EDUCATION FOUNDATION: Form 990, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- EDUCATION FOUNDATION (EIN 31-1512495)
- Tax period
- 2018-07-01 to 2019-06-30
- Filed
- 2020-01-10
- IRS object ID
- 202040109349300814
- Schema version
- 2018v3.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-01-10T12:14:31-06:00 | ReturnTs |
| Tax Period End | 2019-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 455224317 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LASKEY COSTELLO LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 15514 DETROIT AVE | AddressLine1Txt |
| City | LAKEWOOD | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 441073832 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2018-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 311512495 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE EDUCATION FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | EDUC | BusinessNameControlTxt |
| Phone | 2168988270 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 390 FAIR STREET | AddressLine1Txt |
| City | BEREA | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44017 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DAVID PUSTI | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 2168988270 | PhoneNum |
| Signature | 2019-12-31 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CYNTHIA M COSTELLO CPA | PreparerPersonNm |
| PTIN | P01007583 | PTIN |
| Phone | 2165212100 | PhoneNum |
| Preparation | 2020-01-10 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 70.240.146.73 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-01-10 | IPDt |
| IP Tm | 12:14:31 | IPTm |
| IP Timezone | CS | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | BF108FB3D3C3A09FA432768D3027B5AAFE18AE0D | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | A852333C56D647C52CB3D0F97185A1806170BD05 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2020-09-23 17:36:50Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | SUSAN HANS | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 390 FAIR STREET | AddressLine1Txt |
| City | BEREA | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44017 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $1,019,825 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.EDUCATIONFOUNDATIONBEREA.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1996 | FormationYr |
| Legal Domicile State | OH | LegalDomicileStateCd |
| Activity Or Mission | THE EDUCATION FOUNDATION IS COMMITTED TO PROVIDING EDUCATIONAL OPPORTUNITIES FOR STUDENTS SERVED BY THE BEREA CITY SCHOOL DISTRICT. DISBURSEMENTS BY THE EDUCATION FOUNDATION ARE MADE TO SCHOOLS IN THE DISTRICT FOR EDUCATIONAL PROJECT GRANTS REQUESTS SUBMITTED BY TEACHERS, STAFF, AND STUDENTS AND TO STUDENTS OF THE DISTRICT FOR COLLEGE AND OTHER SCHOLARSHIPS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 20 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 20 | VotingMembersIndependentCnt |
| Total Employee | 1 | TotalEmployeeCnt |
| Total Volunteers | 50 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $83,277 | PYContributionsGrantsAmt |
| CY Contributions Grants | $57,282 | CYContributionsGrantsAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $72,799 | PYInvestmentIncomeAmt |
| CY Investment Income | $108,764 | CYInvestmentIncomeAmt |
| PY Other Revenue | $57,005 | PYOtherRevenueAmt |
| CY Other Revenue | $60,836 | CYOtherRevenueAmt |
| PY Total Revenue | $213,081 | PYTotalRevenueAmt |
| CY Total Revenue | $226,882 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $76,977 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $94,773 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| CY Salaries Comp Emp Bnft Paid | $27,093 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $15,992 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $30,896 | PYOtherExpensesAmt |
| CY Other Expenses | $21,297 | CYOtherExpensesAmt |
| PY Total Expenses | $107,873 | PYTotalExpensesAmt |
