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Nonprofit · EIN 42-1231762

ATLANTIC COMMUNITY SCHOOL FOUNDATION

Tax-exempt · ATLANTIC, IA 50022

Financials

$309K$154K2023$390K$198K2024$397K$185K2025
Revenue Expenses · by fiscal year end
Financials of ATLANTIC COMMUNITY SCHOOL FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$396,982$184,789$212,193$3,695,497$0$3,695,497
December 31, 2024990$390,056$198,315$191,741$3,483,304$0$3,483,304
December 31, 2023990$309,383$154,042$155,341$3,291,563$0$3,291,563
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$243,946
Program service revenue
$0
Investment income
$153,036
Other revenue
$0

Expenses

Grants and similar amounts paid
$107,082
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$505
Program services (functional)
$184,284
Management and general (functional)
$505

Balance sheet and other

Total assets, start of year
$3,483,304
Total assets, end of year
$3,695,497
Total liabilities, end of year
$0
Net assets, end of year
$3,695,497
Net assets without donor restrictions
$67,105
Net assets with donor restrictions
$3,628,392
Gross receipts
$396,982
Employees
0
Volunteers
0
Year formed
1984
State of legal domicile
IA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
SUE HUNTPRESIDENT
Trustee or director, Officer
0.5$0
STACEY BEANVICE PRESIDENT
Trustee or director, Officer
0.5$0
DAVE WIEDERSTEINSECRETARY
Trustee or director, Officer
0.5$0
STEVE TJEPKESTREASURER
Trustee or director, Officer
0.5$0
JOHN BECKERTRUSTEE
Trustee or director
0.5$0
BRAD HENNINGSENTRUSTEE
Trustee or director
0.5$0
ERIN FREUNDTRUSTEE
Trustee or director
0.5$0
LUCAS MOSIERTRUSTEE
Trustee or director
0.5$0
JESSIE SHIELSTRUSTEE
Trustee or director
0.5$0
TED ROBINSONTRUSTEE
Trustee or director
0.5$0
990 for the year ended December 31, 2024: 10 people
NameTitleHours / weekCompensation
TED ROBINSONPRESIDENT
Trustee or director, Officer
0.5$0
STACEY BEANVICE PRESIDENT
Trustee or director, Officer
0.5$0
DAVE WIEDERSTEINSECRETARY
Trustee or director, Officer
0.5$0
STEVE TJEPKESTREASURER
Trustee or director, Officer
0.5$0
JOHN BECKERTRUSTEE
Trustee or director
0.5$0
BRAD HENNINGSENTRUSTEE
Trustee or director
0.5$0
SUE HUNTTRUSTEE
Trustee or director
0.5$0
LUCAS MOSIERTRUSTEE
Trustee or director
0.5$0
JESSIE SHIELSTRUSTEE
Trustee or director
0.5$0
MADELINE SCHMIDTTRUSTEE
Trustee or director
0.5$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
TED ROBINSONPRESIDENT
Trustee or director, Officer
0.5$0
STACEY BEANVICE PRESIDENT
Trustee or director, Officer
0.5$0
DAVE WIEDERSTEINSECRETARY
Trustee or director, Officer
0.5$0
STEVE TJEPKESTREASURER
Trustee or director, Officer
0.5$0
JOHN BECKERTRUSTEE
Trustee or director
0.5$0
BRAD HENNINGSENTRUSTEE
Trustee or director
0.5$0
SUE HUNTTRUSTEE
Trustee or director
0.5$0
LUCAS MOSIERTRUSTEE
Trustee or director
0.5$0
JESSIE SHIELSTRUSTEE
Trustee or director
0.5$0
MADELINE SCHMIDTTRUSTEE
Trustee or director
0.5$0

Address and contacts

Address (IRS master file)
1100 LINN ST, ATLANTIC, IA 50022-2352
Principal officer (990 for 2025)
SUE HUNT, 1100 LINN ST, ATLANTIC, IA 50022
Signed the 990
SUE HUNT, PRESIDENT
Phone
(712) 243-1395
Return prepared by
Gronewold Bell Kyhnn & Co PC

Mission

TO PROVIDE FINANCIAL SUPPORT TO STUDENTS OF THE SCHOOL DISTRICT THROUGH SCHOLARSHIPS AND FINANCIAL AID AND TO SUPPORT OTHER SCHOOL PROJECTS

990 for the year ended December 31, 2025

Program accomplishments

  • SCHOLARSHIPS, FIELD TRIPS AND CONFERENCES TO/FOR STUDENTS TO FURTHER THEIR EDUCATION.
    Expenses $184,284 · grants $107,082

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
42-1231762
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1986
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,695,497
Income (IRS master file)
$396,982

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$396,982$184,789$3,695,497XML
990December 2024$390,056$198,315$3,483,304IRS
990December 2023$309,383$154,042$3,291,563XML
990December 2022$192,530$288,836$3,188,469IRS
990December 2021–––IRS
990December 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 42-1231762).

Questions about ATLANTIC COMMUNITY SCHOOL FOUNDATION

What is the EIN of ATLANTIC COMMUNITY SCHOOL FOUNDATION?
The employer identification number (EIN) of ATLANTIC COMMUNITY SCHOOL FOUNDATION is 42-1231762.
Is ATLANTIC COMMUNITY SCHOOL FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1986.
Are donations to ATLANTIC COMMUNITY SCHOOL FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ATLANTIC COMMUNITY SCHOOL FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of ATLANTIC COMMUNITY SCHOOL FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ATLANTIC COMMUNITY SCHOOL FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of ATLANTIC COMMUNITY SCHOOL FOUNDATION?
The 990 for the year ended December 31, 2025 names SUE HUNT.
Who are the officers and directors of ATLANTIC COMMUNITY SCHOOL FOUNDATION?
The 990 for the year ended December 31, 2025 lists 10 people; 0 received compensation from the organization.
How much revenue does ATLANTIC COMMUNITY SCHOOL FOUNDATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $396,982, expenses of $184,789 and total assets of $3,695,497 at year end.

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