Civic Intelligence

The Education Foundation Inc

990 • Fiscal year 2018 • EIN 31-1512495

Jul 01, 2017 to Jun 30, 2018 • Filed on Oct 01, 2018

Organization ProfileWWW.EDUCATIONFOUNDATIONBEREA.ORG
390 Fair StreetBerea, OH 44017

(216) 898-8270

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

91st percentile

49%

Higher net margin than 91% of similar nonprofits.

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

Top Officer Pay

37th percentile

$8,333

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 3.9% of source-year revenue.

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

Asset Growth

74th percentile

12%

Faster asset growth than 74% of similar nonprofits.

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

Revenue Growth

64th percentile

11%

Faster revenue growth than 64% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets14th percentile

Assets

Up

$1,335,495

Up $140,301 (+12%) from 2017

Net Assets

Up

$1,335,495

Up $140,301 (+12%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue And Expenses
Liabilities / Revenue14th percentileNet Margin91st percentile

Revenue

Up

$213,081

Up $21,134 (+11%) from 2017

Expenses

Up

$107,873

Up $18,286 (+20%) from 2017

Net Income

Up

$105,208

Up $2,848 (+2.8%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth74th percentile

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

$3.0M$2.0M$1.0M$0Assets 2013: $928,009Liabilities 2013: $0Net Assets 2013: $928,0092013Assets 2014: $1,015,632Liabilities 2014: $0Net Assets 2014: $1,015,6322014Assets 2015: $977,594Liabilities 2015: $0Net Assets 2015: $977,5942015Assets 2017: $1,195,194Liabilities 2017: $0Net Assets 2017: $1,195,1942017Assets 2018: $1,335,495Liabilities 2018: $0Net Assets 2018: $1,335,4952018Assets 2019: $1,370,820Liabilities 2019: $0Net Assets 2019: $1,370,8202019Assets 2020: $1,409,763Liabilities 2020: $0Net Assets 2020: $1,409,7632020Assets 2021: $1,793,139Liabilities 2021: $0Net Assets 2021: $1,793,1392021Assets 2022: $1,572,863Liabilities 2022: $0Net Assets 2022: $1,572,8632022Assets 2023: $1,672,243Liabilities 2023: $0Net Assets 2023: $1,672,2432023Assets 2024: $1,853,362Liabilities 2024: $0Net Assets 2024: $1,853,3622024Assets 2025: $2,068,022Liabilities 2025: $0Net Assets 2025: $2,068,0222025

Highlighted filing

2018

Assets$1,335,495
Liabilities$0
Net Assets$1,335,495
Open 2018 Filing

Operations Trend

Revenue Growth64th percentile

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

$300K$200K$100K$0Revenue 2013: $167,231Expenses 2013: $78,150Net Income 2013: $89,0812013Revenue 2014: $223,805Expenses 2014: $113,869Net Income 2014: $109,9362014Revenue 2015: $131,465Expenses 2015: $100,501Net Income 2015: $30,9642015Revenue 2017: $191,947Expenses 2017: $89,587Net Income 2017: $102,3602017Revenue 2018: $213,081Expenses 2018: $107,873Net Income 2018: $105,2082018Revenue 2019: $226,882Expenses 2019: $143,163Net Income 2019: $83,7192019Revenue 2020: $165,224Expenses 2020: $91,446Net Income 2020: $73,7782020Revenue 2021: $140,473Expenses 2021: $53,545Net Income 2021: $86,9282021Revenue 2022: $144,378Expenses 2022: $104,239Net Income 2022: $40,1392022Revenue 2023: $131,390Expenses 2023: $126,702Net Income 2023: $4,6882023Revenue 2024: $204,797Expenses 2024: $139,750Net Income 2024: $65,0472024Revenue 2025: $260,084Expenses 2025: $174,859Net Income 2025: $85,2252025

Highlighted filing

2018

Revenue$213,081
Expenses$107,873
Net Income$105,208
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Oct 1, 2018
Return Version
2017v2.3
Gross Receipts
$439,674
Mission and Program Overview

Mission

The education foundation is committed to providing educational opportunities for students served by the berea city school district. Disbursements by the the education foundation are made to schools in the district for educational project grant requests submitted by teachers, staff, and students and to students of the district for college and other scholarships.

