Civic Intelligence

Ebt Foundation Inc.

990 • Fiscal year 2020 • EIN 84-4370512

Jan 16, 2020 to Dec 31, 2020 • Filed on Aug 25, 2021

421 Meadow StreetRockhill Furnace, PA 17249

(814) 447-3285

Siviq Scores

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

Liabilities / Assets

89th percentile

0.86x

Higher debt load relative to assets than 89% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

92nd percentile

3.22x

Higher debt load relative to revenue than 92% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

91st percentile

53%

Higher net margin than 91% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

21st percentile

$0

Higher top officer pay than 21% of similar nonprofits.

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

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Assets

$8,942,014

No earlier filing loaded for comparison.

Net Assets

$1,272,775

No earlier filing loaded for comparison.

Liabilities

$7,669,239

No earlier filing loaded for comparison.

Revenue

$2,379,051

No earlier filing loaded for comparison.

Expenses

$1,106,276

No earlier filing loaded for comparison.

Net Income

$1,272,775

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0-$5.0MAssets 2020: $8,942,014Liabilities 2020: $7,669,239Net Assets 2020: $1,272,7752020Assets 2021: $9,899,718Liabilities 2021: $9,713,948Net Assets 2021: $185,7702021Assets 2022: $10,788,010Liabilities 2022: $11,081,028Net Assets 2022: -$293,0182022Assets 2023: $11,157,304Liabilities 2023: $11,556,639Net Assets 2023: -$399,3352023Assets 2024: $11,516,396Liabilities 2024: $11,486,582Net Assets 2024: $29,8142024

Highlighted filing

2020

Assets$8,942,014
Liabilities$7,669,239
Net Assets$1,272,775

Operations Trend

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

$4.0M$2.0M$0-$2.0MRevenue 2020: $2,379,051Expenses 2020: $1,106,276Net Income 2020: $1,272,7752020Revenue 2021: $1,353,694Expenses 2021: $2,440,699Net Income 2021: -$1,087,0052021Revenue 2022: $2,054,494Expenses 2022: $2,533,282Net Income 2022: -$478,7882022Revenue 2023: $3,148,008Expenses 2023: $2,903,662Net Income 2023: $244,3462023Revenue 2024: $3,453,056Expenses 2024: $3,023,907Net Income 2024: $429,1492024

Highlighted filing

2020

Revenue$2,379,051
Expenses$1,106,276
Net Income$1,272,775
Jump To
Filing Snapshot
Filing Period
Jan 16, 2020 to Dec 31, 2020
Signed
Aug 25, 2021
Return Version
2020v4.1
Gross Receipts
$2,379,051
Mission and Program Overview

Mission

To obtain, restore, rehabilitate and operate historical industrial and transportation related properties as educational assets for the benefit of the general public.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$0$4,143,332▲ $4,143,332
Rtn Earn Endowment Incm Other Fnds$0$1,272,775▲ $1,272,775
Intangible Assets-$280,000-
Loans From Officers Directors-$100,000-
Cash and Non-Interest-Bearing Accounts-$77,472-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$0$8,942,014▲ $8,942,014
Other Assets Total$0$4,441,210▲ $4,441,210
Liabilities
Mortgage Notes Payable Secured by Investment Property-$7,556,190-
Accounts Payable and Accrued Expenses-$13,049-
Total Liabilities$0$7,669,239▲ $7,669,239
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$1,272,775▲ $1,272,775
Total Liabilities and Net Assets / Fund Balance$0$8,942,014▲ $8,942,014

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$3,028,720$142,028$3,170,748
Land$690,000-$690,000
Buildings$371,810$19,853$391,663
Equipment$52,802$2,564$55,366
Other Assets Org$4,441,210--
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$2,228,329
Program Service Revenue
$139,361
Investment Income
$54
Other Revenue
$11,307
All Other Contributions
$2,180,556
Change in Net Assets
$1,272,775

