Civic Intelligence

Allentown School District Foundation

990 • Fiscal year 2015 • EIN 27-0743152

Jul 01, 2014 to Jun 30, 2015 • Filed on Feb 05, 2016

Organization ProfileWWW.ALLENTOWNSD.ORG/ASDF
31 South Penn Street PO Box 328Allentown, PA 18105

(484) 765-4247

Siviq Scores

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

Liabilities / Assets

40th percentile

0.02x

Higher debt load relative to assets than 40% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

43rd percentile

0.02x

Higher debt load relative to revenue than 43% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

74th percentile

16%

Higher net margin than 74% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

89th percentile

$105,066

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 27.8% of source-year revenue.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

92nd percentile

79%

Faster asset growth than 92% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2015

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Balance Sheet
Liabilities / Assets40th percentile

Assets

Up

$545,212

Up $375,558 (+221%) from 2013

Net Assets

Up

$536,452

Up $418,364 (+354%) from 2013

Liabilities

Down

$8,760

Down $42,806 (-83%) from 2013

Revenue And Expenses
Liabilities / Revenue43rd percentileNet Margin74th percentile

Revenue

$377,397

No earlier filing loaded for comparison.

Expenses

Up

$316,442

Up $219,080 (+225%) from 2013

Net Income

$60,955

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth92nd percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $71,326Liabilities 2011: $0Net Assets 2011: $71,3262011Assets 2012: $139,350Liabilities 2012: $0Net Assets 2012: $139,3502012Assets 2013: $169,654Liabilities 2013: $51,566Net Assets 2013: $118,0882013Assets 2015: $545,212Liabilities 2015: $8,760Net Assets 2015: $536,4522015Assets 2016: $617,485Liabilities 2016: $4,047Net Assets 2016: $613,4382016Assets 2017: $562,628Liabilities 2017: $10,016Net Assets 2017: $552,6122017Assets 2018: $679,042Liabilities 2018: $7,741Net Assets 2018: $671,3012018Assets 2019: $873,533Liabilities 2019: $4,158Net Assets 2019: $869,3752019Assets 2020: $1,259,742Liabilities 2020: $25,737Net Assets 2020: $1,234,0052020Assets 2021: $1,280,368Liabilities 2021: $26,180Net Assets 2021: $1,254,1882021Assets 2022: $1,250,624Liabilities 2022: $5,580Net Assets 2022: $1,245,0442022Assets 2023: $1,333,464Liabilities 2023: $2,089Net Assets 2023: $1,331,3752023Assets 2024: $1,494,392Liabilities 2024: $1,506Net Assets 2024: $1,492,8862024Assets 2025: $1,622,312Liabilities 2025: $2,805Net Assets 2025: $1,619,5072025

Highlighted filing

2015

Assets$545,212
Liabilities$8,760
Net Assets$536,452
Open 2015 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $31,0712011Expenses 2012: $79,0772012Expenses 2013: $97,3622013Revenue 2015: $377,397Expenses 2015: $316,442Net Income 2015: $60,9552015Revenue 2016: $391,388Expenses 2016: $314,402Net Income 2016: $76,9862016Revenue 2017: $492,800Expenses 2017: $553,626Net Income 2017: -$60,8262017Revenue 2018: $530,711Expenses 2018: $434,653Net Income 2018: $96,0582018Revenue 2019: $842,153Expenses 2019: $656,094Net Income 2019: $186,0592019Revenue 2020: $927,404Expenses 2020: $573,828Net Income 2020: $353,5762020Revenue 2021: $2,746,450Expenses 2021: $2,733,906Net Income 2021: $12,5442021Revenue 2022: $701,523Expenses 2022: $599,119Net Income 2022: $102,4042022Revenue 2023: $586,682Expenses 2023: $525,313Net Income 2023: $61,3692023Revenue 2024: $524,154Expenses 2024: $443,148Net Income 2024: $81,0062024Revenue 2025: $571,614Expenses 2025: $491,497Net Income 2025: $80,1172025

Highlighted filing

2015

Revenue$377,397
Expenses$316,442
Net Income$60,955
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 5, 2016
Return Version
2014v6.0
Gross Receipts
$411,812
Mission and Program Overview

Mission

The mission of the foundation is to encourage, promote and support innovative educational experiences for students in the allentown school district.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$333,278$382,450▲ $49,172
Savings and Temporary Cash Investments$190,262$154,962▼ $35,300
Pledges and Grants Receivable$14,533$7,800▼ $6,733
Total Assets$538,073$545,212▲ $7,139
Liabilities
Escrow Account Liability$51,576--
Accounts Payable and Accrued Expenses$11,000$8,760▼ $2,240
Total Liabilities$62,576$8,760▼ $53,816
Net Assets / Fund Balance
Unrestricted Net Assets$273,245$292,034▲ $18,789
Permanently Rstr Net Assets$170,064$216,989▲ $46,925
Temporarily Rstr Net Assets$32,188$27,429▼ $4,759
Total Net Assets Fund Balance$475,497$536,452▲ $60,955
Total Liabilities and Net Assets / Fund Balance$538,073$545,212▲ $7,139

