Keystone Central Foundation EIN 23-2338225 Form 990 (PDF) Claim this org

Keystone Central Foundation FY2020 filing

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Funds scholarships and extracurricular activities for the Keystone Central School District. For fiscal year 2020 it reported $109K in revenue, $105K in expenses, and $1.2M in net assets.Pt I

Founded
1986
Type
Public charity (501(c)(3)) · Nonprofit
Location
Lock Haven, PA
Website
www.kcfoundation.net
Filings
6 on file (2020–2020)
Revenue
$109KFY2020
Expenses
$105K
Net assets
$1.2M
People
23
Filings
6
Updates
0
More identity details & actions ⌄
EIN  23-2338225 Public charity (501(c)(3)) Lock Haven, PA Founded 1986
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Funds scholarships and extracurricular activities for the Keystone Central School District.
Leadership
Melissa Bottorf · Executive Di · $27K
Money in and out
$109K revenue, $105K expenses
Bottom line
69% program efficiency
Where the money goes · FY2020
Total revenue
$109K
Pt VIII · Ln 12
Total expenses
$105K
Pt IX · Ln 25
Net assets
$1.2M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $4K
Where spending went · Part IX cols B–D
Program services $0.69 Management & general $0.24 Fundraising $0.07
Program efficiency
69%
of spending reaches programs
Operating runway
135.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
+4%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$109K
FY2020
Expenses
$105K
FY2020
Total assets
$1.2M
FY2020
Total liabilities
$6K
FY2020
Total revenue
$109K
Pt VIII · Ln 12
Total expenses
$105K
Pt IX · Ln 25
Net assets
$1.2M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$4K
Total assetsPt X · Ln 16$1.2M
Program-expense ratioPt IX · col B69%
Voting members of governing bodyPt I · Ln 323
Independent voting membersPt I · Ln 423
Mission & Programs · Part III

Where the work happens

3 program services account for $72K of program spending, described in the organization's own filed words · FY2020.
01

Keystone central foundation is organized to fund scholarships and extracurricular activities of the keystone central school district.

$55Kprogram expense
02

Keystone central foundation provides mini-grants to domestic organizations and funds various special projects within the keystone central school district.

$9Kprogram expense
03

Keystone central foundation receives pass-through contributions that are used to enhance the education and welfare of the students of the keystone central school district.

$8Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CKeystone Central Foundation
EINHdr · item D23-2338225
Principal addressHdr · item CLock Haven, PA
WebsiteHdr · item Jwww.kcfoundation.net
Year of formationHdr · item L1986
State of legal domicileHdr · item MPA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFJan 1988

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a23
Independent voting membersPt VI · Ln 1b23
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
Executive Di
$27,235Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Mini-Grant C
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Melissa Bottorf$26,230$21,557$24,840$20,603$20,735$27,235

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$73K · 67%
Investment income$21K · 19%
Other revenue$15K · 14%
Contributions & grants67%$73K
Investment income19%$21K
Other revenue14%$15K
Total revenueLn 12$109K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.69 Management & general $0.24 Fundraising $0.07
Program services69%$72K
Management & general24%$25K
Fundraising7%$8K
Total functional expensesLn 25$105K

Balance Sheet

Part X · end of year
CashLn 1$58K
Total assetsLn 16$1.2M
Total liabilitiesLn 26$6K
Total net assetsLn 32$1.2M
Months of cash on handcomputed6.7

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.2M · Operating expenses/yr $105K
135.9 months
Where the money goes
Program services
Program services $72K · Total expenses $105K
69%
Management & General
Management & general $25K · Total expenses $105K
24%
Fundraising
Fundraising $8K · Total expenses $105K
7%
Cost to raise $1
Fundraising expense $8K · Solicited contributions $73K
$0.11 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $73K · Total revenue $109K
67%
Government reliance
Government grants — · Total revenue $109K
Earned-income share
Program service revenue $0 · Total revenue $109K
0%
Investment reliance
Investment income $21K · Total revenue $109K
+19%
Program self-sufficiency
Program service revenue $0 · Total expenses $105K
0%
Growth & trend
Revenue growth (YoY)
This year $109K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $1.2M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $109K · Expenses $105K
+4%
Liabilities-to-Assets
Total liabilities — · Total assets $1.2M
Net-asset ratio
Net assets $1.2M · Total assets $1.2M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $1.1M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.2M
95%
People & payroll
Highest Reported Total Compensation
Individual Melissa Bottorf · Reported title EXECUTIVE DI · Highest reported compensation $27K · Total expenses $105K
26%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $30K · Total expenses $105K
28%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 69%
Overhead ratio 24%
Fundraising cost ratio 11%
Investment management fee ratio 0.9%
Accounting fee ratio 10%

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 · FY2024
Total grants receivedfrom 1 funder$9K
Grants paid · 6 grants · $439K · 2020–2025
Unitemized GrantFY2025$122,530
Unitemized GrantFY2024$76,149
Unitemized GrantFY2023$61,074
Unitemized GrantFY2022$60,619
Unitemized GrantFY2021$78,158
Unitemized GrantFY2020$40,444

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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
FY2025 (Latest)$319K revenue · ⤓ 990 PDF
FY2024$236K revenue · ⤓ 990 PDF
FY2023$383K revenue · ⤓ 990 PDF
FY2022$154K revenue · ⤓ 990 PDF
FY2021$256K revenue · ⤓ 990 PDF
FY2020$109K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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