Civic Intelligence

Foundation for Pottstown Education

990 • Fiscal year 2017 • EIN 22-2630432

Jul 01, 2016 to Jun 30, 2017 • Filed on Feb 09, 2018

Organization ProfileWWW.FOUNDATIONPOTTSTOWNED.ORG
230 Beech StreetPottstown, PA 19464

(610) 323-8200

Siviq Scores

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

Liabilities / Assets

51st percentile

0.04x

Higher debt load relative to assets than 51% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

71st percentile

0.15x

Higher debt load relative to revenue than 71% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

21st percentile

-9.0%

Higher net margin than 21% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

70th percentile

$57,968

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 23.6% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

34th percentile

-1.5%

Faster asset growth than 34% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

33rd percentile

-2.8%

Faster revenue growth than 33% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets51st percentile

Assets

Down

$916,228

Down $14,061 (-1.5%) from 2016

Net Assets

Up

$880,290

Up $21,592 (+2.5%) from 2016

Liabilities

Down

$35,938

Down $35,653 (-50%) from 2016

Revenue And Expenses
Liabilities / Revenue71st percentileNet Margin21st percentile

Revenue

Down

$246,090

Down $7,134 (-2.8%) from 2016

Expenses

Down

$268,231

Down $29,381 (-9.9%) from 2016

Net Income

Up

-$22,141

Up $22,247 (+50%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth34th percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $352,648Liabilities 2011: $7,645Net Assets 2011: $345,0032011Assets 2012: $344,653Liabilities 2012: $4,145Net Assets 2012: $340,5082012Assets 2013: $402,530Liabilities 2013: $4,661Net Assets 2013: $397,8692013Assets 2014: $426,883Liabilities 2014: $6,266Net Assets 2014: $420,6172014Assets 2015: $962,629Liabilities 2015: $67,403Net Assets 2015: $895,2262015Assets 2016: $930,289Liabilities 2016: $71,591Net Assets 2016: $858,6982016Assets 2017: $916,228Liabilities 2017: $35,938Net Assets 2017: $880,2902017Assets 2018: $1,063,869Liabilities 2018: $52,838Net Assets 2018: $1,011,0312018Assets 2019: $987,276Liabilities 2019: $32,936Net Assets 2019: $954,3402019Assets 2020: $1,045,997Liabilities 2020: $66,050Net Assets 2020: $979,9472020Assets 2021: $1,242,969Liabilities 2021: $18,561Net Assets 2021: $1,224,4082021Assets 2022: $1,249,870Liabilities 2022: $30,227Net Assets 2022: $1,219,6432022Assets 2023: $1,341,686Liabilities 2023: $2,739Net Assets 2023: $1,338,9472023Assets 2024: $1,487,814Liabilities 2024: $5,669Net Assets 2024: $1,482,1452024Assets 2025: $1,664,058Liabilities 2025: $5,615Net Assets 2025: $1,658,4432025

Highlighted filing

2017

Assets$916,228
Liabilities$35,938
Net Assets$880,290
Open 2017 Filing

Operations Trend

Revenue Growth33rd percentile

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

$1.0M$500K$0-$500KRevenue 2011: $295,193Expenses 2011: $282,693Net Income 2011: $12,5002011Revenue 2012: $170,344Expenses 2012: $176,630Net Income 2012: -$6,2862012Expenses 2013: $202,8332013Revenue 2014: $431,278Expenses 2014: $408,530Net Income 2014: $22,7482014Revenue 2015: $911,142Expenses 2015: $430,352Net Income 2015: $480,7902015Revenue 2016: $253,224Expenses 2016: $297,612Net Income 2016: -$44,3882016Revenue 2017: $246,090Expenses 2017: $268,231Net Income 2017: -$22,1412017Revenue 2018: $424,761Expenses 2018: $314,847Net Income 2018: $109,9142018Revenue 2019: $326,001Expenses 2019: $417,689Net Income 2019: -$91,6882019Revenue 2020: $566,001Expenses 2020: $567,572Net Income 2020: -$1,5712020Revenue 2021: $571,217Expenses 2021: $494,592Net Income 2021: $76,6252021Revenue 2022: $819,720Expenses 2022: $439,694Net Income 2022: $380,0262022Revenue 2023: $422,198Expenses 2023: $377,846Net Income 2023: $44,3522023Revenue 2024: $469,263Expenses 2024: $428,177Net Income 2024: $41,0862024Revenue 2025: $454,654Expenses 2025: $363,629Net Income 2025: $91,0252025

