Civic Intelligence

Keystone Central Foundation

990 • Fiscal year 2014 • EIN 23-2338225

Jan 01, 2014 to Dec 31, 2014 • Filed on Feb 02, 2015

PO Box 568Lock Haven, PA 17745-0568

(570) 748-4011

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

55th percentile

0.00x

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

95th percentile

63%

Higher net margin than 95% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

69th percentile

16%

Faster asset growth than 69% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

90th percentile

77%

Faster revenue growth than 90% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Up

$425,464

Up $59,650 (+16%) from 2013

Net Assets

Up

$425,464

Up $59,650 (+16%) from 2013

Liabilities

Flat

$0

Flat from 2013

Revenue

Up

$112,769

Up $49,224 (+77%) from 2013

Expenses

Down

$41,290

Down $22,781 (-36%) from 2013

Net Income

Up

$71,479

Up $72,005 (+13689%) from 2013

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $312,622Liabilities 2011: $0Net Assets 2011: $312,6222011Assets 2012: $341,469Liabilities 2012: $0Net Assets 2012: $341,4692012Assets 2013: $365,814Liabilities 2013: $0Net Assets 2013: $365,8142013Assets 2014: $425,464Liabilities 2014: $0Net Assets 2014: $425,4642014Assets 2015: $692,702Liabilities 2015: $0Net Assets 2015: $692,7022015Assets 2016: $739,871Liabilities 2016: $0Net Assets 2016: $739,8712016Assets 2017: $1,056,923Liabilities 2017: $0Net Assets 2017: $1,056,9232017Assets 2018: $1,044,460Liabilities 2018: $0Net Assets 2018: $1,044,4602018Assets 2019: $1,136,815Liabilities 2019: $0Net Assets 2019: $1,136,8152019Assets 2020: $1,188,673Liabilities 2020: $5,643Net Assets 2020: $1,183,0302020Assets 2021: $1,267,307Liabilities 2021: $561Net Assets 2021: $1,266,7462021Assets 2022: $1,030,475Liabilities 2022: $447Net Assets 2022: $1,030,0282022Assets 2023: $1,397,728Liabilities 2023: $584Net Assets 2023: $1,397,1442023Assets 2024: $1,509,953Liabilities 2024: $787Net Assets 2024: $1,509,1662024

Highlighted filing

2014

Assets$425,464
Liabilities$0
Net Assets$425,464

Operations Trend

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

$400K$200K$0-$200KExpenses 2011: $58,6022011Expenses 2012: $71,3552012Revenue 2013: $63,545Expenses 2013: $64,071Net Income 2013: -$5262013Revenue 2014: $112,769Expenses 2014: $41,290Net Income 2014: $71,4792014Revenue 2015: $379,628Expenses 2015: $60,392Net Income 2015: $319,2362015Revenue 2016: $72,471Expenses 2016: $65,445Net Income 2016: $7,0262016Revenue 2017: $369,862Expenses 2017: $90,829Net Income 2017: $279,0332017Revenue 2018: $187,024Expenses 2018: $85,305Net Income 2018: $101,7192018Revenue 2019: $173,870Expenses 2019: $180,470Net Income 2019: -$6,6002019Revenue 2020: $109,090Expenses 2020: $104,928Net Income 2020: $4,1622020Revenue 2021: $255,719Expenses 2021: $194,857Net Income 2021: $60,8622021Revenue 2022: $153,772Expenses 2022: $219,083Net Income 2022: -$65,3112022Revenue 2023: $383,375Expenses 2023: $177,369Net Income 2023: $206,0062023Revenue 2024: $235,853Expenses 2024: $200,009Net Income 2024: $35,8442024

Highlighted filing

2014

Revenue$112,769
Expenses$41,290
Net Income$71,479
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Feb 2, 2015
Return Version
2014v5.0
Gross Receipts
$137,812
Mission and Program Overview

Mission

Kestone central foundation is organized exclusively for charitable, cultural, and educational purpose to benefit students of the keystone central school district by promoting education, extracurricular activities, and such other charitable purposes as will enhance the education and welfare of students of the keystone central school district.

