2025-03-04T14:38:51-06:00 2024-06-30 810576749 JOSEPH D DANTAS CPA 600 CARSONIA AVENUE READING PA 19606 990 2023-07-01 232867151 OLEY VALLEY COMMUNITY EDUCATION FOUNDATION OLEY 6109874100 PO BOX 331 OLEY PA 19547 THOMAS KAUFFMAN PRESIDENT 6109874100 2025-03-04 0 JOSEPH D DANTAS CPA P01200805 6103701820 X 2023 2025-03-06 01:10:19Z THOMAS KAUFFMAN PO BOX 331 OLEY PA 19547 253544 0 X WWW.OLEYVALLEYCEF.COM X 1996 PA TO ENHANCE EDUCATIONAL OPPORTUNITIES FOR PEOPLE IN THE OLEY VALLEY SCHOOL DISTRICT 20 20 0 40 0 0 256534 144920 0 0 15737 17407 85151 65283 357422 227610 132840 144877 0 0 47403 38403 0 0 11337 20504 19413 200747 202693 156675 24917 939591 1036009 0 0 939591 1036009 X THE MISSION OF THE OLEY VALLEY COMMUNITY EDUCATION FOUNDATION IS TO ENHANCE EDUCATIONAL OPPORTUNITIES FOR THE STUDENTS, RESIDENTS, EMPLOYEES, AND ALUMNI OF THE OLEY VALLEY SCHOOL DISTRICT WHILE ENCOURAGING COMMUNITY SUPPORT AND PARTICIPATION. 0 0 31500 31500 SCHOLARSHIPS: THE ORGANIZATION FUNDED EIGHT $3,000 SCHOLARSHIPS,ONE $1,000 SCHOLARSHIP, ONE $1,500 SCHOLARSHIP, AND ONE $5,000 SCHOLARSHIP FOR OLEY VALLEY HIGH SCHOOL GRADUATING SENIORS FURTHING THEIR EDUCATION AT AN INSTITUTE OF HIGHER LEARING. 107863 107863 EDUCATION PROJECT EXPENSES: THE ORGANIZATION FUNDED $107,863 OF GRANTS TO THE OLEY VALLEY SCHOOL DISTRICT TO FUND FACULTY-DEVISED PROGRAMS AND PROJECTS THAT BENEFIT STUDENTS AT THE OLEY VALLEY HIGH SCHOOL, MIDDLE SCHOOL, AND ELEMENTARY SCHOOL. EXAMPLES OF THESE PROJECTS INCLUDE BIOMEDICAL LEARNING EXPERIENCES, VIDEO CLUB, TEACHERS IN THE PARKS, VIRTUAL REALITY WELDING SIMULATOR, MOBILE AGRICULTURE LABORATORY, AND ONE SCHOOL-ONE BOOK PROGRAM. 3523 RECOGNITION AWARDS AND AWARDS BANQUET: THE ORGANIZATION FUNDED RECOGNITION AWARDS AND EVENTS TO HIGHLIGHT THE ACADEMIC AND OTHER ACHIEVEMENTS OF THE STUDENTS OF THE OLEY VALLEY SCHOOL DISTRICT. 22644 5514 EXECUTIVE DIRECTOR FEE ASSOCIATED WITH PROVIDING ALL PROGRAMATIC ACTIVITIES OF THE ORGANIZATION AS WELL AS COMMUNITY OUTREACH EXPENSES, SUCH AS THE SUMMER LEARNING PROGRAM AND THE SECOND SATURDAY PROGRAM OF THE OLEY VALLEY COMMUNITY LIBRARY, AND MISCELLANEOUS OTHER PROGRAM RELATED EXPENSES. 22644 5514 165530 1 1 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 0 0 0 0 0 0 0 0 0 0 0 0 X 20 20 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 0 0 PA X THE ORGANIZATION 6109874100 PO BOX 331 OLEY PA 19547 X KEVIN BIEBER TRUSTEE 1.00 X 0 0 0 MICHAEL BILLERA-SMITH TRUSTEE 1.00 X 0 0 0 RYAN KRALL TRUSTEE 1.00 X 0 0 0 CHRISTOPHER HARTMAN TRUSTEE 1.00 X 0 0 0 TRACY DONOFF TRUSTEE 1.00 X 0 0 0 MELISSA WOODARD TRUSTEE 1.00 X 0 0 0 DANA KILLMEYER JAIN TRUSTEE 1.00 X 0 0 0 STEPHANIE WAITS TRUSTEE 1.00 X 0 0 0 KELSEY FEEG TRUSTEE 1.00 X 0 0 0 NATHAN PLETSCHER TRUSTEE 1.00 X 0 0 0 JOSEPH HARTZ TRUSTEE 1.00 X 0 0 0 MIKE BUCKLIN TRUSTEE 1.00 X 0 0 0 VALERIE DOWNING TRUSTEE 1.00 X 0 0 0 ASHLEY BLESSING TRUSTEE 1.00 X 0 0 0 LAUREN GLUCKMAN TRUSTEE 1.00 X 0 0 0 BRIAN PAWLING TRUSTEE 1.00 X 0 0 0 DR ERIN ANDERSON TRUSTEE (NON-VOTING) 1.00 X 0 0 0 KENNETH BAGENSTOSE JR TRUSTEE (NON-VOTING) 1.00 X 0 0 0 JAMIE FREED TRUSTEE (NON-VOTING) 1.00 X 0 0 0 THOMAS KAUFFMAN PRESIDENT 1.00 X 0 0 0 KIRSTEN DEYSHER VICE PRESIDENT 1.00 X 0 0 0 THOMAS PRICE TREASURER 1.00 X 0 0 0 LISA SHAEFFER SECRETARY 1.00 X 0 0 0 JENNIFER SCHORR EXECUTIVE DIRECTOR 30.00 X 38403 0 0 38403 0 0 0 0 0 0 0 144920 144920 17407 17407 77240 25934 51306 51306 NET REALIZED GAINS FRO 523000 13977 13977 13977 227610 0 0 82690 113377 113377 31500 31500 38403 9680 19513 9210 1520 1520 150 150 500 500 4101 2474 1627 1315 1315 DISCRETIONARY TEACHER G 3865 3865 COMMUNITY OUTREACH 3585 3585 STUDENT AWARDS 3523 3523 MISCELLANEOUS 854 854 202693 165530 25826 11337 158056 130589 25416 