North Penn School District Educational Foundation
- Assets
- $482.5k
- Revenue
- $318.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Lansdale, PA
- Founding
- 01/1989
- Data as of
- 06/2023
- EIN
- 23-2522368
Organization Overview
North Penn School District Educational Foundation is located in Lansdale, PA. The organization was established in 1989. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, 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. North Penn School District Educational 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 06/2023, North Penn School District Educational Foundation generated $318.9k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 18.8% each year . All expenses for the organization totaled $259.0k during the year ending 06/2023. While expenses have increased by 20.9% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO MOTIVATE & INSPIRE STUDENTS & STAFF OF NPSD THROUGH INNOVATIVE PROJECTS & OPPORTUNITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION IS COMMITTED TO ENRICHING THE EDUCATION AND LIVES OF MORE THAN 13,000 STUDENTS IN THE NORTH PENN SCHOOL DISTRICT'S (NPSD) 18 SCHOOLS. THE FOUNDATION PROVIDES GRANTS TO NPSD EDUCATORS TO SUPPORT AND COMPLEMENT THEIR SUBJECT AREA'S CURRICULUM AND CREATE INNOVATIVE STUDENT ENGAGEMENT WHICH LEADS TO IMPROVED LEARNING AND COMPREHENSION. THE VARIETY OF GRANTS COVER EVERY CORE CURRICULUM AREA AND DOZENS OF DIVERSE, SPECIALIZED AREAS OF EDUCATIONAL ENRICHMENT. GRANTS FROM THE FOUNDATION PROVIDE CLASSROOM EQUIPMENT, FIELD TRIPS, PROJECT MATERIALS, PROGRAM SOFTWARE, GUEST SPEAKERS AND MORE. SEE ADDITIONAL INFORMATION ON SCHEDULE O. IN FY 2022-2023, HIGHLIGHTS INCLUDE A GRANT TO PROVIDE FIVE CAREER EXPLORATION VIRTUAL REALITY HEADSETS FOR STUDENTS AT NORTH PENN HIGH SCHOOL. THE CUTTING-EDGE TECHNOLOGY PROVIDES EXCITING, VIRTUAL OPPORTUNITIES FOR STUDENTS TO EXPLORE DIFFERENT CAREER OPTIONS. THE PROGRAM IS DESIGNED TO ENGAGE TRADITIONALLY UNDER-REPRESENTED STUDENTS IN LEARNING ABOUT CAREER PATHS IN NUMEROUS FIELDS. THE HEADSETS PROVIDE A VIRTUAL REALITY EXPERIENCE OF A "DAY IN THE LIFE" OF DIFFERENT PROFESSIONALS TO EXPERIENCE WHAT A FUTURE CAREER COULD BE LIKE. OTHER HIGHLIGHTS INCLUDE SUPPORTING THE READING IS FUNDAMENTAL PROGRAM AT THE ELEMENTARY SCHOOL LEVEL WHICH INCLUDES A DISTRICT-WIDE PLAY FOR ALL FIRST GRADERS TO CELEBRATE THE IMPORTANCE OF READING IN A FUN AND INTERACTIVE WAY, OTHER YEAR-LONG ACTIVITIES TO SUPPORT LITERACY, AND THREE BOOK DISTRIBUTIONS WHEN STUDENTS CHOOSE A BOOK TO TAKE HOME TO THEIR PERSONAL LIBRARIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marion Hoffman Fraley President | OfficerTrustee | 2 | $0 |
Morgan Cooper Vice President Through Aug 2022 | OfficerTrustee | 2 | $0 |
Don Lyons Vice President As Of Feb 2023 | OfficerTrustee | 2 | $0 |
Jack Hoy Treasurer | OfficerTrustee | 1 | $0 |
Christine Liberaski Executive Director & Secretary | OfficerTrustee | 20 | $0 |
Sean Devlin Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $304,169 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $304,169 |
| Total Program Service Revenue | $0 |
| Investment income | $8,830 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $5,902 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $318,901 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $146,471 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $35,318 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,948 |
| Fees for services: Other | $26,735 |
| Advertising and promotion | $0 |
| Office expenses | $7,407 |
| Information technology | $8,489 |
| 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 | $258,967 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $91,296 |
| Savings and temporary cash investments | $69,796 |
| 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 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $321,435 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $482,527 |
| 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 | $297,473 |
| Net assets with donor restrictions | $185,054 |
| 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 | $482,527 |