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THE SCHOOLS FOUNDATION INC

HUNTSVILLE, Alabama, 35801

EIN: 58-1955411

Educational Institutions and Related Activities

DEMOGRAPHIC

ADDRESS
225 CHURCH ST NW
35801
COUNTY
madison county, AL
IN CARE OF NAME
DONNA SAVAGE

ORGANIZATIONAL OVERVIEW & RANKINGS

THE SCHOOLS FOUNDATION INC is a based in HUNTSVILLE, AL, focused on Educational Institutions and Related Activities causes . Established in October 1991, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $929,802.00, this ranks 222,373 among 2,656,690 nonprofits nationally (Top 9%), demonstrating substantial financial capacity relative to its peers. At the state level, it stands at 2,376 out of 35,672 organizations in AL (Top 7%).

In madison county, AL, the organization ranks 146 out of 2,901 nonprofits by assets (Top 5%), while locally in huntsville, it stands at 124 among 1,914 organizations (Top 7%).

The organization reported annual revenue of $603,241.00, ranking 165,721 nationally (Top 7%) and 1,804 in AL (Top 6%).

Within its specific NTEE classification (B112 - B: Educational Institutions and Related Activities), which includes 9,604 similar organizations, THE SCHOOLS FOUNDATION INC ranks 291 in assets (Top 3%) and 177 in revenue (Top 2%).

The organization files a 990 (all other) or 990EZ return and operates on a May fiscal year.

CLASSIFICATION

ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Gifts grants or loans to other organizations
NTEE COMMON CODE
B: Educational Institutions and Related Activities
NTEE CODE
N/A
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

TAX PERIOD
06/2023
ACCOUNTING PERIOD
06
INCOME CODE
5: $500,000 to $999,999
INCOME AMOUNT
$644,394.00
FORM 990 REVENUE AMOUNT
$603,241.00
RULING DATE
10/1991
ASSET CODE
5: $500,000 to $999,999
ASSET AMOUNT
$929,802.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return

Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.

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