Skip to content
ProPublica Donate

Ross Ade Foundation

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Student Services, Organizations of Students (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$3.54M (2024)

Expenses
$3.61M (2024)

Total Assets
$158M (2024)

Total Liabilities
$154M (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,541,514
Expenses
$3,613,321
Net Income
-$71,807
Net Assets
$3,833,348
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,638
0.2%
Investment Income $3,533,876
99.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $157,723,408
Total Liabilities $153,890,060
Net Assets $3,833,348
Compensation
Key Employees and Officers Compensation Related Other
Brandee Sommer (Assistant Secretary) $0 $0 $0
Brian Edelman (Secretary) $0 $0 $0
Eva Nodine (Vice President & Treasurer) $0 $307,025 $46,722
Jodie Melton (Assistant Secretary (Through Feb 2024)) $0 $46,541 $17,200
Mung Chiang (President) $0 $806,789 $595,806
Scott Seidle (Assistant Treasurer) $0 $0 $0
Chris Ruhl (Director) $0 $398,331 $57,088
Malcolm De Kryger (Director) $0 $0 $0
Michael Klipsch (Director) $0 $0 $0
James Almond (Former Vice President) $0 $318,000 $0
Mitchell E Daniels (Former President) $0 $209,334 $43,375

Document Links

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,897,624
Expenses
$3,903,817
Net Income
-$6,193
Net Assets
$3,905,155
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,638
0.2%
Investment Income $3,889,986
99.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $171,857,687
Total Liabilities $167,952,532
Net Assets $3,905,155
Compensation
Key Employees and Officers Compensation Related Other
Brandee Sommer (Assistant Secretary) $0 $0 $0
Brian Edelman (Secretary) $0 $0 $0
Eva Nodine (Vice President & Treasurer) $0 $288,992 $50,356
James Almond (Vice President (Through July 2022)) $0 $378,698 $40,707
Jodie Melton (Assistant Secretary (Beginning Feb 2023)) $0 $49,609 $16,284
Mitchell E Daniels (President (Through Jan 2023)) $0 $930,606 $64,280
Mung Chiang (President (Beginning Jan 2023)) $0 $593,150 $57,326
Scott Seidle (Assistant Treasurer) $0 $0 $0
Chris Ruhl (Director) $0 $359,259 $55,751
Malcolm De Kryger (Director) $0 $0 $0
Michael Klipsch (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,230,686
Expenses
$4,413,188
Net Income
-$182,502
Net Assets
$3,911,348
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $4,223,048
99.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $7,638
0.2%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $185,779,035
Total Liabilities $181,867,687
Net Assets $3,911,348
Compensation
Key Employees and Officers Compensation Related Other
Brandee Sommer (Assistant Secretary) $0 $0 $0
Brian Edelman (Secretary/Treasurer) $0 $0 $0
James Almond (Vice President) $0 $318,781 $53,152
Mitchell E Daniels (President) $0 $952,661 $63,225
Scott Seidle (Assistant Treasurer) $0 $0 $0
Chris Ruhl (Director) $0 $317,402 $53,895
Malcolm De Kryger (Director) $0 $0 $0
Michael Klipsch (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,154,582
Expenses
$4,034,061
Net Income
-$879,479
Net Assets
$4,093,850
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $3,146,944
99.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $7,638
0.2%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $186,942,514
Total Liabilities $182,848,664
Net Assets $4,093,850
Compensation
Key Employees and Officers Compensation Related Other
Brandee Sommer (Assistant Secretary) $0 $0 $0
Brian Edelman (Secretary/Treasurer) $0 $0 $0
James Almond (Vice President) $0 $313,675 $53,997
Mitchell E Daniels (President) $0 $912,363 $64,201
Scott Seidle (Assistant Treasurer) $0 $0 $0
Chris Ruhl (Director) $0 $314,595 $52,456
Malcolm De Kryger (Director) $0 $0 $0
Michael Klipsch (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,558,159
Expenses
$1,046,164
Net Income
$3,511,995
Net Assets
$4,973,329
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $4,599,961
> 100%
Royalties $0
Rental Property Income $7,638
0.2%
Net Fundraising $0
Sales of Assets -$49,440
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $188,086,708
Total Liabilities $183,113,379
Net Assets $4,973,329
Compensation
Key Employees and Officers Compensation Related Other
Brandee Sommer (Assistant Secretary) $0 $0 $0
Brian Edelman (Secretary/Treasurer) $0 $0 $0
James Almond (Vice President) $0 $312,548 $53,940
Mitchell E Daniels (President) $0 $892,420 $86,792
Scott Seidle (Assistant Treasurer) $0 $0 $0
Chris Ruhl (Director) $0 $288,506 $51,470
Malcolm De Kryger (Director) $0 $0 $0
Michael Klipsch (Director) $0 $0 $0
William Sullivan (Director (Partial Year)) $0 $416,682 $51,332

