Allentown School District Foundation
- Assets
- $1.3m
- Revenue
- $701.5k
- Investments
- $0.0
- Employees
- 4
- Location
- Allentown, PA
- Founding
- 11/2009
- Data as of
- 06/2022
- EIN
- 27-0743152
Organization Overview
Allentown School District Foundation is located in Allentown, PA. The organization was established in 2009. According to its NTEE Classification (B19) the organization is classified as: Support N.E.C., under the broad grouping of Education and related organizations. As of 06/2022, Allentown School District Foundation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Allentown School District 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 06/2022, Allentown School District Foundation generated $701.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.7% each year. All expenses for the organization totaled $599.1k during the year ending 06/2022. While expenses have increased by 9.6% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE FOUNDATION IS TO ENCOURAGE, PROMOTE, SUPPORT, AND FUND POSITIVE EDUCATIONAL EXPERIENCES FOR STUDENTS IN THE ALLENTOWN SCHOOL DISTRICT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WITH A VISION FOR ENRICHED EDUCATION, THE ASD FOUNDATION ENCOURAGES, PROMOTES AND SUPPORTS POSITIVE EDUCATIONAL EXPERIENCES FOR STUDENTS IN THE ALLENTOWN SCHOOL DISTRICT. THE FOUNDATIONS VOLUNTEER BOARD OF DIRECTORS SEEKS INDIVIDUAL CONTRIBUTIONS, FOUNDATION GRANTS, CONDUIT GIFTS, AND OTHER FUNDING SUCH AS EITC CORPORATE CONTRIBUTIONS FOR PROGRAMS THAT PROMOTE EXCELLENCE WHILE RECOGNIZING THE ACCOMPLISHMENTS OF ALLENTOWNS 16000 STUDENTS AND 2100 EMPLOYEES. IN THE 2021-2022 SCHOOL YEAR, CONDUIT GIFTS WERE USED TO SUPPORT THE CENTURY PROMISE AND MIDDLE SCHOOL TRANSFORMATION INITIATIVES, DIERUFF HIGH SCHOOL DHS KISKA AND TROIKA BANQUETS, DHS STAGE LIGHTING, MARUSHAK OUTDOOR CLASSROOM, DHS BASKETBALL, DHS AND WILLIAM ALLEN HS WAHS WEIGHT ROOM RENOVATIONS, WAHS SOCCER, WAHS ALUMNI ASSOCIATION WEBSITE, LEARNING DOME MUHLENBERG ELEMENTARY PLAYGROUND, UNIFORMS AND GIFT CARDS FOR STUDENTS EXPERIENCING HOMELESSNESS, RBI BASEBALL PROGRAM, AND THE UNION TERRACE ELEMENTARY SCHOOL FIRE ASSISTANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Ambrose Executive Director | Officer | 40 | $52,885 |
Joshua P Dodd Treasurer | Officer | 4 | $0 |
Daniel Bosket President | Officer | 4 | $0 |
Angela Nolan Vice-President | Officer | 4 | $0 |
Maria Tjeltveit Secretary | Officer | 4 | $0 |
John Stanford Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $21,150 |
| All other contributions, gifts, grants, and similar amounts not included above | $565,430 |
| Noncash contributions included in lines 1a–1f | $31,350 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $586,580 |
| Total Program Service Revenue | $0 |
| Investment income | $25,177 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $89,766 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $701,523 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $189,421 |
| Grants and other assistance to domestic individuals. | $174,668 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $56,015 |
| Compensation of current officers, directors, key employees. | $26,425 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $46,632 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,047 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,240 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $43,280 |
| Advertising and promotion | $0 |
| Office expenses | $1,371 |
| Information technology | $9,290 |
| Royalties | $0 |
| Occupancy | $1,479 |
| Travel | $1,844 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,829 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,504 |
| All other expenses | $1,600 |
| Total functional expenses | $599,119 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $749,629 |
| Pledges and grants receivable | $5,540 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $495,455 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,250,624 |
| Accounts payable and accrued expenses | $5,580 |
| 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 | $5,580 |
| Net assets without donor restrictions | $858,581 |
| Net assets with donor restrictions | $386,463 |
| 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 | $1,250,624 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Allentown School District Foundation has recieved totaling $105,181.
| Awarding Organization | Amount |
|---|---|
Harry C Trexler Estate Allentown, PA PURPOSE: TO UNDERWRITE THE INSTALLATION OF A THEATRE LIGHTING SYSTEM AT DIERUFF HIGH SCHOOL. | $40,000 |
United Way Of The Greater Lehigh Valley Allentown, PA PURPOSE: DONOR DESIGNATED FOR GENERAL SUPPORT | $21,579 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $21,457 |
Jane E Fisher Charitable Tr - Foundation Allentown, PA PURPOSE: LIBRARY LITERACY PROGRAMS | $8,000 |
Butz Family Foundation Allentown, PA PURPOSE: ASSIST IN ACHIEVING ITS MISSION | $7,750 |
Century Fund Trust Allentown, PA PURPOSE: CHARITABLE | $5,000 |
Endowment Analysis
| Beg. Balance | $552,972 |
| Earnings | -$86,976 |
| Net Contributions | $53,800 |
| Other Expense | $24,341 |
| Ending Balance | $495,455 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ccres Downingtown, PA | $11,140,030 | $33,857,794 |
Lincoln Learning Solutions Inc Rochester, PA | $70,095,014 | $24,122,252 |
New Visions For Public Schools Inc New York, NY | $79,613,761 | $33,356,068 |
Naf New York, NY | $28,094,768 | $18,819,868 |
Zearn Inc New York, NY | $36,079,361 | $33,394,711 |
Sruf Campus Housing Inc Slippery Rock, PA | $97,548,572 | $13,162,119 |
Euclid Avenue Development Corporation Cleveland, OH | $92,407,891 | $9,458,468 |
United Community Schools Inc New York, NY | $17,599,679 | $9,226,471 |
College Achieve Public Charter Schools Inc Tinton Falls, NJ | $2,920,283 | $10,421,988 |
Friends Of Hellenic Classical Charter Schools Inc Brooklyn, NY | $82,915,888 | $678,941 |
Student Achievement Partners Inc New York, NY | $8,247,794 | $7,455,301 |
Csdc Facilities Corporation Hanover, MD | $43,951,626 | $6,090,721 |