Teays Valley Educational Foundation FY2020 filing

Tax-deductible

Ashville, OH501(c)(3)EducationEIN 20-8690166Revenue $274K in FY2020

On file with the IRStvsd.us/educational_foundationPo Box 146, 43103-0146 · Ashville, OHTax-exempt since Jul 2008Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

To support the development and implementaion of school improvement initiatives, model programs, award grants and scholarships, and leverage community resources to support, strengthen, and improve public education in the Teays Valley local schools.

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $6K a year · 2% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
13 mo
of spending, in cash
Looks good: 13.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $187K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$5K
1% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$274K
Spent
$340K
To programs
100%
Net assets
$377K
By yearFY2020–FY2025
Revenue
$274K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$274K
FY2021$266K
FY2022$289K
FY2023$284K
FY2024$336K
FY2025$339K
Expenses
$340K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$340K
FY2021$286K
FY2022$291K
FY2023$270K
FY2024$270K
FY2025$293K
Net assets
$377K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$377K
FY2021$411K
FY2022$396K
FY2023$438K
FY2024$505K
FY2025$693K

From the FY2020 Form 990 (year ending June 2020) · see the original

Give Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 2008.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $340K

Form 990 Part IX, line 25. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

16 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Ex Officio
$0Pt VII · Sec A
$0Pt VII · Sec A
Ex Officio
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Ex Officio
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Bd of Educ R
$0Pt VII · Sec A
See Teays Valley Educational Foundation executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Improves public education by funding initiatives, programs, grants, and scholarships.

Questions for Teays Valley Educational Foundation

Tap to ask. Teays Valley Educational Foundation sees how many people are interested.

Your first name shows with your question. Teays Valley Educational Foundation answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

2 programs · $340K · in their own filed words · FY2019
01

To provide endowed and administered scholarships for seniors. The organization also holds a recognition dinner for the top ten seniors each year.

$256Kprogram expense
02

To provide classroom grants awarded to teachers, staff and students for enrichment and to support the curriculum.

$83Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$187K
Grants paid · 12 grants · $1.7M · 2019–2024
Unitemized GrantFY2024$209,100
Individual RecipientFY2024$80,903
Unitemized GrantFY2023$204,500
Tvlsd - Various Classroom GrantsFY2023$61,820
Unitemized GrantFY2022$201,500
Tvlsd - Various Classroom GrantsFY2022$65,660
Unitemized GrantFY2021$218,900
Individual RecipientFY2021$68,855
Unitemized GrantFY2020$232,902
Individual RecipientFY2020$50,470
Unitemized GrantFY2019$255,400
Individual RecipientFY2019$82,291

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$274K
Ln 12
Gifts and grantsLn 1h$269K
Other incomeLn 4–11$3K
Investment incomeLn 3$2K
Money outPt IX
$340K
Ln 25
Programscol B$340K
Owns and owesPt X
$377K
net assets · Ln 32
Cash and savingsLn 1–2$378K
Total assetsLn 16$382K
LiabilitiesLn 26$5K
PeoplePt VI, VII
16
listed · VII A
PaidVII A0
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$269K
Noncash giftsLn 1g$31K
Fundraising eventsLn 1c$72K
Investment incomeLn 3$2K
Other incomeLn 4–11$3K
Total revenueLn 12$274K
Assets in detailPt X, end of year
CashLn 1$378K
Cash and savings togetherLn 1–2$378K
Total assetsLn 16$382K
LiabilitiesLn 26$5K
Net assetsLn 32$377K
OperationsPt I, VI
EmployeesI 50
VolunteersI 615
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$395K$378K
Total assetsLn 16$443K$382K
LiabilitiesLn 26$0$5K
Net assetsLn 32$443K$377K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$82K$82K
Grants to domestic individualsLn 2$255K$255K
Accounting feesLn 11c$425$425
Office expensesLn 13$106$106
InsuranceLn 23$942$942
Other expenses (24a–d)Ln 24$350$350
Total functional expensesLn 25$340K$340K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $339K$293K$46K$693K 990 PDF
FY2024 $336K$270K$66K$505K 990 PDF
FY2023 $284K$270K$14K$438K 990 PDF
FY2022 $289K$291K−$2K$396K 990 PDF
FY2021 $266K$286K−$20K$411K 990 PDF
FY2020 Viewing $274K$340K−$66K$377K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $273,997 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $326,680$268,577
I-9 Program service revenue$0
I-10 Investment incomePrior year $3,002$1,953
I-11 Other revenuePrior year $8,892$3,467
I-12 Total revenuePrior year $338,574$273,997
I-13 Grants and similar amounts paidPrior year $648,855$337,691
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $6,740$1,823
I-18 Total expensesPrior year $655,595$339,514
I-19 Revenue less expensesPrior year −$317,021−$65,517
Part VI · Governance 11 of 11 board members independent, 2 to look at
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
VI-13 Written whistleblower policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $273,997 across 7 lines filed
VIII-1c Fundraising events$72,195
VIII-1f All other contributions, gifts and grants$196,382
VIII-1g Noncash contributions (included above)$31,340
VIII-1h Total contributions, gifts and grants$268,577
VIII-3 Investment incomeExcluded from tax $1,953$1,953
VIII-8 Net income from fundraising events$3,467
VIII-12 Total revenueExcluded from tax $1,953$273,997
Part IX · Statement of functional expenses $339,514 across 6 lines filed
IX-1 Grants to domestic organizationsPrograms $82,291$82,291
IX-2 Grants to domestic individualsPrograms $255,400$255,400
IX-11c Accounting feesPrograms $425$425
IX-13 Office expensesPrograms $106$106
IX-23 InsurancePrograms $942$942
IX-24 Other expenses (24a–d)Programs $350$350
IX-25 Total functional expensesPrograms $339,514 · Management $0 · Fundraising $0$339,514
Part X · Balance sheet $381,766 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $395,262$378,485
X-9 Prepaid expenses and deferred chargesStart of year $1,244$3,281
X-16 Total assetsStart of year $442,606$381,766
X-17 Accounts payable and accrued expenses$4,677
X-26 Total liabilitiesStart of year $0$4,677
X-27 Net assets without donor restrictionsStart of year $442,606$377,089
X-32 Total net assets or fund balancesStart of year $442,606$377,089
X-33 Total liabilities and net assetsStart of year $442,606$381,766
Part XI · Reconciliation of net assets $377,089 net assets at year end
XI-1 Total revenue$273,997
XI-2 Total expenses$339,514
XI-3 Revenue less expenses−$65,517
XI-4 Net assets at start of year$442,606
XI-10 Net assets at end of year$377,089

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.