Armstrong County Educational Trust EIN 25-6064784 Form 990 (PDF) Claim this org

Armstrong County Educational Trust

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Supports lifelong learners and strengthens the workforce through educational community partnerships. For fiscal year 2025 it reported $429K in revenue, $348K in expenses, and $920K in net assets.Pt I

Type
Public charity (501(c)(3)) · Nonprofit
Location
Ford City, PA
Website
www.armstrongcenter.org
Filings
6 on file (2020–2025)
Revenue
$429KFY2025
Expenses
$348K
Net assets
$920K
People
15
Filings
6
Updates
0
More identity details & actions ⌄
EIN  25-6064784 Public charity (501(c)(3)) Ford City, PA
Form 990 (PDF)
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Size
$100K–1M
What they do
Supports lifelong learners and strengthens the workforce through educational community partnerships.
Leadership
Justin Nolder · Executive Director · $64K
Money in and out
$429K revenue, $348K expenses
Bottom line
88% program efficiency
Where the money goes · FY2025
Total revenue
$429K
Pt VIII · Ln 12
Total expenses
$348K
Pt IX · Ln 25
Net assets
$920K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $80K
Where spending went · Part IX cols B–D
Program services $0.88 Management & general $0.12
Program efficiency
88%
of spending reaches programs▲ +7% vs prior filing year
Operating runway
28.6mo
months of highly liquid reserves at operating expense rate▼ -5% vs prior filing year
Surplus margin
+19%
revenue over expenses, this year▼ -13% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$429K
FY2025▲ +10%
Expenses
$348K
FY2025▲ +14%
Total assets
$934K
FY2025▲ +10%
Total liabilities
$14K
FY2025▲ +38%
Total revenue
$429K
Pt VIII · Ln 12
Total expenses
$348K
Pt IX · Ln 25
Net assets
$920K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$80K
Total assetsPt X · Ln 16$934K
Program-expense ratioPt IX · col B88%
Voting members of governing bodyPt I · Ln 315
Independent voting membersPt I · Ln 415

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CArmstrong County Educational Trust
EINHdr · item D25-6064784
Principal addressHdr · item CFord City, PA
WebsiteHdr · item Jwww.armstrongcenter.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MPA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFOct 1964

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a15
Independent voting membersPt VI · Ln 1b15
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Executive Director
$63,639Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023
Justin Nolder$63,639
Justin Nolder$60,006$58,251

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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Mission & Programs · Part III

Where the work happens

1 program service account for $306K of program spending, described in the organization's own filed words · FY2024.
01

Identifying, implementing and overseeing innovative efforts to increase access to post-secondary education opportunities to approximately 2,000 participants.

$306Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$231K · 54%
Investment income$91K · 21%
Other revenue$59K · 14%
Program service revenue$47K · 11%
Contributions & grants54%$231K
Investment income21%$91K
Other revenue14%$59K
Program service revenue11%$47K
— government grantsLn 1e$193K
Total revenueLn 12$429K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.88 Management & general $0.12
Program services88%$306K
Management & general12%$42K
Total functional expensesLn 25$348K

Balance Sheet

Part X · end of year
CashLn 1$831K
Total assetsLn 16$934K
Total liabilitiesLn 26$14K
Total net assetsLn 32$920K
Months of cash on handcomputed28.6

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $831K · Operating expenses/yr $348K
28.6 months
Where the money goes
Program services
Program services $306K · Total expenses $348K
88%
Management & General
Management & general $42K · Total expenses $348K
12%
Fundraising
Fundraising $0 · Total expenses $348K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $51K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $231K · Total revenue $429K
54%
Government reliance
Government grants $193K · Total revenue $429K
45%
Earned-income share
Program service revenue $47K · Total revenue $429K
11%
Investment reliance
Investment income $91K · Total revenue $429K
+21%
Program self-sufficiency
Program service revenue $47K · Total expenses $348K
13%
Growth & trend
Revenue growth (YoY)
This year $429K · Prior year $389K
+10%
Revenue CAGR
FY2019 $272K · FY2024 $429K
+10%
Net-asset trend (YoY)
End of year $920K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $429K · Expenses $348K
+19%
Liabilities-to-Assets
Total liabilities — · Total assets $934K
Net-asset ratio
Net assets $920K · Total assets $934K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $934K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Justin Nolder · Reported title Executive Director · Highest reported compensation $64K · Total expenses $348K
18%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $169K · Total expenses $348K
49%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 88%
Overhead ratio 12%
Fundraising cost ratio 0%
Revenue growth 10%
Accounting fee ratio 1%

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$12K
Grants paid · 3 grants · $70K · 2020–2023
Unitemized GrantFY2023$17,000
Unitemized GrantFY2021$38,000
Unitemized GrantFY2020$15,000

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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)$429K revenue · viewing · ⤓ 990 PDF
FY2024$389K revenue · ⤓ 990 PDF
FY2023$323K revenue · ⤓ 990 PDF
FY2022$356K revenue · ⤓ 990 PDF
FY2021$418K revenue · ⤓ 990 PDF
FY2020$272K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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