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,021,975
Expenses
$6,651,176
Net Income
-$629,201
Net Assets
$1,461,334
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $6,501,864
> 100%
Royalties $0
Rental Property Income $7,638
0.1%
Net Fundraising $0
Sales of Assets -$487,527
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $228,922,447
Total Liabilities $227,461,113
Net Assets $1,461,334
Compensation
Key Employees and Officers Compensation Related Other
Mitchell E Daniels (President) $0 $829,120 $113,939
James Almond (Vice President) $0 $311,086 $53,358
Brian Edelman (Secretary/Treasurer) $0 $0 $0
Scott Seidle (Assistant Treasurer) $0 $0 $0
Brandee Sommer (Assistant Secretary) $0 $0 $0
William Sullivan (Director) $0 $331,028 $51,293
Malcolm De Kryger (Director) $0 $0 $0
Michael Klipsch (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,780,453
Expenses
$6,665,135
Net Income
-$1,884,682
Net Assets
$2,090,535
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $4,785,852
> 100%
Royalties $0
Rental Property Income $7,638
0.2%
Net Fundraising $0
Sales of Assets -$13,037
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $240,865,140
Total Liabilities $238,774,605
Net Assets $2,090,535
Compensation
Key Employees and Officers Compensation Related Other
Mitchell E Daniels (President) $0 $756,899 $118,189
James Almond (Vice President) $0 $312,937 $51,856
Brian Edelman (Secretary/Treasurer) $0 $0 $0
Judith Hall (Assistant Secretary (Partial Year)) $0 $0 $0
Scott Seidle (Assistant Treasurer) $0 $0 $0
Brandee Sommer (Assistant Secretary (Partial Year)) $0 $0 $0
William Sullivan (Director) $0 $331,246 $48,897
Malcolm De Kryger (Director) $0 $0 $0
Michael Klipsch (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,229,824
Expenses
$7,195,057
Net Income
$2,034,767
Net Assets
$3,975,217
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $9,231,556
> 100%
Royalties $0
Rental Property Income $7,638
0.1%
Net Fundraising $0
Sales of Assets -$9,370
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $232,634,817
Total Liabilities $228,659,600
Net Assets $3,975,217
Compensation
Key Employees and Officers Compensation Related Other
Brian Edelman (Secretary/Treasurer) $0 $0 $0
Judith Hall (Assistant Secretary) $0 $0 $0
Scott Seidle (Assistant Treasurer) $0 $0 $0
Mitchell E Daniels (President) $0 $709,185 $120,491
James Almond (Vice President) $0 $298,790 $50,584
William Sullivan (Director) $0 $335,261 $42,997
Malcolm De Kryger (Director (Partial Year)) $0 $0 $0
Michael Klipsch (Director (Partial Year)) $0 $0 $0
Lawrence Beck (Director (Partial Year)) $0 $0 $0
Thomas Spurgeon (Director (Partial Year)) $0 $0 $0