Highlighted filing

2017

Revenue$246,090
Expenses$268,231
Net Income-$22,141
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Feb 9, 2018
Return Version
2016v3.0
Gross Receipts
$246,090
Mission and Program Overview

Mission

The mission of the foundation for pottstown education is to raise funds for and support life-changing educational opportunities for the students and teachers in the pottstown school district promoting the enhancement of our community.

The vision of the Foundation is to nuture bright, responsible and employable citizens. The Foundation works to support opportunities and infrastructure improvements to fully develop students' potential.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$516,359$569,978▲ $53,619
Cash and Non-Interest-Bearing Accounts$387,323$332,754▼ $54,569
Land, Buildings, and Equipment, Net$16,607$12,540▼ $4,067
Pledges and Grants Receivable$10,000$956▼ $9,044
Total Assets$930,289$916,228▼ $14,061
Liabilities
Accounts Payable and Accrued Expenses$71,591$35,938▼ $35,653
Total Liabilities$71,591$35,938▼ $35,653
Net Assets / Fund Balance
Temporarily Rstr Net Assets$836,924$882,544▲ $45,620
Permanently Rstr Net Assets$20,007$25,000▲ $4,993
Unrestricted Net Assets$1,767$-27,254▼ $29,021
Total Net Assets Fund Balance$858,698$880,290▲ $21,592
Total Liabilities and Net Assets / Fund Balance$930,289$916,228▼ $14,061

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$12,540$7,795$20,335

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$20,007$4,993--$25,000
2015$14,007$6,000--$20,007
2014-$14,007--$14,007
Compensation and Service Providers
Top Officer Pay70th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
michelle dragerExec Director through Aug '16PT$57,968-$57,968
joseph w rusiewiczexec Director beg. jan '17PT$1,442$3,824$5,266

Board Members and Trustees

NameTitle
Tracey BrownPresident beg. nov '16
Ed EdwardsVice President
BARBARA LONgSTRETHDirector
Danielle McCoyDirector
David CharlesDirector
Howard BrownDirector
John FosterDirector
georgette howelldirector
judith m greendirector
lisa m lightcapdirector
matthew kutzdirector
sue ann yocomdirector
John j ArmatoEx Officer/Director
stephen rodriguezEx Officer/Director
a matthew shelakPres through nov '16
melissa m shainlineSecretary
Scott DetarTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$233,580
Program Service Revenue
$0
Investment Income
$12,010
Other Revenue
$500
All Other Contributions
$142,580
Change in Net Assets
$-22,141

Audited Revenue Reconciliation

Revenue per Audited Statements
$246,090
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$43,733
Total Revenue per Audited Statements
$289,823
Total Revenue per Form 990
$246,090
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$158,208
Salaries, Compensation, and Employee Benefits$74,425
Other Expenses$35,598
Total Fundraising Expense$6,324
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$126,100--$126,100
Current Officers, Directors, Trustees, and Key Employees$50,587$6,324$6,324$63,235
Grants to Domestic Individuals$32,108--$32,108
Other Expenses$30,722--$30,722
Other Salaries and Wages$5,938--$5,938
Payroll Taxes$5,252--$5,252
Depreciation Depletion$4,067--$4,067
Fees for Services Other$809--$809
Total Functional Expenses$255,583$6,324$6,324$268,231

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$268,231
Total Expenses per Audited Statements$268,231
Total Expenses per Form 990$268,231
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Pottstown School DistrictPottstown, PA-Various Program Support$85,011
Montgomery County Community CollegeBlue Bell, PA-Early College Program Support$35,089
Pennsylvania PhilharmonicArdmore, PA-Program Support$6,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Pottstown Area Health and Welfare FPrevious EXECUTIVE DIRECTOR OF THE FOUNDATIOn was A BOARD MEMBER OF PAHFFUNDING TO hire new executive directorNo$60,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
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 A, line 4

“Bylaws were updated”

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

“THE Board reviews AND DISCUSSES THE 990, WHICH IS THEN SIGNed BY AN OFFICER.”