The education foundation is committed to providing educational opportunities for students served by the berea city school district. Disbursements by the education foundation are made to schools in the district for educational project grants requests submitted by teachers, staff, and students and to students of the district for college and other scholarships.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,170,064$1,255,050▲ $84,986
Cash and Non-Interest-Bearing Accounts$9,414$73,660▲ $64,246
Savings and Temporary Cash Investments$15,716$6,785▼ $8,931
Total Assets$1,195,194$1,335,495▲ $140,301
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Permanently Rstr Net Assets$956,483$1,092,956▲ $136,473
Temporarily Rstr Net Assets$186,028$198,625▲ $12,597
Unrestricted Net Assets$52,683$43,914▼ $8,769
Total Net Assets Fund Balance$1,195,194$1,335,495▲ $140,301
Total Liabilities and Net Assets / Fund Balance$1,195,194$1,335,495▲ $140,301
Compensation and Service Providers
Top Officer Pay37th percentile

Employees

NameTitleBaseTotal
Andrea Mulholland WhitakerExecutive Di$8,333$8,333

Board Members and Trustees

NameTitle
Susan HansChair
Laurie ScivenVice Chair
Cori FarrisBoard Edu Ap
Ana ChapmanAt-large App
Ann OverAt-large App
Eileen HeroldAt-large App
James ConnellAt-large App
Jill HerrickAt-large App
Leroy MccrearyAt-large App
Marlea FulchironAt-large App
Roslyn Painter-goffiAt-large App
Tracy SchneidBasa Appoint
Consolina TemplemanBerea Hs App
Brian KesslerBft Appointe
Rosalind StricklandBus Adv Appo
Daniel KarpBwu Appointe
Neal JamisonLegal Counse
Susan ScheutzowMiddlebg Hts
Ann JaskieOapse Appoin
Irene JoyceSecretary
Mike SheppardSuperintende
William YoungSw Gen Head of School a
David PustiTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$83,277
Program Service Revenue
$0
Investment Income
$72,799
Other Revenue
$57,005
All Other Contributions
$83,277
Change in Net Assets
$105,208
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$76,977
Other Expenses$30,896
Total Fundraising Expense$11,261
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$51,045--$51,045
Grants to Domestic Orgs$25,932--$25,932
Fees for Service Investment Mgmnt Fees$8,306$1,038$1,038$10,382
Office Expenses$1,967$3,935$3,935$9,837
Information Technology$725$732$5,658$7,115
Fees for Services Accounting$630$315$630$1,575
Insurance-$1,057-$1,057
Fees for Services Other$724--$724
Other Expenses-$200-$200
Conferences and Meetings-$6-$6
Total Functional Expenses$89,329$7,283$11,261$107,873
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Berea City School DistrictBerea, OHGov-$25,932
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$83,383
Fundraising Direct Expenses$26,378
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Auction$59,996$59,996$6,502$53,494
Car Raffle$23,387$23,387$12,581$10,806
Total Events$83,383$83,383$26,378$57,005
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
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, Page 6, Part VI, Line 7A

“The bylaws of the foundation provide that fourteen specified not-for-profit organizations in the berea city school district, each select one trustee of the foundation.”

Form 990, Page 6, Part VI, Line 11B

“An electronic copy of the form 990 and required schedules are provided to the chair, treasurer and executive director of the foundation for review and approval prior to filing with the irs.”

Form 990, Page 6, Part VI, Line 12C

“Annually, each trustee of the education foundation is required to read and acknowledge the conflict of interest policy. Based on the matters described in the policy, each trustee completes and signs a conflict of interest statement that is reviewed by the chair of the foundation who monitors compliance with the policy.”

Form 990, Page 6, Part VI, Line 19

“Govering documents, financial statements and copies of the 990 are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
The Education Foundation Inc
EIN
31-1512495
Phone
2168988270
Address
390 FAIR STREET, BEREA, OH 44017

Signing Officer

Name
David Pusti
Title
Treasurer
Phone
2168988270
Signed
2018-10-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Susan Hans
Formed
1996
Legal Domicile
Oh
Voting Board Members
23
Independent Board Members
23
Employees
0
Volunteers
50

Preparer

Firm
Laskey Costello LLC
Address
15514 DETROIT AVE, LAKEWOOD, OH 44107-3832
Preparer
Cynthia M Costello CPA
Phone
2165212100
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The education foundation is committed to providing educational opportunities for students served by the berea city school district. Disbursements by the education foundation are made to schools in the district for educational project grants requests submitted by teachers, staff, and students and to students of the district for college and other scholarships.”

