$120,000
University of TexasFY2022$50,000
Unitemized GrantFY2022$6,875
University of TexasFY2021$120,000
University of TexasFY2020$120,000
University of TexasFY2020$120,000
Seton Hall UniversityNJ · FY2020$20,833
Seton Hall UniversityNJ · FY2020$20,833
Unitemized GrantFY2019$50,822

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025$79K revenue · ⤓ 990 PDF
FY2024$219K revenue · ⤓ 990 PDF
FY2023$234K revenue · ⤓ 990 PDF
FY2022$248K revenue · ⤓ 990 PDF
FY2021$179K revenue · viewing · ⤓ 990 PDF
FY2020$204K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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