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,379,051
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,379,051
Total Revenue per Form 990
$2,379,051
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$618,963
Salaries, Compensation, and Employee Benefits$487,313
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$266,297$22,734-$289,031
Depreciation Depletion$160,474$3,971-$164,445
Fees for Services Other$111,035--$111,035
All Other Expenses$68,733$13,891-$82,624
Current Officers, Directors, Trustees, and Key Employees$40,382$40,382-$80,764
Payroll Taxes$50,727$10,441-$61,168
Other Employee Benefits$46,731$9,619-$56,350
Insurance$26,195$6,549-$32,744
Other Expenses$21,489--$21,489
Office Expenses-$15,480-$15,480
Advertising$13,009--$13,009
Travel$5,948--$5,948
Total Functional Expenses$983,209$123,067$0$1,106,276

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,106,276
Total Expenses per Audited Statements$1,106,276
Total Expenses per Form 990$1,106,276
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees-$100,000-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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
Yes
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 is prepared and given to the general manager to review. If any changes need to be made the general manager will contact young, oakes, brown & co. P.c. To verify the changes.

Form 990, Part VI, Section C, Line 19

The governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Ebt Foundation Inc
EIN
84-4370512
Phone
8144473285
Address
421 MEADOW STREET, ROCKHILL FURNACE, PA 17249

Signing Officer

Name
Bradley Esposito
Title
General Manager
Phone
8144473285
Signed
2021-08-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bradley Esposito
Formed
2020
Legal Domicile
Pa
Voting Board Members
12
Independent Board Members
12
Employees
19
Volunteers
0

Preparer

Firm
Young Oakes Brown & Company Pc
Address
1210 THIRTEENTH STREET, ALTOONA, PA 16601
Preparer
David Scott CPA
Phone
8149446191
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Professional fees: program service expenses 111,035. Management and general expenses 0. Fundraising expenses 0. Total expenses 111,035.

Form 990 Part XII, Line 2C

The process has not changed from the prior year.

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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02228329
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02228329
IRS990ScheduleA/TotalSupportAmt02228329
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/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0371810
IRS990ScheduleD/BuildingsGrp/DepreciationAmt019853
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0391663
IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/EquipmentGrp/BookValueAmt052802
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02564
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt055366
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01106276
IRS990ScheduleD/LandGrp/BookValueAmt0690000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0690000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt04441210
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0COLLECTIONS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt03028720
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0142028
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt03170748
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02379051
IRS990ScheduleD/SolicitedAssetsSaleInd00
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04143332
IRS990ScheduleD/TotalBookValueOtherAssetsAmt04441210
IRS990ScheduleD/TotalExpensesPerForm990Amt01106276
IRS990ScheduleD/TotalRevenuePerForm990Amt02379051
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02379051
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01106276
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0100000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0PURCHASE OF POST OFFICE BUILDING
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0100000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0BENNETT LEVIN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/TotalBalanceDueAmt0100000
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF FORM 990 IS PREPARED AND GIVEN TO THE GENERAL MANAGER TO REVIEW. IF ANY CHANGES NEED TO BE MADE THE GENERAL MANAGER WILL CONTACT YOUNG, OAKES, BROWN & CO. P.C. TO VERIFY THE CHANGES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 111,035. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 111,035.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990 PART XII, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0PA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsEOYAmt08942014
IRS990/TotalAssetsGrp/BOYAmt00
IRS990/TotalAssetsGrp/EOYAmt08942014
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt02228329
IRS990/TotalEmployeeCnt019
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0123067
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0983209
IRS990/TotalFunctionalExpensesGrp/TotalAmt01106276
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt07669239
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt07669239
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01272775
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0983209
IRS990/TotalProgramServiceRevenueAmt0139361
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt054
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0150668
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02379051
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt08942014
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt05948
IRS990/TravelGrp/TotalAmt05948
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0421 MEADOW STREET
IRS990/USAddress/CityNm0ROCKHILL FURNACE
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd017249
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0HTTPS://EASTBROADTOP.COM/
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00

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