Civic Intelligence

The Beaver County Foundation

990 • Fiscal year 2014 • EIN 25-1660309

Jan 01, 2014 to Dec 31, 2014 • Filed on Apr 29, 2015

PO Box 569Beaver, PA 15009

(724) 728-1331

Siviq Scores

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

Liabilities / Assets

12th percentile

0.00x

Higher debt load relative to assets than 12% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Liabilities / Revenue

15th percentile

0.03x

Higher debt load relative to revenue than 15% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Net Margin

87th percentile

36%

Higher net margin than 87% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Top Officer Pay

20th percentile

$25,000

Higher top officer pay than 20% of similar nonprofits.

Top officer pay equals 2.7% of source-year revenue.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Asset Growth

50th percentile

2.8%

Faster asset growth than 50% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Revenue Growth

39th percentile

0.6%

Faster revenue growth than 39% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Assets

Up

$7,908,187

Up $213,285 (+2.8%) from 2013

Net Assets

Up

$7,882,187

Up $187,285 (+2.4%) from 2013

Liabilities

Up

$26,000

Up $26,000 from 2013

Revenue

Up

$924,381

Up $5,464 (+0.6%) from 2013

Expenses

Down

$591,742

Down $30,718 (-4.9%) from 2013

Net Income

Up

$332,639

Up $36,182 (+12%) from 2013

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2010: $6,031,761Liabilities 2010: $13Net Assets 2010: $6,031,7482010Assets 2011: $5,746,860Liabilities 2011: $13Net Assets 2011: $5,746,8472011Assets 2012: $6,957,038Liabilities 2012: $26Net Assets 2012: $6,957,0122012Assets 2013: $7,694,902Liabilities 2013: $0Net Assets 2013: $7,694,9022013Assets 2014: $7,908,187Liabilities 2014: $26,000Net Assets 2014: $7,882,1872014Assets 2015: $7,610,812Liabilities 2015: $21,000Net Assets 2015: $7,589,8122015Assets 2016: $7,822,082Liabilities 2016: $19,000Net Assets 2016: $7,803,0822016Assets 2017: $8,495,813Liabilities 2017: $14,827Net Assets 2017: $8,480,9862017Assets 2018: $7,797,994Liabilities 2018: $10,450Net Assets 2018: $7,787,5442018Assets 2019: $9,007,372Liabilities 2019: $5,337Net Assets 2019: $9,002,0352019Assets 2020: $10,594,657Liabilities 2020: $1,821Net Assets 2020: $10,592,8362020Assets 2021: $11,760,813Liabilities 2021: $1,391Net Assets 2021: $11,759,4222021Assets 2022: $9,708,990Liabilities 2022: $1,359Net Assets 2022: $9,707,6312022Assets 2023: $10,978,362Liabilities 2023: $1,521Net Assets 2023: $10,976,8412023Assets 2024: $12,834,330Liabilities 2024: $1,434Net Assets 2024: $12,832,8962024

Highlighted filing

2014

Assets$7,908,187
Liabilities$26,000
Net Assets$7,882,187

Operations Trend

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

$4.0M$2.0M$0-$2.0M-$4.0MExpenses 2010: $578,3102010Expenses 2011: $650,4592011Expenses 2012: $543,9162012Revenue 2013: $918,917Expenses 2013: $622,460Net Income 2013: $296,4572013Revenue 2014: $924,381Expenses 2014: $591,742Net Income 2014: $332,6392014Revenue 2015: $867,504Expenses 2015: $627,316Net Income 2015: $240,1882015Revenue 2016: $492,340Expenses 2016: $597,686Net Income 2016: -$105,3462016Revenue 2017: $689,003Expenses 2017: $725,662Net Income 2017: -$36,6592017Revenue 2018: $685,957Expenses 2018: $668,003Net Income 2018: $17,9542018Revenue 2019: $1,559,109Expenses 2019: $1,290,824Net Income 2019: $268,2852019Revenue 2020: $1,523,530Expenses 2020: $688,981Net Income 2020: $834,5492020Revenue 2021: $1,213,286Expenses 2021: $787,386Net Income 2021: $425,9002021Revenue 2022: -$1,191,960Expenses 2022: $859,831Net Income 2022: -$2,051,7912022Revenue 2023: $2,220,488Expenses 2023: $951,278Net Income 2023: $1,269,2102023Revenue 2024: $2,594,639Expenses 2024: $1,162,994Net Income 2024: $1,431,6452024

Highlighted filing

2014

Revenue$924,381
Expenses$591,742
Net Income$332,639
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Apr 29, 2015
Return Version
2014v5.0
Gross Receipts
$2,018,517
Mission and Program Overview

Mission

The beaver county foundation collects and distributes various donations for charitable, educational, scientific, religious, healthcare and other purposes.

