Civic Intelligence

Bedford Area Educational Foundation Inc.

990EZ • Fiscal year 2024 • EIN 36-4499678

Jul 01, 2023 to Jun 30, 2024 • Filed on Aug 26, 2024

Organization ProfileWWW.BEDFORDEDUCATION.COM
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 2024

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2024

Net Margin

18th percentile

-22%

Higher net margin than 18% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

80th percentile

$4,165

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 8.4% of source-year revenue.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

40th percentile

-3.9%

Faster asset growth than 40% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

40th percentile

-4.5%

Faster revenue growth than 40% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$188,430

Down $7,603 (-3.9%) from 2023

Net Assets

Down

$188,430

Down $7,603 (-3.9%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin18th percentile

Revenue

Down

$49,763

Down $2,332 (-4.5%) from 2023

Expenses

Up

$60,708

Up $25,799 (+74%) from 2023

Net Income

Down

-$10,945

Down $28,131 (-164%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth40th percentile

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

2024

Assets$188,430
Liabilities-
Net Assets$188,430
Open 2024 Filing

Operations Trend

Revenue Growth40th percentile

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

2024

Revenue$49,763
Expenses$60,708
Net Income-$10,945
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Aug 26, 2024
Return Version
2023v5.0
Gross Receipts
$49,763
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$50,503$57,831
Compensation and Service Providers
Top Officer Pay80th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOHN WHITEExecutive DiPT$4,165-$4,165
DEBBY ALLENChairman-$0--
JOHN MACKBoard Member-$0--
TIMOTHY BLACKBoard Member-$0--
RITA OTEYSecretary-$0--
DONNA TEMPLETONBoard Member-$0--
SARA BRAATENBoard Member-$0--
WYATT WALTONBoard Member-$0--
JOHN STINNETTBoard Member-$0--
MICHELE SHAFFERTreasurer-$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
John White
Title
Executive Director
Phone
5405878744
Signed
2024-08-26
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 10

“Class of activity: kimochis counseling cash contribution: 7,500”

Form 990-ez, Part I, Line 16

“Expenses office expense 75 insurance 405 taxes & licenses 75 utilities 722 meals & entertainment 3,025 total 4,302”

Form 990-ez, Part I, Line 20

“Unrealized gain on investments 3,342”

Form 990-ez, Part II, Line 24

“Grants receivable 7,000 0 security deposit 50 50 total 7,050 50”

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 Appendix170 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
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IRS990EZ/BooksInCareOfDetail/PhoneNum05405878744
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 2434
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0FOREST
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd024551
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0188983
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0188380
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt044210
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-10945
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0785
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0196033
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0188430
IRS990EZ/GrantsAndSimilarAmountsPaidAmt050503
IRS990EZ/GrossReceiptsAmt049763
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt05553
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0196033
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0188430
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0196033
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0188430
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt61.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt71.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt81.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt95.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt94165
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DEBBY ALLEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JOHN MACK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2TIMOTHY BLACK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3RITA OTEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4DONNA TEMPLETON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5SARA BRAATEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6WYATT WALTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7JOHN STINNETT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8MICHELE SHAFFER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9JOHN WHITE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9EXECUTIVE DI
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt07050
IRS990EZ/OtherAssetsTotalDetail/EOYAmt050
IRS990EZ/OtherChangesInNetAssetsAmt03342
IRS990EZ/OtherExpensesTotalAmt04302
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0DEVELOP A LINK BETWEEN THE COMMUNITY AND PUBLIC EDUCATION, ENRICHING EDUCATION BEYOND BASIS OBLIGATIONS AND PROVIDING TEACHER AND STUDENT EDUCATIONAL ENRICHMENT GRANTS
IRS990EZ/PrintingPublicationsPostageAmt0634
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDE EDUCATIONAL GRANTS AND SUPPORT TO LOCAL SCHOOLS AND TEACHERS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt050503
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt057831
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt04484
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0VA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt060708
IRS990EZ/TotalProgramServiceExpensesAmt057831
IRS990EZ/TotalRevenueAmt049763
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.BEDFORDEDUCATION.COM
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt044210
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt045709
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt045792
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt061398
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt047905
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0245014
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt05553
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt06386
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt06208
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt03461
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt05229
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt026837
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt022520
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.73280
IRS990ScheduleA/PublicSupportPY170Pct00.70640
IRS990ScheduleA/PublicSupportTotal170Amt0199199
IRS990ScheduleA/SubstantialContributorsTotAmt045815
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt044210
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt045709
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt045792
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt061398
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt047905
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0245014
IRS990ScheduleA/TotalSupportAmt0271851
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CLASS OF ACTIVITY: KIMOCHIS COUNSELING CASH CONTRIBUTION: 7,500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES OFFICE EXPENSE 75 INSURANCE 405 TAXES & LICENSES 75 UTILITIES 722 MEALS & ENTERTAINMENT 3,025 TOTAL 4,302
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UNREALIZED GAIN ON INVESTMENTS 3,342
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GRANTS RECEIVABLE 7,000 0 SECURITY DEPOSIT 50 50 TOTAL 7,050 50
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 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
ReturnHeader/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN WHITE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05405878744
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-08-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BEDFORD AREA EDUCATIONAL FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0BEDF
ReturnHeader/Filer/EIN0364499678
ReturnHeader/Filer/PhoneNum05405878744
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 2434
ReturnHeader/Filer/USAddress/CityNm0FOREST
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd024551
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
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/PreparationDt02024-08-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEFFREY W MATHEWS CPA
ReturnHeader/ReturnTs02024-09-12T10:45:49-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$188,430
Liabilities
-
Net assets
$188,430
Revenue
$49,763
Expenses
$60,708
Net income
-$10,945
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.05$2.05$0.93$0.81$0.12
2024Detailed filing. Detailed filing data is available for this year.$1.88$1.88$0.50$0.61$0.11
2023Detailed filing. Detailed filing data is available for this year.$1.96$1.96$0.52$0.35$0.17
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.80$1.80$0.52$0.46$0.06
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.89$1.89$0.65$0.46$0.19
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.55$1.55$0.52$0.27$0.25
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.37$0.00$1.37$0.42$0.46$0.04
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.42$1.42$0.45$0.33$0.13
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.30$1.30$0.44$0.42$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.23$0.00$1.23$0.46$0.38$0.08
2015Detailed filing. Detailed filing data is available for this year.$1.18$1.18$0.46$0.35$0.10