Civic Intelligence

State College Area School District Education Foundation Inc.

990 • Fiscal year 2019 • EIN 47-5435852

Jul 01, 2018 to Jun 30, 2019 • Filed on May 07, 2020

240 Villa Crest DriveState College, PA 16801

(814) 231-1021

Siviq Scores

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

Liabilities / Assets

47th percentile

0.02x

Higher debt load relative to assets than 47% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

48th percentile

0.02x

Higher debt load relative to revenue than 48% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

97th percentile

83%

Higher net margin than 97% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

74th percentile

$66,000

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 10.8% of source-year revenue.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

99th percentile

450%

Faster asset growth than 99% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

97th percentile

265%

Faster revenue growth than 97% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Up

$620,540

Up $507,651 (+450%) from 2018

Net Assets

Up

$606,080

Up $505,321 (+502%) from 2018

Liabilities

Up

$14,460

Up $2,330 (+19%) from 2018

Revenue

Up

$610,797

Up $443,287 (+265%) from 2018

Expenses

Up

$105,476

Up $20,546 (+24%) from 2018

Net Income

Up

$505,321

Up $422,741 (+512%) from 2018

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2016: $3,810Liabilities 2016: $3,660Net Assets 2016: $1502016Assets 2017: $18,629Liabilities 2017: $450Net Assets 2017: $18,1792017Assets 2018: $112,889Liabilities 2018: $12,130Net Assets 2018: $100,7592018Assets 2019: $620,540Liabilities 2019: $14,460Net Assets 2019: $606,0802019Assets 2020: $663,271Liabilities 2020: $250Net Assets 2020: $663,0212020Assets 2021: $1,402,990Liabilities 2021: $0Net Assets 2021: $1,402,9902021Assets 2022: $1,311,718Liabilities 2022: $12,542Net Assets 2022: $1,299,1762022Assets 2023: $1,280,544Liabilities 2023: $12,680Net Assets 2023: $1,267,8642023Assets 2024: $238,762Liabilities 2024: $13,957Net Assets 2024: $224,8052024

Highlighted filing

2019

Assets$620,540
Liabilities$14,460
Net Assets$606,080

Operations Trend

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

$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2016: $3,852Expenses 2016: $3,702Net Income 2016: $1502016Revenue 2017: $39,501Expenses 2017: $21,472Net Income 2017: $18,0292017Revenue 2018: $167,510Expenses 2018: $84,930Net Income 2018: $82,5802018Revenue 2019: $610,797Expenses 2019: $105,476Net Income 2019: $505,3212019Revenue 2020: $475,555Expenses 2020: $418,614Net Income 2020: $56,9412020Revenue 2021: $1,075,295Expenses 2021: $335,326Net Income 2021: $739,9692021Revenue 2022: $296,541Expenses 2022: $400,355Net Income 2022: -$103,8142022Revenue 2023: $400,038Expenses 2023: $431,350Net Income 2023: -$31,3122023Revenue 2024: $240,559Expenses 2024: $1,283,618Net Income 2024: -$1,043,0592024

Highlighted filing

2019

Revenue$610,797
Expenses$105,476
Net Income$505,321
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
May 7, 2020
Return Version
2018v3.1
Gross Receipts
$625,809
Mission and Program Overview

Mission

The state college area school district education foundation is committed to enhancing the educational experience of students within the state college area school district by providing financial support for innovative learning opportunities.

To support the mission and activities of the state college area school district.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$17,480$353,058▲ $335,578
Cash and Non-Interest-Bearing Accounts$89,159$267,482▲ $178,323
Accounts Receivable$6,250$0▼ $6,250
Total Assets$112,889$620,540▲ $507,651
Liabilities
Accounts Payable and Accrued Expenses$12,130$14,460▲ $2,330
Total Liabilities$12,130$14,460▲ $2,330
Net Assets / Fund Balance
Temporarily Rstr Net Assets$100,759$606,080▲ $505,321
Total Net Assets Fund Balance$100,759$606,080▲ $505,321
Total Liabilities and Net Assets / Fund Balance$112,889$620,540▲ $507,651
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Paul OlivettExecutive DirectorPT$66,000$66,000

Board Members and Trustees

NameTitle
Douglas LovisckyPresident/board Member
Chris BuchignaniVice President/board Membe
Carol GrimBoard Member
Gail DribanBoard Member
Mary Kay MontovinoBoard Member
Michael DesmondBoard Member
Michelle FriscoBoard Member
Penni FishbaineBoard Member
Scott FozardBoard Member
ROBERT O'DONNELLEx-officio Member
Randy BrownEx-officio Member
Ann McglaughlinSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$612,536
Program Service Revenue
$0
Investment Income
$2,317
Other Revenue
$-4,056
All Other Contributions
$559,970
Change in Net Assets
$505,321

Audited Revenue Reconciliation

Revenue per Audited Statements
$625,809
Revenue Not Reported on Financial Statements
$-15,012
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$-15,012
Total Revenue per Audited Statements
$625,809
Total Revenue per Form 990
$610,797
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$105,172
Other Expenses$304
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$105,172--$105,172
Office Expenses$304--$304
Total Functional Expenses$105,476$0$0$105,476

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$120,488
Expenses per Audited Statements$105,476
Total Expenses per Form 990$105,476
Expenses Not Reported on Form 990$15,012
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
State College Area School DistrictState College, PASection 115Support Educational Activities$105,172
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$15,012
Fundraising Gross Income$10,956
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
The Maroon and Gray Banquet$63,522$10,956$4,899$6,057
Total Events$63,522$10,956$15,012$-4,056
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
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
Yes
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

A copy of form 990 was reviewed by the governing body before filing.

