Waynesboro Area Business Education and and Community Foundation

Nonprofit profile at a glance

EIN
232678530
IRS 990-EZ coverage
2017–2024
Forms available
Form 990 2016, Form 990-EZ 2024, Form 990-N 2012
Location
Waynesboro, PA, USA
Phone
7177652605
Rating
89
Verdict
STRONG
Rating confidence
Moderate
Sector
Education

Reported finances

Revenue
$71,819
Expenses
$65,522
Assets
$98,146

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

Leadership & pay

17 people listed

Executive titles in this filing

  • Deborah Forrester (President)
  • Ann Spottswood (Vice President)

People named in this filing

  • Mark Klink (Board Member)
  • Thomas Hoffman (Board Member)
  • Julia Mohn (Board Member)

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

Link Waynesboro businesses, schools and the community to improve education for all students.

What it reported doing in 2024

The mission and objective of the Waynesboro Area Business, Education, and Community Foundation is to encourage student achievement, promote the importance of graduating, encourage innovative classroom programs, support district and teacher efforts to create effective learning that help identify careers for students, provide a forum for educators and business leaders to share concerns and ideas about education, develop public awareness of educational needs and maintain the Amphitheater. To create well-rounded students who are intellectually and physically fit. To provide a new synthetic turf field and track for the Waynesboro area school students, staff and surrounding communities to be used for school sports programs, district activities and community events.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Grant intermediary. The nonprofit sent 97% of its reported program spending out as grants.

The verdict

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

Rating breakdown

  • Financial Efficiency: 92
  • Transparency & Controls: 100
  • Sustainability: 52
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 88.6%; rating input score 89
  • Program expense ratio: 97.1%; rating input score 97

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: 8.8%; rating input score 60; 60th percentile among comparable filings
  • Total-asset coverage ratio: 1.5; rating input score 58; 58th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -3.3% per year; rating input score 0; 39th percentile among comparable filings
  • Revenue growth: -11% per year; rating input score 0; 23rd percentile among comparable filings
  • Asset growth: -14.1% per year; rating input score 0; 13th percentile among comparable filings

Details

  • Where the money goes: 88.6% of revenue deployed · 97.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $64K in reported program spending
  • Leadership: top reported pay $0 · 17 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 6 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 1 filed related-organization link
  • 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.
  • Review — Sustainability: Total-asset coverage ratio scored 58/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.