The beaver county foundation collects and distributes various charitable contributions and donations in beaver county,pa.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$7,680,767$7,837,880▲ $157,113
Land, Buildings, and Equipment, Net$432$32,094▲ $31,662
Cash and Non-Interest-Bearing Accounts$13,703$12,213▼ $1,490
Total Assets$7,694,902$7,908,187▲ $213,285
Other Assets Total-$26,000-
Liabilities
Other Liabilities-$26,000-
Total Liabilities$0$26,000▲ $26,000
Net Assets / Fund Balance
Temporarily Rstr Net Assets$5,517,579$5,681,844▲ $164,265
Permanently Rstr Net Assets$2,163,188$2,182,286▲ $19,098
Unrestricted Net Assets$14,135$18,057▲ $3,922
Total Net Assets Fund Balance$7,694,902$7,882,187▲ $187,285
Total Liabilities and Net Assets / Fund Balance$7,694,902$7,908,187▲ $213,285

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$32,094$7,990$40,084

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$7,680,767$285,063▲ $413,425$44,732$7,837,880
2013$6,946,389$178,754▲ $1,129,646$44,732$7,680,767
2012$5,718,750$968,853▲ $753,823$44,732$6,946,389
2011$5,999,247$299,129▲ $25,607$44,732$5,718,750
2010$5,517,378$398,202▲ $631,409$44,732$5,999,247
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Theresa LadererExecutive DirectorPT$25,000$25,000

Board Members and Trustees

NameTitle
Joe BaumanAwards Chair
CHARLES N O'DATAChair
Yvonne ConnorVice Chair
George JubaBoard Member
John Lehman MdBoard Member
Joseph N Tosh IiBoard Member
Keith WingBoard Member
Melvin H Steals PhdBoard Member
Paul SweeneyBoard Member
Richard BlackwoodBoard Member
Richard ShawBoard Member
Susie McconnellBoard Member
Thomas BryanBoard Member
Thomas ReedBoard Member
Jessica BriggsCounsel
Toni SadeckyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$285,063
Program Service Revenue
$53,867
Investment Income
$585,296
Other Revenue
$155
All Other Contributions
$285,063
Change in Net Assets
$332,639

Audited Revenue Reconciliation

Revenue per Audited Statements
$924,381
Revenue Not Reported on Form 990
$-145,354
Total Revenue per Audited Statements
$779,027
Total Revenue per Form 990
$924,381
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$409,416
Other Expenses$155,141
Salaries, Compensation, and Employee Benefits$27,185
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$344,166--$344,166
Grants to Domestic Individuals$65,250--$65,250
Insurance$44,732$1,660$0$46,392
Fees for Service Investment Mgmnt Fees$33,360$0$0$33,360
Current Officers, Directors, Trustees, and Key Employees$12,500$12,500$0$25,000
Fees for Services Accounting$4,400$4,399$0$8,799
Depreciation Depletion$6,200$0$0$6,200
Office Expenses$2,710$0$0$2,710
Payroll Taxes$1,093$1,092$0$2,185
Information Technology$1,439$0$0$1,439
Other Expenses$330$0$0$330
All Other Expenses$301$0$0$301
Total Functional Expenses$572,091$19,651$0$591,742