Form 990, Part VI, Section B, Line 15A

The executive director works with and reports to the education foundation's board of directors, but is compensated by the state college area school district through a contract with the district.

Form 990, Part VI, Section C, Line 19

All relevant documents are made available on the education foundation's website

FORM 990, PART VII:

The executive director works with and reports to the education foundation's board of directors, but is compensated by the state college area school district through a contract with the district. The state college area school district paid paul olivett $66,000 for contracting services.

Filing and Contact Details

Filer

Filer Name
State College Area School District
EIN
47-5435852
Phone
8142311021
Address
240 VILLA CREST DRIVE, STATE COLLEGE, PA 16801

Signing Officer

Name
Chris Buchignani
Title
President of Board
Phone
8142311021
Signed
2020-05-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chris Buchignani
Formed
2015
Legal Domicile
Pa
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
12

Preparer

Firm
Baker Tilly Virchow Krause Llp
Address
1000 COMMERCE PARK DR, WILLIAMSPORT, PA 17701
Preparer
Jaime L Kuntz CPA
Phone
5703236023
Supplemental Narrative

Financial Statement Notes

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Fundraising event expense -15,012.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Fundraising event expense 15,012.

Raw XML AppendixShowing 400 of 417 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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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt015012
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0105476
IRS990ScheduleD/OtherExpensesIncludedAmt015012
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-15012
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-15012
IRS990ScheduleD/RevenueSubtotalAmt0625809
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FUNDRAISING EVENT EXPENSE -15,012.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING EVENT EXPENSE 15,012.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0105476
IRS990ScheduleD/TotalRevenuePerForm990Amt0610797
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0625809
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0120488
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt052566
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt052566
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt015012
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0THE MAROON AND GRAY BANQUET
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt063522
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt063522
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt010956
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt010956
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-4056
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt04899
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt04899
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt010113
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt010113
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt0105172
IRS990ScheduleI/RecipientTable/IRCSectionDesc0SECTION 115
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SUPPORT EDUCATIONAL ACTIVITIES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0STATE COLLEGE AREA SCHOOL DISTRICT
IRS990ScheduleI/RecipientTable/RecipientEIN0246001247
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0240 VILLA CREST DRIVE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0STATE COLLEGE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0PA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd016801
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION WAS FORMED FOR THE PURPOSE OF RAISING MONIES TO SUPPORT THE EDUCATIONAL MISSION OF THE STATE COLLEGE AREA SCHOOL DISTRICT. THE BOARD OF DIRECTORS WORK CLOSELY WITH THE SUPERINTENDENT, THE BUSINESS ADMINISTRATOR, AND OTHER OFFICERS OF THE SCHOOL DISTRICT TO MONITOR THE USE OF FUNDS AND THE NEEDS OF THE DISTRICT.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF FORM 990 WAS REVIEWED BY THE GOVERNING BODY BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE EXECUTIVE DIRECTOR WORKS WITH AND REPORTS TO THE EDUCATION FOUNDATION'S BOARD OF DIRECTORS, BUT IS COMPENSATED BY THE STATE COLLEGE AREA SCHOOL DISTRICT THROUGH A CONTRACT WITH THE DISTRICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL RELEVANT DOCUMENTS ARE MADE AVAILABLE ON THE EDUCATION FOUNDATION'S WEBSITE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE EXECUTIVE DIRECTOR WORKS WITH AND REPORTS TO THE EDUCATION FOUNDATION'S BOARD OF DIRECTORS, BUT IS COMPENSATED BY THE STATE COLLEGE AREA SCHOOL DISTRICT THROUGH A CONTRACT WITH THE DISTRICT. THE STATE COLLEGE AREA SCHOOL DISTRICT PAID PAUL OLIVETT $66,000 FOR CONTRACTING SERVICES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VII:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0PA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0100759
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0606080
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0112889
IRS990/TotalAssetsEOYAmt0620540
IRS990/TotalAssetsGrp/BOYAmt0112889
IRS990/TotalAssetsGrp/EOYAmt0620540
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0612536
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0105476
IRS990/TotalFunctionalExpensesGrp/TotalAmt0105476
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt012130
IRS990/TotalLiabilitiesEOYAmt014460
IRS990/TotalLiabilitiesGrp/BOYAmt012130
IRS990/TotalLiabilitiesGrp/EOYAmt014460
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0100759
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0606080
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0105476
IRS990/TotalReportableCompFromOrgAmt066000
IRS990/TotalRevenueGrp/ExclusionAmt0-1739
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0610797
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt012
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0112889
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0620540
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/USAddress/AddressLine1Txt0240 VILLA CREST DRIVE
IRS990/USAddress/CityNm0STATE COLLEGE
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd016801
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0WWW.SCASDFOUNDATION.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CHRIS BUCHIGNANI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT OF BOARD
ReturnHeader/BusinessOfficerGrp/PhoneNum08142311021
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-05-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0STATE COLLEGE AREA SCHOOL DISTRICT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0EDUCATION FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0STAT
ReturnHeader/Filer/EIN0475435852
ReturnHeader/Filer/PhoneNum08142311021
ReturnHeader/Filer/USAddress/AddressLine1Txt0240 VILLA CREST DRIVE
ReturnHeader/Filer/USAddress/CityNm0STATE COLLEGE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd016801
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0AE0C272A69DD34E2EDF3B6A185DE1CF90EACE8A4
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt023.130.16.102

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