Wellsboro Area Educaton Foundation
- Assets
- $287.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wellsboro, PA
- Founding
- 09/2013
- Data as of
- 12/2021
- EIN
- 36-4748681
Organization Overview
Wellsboro Area Educaton Foundation is located in Wellsboro, PA. The organization was established in 2013. 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. Wellsboro Area Educaton 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 12/2021, Wellsboro Area Educaton Foundation generated $103.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (24.5%) each year. All expenses for the organization totaled $65.7k during the year ending 12/2021. 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
PROGRAMS TO SUPPORT STUDENTS OF THE WELLSBORO AREA SCHOOL DISTRICT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Glenn Poirier President | 1.5 | $0 | |
Amy Decamp Secretary | 0.5 | $0 | |
Brenda Freeman Director | 0.5 | $0 | |
Alan Garrison Vice Preside | 0.5 | $0 | |
F Craig West Director | 0.5 | $0 | |
Carl Chambers Treasurer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $93,368 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $6,766 |
| Gain or Loss | $3,179 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $103,313 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $8,228 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $754 |
| Total expenses | $65,689 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $287,476 |
| Other assets | $0 |
| Total assets | $287,476 |
| Total liabilities | $0 |
| Net assets or fund balances | $287,476 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Wellsboro Area Educaton Foundation has recieved totaling $63,709.
| Awarding Organization | Amount |
|---|---|
Earl W And Ina G Tabor Foundation Wellsboro, PA PURPOSE: CONSTRUCTION PROJECT | $35,000 |
David G Patterson Foundation Mansfield, PA PURPOSE: SOUND SHIELD | $7,000 |
Earl W And Ina G Tabor Foundation Wellsboro, PA PURPOSE: PURCHASEWRESTLING MATS | $6,500 |
Ernest L Sweet & Mildred Roberts Sweet Foundation Wellsboro, PA PURPOSE: STUDENT HOUSEPROJECT | $3,542 |
Charles Knox And Margaret C Etnerfoundation Wellsboro, PA PURPOSE: HOUSE PROJECT | $3,542 |
Earl W And Ina G Tabor Foundation Wellsboro, PA PURPOSE: STUDENT COUNCILSPEAKER FEES | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University At Albany Foundation Albany, NY | $129,210,800 | $17,198,773 |
Queens College Foundation Inc Flushing, NY | $103,882,868 | $13,972,395 |
Threefold Educational Foundation & School Chestnut Ridge, NY | $15,163,557 | $9,817,859 |
New Jersey Institute Of Technology Foundation Newark, NJ | $177,817,526 | $21,630,945 |
Global Community Charter School New York, NY | $4,753,919 | $12,397,044 |
Johns Hopkins University Retiree Medical Benefits Tr Baltimore, MD | $393,460,709 | $90,822,229 |
Doctors Center Management Corporation Oceanport, NJ | $41,567 | $8,892,194 |
English-Bonter-Mitchell Foundation Pittsburgh, PA | $150,419,755 | $42,613,149 |
Delaware State University Foundation Inc Dover, DE | $37,335,368 | $19,092,791 |
Friends Of Team Academy Charter School A New Jersey Non-Profit Org Newark, NJ | $241,241,974 | $11,734,420 |
University Of Maryland Medical System Foundation Inc Baltimore, MD | $91,803,907 | $14,920,300 |
Montclair State University Foundation Inc Montclair, NJ | $109,561,235 | $13,284,004 |