American Public Education Foundation is located in Collierville, TN. The organization was established in 2009. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Public Education Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, American Public Education Foundation generated $225.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $273.5k during the year ending 12/2023. While expenses have increased by 5.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION JOINED A GROWING ROSTER OF FINANCIAL AND EDUCATION EXPERTS WHO CALL FOR FINANCIAL EDUCATION FOR STUDENTS AT AN EARLY AGE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David A Pickler Executive Director | 2 | $0 | |
Cassie Foote Asst Executive Director | 30 | $91,854 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $219,954 |
| Interest on Savings | $2 |
| Dividends & Interest | $528 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,847 |
| Capital Gain Net Income | $3,847 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,251 |
| Total Revenue | $225,582 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $94,829 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $273,486 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $273,486 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,366 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $31,366 |
| Accounts payable and accrued expenses | $1,500 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,500 |
Over the last fiscal year, American Public Education Foundation has awarded $20,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
PERRY COUNTY SCHOOL SYSTEM PURPOSE: SUPPORT OF FINANCIAL LITERACY PROGRAMS | $10,000 |
RUTHERFORD COUNTY SCHOOL SYSTEM PURPOSE: SUPPORT OF FINANCIAL LITERACY PROGRAMS | $10,000 |