Allentown School District Foundation

EIN: 270743152 501(c)(3) Education

Allentown, PA

Total Revenue
$524,154
Total Expenses
$443,148
Total Assets
$1,494,392
Net Assets
$1,492,886
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
PA
Principal Officer
Ibi Balog
Phone
4847654121
Tax Period
2023-07-01 to 2024-06-30

Allentown School District Foundation, founded in 2009, is a small nonprofit in the Education sector that reported $524K in total revenue in fiscal year 2023. Revenue decreased 11% compared to the prior year. The organization ran a surplus of $81K, a strong 15% operating margin.

Mission

THE MISSION OF THE FOUNDATION IS TO ENCOURAGE, PROMOTE, SUPPORT, AND FUND POSITIVE EDUCATIONAL EXPERIENCES FOR STUDENTS IN THE ALLENTOWN SCHOOL DISTRICT.

Program Service Accomplishments

Program 1
Expenses: $344,934

WITH A VISION FOR ENRICHED EDUCATION, THE ASD FOUNDATION ENCOURAGES, PROMOTES AND SUPPORTS POSITIVE EDUCATIONAL EXPERIENCES FOR STUDENTS IN THE ALLENTOWN SCHOOL DISTRICT. THE FOUNDATION'S VOLUNTEER...

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WITH A VISION FOR ENRICHED EDUCATION, THE ASD FOUNDATION ENCOURAGES, PROMOTES AND SUPPORTS POSITIVE EDUCATIONAL EXPERIENCES FOR STUDENTS IN THE ALLENTOWN SCHOOL DISTRICT. THE FOUNDATION'S VOLUNTEER BOARD OF DIRECTORS SEEK INDIVIDUAL CONTRIBUTIONS, FOUNDATION GRANTS, CONDUIT GIFTS, AND OTHER FUNDING SUCH AS EITC CORPORATE CONTRIBUTIONS FOR PROGRAMS THAT PROMOTE EXCELLENCE WHILE RECOGNIZING THE ACCOMPLISHMENTS OF ALLENTOWN'S 16000+ STUDENTS AND 2100+ EMPLOYEES. IN THE 2023-2024 SCHOOL YEAR, CONDUIT GIFTS WERE USED TO SUPPORT THE CENTURY PROMISE AND MIDDLE SCHOOL TRANSFORMATION INIATIVES, DIERUFF HIGH SCHOOL (DHS)KISKA AND TROIKA BANQUETS, DHS STAGE LIGHTING, MARUSHAK OUTDOOR CLASSROOM, DHS BASKETBALL, DHS AND WILLIAM ALLEN HS(WAHS)WEIGHT ROOM RENOVATIONS, WAHS SOCCER, WAHS ALUMNI ASSOCIATION WEBSITE, LEARNING DOME MUHLENBERG ELEMENTARY PLAYGROUND, UNIFORMS AND GIFT CARDS FOR STUDENTS EXPERIENCING HOMELESSNESS, RBI BASEBALL PROGRAM, AND THE UNION TERRACE ELEMENTARY SCHOOL FIRE ASSISTANCE.

Program 2

ENDOWED, ANNUAL(EXPENDABLE) AND ONE-TIME SCHOLARHSIPS ARE FINANCIAL STIPENDS AWARDED BY THE ALLENTOWN SCHOOL DISTIRCT FOUNDATION(ASDF)TO GRADUATION STUDENTS TO PAY FOR POST-SECONDARY EDUCATION. WHILE...

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ENDOWED, ANNUAL(EXPENDABLE) AND ONE-TIME SCHOLARHSIPS ARE FINANCIAL STIPENDS AWARDED BY THE ALLENTOWN SCHOOL DISTIRCT FOUNDATION(ASDF)TO GRADUATION STUDENTS TO PAY FOR POST-SECONDARY EDUCATION. WHILE THE SCHOLARSHIP IS AWARDED TO THE STUDENT, THE FUNDS ARE PAID BY THE ASDF DIRECTLY TO THE POST-SECONDARY INSTITUTION TO BE CREDITED TO THE STUDENT'S ACCOUNT. TO INSURE AWARDABILITY, NO MORE THAN TWO CRITERIA BEYOND HIGH SCHOOL DESIGNATION ARE USED IN DETERMINING SCHOLARSHIP RECEIPIENTS MAY BE SET. THE SELECTION PROCESS IS AT THE DISCRETION OF THE BUILDING PRINCIPAL. WHILE DONORS MAY DETERMINE ELIGIBILITY CRITERIA, DONORS MAY NOT BE INVOLVED IN THE SELECTION OF INDIVIDUAL SCHOLARSHIP RECIPIENTS. THE ASF NOR ITS BOARD MEMBERS MAY BE INVOLVED IN ANY SELECTION PROCESS. A MINIMUM OF $10,000 IN GIFT(S) IS REQUIRED FOR A CONTRIBUTION TO BE CONSIDERED AN ENDOWED SCHOLARSHIP.

