Blanchester School Foundation EIN 20-1854938 Form 990 (PDF) Claim this org

Blanchester School Foundation

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Supports Blanchester Local School District with resources and programs. For fiscal year 2024 it reported $157K in revenue, $126K in expenses, and $1.4M in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Blanchester, OH
Filings
5 on file (2020–2024)
Revenue
$157KFY2024
Expenses
$126K
Net assets
$1.4M
People
10
Filings
5
Updates
0
More identity details & actions ⌄
EIN  20-1854938 Public charity (501(c)(3)) Blanchester, OH
Form 990 (PDF)
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Size
$100K–1M
What they do
Supports Blanchester Local School District with resources and programs.
Leadership
Tony Long · President
Money in and out
$157K revenue, $126K expenses
Bottom line
98% program efficiency
Where the money goes · FY2024
Total revenue
$157K
Pt VIII · Ln 12
Total expenses
$126K
Pt IX · Ln 25
Net assets
$1.4M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $31K
Where spending went · Part IX cols B–D
Program services $0.98 Management & general $0.02
Program efficiency
98%
of spending reaches programs+0.2% vs prior filing year
Operating runway
136.2mo
months of highly liquid reserves at operating expense rate▼ -44% vs prior filing year
Surplus margin
+20%
revenue over expenses, this year▲ +201% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$157K
FY2024▲ +113%
Expenses
$126K
FY2024▲ +83%
Total assets
$1.4M
FY2024▲ +2%
Total liabilities
$0
FY2024
Total revenue
$157K
Pt VIII · Ln 12
Total expenses
$126K
Pt IX · Ln 25
Net assets
$1.4M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$31K
Total assetsPt X · Ln 16$1.4M
Program-expense ratioPt IX · col B98%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBlanchester School Foundation
EINHdr · item D20-1854938
Principal addressHdr · item CBlanchester, OH
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B12)
Ruling yearIRS BMFDec 2013

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Vice-Preside
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A
Emeritus
$0Pt VII · Sec A
See Blanchester School Foundation executive salaries →

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Mission & Programs · Part III

Where the work happens

2 program services account for $124K of program spending, described in the organization's own filed words · FY2024.
01

Accepting and expending funds in support of cirricular and extracurricular activities, programs and facilities of the blanchester public school district.

$105Kprogram expense
02

To provide financial assistance to students and graduates of blanchester local school district to assist in their pursuit of post-secondary education.

$19Kprogram expense

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Statement of Revenue

Part VIII
Investment income$83K · 53%
Contributions & grants$74K · 47%
Investment income53%$83K
Contributions & grants47%$74K
Total revenueLn 12$157K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.98 Management & general $0.02
Program services98%$124K
Management & general2%$2K
Total functional expensesLn 25$126K

Balance Sheet

Part X · end of year
CashLn 1$761K
Total assetsLn 16$1.4M
Total liabilitiesLn 26$0
Total net assetsLn 32$1.4M
Months of cash on handcomputed72.3

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.4M · Operating expenses/yr $126K
136.2 months
Where the money goes
Program services
Program services $124K · Total expenses $126K
98%
Management & General
Management & general $2K · Total expenses $126K
2%
Fundraising
Fundraising $0 · Total expenses $126K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $61K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $74K · Total revenue $157K
47%
Government reliance
Government grants — · Total revenue $157K
Earned-income share
Program service revenue $0 · Total revenue $157K
0%
Investment reliance
Investment income $83K · Total revenue $157K
+53%
Program self-sufficiency
Program service revenue $0 · Total expenses $126K
0%
Growth & trend
Revenue growth (YoY)
This year $157K · Prior year $74K
+113%
Revenue CAGR
FY2020 $27K · FY2024 $157K
+55%
Net-asset trend (YoY)
End of year $1.4M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $157K · Expenses $126K
+20%
Liabilities-to-Assets
Total liabilities — · Total assets $1.4M
Net-asset ratio
Net assets $1.4M · Total assets $1.4M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $674K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.4M
47%
People & payroll
Highest Reported Total Compensation
Individual Tony Long · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $126K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $126K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 98%
Overhead ratio 2%
Fundraising cost ratio 0%
Revenue growth 113%
Accounting fee ratio 0.7%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$337
Grants paid · 38 grants · $206K · 2020–2024
Unitemized GrantFY2024$15,000
Makayla HarringtonFY2024$15,000
Bradley N BrownFY2024$10,000
Unitemized GrantFY2024$2,000
Unitemized GrantFY2024$2,000
Unitemized GrantFY2024$1,270
Unitemized GrantFY2024$1,000
Unitemized GrantFY2024$1,000
Unitemized GrantFY2024$975
Unitemized GrantFY2024$500
Unitemized GrantFY2024$500
Unitemized GrantFY2023$20,000
Eliana TacoronteFY2023$10,000
Unitemized GrantFY2023$2,000
Unitemized GrantFY2023$1,000
Unitemized GrantFY2023$1,000
Unitemized GrantFY2023$1,000
Unitemized GrantFY2023$750
See all 38 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$157K revenue · viewing · ⤓ 990 PDF
FY2023$74K revenue · ⤓ 990 PDF
FY2022$112K revenue · ⤓ 990 PDF
FY2021$128K revenue · ⤓ 990 PDF
FY2020$27K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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