Raw XML AppendixShowing 400 of 472 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE EDUCATION FOUNDATION IS COMMITTED TO PROVIDING EDUCATIONAL OPPORTUNITIES FOR STUDENTS SERVED BY THE BEREA CITY SCHOOL DISTRICT. DISBURSEMENTS BY THE EDUCATION FOUNDATION ARE MADE TO SCHOOLS IN THE DISTRICT FOR EDUCATIONAL PROJECT GRANTS REQUESTS SUBMITTED BY TEACHERS, STAFF, AND STUDENTS AND TO STUDENTS OF THE DISTRICT FOR COLLEGE AND OTHER SCHOLARSHIPS.
IRS990/AllOtherContributionsAmt083277
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE EDUCATION FOUNDATION INC
IRS990/BooksInCareOfDetail/PhoneNum02168988270
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0390 FAIR STREET
IRS990/BooksInCareOfDetail/USAddress/AddressLine2Txt0390 FAIR STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0BEREA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990/BooksInCareOfDetail/USAddress/ZIPCd044017
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt09414
IRS990/CashNonInterestBearingGrp/EOYAmt073660
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt06
IRS990/ConferencesMeetingsGrp/TotalAmt06
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt083277
IRS990/CYGrantsAndSimilarPaidAmt076977
IRS990/CYInvestmentIncomeAmt072799
IRS990/CYOtherExpensesAmt030896
IRS990/CYOtherRevenueAmt057005
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0105208
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0107873
IRS990/CYTotalFundraisingExpenseAmt011261
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0213081
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0THE EDUCATION FOUNDATION MADE GRANTS TO SCHOOLS IN THE BEREA CITY SCHOOL DISTRICT FOR 32 EDUCATIONAL PROJECTS SUBMITTED BY TEACHERS, STAFF AND STUDENTS. THE EDUCATION FOUNDATION AWARDED COLLEGE SCHOLARSHIPS TO 41 SENIOR HIGH SCHOOL STUDENTS GRADUATING FROM BEREA - MIDPARK HIGH SCHOOL.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt089329
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt0630
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0315
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt0630
IRS990/FeesForServicesAccountingGrp/TotalAmt01575
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0724
IRS990/FeesForServicesOtherGrp/TotalAmt0724
IRS990/FeesForSrvcInvstMgmntFeesGrp/FundraisingAmt01038
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt01038
IRS990/FeesForSrvcInvstMgmntFeesGrp/ProgramServicesAmt08306
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt010382
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt015.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd18X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd19X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd20X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd21X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd22X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt210
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt220
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt230
IRS990/Form990PartVIISectionAGrp/PersonNm0JAMES CONNELL
IRS990/Form990PartVIISectionAGrp/PersonNm1SUSAN HANS
IRS990/Form990PartVIISectionAGrp/PersonNm2DAVID PUSTI
IRS990/Form990PartVIISectionAGrp/PersonNm3NEAL JAMISON
IRS990/Form990PartVIISectionAGrp/PersonNm4ANA CHAPMAN
IRS990/Form990PartVIISectionAGrp/PersonNm5MARLEA FULCHIRON
IRS990/Form990PartVIISectionAGrp/PersonNm6EILEEN HEROLD
IRS990/Form990PartVIISectionAGrp/PersonNm7JILL HERRICK
IRS990/Form990PartVIISectionAGrp/PersonNm8ANN JASKIE
IRS990/Form990PartVIISectionAGrp/PersonNm9IRENE JOYCE
IRS990/Form990PartVIISectionAGrp/PersonNm10BRIAN KESSLER
IRS990/Form990PartVIISectionAGrp/PersonNm11LEROY MCCREARY
IRS990/Form990PartVIISectionAGrp/PersonNm12ANN OVER
IRS990/Form990PartVIISectionAGrp/PersonNm13SUSAN SCHEUTZOW
IRS990/Form990PartVIISectionAGrp/PersonNm14TRACY SCHNEID
IRS990/Form990PartVIISectionAGrp/PersonNm15LAURIE SCIVEN
IRS990/Form990PartVIISectionAGrp/PersonNm16MIKE SHEPPARD
IRS990/Form990PartVIISectionAGrp/PersonNm17ROSALIND STRICKLAND
IRS990/Form990PartVIISectionAGrp/PersonNm18CONSOLINA TEMPLEMAN
IRS990/Form990PartVIISectionAGrp/PersonNm19DANIEL KARP
IRS990/Form990PartVIISectionAGrp/PersonNm20WILLIAM YOUNG
IRS990/Form990PartVIISectionAGrp/PersonNm21CORI FARRIS
IRS990/Form990PartVIISectionAGrp/PersonNm22ROSLYN PAINTER-GOFFI
IRS990/Form990PartVIISectionAGrp/PersonNm23ANDREA MULHOLLAND WHITAKER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt238333
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/TitleTxt0AT-LARGE APP
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3LEGAL COUNSE
IRS990/Form990PartVIISectionAGrp/TitleTxt4AT-LARGE APP
IRS990/Form990PartVIISectionAGrp/TitleTxt5AT-LARGE APP
IRS990/Form990PartVIISectionAGrp/TitleTxt6AT-LARGE APP
IRS990/Form990PartVIISectionAGrp/TitleTxt7AT-LARGE APP
IRS990/Form990PartVIISectionAGrp/TitleTxt8OAPSE APPOIN
IRS990/Form990PartVIISectionAGrp/TitleTxt9SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt10BFT APPOINTE
IRS990/Form990PartVIISectionAGrp/TitleTxt11AT-LARGE APP
IRS990/Form990PartVIISectionAGrp/TitleTxt12AT-LARGE APP
IRS990/Form990PartVIISectionAGrp/TitleTxt13MIDDLEBG HTS
IRS990/Form990PartVIISectionAGrp/TitleTxt14BASA APPOINT
IRS990/Form990PartVIISectionAGrp/TitleTxt15VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt16SUPERINTENDE
IRS990/Form990PartVIISectionAGrp/TitleTxt17BUS ADV APPO
IRS990/Form990PartVIISectionAGrp/TitleTxt18BEREA HS APP
IRS990/Form990PartVIISectionAGrp/TitleTxt19BWU APPOINTE
IRS990/Form990PartVIISectionAGrp/TitleTxt20SW GEN HOS A
IRS990/Form990PartVIISectionAGrp/TitleTxt21BOARD EDU AP
IRS990/Form990PartVIISectionAGrp/TitleTxt22AT-LARGE APP
IRS990/Form990PartVIISectionAGrp/TitleTxt23EXECUTIVE DI
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01996
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingDirectExpensesAmt026378
IRS990/FundraisingGrossIncomeAmt083383
IRS990/GainOrLossGrp/SecuritiesAmt04442
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt023
IRS990/GrantAmt076977
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt051045
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt051045
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt025932
IRS990/GrantsToDomesticOrgsGrp/TotalAmt025932
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0204657
IRS990/GrossReceiptsAmt0439674
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt023
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt05658
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0732
IRS990/InformationTechnologyGrp/ProgramServicesAmt0725
IRS990/InformationTechnologyGrp/TotalAmt07115
IRS990/InsuranceGrp/ManagementAndGeneralAmt01057
IRS990/InsuranceGrp/TotalAmt01057
IRS990/InvestmentIncomeGrp/ExclusionAmt068357
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt068357
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01170064
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01255050
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0OH
