Nonprofit · EIN 39-2005260
ASSET BUILDERS OF AMERICA INC
Tax-exempt · MADISON, WI 53704
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $313,915 | $290,821 | $23,094 | $806,707 | $38,418 | $768,289 |
| December 31, 2024 | 990 | $312,794 | $271,817 | $40,977 | $716,326 | $27,398 | $688,928 |
| December 31, 2023 | 990 | $481,986 | $247,456 | $234,530 | $598,851 | $21,674 | $577,177 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $287,409
- of which government grants
- $4,950
- Program service revenue
- $12,575
- Investment income
- $13,856
- Other revenue
- $75
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $117,080
- Salaries, compensation and benefits (total)
- $128,157
- Professional fundraising fees
- $0
- Accounting fees
- $14,385
- Occupancy
- $450
- Travel
- $27,100
- Depreciation
- $85
- Program services (functional)
- $212,809
- Management and general (functional)
- $53,105
- Fundraising (functional)
- $24,907
Balance sheet and other
- Total assets, start of year
- $716,326
- Total assets, end of year
- $806,707
- Total liabilities, end of year
- $38,418
- Net assets, end of year
- $768,289
- Land, buildings and equipment
- $1,607
- Publicly traded securities
- $596,740
- Net assets without donor restrictions
- $638,907
- Net assets with donor restrictions
- $129,382
- Gross receipts
- $313,915
- Employees
- 1
- Volunteers
- 250
- Year formed
- 1999
- State of legal domicile
- WI
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICHARD ENTENMANN | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $117,079 |
| SCOTT BEYER | CHAIR Trustee or director, Officer | 1 | $0 |
| COLLEEN WOGGON | VICE-CHAIR Trustee or director, Officer | 1 | $0 |
| TIM BARTHEL | TREASURER Trustee or director, Officer | 1 | $0 |
| ERIC CHRISTIANSEN | SECRETARY Trustee or director, Officer | 1 | $0 |
| STEVEN DEVOUGAS | DIRECTOR Trustee or director | 1 | $0 |
| STEVE VALE | DIRECTOR Trustee or director | 1 | $0 |
| JOE MCNEIL | DIRECTOR Trustee or director | 1 | $0 |
| ERIN BYKOWSKI | DIRECTOR Trustee or director | 1 | $0 |
| LEANN EDDINGSAAS | DIRECTOR Trustee or director | 1 | $0 |
| MATT MOORE | DIRECTOR Trustee or director | 1 | $0 |
| KRIS GAGLIANO | DIRECTOR Trustee or director | 1 | $0 |
| KELLY HLADOVCAK | DIRECTOR Trustee or director | 1 | $0 |
| GREG FLECK | DIRECTOR Trustee or director | 1 | $0 |
| PAM ANDERSON | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 14 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RICHARD ENTENMANN | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $108,249 | $7,279 |
| PAM ANDERSON | CHAIRMAN (THRU FEB)/DIRECTOR Trustee or director, Officer | 1 | $0 | $0 |
| SCOTT BEYER | CHAIRMAN (BEG MARCH) Trustee or director, Officer | 1 | $0 | $0 |
| ERIC CHRISTIANSEN | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| STEVEN DEVOUGAS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ERIN BYKOWSKI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LEANN EDDINGSAAS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| STEVE VALE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOE MCNEIL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TIM BARTHEL | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| COLLEEN WOGGON | VICE-CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| MATT MOORE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JIM KUBEK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| NAFESSA BURDINE | DIRECTOR (THRU OCT) Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICHARD ENTENMANN | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $111,056 |
| PAM ANDERSON | CO-CHAIR Trustee or director, Officer | 1 | $0 |