| CY Total Expenses | $143,163 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $105,208 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $83,719 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,335,495 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,370,820 | TotalAssetsEOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $1,335,495 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $1,370,820 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE EDUCATION FOUNDATION IS COMMITTED TO PROVIDING EDUCATIONAL OPPORTUNITIES FOR STUDENTS SERVED BY THE BEREA CITY SCHOOL DISTRICT. DISBURSEMENTS BY THE EDUCATION FOUNDATION ARE MADE TO SCHOOLS IN THE DISTRICT FOR EDUCATIONAL PROJECT GRANTS REQUESTS SUBMITTED BY TEACHERS, STAFF, AND STUDENTS AND TO STUDENTS OF THE DISTRICT FOR COLLEGE AND OTHER SCHOLARSHIPS. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $107,060 | ExpenseAmt |
| Grant | $94,773 | GrantAmt |
| Desc | THE EDUCATION FOUNDATION MADE GRANTS TO SCHOOLS IN THE BEREA CITY SCHOOL DISTRICT FOR 25 EDUCATIONAL PROJECTS SUBMITTED BY TEACHERS, STAFF AND STUDENTS. THE EDUCATION FOUNDATION AWARDED COLLEGE SCHOLARSHIPS TO 36 SENIOR HIGH SCHOOL STUDENTS GRADUATING FROM BEREA - MIDPARK HIGH SCHOOL. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $10,837 | ExpenseAmt |
| Desc | THE EDUCATION FOUNDATION MADE GRANTS TO SCHOOLS IN THE BEREA CITY SCHOOL DISTRICT FOR 25 EDUCATIONAL PROJECTS SUBMITTED BY TEACHERS, STAFF AND STUDENTS. THE EDUCATION FOUNDATION AWARDED COLLEGE SCHOLARSHIPS TO 36 SENIOR HIGH SCHOOL STUDENTS GRADUATING FROM BEREA - MIDPARK HIGH SCHOOL. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $10,837 | TotalOtherProgSrvcExpenseAmt |
| Total Program Service Expenses | $117,897 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | false | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 1 | IRPDocumentCnt |
| IRP Document W2 G | 1 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 1 | EmployeeCnt |
| Employment Tax Returns Filed | false | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | false | Form8899Filedind |
| Form1098 C Filed | false | Form1098CFiledInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 20 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 20 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | false | WhistleblowerPolicyInd |
| Document Retention Policy | false | DocumentRetentionPolicyInd |
| Compensation Process CEO | false | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | OH | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE EDUCATION FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2168988270 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 390 FAIR STREET | AddressLine1Txt |
| Address Line2 | 390 FAIR STREET | AddressLine2Txt |
| City | BEREA | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44017 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|
| ANDREA WHITAKER | ||||||
| EXECUTIVE DI | 0.25 | Yes (X) | $25,000 | $0 | $0 | |
| JEFF HAAS | ||||||
| AT-LARGE APP | 0.25 | Yes (X) | $0 | $0 | $0 | |
| SUSAN HANS | ||||||
| CHAIR | 4.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| DAVID PUSTI | ||||||
| TREASURER | 3.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| TRACY WHEELER | ||||||
| SUPERINTENDE | 0.25 | Yes (X) | $0 | $0 | $0 | |
| JILL HERRICK | ||||||
| AT-LARGE APP | 0.25 | Yes (X) | $0 | $0 | $0 | |
| ANN JASKIE | ||||||
| OAPSE APPOIN | 0.25 | Yes (X) | $0 | $0 | $0 | |
| BRIAN KESSLER | ||||||
| BFT APPOINTE | 0.25 | Yes (X) | $0 | $0 | $0 | |
| LEROY MCCREARY | ||||||
| AT-LARGE APP | 0.25 | Yes (X) | $0 | $0 | $0 | |
| ANN OVER | ||||||
| AT-LARGE APP | 0.25 | Yes (X) | $0 | $0 | $0 | |
| SUSAN SCHEUTZOW | ||||||
| MIDDLEBG HTS | 0.25 | Yes (X) | $0 | $0 | $0 | |
| TRACY SCHNEID | ||||||
| BASA APPOINT | 0.25 | Yes (X) | $0 | $0 | $0 | |
| LAURIE SCIVEN | ||||||
| VICE CHAIR | 3.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| CONSOLINA TEMPLEMAN | ||||||
| BEREA HS APP | 0.25 | Yes (X) | $0 | $0 | $0 | |
| DANIEL KARP | ||||||
| BWU APPOINTE | 0.25 | Yes (X) | $0 | $0 | $0 | |
| WILLIAM YOUNG | ||||||
| SW GEN HOS A | 0.25 | Yes (X) | $0 | $0 | $0 | |
| CORI FARRIS | ||||||
| BOARD EDU AP | 0.25 | Yes (X) | $0 | $0 | $0 | |
| IRENE JOYCE | ||||||
| SECRETARY | 2.00 | $0 | $0 | $0 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $25,000 | TotalReportableCompFromOrgAmt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| All Other Contributions | $57,282 | AllOtherContributionsAmt |
