Civic Intelligence

Bedford Area Educational Foundation Inc.

990EZ • Fiscal year 2019 • EIN 36-4499678

Jul 01, 2018 to Jun 30, 2019 • Filed on Nov 12, 2019

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

57th percentile

0.00x

Higher debt load relative to assets than 57% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

Higher debt load relative to revenue than 57% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

23rd percentile

-10%

Higher net margin than 23% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

78th percentile

$2,045

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 4.9% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

37th percentile

-4.0%

Faster asset growth than 37% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

36th percentile

-8.0%

Faster revenue growth than 36% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$136,792

Down $5,647 (-4.0%) from 2018

Net Assets

Down

$136,780

Down $5,659 (-4.0%) from 2018

Liabilities

$12

No earlier filing loaded for comparison.

Revenue

Down

$41,727

Down $3,634 (-8.0%) from 2018

Expenses

Up

$46,063

Up $13,356 (+41%) from 2018

Net Income

Down

-$4,336

Down $16,990 (-134%) from 2018

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

2019

Assets$136,792
Liabilities$12
Net Assets$136,780

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

2019

Revenue$41,727
Expenses$46,063
Net Income-$4,336
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Nov 12, 2019
Return Version
2018v3.1
Gross Receipts
$41,727
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$38,654$42,419
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHELE SHAFFERBoard MemberPT$2,045-$2,045
DONNA DUNNExecutive DiPT$1,017-$1,017
DEBBY ALLENChief Financ-$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--
JOHN STINNETTBoard 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
Donna Dunn
Title
Executive Director
Phone
5405878744
Signed
2019-11-12
Discuss with paid preparer
Yes

Preparer

Firm
Jeffrey W Mathews CPA Pc
Address
1056 VISTA PARK DR STE A, FOREST, VA 24551-2779
Preparer
Jeffrey W Mathews CPA
Phone
4345281246
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses conferences & meetings 966 insurance 405 taxes & licenses 75 utilities 788 total 2,234

Form 990-ez, Part I, Line 20

Unrealized loss on investments -1,323

Form 990-ez, Part II, Line 24

Security deposit 50 50 total 50 50

Form 990-ez, Part II, Line 26

PAYROLL LIABILIES 0 12

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 Appendix184 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 CONFERENCES & MEETINGS 966 INSURANCE 405 TAXES & LICENSES 75 UTILITIES 788 TOTAL 2,234
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1UNREALIZED LOSS ON INVESTMENTS -1,323
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SECURITY DEPOSIT 50 50 TOTAL 50 50
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PAYROLL LIABILIES 0 12
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/BuildTS02020-04-17 16:48:07Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DONNA DUNN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05405878744
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BEDFORD AREA EDUCATIONAL FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0BEDF
ReturnHeader/Filer/EIN0364499678
ReturnHeader/Filer/PhoneNum05405878744
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
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ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt024.149.74.118
ReturnHeader/FilingSecurityInformation/IPDt02019-11-14
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ReturnHeader/FilingSecurityInformation/IPTm016:45:52
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0814579547
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JEFFREY W MATHEWS CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01056 VISTA PARK DR STE A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FOREST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0245512779
ReturnHeader/PreparerPersonGrp/PhoneNum04345281246
ReturnHeader/PreparerPersonGrp/PreparationDt02019-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEFFREY W MATHEWS CPA
ReturnHeader/ReturnTs02019-11-14T16:45:52-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-07-01
ReturnHeader/TaxPeriodEndDt02019-06-30
ReturnHeader/TaxYr02018

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Filings