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Nonprofit · EIN 80-0792850

ANDERSON INNOVATION FOUNDATION

Tax-exempt (reinstated) · ANDERSON, SC 29621

Financials

$500$02025
Revenue Expenses · by fiscal year end
Financials of ANDERSON INNOVATION FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$500$0$500$500$0$500
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$500
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$500
Total liabilities, end of year
$0
Net assets, end of year
$500
Net assets without donor restrictions
$500
Gross receipts
$500
Employees
0
Year formed
2012
State of legal domicile
SC

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
JOEY NIMMERBOARD MEMBER
Trustee or director
–$0
TERENCE V ROBERTSCHAIRMAN
Officer
–$0
ROBERT WILSONTREASURER
Officer
2$0
MIKE WOOLESINTERIM MANA
Officer
20$0

Address and contacts

Address (IRS master file)
1720 N MAIN ST, ANDERSON, SC 29621-4758
In care of
% MICHAEL PANASKO
Mailing address (990-N for 2024)
PO BOX 2427, ANDERSON SC 29622
Principal officer (990 for 2025)
ROBERT WILSON, 1720 NORTH MAIN STREET, ANDERSON, SC 29621
Principal officer (990-N for 2024)
ROBERT WILSON, PO BOX 2427, ANDERSON SC 29622
Signed the 990
ROBERT WILSON, TREASURER
Phone
(864) 260-1061
Return prepared by
ARGO AND ASSOCIATES LLP

Mission

TO AID, PROMOTE, MANAGE, DEVELOP AND CONDUCT EDUCATIONAL PROGRAMS FOR ENTREPRENEURS IN ANDERSON COUNTY. THIS INCLUDES PROMOTING, ENCOURAGING AND PROVIDING AID FOR EDUCATIONAL PROGRAMS, RESEARCH AND CURRICULUM DEVELOPMENT FOR SMALL BUSINESS OWNERS. THE PURPOSE IS ALSO TO ATTRACT AND ENCOURAGE SMALL BUSINESS OWNERS IN ANDERSON COUNTY AND SURROUNDING AREAS AND CREATE AND SUSTAIN JOBS AND ECONOMIC GROWTH IN THE COMMUNITY.

990 for the year ended December 31, 2025

Program accomplishments

  • FOUNDATIONS FOR THE FUTURE

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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-N on file
2023December 31, 2023May 15, 2024990-N on file

IRS record

EIN
80-0792850
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
2015
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$500
Income (IRS master file)
$500

Revocation and reinstatement

Exemption revoked
May 15, 2015
Posted by the IRS
August 10, 2015
Reinstated
Effective May 15, 2015

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$500$0$500XML
990-N for 2024
Officer: ROBERT WILSON
December 31, 2024≤ $50,000 receipts––e-Postcard
990-N for 2023
Officer: Robert Wilson
December 31, 2023≤ $50,000 receipts––e-Postcard
990-N for 2022
Officer: Robert Wilson
December 31, 2022≤ $50,000 receipts––e-Postcard
990-N for 2020
Officer: Robert Wilson
December 31, 2020≤ $50,000 receipts––e-Postcard
990-N for 2019
Officer: Robert Wilson
December 31, 2019≤ $50,000 receipts––e-Postcard

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 80-0792850).

Questions about ANDERSON INNOVATION FOUNDATION

What is the EIN of ANDERSON INNOVATION FOUNDATION?
The employer identification number (EIN) of ANDERSON INNOVATION FOUNDATION is 80-0792850.
Is ANDERSON INNOVATION FOUNDATION tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2015 and reinstated it effective May 15, 2015.
Are donations to ANDERSON INNOVATION FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ANDERSON INNOVATION FOUNDATION file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of ANDERSON INNOVATION 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 ANDERSON INNOVATION 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 ANDERSON INNOVATION FOUNDATION?
The 990 for the year ended December 31, 2025 names ROBERT WILSON.
Who are the officers and directors of ANDERSON INNOVATION FOUNDATION?
The 990 for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does ANDERSON INNOVATION FOUNDATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $500, expenses of $0 and total assets of $500 at year end.

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