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0200215
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE EDUCATION FOUNDATION IS COMMITTED TO PROVIDING EDUCATIONAL OPPORTUNITIES FOR STUDENTS SERVED BY THE BEREA CITY SCHOOL DISTRICT. DISBURSEMENTS BY THE EDUCATION FOUNDATION ARE MADE TO SCHOOLS IN THE DISTRICT FOR EDUCATIONAL PROJECT GRANTS REQUESTS SUBMITTED BY TEACHERS, STAFF, AND STUDENTS AND TO STUDENTS OF THE DISTRICT FOR COLLEGE AND OTHER SCHOLARSHIPS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01195194
IRS990/NetAssetsOrFundBalancesEOYAmt01335495
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt04442
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt04442
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt057005
IRS990/NetUnrlzdGainsLossesInvstAmt035093
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/FundraisingAmt03935
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03935
IRS990/OfficeExpensesGrp/ProgramServicesAmt01967
IRS990/OfficeExpensesGrp/TotalAmt09837
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0STATE FILING FEE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0200
IRS990/OtherExpensesGrp/TotalAmt0200
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0956483
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt01092956
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0SUSAN HANS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt083100
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt054262
IRS990/PYInvestmentIncomeAmt039638
IRS990/PYOtherExpensesAmt035325
IRS990/PYOtherRevenueAmt069209
IRS990/PYRevenuesLessExpensesAmt0102360
IRS990/PYTotalExpensesAmt089587
IRS990/PYTotalRevenueAmt0191947
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0105208
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt015716
IRS990/SavingsAndTempCashInvstGrp/EOYAmt06785
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt083277
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0102716
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt020609
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt029669
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt081046
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0317317
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt068357
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt050685
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt026715
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt030984
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt031077
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0207818
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt083383
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.60430
IRS990ScheduleA/PublicSupportPY170Pct00.67620
IRS990ScheduleA/PublicSupportTotal170Amt0317317
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt083277
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0102716
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt020609
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt029669
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt081046
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0317317
IRS990ScheduleA/TotalSupportAmt0525135
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt026378
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ANNUAL AUCTION
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0CAR RAFFLE
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt07295
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt07295
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt059996
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt023387
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt083383
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt059996
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt023387
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt083383
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt057005
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt019083
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt06502
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt012581
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt051045
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS TO STUDENTS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt041
IRS990ScheduleI/RecipientTable/CashGrantAmt025932
IRS990ScheduleI/RecipientTable/IRCSectionDesc0GOV
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0BEREA CITY SCHOOL DISTRICT
IRS990ScheduleI/RecipientTable/RecipientEIN0346000245
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0390 FAIR STREET
IRS990ScheduleI/RecipientTable/USAddress/CityNm0BEREA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0OH
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd044017
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE EDUCATION FOUNDATION MONITORS THE USE OF GRANT FUNDS BY DIRECT OBSERVATION OF ACTIVITIES AND RESULTS, REVIEW OF REPORTS PREPARED BY GRANT RECIPIENTS, AND REQUESTS COPIES OF INVOICES FOR DISBURSEMENTS TO THIRD PARTIES BY GRANT RECIPIENTS.
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt1PART II, LINE 1, COLUMN H - PURPOSE OF GRANT OR ASSISTANCE COCURRICULAR ACTIVITIES NOT FUNDED BY THE BUDGET OF THE BEREA CITY SCHOOL DISTRICT
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE I, PAGE 4, PART IV
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE EDUCATION FOUNDATION IS COMMITTED TO PROVIDING EDUCATIONAL OPPORTUNITIES FOR STUDENTS SERVED BY THE BEREA CITY SCHOOL DISTRICT. DISBURSEMENTS BY THE EDUCATION FOUNDATION ARE MADE TO SCHOOLS IN THE DISTRICT FOR EDUCATIONAL PROJECT GRANTS REQUESTS SUBMITTED BY TEACHERS, STAFF, AND STUDENTS AND TO STUDENTS OF THE DISTRICT FOR COLLEGE AND OTHER SCHOLARSHIPS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BYLAWS OF THE FOUNDATION PROVIDE THAT FOURTEEN SPECIFIED NOT-FOR-PROFIT ORGANIZATIONS IN THE BEREA CITY SCHOOL DISTRICT, EACH SELECT ONE TRUSTEE OF THE FOUNDATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AN ELECTRONIC COPY OF THE FORM 990 AND REQUIRED SCHEDULES ARE PROVIDED TO THE CHAIR, TREASURER AND EXECUTIVE DIRECTOR OF THE FOUNDATION FOR REVIEW AND APPROVAL PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANNUALLY, EACH TRUSTEE OF THE EDUCATION FOUNDATION IS REQUIRED TO READ AND ACKNOWLEDGE THE CONFLICT OF INTEREST POLICY. BASED ON THE MATTERS DESCRIBED IN THE POLICY, EACH TRUSTEE COMPLETES AND SIGNS A CONFLICT OF INTEREST STATEMENT THAT IS REVIEWED BY THE CHAIR OF THE FOUNDATION WHO MONITORS COMPLIANCE WITH THE POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERING DOCUMENTS, FINANCIAL STATEMENTS AND COPIES OF THE 990 ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0OH
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0186028
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0198625
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01195194
IRS990/TotalAssetsEOYAmt01335495

