Civic Intelligence

Bedford Area Educational Foundation Inc.

990EZ • Fiscal year 2021 • EIN 36-4499678

Jul 01, 2020 to Jun 30, 2021 • Filed on Nov 03, 2021

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 2021

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2021

Net Margin

74th percentile

29%

Higher net margin than 74% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

79th percentile

$4,100

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 6.3% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

67th percentile

21%

Faster asset growth than 67% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

65th percentile

25%

Faster revenue growth than 65% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$188,615

Up $33,285 (+21%) from 2020

Net Assets

Up

$188,615

Up $33,285 (+21%) from 2020

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$64,859

Up $13,044 (+25%) from 2020

Expenses

Up

$45,988

Up $18,751 (+69%) from 2020

Net Income

Down

$18,871

Down $5,707 (-23%) from 2020

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

2021

Assets$188,615
Liabilities-
Net Assets$188,615

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

2021

Revenue$64,859
Expenses$45,988
Net Income$18,871
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Nov 3, 2021
Return Version
2020v4.0
Gross Receipts
$64,859
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$21,829$44,113
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DONNA DUNNExecutive DiPT$4,100-$4,100
MICHELE SHAFFERBoard Member-$0--
DEBBY ALLENChairman-$0--
JOHN MACKVice-Chair-$0--
TIM BLACKBoard Member-$0--
RITA OTEYSecretary-$0--
DONNA TEMPLETONBoard Member-$0--
WYATT WALTONTreasurer-$0--
JOHN STINNETTBoard Member-$0--
SARA BRAATENBoard Member-$0--
ANNYCE MADDOXBoard 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
2021-11-03
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 office expense 315 insurance 405 taxes & licenses 75 utilities 366 connect to learning 15,000 face masks 2,373 total 18,534

Form 990-ez, Part I, Line 20

Unrealized change in investments 14,414

Form 990-ez, Part II, Line 24

Security deposit 50 50 temp asset 0 50 total 50 100

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

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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 315 INSURANCE 405 TAXES & LICENSES 75 UTILITIES 366 CONNECT TO LEARNING 15,000 FACE MASKS 2,373 TOTAL 18,534
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1UNREALIZED CHANGE IN INVESTMENTS 14,414
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SECURITY DEPOSIT 50 50 TEMP ASSET 0 50 TOTAL 50 100
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DEVELOP 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 III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DONNA DUNN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05405878744
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BEDFORD AREA EDUCATIONAL FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0BEDF
ReturnHeader/Filer/EIN0364499678
ReturnHeader/Filer/PhoneNum05405878744
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 2434
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
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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/PreparationDt02021-11-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEFFREY W MATHEWS CPA
ReturnHeader/ReturnTs02021-11-08T13:20:11-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DONNA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0DUNN
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

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Filings