Civic Intelligence

Keystone Central Foundation

990 • Fiscal year 2022 • EIN 23-2338225

Jan 01, 2022 to Dec 31, 2022 • Filed on Aug 08, 2023

PO Box 565Lock Haven, PA 17745-0565

(570) 748-4011

Siviq Scores

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

Liabilities / Assets

19th percentile

0.00x

Higher debt load relative to assets than 19% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

21st percentile

0.00x

Higher debt load relative to revenue than 21% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

8th percentile

-42%

Higher net margin than 8% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

42nd percentile

$20,603

Higher top officer pay than 42% of similar nonprofits.

Top officer pay equals 13.4% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

9th percentile

-19%

Faster asset growth than 9% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

10th percentile

-40%

Faster revenue growth than 10% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Down

$1,030,475

Down $236,832 (-19%) from 2021

Net Assets

Down

$1,030,028

Down $236,718 (-19%) from 2021

Liabilities

Down

$447

Down $114 (-20%) from 2021

Revenue

Down

$153,772

Down $101,947 (-40%) from 2021

Expenses

Up

$219,083

Up $24,226 (+12%) from 2021

Net Income

Down

-$65,311

Down $126,173 (-207%) from 2021

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

2022

Assets$1,030,475
Liabilities$447
Net Assets$1,030,028

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

2022

Revenue$153,772
Expenses$219,083
Net Income-$65,311
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Aug 8, 2023
Return Version
2022v5.0
Gross Receipts
$355,726
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$1,186,759$945,087▼ $241,672
Cash and Non-Interest-Bearing Accounts$80,548$85,388▲ $4,840
Total Assets$1,267,307$1,030,475▼ $236,832
Liabilities
Other Liabilities$561$447▼ $114
Total Liabilities$561$447▼ $114
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,167,925$919,150▼ $248,775
Net Assets Without Donor Restrictions$98,821$110,878▲ $12,057
Total Net Assets Fund Balance$1,266,746$1,030,028▼ $236,718
Total Liabilities and Net Assets / Fund Balance$1,267,307$1,030,475▼ $236,832
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Melissa BottorfExecutive DiFT$20,603$20,603

Board Members and Trustees

NameTitle
Kline WilliamsAlumni Chair
Wayne AllisonPresident
Albert JonesDirector
Angela HardingDirector
Deana HillDirector
Deb SmeltzDirector
Elisabeth LynchDirector
Elizabeth BarnhartDirector
James BerkebileDirector
Karen BrandtDirector
Kira RosamiliaDirector
Laurie Weinreb-welchDirector
Lea Ann S PlessingerDirector
Liz KremserDirector
Michael HallDirector
Ronald BowesDirector
Zach HannaDirector
Karen ProbstFundraising
Bob DwyerMini-grant C
Leslie SmithSecretary
Jacquelyn MartinSuperintende
Beth RiccardoTreasurer
Rocco RosamiliaVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$149,095
Program Service Revenue
$0
Investment Income
$-18,493
Other Revenue
$23,170
All Other Contributions
$149,095
Change in Net Assets
$-65,311
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$134,377
Grants and Similar Amounts Paid$62,366
Salaries, Compensation, and Employee Benefits$22,340
Total Fundraising Expense$5,367
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$60,619--$60,619
Current Officers, Directors, Trustees, and Key Employees$10,303$7,210$3,090$20,603
Fees for Service Investment Mgmnt Fees-$10,184-$10,184
Fees for Services Accounting$4,213$1,404$1,404$7,021
All Other Expenses$5,335--$5,335
Other Expenses$4,900--$4,900
Office Expenses$956$477$477$1,910
Grants to Domestic Orgs$1,747--$1,747
Payroll Taxes$868$608$261$1,737
Insurance$740$471$135$1,346
Total Functional Expenses$193,362$20,354$5,367$219,083
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$27,738
Fundraising Direct Expenses$6,485
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$27,738$27,738$6,485$21,253
Total Events$27,738$27,738$6,485$21,253
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Soc$162
State$126
Local$62
Fed$44
Med$38
Lst$13
Sui$2
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
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
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 565, LOCK HAVEN, PA 17745-0565

