Civic Intelligence

Bexley Education Foundation

990 • Fiscal year 2018 • EIN 31-1463283

Jul 01, 2017 to Jun 30, 2018 • Filed on Mar 06, 2019

Refreshing map…

348 S Cassingham RoadColumbus, OH 43209

(614) 237-4309

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.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

14th percentile

0.00x

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

69th percentile

12%

Higher net margin than 69% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

68th percentile

$98,540

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 17.7% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

67th percentile

7.2%

Faster asset growth than 67% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

18th percentile

-14%

Faster revenue growth than 18% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$3,925,138

Up $732,591 (+23%) from 2016

Net Assets

Up

$3,925,138

Up $745,091 (+23%) from 2016

Liabilities

Down

$0

Down $12,500 (-100%) from 2016

Revenue

Up

$556,663

Up $101,200 (+22%) from 2016

Expenses

Down

$487,621

Down $1,155 (-0.2%) from 2016

Net Income

Up

$69,042

Up $102,355 (+307%) from 2016

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $1,830,600Liabilities 2010: $0Net Assets 2010: $1,830,6002010Assets 2011: $2,231,870Liabilities 2011: $0Net Assets 2011: $2,231,8702011Assets 2012: $2,319,331Liabilities 2012: $0Net Assets 2012: $2,319,3312012Assets 2013: $2,563,087Liabilities 2013: $0Net Assets 2013: $2,563,0872013Assets 2014: $2,930,239Liabilities 2014: $0Net Assets 2014: $2,930,2392014Assets 2015: $3,150,743Liabilities 2015: $0Net Assets 2015: $3,150,7432015Assets 2016: $3,192,547Liabilities 2016: $12,500Net Assets 2016: $3,180,0472016Assets 2018: $3,925,138Liabilities 2018: $0Net Assets 2018: $3,925,1382018Assets 2019: $4,355,442Liabilities 2019: $0Net Assets 2019: $4,355,4422019Assets 2020: $4,485,951Liabilities 2020: $0Net Assets 2020: $4,485,9512020Assets 2021: $5,624,260Liabilities 2021: $0Net Assets 2021: $5,624,2602021

Highlighted filing

2018

Assets$3,925,138
Liabilities$0
Net Assets$3,925,138

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $248,1972010Expenses 2011: $228,5492011Expenses 2012: $271,9932012Expenses 2013: $353,9612013Revenue 2014: $410,846Expenses 2014: $419,430Net Income 2014: -$8,5842014Revenue 2015: $469,780Expenses 2015: $377,550Net Income 2015: $92,2302015Revenue 2016: $455,463Expenses 2016: $488,776Net Income 2016: -$33,3132016Revenue 2018: $556,663Expenses 2018: $487,621Net Income 2018: $69,0422018Revenue 2019: $752,413Expenses 2019: $401,528Net Income 2019: $350,8852019Revenue 2020: $539,910Expenses 2020: $469,261Net Income 2020: $70,6492020Revenue 2021: $1,066,157Expenses 2021: $591,609Net Income 2021: $474,5482021

Highlighted filing

2018

Revenue$556,663
Expenses$487,621
Net Income$69,042
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Mar 6, 2019
Return Version
2017v2.3
Gross Receipts
$586,624
Mission and Program Overview

Mission

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$3,549,749$3,833,785▲ $284,036
Savings and Temporary Cash Investments$64,525$55,928▼ $8,597
Cash and Non-Interest-Bearing Accounts$38,023$25,149▼ $12,874
Land, Buildings, and Equipment, Net$7,450$6,608▼ $842
Total Assets$3,662,939$3,925,138▲ $262,199
Other Assets Total$3,192$3,668▲ $476
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$3,646,466$3,902,665▲ $256,199
Temporarily Rstr Net Assets$16,473$22,473▲ $6,000
Total Net Assets Fund Balance$3,662,939$3,925,138▲ $262,199
Total Liabilities and Net Assets / Fund Balance$3,662,939$3,925,138▲ $262,199

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$6,608$6,079$12,687
Investment Program Related Org$2,572,162--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$3,549,749$33,030▲ $299,595$27,622$3,833,785
2016$3,041,186$183,104▲ $340,684$15,225$3,549,749
2015$2,814,851$154,000▲ $85,684$13,349$3,041,186
2014$2,836,523$2,600▲ $86,266$110,538$2,814,851
2013$2,408,072$24,600▲ $411,659$7,808$2,836,523
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Pamela GlasgowExecutive DirectorFT$98,540$98,540

