Civic Intelligence

Teays Valley Educational Foundation

990 • Fiscal year 2023 • EIN 20-8690166

Jul 01, 2022 to Jun 30, 2023 • Filed on Oct 24, 2023

PO Box 146Ashville, OH 43103

(740) 983-5075

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

53rd percentile

4.8%

Higher net margin than 53% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

64th percentile

11%

Faster asset growth than 64% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

42nd percentile

-1.8%

Faster revenue growth than 42% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$438,247

Up $42,258 (+11%) from 2022

Net Assets

Up

$438,247

Up $42,258 (+11%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Down

$283,965

Down $5,063 (-1.8%) from 2022

Expenses

Down

$270,208

Down $20,548 (-7.1%) from 2022

Net Income

Up

$13,757

Up $15,485 (+896%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0Assets 2012: $96,503Liabilities 2012: $02012Assets 2013: $142,799Liabilities 2013: $0Net Assets 2013: $142,7992013Assets 2014: $269,836Liabilities 2014: $0Net Assets 2014: $269,8362014Assets 2015: $344,975Liabilities 2015: $0Net Assets 2015: $344,9752015Assets 2016: $426,778Liabilities 2016: $0Net Assets 2016: $426,7782016Assets 2017: $763,441Liabilities 2017: $0Net Assets 2017: $763,4412017Assets 2018: $759,627Liabilities 2018: $0Net Assets 2018: $759,6272018Assets 2019: $442,606Liabilities 2019: $0Net Assets 2019: $442,6062019Assets 2020: $381,766Liabilities 2020: $4,677Net Assets 2020: $377,0892020Assets 2021: $411,217Liabilities 2021: $0Net Assets 2021: $411,2172021Assets 2022: $395,989Liabilities 2022: $0Net Assets 2022: $395,9892022Assets 2023: $438,247Liabilities 2023: $0Net Assets 2023: $438,2472023Assets 2024: $504,602Liabilities 2024: $0Net Assets 2024: $504,6022024Assets 2025: $693,413Liabilities 2025: $0Net Assets 2025: $693,4132025

Highlighted filing

2023

Assets$438,247
Liabilities$0
Net Assets$438,247

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2012: $44,768Expenses 2012: $21,878Net Income 2012: $22,8902012Expenses 2013: $165,4292013Revenue 2014: $201,577Expenses 2014: $77,356Net Income 2014: $124,2212014Revenue 2015: $194,139Expenses 2015: $116,150Net Income 2015: $77,9892015Revenue 2016: $256,571Expenses 2016: $171,807Net Income 2016: $84,7642016Revenue 2017: $553,659Expenses 2017: $216,996Net Income 2017: $336,6632017Revenue 2018: $335,073Expenses 2018: $338,887Net Income 2018: -$3,8142018Revenue 2019: $338,574Expenses 2019: $655,595Net Income 2019: -$317,0212019Revenue 2020: $273,997Expenses 2020: $339,514Net Income 2020: -$65,5172020Revenue 2021: $266,077Expenses 2021: $285,949Net Income 2021: -$19,8722021Revenue 2022: $289,028Expenses 2022: $290,756Net Income 2022: -$1,7282022Revenue 2023: $283,965Expenses 2023: $270,208Net Income 2023: $13,7572023Revenue 2024: $335,863Expenses 2024: $269,908Net Income 2024: $65,9552024Revenue 2025: $339,074Expenses 2025: $293,451Net Income 2025: $45,6232025

Highlighted filing

2023

Revenue$283,965
Expenses$270,208
Net Income$13,757
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Oct 24, 2023
Return Version
2022v5.0
Gross Receipts
$349,540
Mission and Program Overview

Mission

To support the development and implementaion of school improvement initiatives, model programs, award grants and scholarships, and leverage community resources to support, strengthen, and improve public education in the teays valley local schools.

To support the development and implementation of school improvement initiatives, model programs, award grants and scholdarship, and leverage community resources to support, strengthen, and improve public education in the teays valley local schools.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$395,198$434,400▲ $39,202
Prepaid Expenses and Deferred Charges$791$3,847▲ $3,056
Total Assets$395,989$438,247▲ $42,258
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$395,989$438,247▲ $42,258
Total Net Assets Fund Balance$395,989$438,247▲ $42,258
Total Liabilities and Net Assets / Fund Balance$395,989$438,247▲ $42,258

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$638,974-▲ $39,406-$653,380
2021$701,805$23,500▼ $86,331-$638,974
2020$633,339-▲ $68,466-$701,805
2019$614,647$5,000▲ $13,693-$633,340
2018$276,749$287,903▲ $49,995-$614,647
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$283,312
Program Service Revenue
$0
Investment Income
$653
Other Revenue
$0
All Other Contributions
$197,914
Change in Net Assets
$13,757

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Other Non Cash Contri Table200$49,700
Total Noncash Contributions200$49,700
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$267,160
Other Expenses$3,048
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$201,500--$201,500
Grants to Domestic Orgs$65,660--$65,660
Insurance$1,017--$1,017
Fees for Services Accounting$550--$550
Office Expenses$219--$219
Other Expenses$100--$100
Advertising$100--$100
Total Functional Expenses$270,208$0$0$270,208
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Tvlsd - Various Classroom Grants--Program Enrichment$65,660
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$65,575
Fundraising Gross Income$65,575
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auction$150,973$65,575-$65,575
Total Events$150,973$65,575$49,700$15,875
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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

Form 990, Part VI, Section B, Line 11B

Form 990 is reviewed by the signing officer and/or the board prior to filing.

