Civic Intelligence

Centennial Education Foundation

EIN 23-2946167 • 501(c)3 • Warminster, PA

Profile

A broad based, non-profit community organization, which is exclusively educational and charitable, to secure resources from individuals, corporations, community organizations and other foundations to be distibuted in support of programs that benefit students in the Centennial School District, which will lead to the overall improvement in the quality of education and an enhancement of community support for public education.

48 Swan WayWarminster, PA 18974

www.centennialef.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

18th percentile

0.00x

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

501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

19th percentile

0.00x

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

501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

77th percentile

25%

Higher net margin than 77% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

69th percentile

12%

Faster asset growth than 69% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

32nd percentile

-1.5%

Faster revenue growth than 32% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$680,751

Up $91,435 (+16%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$680,751

Up $91,435 (+16%) from 2023

Revenue

Down

$137,344

Down $30,608 (-18%) from 2023

Expenses

Down

$115,996

Down $9,537 (-7.6%) from 2023

Net Income

Down

$21,348

Down $21,071 (-50%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800K$600K$400K$200K$0Assets 2011: $273,932Liabilities 2011: $0Net Assets 2011: $273,9322011Assets 2012: $276,563Liabilities 2012: $0Net Assets 2012: $276,5632012Assets 2013: $276,889Liabilities 2013: $0Net Assets 2013: $276,8892013Assets 2014: $365,069Liabilities 2014: $0Net Assets 2014: $365,0692014Assets 2015: $349,448Liabilities 2015: $0Net Assets 2015: $349,4482015Assets 2016: $446,246Liabilities 2016: $0Net Assets 2016: $446,2462016Assets 2017: $432,685Liabilities 2017: $0Net Assets 2017: $432,6852017Assets 2018: $500,314Liabilities 2018: $0Net Assets 2018: $500,3142018Assets 2019: $439,743Liabilities 2019: $0Net Assets 2019: $439,7432019Assets 2020: $516,341Liabilities 2020: $0Net Assets 2020: $516,3412020Assets 2021: $569,158Liabilities 2021: $0Net Assets 2021: $569,1582021Assets 2022: $525,776Liabilities 2022: $0Net Assets 2022: $525,7762022Assets 2023: $589,316Liabilities 2023: $0Net Assets 2023: $589,3162023Assets 2024: $680,751Liabilities 2024: $0Net Assets 2024: $680,7512024

Highlighted filing

2024

Assets$680,751
Liabilities$0
Net Assets$680,751

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$100K$0-$100KExpenses 2011: $23,9332011Expenses 2012: $30,0642012Expenses 2013: $52,1542013Revenue 2014: $124,887Expenses 2014: $43,986Net Income 2014: $80,9012014Revenue 2015: $111,077Expenses 2015: $126,743Net Income 2015: -$15,6662015Revenue 2016: $185,938Expenses 2016: $86,196Net Income 2016: $99,7422016Revenue 2017: $130,946Expenses 2017: $149,758Net Income 2017: -$18,8122017Revenue 2018: $138,029Expenses 2018: $70,400Net Income 2018: $67,6292018Revenue 2019: $71,828Expenses 2019: $132,399Net Income 2019: -$60,5712019Revenue 2020: $140,063Expenses 2020: $67,153Net Income 2020: $72,9102020Revenue 2021: $129,978Expenses 2021: $169,310Net Income 2021: -$39,3322021Revenue 2022: $170,564Expenses 2022: $125,662Net Income 2022: $44,9022022Revenue 2023: $167,952Expenses 2023: $125,533Net Income 2023: $42,4192023Revenue 2024: $137,344Expenses 2024: $115,996Net Income 2024: $21,3482024

Highlighted filing

2024

Revenue$137,344
Expenses$115,996
Net Income$21,348

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.81$0.00$6.81$1.37$1.16$0.21
2023Detailed filing. Detailed filing data is available for this year.$5.89$0.00$5.89$1.68$1.26$0.42
2022Detailed filing. Detailed filing data is available for this year.$5.26$0.00$5.26$1.71$1.26$0.45
2021Detailed filing. Detailed filing data is available for this year.$5.69$0.00$5.69$1.30$1.69$0.39
2020Detailed filing. Detailed filing data is available for this year.$5.16$0.00$5.16$1.40$0.67$0.73
2019Detailed filing. Detailed filing data is available for this year.$4.40$0.00$4.40$0.72$1.32$0.61
2018Detailed filing. Detailed filing data is available for this year.$5.00$0.00$5.00$1.38$0.70$0.68
2017Detailed filing. Detailed filing data is available for this year.$4.33$0.00$4.33$1.31$1.50$0.19
2016Detailed filing. Detailed filing data is available for this year.$4.46$0.00$4.46$1.86$0.86$1.00
2015Detailed filing. Detailed filing data is available for this year.$3.49$0.00$3.49$1.11$1.27$0.16
2014Detailed filing. Detailed filing data is available for this year.$3.65$0.00$3.65$1.25$0.44$0.81
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.77$0.00$2.77$0.52
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.77$0.00$2.77$0.30
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.74$0.00$2.74$0.24
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 15, 2025
Return Version
2023v6.0
Gross Receipts
$227,975
Mission and Program Overview

Mission

A broad-based, non-profit community organization, which is exclusively educational and charitable, to secure resources from individuals, corporations, community organizations and other foundations to be distributed in support of programs that benefit students in the centennial school district, which will lead to the overall improvement in the quality of education and an enhancement of community support for public education.

