Civic Intelligence

Keystone Central Foundation

990 • Fiscal year 2017 • EIN 23-2338225

Jan 01, 2017 to Dec 31, 2017 • Filed on Feb 24, 2018

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

14th percentile

0.00x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

14th percentile

0.00x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

96th percentile

75%

Higher net margin than 96% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

90th percentile

43%

Faster asset growth than 90% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

98th percentile

410%

Faster revenue growth than 98% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$1,056,923

Up $317,052 (+43%) from 2016

Net Assets

Up

$1,056,923

Up $317,052 (+43%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Up

$369,862

Up $297,391 (+410%) from 2016

Expenses

Up

$90,829

Up $25,384 (+39%) from 2016

Net Income

Up

$279,033

Up $272,007 (+3871%) from 2016

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

2017

Assets$1,056,923
Liabilities$0
Net Assets$1,056,923

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

2017

Revenue$369,862
Expenses$90,829
Net Income$279,033
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Feb 24, 2018
Return Version
2017v2.2
Gross Receipts
$485,825
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 in Publicly Traded Securities$713,278$1,034,127▲ $320,849
Cash and Non-Interest-Bearing Accounts$26,593$22,796▼ $3,797
Total Assets$739,871$1,056,923▲ $317,052
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Temporarily Rstr Net Assets$431,590$507,331▲ $75,741
Unrestricted Net Assets$257,541$280,312▲ $22,771
Permanently Rstr Net Assets$50,740$269,280▲ $218,540
Total Net Assets Fund Balance$739,871$1,056,923▲ $317,052
Total Liabilities and Net Assets / Fund Balance$739,871$1,056,923▲ $317,052
Compensation and Service Providers

Board Members and Trustees

NameTitle
Karen BrandtPresident
Albert JonesDirector
Beth RiccardoDirector
Bob DwyerDirector
Deanna HillDirector
Jack PetersDirector
James BerkebileDirector
Jeff JohnstonDirector
Karen ProbstDirector
Kelly HastingsDirector
Kline WilliamsDirector
Leslie SmithDirector
Richard StuempfleDirector
Ron BowesDirector
Steve TurchettaDirector
Stuart L HallDirector
Terry MurtyDirector
Zach HannahDirector
Robert O Rolley JrSecretary
Lea Ann S PlessingerTreasurer
Wayne AllisonVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$318,499
Program Service Revenue
$0
Investment Income
$43,036
Other Revenue
$8,327
All Other Contributions
$318,499
Change in Net Assets
$279,033
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$51,630
Other Expenses$39,199
Total Fundraising Expense$1,369
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$51,630--$51,630
Fees for Service Investment Mgmnt Fees-$7,442-$7,442
Fees for Services Accounting$1,227$1,227$1,227$3,681
Other Expenses$1,300--$1,300
Insurance$645--$645
Conferences and Meetings-$358-$358
Office Expenses$179$179-$358
Advertising$142$31$142$315
All Other Expenses$100--$100
Total Functional Expenses$80,223$9,237$1,369$90,829
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$14,436
Fundraising Direct Expenses$6,109
Professional Fundraising Fees$0
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
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, Page 6, Part VI, Line 11B

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 filed with the internal revenue service.

Form 990, Page 6, Part VI, 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
2018-02-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Karen Brandt
Formed
1986
Legal Domicile
Pa
Voting Board Members
21
Independent Board Members
21
Employees
0

Preparer

Firm
Rdf Tax Services LLC
Address
12 N WASHINGTON ST, MONTOURSVILLE, PA 17754-1708
Preparer
Romey D Fagnano
Phone
5706014403
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S 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.

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IRS990/OtherExpensesGrp/Desc1KCSD - ELEMEN BASKETBALL
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IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0269280
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0KAREN BRANDT
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IRS990/ReportOtherAssetsInd0false
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt022,286
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART III, LINE 12
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt06426
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt02000
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IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt02275
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0120139
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0416862
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIP DISBURSEMENT
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt092
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/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0KESTONE 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 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 FILED WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TaxExemptBondsInd0false
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IRS990/TotalAssetsGrp/BOYAmt0739871
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IRS990/TotalEmployeeCnt00
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt080223
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IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
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IRS990/TotalRevenueGrp/ExclusionAmt020203
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0369862
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01056923
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
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IRS990/UnrestrictedNetAssetsGrp/BOYAmt0257541

Document Assets

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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