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$591,742
Total Expenses per Audited Statements$591,742
Total Expenses per Form 990$591,742
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Aliquippa ImpactAliquippa, PA3General Support$29,000
Tiger PauseBeaver Falls, PA3General Support$21,000
Beaver Area Heritage MuseumBeaver, PA3General Support$13,500
Center for HopeAmbridge, PA3General Support$11,505
Beaver County Rehabilitation CenterAliquippa, PA3General Support$11,380
Best Friends IncBeaver Falls, PA3General Support$10,000
First Tee of Southwest PaBeaver Falls, PA3Program Support$10,000
Lutheran Service SocietyPittsburgh, PA3Program Support$9,000
Pine Valley CampEllwood City, PA3General Support$8,000
Family GuidanceSewickley, PA3Program Support$7,000
First Presbyterian ChurchBeaver Falls, PA3Program Support$6,566
WOMEN'S CENTER OF BEAVER COUNTYBeaver, PA3General Support$6,500
Carnegie Free Library of Beaver FallsBeaver Falls, PA3Program Support$6,000
Uncommon Grounds CafeAliquippa, PA3General Support$6,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$2,900
Fundraising Direct Expenses$2,745
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
-See Part VGross Proceeds From Sale of SecuritiesNo$470,209
-See Part VInterest and Dividend IncomeNo$136,718
-See Part VInvestment Management FeesNo$15,029
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Interfund Loan$26,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
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
Filing and Contact Details

Filer

Filer Name
The Beaver County Foundation
EIN
25-1660309
Phone
7247281331
Address
PO BOX 569, BEAVER, PA 15009

Signing Officer

Name
CHARLES O'DATA
Title
President
Phone
7247281331
Signed
2015-04-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
CHARLES O'DATA
Formed
1992
Legal Domicile
Pa
Voting Board Members
16
Independent Board Members
16
Employees
1
Volunteers
55

Preparer

Firm
Theresa Laderer CPA
Address
153 RIDGEMONT DR, DARLINGTON, PA 16115-3015
Preparer
Theresa Laderer
Phone
7248278588
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Organization's process to review form 990-- a draft fo the 990 is sent to each board member electronically, and they are expected to respond to the director with questions and/or a response that they agree with the annual return as presented.

Pt VI, Line 12C

Enforcement of conflicts policy-- the conflict of interest policy is provided to each board member at the beginning of every year and they are required to submit to the executive director a disclosure statement listing all business relationships and positions held with other organizations and a signed copy of the conflict of interest policy agreeing to comply with the policy.

Pt VI, Line 15A

Compensation process for top official -- the board of directors yearly review and approve the executive director's salary.

Pt VI, Line 19

Governing documents disclosure explanation -- governing documents are always made available upon request via electronic format or paper copy as desired by the requested party.

Form 990, Part IX, Line 24F

Repairs/maintenance 161. 161. 0. 0. Miscellaneous 140. 140. 0. 0.

Financial Statement Notes

Pt V, Line 4

Intended uses for endowment funds -- endowment fun uses vary and include education, healthcare, community and business development in beaver county, pennsylvania

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IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
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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.$12.8$0.00$12.8$2.59$1.16$1.43
2023Detailed filing. Detailed filing data is available for this year.$11.0$0.00$11.0$2.22$0.95$1.27
2022Detailed filing. Detailed filing data is available for this year.$9.71$0.00$9.71$1.19$0.86$2.05
2021Detailed filing. Detailed filing data is available for this year.$11.8$0.00$11.8$1.21$0.79$0.43
2020Detailed filing. Detailed filing data is available for this year.$10.6$0.00$10.6$1.52$0.69$0.83
2019Detailed filing. Detailed filing data is available for this year.$9.01$0.01$9.00$1.56$1.29$0.27
2018Detailed filing. Detailed filing data is available for this year.$7.80$0.01$7.79$0.69$0.67$0.02
2017Detailed filing. Detailed filing data is available for this year.$8.50$0.01$8.48$0.69$0.73$0.04
2016Detailed filing. Detailed filing data is available for this year.$7.82$0.02$7.80$0.49$0.60$0.11
2015Detailed filing. Detailed filing data is available for this year.$7.61$0.02$7.59$0.87$0.63$0.24
2014Detailed filing. Detailed filing data is available for this year.$7.91$0.03$7.88$0.92$0.59$0.33
2013Detailed filing. Detailed filing data is available for this year.$7.69$0.00$7.69$0.92$0.62$0.30
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.96$0.00$6.96$0.54
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.75$0.00$5.75$0.65
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.03$0.00$6.03$0.58