Form 990, Part VI, Section B, Line 12C

Each board member completes a conflict of interest statement annually.

Form 990, Part VI, Section C, Line 19

The organization's governing documents are available for public inspection upon request.

Filing and Contact Details

Filer

Filer Name
Teays Valley Educational Foundation
EIN
20-8690166
Phone
7409835075
Address
PO BOX 146, ASHVILLE, OH 43103

Signing Officer

Name
Brett Triplett
Title
Treasurer
Phone
7409835075
Signed
2023-10-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Patrick Pickett
Formed
2007
Legal Domicile
Oh
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
0

Preparer

Firm
Whited Seigneur Sams & Rahe Cpas Llp
Address
213 SOUTH PAINT STREET, CHILLICOTHE, OH 45601-3828
Preparer
Kathleen Alderman
Phone
7407022600
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

CHANGE IN FUNDS 28,501.

Financial Statement Notes

PART V, LINE 4:

Intended uses for endowment funds the endowment funds were created to be used for scholarships and classroom grants.

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IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0283312
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0288849
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0265876
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0268577
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0146680
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01253294
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0653
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0179
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0201
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01953
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt03002
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt05988
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99520
IRS990ScheduleA/PublicSupportPY170Pct00.99100
IRS990ScheduleA/PublicSupportTotal170Amt01253294
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0283312
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0288849
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0265876
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0268577
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0146680
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01253294
IRS990ScheduleA/TotalSupportAmt01259282
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/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct01.00000
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0638974
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0653380
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt025000
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt039406
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0701805
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt023500
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0638974
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-86331
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0633339
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0701805
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt068466
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0614647
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt05000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0633340
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt013693
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0276749
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0287903
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0614647
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt049995
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd01
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd01
IRS990ScheduleD/RelatedOrgListSchRInd00
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0INTENDED USES FOR ENDOWMENT FUNDS THE ENDOWMENT FUNDS WERE CREATED TO BE USED FOR SCHOLARSHIPS AND CLASSROOM GRANTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt085398
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt085398
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt049700
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0AUCTION
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0150973
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0150973
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt065575
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt065575
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt015875
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt049700
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt049700
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0201500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0ENDOWED SCHOLARSHIP
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt030
IRS990ScheduleI/RecipientTable/CashGrantAmt065660
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0PROGRAM ENRICHMENT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0TVLSD - VARIOUS CLASSROOM GRANTS
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0PART I, LINE 2 - PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS. THE ORGANIZATION REMITS SCHOALRSHIP PAYMENTS DIRECTLY TO THE SCHOOLS ATTENDED AND THE SCHOLARSHIP RECIPIENTS ARE REQUIRED TO SUBMIT THEIR GRADES EACH SEMESTER BEFORE REMITTANCE IS MADE.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, SCHEDULE I, PART IV
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt0200
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0AUCTION ITEMS
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt049700
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS REVIEWED BY THE SIGNING OFFICER AND/OR THE BOARD PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH BOARD MEMBER COMPLETES A CONFLICT OF INTEREST STATEMENT ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S GOVERNING DOCUMENTS ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CHANGE IN FUNDS 28,501.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0OH
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0395989
IRS990/TotalAssetsEOYAmt0438247
IRS990/TotalAssetsGrp/BOYAmt0395989
IRS990/TotalAssetsGrp/EOYAmt0438247
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0283312
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0270208
IRS990/TotalFunctionalExpensesGrp/TotalAmt0270208
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0395989
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0438247
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0270208
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0653
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.93$0.00$6.93$3.39$2.93$0.46
2024Detailed filing. Detailed filing data is available for this year.$5.05$0.00$5.05$3.36$2.70$0.66
2023Detailed filing. Detailed filing data is available for this year.$4.38$0.00$4.38$2.84$2.70$0.14
2022Detailed filing. Detailed filing data is available for this year.$3.96$0.00$3.96$2.89$2.91$0.02
2021Detailed filing. Detailed filing data is available for this year.$4.11$0.00$4.11$2.66$2.86$0.20
2020Detailed filing. Detailed filing data is available for this year.$3.82$0.05$3.77$2.74$3.40$0.66
2019Detailed filing. Detailed filing data is available for this year.$4.43$0.00$4.43$3.39$6.56$3.17
2018Detailed filing. Detailed filing data is available for this year.$7.60$0.00$7.60$3.35$3.39$0.04
2017Detailed filing. Detailed filing data is available for this year.$7.63$0.00$7.63$5.54$2.17$3.37
2016Detailed filing. Detailed filing data is available for this year.$4.27$0.00$4.27$2.57$1.72$0.85
2015Detailed filing. Detailed filing data is available for this year.$3.45$0.00$3.45$1.94$1.16$0.78
2014Detailed filing. Detailed filing data is available for this year.$2.70$0.00$2.70$2.02$0.77$1.24
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.43$0.00$1.43$1.65
2012Summary only. Only limited summary data is available for this year.$0.97$0.00$0.45$0.22$0.23