Williamsport Area School District Education Foundation
- Assets
- $2.3m
- Revenue
- $394.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Williamsport, PA
- Founding
- 01/2005
- Data as of
- 06/2022
- EIN
- 35-2230335
Organization Overview
Williamsport Area School District Education Foundation is located in Williamsport, PA. The organization was established in 2005. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Williamsport Area School District Education 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 06/2022, Williamsport Area School District Education Foundation generated $394.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.8%) each year. All expenses for the organization totaled $284.5k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (11.0%) per year over the past 8 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
THE ORGANIZATION'S PRIMARY MISSIONS ARE TO (1) COLLECT, MANAGE AND DISBURSE FUNDS FOR STUDENT SCHOLARSHIP PROGRAMS AND (2) RAISE, MANAGE AND DISBURSE FUNDS FOR
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING THE FISCAL YEAR ENDED 6/30/2022, THE ORGANIZATION AWARDED 151 AWARDS, SCHOLARSHIPS AND PRIZES TO STUDENTS TOTALING $60,830.
DURING THE FISCAL YEAR ENDED 6/30/2022, THE ORGANIZATION GRANTED $166,461. TO THE WILLIAMSPORT AREA SCHOOL DISTRICT FOR EDUCATIONAL ENHANCEMENT PROJECTS AND CAPITAL IMPROVEMENTS. THIS INCLUDES FUNDING OF NEW PLAYGROUND, STADIUM SIGN AND SCOREBOARD REPLACEMENT, TRACK AND FIELD PROGRAM UPGRADES, FOOTBALL PROGRAM, CORN HOLE CLUB, MILLIONAIRE MAGIC PROGRAM, HYDROPONIC SYSTEM FOR SCIENCE DEPARTMENT, MICROPHONE SYSTEMS, TEACHER MINI-GRANTS FOR THE ART DEPARTMENT EXPANSION OF MINDFUL ARTS, SCORER'S TABLE FOR GYM, SPRING MUCICAL, SENSORY ROOM MATERIALS, 3D PRINTER, FIND YOUR ANCHOR SUICIDE PREVENTION KITS, WRESTLING PROGRAM, AND EMOTIONAL SUPPORT CLASSROOM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rose-Marie Gross Vice President | OfficerTrustee | 5 | $0 |
Audra Mazzante Director | Trustee | 5 | $0 |
Lynne Piotrowski Secretary | OfficerTrustee | 5 | $0 |
Wanda Erb Treasurer | OfficerTrustee | 5 | $0 |
Gregory L Hayes Jr Executive Director | Trustee | 40 | $0 |
Ed Barone Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $211,729 |
| Investment income | $100,715 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $65,658 |
| Net Income from Fundraising Events | $16,785 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $394,887 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $60,830 |
| 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 to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $485 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $21,910 |
| Fees for services: Other | $0 |
| Advertising and promotion | $11,529 |
| Office expenses | $1,704 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $284,526 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $300,627 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 |
| Investments—publicly traded securities | $2,026,667 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,327,294 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $2,327,294 |
| Total liabilities and net assets/fund balances | $2,327,294 |