Archbold Area Foundation EIN 34-1452403

Archbold Area Foundation

EIN  34-1452403 Public charity (501(c)(3)) Archbold, OH
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Donates to causes and offers education assistance to improve the community.
Leadership
Trevor Fruth · President
Money in and out
$187K revenue, $115K expenses
Bottom line
67% program efficiency

Donates to causes and offers education assistance to improve the community. For fiscal year 2025 it reported $187K in revenue, $115K in expenses, and $2.0M in net assets.Pt I

Where the money goes · FY2025
Total revenue
$187K
Pt VIII · Ln 12
Total expenses
$115K
Pt IX · Ln 25
Net assets
$2.0M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $72K
Where spending went · Part IX cols B–D
Program services $0.67 Management & general $0.33
Program efficiency
67%
of spending reaches programs▼ -17% vs prior filing year
Operating runway
207.6mo
months of highly liquid reserves at operating expense rate▲ +49% vs prior filing year
Surplus margin
+38%
revenue over expenses, this year▲ +121% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$187K
FY2025▼ -7%
Expenses
$115K
FY2025▼ -31%
Total assets
$2.0M
FY2025▲ +4%
Total liabilities
$0
FY2025
Total revenue
$187K
Pt VIII · Ln 12
Total expenses
$115K
Pt IX · Ln 25
Net assets
$2.0M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$72K
Total assetsPt X · Ln 16$2.0M
Program-expense ratioPt IX · col B67%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 412
Mission & Programs · Part III

Where the work happens

2 program services account for $77K of program spending, described in the organization's own filed words · FY2024.
01

Community Betterment

Donations to other nonprofit organizations that help provide support for the people living in and around the community of archbold so that their quality of life will be enhanced.

$46Kprogram expense
02

Scholarships

The organization provides scholarships to help teachers and college bound students become better equiped to teach and obtain the skills needed to gain employment.

$31Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CArchbold Area Foundation
EINHdr · item D34-1452403
Principal addressHdr · item CArchbold, 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 (B82Z)
Ruling yearIRS BMFJan 1985

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a12
Independent voting membersPt VI · Ln 1b12
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 15aNo
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
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Investment income$161K · 86%
Contributions & grants$26K · 14%
Investment income86%$161K
Contributions & grants14%$26K
Total revenueLn 12$187K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.67 Management & general $0.33
Program services67%$77K
Management & general33%$39K
Total functional expensesLn 25$115K

Balance Sheet

Part X · end of year
CashLn 1$2.0M
Total assetsLn 16$2.0M
Total liabilitiesLn 26$0
Total net assetsLn 32$2.0M
Months of cash on handcomputed207.6

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $2.0M · Operating expenses/yr $115K
207.6 months
Where the money goes
Program services
Program services $77K · Total expenses $115K
67%
Management & General
Management & general $39K · Total expenses $115K
33%
Fundraising
Fundraising $0 · Total expenses $115K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $35K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $26K · Total revenue $187K
14%
Government reliance
Government grants — · Total revenue $187K
Earned-income share
Program service revenue $0 · Total revenue $187K
0%
Investment reliance
Investment income $161K · Total revenue $187K
+86%
Program self-sufficiency
Program service revenue $0 · Total expenses $115K
0%
Growth & trend
Revenue growth (YoY)
This year $187K · Prior year $201K
-7%
Revenue CAGR
FY2020 $407K · FY2024 $187K
-18%
Net-asset trend (YoY)
End of year $2.0M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $187K · Expenses $115K
+38%
Liabilities-to-Assets
Total liabilities — · Total assets $2.0M
Net-asset ratio
Net assets $2.0M · Total assets $2.0M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $2.0M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Trevor Fruth · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $115K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $115K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 67%
Overhead ratio 33%
Fundraising cost ratio 0%
Revenue growth -7%
Investment management fee ratio 2%
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.

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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)$187K revenue · viewing · ⤓ 990 PDF
FY2024$201K revenue · ⤓ 990 PDF
FY2023$-30K revenue · ⤓ 990 PDF
FY2022$33K revenue · ⤓ 990 PDF
FY2021$407K 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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