Upper Arlington Education Foundation

Tax-deductible

Columbus, OH501(c)(3)Foundations & GrantmakersEIN 31-1156964Revenue $634K in FY2024

On file with the IRSuaeducationfoundation.com1619 Zollinger Rd, 43221-2905 · Columbus, OHTax-exempt since Feb 1986Publicly supported charity — 170(b)(1)(A)(vi)

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The Foundation provides funding for superior and innovative educational programs which exceed the school district's financial resources.

501(c)(3) charity; gifts are tax-deductible.
80¢ of each $1 spent went to programs.
Run by 38 volunteers and 4 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $109K a year · 22% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
80%
of spending
Looks good: 80% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$95K
to officers and key staff · 20% of spending
Top officer’s pay higher than 82% of similar orgs
Fine: pay to officers and key staff is 20% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
20 mo
of spending, in cash
Looks good: 19.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $44K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
15
of 15 voting members
Looks good: 15 of 15 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$634K
+15% vs prior year
Spent
$475K
To programs
80%
Net assets
$3.6M
By yearFY2020–FY2024
Revenue
$634K
FY2024▲ +15%
Tap a bar for its year
Revenue by fiscal year
FY2020$362K
FY2021$858K
FY2022$81K
FY2023$551K
FY2024$634K
Expenses
$475K
FY2024▲ +7%
Tap a bar for its year
Expenses by fiscal year
FY2020$294K
FY2021$358K
FY2022$374K
FY2023$442K
FY2024$475K
Net assets
$3.6M
FY2024▲ +11%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.9M
FY2021$3.3M
FY2022$2.8M
FY2023$3.2M
FY2024$3.6M

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 1986.

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

Where the money goes

80 cents of each dollar spent went to programs.

Program services 80% · $380K Management & general 17% · $79K Fundraising 3% · $15K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

24 people listed on the 990; $95K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Di
$94,800Pt VII · Sec A
$0Pt VII · Sec A
Teacher/ Tru
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Alice Finley’s $95K as Executive Di is at the 82nd percentile of top reported officer pay among 1264 $100K–1M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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

NameFY2024FY2023FY2022FY2021FY2020
Alice Finley$94,800$90,086$75,101$74,168$73,740

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.

See Upper Arlington Education Foundation executive salaries →

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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 15aYes

Programs and updates

Funds innovative educational programs exceeding school district budgets.

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Provided by the organization

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3 programs · $380K · in their own filed words · FY2024
01

The foundation provides funding for superior and innovative educational programs which exceed the school district's financial resources. Includes supplies and equipment, scholarships, and other education materials for various education programs with the school.

$354Kprogram expense
02

Provide scholarships to graduates of upper arlington city schools to assist with college tuition.

$19Kprogram expense
03

Alumni Association for the Upper Arlington School

Provides a network for former students to keep up to date with activities and accomplishments of the school and alumni. Accomplishments include website and reunions.

$7Kprogram 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 3 funders$44K
See all 3 funders →
Grants paid · 11 grants · $736K · 2020–2024
Upper Arlington City SchoolsFY2024$149,266
Unitemized GrantFY2024$18,900
Upper Arlington City SchoolsFY2023$161,323
Unitemized GrantFY2023$17,927
Upper Arlington City SchoolsFY2022$115,104
Unitemized GrantFY2022$16,994
Citizens for Ua SchoolsFY2022$10,500
Upper Arlington City SchoolsFY2021$133,941
Unitemized GrantFY2021$23,450
Upper Arlington City SchoolsFY2020$72,436
Unitemized GrantFY2020$15,849