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$382,450--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$333,278$59,190▲ $9,564-$382,450
2013-$323,787▲ $9,673-$333,278
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleOtherTotal
Dr John ClarkDirector$105,066$105,066
David WildongerDirector$104,610$104,610

Board Members and Trustees

NameTitle
Richard L ButtonPresident
Gene NicholsVice President
Anthony MuirDirector
Barry HalperDirector
Charles F ThielDirector
Debora RobersonDirector
Dennis BlankowitschDirector
Elizabeth MarconDirector
John HughesDirector
John Stevens JrDirector
Leo ToddDirector
Lissette SantanaDirector
Marie McconnellDirector
Mike SchlossbergDirector
Robert Sperling JrDirector
Marci MartinezSecretary
Kelli HolzmanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$284,235
Program Service Revenue
$0
Investment Income
$5,950
Other Revenue
$87,212
All Other Contributions
$284,235
Change in Net Assets
$60,955

Audited Revenue Reconciliation

Revenue per Audited Statements
$377,397
Revenue Not Reported on Form 990
$34,415
Total Revenue per Audited Statements
$411,812
Total Revenue per Form 990
$377,397
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$227,762
Salaries, Compensation, and Employee Benefits$61,959
Other Expenses$26,721
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$194,285--$194,285
Other Salaries and Wages-$46,568-$46,568
Grants to Domestic Individuals$33,477--$33,477
Payroll Taxes-$15,391-$15,391
Fees for Services Other-$6,621-$6,621
Fees for Services Accounting-$5,348-$5,348
Fees for Services Legal-$4,691-$4,691
Insurance-$3,293-$3,293
Advertising-$2,579-$2,579
Office Expenses$1,894--$1,894
Other Expenses$1,725--$1,725
Conferences and Meetings$145--$145
Total Functional Expenses$231,951$84,491$0$316,442

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$350,857
Expenses per Audited Statements$316,442
Total Expenses per Form 990$316,442
Expenses Not Reported on Form 990$34,415
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Allentown School DistrictAllentown, PA501c3Educational$194,285
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$121,627
Fundraising Direct Expenses$34,415
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
High Notes Gala$102,769$102,769$8,583$94,186
Total Events$102,769$102,769$34,082$68,687
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Other officer compensation reviewed
Yes
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 11B

“Form 990 will be presented to the boards finance committee for review and editing if necessary. Form 990 will then be distributed to the entire board of directors for its review and comments before it is filed.”

Form 990, Part VI, Section B, Line 12C

“The foundations board of directors reviews the conflict of interest policy at its annual board meeting in june. After the election of new board members, all of them are required to sign the conflict of interest policy. When meeting a prospective board member, the governance committee representative will explain to that individual that signing the conflict of interest policy is required to serve as a board member.”

Form 990, Part VI, Section B, Line 15A

“The board of directors determines compensation for all employees of the foundation.”

Filing and Contact Details

Filer

Filer Name
Allentown School District Foundation
EIN
27-0743152
Phone
4847654247
Address
31 SOUTH PENN STREET PO BOX 328, ALLENTOWN, PA 18105

Signing Officer

Name
Kelli Holzman
Title
Treasurer
Phone
6104339973
Signed
2016-02-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kelli Holzman
Formed
2009
Legal Domicile
Pa
Voting Board Members
19
Independent Board Members
16
Employees
2
Volunteers
50

Preparer

Firm
Merendino Accounting and Tax Services
Address
2767 OHIO STREET, EASTON, PA 18045
Preparer
Lee a Merendino CPA
Phone
6105595106
Supplemental Narrative

Financial Statement Notes

V 4

“The intended use of the endowment funds is to provide scholarships.”

XI 2D

“Direct expenses from fundraising events.”

XII 2D

“Direct expenses from fundraising events.”