| Total Contributions | $57,282 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $36,645 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $36,645 | RelatedOrExemptFuncIncomeAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $845,416 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $773,297 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $72,119 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $72,119 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $72,119 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $80,482 | FundraisingGrossIncomeAmt |
| Fundraising Direct Expenses | $19,646 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $60,836 | TotalRevenueColumnAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $226,882 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $108,764 | RelatedOrExemptFuncIncomeAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $52,125 | TotalAmt |
| Program Services | $52,125 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $42,648 | TotalAmt |
| Program Services | $42,648 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,000 | TotalAmt |
| Program Services | $10,000 | ProgramServicesAmt |
| Management And General | $5,000 | ManagementAndGeneralAmt |
| Fundraising | $10,000 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,093 | TotalAmt |
| Program Services | $837 | ProgramServicesAmt |
| Management And General | $419 | ManagementAndGeneralAmt |
| Fundraising | $837 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,650 | TotalAmt |
| Program Services | $1,060 | ProgramServicesAmt |
| Management And General | $530 | ManagementAndGeneralAmt |
| Fundraising | $1,060 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,715 | TotalAmt |
| Program Services | $10,971 | ProgramServicesAmt |
| Management And General | $1,372 | ManagementAndGeneralAmt |
| Fundraising | $1,372 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $45 | TotalAmt |
| Program Services | $45 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $762 | TotalAmt |
| Program Services | $152 | ProgramServicesAmt |
| Management And General | $305 | ManagementAndGeneralAmt |
| Fundraising | $305 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,868 | TotalAmt |
| Program Services | $59 | ProgramServicesAmt |
| Management And General | $391 | ManagementAndGeneralAmt |
| Fundraising | $2,418 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,057 | TotalAmt |
| Management And General | $1,057 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | STATE FILING FEE | Desc |
| Total | $200 | TotalAmt |
| Management And General | $200 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $143,163 | TotalAmt |
| Program Services | $117,897 | ProgramServicesAmt |
| Management And General | $9,274 | ManagementAndGeneralAmt |
| Fundraising | $15,992 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $73,660 | BOYAmt |
| EOY | $61,981 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,785 | BOYAmt |
| EOY | $24,258 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,255,050 | BOYAmt |
| EOY | $1,284,581 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,335,495 | BOYAmt |
| EOY | $1,370,820 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,914 | BOYAmt |
| EOY | $56,110 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $198,625 | BOYAmt |
| EOY | $205,502 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,092,956 | BOYAmt |
| EOY | $1,109,208 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,335,495 | BOYAmt |
| EOY | $1,370,820 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,335,495 | BOYAmt |
| EOY | $1,370,820 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $83,719 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$48,394 | NetUnrlzdGainsLossesInvstAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | false | FSAuditedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $29,669 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $20,609 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $102,716 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $83,277 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $87,279 | CurrentTaxYearAmt |
| Total | $323,550 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $29,669 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $20,609 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $102,716 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $83,277 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $87,279 | CurrentTaxYearAmt |
