ARMY SCHOLARSHIP FOUNDATION INC: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- ARMY SCHOLARSHIP FOUNDATION INC (EIN 74-2996331)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-06-17
- IRS object ID
- 202341689349300009
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-06-17T17:33:00-05:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 742996331 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Army Scholarship Foundation Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Jeff Gault | InCareOfNm |
| Business Name Control | ARMY | BusinessNameControlTxt |
| Phone | 7035875181 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11700 Preston Road Ste 660-301 | AddressLine1Txt |
| City | Dallas | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 752306112 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JEFF GAULT | PersonNm |
| Person Title | Chairman CEO | PersonTitleTxt |
| Phone | 7035875181 | PhoneNum |
| Signature | 2023-06-17 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JEFF | PersonFirstNm |
| Person Last | GAULT | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | false | IRSResponsiblePrtyInfoCurrInd |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 1 | TrustedCustomerCd |
| Authentication Assurance Level | AAL2 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JEFF GAULT | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11700 Preston Road Ste 660-31 | AddressLine1Txt |
| City | Dallas | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 752306112 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $484,248 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.armyscholarshipfoundation.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2001 | FormationYr |
| Legal Domicile State | TX | LegalDomicileStateCd |
| Activity Or Mission | Provide college level academic scholarships to the children and spouses of active duty US Military | ActivityOrMissionDesc |
| Voting Members Governing Body | 5 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 5 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $440,683 | PYContributionsGrantsAmt |
| CY Contributions Grants | $541,755 | CYContributionsGrantsAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $35,430 | PYInvestmentIncomeAmt |
| CY Investment Income | -$57,507 | CYInvestmentIncomeAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $476,113 | PYTotalRevenueAmt |
| CY Total Revenue | $484,248 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $275,834 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $270,828 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $6,330 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $20,370 | PYOtherExpensesAmt |
| CY Other Expenses | $23,745 | CYOtherExpensesAmt |
| PY Total Expenses | $296,204 | PYTotalExpensesAmt |
| CY Total Expenses | $294,573 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $179,909 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $189,675 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,146,243 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,337,001 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $841 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,924 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $1,145,402 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $1,335,077 | NetAssetsOrFundBalancesEOYAmt |
| Mission | Provide college level academic scholarships to the children of soldier in the U.S. Military and spouses of U.S. Military active duty enclisted soldiers | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $281,295 | ExpenseAmt |
| Revenue | $541,755 | RevenueAmt |
| Desc | The Army Scholarship Foundation (ASF) grants academic scholarships to the children of soldiers and spouses of active duty enlisted soldiers. ASF actively solicits and receives contributions from the general public, foundations and corporations to fund its activities. The scholarhsips allow eligible receiptents the opportunity to pursue their education where they might otherwise be unable to do so. 289 scholarships valued at $284,828 were awwarded in 2022. A total 479 applications for scholarships were received. | Desc |
| Total Program Service Expenses | $281,295 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | false | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| IRP Document | 3 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | false | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Excs Tax Sect4951 Or4952 Or4953 | false | ExcsTaxSect4951Or4952Or4953Ind |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 5 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 5 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | false | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JEFF GAULT | PersonNm |
| Phone | 7035875181 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11700 Preston Road Ste 660-31 | AddressLine1Txt |
| City | Dallas | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 752306112 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| JEFF GAULT | ||||||
| Chairman CEO | 15.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| KEIRN BROWN | ||||||
| Board Member | 1.000 | Yes (X) | $0 | $0 | $0 | |
| MICHAEL GONZALES | ||||||
| Board Member | 1.000 | Yes (X) | $0 | $0 | $0 | |
| CHRISTOPHER LEPP | ||||||
| Board Member | 1.000 | Yes (X) | $0 | $0 | $0 | |
| ELLEN HOULIHAN | ||||||
| Board Member | 1.000 | Yes (X) | $0 | $0 | $0 | |
| ROSE GAULT | ||||||
| President | 15.00 | Yes (X) | $0 | $0 | $0 | |
| JOEL GRAY | ||||||
| Secretary | 1.000 | Yes (X) | $0 | $0 | $0 | |
| PHILLIP SHEARER | ||||||
| Treasurer | 1.000 | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | NONE | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising | $49,280 | FundraisingAmt |
| All Other Contributions | $492,475 | AllOtherContributionsAmt |
| Total Contributions | $541,755 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$57,507 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$57,507 | RelatedOrExemptFuncIncomeAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $484,248 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$57,507 | RelatedOrExemptFuncIncomeAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $270,828 | TotalAmt |
| Program Services | $270,828 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,853 | TotalAmt |
| Program Services | $5,015 | ProgramServicesAmt |
| Management And General | $5,838 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,985 | TotalAmt |
| Program Services | $3,194 | ProgramServicesAmt |
| Fundraising | $4,791 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,198 | TotalAmt |
| Program Services | $1,496 | ProgramServicesAmt |
| Management And General | $286 | ManagementAndGeneralAmt |
| Fundraising | $416 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $626 | TotalAmt |
| Program Services | $313 | ProgramServicesAmt |
| Management And General | $313 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Dues & Subscriptions | $897 | $449 | $448 | |
| Bank & Credit Card Fees | $1,123 | $1,123 | ||
| Volunteer Appreciation | $63 | $63 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $294,573 | TotalAmt |
| Program Services | $281,295 | ProgramServicesAmt |
| Management And General | $6,948 | ManagementAndGeneralAmt |
| Fundraising | $6,330 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,062 | BOYAmt |
| EOY | $48,155 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $4,500 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $52 | BOYAmt |
