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Army Scholarship Foundation Inc

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 / Scholarships, Student Financial Aid Services, Awards (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$728k (2023)

Expenses
$435k (2023)

Total Assets
$1.63M (2023)

Total Liabilities
$2.26k (2023)

Source: Form 990 tax filings from 2011 to 2023

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 Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$727,632
Expenses
$435,114
Net Income
$292,518
Net Assets
$1,627,595
Notable Sources of Revenue Percent of Total Revenue
Contributions $639,518
87.9%
Program Services $0
Investment Income $88,114
12.1%
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 $1,629,850
Total Liabilities $2,255
Net Assets $1,627,595
Compensation
Key Employees and Officers Compensation Related Other
Jeff Gault (Chairman Ceo) $0 $0 $0
Keirn Brown (Board Member) $0 $0 $0
Dana Johnson (Board Member) $0 $0 $0
Christopher Lepp (Board Member) $0 $0 $0
Ellen Houlihan (Board Member) $0 $0 $0
Rose Gault (President) $0 $0 $0
Joel Gray (Secretary) $0 $0 $0
Phillip Shearer (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$484,248
Expenses
$294,573
Net Income
$189,675
Net Assets
$1,335,077
Notable Sources of Revenue Percent of Total Revenue
Contributions $541,755
> 100%
Program Services $0
Investment Income -$57,507
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 $1,337,001
Total Liabilities $1,924
Net Assets $1,335,077
Compensation
Key Employees and Officers Compensation Related Other
Jeff Gault (Chairman Ceo) $0 $0 $0
Keirn Brown (Board Member) $0 $0 $0
Michael Gonzales (Board Member) $0 $0 $0
Christopher Lepp (Board Member) $0 $0 $0
Ellen Houlihan (Board Member) $0 $0 $0
Rose Gault (President) $0 $0 $0
Joel Gray (Secretary) $0 $0 $0
Phillip Shearer (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$476,133
Expenses
$296,204
Net Income
$179,929
Net Assets
$1,145,402
Notable Sources of Revenue Percent of Total Revenue
Contributions $440,683
92.6%
Program Services $0
Investment Income $35,450
7.4%
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 $1,146,243
Total Liabilities $841
Net Assets $1,145,402
Compensation
Key Employees and Officers Compensation Related Other
Jeff Gault (Chairman Ceo) $0 $0 $0
Keirn Brown (Board Member) $0 $0 $0
Michael Gonzalez (Board Member) $0 $0 $0
Christopher Lepp (Board Member) $0 $0 $0
Ellen Houlihan (Board Member) $0 $0 $0
Rose Gault (President) $0 $0 $0
Joel Gray (Secretary) $0 $0 $0
Phillip Shearer (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$363,095
Expenses
$212,814
Net Income
$150,281
Net Assets
$965,474
Notable Sources of Revenue Percent of Total Revenue
Contributions $344,189
94.8%
Program Services $0
Investment Income $18,906
5.2%
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 $965,582
Total Liabilities $108
Net Assets $965,474
Compensation
Key Employees and Officers Compensation Related Other
Jeff Gault (Chairman Ceo) $0 $0 $0
Keirn Brown (Board Member) $0 $0 $0
Michael Gonzalez (Board Member) $0 $0 $0
Christopher Lepp (Board Member) $0 $0 $0
Ellen Houlihan (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$293,098
Expenses
$289,369
Net Income
$3,729
Net Assets
$815,195
Notable Sources of Revenue Percent of Total Revenue
Contributions $273,941
93.5%
Program Services $0
Investment Income $19,157
6.5%
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 $815,222
Total Liabilities $27
Net Assets $815,195

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$289,658
Expenses
$203,683
Net Income
$85,975
Net Assets
$811,467
Notable Sources of Revenue Percent of Total Revenue
Contributions $279,987
96.7%
Program Services $0
Investment Income $9,671
3.3%
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 $811,571
Total Liabilities $104
Net Assets $811,467

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$273,803
Expenses
$141,011
Net Income
$132,792
Net Assets
$725,492
Notable Sources of Revenue Percent of Total Revenue
Contributions $264,594
96.6%
Program Services $0
Investment Income $9,209
3.4%
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 $726,955
Total Liabilities $1,463
Net Assets $725,492

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$203,514
Expenses
$120,610
Net Income
$82,904
Net Assets
$592,700
Notable Sources of Revenue Percent of Total Revenue
Contributions $196,281
96.4%
Program Services $0
Investment Income $7,233
3.6%
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 $602,803
Total Liabilities $10,103
Net Assets $592,700

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$224,643
Expenses
$63,214
Net Income
$161,429
Net Assets
$509,795
Notable Sources of Revenue Percent of Total Revenue
Contributions $220,289
98.1%
Program Services $0
Investment Income $4,354
1.9%
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 $509,828
Total Liabilities $33
Net Assets $509,795

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$102,763
Expenses
$32,802
Net Income
$69,961
Net Assets
$348,367
Notable Sources of Revenue Percent of Total Revenue
Contributions $98,922
96.3%
Program Services $0
Investment Income $3,841
3.7%
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 $5,000
15.2%
Other Salaries and Wages $0
Assets/Debt
Total Assets $348,367
Total Liabilities $0
Net Assets $348,367
Compensation
Key Employees and Officers Compensation Related Other
Jeff Gault (Chairman/Ceo) $0 $0 $0
Christopher D Lepp () $0 $0 $0
Kc Brown Jr () $0 $0 $0
Michael R Gonzales () $0 $0 $0
Joel Gray (Secretary) $0 $0 $0
Phillip Shearer (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$97,411
Expenses
$18,580
Net Income
$78,831
Net Assets
$278,242
Notable Sources of Revenue Percent of Total Revenue
Contributions $94,609
97.1%
Program Services $0
Investment Income $2,802
2.9%
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 $278,242
Total Liabilities $0
Net Assets $278,242

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$78,010
Expenses
$8,636
Net Income
$69,374
Net Assets
$199,411
Notable Sources of Revenue Percent of Total Revenue
Contributions $76,141
97.6%
Program Services $0
Investment Income $1,868
2.4%
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 $199,411
Total Liabilities $0
Net Assets $199,411

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$40,966
Expenses
$6,752
Net Income
$34,214
Net Assets
$130,038
Notable Sources of Revenue Percent of Total Revenue
Contributions $39,499
96.4%
Program Services $0
Investment Income $1,467
3.6%
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 $130,038
Total Liabilities $0
Net Assets $130,038

Document Links

Fiscal Year Ending Dec.
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 Dec.
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

About 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 »

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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.

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