25416 652445 770066 103674 109938 939591 1036009 0 0 X 556439 620057 383152 415952 939591 1036009 939591 1036009 24917 81942 -10441 0 X 1 X 0 1 0 X 113246 108242 130314 256534 144920 753256 54720 85246 99348 77240 316554 113246 162962 215560 355882 222160 1069810 7024 7610 10708 10470 8075 43887 0 7024 7610 10708 10470 8075 43887 1025923 15752 29329 16083 58023 102885 222072 15752 29329 16083 58023 102885 222072 128998 192291 231643 413905 325045 1291882 0.79410 0.84410 0.17190 0.12020 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 756119 50000 113326 24000 5000 10441 880004 623983 100000 66629 19000 6500 8993 756119 323553 363150 -41720 15500 5500 623983 253475 82578 12500 323553 279567 -20992 5100 253475 0.62915 0.37085 1 0 0 BENEFICIAL INTEREST 109938 109938 X PART X, LINE 2: WHEN TAX RETURNS ARE FILED, IT IS HIGHLY CERTAIN THAT SOME POSITIONS TAKEN WOULD BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES, WHILE OTHERS ARE SUBJECT TO UNCERTAINTY ABOUT THE MERITS OF THE POSITION TAKEN OR THE AMOUNT OF THE POSITION THAT WOULD BE ULTIMATELY SUSTAINED. THE BENEFIT OF A TAX POSITION IS RECOGNIZED IN THE FINANCIAL STATEMENTS IN THE PERIOD DURING WHICH, BASED ON ALL AVAILABLE EVIDENCE MANAGEMENT BELIEVES IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING THE RESOLUTION OF APPEALS OR LITIGATION PROCESSES, IF ANY. TAX POSITIONS TAKEN ARE NOT OFFSET OR AGGREGATED WITH OTHER POSITIONS. TAX POSITIONS THAT MEET THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD ARE MEASURED AS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS MORE THAN 50% LIKELY OF BEING REALIZED UPON SETTLEMENT WITH THE APPLICABLE TAXING AUTHORITY. THE PORTION OF THE BENEFITS ASSOCIATED WITH TAX POSITIONS TAKEN THAT EXCEEDS THE AMOUNT MEASURED AS DESCRIBED ABOVE IS REFLECTED AS A LIABILITY FOR UNRECOGNIZED TAX BENEFITS IN THE ACCOMPANYING CONSOLIDATED STATEMENTS OF FINANCIAL POSITION ALONG WITH ANY ASSOCIATED INTEREST AND PENALTIES THAT WOULD BE PAYABLE TO THE TAXING AUTHORITIES UPON EXAMINATION. ROLLING ROCK STONE AUCTION 19455 19455 11202 DR ZACKON 5K RUN 17735 17735 2180 2 40050 40050 600 3832 8120 77240 77240 600 3832 21502 25934 51306 1 OLEY VALLEY SCHOOL DISTRICT 17 JEFFERSON ST OLEY PA 19547 231667976 107863 0 TO FUND FACULTY DEVISED PROGRAMS AND PROJECTS THAT BENEFIT THE STUDENTS OF THE OLEY VALLEY SCHOOL DISTRICT OLEY VALLY COMMUNITY LIBRARY 339 MAIN ST OLEY PA 19547 463986065 5514 0 TO FUND THE SUMMER LEARNING PROGRAM AND THE SECOND SATURDAY PROGRAM OF THE OLEY VALLEY COMMUNITY LIBRARY SCHOLARSHIPS OF $1,000 TO $5,000 TO STUDENTS OF OLEY VALLEY HIGH SCHOOL 11 31500 PART 1 LINE 2 THE EDUCATION GRANT COMMITTEE RECOMENDS PROJECTS FOR FUNDING. MOST OF THE FUNDS EXPENDED IN THIS PROGRAM ARE FUNDED THROUGH EITC (EDUCATIONAL IMPROVEMENT TAX CREDIT PROGRAM) GRANTS THAT MUST BE APPROVED THROUGH WRITTEN REQUESTS. PART 1 LINE 2 RECEIPTS ARE PROVIDED TO SUPPORT THE DOLLARS SPENT 0 0 0 0 0 0 0 0 0 JENNIFER SCHORR EXECUTIVE DIRECTOR 38403 0 0 0 0 0 0 0 0 0 38403 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 MIKE BILLERA-SMITH AND RYAN KRALL ARE BROTHERS-IN-LAW. KELSEY FEEG AND RYAN KRALL ARE FIRST COUSINS. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE FINANCIAL STATEMENTS AND 990 PRIOR TO FILING RETURN ELECTRONICALLY FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF TRUSTEES ANNUALLY MONITORS AND ENFORCES THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR FEE IS ADJUSTED ON AN ANNUAL BASIS, AS APPROPRIATE, AS DETERMINED BY AND VOTED ON BY THE BOARD OF TRUSTEES. THE EXECUTIVE COMMITTEE IS RESPONSIBLE FOR RECOMMENDING CHANGES. FORM 990, PART VI, SECTION C, LINE 18 AVAILABLE UPON REQUEST FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST