Civic Intelligence

Taf Rural Expansion Foundation

EIN 87-1130171 • 501(c)3 • Parsons, TN

NTEE B99

Profile

Expanding the ayers foundation scholars program model to improve post-secondary education opportunities for high schoolers in distressed/at-risk rural tennessee counties.

PO Box 756Parsons, TN 38363

n/A

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$11,573,506

Up $5,938,688 (+105%) from 2023

Liabilities

Up

$319,772

Up $50,317 (+19%) from 2023

Net Assets

Up

$11,253,734

Up $5,888,371 (+110%) from 2023

Operations

Revenue

Up

$12,871,631

Up $7,868,091 (+157%) from 2023

Expenses

Up

$6,983,259

Up $3,816,307 (+121%) from 2023

Net Income

Up

$5,888,372

Up $4,051,784 (+221%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2022: $3,651,399Liabilities 2022: $122,624Net Assets 2022: $3,528,7752022Assets 2023: $5,634,818Liabilities 2023: $269,455Net Assets 2023: $5,365,3632023Assets 2024: $11,573,506Liabilities 2024: $319,772Net Assets 2024: $11,253,7342024

Highlighted filing

2024

Assets$11,573,506
Liabilities$319,772
Net Assets$11,253,734
Open 2024 Filing

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0Revenue 2022: $5,000,000Expenses 2022: $1,471,225Net Income 2022: $3,528,7752022Revenue 2023: $5,003,540Expenses 2023: $3,166,952Net Income 2023: $1,836,5882023Revenue 2024: $12,871,631Expenses 2024: $6,983,259Net Income 2024: $5,888,3722024

Highlighted filing

2024

Revenue$12,871,631
Expenses$6,983,259
Net Income$5,888,372
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$11,573,506
Liabilities
$319,772
Net assets
$11,253,734
Revenue
$12,871,631
Expenses
$6,983,259
Net income
$5,888,372
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$11.6$0.32$11.3$12.9$6.98$5.89
2023Detailed filing. Detailed filing data is available for this year.$5.63$0.27$5.37$5.00$3.17$1.84
2022Detailed filing. Detailed filing data is available for this year.$3.65$0.12$3.53$5.00$1.47$3.53
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 7, 2025
Return Version
2023v6.0
Gross Receipts
$12,871,631
Mission and Program Overview

Mission

Expanding the ayers foundation scholars program model to improve post-secondary education opportunities for high schoolers in distressed/at-risk rural tennessee counties.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$3,129,168$11,462,991▲ $8,333,823
Pledges and Grants Receivable$2,500,000$0▼ $2,500,000
Loans From Officers Directors$144,592$0▼ $144,592
Savings and Temporary Cash Investments$0$107,499▲ $107,499
Receivables From Officers Etc$5,650$0▼ $5,650
Prepaid Expenses and Deferred Charges$0$2,139▲ $2,139
Accounts Receivable$0$877▲ $877
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Total Assets$5,634,818$11,573,506▲ $5,938,688
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$124,863$169,346▲ $44,483
Other Liabilities$0$150,426▲ $150,426
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$269,455$319,772▲ $50,317
Net Assets / Fund Balance
Net Assets With Donor Restrictions$5,365,363$10,885,178▲ $5,519,815
Net Assets Without Donor Restrictions$0$368,556▲ $368,556
Total Net Assets Fund Balance$5,365,363$11,253,734▲ $5,888,371
Total Liabilities and Net Assets / Fund Balance$5,634,818$11,573,506▲ $5,938,688
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Angela MarshallSr. Director of Exp. and Dev.PT$142,562$142,562
Jesse TurnerDirector of It & Bus. SolutionPT$135,675$135,675
Shannon HaynesChief Prosperity Officer-$126,374$126,374
Marcia RhodesDirector of AccountingPT$121,945$121,945
Emily ChadwickDirector of HrPT$121,545$121,545

Board Members and Trustees

NameTitle
James AyersChairman
Janet AyersPresident
Dr Burton WilliamsBoard Secretary & CEO
Michael MeadowsDirector of Post-secondary Success
James Troy GrantChief Scholars Officer
Blake DillCOO
Lorisa WilliamsOrg. Effectiveness Advisor
Revenue and Support

Revenue Composition

Contributions and Grants
$12,503,075
Program Service Revenue
$0
Investment Income
$368,556
Other Revenue
$0
Change in Net Assets
$5,888,372

Audited Revenue Reconciliation

Revenue per Audited Statements
$12,871,631
Total Revenue per Audited Statements
$12,871,631
Total Revenue per Form 990
$12,871,631
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,692,876
Other Expenses$1,290,383
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,729,525$995,035-$4,724,560
Other Expenses$653,414$45,733-$653,414
Other Employee Benefits$386,662$103,161-$489,823
Payroll Taxes$286,723$76,498-$363,221
Office Expenses$211,873$56,528-$268,401
Travel$184,335--$184,335
Pension Plan Contributions$90,995$24,277-$115,272
Insurance$51,208$13,662-$64,870
Fees for Services Accounting-$19,371-$19,371
Conferences and Meetings$15,978--$15,978
Occupancy-$11,109-$11,109
Fees for Services Legal-$8,340-$8,340
Total Functional Expenses$5,629,545$1,353,714$0$6,983,259

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$6,983,259
Total Expenses per Audited Statements$6,983,259
Total Expenses per Form 990$6,983,259
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$144,592$0▼ $144,592
Receivables from Officers, Directors, Trustees, and Key Employees$5,650$0▼ $5,650
Receivables from Disqualified Persons$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Related Party$150,426
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

990, PART VI, Section A, LINE 2:

“James Ayers and Janet Ayers have a family relationship.”

990, Part VI, Section B, line 11B:

“A copy of the Form 990 is sent via email to all members of its governing body before filing.”

990, Part VI, Section B, line 12C:

“We monitor and enforce our conflicts of interest policy in several ways. We do an in depth training on this in our new employee orientation, have all employees fill out, sign and return a Conflicts of Interest form to place in their files. We have many policies outlined in our Employee Handbook we go over at new hire orientation requiring all employees outside employment opportunities receive approval first, and have all outside employment approvals documented. We also conduct quarterly and annual training for all of our employees and periodically send reminders about this to make sure no conflict of interests exist. If we discover or find a conflict of interest, we escalate it to our President and determine the appropriate strategies and next steps moving forward.”

990, Part VI, Section C, line 19:

“Available upon request.”

Filing and Contact Details

Filer

Filer Name
TAF Rural Expansion Foundation
EIN
87-1130171
In Care Of
% THE ORGANIZATION
Phone
7318470632
Address
PO Box 756, Parsons, TN 38363

Signing Officer

Name
Janet Ayers
Title
President
Phone
7318474970
Signed
2025-05-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Janet Ayers
Formed
2021
Legal Domicile
Tn
Voting Board Members
4
Independent Board Members
2
Employees
0
Volunteers
2

Preparer

Firm
Bdo USA
Address
6410 POPLAR AVE STE 750, MEMPHIS, TN 38119
Preparer
Betsy F Gilliland
Phone
9016807600
Supplemental Narrative

Financial Statement Notes

Schedule D, Part X, Line 2

“The Foundation is a not-for-profit organization that is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code. Accordingly, the Foundation has made no provision for income taxes. The Foundation does not believe there are any uncertain tax positions. Further, the Foundation believes it does not have any unrelated business income, which would be subject to federal income taxes. The Organization is not subject to examination by US federal or state taxing authorities for years before 2021 (date of founding).”

Raw XML AppendixShowing 400 of 640 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0124863
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0169346
IRS990/AccountsReceivableGrp/BOYAmt00
IRS990/AccountsReceivableGrp/EOYAmt0877
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0EXPANDING THE AYERS FOUNDATION SCHOLARS PROGRAM MODEL TO IMPROVE POST-SECONDARY EDUCATION OPPORTUNITIES FOR HIGH SCHOOLERS IN DISTRESSED/AT-RISK RURAL TENNESSEE COUNTIES.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum07318474962
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0643 TENNESSEE AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0PARSONS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd038363
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt03129168
IRS990/CashNonInterestBearingGrp/EOYAmt011462991
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt00
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt015978
IRS990/ConferencesMeetingsGrp/TotalAmt015978
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CostOfGoodsSoldAmt00
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt012503075
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0368556
IRS990/CYOtherExpensesAmt01290383
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt05888372
IRS990/CYSalariesCompEmpBnftPaidAmt05692876
IRS990/CYTotalExpensesAmt06983259
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt012871631
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt00
IRS990/DeferredRevenueGrp/EOYAmt00
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0The Foundation expanded the Ayers Foundation Scholars Program Model to distressed and at-risk counties in an effort to improve post-secondary education opportunities for high school students in rural counties in Tennessee.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt05365363
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt010885178
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountLiabilityGrp/BOYAmt00
IRS990/EscrowAccountLiabilityGrp/EOYAmt00
IRS990/ExpenseAmt05629545
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt019371
IRS990/FeesForServicesAccountingGrp/TotalAmt019371
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt08340
IRS990/FeesForServicesLegalGrp/TotalAmt08340
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt06.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt16.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt24.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt36.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt46.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt56.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt66.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt739.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt86.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt96.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt104.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1110.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt034.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt134.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt224.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt334.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt434.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt534.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt634.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt834.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt934.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt115.0
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd3X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt024192
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt19664
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt213620
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt316396
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt412639
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt518204
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt615379
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt711964
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt816235
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt97736
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/PersonNm0DR BURTON WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm1MICHAEL MEADOWS
IRS990/Form990PartVIISectionAGrp/PersonNm2LORISA WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm3BLAKE DILL
IRS990/Form990PartVIISectionAGrp/PersonNm4JAMES TROY GRANT
IRS990/Form990PartVIISectionAGrp/PersonNm5ANGELA MARSHALL
IRS990/Form990PartVIISectionAGrp/PersonNm6JESSE TURNER
IRS990/Form990PartVIISectionAGrp/PersonNm7SHANNON HAYNES
IRS990/Form990PartVIISectionAGrp/PersonNm8MARCIA RHODES
IRS990/Form990PartVIISectionAGrp/PersonNm9EMILY CHADWICK
IRS990/Form990PartVIISectionAGrp/PersonNm10JAMES AYERS
IRS990/Form990PartVIISectionAGrp/PersonNm11JANET AYERS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0267708
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1166863
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt2156602
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt3146841
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt4150128
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt5124358
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt6120296
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt7114410
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt8105710
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt9113809
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD SECRETARY & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIR OF POST-SECONDARY SUCCESS
IRS990/Form990PartVIISectionAGrp/TitleTxt2ORG. EFFECTIVENESS ADVISOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3COO
IRS990/Form990PartVIISectionAGrp/TitleTxt4CHIEF SCHOLARS OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt5SR. DIRECTOR OF EXP. AND DEV.
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR OF IT & BUS. SOLUTION
IRS990/Form990PartVIISectionAGrp/TitleTxt7CHIEF PROSPERITY OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR OF ACCOUNTING
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR OF HR
IRS990/Form990PartVIISectionAGrp/TitleTxt10Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt11President
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02021
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt00
IRS990/GamingActivitiesInd0false
IRS990/GamingDirectExpensesAmt00
IRS990/GamingGrossIncomeAmt00
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GovernmentGrantsAmt012503075
IRS990/GrantAmt00
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt012871631
IRS990/GrossSalesOfInventoryAmt00
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt02
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt013662
IRS990/InsuranceGrp/ProgramServicesAmt051208
IRS990/InsuranceGrp/TotalAmt064870
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt0368556
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0368556
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LegalDomicileStateCd0TN
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt0144592
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0EXPANDING THE AYERS FOUNDATION SCHOLARS PROGRAM MODEL TO IMPROVE POST-SECONDARY EDUCATION OPPORTUNITIES FOR HIGH SCHOOLERS IN DISTRESSED/AT-RISK RURAL TENNESSEE COUNTIES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt05365363
IRS990/NetAssetsOrFundBalancesEOYAmt011253734
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0368556
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt011109
IRS990/OccupancyGrp/TotalAmt011109
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt056528
IRS990/OfficeExpensesGrp/ProgramServicesAmt0211873
IRS990/OfficeExpensesGrp/TotalAmt0268401
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0103161
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0386662
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0489823
IRS990/OtherExpensesGrp/Desc0MARKETING
IRS990/OtherExpensesGrp/Desc1ADMINISTRATIVE EXPENSES
IRS990/OtherExpensesGrp/Desc2STUDENT ENGAGEMENT EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt045733
IRS990/OtherExpensesGrp/ProgramServicesAmt018832
IRS990/OtherExpensesGrp/ProgramServicesAmt1653414
IRS990/OtherExpensesGrp/TotalAmt018832
IRS990/OtherExpensesGrp/TotalAmt145733
IRS990/OtherExpensesGrp/TotalAmt2653414
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt0150426
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0995035
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03729525
IRS990/OtherSalariesAndWagesGrp/TotalAmt04724560
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt076498
IRS990/PayrollTaxesGrp/ProgramServicesAmt0286723
IRS990/PayrollTaxesGrp/TotalAmt0363221
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt024277
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt090995
IRS990/PensionPlanContributionsGrp/TotalAmt0115272
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt02500000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02139
IRS990/PrincipalOfficerNm0JANET AYERS
IRS990/PriorPeriodAdjustmentsAmt0-1
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt05003540
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0830952
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt01836588
IRS990/PYSalariesCompEmpBnftPaidAmt02336000
IRS990/PYTotalExpensesAmt03166952
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05003540
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt05650
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt05888372
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0107499
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt012503075
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt05003540
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt05000000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt022506615
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0368556
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0368556
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt022506615
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt012503075
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt05003540
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt05000000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt022506615
IRS990ScheduleA/TotalSupportAmt022875171
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/ExpensesSubtotalAmt06983259
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0150426
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RELATED PARTY
IRS990ScheduleD/RevenueSubtotalAmt012871631
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Foundation is a not-for-profit organization that is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code. Accordingly, the Foundation has made no provision for income taxes. The Foundation does not believe there are any uncertain tax positions. Further, the Foundation believes it does not have any unrelated business income, which would be subject to federal income taxes. The Organization is not subject to examination by US federal or state taxing authorities for years before 2021 (date of founding).
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule D, Part X, Line 2
IRS990ScheduleD/TotalExpensesPerForm990Amt06983259
IRS990ScheduleD/TotalLiabilityAmt0150426
IRS990ScheduleD/TotalRevenuePerForm990Amt012871631
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt012871631
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt06983259

Document Assets

No mirrored PDF or thumbnail assets are attached yet.