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,692,249
Expenses
$4,724,510
Net Income
-$32,261
Net Assets
$1,940,450
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $4,684,611
99.8%
Royalties $0
Rental Property Income $7,638
0.2%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $233,476,345
Total Liabilities $231,535,895
Net Assets $1,940,450
Compensation
Key Employees and Officers Compensation Related Other
Mitchell E Daniels (President) $0 $520,936 $113,376
James Almond (Vice President) $0 $287,479 $45,114
Brian Edelman (Secretary/Treasurer) $0 $0 $0
Judith Hall (Assistant Secretary) $0 $0 $0
Scott Seidle (Assistant Treasurer) $0 $0 $0
Thomas Spurgeon (Director) $0 $0 $0
William Sullivan (Director) $0 $325,625 $45,566
Lawrence Beck (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,645,242
Expenses
$5,333,823
Net Income
$311,419
Net Assets
$1,972,711
Notable Sources of Revenue Percent of Total Revenue
Contributions $974,166
17.3%
Program Services $0
Investment Income $0
Bond Proceeds $4,663,438
82.6%
Royalties $0
Rental Property Income $7,638
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $131,593,220
Total Liabilities $129,620,509
Net Assets $1,972,711
Compensation
Key Employees and Officers Compensation Related Other
Mitchell E Daniels (President) $0 $518,907 $125,008
James Almond (Vice President) $0 $288,343 $51,845
Joseph Hornett (Secretary/Treasurer (Partial Year)) $0 $0 $0
Brian Edelman (Secretary/Treasurer) $0 $0 $0
Judith Hall (Assistant Secretary) $0 $0 $0
Scott Seidle (Assistant Treasurer (Partial Year)) $0 $0 $0
Belinda Rachwal (Assistant Treasurer (Partial Year)) $0 $0 $0
Michael Berghoff (Director (Partial Year)) $0 $0 $0
Thomas Spurgeon (Director) $0 $0 $0
William Sullivan (Director (Partial Year)) $0 $175,368 $36,425
Sonny Beck (Director (Partial Year)) $0 $0 $0

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,546,335
Expenses
$6,496,207
Net Income
$50,128
Net Assets
$1,661,292
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,728,313
26.4%
Program Services $0
Investment Income $0
Bond Proceeds $4,810,384
73.5%
Royalties $0
Rental Property Income $7,638
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $129,905,552
Total Liabilities $128,244,260
Net Assets $1,661,292

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,440,329
Expenses
$23,771,723
Net Income
-$17,331,394
Net Assets
$1,611,164
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,257,311
19.5%
Program Services $0
Investment Income $0
Bond Proceeds $5,175,380
80.4%
Royalties $0
Rental Property Income $7,638
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $129,934,989
Total Liabilities $128,323,825
Net Assets $1,611,164

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,415,523
Expenses
$5,069,183
Net Income
$1,346,340
Net Assets
$18,942,558
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,214,540
18.9%
Program Services $0
Investment Income $5,422,259
84.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $28,638
0.4%
Net Fundraising $0
Sales of Assets -$249,961
Net Inventory Sales $0
Other Revenue $47
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $154,177,462
Total Liabilities $135,234,904
Net Assets $18,942,558

Document Links

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,898,849
Expenses
$5,322,591
Net Income
$6,576,258
Net Assets
$17,596,218
Notable Sources of Revenue Percent of Total Revenue
Contributions $6,192,680
52.0%
Program Services $0
Investment Income $0
Bond Proceeds $5,575,726
46.9%
Royalties $0
Rental Property Income $89,638
0.8%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $40,805
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $158,772,277
Total Liabilities $141,176,059
Net Assets $17,596,218

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Aug.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Aug.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Aug.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Aug.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Aug.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Aug.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Aug.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

See an issue with the data?

Contact Us