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

“THE CONFLICT OF INTEREST Policy shall be reviewed by the Board annually for the information and guidance of members of the Board and officers, and brought to the attention of new members of the Board and officers. In this connection, the Board shall adopt a statement of policy for distribution to such members and officers explaining the obligations of such individuals under applicable laW.”

Form 990, Part VI, Section B, line 15

“Compensation for the Executive Director is determined and approved by the board of directors.”

Form 990, Part VI, Section C, line 19

“MINUTES, BY-LAWS, ANNUAL AUDIT, and the 990 ARE AVAILABLE TO BE REVIEWED UPON REQUEST AT THE ORGANIZATIONS LOCATION.”

Filing and Contact Details

Filer

Filer Name
Foundation for Pottstown Education
EIN
22-2630432
Phone
6103238200
Address
230 BEECH STREET, POTTSTOWN, PA 19464

Signing Officer

Name
Scott Detar
Title
Treasurer
Phone
6103238200
Signed
2018-02-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Scott Detar
Formed
1985
Legal Domicile
Pa
Voting Board Members
16
Independent Board Members
16
Employees
3
Volunteers
16

Preparer

Firm
Herbein Company Inc
Address
2763 Century Boulevard, Reading, PA 19610
Preparer
Linda S Himeback CPA
Phone
6103781175
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C:

“The audit oversight process has not changed from the prior year.”

Financial Statement Notes

Part V, Line 4:

“The endowment funds held are related to scholarship funds for the benefit of the students of the Pottstown School District.”

Part X, Line 2:

“The Foundation is exempt from income taxes under Section 501(c) (3) of the Internal Revenue Code. In accordance with generally accepted accounting principles, the Foundation accounts for uncertain tax positions relative to unrelated business income, if any, as required.”

Raw XML AppendixShowing 400 of 511 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.