Keystone central foundation is organized to fund scholarships and extracurricular activities of the keystone central school district.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$326,108$383,593▲ $57,485
Cash and Non-Interest-Bearing Accounts$39,706$41,871▲ $2,165
Total Assets$365,814$425,464▲ $59,650
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$257,502$252,942▼ $4,560
Temporarily Rstr Net Assets$108,312$172,522▲ $64,210
Total Net Assets Fund Balance$365,814$425,464▲ $59,650
Total Liabilities and Net Assets / Fund Balance$365,814$425,464▲ $59,650

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$383,593--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Karen BrandtPresident
Wayne AllisonVice President
Albert JonesDirector
Bob DwyerDirector
Dan KunesDirector
Douglas ByerlyDirector
James BerkebileDirector
Karen ProbstDirector
Kline WilliamsDirector
Leslie SmithDirector
Richard ConklinDirector
Richard StuempfleDirector
Steve TurchettaDirector
Stuart L HallDirector
Terry MurtyDirector
Zach HannaDirector
Robert O Rolley JrSecretary
Lea Ann S PlessingerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$76,806
Program Service Revenue
$0
Investment Income
$24,035
Other Revenue
$11,928
All Other Contributions
$76,806
Change in Net Assets
$71,479
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$24,630
Grants and Similar Amounts Paid$16,660
Total Fundraising Expense$271
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$16,660--$16,660
Fees for Service Investment Mgmnt Fees$3,457--$3,457
Fees for Services Accounting$267$266$266$799
Office Expenses$83$83-$166
Other Expenses$100$11$5$100
Total Functional Expenses$40,659$360$271$41,290
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$19,712
Fundraising Direct Expenses$7,784
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala Fundraiser$19,712$19,712$4,354$15,358
Total Events$19,712$19,712$7,784$11,928
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
Yes
Audit committee
Yes
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
No
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 11

Form 990 is presented to the board of directors for review. The floor is then open to any questions and/or suggestions. After any questions and/or suggestions are resolved, the board of directors hold a vote to approve form 990. Once approved, form 990 is then signed and file with the internal revenue service.

Form 990, Part VI, Section C, Line 19

The foundation makes its governing documents and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Keystone Central Foundation
EIN
23-2338225
Phone
5707484011
Address
PO BOX 568, LOCK HAVEN, PA 17745-0568

Signing Officer

Name
Karen Brandt
Title
President
Phone
5707484011
Signed
2015-02-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Karen Brandt
Formed
1986
Legal Domicile
Pa
Voting Board Members
18
Independent Board Members
18
Employees
0
Volunteers
0

Preparer

Firm
Lea Ann S Plessinger CPA LLC
Address
TWO EAST WATER STREET, LOCK HAVEN, PA 17745-0568
Preparer
Lea Ann S Plessinger CPA LLC
Phone
5707484011
Supplemental Narrative

Additional Explanations

Form 990, Part XIII, Line 2C

The board of directors assumes the responsibility for oversight of the compilation of its financial statements and selection of an independent account.