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$438,088$507,296▲ $69,208
Savings and Temporary Cash Investments$85,342$87,064▲ $1,722
Cash and Non-Interest-Bearing Accounts$65,886$86,391▲ $20,505
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$589,316$680,751▲ $91,435
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$329,448$374,734▲ $45,286
Net Assets With Donor Restrictions$259,868$306,017▲ $46,149
Total Net Assets Fund Balance$589,316$680,751▲ $91,435
Total Liabilities and Net Assets / Fund Balance$589,316$680,751▲ $91,435
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jennifer SchultzExecutive DirectorPT$16,154$16,154

Board Members and Trustees

NameTitle
Max WeintraubPresident
Carolyn FisherVice President
Andrew StahlBoard Member
Bianca EckhardBoard Member
Christine Bailey AlffBoard Member
Chuck KleinschmidtBoard Member
Daniel McPhillipsBoard Member
Denise QuinnBoard Member
Dr Dana BeddenBoard Member
Greg CromptonBoard Member
Heather HarperBoard Member
Kim IngramBoard Member
Lorraine BowenBoard Member
Robert J PhillipsBoard Member
Robert SchraderBoard Member
Ron SchumannBoard Member
Shaon BerryBoard Member
Tom FroggattBoard Member
Wayne McCullochBoard Member
Nancy LinvilleSecretary
Thomas GreenwoodTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$114,824
Program Service Revenue
$0
Investment Income
$4,564
Other Revenue
$17,956
All Other Contributions
$94,336
Change in Net Assets
$21,348
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$72,249
Salaries, Compensation, and Employee Benefits$30,000
Other Expenses$13,747
Total Fundraising Expense$7,500
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$59,249--$59,249
Current Officers, Directors, Trustees, and Key Employees$15,000$7,500$7,500$30,000
Grants to Domestic Individuals$13,000--$13,000
Other Expenses-$7,063-$7,063
Fees for Services Other-$2,257-$2,257
Fees for Services Accounting-$1,800-$1,800
Insurance-$1,331-$1,331
Advertising-$698-$698
Office Expenses-$598-$598
Total Functional Expenses$87,249$21,247$7,500$115,996
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Centennial School DistrictWarminster, PA501(c)(3)To Support Specific Teacher Projects Not Funded by the School.$57,664
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$47,902
Fundraising Direct Expenses$29,946
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Murder Mystery$29,552$24,652$626$24,026
Golf Outing$29,763$14,175$2,901$11,274
Total Events$68,390$47,902$29,946$17,956
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
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 12C:

The foundation's officers, directors, and employees are to submit to the Executive Director, a copy of the conflict of interest form acknowledging awareness of the conflict of interest policy and disclosure of any conflict of interest which may arise. For each conflict of interest disclosed, the President, Executive Director, and Treasurer will determine whether to: (a) take no action; (b) assure full disclosure to the board of directors and other individuals covered by this policy; (c) ask the person to recuse from participation in related discussions or decisions within the Foundation; or (d) ask person to resign from his or her position in the Foundation or, if the person refuses to resign, become subject to possible removal in accordance with the Foundation's procedures. A conflict of interest arises when a person in a position of authority over the Foundation may benefit financially from a decision he or she could make in that capacity, including indirect benefits such as to family members or businesses with which the person is closely associated. This policy is focused upon material financial interest of, or benefit to, such persons.

FORM 990, PART VI, SECTION C, LINE 19:

Governing documents, conflict of interest policy and finacial data are available upon request.

FORM 990, PART VI, SECTION B, LINE 11B:

A copy of the form 990 will be provided to each voting member of the governing body prior to filing with the irs.

Filing and Contact Details

Filer

Filer Name
Centennial Education Foundation
EIN
23-2946167
In Care Of
% TOM GREENWOOD
Phone
2154416000
Address
48 SWAN WAY, WARMINSTER, PA 18974

Signing Officer

Name
Tom Greenwood
Title
Treasurer
Phone
2154416000
Signed
2025-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tom Greenwood
Formed
1997
Legal Domicile
Pa
Voting Board Members
20
Independent Board Members
20
Employees
0
Volunteers
25

Preparer

Firm
Withumsmithbrown Pc
Address
4600 EAST WEST HWY 900, BETHESDA, MD 20814-3423
Preparer
Richard Ruvelson
Phone
3012726000
Supplemental Narrative

Additional Explanations

FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:

A broad based, non-profit community organization, which is exclusively educational and charitable, to secure resources from individuals, corporations, community organizations and other foundations to be distributed in support of programs that benefit students in the centennial school district, which will lead to the overall improvement in the quality of education and an enhancement of community support for public education.

Financial Statement Notes

PART X, LINE 2:

CEF is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code; and no provision or liability for income taxes is included in the accompanying financial statements. CEF has adopted an accounting standard regarding uncertain tax positions. The standard prescribes a minimum threshold that a tax position is required to meet in order to be recognized in the financial statements. CEF believes that it had no uncertain tax positions and has no income tax related penalties or interest for the periods presented in the financial statements. Should penalties and interest be incurred, CEF's policy is to recognize them as general and administrative expenses on the statements of revenues, expenses and changes in net assets - modified cash basis and functional expenses - modified cash basis.

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