STRATEGY STUDIO / PUBLIC DATA EXPLORER

ADVANTAGE TESTING FOUNDATION INC: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
ADVANTAGE TESTING FOUNDATION INC (EIN 20-8379593)
Tax period
2022-07-01 to 2023-06-30
Filed
2024-05-13
IRS object ID
202421349349300022
Schema version
2022v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-05-13T08:23:01-05:00ReturnTs
Tax Period End2023-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN131655065PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1LUTZ AND CARR CPAS LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1551 FIFTH AVENUE SUITE 400AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10176ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN208379593EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ADVANTAGE TESTING FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlADVABusinessNameControlTxt
Phone2127448800PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1241 EAST 86TH STREET 2AAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10028ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonARUN ALAGAPPANPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone2127448800PhoneNum
Signature2024-05-10SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstARUNPersonFirstNm
Person LastALAGAPPANPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonFREDERICK MARTENSPreparerPersonNm
PTINP00298107PTIN
Phone2126972299PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Principal OfficerARUN ALAGAPPANPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1241 EAST 86TH STREET 2AAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10028ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$672,656GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.ATFOUNDATION.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2007FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionTHE ADVANTAGE TESTING FOUNDATION WAS ESTABLISHED: 1) TO HELP UNDERREPRESENTED STUDENTS PURSUE THEIR ACADEMIC AND PROFESSIONAL AMBITIONS THROUGH INNOVATIVE PROGRAMS AND PARTNERSHIPS, ESPECIALLY WITH LEADING UNIVERSITIES, AND 2) TO PROMOTE NEW WAYS OF THINKING ABOUT ACCESS TO HIGHER EDUCATION.ActivityOrMissionDesc
Voting Members Governing Body11VotingMembersGoverningBodyCnt
Voting Members Independent11VotingMembersIndependentCnt
Total Employee6TotalEmployeeCnt
Total Volunteers81TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$14,624,482PYContributionsGrantsAmt
CY Contributions Grants$575,461CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$1,203PYInvestmentIncomeAmt
CY Investment Income$97,195CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$14,625,685PYTotalRevenueAmt
CY Total Revenue$672,656CYTotalRevenueAmt
PY Grants And Similar Paid$138,921PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$257,112CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$221,473PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$258,855CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$138,941PYOtherExpensesAmt
CY Other Expenses$273,295CYOtherExpensesAmt
PY Total Expenses$499,335PYTotalExpensesAmt
CY Total Expenses$789,262CYTotalExpensesAmt
PY Revenues Less Expenses$14,126,350PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$116,606CYRevenuesLessExpensesAmt
Total Assets BOY$14,526,745TotalAssetsBOYAmt
Total Assets EOY$14,850,597TotalAssetsEOYAmt
Total Liabilities BOY$37,197TotalLiabilitiesBOYAmt
Total Liabilities EOY$43,932TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$14,489,548NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$14,806,665NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionOUR MISSION IS TO PROVIDE EDUCATIONAL TUTORING, STANDARDIZED TEST PREPARATION AND ACADEMIC COUNSELING TO LOW-INCOME AND OTHER UNDER-REPRESENTED STUDENTS AND THEREBY IMPROVE THEIR ACCESS TO INSTITUTIONS OF HIGHER LEARNING SUCH AS LEADING COLLEGES AND LAW SCHOOLS. THE ADVANTAGE TESTING FOUNDATION WORKS WITH SUCH INSTITUTIONS TO DELIVER SPECIAL ON-SITE PROGRAMS AND CLASSES AND MAKES CONTRIBUTIONS TO OTHER CHARITABLE ORGANIZATIONS ORGANIZED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$251,093ExpenseAmt
Grant$111,726GrantAmt
