Greencastle-Antrim Education Foundation
- Assets
- $833.9k
- Revenue
- $182.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Greencastle, PA
- Founding
- 06/1998
- Data as of
- 06/2024
- EIN
- 36-4491930
Organization Overview
Greencastle-Antrim Education Foundation is located in Greencastle, PA. The organization was established in 1998. According to its NTEE Classification (B90) the organization is classified as: Educational Services, 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. Greencastle-Antrim 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 06/2024, Greencastle-Antrim Education Foundation generated $182.5k 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 (4.0%) each year. All expenses for the organization totaled $85.2k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (3.1%) 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO FURTHER ACADEMIC EXCELLENCE AND INNOVATION TO THE RESIDENTS OF THE GREENCASTLE-ANTRIM AREA SCHOOL DISTRICT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE A LONG-TERM SUPPLEMENTAL FINANCIAL BASE FOR THE DISTRICT FOR THE PURPOSE OF CREATING AND PROVIDING PROGRAMS FOR STUDENTS TO BECOME LIFE LONG LEARNERS AND PRODUCTIVE CITIZENS.
TO PROVIDE A LONG-TERM SUPPLEMENTAL FINANCIAL BASE FOR THE DISTRICT FOR THE PURPOSE OF CREATING AND PROVIDING PROGRAMS FOR STUDENTS TO BECOME LIFE LONG LEARNERS AND PRODUCTIVE CITIZENS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vernon Mccauley President | OfficerTrustee | 6 | $0 |
John Mcdowell Vice President | OfficerTrustee | 5 | $0 |
Cynthia Marconi Treasurer | OfficerTrustee | 6 | $0 |
Cyndy Meals Secretary | OfficerTrustee | 5 | $0 |
Mary Matson Director | Trustee | 1 | $0 |
Lura Hanks Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $22,021 |
| All other contributions, gifts, grants, and similar amounts not included above | $88,736 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $110,757 |
| Total Program Service Revenue | $0 |
| Investment income | $30,749 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$7,110 |
| Net Income from Fundraising Events | $48,125 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $182,521 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $28,590 |
| Grants and other assistance to domestic individuals. | $22,364 |
| 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 | $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 | $9,066 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,346 |
| Fees for services: Other | $1,314 |
| Advertising and promotion | $1,499 |
| Office expenses | $2,145 |
| 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 | $7,444 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,827 |
| All other expenses | $5,561 |
| Total functional expenses | $85,156 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,651 |
| Savings and temporary cash investments | $128,503 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $80,000 |
| 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 | $0 |
| Investments—publicly traded securities | $623,713 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $833,867 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $10,677 |
| 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 | $68,348 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $79,025 |
| Net assets without donor restrictions | -$37,519 |
| Net assets with donor restrictions | $792,361 |
| 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 | $833,867 |
Grants Awarded
Over the last fiscal year, Greencastle-Antrim Education Foundation has awarded $592,853 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
GREENCASTLE-ANTRIM SCHOOL DISTRICT PURPOSE: PROGRAMS | $30,200 |
GREENCASTLE-ANTRIM SCHOOL DISTRICT PURPOSE: KALEY FIELD PROJECT | $562,653 |