Civic Intelligence

Exeter Community Education Foundation

990 • Fiscal year 2023 • EIN 38-3775095

Jan 01, 2023 to Dec 31, 2023 • Filed on Feb 15, 2024

200 Elm StreetReading, PA 19606

(610) 779-6000

Siviq Scores

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

Liabilities / Assets

61st percentile

0.00x

Higher debt load relative to assets than 61% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

63rd percentile

0.00x

Higher debt load relative to revenue than 63% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

86th percentile

39%

Higher net margin than 86% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

75th percentile

23%

Faster asset growth than 75% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

53rd percentile

7.3%

Faster revenue growth than 53% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$301,260

Up $57,153 (+23%) from 2022

Net Assets

Up

$300,544

Up $57,133 (+23%) from 2022

Liabilities

Up

$716

Up $20 (+2.9%) from 2022

Revenue

Up

$146,932

Up $9,969 (+7.3%) from 2022

Expenses

Up

$89,713

Up $4,214 (+4.9%) from 2022

Net Income

Up

$57,219

Up $5,755 (+11%) from 2022

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2010: $65,897Liabilities 2010: $18,998Net Assets 2010: $46,8992010Assets 2011: $66,486Liabilities 2011: $18,998Net Assets 2011: $47,4882011Assets 2012: $85,513Liabilities 2012: $14,499Net Assets 2012: $71,0142012Assets 2013: $93,939Liabilities 2013: $10,000Net Assets 2013: $83,9392013Assets 2014: $123,858Liabilities 2014: $0Net Assets 2014: $123,8582014Assets 2015: $108,609Liabilities 2015: $0Net Assets 2015: $108,6092015Assets 2016: $125,353Liabilities 2016: $0Net Assets 2016: $125,3532016Assets 2017: $103,726Liabilities 2017: $621Net Assets 2017: $103,1052017Assets 2018: $112,950Liabilities 2018: $514Net Assets 2018: $112,4362018Assets 2019: $146,672Liabilities 2019: $512Net Assets 2019: $146,1602019Assets 2020: $157,483Liabilities 2020: $0Net Assets 2020: $157,4832020Assets 2021: $191,953Liabilities 2021: $92Net Assets 2021: $191,8612021Assets 2022: $244,107Liabilities 2022: $696Net Assets 2022: $243,4112022Assets 2023: $301,260Liabilities 2023: $716Net Assets 2023: $300,5442023

Highlighted filing

2023

Assets$301,260
Liabilities$716
Net Assets$300,544

Operations Trend

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

$200K$150K$100K$50K$0-$50KExpenses 2010: $24,5492010Expenses 2011: $32,0132011Expenses 2012: $10,9132012Revenue 2013: $34,920Expenses 2013: $21,995Net Income 2013: $12,9252013Revenue 2014: $113,157Expenses 2014: $73,238Net Income 2014: $39,9192014Revenue 2015: $142,357Expenses 2015: $157,606Net Income 2015: -$15,2492015Revenue 2016: $88,454Expenses 2016: $71,710Net Income 2016: $16,7442016Revenue 2017: $49,996Expenses 2017: $72,245Net Income 2017: -$22,2492017Revenue 2018: $134,450Expenses 2018: $125,119Net Income 2018: $9,3312018Revenue 2019: $118,908Expenses 2019: $85,184Net Income 2019: $33,7242019Revenue 2020: $90,575Expenses 2020: $79,252Net Income 2020: $11,3232020Revenue 2021: $97,952Expenses 2021: $63,574Net Income 2021: $34,3782021Revenue 2022: $136,963Expenses 2022: $85,499Net Income 2022: $51,4642022Revenue 2023: $146,932Expenses 2023: $89,713Net Income 2023: $57,2192023

Highlighted filing

2023

Revenue$146,932
Expenses$89,713
Net Income$57,219
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Feb 15, 2024
Return Version
2023v4.0
Gross Receipts
$180,324
Mission and Program Overview

Mission

To secure financial and in-kind resources from individuals, alumni, businesses, community organizations and other sources; to expand and enhance the educational opportunities for residents of the exeter school district.

To secure financial and in-kind contributions from individuals, alumni, businesses, community organizations and other sources in order to enhance the educational experience of students in the exeter school district

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$244,107$301,260▲ $57,153
Total Assets$244,107$301,260▲ $57,153
Liabilities
Other Liabilities$696$716▲ $20
Total Liabilities$696$716▲ $20
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$176,353$221,762▲ $45,409
Net Assets With Donor Restrictions$67,058$78,782▲ $11,724
Total Net Assets Fund Balance$243,411$300,544▲ $57,133
Total Liabilities and Net Assets / Fund Balance$244,107$301,260▲ $57,153
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jason ShafferPresident
Heather MccoolVice President
Brett DiamondBoard Member
Christopher D NeinBoard Member
Deborah SottosantiBoard Member
Don CramerBoard Member
Dr Josh HoytBoard Member
Ellen AlrightBoard Member
Glenn Corbin OdBoard Member
Hunter AhrensBoard Member
Kelly Klin-carrBoard Member
Kristy WellerBoard Member
Matthew HathawayBoard Member
Megan BlewBoard Member
Nickolas J CorboBoard Member
Peg GumpertBoard Member
Raydell HymonBoard Member
Robert HeebnerBoard Member
Rocco DecamilloBoard Member
Rory BenderBoard Member
Samuel G PadovaniBoard Member
Amy LubenowSecretary
Edward J PeiferTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$139,210
Program Service Revenue
$0
Investment Income
$8,198
Other Revenue
$-476
All Other Contributions
$88,160
Change in Net Assets
$57,219
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$35,674
Grants and Similar Amounts Paid$32,812
Salaries, Compensation, and Employee Benefits$21,227
Total Fundraising Expense$8,590
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$32,812--$32,812
Current Officers, Directors, Trustees, and Key Employees$5,850$5,850$7,800$19,500
Payroll Taxes$518$518$691$1,727
Insurance$774$774$99$1,647
Fees for Services Accounting-$1,295-$1,295
Office Expenses$721--$721
Information Technology$327--$327
Other Expenses$31,424$260-$260
Total Functional Expenses$72,426$8,697$8,590$89,713
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Exeter School DistrictReading, PA-To Fund Faculty Devised Programs and Projects That Benefit Students of the Exeter School District$32,812
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$33,392
Fundraising Gross Income$32,896
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Outing$50,320$15,020$15,828$-808
Gala Fundraiser$29,771$14,021$16,902$-2,881
Total Events$83,946$32,896$33,392$-496
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Withholdings$716
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