DescTRIALSTRIALS (THE TRAINING AND RECRUITMENT INITIATIVE FOR ADMISSION TO LEADING LAW SCHOOLS) IS A FULLY SUBSIDIZED SUMMER STUDY PROGRAM FOR ASPIRING LAW STUDENTS WHO HAVE OVERCOME ADVERSITY AND WHOSE SOCIOECONOMIC BACKGROUNDS ARE CURRENTLY UNDERREPRESENTED IN THE NATION'S LEADING LAW SCHOOLS. HARVARD LAW SCHOOL AND THE NYU SCHOOL OF LAW PARTNER WITH THE ADVANTAGE TESTING FOUNDATION TO DELIVER THE ANNUAL RESIDENTIAL PROGRAM. STUDENTS WHO PARTICIPATE DEVELOP THE SKILLS AND CREDENTIALS THEY NEED TO EARN ADMISSION TO LAW SCHOOL. AT THE BEGINNING OF THE PROGRAM, STUDENTS TAKE A DIAGNOSTIC LSAT (THE STANDARDIZED ADMISSION EXAM FOR LAW SCHOOL). THE MEDIAN STARTING LSAT SCORE FOR OUR STUDENTS IS AT THE 44TH PERCENTILE. TO DATE, THE MEDIAN TEST SCORE INCREASE FOR TRIALS STUDENTS WHO HAVE TAKEN THE OFFICIAL LSAT IS MORE THAN 40 PERCENTILE POINTS. TRIALS STUDENTS HAVE EARNED ADMISSION TO ALL OF THE TOP 14 LAW SCHOOLS IN THE NATION INCLUDING HARVARD, YALE, NYU, STANFORD, COLUMBIA, AND THE UNIVERSITY OF CHICAGO.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$383,346ExpenseAmt
Grant$107,386GrantAmt
DescMATH PRIZE FOR GIRLSTHE MATH PRIZE FOR GIRLS, THE LARGEST MATH PRIZE FOR GIRLS IN THE WORLD, IS AN ANNUAL NATIONWIDE MATH COMPETITION CREATED TO 1) PROMOTE GENDER EQUITY IN MATHEMATICS BY RECOGNIZING TALENTED GIRLS WHO EXCEL IN MATH, AND 2) UNDERSCORE THE IMPORTANCE OF MATHEMATICS TO OUR NATION'S FUTURE.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$92,062ExpenseAmt
Grant$28,000GrantAmt
DescLEDATHE ADVANTAGE TESTING FOUNDATION SUPPORTS LEDA (LEADERSHIP ENTERPRISE FOR A DIVERSE AMERICA), A PARTNERSHIP WITH PRINCETON UNIVERSITY THAT CONSISTS OF A RIGOROUS SUMMER COLLEGE PREPARATORY PROGRAM AND ONGOING COUNSELING. THE PROGRAM SEEKS TO INSTILL LEADERSHIP SKILLS IN TALENTED STUDENTS OF MODEST MEANS FROM PREDOMINANTLY PUBLIC SCHOOLS NATIONWIDE. THE AT FOUNDATION ALSO PROVIDES PRO BONO CLASSROOM SAT AND ACT PREPARATION TUTORING DURING THIS SUMMER PROGRAM.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$19,434ExpenseAmt
Grant$10,000GrantAmt
DescPREP FOR PREPTHE FOUNDATION SUPPORTS PREP FOR PREP, A LEADERSHIP DEVELOPMENT PROGRAM FOR NEW YORK CITY STUDENTS OF UNDERREPRESENTED MINORITY BACKGROUNDS. IN ADDITION TO FINANCIAL SUPPORT FOR PREP FOR PREP, THE FOUNDATION PROVIDES PRO BONO CLASSROOM SAT AND ACT PREPARATION FOR SELECT PREP FOR PREP JUNIORS DURING THE ACADEMIC YEAR.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$19,434TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$10,000TotalOtherProgSrvcGrantAmt
Total Program Service Expenses$745,935TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document49IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee6EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members11GoverningBodyVotingMembersCnt
Independent Voting Member11IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE ORGANIZATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2127448800PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1241 EAST 86TH STREET 2AAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10028ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (11 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
ARUN ALAGAPPAN
PRESIDENT20.00Yes (X)Yes (X)$0$0$0
JOHN MANNING
VICE PRESIDENT1.00Yes (X)Yes (X)$0$0$0
MARTHA MINOW
VICE PRESIDENT1.00Yes (X)Yes (X)$0$0$0
JOHN SEXTON
VICE PRESIDENT1.00Yes (X)Yes (X)$0$0$0
SHIRLEY TILGHMAN
VICE PRESIDENT1.00Yes (X)Yes (X)$0$0$0
J TOMLINSON HILL
TREASURER1.00Yes (X)Yes (X)$0$0$0
LAUREN FRANK
TRUSTEE1.00Yes (X)$0$0$0
BK FULTON
TRUSTEE1.00Yes (X)$0$0$0
SANDOR LEHOCZKY
TRUSTEE1.00Yes (X)$0$0$0
BETH NASH
TRUSTEE1.00Yes (X)$0$0$0
JACQUELYN E STONE
TRUSTEE1.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$575,461AllOtherContributionsAmt
Total Contributions$575,461TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$97,195TotalRevenueColumnAmt
Exclusion$97,195ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$672,656TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$97,195ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$38,000TotalAmt
Program Services$38,000ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$219,112TotalAmt
