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Nonprofit · EIN 91-1263495

ANACORTES SCHOOLS FOUNDATION

Tax-exempt · ANACORTES, WA 98221

Financials

$1.1M$948K2023$1.3M$1.1M2024
Revenue Expenses · by fiscal year end
Financials of ANACORTES SCHOOLS FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,251,024$1,050,853$200,171$5,626,543$0$5,626,543
December 31, 2023990$1,079,973$947,544$132,429$5,252,468$0$5,252,468
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$895,966
Program service revenue
$0
Investment income
$377,171
Net gain from sales of assets
$233,545
Net income from fundraising events
-$24,113
Other revenue
-$22,113

Expenses

Grants and similar amounts paid
$932,620
Other salaries and wages
$45,184
Salaries, compensation and benefits (total)
$48,755
Professional fundraising fees
$0
Accounting fees
$4,719
Program services (functional)
$1,006,308
Management and general (functional)
$20,144
Fundraising (functional)
$24,401

Balance sheet and other

Total assets, start of year
$5,252,468
Total assets, end of year
$5,626,543
Total liabilities, end of year
$0
Net assets, end of year
$5,626,543
Publicly traded securities
$4,824,494
Net assets without donor restrictions
$1,088,054
Net assets with donor restrictions
$4,538,489
Gross receipts
$1,959,518
Employees
1
Volunteers
220
Year formed
1984
State of legal domicile
WA

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
BRIAN ADAMSPRESIDENT
Trustee or director, Officer
2$0
RACHEL ESPOSITOVICE PRESIDE
Trustee or director, Officer
6$0
KIM DAVISSECRETARY
Trustee or director, Officer
2$0
RENE VANCETREASURER
Trustee or director, Officer
12$0
PAULA BRARDIRECTOR
Trustee or director
1$0
JAMES ANDERSONDIRECTOR
Trustee or director
1$0
KEVIN BRIGHTDIRECTOR
Trustee or director
1$0
BONNIE BOWERSDIRECTOR
Trustee or director
1$0
TOM KUHNDIRECTOR
Trustee or director
1$0
SARA GILLDIRECTOR
Trustee or director
4$0
GARY MILLERDIRECTOR
Trustee or director
2$0
MEG MOURNINGDIRECTOR
Trustee or director
1$0
SARAH NICHOLSDIRECTOR
Trustee or director
1$0
KIM POSTDIRECTOR
Trustee or director
1$0
ART SHOTWELLDIRECTOR
Trustee or director
1$0
2 more people on this return
NameTitleHours / weekCompensation
CARRIE WORRADIRECTOR
Trustee or director
3$0
JUSTIN IRISHEX-OFFICIO
Trustee or director
1$0
990 for the year ended December 31, 2023: 17 people
NameTitleHours / weekCompensation
TREVA KINGPRESIDENT
Trustee or director, Officer
12$0
BRIAN ADAMSVICE PRESIDE
Trustee or director, Officer
1$0
KIM DAVISSECRETARY
Trustee or director, Officer
2$0
RENE VANCETREASURER
Trustee or director, Officer
10$0
PAULA BRARDIRECTOR
Trustee or director
1$0
JAMES ANDERSONDIRECTOR
Trustee or director
1$0
KEVIN BRIGHTDIRECTOR
Trustee or director
1$0
RACHEL ESPOSITODIRECTOR
Trustee or director
4$0
TOM KUHNDIRECTOR
Trustee or director
1$0
JASON LEANDERDIRECTOR
Trustee or director
1$0
GARY MILLERDIRECTOR
Trustee or director
1$0
MEG MOURNINGDIRECTOR
Trustee or director
1$0
SARAH NICHOLSDIRECTOR
Trustee or director
1$0
KIM POSTDIRECTOR
Trustee or director
2$0
ART SHOTWELLDIRECTOR
Trustee or director
1$0
CARRIE WORRADIRECTOR
Trustee or director
8$0
JUSTIN IRISHEX-OFFICIO
Trustee or director
1$0

Address and contacts

Address (IRS master file)
2200 M AVE, ANACORTES, WA 98221-3728
Principal officer (990 for 2024)
BRIAN ADAMS, 2200 M AVENUE, ANACORTES, WA 982213728
Signed the 990
BRIAN ADAMS, PRESIDENT
Phone
(360) 488-2343
Return prepared by
WILLIAMS & NULLE PLLC CPAS

Mission

EMPOWER AND INSPIRE ALL ANACORTES STUDENTS THROUGH SCHOLARSHIPS AND ENRICHED LEARNING OPPPORTUNITIES.

990 for the year ended December 31, 2024

Program accomplishments

  • MERIT SCHOLARSHIPS GRANTED TO ANACORTES STUDENTS IN PURSUIT OF POST HIGH SCHOOL EDUCATION. PRESCHOOL SCHOLARSHIPS GRANTED TO ANACORTES PRESCHOOLERS IN PURSUIT OF A CHILD'S OWN NATURAL DESIRE TO LEARN.
    Expenses $447,070 · grants $373,382
  • FINANCIAL SUPPORT GIVEN TO THE ANACORTES SCHOOL DISTRICT ENRICHED LEARNING OPPORTUNITIES. CURRENT PROGRAMS INCLUDE EARLY LEARNING, DISTRICT-WIDE STEM ENRICHMENT, SOCIAL EMOTIONAL AND MENTAL HEALTH, SUMMER LEARNING, TEACHER GRANTS,THE VISUAL AND PERFORMING ARTS AS WELL AS SCHOOL SUPPLIES AND BACKPACKS FOR NEEDY FAMILIES.
    Expenses $559,238 · grants $559,238

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
91-1263495
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
1985
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$5,626,543
Income (IRS master file)
$1,959,518

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,251,024$1,050,853$5,626,543XML
990December 2023$1,079,973$947,544$5,252,468XML
990December 2022$854,103$882,827$4,695,858IRS
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 91-1263495).

Questions about ANACORTES SCHOOLS FOUNDATION

What is the EIN of ANACORTES SCHOOLS FOUNDATION?
The employer identification number (EIN) of ANACORTES SCHOOLS FOUNDATION is 91-1263495.
Is ANACORTES SCHOOLS FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1985.
Are donations to ANACORTES SCHOOLS FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ANACORTES SCHOOLS 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 ANACORTES SCHOOLS FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ANACORTES SCHOOLS FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of ANACORTES SCHOOLS FOUNDATION?
The 990 for the year ended December 31, 2024 names BRIAN ADAMS.
Who are the officers and directors of ANACORTES SCHOOLS FOUNDATION?
The 990 for the year ended December 31, 2024 lists 17 people; 0 received compensation from the organization.
How much revenue does ANACORTES SCHOOLS FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,251,024, expenses of $1,050,853 and total assets of $5,626,543 at year end.

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