No review was or will be conducted

Form 990, Part VI, Section C, Line 19

Upon request the organization provides access to copies of the organizations governing documents and financial statements

Filing and Contact Details

Filer

Filer Name
Exeter Community Education Foundation
EIN
38-3775095
Phone
6107796000
Address
200 ELM STREET, READING, PA 19606

Signing Officer

Name
Jason Shaffer
Title
President
Phone
6107796000
Signed
2024-02-15

Organization Details

Principal Officer
Jason Shaffer
Formed
2008
Legal Domicile
Pa
Voting Board Members
23
Independent Board Members
0
Employees
1
Volunteers
0

Preparer

Firm
Joseph D Dantas CPA
Address
600 CARSONIA AVENUE, READING, PA 19606
Preparer
Joseph D Dantas CPA
Phone
6103701820
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
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IRS990/GrantAmt032812
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt032812
IRS990/GrantsToDomesticOrgsGrp/TotalAmt032812
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0180324
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt0327
IRS990/InformationTechnologyGrp/TotalAmt0327
IRS990/InsuranceGrp/FundraisingAmt099
IRS990/InsuranceGrp/ManagementAndGeneralAmt0774
IRS990/InsuranceGrp/ProgramServicesAmt0774
IRS990/InsuranceGrp/TotalAmt01647
IRS990/InvestmentIncomeGrp/ExclusionAmt08198
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt08198
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0PA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0ASSIST THE EXETER SCHOOL DISTRICT IN PROVIDING QUALITY EDUCATIONAL EXPERIENCE FOR IT'S STUDENTS, AND TO SUPPORT PROJECTS WHICH ENHANCE THE LEARNING EXPERIENCE OF EXETER TOWNSHIP SCHOOL DISTRICT STUDENTS
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0243411
IRS990/NetAssetsOrFundBalancesEOYAmt0300544
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-3689
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-496
IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt03193
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-85
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0176353
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0221762
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ProgramServicesAmt0721
IRS990/OfficeExpensesGrp/TotalAmt0721
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0PROGRAM FEES
IRS990/OtherExpensesGrp/Desc1REGISTRATIONS AND LICEN
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0260
IRS990/OtherExpensesGrp/ProgramServicesAmt031424
IRS990/OtherExpensesGrp/TotalAmt031424
IRS990/OtherExpensesGrp/TotalAmt1260
IRS990/OtherLiabilitiesGrp/BOYAmt0696
IRS990/OtherLiabilitiesGrp/EOYAmt0716
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt020
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt020
IRS990/OtherRevenueTotalAmt020
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0691
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0518
IRS990/PayrollTaxesGrp/ProgramServicesAmt0518
IRS990/PayrollTaxesGrp/TotalAmt01727
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JASON SHAFFER
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0140661
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt031426
IRS990/PYInvestmentIncomeAmt0814
IRS990/PYOtherExpensesAmt026710
IRS990/PYOtherRevenueAmt0-4512
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt051464
IRS990/PYSalariesCompEmpBnftPaidAmt027363
IRS990/PYTotalExpensesAmt085499
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0136963
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt057219
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0172106
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0149361
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0107394
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt090526
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0128382
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0647769
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt08198
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0814
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0645
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01416
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0975
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt012048
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt020
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0566
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0578
IRS990ScheduleA/OtherIncome170Grp/TotalAmt01164
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98000
IRS990ScheduleA/PublicSupportPY170Pct00.99090
IRS990ScheduleA/PublicSupportTotal170Amt0647769
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0172106
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0149361
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0107394
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt090526
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0128382
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0647769
IRS990ScheduleA/TotalSupportAmt0660981
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0716
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL WITHHOLDINGS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt0716
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt051050
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt035300
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt015750
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt033392
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF OUTING
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0GALA FUNDRAISER
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt050320
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt029771
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt03855
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt083946
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt015020
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt014021
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt03855
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt032896

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.
2023Detailed filing. Detailed filing data is available for this year.$3.01$0.01$3.01$1.47$0.90$0.57
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.44$0.01$2.43$1.37$0.85$0.51
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.92$0.00$1.92$0.98$0.64$0.34
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.57$0.00$1.57$0.91$0.79$0.11
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.47$0.01$1.46$1.19$0.85$0.34
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.13$0.01$1.12$1.34$1.25$0.09
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.04$0.01$1.03$0.50$0.72$0.22
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.25$0.00$1.25$0.88$0.72$0.17
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.09$0.00$1.09$1.42$1.58$0.15
2014Detailed filing. Detailed filing data is available for this year.$1.24$0.00$1.24$1.13$0.73$0.40
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.94$0.10$0.84$0.35$0.22$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.86$0.14$0.71$0.11
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.66$0.19$0.47$0.32
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.66$0.19$0.47$0.25
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2023 filings • 501(c)3 • <$500k nonprofits