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,335,495
Liabilities
$0
Net assets
$1,335,495
Revenue
$213,081
Expenses
$107,873
Net income
$105,208
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.07$0.00$2.07$0.26$0.17$0.09
2024Detailed filing. Detailed filing data is available for this year.$1.85$0.00$1.85$0.20$0.14$0.07
2023Detailed filing. Detailed filing data is available for this year.$1.67$0.00$1.67$0.13$0.13$0.00
2022Detailed filing. Detailed filing data is available for this year.$1.57$0.00$1.57$0.14$0.10$0.04
2021Detailed filing. Detailed filing data is available for this year.$1.79$0.00$1.79$0.14$0.05$0.09
2020Detailed filing. Detailed filing data is available for this year.$1.41$0.00$1.41$0.17$0.09$0.07
2019Detailed filing. Detailed filing data is available for this year.$1.37$0.00$1.37$0.23$0.14$0.08
2018Detailed filing. Detailed filing data is available for this year.$1.34$0.00$1.34$0.21$0.11$0.11
2017Detailed filing. Detailed filing data is available for this year.$1.20$0.00$1.20$0.19$0.09$0.10
2015Detailed filing. Detailed filing data is available for this year.$0.98$0.00$0.98$0.13$0.10$0.03
2014Detailed filing. Detailed filing data is available for this year.$1.02$0.00$1.02$0.22$0.11$0.11
2013Detailed filing. Detailed filing data is available for this year.$0.93$0.00$0.93$0.17$0.08$0.09