2023-03-26T09:27:18-05:00 2022-06-30 390859910 BAKER TILLY US LLP 1000 COMMERCE PARK DR WILLIAMSPORT PA 17701 990 2021-07-01 475435852 STATE COLLEGE AREA SCHOOL DISTRICT EDUCATION FOUNDATION INC STAT 8142311021 240 VILLA CREST DRIVE STATE COLLEGE PA 16801 MARY KAY MONTOVINO PRESIDENT OF BOARD 8142311021 2023-03-20 1 MARY KAY MONTOVINO 999009999 JAIME L KUNTZ CPA P01272711 5703236023 2023-03-20 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z MARY KAY MONTOVINO 240 VILLA CREST DRIVE STATE COLLEGE PA 16801 311152 0 X WWW.SCASDFOUNDATION.ORG X 2015 PA TO SUPPORT THE MISSION AND ACTIVITIES OF THE STATE COLLEGE AREA SCHOOL DISTRICT. 12 12 0 15 0 0 1065143 302501 0 0 10152 1651 0 -7611 1075295 296541 335011 302040 0 0 0 72000 0 0 87599 315 26315 335326 400355 739969 -103814 1402990 1311718 0 12542 1402990 1299176 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. 0 0 302040 302040 SUPPORT THE EDUCATIONAL ACTIVITIES CONDUCTED BY THE STATE COLLEGE AREA SCHOOL DISTRICT.DURING THE CURRENT YEAR, SUPPORT PROVIDED TO THE STATE COLLEGE AREA SCHOOL DISTRICT WAS PRIMARILY TO FUND MEMORIAL FIELD RENOVATIONS, ELEMENTARY STEM AND CAREER AND TECHNICAL PROGRAMS, AND STUDENT OPPORTUNITY GRANTS WHICH PROVIDED FUNDS TO TEACHERS FOR CLASSROOM NEEDS. 302040 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 PA X RANDY BROWN 8142311021 240 VILLA CREST DRIVE STATE COLLEGE PA 16801 X MICHELLE FRISCO PRESIDENT/BOARD MEMBE 1.00 X X 0 0 0 MARY KAY MONTOVINO VICE PRESIDENT/BOARD MEMBER 5.00 X X 0 0 0 LUKE MASSARO TREASURER/BOARD MEMBER 1.00 X X 0 0 0 CHRISTINE ADAMS BOARD MEMBER 1.00 X 0 0 0 CHRIS BUCHIGNANI BOARD MEMBER 1.00 X 0 0 0 CHRISTEN BUCKLEY BOARD MEMBER 1.00 X 0 0 0 DUANE BULLOCK BOARD MEMBER 1.00 X 0 0 0 AMBER CONCEPCION BOARD MEMBER 1.00 X 0 0 0 MICHAEL DESMOND BOARD MEMBER 1.00 X 0 0 0 CAROL GRIM BOARD MEMBER 1.00 X 0 0 0 DOUGLAS LOVISCKY BOARD MEMBER 1.00 X 0 0 0 ANN MCGLAUGHLIN BOARD MEMBER 1.00 X 0 0 0 SCOTT FOZARD BOARD MEMBER (UNTIL 11/21) 5.00 X 0 0 0 RANDY BROWN EX-OFFICIO MEMBER (NON-VOT 10.00 X 0 0 0 DR ROBERT O'DONNELL EX-OFFICIO MEMBER (NON-VOT 10.00 X 0 0 0 PAUL OLIVETT EXECUTIVE DIRECTOR 20.00 X 70135 0 0 70135 0 0 0 0 0 0 0 14639 287862 5223 302501 1321 1321 330 0 330 330 330 7000 14639 14611 -7611 -7611 296541 0 0 -5960 302040 302040 72000 72000 4000 4000 2500 2500 1657 1657 1949 1949 FUNDRAISING EXPENSES 15599 15599 ADMINISTRATIVE EXPENSES 610 610 400355 302040 10716 87599 408095 619605 994895 692113 1402990 1311718 12542 0 12542 X 7074 1402990 1292102 1402990 1299176 1402990 1311718 -103814 0 X 0 1 X 1 0 X 179373 612536 470186 1065143 302501 2629739 179373 612536 470186 1065143 302501 2629739 822059 1807680 267 2317 5369 1057 1321 10331 7000 7000 2647070 0.68290 0.64790 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 311152 0 311152 -14611 -14611 296541 414966 14611 14611 400355 0 400355 PART X, LINE 2: THE FOUNDATION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES USING A RECOGNITION THRESHOLD OF MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD IS MET. MANAGEMENT DETERMINED THERE WERE NO TAX UNCERTAINTIES THAT MET THE RECOGNITION THRESHOLD IN 2022. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES -14,611. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES 14,611. DINNER EVENT 21639 14639 7000 540 7286 6785 21639 14639 7000 540 7286 6785 14611 -7611 1 STATE COLLEGE AREA SCHOOL DISTRICT 240 VILLA CREST DRIVE STATE COLLEGE PA 16801 246001247 SECTION 115 302040 0 N/A N/A SUPPORT EDUCATIONAL ACTIVITIES PART I, LINE 2: THE 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 FINANCE & OPERATIONS OFFICER, AND OTHER OFFICERS OF THE SCHOOL DISTRICT TO MONITOR THE USE OF FUNDS AND THE NEEDS OF THE DISTRICT. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 WAS REVIEWED BY THE GOVERNING BODY BEFORE FILING. 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. BEGINNING JULY 2021, THE EXECUTIVE DIRECTOR WAS COMPENSATED BY THE EDUCATION FOUNDATION THROUGH A CONTRACT WITH THE FOUNDATION. PRIOR TO JULY 2021, THE EXECUTIVE DIRECTOR WAS COMPENSATED BY STATE COLLEGE AREA SCHOOL DISTRICT THROUGH A CONTRACT WITH THE DISTRICT.