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IRS990/Form990PartVIISectionAGrp/PersonNm1TRACEY BROWN
IRS990/Form990PartVIISectionAGrp/PersonNm2Scott Detar
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt1President beg. nov '16
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Ex Officer/Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Pres through nov '16
IRS990/Form990PartVIISectionAGrp/TitleTxt12director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Ex Officer/Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14director
IRS990/Form990PartVIISectionAGrp/TitleTxt15director
IRS990/Form990PartVIISectionAGrp/TitleTxt16director
IRS990/Form990PartVIISectionAGrp/TitleTxt17Exec Dir through Aug '16
IRS990/Form990PartVIISectionAGrp/TitleTxt18exec dir beg. jan '17
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01985
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt016
IRS990/GrantAmt0158208
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt032108
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt032108
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0126100
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0126100
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0246090
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt016
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt012010
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt012010
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0516359
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0569978
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt07795
IRS990/LandBldgEquipBasisNetGrp/BOYAmt016607
IRS990/LandBldgEquipBasisNetGrp/EOYAmt012540
IRS990/LandBldgEquipCostOrOtherBssAmt020335
IRS990/LegalDomicileStateCd0PA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0The Foundation works to support, promote, sponsor and carry out educational, scientific or charitable activities and objectives within or related to the Pottstown School District.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0858698
IRS990/NetAssetsOrFundBalancesEOYAmt0880290
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt043733
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0operating costs
IRS990/OtherExpensesGrp/ProgramServicesAmt030722
IRS990/OtherExpensesGrp/TotalAmt030722
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0miscellaneous revenue
IRS990/OtherRevenueMiscGrp/ExclusionAmt0500
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0500
IRS990/OtherRevenueTotalAmt0500
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt05938
IRS990/OtherSalariesAndWagesGrp/TotalAmt05938
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt05252
IRS990/PayrollTaxesGrp/TotalAmt05252
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt020007
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt025000
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt010000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0956
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0SCOTT DETAR
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0243400
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0157249
IRS990/PYInvestmentIncomeAmt011763
IRS990/PYOtherExpensesAmt029641
IRS990/PYOtherRevenueAmt0-1939
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-44388
IRS990/PYSalariesCompEmpBnftPaidAmt0110722
IRS990/PYTotalExpensesAmt0297612
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0253224
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-22141
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0233580
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0243400
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0480754
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0431119
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0260003
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01648856
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt012010
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt011763
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02630
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0159
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0191
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt026753
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt015673
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98400
IRS990ScheduleA/PublicSupportPY170Pct00.99060
IRS990ScheduleA/PublicSupportTotal170Amt01648856
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0233580
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0243400
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0480754
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0431119
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0260003
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01648856
IRS990ScheduleA/TotalSupportAmt01675609
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/CYEndwmtFundGrp/BeginningYearBalanceAmt020007
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt04993
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt025000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt014007
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt06000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt020007
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt014007
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt014007
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt012540
IRS990ScheduleD/EquipmentGrp/DepreciationAmt07795
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt020335
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0268231
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt043733
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/RevenueNotReportedAmt043733
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0246090
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The endowment funds held are related to scholarship funds for the benefit of the students of the Pottstown School District.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1The Foundation is exempt from income taxes under Section 501(c) (3) of the Internal Revenue Code. In accordance with generally accepted accounting principles, the Foundation accounts for uncertain tax positions relative to unrelated business income, if any, as required.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt012540
IRS990ScheduleD/TotalExpensesPerForm990Amt0268231
IRS990ScheduleD/TotalRevenuePerForm990Amt0246090
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0289823
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0268231
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt032108
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Scholarships
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt047
IRS990ScheduleI/RecipientTable/CashGrantAmt085011
IRS990ScheduleI/RecipientTable/CashGrantAmt135089
IRS990ScheduleI/RecipientTable/CashGrantAmt26000
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Various Program Support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1Early College Program Support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2Program Support
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Pottstown School District
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1Montgomery County Community College
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2Pennsylvania Philharmonic
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0230 Beech Street
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1340 Dekalb Pike
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2PO BOX 162
IRS990ScheduleI/RecipientTable/USAddress/CityNm0POTTSTOWN
IRS990ScheduleI/RecipientTable/USAddress/CityNm1Blue Bell
IRS990ScheduleI/RecipientTable/USAddress/CityNm2ARDMORE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0PA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1PA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2PA

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$916,228
Liabilities
$35,938
Net assets
$880,290
Revenue
$246,090
Expenses
$268,231
Net income
-$22,141
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.66$0.01$1.66$0.45$0.36$0.09
2024Detailed filing. Detailed filing data is available for this year.$1.49$0.01$1.48$0.47$0.43$0.04
2023Detailed filing. Detailed filing data is available for this year.$1.34$0.00$1.34$0.42$0.38$0.04
2022Detailed filing. Detailed filing data is available for this year.$1.25$0.03$1.22$0.82$0.44$0.38
2021Detailed filing. Detailed filing data is available for this year.$1.24$0.02$1.22$0.57$0.49$0.08
2020Detailed filing. Detailed filing data is available for this year.$1.05$0.07$0.98$0.57$0.57$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.99$0.03$0.95$0.33$0.42$0.09
2018Detailed filing. Detailed filing data is available for this year.$1.06$0.05$1.01$0.42$0.31$0.11
2017Detailed filing. Detailed filing data is available for this year.$0.92$0.04$0.88$0.25$0.27$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.93$0.07$0.86$0.25$0.30$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.96$0.07$0.90$0.91$0.43$0.48
2014Detailed filing. Detailed filing data is available for this year.$0.43$0.01$0.42$0.43$0.41$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.40$0.00$0.40$0.20
2012Summary only. Only limited summary data is available for this year.$0.34$0.00$0.34$0.17$0.18$0.01
2011Summary only. Only limited summary data is available for this year.$0.35$0.01$0.35$0.30$0.28$0.01