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IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt18VICE PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02009
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IRS990/MissionDesc0THE MISSION OF THE FOUNDATION IS TO ENCOURAGE, PROMOTE AND SUPPORT INNOVATIVE EDUCATIONAL EXPERIENCES FOR STUDENTS IN THE ALLENTOWN SCHOOL DISTRICT.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
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IRS990/NetAssetsOrFundBalancesEOYAmt0536452
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IRS990/OccupancyGrp/TotalAmt00
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IRS990/OfficeExpensesGrp/TotalAmt01894
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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
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IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/ProgramServicesAmt0425
IRS990/OtherExpensesGrp/ProgramServicesAmt11725
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IRS990/OtherExpensesGrp/TotalAmt11725
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt046568
IRS990/OtherSalariesAndWagesGrp/TotalAmt046568
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt015391
IRS990/PayrollTaxesGrp/TotalAmt015391
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0170064
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0216989
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt014533
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt07800
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0KELLI HOLZMAN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0ENDOWED, ANNUAL EXPENDABLE AND ONE-TIME SCHOLARSHIPS ARE FINANCIAL STIPENDS AWARDED BY THE ALLENTOWN SCHOOL DISTRICT FOUNDATION ASDF TO GRADUATING STUDENTS TO PAY FOR POST-SECONDARY EDUCATION. WHILE THE SCHOLARSHIP IS AWARDED TO THE STUDENT, THE FUNDS ARE PAID BY THE ASDF DIRECTLY TO THE POST-SECONDARY INSTITUTION AND CREDITED TO THE STUDENTS ACCOUNT. TO INSURE AWARDABILITY, NO MORE THAN TWO CRITERIA BEYOND HIGH SCHOOL DESIGNATION ARE USED IN DETERMINING SCHOLARSHIP RECIPIENTS MAY BE SET. THE SELECTION PROCESS IS AT THE DISCRETION OF THE BUILDING PRINCIPAL. WHILE DONORS MAY DETERMINE ELIGIBILITY CRITERIA, DONORS MAY NOT BE INVOLVED IN THE SELECTION OF INDIVIDUAL SCHOLARSHIP RECIPIENTS. THE ASDF NOR ITS BOARD MEMBERS MAY BE INVOLVED IN ANY SELECTION PROCESS. A MINIMUM OF 10,000 IN GIFTS IS REQUIRED FOR A CONTRIBUTION TO BE CONSIDERED AN ENDOWED SCHOLARSHIP.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt023456
IRS990/ProgSrvcAccomActy2Grp/GrantAmt015854
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0493769
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0160999
IRS990/PYInvestmentIncomeAmt09590
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt032631
IRS990/PYOtherRevenueAmt056455
IRS990/PYRevenuesLessExpensesAmt0366184
IRS990/PYTotalExpensesAmt0193630
IRS990/PYTotalRevenueAmt0559814
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt060955
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0190262
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0154962
IRS990ScheduleA/FactsAndCircumstancesTestTxt0Part II Section B Line 10 NET INCOME FROM FUNDRAISING EVENTS
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0284235
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0183772
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt082031
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0101423
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt044662
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0696123
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt05950
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt09590
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt082
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt053
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt030
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt015705
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt087212
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt056455
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt045553
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt038001
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt027390
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0254611
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.72030
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt0696123
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0284235
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0183772
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt082031
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0101423
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt044662
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0696123
IRS990ScheduleA/TotalSupportAmt0966439
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/ScheduleBRequiredInd0true
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.36000
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt03728
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0333278
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt059190
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0382450
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt015854
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt09564
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt0182
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0323787
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0333278
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt09673
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/ExpensesNotReportedAmt034415
IRS990ScheduleD/ExpensesSubtotalAmt0316442
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0382450
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0ENDOWMENTS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0F
IRS990ScheduleD/OtherExpensesIncludedAmt034415
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherRevenueAmt034415
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.57000
IRS990ScheduleD/RevenueNotReportedAmt034415
IRS990ScheduleD/RevenueSubtotalAmt0377397
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE INTENDED USE OF THE ENDOWMENT FUNDS IS TO PROVIDE SCHOLARSHIPS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1DIRECT EXPENSES FROM FUNDRAISING EVENTS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2DIRECT EXPENSES FROM FUNDRAISING EVENTS.

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$545,212
Liabilities
$8,760
Net assets
$536,452
Revenue
$377,397
Expenses
$316,442
Net income
$60,955
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.62$0.00$1.62$0.57$0.49$0.08
2024Detailed filing. Detailed filing data is available for this year.$1.49$0.00$1.49$0.52$0.44$0.08
2023Detailed filing. Detailed filing data is available for this year.$1.33$0.00$1.33$0.59$0.53$0.06
2022Detailed filing. Detailed filing data is available for this year.$1.25$0.01$1.25$0.70$0.60$0.10
2021Detailed filing. Detailed filing data is available for this year.$1.28$0.03$1.25$2.75$2.73$0.01
2020Detailed filing. Detailed filing data is available for this year.$1.26$0.03$1.23$0.93$0.57$0.35
2019Detailed filing. Detailed filing data is available for this year.$0.87$0.00$0.87$0.84$0.66$0.19
2018Detailed filing. Detailed filing data is available for this year.$0.68$0.01$0.67$0.53$0.43$0.10
2017Detailed filing. Detailed filing data is available for this year.$0.56$0.01$0.55$0.49$0.55$0.06
2016Detailed filing. Detailed filing data is available for this year.$0.62$0.00$0.61$0.39$0.31$0.08
2015Detailed filing. Detailed filing data is available for this year.$0.55$0.01$0.54$0.38$0.32$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.05$0.12$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.14$0.00$0.14$0.08
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.07$0.00$0.07$0.03