Springs Inc

Private foundation Oldenburg, IN EIN: 35-2082821

Springs Inc is a private foundation, based in Oldenburg, IN. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $2.1M in total assets. In 2025, it made $251K in qualifying distributions.

Springs Inc at a glance

Total assets
$2,077,141
+43.4% vs 2024
Revenue (2025)
$294,968
+0.7% vs 2024
Qualifying distributions (2025)
$251,120
+86.7% vs 2024
Expenses (2025)
$295,443
+73.7% vs 2024
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated October 2026.

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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesQualifying Distributions
2025$2,077,141$294,968$295,443$251,120
2024$1,448,502$292,914$170,131$134,491
2023$1,020,837$321,782$161,477$161,477
2022$835,141$246,266$158,328$158,328
2021$747,203$211,753$140,499$140,505
2020$675,949$194,820$215,768—

Leadership & Key People

Officers and directors from IRS filings

Springs Inc is led by Leif Anderson, Executive Director on the 2025 filing; 1 of 10 officers listed in 2025 is compensated.

Officers on the 2025 filing

  • Leif Anderson

    Executive Director

    New on the 2025 filing

    40 hrs/week

    $57K (2025)

  • Jean Anderson

    Executive Director

    New on the 2025 filing

    30 hrs/week

    No compensation reported

  • Edward Holmes

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Joan Kelley

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • John Kelley

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Linda Holmes

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Richard Towner

    Director

    On filings since 2020

    30 hrs/week

    No compensation reported

  • Sibyl Towner

    Director

    On filings since 2020

    4 hrs/week

    No compensation reported

  • Christopher Ehrhard

    Director

    On filings since 2022

    10 hrs/week

    No compensation reported

  • Deborah Ehrhard

    Director

    On filings since 2022

    10 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Leif Anderson — Executive Director: $57KLeif AndersonExecutive Director$57K

The highest reported compensation on the 2025 filing was $57K, to Leif Anderson (Executive Director).

Frequently asked questions about Springs Inc

How large is Springs Inc?

Springs Inc reported $2.1M in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $295K.

What is Springs Inc's EIN?

Springs Inc's EIN (Employer Identification Number) is 35-2082821. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated October 2026. Sourced from IRS Form 990-PF filings.

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS July 2, 2026)
  2. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Springs Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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