Program 3

THE FOUNDATION ORGANIZES AND RUNS PROGRAMS WITHIN DISTRICT SCHOOLS, AND ALSO PROVIDES FUNDING FOR PROGRAMMING WITHIN THE SCHOOLS. DURING THE 2023-2024 SCHOOL YEAR, FLEXIBLE GRANTS WERE GIVEN TO THE...

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THE FOUNDATION ORGANIZES AND RUNS PROGRAMS WITHIN DISTRICT SCHOOLS, AND ALSO PROVIDES FUNDING FOR PROGRAMMING WITHIN THE SCHOOLS. DURING THE 2023-2024 SCHOOL YEAR, FLEXIBLE GRANTS WERE GIVEN TO THE FOUR MIDDLE SCHOOLS AND DIERUFF AND ALLEN HIGH SCHOOLS TO SUPPORT CHORAL AND INSTRUMENTAL MUSIC, THEATRE, POETRY, AND DANCE PROGRAMS. THE ASDF FUNDED THE MIDDLE SCHOOL DANCE LESSONS AND COMPETITION AND THE STRINGS PROGRAM AT RAUB MS, A LITERACY VOLUNTEER PROGRAM, NATIONAL HISTORY DAY, SCIENCE FAIR, THE RENAISSANCE ART PROGRAMS, LCTI SUMMER CAMPS, AND TEACHER INNOVATION GRANTS.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $414,694
Program Service Revenue $0
Investment Income $21,351
Other Revenue $88,109
TOTAL REVENUE $524,154

Expense Breakdown

Grants Paid $178,985
Salaries & Benefits $135,087
Fundraising Expenses $30,962
Program Expenses $344,934
Other Expenses $129,076
TOTAL EXPENSES $443,148

Year-over-Year Comparison

2023 2022 Change
Revenue $524,154 $586,682 -0.1%
Expenses $443,148 $525,313 -0.2%
Net Income $81,006 $61,369 +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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Governance

Voting Members
20
Independent Members
20
Employees
3
Volunteers
135

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
3
$0
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Julie Ambrose Executive Director 0.00
$57,288 $0 $57,288
Erika Sutherland Member 2.00
Director
$0 $0 $0
Dan Bosket Past President 4.00
Director
$0 $0 $0
Laudy Allan Director 2.00
Director
$0 $0 $0
Tonya M Harris President 2.00
Director
$0 $0 $0
Peter J Kareha Director 2.00
Director
$0 $0 $0
Ralph S Todd Director 2.00
Director
$0 $0 $0
Carol D Birks Director 2.00
Director
$0 $0 $0
Mark Emerick Director 2.00
Director
$0 $0 $0
Kay Kurtz Director 2.00
Director
$0 $0 $0
Rashid Santiago Director 2.00
Director
$0 $0 $0
Rob Schmidt Vice President 2.00
Officer Director
$0 $0 $0
Donald E Hinkle Director 2.00
Director
$0 $0 $0
D'NESE SOKOLOWSKI Director 2.00
Director
$0 $0 $0
Donald Wieand Director 2.00
Director
$0 $0 $0
Audrey Mathison Director 2.00
Director
$0 $0 $0
Humberto Ortiz Director 2.00
Director
$0 $0 $0
Angela Nolan Director 4.00
Director
$0 $0 $0
Joseph Petro Director 2.00
Director
$0 $0 $0
Elizabeth Sewards Director 2.00
Director
$0 $0 $0
Ibi Balog Treasurer 4.00
Officer
$0 $0 $0
Rev Canon Maria Tjeltveit Secretary 4.00
Officer
$0 $0 $0
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 No data No data No data No data
2024 $524,154 $443,148 $1,494,392 $81,006
2023 $586,682 $525,313 $1,333,464 $61,369
2022 $701,523 $599,119 $1,250,624 $102,404
2021 $2,746,450 $2,733,906 $1,280,368 $12,544
2020 $927,404 $573,828 $1,259,742 $353,576
2019 $842,153 $656,094 $873,533 $186,059
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