| EOY | $52 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,119,129 | BOYAmt |
| EOY | $1,252,294 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $32,000 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,146,243 | BOYAmt |
| EOY | $1,337,001 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $841 | BOYAmt |
| EOY | $1,924 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $841 | BOYAmt |
| EOY | $1,924 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $699,982 | BOYAmt |
| EOY | $663,208 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $445,420 | BOYAmt |
| EOY | $671,869 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,145,402 | BOYAmt |
| EOY | $1,335,077 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,146,243 | BOYAmt |
| EOY | $1,337,001 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $189,675 | ReconcilationRevenueExpnssAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $279,987 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $273,941 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $344,189 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $440,683 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $541,755 | CurrentTaxYearAmt |
| Total | $1,880,555 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $279,987 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $273,941 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $344,189 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $440,683 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $541,755 | CurrentTaxYearAmt |
| Total | $1,880,555 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $150,000 | SubstantialContributorsTotAmt |
| Public Support Total170 | $1,730,555 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $9,671 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $19,157 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $18,906 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $35,450 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | -$57,507 | CurrentTaxYearAmt |
| Total | $25,677 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $1,906,232 | TotalSupportAmt |
| Public Support CY170 | 0.90784 | PublicSupportCY170Pct |
| Public Support PY170 | 0.82460 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Written Policy Monitoring | false | WrittenPolicyMonitoringInd |
| Section170h Rqr Stsfd | false | Section170hRqrStsfdInd |
| Solicited Assets Sale | false | SolicitedAssetsSaleInd |
| Agent Trustee Etc | false | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | false | InclEscrowCustodialAcctLiabInd |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Other Securities OtherSecuritiesGrp (3 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| Bank Certificates of Deposit | $243,281 | F |
| Bank MMA Savings Account | $514,760 | F |
| Public Held Equity Intersts | $494,253 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $1,252,294 | TotalBookValueSecuritiesAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp (3 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| Fundraising Advance Fees Arizona Dep | $32,000 | C |
| of Transportation Customized License | ||
| Fee Program |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $32,000 | TotalBookValueProgramRltdAmt |
| Total Rev Etc Audited Fincl Stmt | $484,248 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $484,248 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $484,248 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $294,573 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $294,573 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $294,573 | TotalExpensesPerForm990Amt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Luncheon | Event1Nm |
| Gross Receipts Event1 | $84,535 | GrossReceiptsEvent1Amt |
| Gross Revenue Event1 | $84,535 | GrossRevenueEvent1Amt |
| Food And Beverage Event1 | $25,538 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $3,000 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $6,717 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $84,535 | GrossReceiptsTotalAmt |
| Gross Revenue Total Events | $84,535 | GrossRevenueTotalEventsAmt |
| Food And Beverage Total Events | $25,538 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $3,000 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $6,717 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $35,255 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $49,280 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
| Total501c3 Org | 0 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc |
|---|---|---|---|---|
| College ScholarshStmt 1 | 286 | $275,328 | Cash Only | NA |
| Returned Scholarships | 5 | -$4,500 | Cash Only | NA |
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I Line 1 | Part I Line 2 Procedures for monitoring the use of grant funds |
| Part I Line 1 | Applications are solicited through the Foundations website The |
| Part I Line 1 | application period occures annually in the spring for the fall |
| Part I Line 1 | semester A selection committee reviews all applications for eligibity |
| Part I Line 1 | and completeness The scholarship payments are made directly to the |
| Part I Line 1 | university or college and the funds are applied directly to the |
| Part I Line 1 | students course fees The foundation also stays in contact with the |
| Part I Line 1 | successful applicants to monitor use of the scholarships plus reminding |
| Part I Line 1 | them to apply for additional scholarships |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (21 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part VI Line 11b | Review by President Prior to Filing |
| Part VI Line 19 | All documents & tax returns are available upon request. Copies are provided |
| Part VI Line 19 | at no cost. |
| Part VI, Line 19 | Governing documents disclosure explanation: |
| Part VI, Line 19 | All applicable documents are made available to the public upon |
| Part VI, Line 19 | request - at no cost to the requesting party. |
| Part VI, Line 15a | Compensation process for top officials: The CEO and all board members, |
| Part VI, Line 15a | and all officers receive no compensation from the Foundation |
| Part VI, Line 11b | Organization's process to review Form 990: Each member of the board of |
| Part VI, Line 11b | directors as well as the Foundation's legal counsel is provided a copy of |
| Part VI, Line 11b | the Form 990. These individuals are invited to review and comment on the |
| Part VI, Line 11b | Form 990 and its schedules prior to filing. Supporting documentation |
| Part VI, Line 11b | required for the review are provided up request. Any necessary corrections |
| Part VI, Line 11b | based on the review are made prior to the filing of the return with the IRS |
| Part VI, Line 12c | Enforcement of conflict of interest policy:In 2015 ASF adopted a conflict |
| Part VI, Line 12c | interest policy. The policy requires that all officers, directors, and ke |
| Part VI, Line 12c | volunteers be covered by the policy and must acknowledge this by signing |
| Part VI, Line 12c | an acknowledgement upon their involvement with the ASF. If any covered |
| Part VI, Line 12c | person discloses a potential or actual conflict, the conflicitng interest |
| Part VI, Line 12c | is disclosed to the entire board. The board investigates the situation |
| Part VI, Line 12c | and aproves or disapproves the proposed transaction. |