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$634K
Ln 12
Gifts and grantsLn 1h$467K
Investment incomeLn 3$132K
Other incomeLn 4–11$36K
Money outPt IX
$475K
Ln 25
Programscol B$380K
Managementcol C$79K
Fundraisingcol D$15K
Owns and owesPt X
$3.6M
net assets · Ln 32
Cash and savingsLn 1–2$777K
Total assetsLn 16$3.6M
LiabilitiesLn 26$0
PeoplePt VI, VII
24
listed · VII A
PaidVII A1
Voting boardVI 1a15
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$467K
Noncash giftsLn 1g$103K
Fundraising eventsLn 1c$93K
Investment incomeLn 3$132K
Other incomeLn 4–11$36K
Gains on assetsLn 7$35K
Total revenueLn 12$634K
Assets in detailPt X, end of year
CashLn 1$123K
SavingsLn 2$654K
Cash and savings togetherLn 1–2$777K
InvestmentsLn 11–13$2.8M
Total assetsLn 16$3.6M
LiabilitiesLn 26$0
Net assetsLn 32$3.6M
OperationsPt I, VI
EmployeesI 54
VolunteersI 638
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$718K$777K
InvestmentsLn 11–13$2.5M$2.8M
Total assetsLn 16$3.2M$3.6M
LiabilitiesLn 26$0$0
Net assetsLn 32$3.2M$3.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$152K$152K
Grants to domestic individualsLn 2$19K$19K
Pay of current officers, directors and key staffLn 5$95K$76K$15K$4K
Other salaries and wagesLn 7$109K$88K$18K$4K
Pension plan contributionsLn 8$5K$4K$824$193
Payroll taxesLn 10$17K$13K$3K$634
Accounting feesLn 11c$6K$2K$4K
Investment management feesLn 11f$16K$16K
Advertising and promotionLn 12$1K$1K
Office expensesLn 13$6K$3K$3K
Information technologyLn 14$13K$13K
Conferences, conventions and meetingsLn 19$15K$15K
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$18K$10K$2K$6K
Total functional expensesLn 25$475K$380K$79K$15K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $634K$475K$160K$3.6M 990 PDF
FY2023 $551K$442K$109K$3.2M 990 PDF
FY2022 $81K$374K−$293K$2.8M 990 PDF
FY2021 $858K$358K$499K$3.3M 990 PDF
FY2020 $362K$294K$67K$2.9M 990 PDF

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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 FY2024 990 (6 parts)
Part I · Summary $634,260 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $480,659$467,083
I-9 Program service revenue$0
I-10 Investment incomePrior year $42,492$131,524
I-11 Other revenuePrior year $27,850$35,653
I-12 Total revenuePrior year $551,001$634,260
I-13 Grants and similar amounts paidPrior year $185,618$171,061
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $194,865$225,971
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $61,498$77,505
I-18 Total expensesPrior year $441,981$474,537
I-19 Revenue less expensesPrior year $109,020$159,723
Part VI · Governance 15 of 15 board members independent, no flags
VI-1a Voting members of the governing body15
VI-1b Independent voting members15
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $634,260 across 8 lines filed
VIII-1c Fundraising events$93,084
VIII-1f All other contributions, gifts and grants$373,999
VIII-1g Noncash contributions (included above)$103,368
VIII-1h Total contributions, gifts and grants$467,083
VIII-3 Investment incomeRelated to mission $96,965$96,965
VIII-7 Net gain or loss on sales of assetsRelated to mission $34,559$34,559
VIII-8 Net income from fundraising eventsExcluded from tax $35,653$35,653
VIII-12 Total revenueRelated to mission $131,524 · Excluded from tax $35,653$634,260
Part IX · Statement of functional expenses $474,537 across 14 lines filed
IX-1 Grants to domestic organizationsPrograms $152,161$152,161
IX-2 Grants to domestic individualsPrograms $18,900$18,900
IX-5 Pay of current officers, directors and key staffPrograms $75,840 · Management $15,358 · Fundraising $3,602$94,800
IX-7 Other salaries and wagesPrograms $87,517 · Management $17,722 · Fundraising $4,157$109,396
IX-8 Pension plan contributionsPrograms $4,071 · Management $824 · Fundraising $193$5,088
IX-10 Payroll taxesPrograms $13,350 · Management $2,703 · Fundraising $634$16,687
IX-11c Accounting feesPrograms $1,902 · Management $4,438$6,340
IX-11f Investment management feesManagement $16,165$16,165
IX-12 Advertising and promotionPrograms $1,050$1,050
IX-13 Office expensesPrograms $3,236 · Management $3,237$6,473
IX-14 Information technologyPrograms $12,668$12,668
IX-19 Conferences, conventions and meetingsManagement $15,021$15,021
IX-23 InsuranceManagement $2,076$2,076
IX-24 Other expenses (24a–d)Programs $9,628 · Management $1,949 · Fundraising $6,135$17,712
IX-25 Total functional expensesPrograms $380,323 · Management $79,493 · Fundraising $14,721$474,537
Part X · Balance sheet $3,565,530 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $238,001$123,053
X-2 Savings and temporary cash investmentsStart of year $480,117$654,443
X-11 Publicly traded securitiesStart of year $2,481,122$2,788,034
X-16 Total assetsStart of year $3,199,240$3,565,530
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $1,528,348$847,692
X-28 Net assets with donor restrictionsStart of year $1,670,892$2,717,838
X-32 Total net assets or fund balancesStart of year $3,199,240$3,565,530
X-33 Total liabilities and net assetsStart of year $3,199,240$3,565,530
Part XI · Reconciliation of net assets $3,565,530 net assets at year end
XI-1 Total revenue$634,260
XI-2 Total expenses$474,537
XI-3 Revenue less expenses$159,723
XI-4 Net assets at start of year$3,199,240
XI-5 Net unrealized gains (losses) on investments$206,567
XI-10 Net assets at end of year$3,565,530

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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