Nonprofit · EIN 23-3070339
KENNETT EDUCATION FOUNDATION INC
Tax-exempt · KENNETT SQ, PA 19348
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $206,045 | $220,513 | -$14,468 | $1,180,075 | $0 | $1,180,075 |
| December 31, 2023 | 990 | $246,198 | $220,883 | $25,315 | $1,130,344 | $0 | $1,130,344 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $118,726
- Membership dues
- $533
- Program service revenue
- $0
- Investment income
- $41,048
- Net gain from sales of assets
- $12,407
- Net income from fundraising events
- $46,271
- Other revenue
- $46,271
Expenses
- Grants and similar amounts paid
- $173,887
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $13,317
- Program services (functional)
- $173,887
- Management and general (functional)
- $46,626
Balance sheet and other
- Total assets, start of year
- $1,130,344
- Total assets, end of year
- $1,180,075
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,180,075
- Publicly traded securities
- $825,241
- Net assets without donor restrictions
- $791,793
- Net assets with donor restrictions
- $388,282
- Gross receipts
- $275,300
- Employees
- 0
- Volunteers
- 30
- Year formed
- 2001
- State of legal domicile
- PA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANN SCHLITZ | BOARD MEMBER Trustee or director | 2 | $0 |
| HEATHER CONNOLLY | PRESIDENT Trustee or director, Officer | 6 | $0 |
| NIKI HARVEY | BOARD MEMBER Trustee or director | 2 | $0 |
| MICHAEL CARI | TREASURER Trustee or director, Officer | 6 | $0 |
| KENDRA LACOSTA | SECRETARY Trustee or director, Officer | 6 | $0 |
| NEIL ERICKSON | BOARD MEMBER Trustee or director | 2 | $0 |
| BARBIE DECARLO | BOARD MEMBER Trustee or director | 2 | $0 |
| CLAIRE FINFROCK | BOARD MEMBER Trustee or director | 2 | $0 |
| SUSAN GAUGHAN | BOARD MEMBER Trustee or director | 2 | $0 |
| PAULA PIERCY | BOARD MEMBER Trustee or director | 2 | $0 |
| CYBIL HOUSH | BOARD MEMBER Trustee or director | 2 | $0 |
| BROOKE VAIL | BOARD MEMBER Trustee or director | 2 | $0 |
| CORINA BACON | BOARD MEMBER Trustee or director | 2 | $0 |
| BARRY RITZ | BOARD MEMBER Trustee or director | 2 | $0 |
| ERIN BERNBERG | 2ND VICE PRESIDENT Trustee or director, Officer | 6 | $0 |
5 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LISA GATELY | BOARD MEMBER Trustee or director | 2 | $0 |
| GRACE JENNINGS | BOARD MEMBER Trustee or director | 2 | $0 |
| KELLY FIGUEROA | BOARD MEMBER Trustee or director | 2 | $0 |
| BETSY STERLING | BOARD MEMBER Trustee or director | 2 | $0 |
| GEMMA ERICKSON | BOARD MEMBER Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 24 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANN SCHLITZ | PRESIDENT Trustee or director, Officer | 6 | $0 |
| HEATHER CONNOLLY | 1ST VICE PRESIDENT Trustee or director, Officer | 6 | $0 |
| NIKI HARVEY | 2ND VICE PRESIDENT Trustee or director, Officer | 6 | $0 |
| MICHAEL CARI | TREASURER Trustee or director, Officer | 6 | $0 |
| KENDRA LACOSTA | SECRETARY Trustee or director, Officer | 6 | $0 |
| CORINA BACON | BOARD MEMBER Trustee or director | 2 | $0 |
| SALLY COONIN | BOARD MEMBER Trustee or director | 2 | $0 |
| BROOKE VAIL | BOARD MEMBER Trustee or director | 2 | $0 |
| BARBIE DECARLO | BOARD MEMBER Trustee or director | 2 | $0 |
| CLAIRE FINFROCK | BOARD MEMBER Trustee or director | 2 | $0 |
| SUSAN GAUGHAN | BOARD MEMBER Trustee or director | 2 | $0 |
| PAULA PIERCY | BOARD MEMBER Trustee or director | 2 | $0 |
| SEAN REIGLE | BOARD MEMBER Trustee or director | 2 | $0 |
| CYBIL HOUSH | BOARD MEMBER Trustee or director | 2 | $0 |
| BARRY RITZ | BOARD MEMBER Trustee or director | 2 | $0 |
| LORENZO DEANGELIS | BOARD MEMBER Trustee or director | 2 | $0 |
