Asms Supporting Organization: Nonprofit Profile, Financials & Form 990 (EIN 92-0980505)

Revenue by fiscal year
FY2023	$7.0M
FY2024	$4.6M
FY2025	$117K

Expenses by fiscal year
FY2023	$330K
FY2024	$427K
FY2025	$117K

Net assets by fiscal year
FY2023	$6.6M
FY2024	$10.7M
FY2025	$10.7M

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 2023.

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

Part of a larger organization · Schedule R

Asms Supporting Organization files its own Form 990, but Schedule R discloses 3 related entities — figures on this page are for this EIN only, not the whole group.

Alabama High School of Mathematics and Science Foundation · Caroline Avenue Property Company INC · Alabama High School of Mathematics and Science Foundation · See Schedule R

Combined filings · FY2025 · 3 entities with data

Simple sum of each entity's Form 990 headline figures — not audited consolidated financials. This page's EIN is 3% of group revenue.

Group revenue

$4.2M

Group expenses

$3.9M

Group net assets

$17.6M

Alabama High School of Mathematics and Science Foundation · $4.3M rev · $6.4M net assets

Caroline Avenue Property Company INC · −$209K rev · $469K net assets

Where the money goes

100 cents of each dollar spent went to programs.

100%

Program services 100% · $117K

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

3 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII

Kesshia Davis

President

$0Pt VII · Sec A

Pam Doyle

Vice President

$0Pt VII · Sec A

Tyrone Fenderson JR

Secretary and Treasurer

$0Pt VII · Sec A

See Asms Supporting Organization executive salaries →

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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

Supports Alabama's high school for math and science students.

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Provided by the organization

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1 program · $117K · in their own filed words · FY2024

01

Asms supporting organization made a loan to asms investment fund, which then in turn made a loan to a cde which then made a loan to caroline avenue property company, inc., an alabama nonprofit corporation and another supporting nonprofit organization of alabama high school of mathematics and science, an educational institution of the…

$117Kprogram 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 · 2 grants · $146K · 2023–2024

Alabama High School of Mathematics and Science FoundationAL · FY2024$116,973

Alabama High School of Mathematics and Science FoundationAL · FY2023$29,235

By the numbers

The FY2025 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$117K

Ln 12

Investment incomeLn 3$117K

Money outPt IX

$117K

Ln 25

Programscol B$117K

Owns and owesPt X

$10.7M

net assets · Ln 32

Cash and savingsLn 1–2$227K

Total assetsLn 16$10.9M

LiabilitiesLn 26$146K

PeoplePt VI, VII

3

listed · VII A

PaidVII A0

Voting boardVI 1a3

IndependentVI 1b3

2In more detail

Revenue in detailPt VIII

Investment incomeLn 3$117K

Total revenueLn 12$117K

Assets in detailPt X, end of year

CashLn 1$227K

Cash and savings togetherLn 1–2$227K

Total assetsLn 16$10.9M

LiabilitiesLn 26$146K

Net assetsLn 32$10.7M

OperationsPt I, VI

EmployeesI 50

VolunteersI 63

Fiscal year endsHeaderSeptember

Conflict-of-interest policyVI 12aYes

Whistleblower policyVI 13No

Records policyVI 14Yes

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY25	End FY25
Cash and savingsLn 1–2	$110K	$227K
Total assetsLn 16	$10.7M	$10.9M
LiabilitiesLn 26	$29K	$146K
Net assetsLn 32	$10.7M	$10.7M

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Grants to domestic organizationsLn 1	$117K	$117K
Total functional expensesLn 25	$117K	$117K	$0	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2025 Latest Viewing	$117K	$117K	$0	$10.7M	990 PDF
FY2024	$4.6M	$427K	$4.1M	$10.7M	990 PDF
FY2023	$7.0M	$330K	$6.6M	$6.6M	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 FY2025 990 (6 parts)

Part I · Summary $116,973 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $4,449,448$0

I-9 Program service revenuePrior year $0$0

I-10 Investment incomePrior year $116,971$116,973

I-11 Other revenuePrior year $0$0

I-12 Total revenuePrior year $4,566,419$116,973

I-13 Grants and similar amounts paidPrior year $29,235$116,973

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

I-15 Salaries and benefitsPrior year $0$0

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

I-17 Other expensesPrior year $397,523$0

I-18 Total expensesPrior year $426,758$116,973

I-19 Revenue less expensesPrior year $4,139,661$0

Part VI · Governance 3 of 3 board members independent, 2 to look at

VI-1a Voting members of the governing body3

VI-1b Independent voting members3

VI-13 Written whistleblower 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

VI-14 Document retention and destruction policyYes

Part VIII · Statement of revenue $116,973 across 2 lines filed

VIII-3 Investment incomeExcluded from tax $116,973$116,973

VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $116,973$116,973

Part IX · Statement of functional expenses $116,973 across 1 line filed

IX-1 Grants to domestic organizationsPrograms $116,973$116,973

IX-25 Total functional expensesPrograms $116,973 · Management $0 · Fundraising $0$116,973

Part X · Balance sheet $10,861,223 assets, 7 lines filed

Asset lines not itemized here account for $10,633,750; see the IRS return.

X-1 Cash, non-interest-bearingStart of year $110,500$227,473

X-16 Total assetsStart of year $10,744,250$10,861,223

X-25 Other liabilitiesStart of year $29,235$146,208

X-26 Total liabilitiesStart of year $29,235$146,208

X-27 Net assets without donor restrictionsStart of year $10,715,015$10,715,015

X-32 Total net assets or fund balancesStart of year $10,715,015$10,715,015

X-33 Total liabilities and net assetsStart of year $10,744,250$10,861,223

Part XI · Reconciliation of net assets $10,715,015 net assets at year end

XI-1 Total revenue$116,973

XI-2 Total expenses$116,973

XI-3 Revenue less expenses$0

XI-4 Net assets at start of year$10,715,015

XI-9 Other changes in net assets$0

XI-10 Net assets at end of year$10,715,015

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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Asms Supporting Organization

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

Questions the 990 asks

Programs and updates

Questions for Asms Supporting Organization

Funders

Grants

Related Organizations

By the numbers

Filing history

Schedules filed Part IV