| Total | $323,550 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $323,550 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $30,984 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $26,715 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $50,685 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $68,357 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $36,645 | CurrentTaxYearAmt |
| Total | $213,386 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $536,936 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $163,866 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.60260 | PublicSupportCY170Pct |
| Public Support PY170 | 0.60430 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | ANNUAL AUCTION | Event1Nm |
| Gross Receipts Event1 | $63,156 | GrossReceiptsEvent1Amt |
| Gross Revenue Event1 | $63,156 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $12,486 | OtherDirectExpensesEvent1Amt |
| Event2 | CAR RAFFLE | Event2Nm |
| Gross Receipts Event2 | $17,326 | GrossReceiptsEvent2Amt |
| Gross Revenue Event2 | $17,326 | GrossRevenueEvent2Amt |
| Other Direct Expenses Event2 | $7,160 | OtherDirectExpensesEvent2Amt |
| Gross Receipts Total | $80,482 | GrossReceiptsTotalAmt |
| Gross Revenue Total Events | $80,482 | GrossRevenueTotalEventsAmt |
| Oth Direct Expnss Total Events | $19,646 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $19,646 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $60,836 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BEREA CITY SCHOOL DISTRICT | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 390 FAIR STREET | AddressLine1Txt |
| City | BEREA | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44017 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 346000245 | RecipientEIN |
| IRC Section | GOV | IRCSectionDesc |
| Cash Grant | $52,125 | CashGrantAmt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS TO STUDENTS | GrantTypeTxt |
| Recipient | 36 | RecipientCnt |
| Cash Grant | $42,648 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE I, PAGE 1, PART I, LINE 2 | THE EDUCATION FOUNDATION MONITORS THE USE OF GRANT FUNDS BY DIRECT OBSERVATION OF ACTIVITIES AND RESULTS, REVIEW OF REPORTS PREPARED BY GRANT RECIPIENTS, AND REQUESTS COPIES OF INVOICES FOR DISBURSEMENTS TO THIRD PARTIES BY GRANT RECIPIENTS. |
| SCHEDULE I, PAGE 4, PART IV | PART II, LINE 1, COLUMN H - PURPOSE OF GRANT OR ASSISTANCE COCURRICULAR ACTIVITIES NOT FUNDED BY THE BUDGET OF THE BEREA CITY SCHOOL DISTRICT |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | THE EDUCATION FOUNDATION IS COMMITTED TO PROVIDING EDUCATIONAL OPPORTUNITIES FOR STUDENTS SERVED BY THE BEREA CITY SCHOOL DISTRICT. DISBURSEMENTS BY THE EDUCATION FOUNDATION ARE MADE TO SCHOOLS IN THE DISTRICT FOR EDUCATIONAL PROJECT GRANTS REQUESTS SUBMITTED BY TEACHERS, STAFF, AND STUDENTS AND TO STUDENTS OF THE DISTRICT FOR COLLEGE AND OTHER SCHOLARSHIPS. |
| FORM 990, PAGE 2, PART III, LINE 4D | THE EDUCATION FOUNDATION MADE GRANTS TO SCHOOLS IN THE BEREA CITY SCHOOL DISTRICT FOR 25 EDUCATIONAL PROJECTS SUBMITTED BY TEACHERS, STAFF AND STUDENTS. THE EDUCATION FOUNDATION AWARDED COLLEGE SCHOLARSHIPS TO 36 SENIOR HIGH SCHOOL STUDENTS GRADUATING FROM BEREA - MIDPARK HIGH SCHOOL. |
| FORM 990, PAGE 6, PART VI, LINE 7A | THE BYLAWS OF THE FOUNDATION PROVIDE THAT FOURTEEN SPECIFIED NOT-FOR-PROFIT ORGANIZATIONS IN THE BEREA CITY SCHOOL DISTRICT, EACH SELECT ONE TRUSTEE OF THE FOUNDATION. |
| FORM 990, PAGE 6, PART VI, LINE 11B | AN ELECTRONIC COPY OF THE FORM 990 AND REQUIRED SCHEDULES ARE PROVIDED TO THE CHAIR, TREASURER AND EXECUTIVE DIRECTOR OF THE FOUNDATION FOR REVIEW AND APPROVAL PRIOR TO FILING WITH THE IRS. |
| FORM 990, PAGE 6, PART VI, LINE 12C | ANNUALLY, EACH TRUSTEE OF THE EDUCATION FOUNDATION IS REQUIRED TO READ AND ACKNOWLEDGE THE CONFLICT OF INTEREST POLICY. BASED ON THE MATTERS DESCRIBED IN THE POLICY, EACH TRUSTEE COMPLETES AND SIGNS A CONFLICT OF INTEREST STATEMENT THAT IS REVIEWED BY THE CHAIR OF THE FOUNDATION WHO MONITORS COMPLIANCE WITH THE POLICY. |
| FORM 990, PAGE 6, PART VI, LINE 19 | GOVERING DOCUMENTS, FINANCIAL STATEMENTS AND COPIES OF THE 990 ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
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