Board Members and Trustees

NameTitle
Elizabeth FarrarBoard Chair
Megan P WalkerPast Chair
Douglas SegermanVice Chair
Jeremy SeckVice Chair
Julie CohenVice Chair
Ted SappVice Chair
Marlee SnowdonBexley Board of Educ Rep
Alissha MitchellDirector
Amy WagenbrennerDirector
Anna RamsdenDirector
Cathy CoryDirector
Drew StarkDirector
Eric WasserstromDirector
Harlan D Meyer MdDirector
Jennifer BunkerDirector
Kathleen RussoDirector
Katie KaufmanDirector
Larry HelmanDirector
Michael AgriestiDirector
Michelle HallDirector
Rachel Longaberger StukeyDirector
Sarah SaxbeDirector
Sivaraman SivaswamiDirector
Timothy G PittsDirector
Victoria PowersDirector
Tim MadisonBexley City Council Rep
Alison NakasakoBexley Teachers Rep
Jody S FournierCapital Univ. Rep
Toby PainePto Council Rep
Jonathan RossTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$438,103
Program Service Revenue
$0
Investment Income
$77,720
Other Revenue
$40,840
All Other Contributions
$359,263
Change in Net Assets
$69,042
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$239,582
Salaries, Compensation, and Employee Benefits$184,265
Other Expenses$63,774
Total Fundraising Expense$33,790
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$232,582--$232,582
Current Officers, Directors, Trustees, and Key Employees-$99,526-$99,526
Other Salaries and Wages-$71,430-$71,430
Office Expenses-$6,048$13,769$19,817
Payroll Taxes-$13,309-$13,309
Fees for Services Other-$12,936-$12,936
Grants to Domestic Individuals$7,000--$7,000
Advertising-$4,309-$4,309
Conferences and Meetings-$3,007-$3,007
Insurance-$1,413-$1,413
Information Technology-$1,000-$1,000
Depreciation Depletion-$842-$842
Other Expenses-$200$9,763$200
Total Functional Expenses$239,582$214,249$33,790$487,621
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Bexley City SchoolsBexley, OH501(c)(3)Fund Various School and District Programs and Activities.$232,582
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$70,365
Fundraising Direct Expenses$29,961
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
BRAVO! EVENT$149,205$70,365$10,892$59,473
Total Events$149,205$70,365$29,961$40,404
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
Annual disclosure for covered persons
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

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The form 990 is reviewed and approved by the treasurer and emailed to the board for review before filing.

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

Board members are regularly asked to disclose any potential conflict of interest they may have regarding a matter for vote. If a conflict does exist, per the discretion of the board chair, the board member with the conflict may be excused from both the discussion and the vote on the matter.

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

The executive committee conducts an annual performance review of the organization's executive director. Any compensation adjustments are based on the executive director's achievement of goals set by the members of the executive committee. Comparative data is obtained and considered in evaluating the overall compensation package. Once the evaluation is completed by the executive committee, its recommendation for compensation adjustments is presented to the full board for review and approval. A formal written evaluation of the executive director's performance and the result of the annual review is done and retained in the organization's files.

Form 990, Part VI, Section C, Line 18

The form 990 is available for public inspection upon request.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy, and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Bexley Education Foundation
EIN
31-1463283
Phone
6142374309
Address
348 S CASSINGHAM ROAD, COLUMBUS, OH 43209

Signing Officer

Name
Jonathan Ross
Title
Treasurer
Phone
6142374309
Signed
2019-03-06

Organization Details

Principal Officer
Elizabeth Farrar
Formed
1996
Legal Domicile
Oh
Voting Board Members
30
Independent Board Members
30
Employees
3
Volunteers
75

Preparer

Firm
John Gerlach & Company Llp
Address
37 W BROAD ST STE 530, COLUMBUS, OH 43215
Preparer
Tj Conger CPA
Phone
6142242164
Supplemental Narrative

Additional Explanations

FORM 990, PART I, LINE 1, DESCRIBE THE ORGANIZATION'S MISSION:

The mission of bexley education foundation is to invest today in the full potential of tomorrow. One of the ingredients needed for a high-quality, vigorous public school system is the availability of funds. The quest for excellence sometimes requires programs for which public funds are not available, or for which public funds cannot be spent. The purpose of bexley education foundation is to provide money to support these programs in the bexley city schools. Bexley education foundation will provide citizens with the opportunity to make tax-deductible contributions which, in turn, will be used to achieve the educational purposes of the bexley board of education and the bexley community as a whole. Bexley education foundation exists as a separately incorporated organization. The bexley board of education shall not use funds from bexley education foundation to supplant any part of the regular operating budget of the bexley city school district, which is provided through tax money.

