Bellefonte Education Foundation

Nonprofit profile at a glance

EIN
251716626
IRS 990-EZ coverage
2013–2024
Forms available
Form 990-EZ 2024, Form 990-N 2012
Location
Bellefonte, PA, USA
Phone
8143554814
Rating
83
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$37,240
Expenses
$23,910
Assets
$420,350
Liabilities
$102,238

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • TRACEY BENSON (PRESIDENT)
  • DAVID PROVAN (EXECUTIVE DIRECTOR)

People named in this filing

  • TRACEY BENSON (PRESIDENT)
  • KEN BEAN (TREASURER)
  • LESLIE ELDER (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The bellefonte foundation is a non-profit organization working to raise support to enhance the educational opportunities for the students and faculty in our educational community. The foundation is not working to supplant school district budgets, but works to provide a means by which the public, as a caring and interested community, can contribute financial support which will go directly to the advancement of programs they wish to support.

What it reported doing in 2024

Bellefonte foundation provides funds to enrich the student and faculty educational experience, expand classroom opportunities, enhance instructional material and complement at all times the efforts of classroom teachers, support staff and school administrators to provide students with an enriched base for broader visions and aspirations. The foundation awarded 217 scholarships during 2024.

Operating model

Revenue model
Donor-supported. 95% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 79
  • Transparency & Controls: 100
  • Sustainability: 76
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 65.9%; rating input score 66
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 35.8%; rating input score 85; 85th percentile among comparable filings
  • Total-asset coverage ratio: 17.58; rating input score 95; 95th percentile among comparable filings
  • Liabilities to assets ratio: 0.24; rating input score 13; 13th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -11.7% per year; rating input score 0; 25th percentile among comparable filings
  • Revenue growth: -9.4% per year; rating input score 0; 25th percentile among comparable filings
  • Asset growth: -0.7% per year; rating input score 0; 36th percentile among comparable filings

Details

  • Where the money goes: 65.9% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $24K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 11 filing years from 2013 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 13/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.