Signing Officer

Name
Beth Riccardo
Title
Treasurer
Phone
5707484011
Signed
2023-08-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Wayne Allison
Formed
1986
Legal Domicile
Pa
Voting Board Members
24
Independent Board Members
24
Employees
1

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/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0KESTONE 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/MoreThan5000KToOrgInd0false
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IRS990/NetAssetsOrFundBalancesEOYAmt01030028
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt02177
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-34259
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-32082
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt021253
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt021253
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IRS990/OfficeExpensesGrp/TotalAmt01910
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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
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IRS990/OtherExpensesGrp/Desc1KCSD - STADIUM
IRS990/OtherExpensesGrp/Desc2DICKEYPTO
IRS990/OtherExpensesGrp/Desc3DUAL
IRS990/OtherExpensesGrp/ProgramServicesAmt051244
IRS990/OtherExpensesGrp/ProgramServicesAmt130000
IRS990/OtherExpensesGrp/ProgramServicesAmt222437
IRS990/OtherExpensesGrp/ProgramServicesAmt34900
IRS990/OtherExpensesGrp/TotalAmt051244
IRS990/OtherExpensesGrp/TotalAmt130000
IRS990/OtherExpensesGrp/TotalAmt222437
IRS990/OtherExpensesGrp/TotalAmt34900
IRS990/OtherLiabilitiesGrp/BOYAmt0561
IRS990/OtherLiabilitiesGrp/EOYAmt0447
IRS990/OtherOrganizationDsc0FOUNDATION
IRS990/OtherRevenueMiscGrp/Desc0ALUMNI DUES DUES -
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01917
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01917
IRS990/OtherRevenueTotalAmt01917
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0261
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0608
IRS990/PayrollTaxesGrp/ProgramServicesAmt0868
IRS990/PayrollTaxesGrp/TotalAmt01737
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0WAYNE ALLISON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0KEYSTONE CENTRAL FOUNDATION PROVIDES MINI-GRANTS TO DOMESTIC ORGANIZATIONS AND FUNDS VARIOUS SPECIAL PROJECTS WITHIN THE KEYSTONE CENTRAL SCHOOL DISTRICT.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt057818
IRS990/ProgSrvcAccomActy2Grp/GrantAmt01747
IRS990/ProgSrvcAccomActy3Grp/Desc0KEYSTONE CENTRAL FOUNDATION RECEIVES PASS-THROUGH CONTRIBUTIONS THAT ARE USED TO ENHANCE THE EDUCATION AND WELFARE OF THE STUDENTS OF THE KEYSTONE CENTRAL SCHOOL DISTRICT.
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IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0122788
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt079832
IRS990/PYInvestmentIncomeAmt0114289
IRS990/PYOtherExpensesAmt092335
IRS990/PYOtherRevenueAmt018642
IRS990/PYRevenuesLessExpensesAmt060862
IRS990/PYSalariesCompEmpBnftPaidAmt022690
IRS990/PYTotalExpensesAmt0194857
IRS990/PYTotalRevenueAmt0255719
IRS990/ReconcilationRevenueExpnssAmt0-65311
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0149095
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0122788
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt072676
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0113086
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0109862
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt017157
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt030013
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt06684
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt05949
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt09271
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt018468
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt023751
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt064123
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt012856
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt017157
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt030013
IRS990ScheduleA/InvestmentIncomeCYPct00.04000
IRS990ScheduleA/InvestmentIncomePYPct00.04000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearAmt029075
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus1YearAmt024549
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus2YearsAmt022228
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus3YearsAmt035833
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus4YearsAmt042780
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt0154465
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.77400
IRS990ScheduleA/PublicSupportPY509Pct00.76760
IRS990ScheduleA/PublicSupportTotal509Amt0631630
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0155779
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0128737
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt081947
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0131554
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0133613
IRS990ScheduleA/Total509Grp/TotalAmt0631630
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0184854
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0166142
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0121332
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0167387
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0176393
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0816108
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
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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