Program Services$219,112ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$237,170TotalAmt
Program Services$218,875ProgramServicesAmt
Management And General$18,295ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$18,144TotalAmt
Program Services$16,744ProgramServicesAmt
Management And General$1,400ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$3,541TotalAmt
Program Services$3,268ProgramServicesAmt
Management And General$273ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$16,838TotalAmt
Management And General$16,838ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$75,971TotalAmt
Program Services$75,971ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$51,603TotalAmt
Program Services$50,670ProgramServicesAmt
Management And General$933ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$11,613TotalAmt
Program Services$8,013ProgramServicesAmt
Management And General$3,600ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$111,292TotalAmt
Program Services$111,292ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,049TotalAmt
Management And General$1,049ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
STORAGE$2,923$2,923
MISCELLANEOUS EXPENSES$1,678$835$843
BANK FEES$328$232$96

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$789,262TotalAmt
Program Services$745,935ProgramServicesAmt
Management And General$43,327ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$546,270BOYAmt
EOY$189,643EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$4,851,143BOYAmt
EOY$40,003EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$9,111,228BOYAmt
EOY$7,422,651EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$18,104BOYAmt
EOY$16,244EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$13,260LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$13,260LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
EOY$7,182,056EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$14,526,745BOYAmt
EOY$14,850,597EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$37,197BOYAmt
EOY$43,932EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$37,197BOYAmt
EOY$43,932EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$377,179BOYAmt
EOY$201,958EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$14,112,369BOYAmt
EOY$14,604,707EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$14,489,548BOYAmt
EOY$14,806,665EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$14,526,745BOYAmt
EOY$14,850,597EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$116,606ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$433,723NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewYes (1)AccountantCompileOrReviewInd

Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
FS Audited0FSAuditedInd
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$329,252CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$103,616CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$398,098CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$14,624,482CurrentTaxYearMinus1YearAmt
Current Tax Year$575,461CurrentTaxYearAmt
Total$16,030,909TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$329,252CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$103,616CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$398,098CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$14,624,482CurrentTaxYearMinus1YearAmt
Current Tax Year$575,461CurrentTaxYearAmt
Total$16,030,909TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$14,379,416SubstantialContributorsTotAmt
Public Support Total170$1,651,493PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,117CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,226CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$172CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,203CurrentTaxYearMinus1YearAmt
Current Tax Year$97,195CurrentTaxYearAmt
Total$103,913TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$2,452CurrentTaxYearMinus2YearsAmt
Total$2,452TotalAmt
FieldValueIRS element (for citing)
Total Support$16,137,274TotalSupportAmt
Public Support CY1700.10230PublicSupportCY170Pct
Public Support PY1700.09110PublicSupportPY170Pct
Ten Pct Facts Crcmstncs Test CYYes (X)TenPctFactsCrcmstncsTestCYInd