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IRS990/OtherExpensesGrp/Desc0STADIUM DONATIONS
IRS990/OtherExpensesGrp/Desc1COMPUTER EXPENSES
IRS990/OtherExpensesGrp/Desc2TAX & LICENSES
IRS990/OtherExpensesGrp/FundraisingAmt05
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt011
IRS990/OtherExpensesGrp/ProgramServicesAmt020000
IRS990/OtherExpensesGrp/ProgramServicesAmt192
IRS990/OtherExpensesGrp/ProgramServicesAmt2100
IRS990/OtherExpensesGrp/TotalAmt020000
IRS990/OtherExpensesGrp/TotalAmt1108
IRS990/OtherExpensesGrp/TotalAmt2100
IRS990/OtherOrganizationDsc0FOUNDATION
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0KAREN BRANDT
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt046900
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt017056
IRS990/PYInvestmentIncomeAmt014370
IRS990/PYOtherExpensesAmt047015
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt02275
IRS990/PYRevenuesLessExpensesAmt0-526
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt064071
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt063545
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt071479
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt015366
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt092172
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt054844
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt091176
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt038249
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt085275
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0361716
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt08669
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt06426
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt07136
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt06963
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt06383
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt035577
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt08669
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt06426
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt07136
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt06963
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt06383
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt035577
IRS990ScheduleA/InvestmentIncomeCYPct00.08410
IRS990ScheduleA/InvestmentIncomePYPct00.07540
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt019712
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt02275
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt01890
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt02065
IRS990ScheduleA/OtherIncome509Grp/TotalAmt025942
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.85460
IRS990ScheduleA/PublicSupportPY509Pct00.91120
IRS990ScheduleA/PublicSupportTotal509Amt0361716
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt092172
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt054844
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt091176
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt038249
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt085275
IRS990ScheduleA/Total509Grp/TotalAmt0361716
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0120553
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt063545
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0100202
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt047277
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt091658
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0423235
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/DisclosedForCharitablePrpsInd01
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0383593
IRS990ScheduleD/OtherSecuritiesGrp/Desc0INVESTMENT, SECURITIES
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt0383593
IRS990ScheduleG/AgrmtProfFundraisingActyInd00
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt07784
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GALA FUNDRAISER
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt03430
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt03430
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt019712
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt019712
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt019712
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt019712
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt011928
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt04354
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt04354
IRS990ScheduleG/InPersonSolicitationsInd0X
IRS990ScheduleG/LicensedStatesCd0PA
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt016660
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIP DISBURSEMENT TO VARIOUS INDIVIDUALS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt065
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0SCHOLARSHIP DISTRIBUTIONS ARE TO BE USED FOR VARIOUS ACTIVITIES AT KEYSTONE CENTRAL SCHOOL DISTRICT. THE BOARD OF DIRECTORS MONITOR THE DISTRIBUTIONS THROUGH CORRESPONDENCE WITH KEYSTONE CENTRAL SCHOOL DISTRICT.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS PRESENTED TO THE BOARD OF DIRECTORS FOR REVIEW. THE FLOOR IS THEN OPEN TO ANY QUESTIONS AND/OR SUGGESTIONS. AFTER ANY QUESTIONS AND/OR SUGGESTIONS ARE RESOLVED, THE BOARD OF DIRECTORS HOLD A VOTE TO APPROVE FORM 990. ONCE APPROVED, FORM 990 IS THEN SIGNED AND FILE WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS ASSUMES THE RESPONSIBILITY FOR OVERSIGHT OF THE COMPILATION OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART XIII, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0PA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxableDistributionsInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0108312

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.51$0.00$1.51$0.24$0.20$0.04
2023Detailed filing. Detailed filing data is available for this year.$1.40$0.00$1.40$0.38$0.18$0.21
2022Detailed filing. Detailed filing data is available for this year.$1.03$0.00$1.03$0.15$0.22$0.07
2021Detailed filing. Detailed filing data is available for this year.$1.27$0.00$1.27$0.26$0.19$0.06
2020Detailed filing. Detailed filing data is available for this year.$1.19$0.01$1.18$0.11$0.10$0.00
2019Detailed filing. Detailed filing data is available for this year.$1.14$0.00$1.14$0.17$0.18$0.01
2018Detailed filing. Detailed filing data is available for this year.$1.04$0.00$1.04$0.19$0.09$0.10
2017Detailed filing. Detailed filing data is available for this year.$1.06$0.00$1.06$0.37$0.09$0.28
2016Detailed filing. Detailed filing data is available for this year.$0.74$0.00$0.74$0.07$0.07$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.69$0.00$0.69$0.38$0.06$0.32
2014Detailed filing. Detailed filing data is available for this year.$0.43$0.00$0.43$0.11$0.04$0.07
2013Detailed filing. Detailed filing data is available for this year.$0.37$0.00$0.37$0.06$0.06$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.34$0.00$0.34$0.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.31$0.00$0.31$0.06