CENTENNIAL EDUCATION FOUNDATION

EIN: 232946167 501(c)(3) Education

WARMINSTER, PA

Total Revenue
$149,838
Total Expenses
$135,020
Total Assets
$676,872
Net Assets
$676,872
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
PA
Principal Officer
JENNIFER SCHULTZ
Phone
2154416000
Tax Period
2024-07-01 to 2025-06-30

CENTENNIAL EDUCATION FOUNDATION, founded in 1996, is a small nonprofit in the Education sector that reported $150K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $135K left a modest 10% surplus.

Mission

A BROAD BASED, NON-PROFIT COMMUNITY ORGANIZATION, WHICH IS EXCLUSIVELY EDUCATIONAL AND CHARITABLE, TO SECURE RESOURCES FROM INDIVIDUALS, CORPORATIONS, COMMUNITY ORGANIZATIONS AND OTHER FOUNDATIONS TO BE DISTRIBUTED IN SUPPORT OF PROGRAMS THAT BENEFIT STUDENTS IN THE CENTENNIAL SCHOOL DISTRICT, WHICH WILL LEAD TO THE OVERALL IMPROVEMENT IN THE QUALITY OF EDUCATION AND AN ENHANCEMENT OF COMMUNITY SUPPORT FOR PUBLIC EDUCATION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $95,953
Program Service Revenue $0
Investment Income $26,323
Other Revenue $27,562
TOTAL REVENUE $149,838

Expense Breakdown

Grants Paid $90,852
Salaries & Benefits $34,000
Fundraising Expenses $7,875
Program Expenses $106,602
Other Expenses $10,168
TOTAL EXPENSES $135,020

Year-over-Year Comparison

2024 2023 Change
Revenue $149,838 $137,344 +0.1%
Expenses $135,020 $115,996 +0.2%
Net Income $14,818 $21,348 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
22
Independent Members
22
Employees
N/A
Volunteers
25

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$34,000
Total Directors
22
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MAX WEINTRAUB PRESIDENT 2.00
Officer Director
$0 $0 $0
CAROLYN FISCHER VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
THOMAS GREENWOOD TREASURER 2.00
Officer Director
$0 $0 $0
NANCY LINVILLE SECRETARY 2.00
Officer Director
$0 $0 $0
CHRISTINE BAILEY ALFF BOARD MEMBER 2.00
Director
$0 $0 $0
DR DANA BEDDEN BOARD MEMBER 2.00
Director
$0 $0 $0
LORRAINE BOWEN BOARD MEMBER 2.00
Director
$0 $0 $0
GREG CROMPTON BOARD MEMBER 2.00
Director
$0 $0 $0
BIANCA ECKHARDT BOARD MEMBER 2.00
Director
$0 $0 $0
TOM FROGGATT BOARD MEMBER 2.00
Director
$0 $0 $0
HEATHER HARPER BOARD MEMBER 2.00
Director
$0 $0 $0
MICHAEL HARTLINE BOARD MEMBER 2.00
Director
$0 $0 $0
KIM INGRAM BOARD MEMBER 2.00
Director
$0 $0 $0
CHUCK KLEINSCHMIDT BOARD MEMBER 2.00
Director
$0 $0 $0
RYAN LOVENSTEIN BOARD MEMBER 2.00
Director
$0 $0 $0
NICHOLAS MENTO BOARD MEMBER 2.00
Director
$0 $0 $0
WAYNE MCCULLOH BOARD MEMBER 2.00
Director
$0 $0 $0
DANIEL MCPHILLIPS BOARD MEMBER 2.00
Director
$0 $0 $0
ROBERT J PHILLIPS BOARD MEMBER 2.00
Director
$0 $0 $0
DENNISE QUINN BOARD MEMBER 2.00
Director
$0 $0 $0
ROBERT SCHUMANN BOARD MEMBER 2.00
Director
$0 $0 $0
ANDREW STAHL BOARD MEMBER 2.00
Director
$0 $0 $0
JENNIFER SCHULTZ EXECUTIVE DIRECTOR 15.00
Officer
$34,000 $0 $34,000
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $149,838 $135,020 $676,872 $14,818
2024 $137,344 $115,996 $680,751 $21,348
2023 $167,952 $125,533 $589,316 $42,419
2022 $170,564 $125,662 $525,776 $44,902
2021 $129,978 $169,310 $569,158 $-39,332
2020 $140,063 $67,153 $516,341 $72,910
2019 $71,828 $132,399 $439,743 $-60,571
2018 $138,029 $70,400 $500,314 $67,629
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