Facts And Circumstances TestTHE FOUNDATION DOES NOT QUALIFY AS PUBLICLY SUPPORTED UNDER THE 33 1/3% TEST.THE FOUNDATION HAS A SOLICITATION PLAN FOR ATTRACTING PUBLIC SUPPORT AND A BROAD REPRESENTATIVE GOVERNING BODY. THE FOUNDATION CURRENTLY RECEIVES A LARGE PERCENTAGE OF ITS SUPPORT FROM THE GENERAL PUBLIC, AND ITS PUBLIC SUPPORT PERCENTAGE FOR THE 2022 TAX YEAR ENDED JUNE 30, 2023 WAS 10.23%. BASED ON THESE FACTS AND CIRCUMSTANCES, THE ORGANIZATION QUALIFIES FOR NON-PRIVATE FOUNDATION STATUS UNDER THE FACTS AND CIRCUMSTANCES TEST OF IRC SEC 170(B)(1)(A)(VI).FactsAndCircumstancesTestTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$5,001,141BeginningYearBalanceAmt
Contributions$2,000,000ContributionsAmt
Investment Earnings Or Losses$530,915InvestmentEarningsOrLossesAmt
Other Expenditures$350,000OtherExpendituresAmt
End Year Balance$7,182,056EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Contributions$5,000,000ContributionsAmt
Investment Earnings Or Losses$1,141InvestmentEarningsOrLossesAmt
End Year Balance$5,001,141EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.00000BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.97465PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.02535TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$13,260OtherCostOrOtherBasisAmt
Depreciation$13,260DepreciationAmt
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART V, LINE 4:FormAndLineReferenceDesc
ExplanationTHE FOUNDATION'S ENDOWMENT WAS ESTABLISHED IN FISCAL YEAR 2022 TO SUPPORT, MAINTAIN AND GROW THE ADVANTAGE TESTING FOUNDATION/JANE STREET MATH PRIZE FOR GIRLS (MP4G).ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxt
LEADERSHIP ENTERPRISE FOR A DIVERSE AMERICA
501 SEVENTH AVENUE 7TH FLNEW YORKNY10018331071771501(C)(3)$28,000$0TO SUPPORT VARIOUS FACETS OF THE ORGANIZATION IN ITS MISSION TO CULTIVATE YOUNG LEADERS OF DIVERSE BACKGROUNDS THROUGH A RIGOROUS SEVEN-WEEK RESIDENTIAL PROGRAM HELD AT PRINCETON UNIVERSITY
PREP FOR PREP
238 WEST 71ST STREETNEW YORKNY10023132613383501(C)(3)$10,000$0TO SUPPORT PREP FOR PREP IN DEVELOPING ETHICAL AND EFFECTIVE LEADERS WHO REFLECT OUR DIVERSE SOCIETY FOR THE ENDURING BENEFIT OF ALL.
FieldValueIRS element (for citing)
Total501c3 Org2Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (3 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtValuation Method UsedValuationMethodUsedDescNon Cash AssistanceNonCashAssistanceDesc
TROPHY RECIPIENTS35$0$3,986ACTUAL PURCHASE AMOUNTMEDAL AWARDS GIVEN TO RECIPIENTS
STIPENDS FOR STUDENTS AND TEACHERS ASSISTANTS ACCEPTED IN THE TRIALS PROGRAMS45$111,250$476ACTUAL PURCHASE AMOUNTMEDAL AWARDS GIVEN TO RECIPIENTS
MATH PRIZE FOR GIRLS17$103,400$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE PRESIDENT OF THE BOARD OF TRUSTEES OF THE ADVANTAGE TESTING FOUNDATION SERVED UNTIL 2022 AS VICE PRESIDENT OF THE BOARD OF TRUSTEES OF LEDA, AN ORGANIZATION THE FOUNDATION SUPPORTS FINANCIALLY AND WITH IN-KIND CONTRIBUTIONS. IN THIS ROLE, THE PRESIDENT MONITORS AND HELPS DECIDE HOW TO APPROPRIATELY SPEND THE FUNDS AWARDED. THE BOARD PRESIDENT IS ALSO A MEMBER OF THE BOARD OF TRUSTEES OF PREP FOR PREP, WHICH THE FOUNDATION SUPPORTS BY PROVIDING PRO BONO CLASSROOM INSTRUCTION AND ANNUAL FINANCIAL CONTRIBUTIONS. IN THIS ROLE, THE PRESIDENT MONITORS ANNUAL EXPENDITURES OF PREP FOR PREP AND TRACKS THE SUCCESS OF ITS PROGRAMS.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE PRESIDENT OF THE BOARD AND THE TREASURER BOTH REVIEW THE RETURN BEFORE IT IS FILED.
FORM 990, PART VI, SECTION B, LINE 12CEACH DIRECTOR OR OFFICER OF THE FOUNDATION IS REQUIRED TO DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICT OF INTEREST PRIOR TO A VOTE ON ANY PROPOSED TRANSACTION. IF THERE IS A CONFLICT OF INTEREST, THE DIRECTOR OR OFFICER MAY NOT PARTICIPATE IN FINAL DELIBERATION REGARDING THE MATTER UNDER CONSIDERATION AND MAY NOT VOTE ON THE MATTER. DIRECTORS AND OFFICERS MUST DISCLOSE ANY POTENTIAL CONFLICT OF INTEREST ANNUALLY. ALL NEW OFFICERS AND OFFICERS ARE PROVIDED WITH A COPY OF THE FOUNDATION'S CONFLICT OF INTEREST POLICY PRIOR TO ASSUMING RESPONSIBILITIES.
FORM 990, PART VI, SECTION C, LINE 19ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.