Waynesboro Area Business Education And Community Foundation
- Assets
- $90.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Waynesboro, PA
- Founding
- 05/1992
- Data as of
- 06/2024
- EIN
- 23-2678530
Organization Overview
Waynesboro Area Business Education And Community Foundation is located in Waynesboro, PA. The organization was established in 1992. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., 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. Waynesboro Area Business Education And Community 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, Waynesboro Area Business Education And Community Foundation generated $71.3k 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 (12.7%) each year. All expenses for the organization totaled $56.1k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (25.4%) per year over the past 8 years. 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
2024
Describe the Organization's Program Activity:
Part 3
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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Klink Vice President | 1 | $0 | |
Randy Kuhn Director | 0 | $0 | |
Julia Mohn Treasurer | 1 | $0 | |
Chastity Wantz President | 1 | $0 | |
Deborah Forrester Secretarypres | 1 | $0 | |
Dr Rita Sterner-Hine Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $66,798 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,453 |
| Gain or Loss | $73 |
| Net Income from Gaming & Fundraising | $2,981 |
| Other Revenue | $0 |
| Total Revenue | $71,305 |
| 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 | $1,431 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $176 |
| Other expenses | $1,688 |
| Total expenses | $56,142 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $90,035 |
| Other assets | $0 |
| Total assets | $90,035 |
| Total liabilities | $0 |
| Net assets or fund balances | $90,035 |