FORM 990, PART III, LINE 1, DESCRIBE THE ORGANIZATION'S MISSION:

The mission of bexley education foundation is to invest today in the full potential of tomorrow. One of the ingredients needed for a high-quality, vigorous public school system is the availability of funds. The quest for excellence sometimes requires programs for which public funds are not available, or for which public funds cannot be spent. The purpose of bexley education foundation is to provide money to support these programs in the bexley city schools. Bexley education foundation will provide citizens with the opportunity to make tax-deductible contributions which, in turn, will be used to achieve the educational purposes of the bexley board of education and the bexley community as a whole. Bexley education foundation exists as a separately incorporated organization. The bexley board of education shall not use funds from bexley education foundation to supplant any part of the regular operating budget of the bexley city school district, which is provided through tax money.

FORM 990, PART I, LINE 6, DESCRIPTION OF VOLUNTEER DUTIES: THE VOLUNTEERS

Are used for committee work and event work for the fundraising event(s) held each year.

Financial Statement Notes

PART V, LINE 4:

Each of the temporary endowment funds provides financial support for a designated program, defined by the donor who established the fund. Programs on an annual basis are reviewed by the endowments committee of the board and must fit the desired emphasis set forth by the donor. The programs are educational and were approved by the board when the related fund was established. The board designated funds are held at the columbus foundation and support the efforts of the bexley education foundation as and when decided by the board.

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IRS990/Form990PartVIISectionAGrp/PersonNm28AMY WAGENBRENNER
IRS990/Form990PartVIISectionAGrp/PersonNm29ERIC WASSERSTROM
IRS990/Form990PartVIISectionAGrp/PersonNm30PAMELA GLASGOW
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt290
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IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt6TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21PTO COUNCIL REP
IRS990/Form990PartVIISectionAGrp/TitleTxt22CAPITAL UNIV. REP
IRS990/Form990PartVIISectionAGrp/TitleTxt23BEXLEY CITY COUNCIL REP
IRS990/Form990PartVIISectionAGrp/TitleTxt24BEXLEY TEACHERS REP
IRS990/Form990PartVIISectionAGrp/TitleTxt25BEXLEY BOARD OF EDUC REP
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt28DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt29DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt30EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01996
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt078840
IRS990/FundraisingDirectExpensesAmt029961
IRS990/FundraisingGrossIncomeAmt070365
IRS990/GainOrLossGrp/SecuritiesAmt040805
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt030
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IRS990/GrantsToDomesticOrgsGrp/TotalAmt0232582
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt040805
IRS990/GrossReceiptsAmt0586624
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt030
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
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IRS990/IRPDocumentCnt03
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IRS990/LegalDomicileStateCd0OH
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0SEE SCHEDULE O
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/NetAssetsOrFundBalancesEOYAmt03925138
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IRS990/NetUnrlzdGainsLossesInvstAmt0171314
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt013769
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06048
IRS990/OfficeExpensesGrp/TotalAmt019817
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03192
IRS990/OtherAssetsTotalGrp/EOYAmt03668
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0DONOR & VOLUNTEER RECOG
IRS990/OtherExpensesGrp/Desc1CIVIC
IRS990/OtherExpensesGrp/Desc2OTHER EXPENSES
IRS990/OtherExpensesGrp/Desc3OTHER FEES
IRS990/OtherExpensesGrp/FundraisingAmt010258
IRS990/OtherExpensesGrp/FundraisingAmt19763
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0229
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1200
IRS990/OtherExpensesGrp/TotalAmt010258
IRS990/OtherExpensesGrp/TotalAmt19763
IRS990/OtherExpensesGrp/TotalAmt2229
IRS990/OtherExpensesGrp/TotalAmt3200
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/ExclusionAmt0436
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0436
IRS990/OtherRevenueTotalAmt0436
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IRS990/OtherSalariesAndWagesGrp/TotalAmt071430
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt013309
IRS990/PayrollTaxesGrp/TotalAmt013309
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0ELIZABETH FARRAR
IRS990/PriorPeriodAdjustmentsAmt021843
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0SPECIAL GRANTS - DISTRICT-WIDE PROGRAMS: DESIGNATED PROJECTS: $ 125,417. IMPACT GRANT: $ 9,233.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0134650

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