Civic Intelligence

Bedford Area Educational Foundation Inc.

990EZ • Fiscal year 2017 • EIN 36-4499678

Jul 01, 2016 to Jun 30, 2017 • Filed on Aug 15, 2017

PO Box 2434Forest, VA 24551

(540) 587-8744

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2017

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2017

Net Margin

48th percentile

2.6%

Higher net margin than 48% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

77th percentile

$3,528

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 8.1% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

55th percentile

5.2%

Faster asset growth than 55% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

38th percentile

-6.1%

Faster revenue growth than 38% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$129,785

Up $6,434 (+5.2%) from 2016

Net Assets

Up

$129,785

Up $6,444 (+5.2%) from 2016

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$43,553

Down $2,851 (-6.1%) from 2016

Expenses

Up

$42,413

Up $4,168 (+11%) from 2016

Net Income

Down

$1,140

Down $7,019 (-86%) from 2016

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2015: $118,048Net Assets 2015: $118,0482015Assets 2016: $123,351Liabilities 2016: $10Net Assets 2016: $123,3412016Assets 2017: $129,785Net Assets 2017: $129,7852017Assets 2018: $142,439Net Assets 2018: $142,4392018Assets 2019: $136,792Liabilities 2019: $12Net Assets 2019: $136,7802019Assets 2020: $155,330Net Assets 2020: $155,3302020Assets 2021: $188,615Net Assets 2021: $188,6152021Assets 2022: $179,899Net Assets 2022: $179,8992022Assets 2023: $196,033Net Assets 2023: $196,0332023Assets 2024: $188,430Net Assets 2024: $188,4302024Assets 2025: $204,878Net Assets 2025: $204,8782025

Highlighted filing

2017

Assets$129,785
Liabilities-
Net Assets$129,785

Operations Trend

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

$100K$50K$0-$50KRevenue 2015: $45,903Expenses 2015: $35,437Net Income 2015: $10,4662015Revenue 2016: $46,404Expenses 2016: $38,245Net Income 2016: $8,1592016Revenue 2017: $43,553Expenses 2017: $42,413Net Income 2017: $1,1402017Revenue 2018: $45,361Expenses 2018: $32,707Net Income 2018: $12,6542018Revenue 2019: $41,727Expenses 2019: $46,063Net Income 2019: -$4,3362019Revenue 2020: $51,815Expenses 2020: $27,237Net Income 2020: $24,5782020Revenue 2021: $64,859Expenses 2021: $45,988Net Income 2021: $18,8712021Revenue 2022: $52,001Expenses 2022: $45,645Net Income 2022: $6,3562022Revenue 2023: $52,095Expenses 2023: $34,909Net Income 2023: $17,1862023Revenue 2024: $49,763Expenses 2024: $60,708Net Income 2024: -$10,9452024Revenue 2025: $93,136Expenses 2025: $80,651Net Income 2025: $12,4852025

Highlighted filing

2017

Revenue$43,553
Expenses$42,413
Net Income$1,140
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Aug 15, 2017
Return Version
2016v3.0
Gross Receipts
$94,553
Mission and Program Overview

Mission

Develop a link between the community and public education, enriching education beyond basis obligations and providing teacher and student educational enrichment grants

Program Services

DescriptionGrantsExpenses
PROVIDE EDUCATIONAL GRANTS AND SUPPORT TO LOCAL SCHOOLS AND TEACHERS$31,834$36,233
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHELE SHAFFERExecutive DiPT$3,528-$3,528
DEBBY ALLENBoard Member-$0--
JOHN MACKBoard Member-$0--
TIM BLACKBoard Member-$0--
MARSHA U MELTONBoard Member-$0--
RITA OTEYBoard Member-$0--
DONNA TEMPLETONBoard Member-$0--
SARA HOLDRENBoard Member-$0--
CLARE TERRYBoard Member-$0--
WYATT WALTONBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Bedford Area Educational Foundation
EIN
36-4499678
Phone
5405878744
Address
PO BOX 2434, FOREST, VA 24551

Signing Officer

Name
Michele Shaffer
Title
Executive Director
Phone
5405878744
Signed
2017-08-15
Discuss with paid preparer
Yes

Preparer

Firm
Jeffrey W Mathews CPA Pc
Address
2203 GRAVES MILL RD SUITE D, FOREST, VA 24551-4297
Preparer
Jeffrey W Mathews CPA
Phone
4345281246
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses office expense 219 conferences & meetings 1,246 insurance 405 taxes & licenses 85 utilities 567 total 2,522

Form 990-ez, Part I, Line 20

Unrealized gain on investments 5,304

Form 990-ez, Part II, Line 24

Security deposit 50 50 total 50 50

Form 990-ez, Part II, Line 26

PAYROLL LIABILITES 10 0

Form 990-ez, Part III

Develop a link between the community and public education, enriching education beyond basis obligations and providing teacher and student educational enrichment grants

Raw XML Appendix181 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.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE EXPENSE 219 CONFERENCES & MEETINGS 1,246 INSURANCE 405 TAXES & LICENSES 85 UTILITIES 567 TOTAL 2,522
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1UNREALIZED GAIN ON INVESTMENTS 5,304
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SECURITY DEPOSIT 50 50 TOTAL 50 50
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PAYROLL LIABILITES 10 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DEVELOP A LINK BETWEEN THE COMMUNITY AND PUBLIC EDUCATION, ENRICHING EDUCATION BEYOND BASIS OBLIGATIONS AND PROVIDING TEACHER AND STUDENT EDUCATIONAL ENRICHMENT GRANTS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHELE SHAFFER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05405878744
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-08-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BEDFORD AREA EDUCATIONAL FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0BEDF
ReturnHeader/Filer/EIN0364499678
ReturnHeader/Filer/PhoneNum05405878744
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd024551
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JEFFREY W MATHEWS CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02203 GRAVES MILL RD SUITE D
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FOREST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0245514297
ReturnHeader/PreparerPersonGrp/PhoneNum04345281246
ReturnHeader/PreparerPersonGrp/PreparationDt02017-09-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEFFREY W MATHEWS CPA
ReturnHeader/ReturnTs02017-10-18T13:52:32-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

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