Twin Valley Community Educationfoundation
- Assets
- $225.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Elverson, PA
- Founding
- 02/2008
- Data as of
- 12/2021
- EIN
- 20-5574338
Organization Overview
Twin Valley Community Educationfoundation is located in Elverson, PA. The organization was established in 2008. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Twin Valley Community Educationfoundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Twin Valley Community Educationfoundation generated $81.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.7% each year. All expenses for the organization totaled $75.5k during the year ending 12/2021. While expenses have increased by 2.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION FURTHERS EDUCATION THROUGH THE ISSUANCE OF SCHOLARSHIPS TO GRADUATING SENIORS TO DEFRAY THE COST OF HIGHER EDUCATION. THE ORGANIZATION ALSO OFFERS VARIOUS EDUCATIONAL AND VOCATIONAL PROGRAMS FOR BOTH CHILDREN AND ADULTS IN THE COMMUNITY AND PROVIDES FUNDING FOR VARIOUS EDUCATIONAL ENRICHMENT OPPORTUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lynn Weller Executive Di | 10 | $13,349 | |
Pamela Shupp Menet President | 1 | $0 | |
Tara Altman Vice Preside | 1 | $0 | |
Tom Legel Treasurer | 3 | $0 | |
Kelly Edwards Board Member | 0.5 | $0 | |
Lewis Gable Board Member | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $77,897 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $206 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $3,458 |
| Other Revenue | $0 |
| Total Revenue | $81,561 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $13,349 |
| Professional fees and other payments to independent contractors | $11,501 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $13,515 |
| Total expenses | $75,509 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $174,985 |
| Other assets | $0 |
| Total assets | $224,985 |
| Total liabilities | $0 |
| Net assets or fund balances | $224,985 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Twin Valley Community Educationfoundation has recieved totaling $12,368.
| Awarding Organization | Amount |
|---|---|
Berks County Community Foundation Inc Reading, PA PURPOSE: Strategic Planning, program | $12,311 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $57 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Suny Impact Foundation Inc New York, NY | $1,805,430 | $8,847,404 |
Poughkeepsie Public School Teachers Asso Trust Fund Poughkeepsie, NY | $14,239,734 | $11,580,276 |
Elevate 215 Philadelphia, PA | $9,991,857 | $10,518,985 |
Battelle For Kids Hilliard, OH | $8,986,527 | $5,810,919 |
Meged Shomayim Airmont, NY | $573,750 | $8,461,954 |
Nli Usa Inc New York, NY | $11,341,396 | $10,639,057 |
Excellence Community Schools Inc Bronx, NY | $14,097,138 | $10,250,785 |
Futures In Education Brooklyn, NY | $11,663,497 | $8,970,011 |
National Center For Hebrew Language Charter School Excellence New York, NY | $4,301,333 | $7,260,290 |
Mastery Charter Schools Foundation Philadelphia, PA | $112,317,090 | $8,533,885 |
Research Collections And Preservation Consortium Inc Princeton, NJ | $56,454,726 | $4,069,858 |
National Automatic Sprinkler 669 Va Education Fund Columbia, MD | $15,668,623 | $8,120,660 |