| SCOTT BEYER | CO-CHAIR Trustee or director, Officer | 1 | $0 |
| ERIC CHRISTIANSEN | SECRETARY Trustee or director, Officer | 1 | $0 |
| STEVEN DEVOUGAS | DIRECTOR Trustee or director | 1 | $0 |
| JIM KUBEK | DIRECTOR Trustee or director | 1 | $0 |
| NAFESSA BURDINE | DIRECTOR Trustee or director | 1 | $0 |
| STEVE VALE | DIRECTOR Trustee or director | 1 | $0 |
| JOE MCNEIL | DIRECTOR Trustee or director | 1 | $0 |
| TIM BARTHEL | TREASURER Trustee or director, Officer | 1 | $0 |
| COLLEEN WOGGON | DIRECTOR Trustee or director | 1 | $0 |
| JANE ROLOFF | DIRECTOR (THRU MID APRIL) Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1213 N SHERMAN AVE 195, MADISON, WI 53704-4236
- In care of
- % RICHARD ENTENMANN
- Principal officer (990 for 2025)
- RICHARD ENTENMANN, 1213 N SHERMAN AVE 195, MADISON, WI 53704
- Signed the 990
- RICHARD ENTENMANN, EXECUTIVE DIRECTOR
- Phone
- (608) 663-6332
- Website
- ASSETBUILDERS.ORG
- Return prepared by
- WEGNER CPAS LLP
Mission
THE MISSION OF ASSET BUILDERS OF AMERICA INC. IS TO DELIVER FINANCIAL EDUCATION AND WEALTH-BUILDING STRATEGIES THAT ENHANCE THE QUALITY OF LIFE OF LOW-WEALTH YOUTH, FAMILIES AND COMMUNITIES.
Program accomplishments
- THE FINANCIAL AND INVESTMENT CHALLENGE BOWL (FICB) TEACHES HIGH SCHOOL STUDENTS ABOUT BUDGETING, CREDIT, ECONOMICS, PERSONAL FINANCE, AND INVESTING. STUDENTS FORM TEAMS OF FOUR STUDENTS EACH, STUDY, PRACTICE, AND EVENTUALLY COMPETE IN A COLLEGE-BOWL TOURNAMENT THAT SHOWCASES THEIR KNOWLEDGE AND ACHIEVEMENTS IN AN ATMOSPHERE OF FRIENDLY COMPETITION. APPROXIMATELY 1400 STUDENTS COMPETE EACH YEAR.Expenses $201,879 · revenue $12,575
- THE YOUTH POWER ACADEMY OF FINANCE IS A TWO-WEEK PERSONAL FINANCE AND COLLEGE READINESS "BOOT CAMP" FOR STUDENTS ENTERING MIDDLE SCHOOL AND EARLY HIGH SCHOOL STUDENTS. ABOUT 20 STUDENTS PARTICIPATE DURING THE YEAR.Expenses $10,930
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 39-2005260
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2001
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B90)
- Assets (IRS master file)
- $806,707
- Income (IRS master file)
- $313,915
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $313,915 | $290,821 | $806,707 | XML |
| 990 | December 2024 | $312,794 | $271,817 | $716,326 | XML |
| 990 | December 2023 | $481,986 | $247,456 | $598,851 | XML |
| 990 | December 2022 | $245,974 | $245,694 | $320,302 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 39-2005260).
Questions about ASSET BUILDERS OF AMERICA INC
- What is the EIN of ASSET BUILDERS OF AMERICA INC?
- The employer identification number (EIN) of ASSET BUILDERS OF AMERICA INC is 39-2005260.
- Is ASSET BUILDERS OF AMERICA INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to ASSET BUILDERS OF AMERICA INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ASSET BUILDERS OF AMERICA INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ASSET BUILDERS OF AMERICA INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ASSET BUILDERS OF AMERICA INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of ASSET BUILDERS OF AMERICA INC?
- The 990 for the year ended December 31, 2025 names RICHARD ENTENMANN.
- Who are the officers and directors of ASSET BUILDERS OF AMERICA INC?
- The 990 for the year ended December 31, 2025 lists 15 people; 1 received compensation from the organization, the highest $117,079 (RICHARD ENTENMANN, EXECUTIVE DIRECTOR).
- How much revenue does ASSET BUILDERS OF AMERICA INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $313,915, expenses of $290,821 and total assets of $806,707 at year end.
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