Keystone Community Education Council
- Assets
- $244.0k
- Revenue
- $413.6k
- Investments
- $0.0
- Employees
- 5
- Location
- Oil City, PA
- Founding
- 04/1993
- Data as of
- 06/2022
- EIN
- 25-1689930
Organization Overview
Keystone Community Education Council is located in Oil City, PA. The organization was established in 1993. According to its NTEE Classification (B01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Education and related organizations. As of 06/2022, Keystone Community Education Council employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Keystone Community Education Council 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 06/2022, Keystone Community Education Council generated $413.6k in total revenue. The organization has seen a slow decline revenue. Over the past 2 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $359.6k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (5.8%) per year over the past 2 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
IDENTIFY IMPLEMENT AND OVERSEE NEW ANDOR INNOVATIVE EFFORTS OF PROVIDING POSTSECONDARY EDUCATION EMPLOYMENT TRAINING OPPORTUNITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION ENROLLED NUMEROUS STUDENTS FROM CLARION, MERCER AND VENANGO COUNTIES AND THE SURROUNDING AREA IN VARIOUS POSTSECONDARY EDUCATION AND TRAINING OFFERINGS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lance J Hummer Executive Director | Officer | 40 | $65,648 |
Jodi Lewis Chairperson | Officer | 5 | $0 |
Emily Altomare Secretarytreasurer | Officer | 5 | $0 |
Earl Lytle Director | Trustee | 2 | $0 |
Mary J Gavin Director | Trustee | 2 | $0 |
Natalie Yates Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $401,731 |
| All other contributions, gifts, grants, and similar amounts not included above | $11,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $412,731 |
| Total Program Service Revenue | $874 |
| Investment income | $9 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $413,614 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $63,216 |
| Compensation of current officers, directors, key employees. | $31,608 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $97,376 |
| Pension plan accruals and contributions | $4,608 |
| Other employee benefits | $47,343 |
| Payroll taxes | $14,031 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,660 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,870 |
| Advertising and promotion | $19,144 |
| Office expenses | $6,184 |
| Information technology | $8,956 |
| Royalties | $0 |
| Occupancy | $33,438 |
| Travel | $4,790 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $375 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,768 |
| Insurance | $3,008 |
| All other expenses | $0 |
| Total functional expenses | $359,600 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $109,798 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $34,480 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $99,758 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $244,036 |
| Accounts payable and accrued expenses | $20,627 |
| 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 | $0 |
| Total liabilities | $20,627 |
| Net assets without donor restrictions | $223,409 |
| Net assets with donor restrictions | $0 |
| 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 | $244,036 |