| KATHRYN KING | BOARD MEMBER Trustee or director | 2 | $0 |
| D DUSTY BLAKEY | BOARD MEMBER Trustee or director | 2 | $0 |
| RUDY KARKOSAK | BOARD MEMBER Trustee or director | 2 | $0 |
| ANDY AUGUSTINE | BOARD MEMBER Trustee or director | 2 | $0 |
| MICHAEL FINNEGAN | BOARD MEMBER Trustee or director | 2 | $0 |
| ROBERT GEORGE | BOARD MEMBER Trustee or director | 2 | $0 |
| BUD PIERCE | BOARD MEMBER Trustee or director | 2 | $0 |
| TRICIA O'LOUGHLIN | BOARD MEMBER Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 849, KENNETT SQ, PA 19348-0849
- In care of
- % MIKE LEONE
- Principal officer (990 for 2024)
- SUSAN GAUGHAN, PO BOX 849, KENNETT SQUARE, PA 19348
- Signed the 990
- SUSAN GAUGHAN, PRESIDENT
- Phone
- (302) 893-5573
- Return prepared by
- CAMPBELL RAPPOLD & YURASITS LLP
Mission
TO ENHANCE KINDERGARTEN THROUGH TWELFTH GRADE EDUCATIONAL EXPERIENCE IN THE KENNETT CONSOLIDATED SCHOOL DISTRICT; PROVIDE SUPPORT FOR CONTINUING HIGHER EDUCATION THROUGH SCHOLARSHIPS AND PROGRAMS; AND TO PROMOTE AND REWARD EXCELLENCE, CREATIVITY AND IMAGINATION FOR TEACHERS AND COMMUNITY LEADERS.
Program accomplishments
- TO ENHANCE KINDERGARTEN THROUGH TWELFTH GRADE EDUCATIONAL EXPERIENCE IN THE KENNETT CONSOLIDATED SCHOOL DISTRICT; PROVIDE SUPPORT FOR CONTINUING HIGHER EDUCATION THROUGH SCHOLARSHIPS AND PROGRAMS; AND TO PROMOTE AND REWARD EXCELLENCE, CREATIVITY AND IMAGINATION FOR TEACHERS AND COMMUNITY LEADERS.Expenses $173,887 · grants $173,887
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 23-3070339
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2002
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $1,180,075
- Income (IRS master file)
- $275,300
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $206,045 | $220,513 | $1,180,075 | XML |
| 990 | December 2023 | $246,198 | $220,883 | $1,130,344 | XML |
| 990 | December 2022 | $181,384 | $173,397 | $1,003,640 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-3070339).
Questions about KENNETT EDUCATION FOUNDATION INC
- What is the EIN of KENNETT EDUCATION FOUNDATION INC?
- The employer identification number (EIN) of KENNETT EDUCATION FOUNDATION INC is 23-3070339.
- Is KENNETT EDUCATION FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to KENNETT EDUCATION FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does KENNETT EDUCATION FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of KENNETT EDUCATION FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did KENNETT EDUCATION FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of KENNETT EDUCATION FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names SUSAN GAUGHAN.
- Who are the officers and directors of KENNETT EDUCATION FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 20 people; 0 received compensation from the organization.
- How much revenue does KENNETT EDUCATION FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $206,045, expenses of $220,513 and total assets of $1,180,075 at year end.
Other nonprofits in KENNETT SQ
- UPLAND COUNTRY DAY SCHOOL EIN 23-1458004 · last filed 990 for 2025
- WHITE CLAY SCHOOL EIN 23-3083445 · last filed 990 for 2024
- THE GARAGE COMMUNITY AND YOUTH CENTER EIN 10-0007967 · last filed 990 for 2025
- KENNETT SQUARE PRE SCHOOL COOPERATIVE EIN 23-1642482 · last filed 990 for 2025
- KENNETT AFTER-SCHOOL ASSOCIATION EIN 23-2984132 · last filed 990 for 2025
- KENNETT ATHLETIC BOOSTER CLUB EIN 27-0170472 · last filed 990 for 2025
- UNIONDALE-CHADDS FORD SCHOOL DISTRICT PTO EIN 23-3052741 · last filed 990 for 2025
- UNIONVILLE ELEMENTARY PARENT TEACHER ORGANIZATION EIN 23-3049761 · last filed 990-N for 2025