Thaddeus Stevens Foundation is located in Lancaster, PA. The organization was established in 1990. According to its NTEE Classification (B84) the organization is classified as: Alumni Associations, 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. Thaddeus Stevens Foundation 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 06/2024, Thaddeus Stevens Foundation generated $2.3m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $1.9m during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT THADDEUS STEVENS COLLEGE OF TECHNOLOGY
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORTED THADDEUS STEVENS COLLEGE OF TECHNOLOGY IN VARIOUS WAYS THROUGH DONATIONS, FUNDING AND AWARDS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Scott Trower President | OfficerTrustee | 1 | $0 |
Megan Caldwell Secretary | OfficerTrustee | 1 | $0 |
Jeff Tankesley Treasurer | OfficerTrustee | 1 | $0 |
Peter Caddick Director | Trustee | 1 | $0 |
Dan Cicala Director | Trustee | 1 | $0 |
Bob Garrett Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $201,843 |
All other contributions, gifts, grants, and similar amounts not included above | $1,900,682 |
Noncash contributions included in lines 1a–1f | $974,834 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,102,525 |
Total Program Service Revenue | $0 |
Investment income | $180,192 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $5,651 |
Net Gain/Loss on Asset Sales | -$33,111 |
Net Income from Fundraising Events | $14,099 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $7,217 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,341,093 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $1,114,960 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $57,451 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $806 |
Payroll taxes | $7,970 |
Fees for services: Management | $0 |
Fees for services: Legal | $32,183 |
Fees for services: Accounting | $111,512 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $66,822 |
Fees for services: Other | $75,742 |
Advertising and promotion | $15,328 |
Office expenses | $36,644 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $5,416 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $12,558 |
Insurance | $14,969 |
All other expenses | $0 |
Total functional expenses | $1,866,337 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $1,404,662 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,155,988 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $1,844,915 |
Prepaid expenses and deferred charges | $9,614 |
Net Land, buildings, and equipment | $259,912 |
Investments—publicly traded securities | $0 |
Investments—other securities | $5,785,221 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $10,460,312 |
Accounts payable and accrued expenses | $353,692 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $60,690 |
Total liabilities | $414,382 |
Net assets without donor restrictions | $3,292,324 |
Net assets with donor restrictions | $6,753,606 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $10,460,312 |