2025-11-11T05:15:04-06:00 2025-05-31 251408703 SCHNEIDER DOWNS & CO INC ONE PPG PLACE SUITE 1700 PITTSBURGH PA 15222 990 2024-06-01 844612991 GENEVA COLLEGE FOUNDATION GENE 7248475568 3200 COLLEGE AVENUE BEAVER FALLS PA 15010 MARVIN DEWEY PRESIDENT 7248475568 2025-10-27 1 1 SARAH R PIOT P01358891 4122613644 2024 2025-03-06 01:10:19Z MARVIN DEWEY 3200 COLLEGE AVENUE BEAVER FALLS PA 15010 5394062 0 X WWW.GENEVACOLLEGEFOUNDATION.ORG X 2020 PA TO CARRY OUT THE PURPOSES OF AND TO BENEFIT AND SUPPORT GENEVA COLLEGE. 9 8 0 9 0 0 4232123 4625044 10859 15413 178802 711418 27015 34860 4448799 5386735 1951578 2177590 0 0 0 0 0 0 0 38792 69059 1990370 2246649 2458429 3140086 11495080 14683963 188333 239796 11306747 14444167 X THE CORPORATION SHALL BE ORGANIZED, AND AT ALL TIMES SHALL BE OPERATED, (UNLESS OTHERWISE APPROVED BY THE SOLE MEMBER) TO CARRY OUT THE PURPOSES OF AND TO BENEFIT AND SUPPORT THE COLLEGE, INCLUDING, BUT NOT LIMITED TO: (SEE CONTINUATION ON SCHEDULE O)(A) FUNDRAISING ON BEHALF OF THE COLLEGE;(B) CULTIVATING DONORS TO THE COLLEGE;(C) MAINTAINING AND ADVANCING COLLEGE ALUMNI RELATIONS;(D) STEWARDSHIP, AND EFFECTIVE MANAGEMENT AND ADMINISTRATION, OF ENDOWMENT AND OTHER FUNDS HELD FOR THE BENEFIT AND SUPPORT OF THE COLLEGE;(E) ACCOUNTING FOR CONTRIBUTIONS FOR THE BENEFIT AND SUPPORT OF THE COLLEGE THAT ARE MADE WITH OR WITHOUT RESTRICTIONS AND FOR ENDOWMENT FUNDS THAT ARE TEMPORARILY RESTRICTED OR PERMANENTLY RESTRICTED;(F) PROVIDING FUNDING FOR THE BENEFIT AND SUPPORT OF THE COLLEGE; AND(G) CONTRIBUTING TO CAPITAL, MAKING LOANS AND GRANTS, AND PROVIDING OTHER FINANCIAL ASSISTANCE TO THE COLLEGE. 0 0 2177590 2177590 15413 ALL ACTIVITIES OF THE FOUNDATION ARE FOR THE SOLE BENEFIT OF GENEVA COLLEGE. ALL GRANTS WERE GIFTED TO THE FOUNDATION'S SOLE MEMBER, GENEVA COLLEGE, TO BE USED IN FURTHERANCE OF ITS MISSION, TO PROVIDE A COMPREHENSIVE EDUCATION TO EQUIP STUDENTS FOR FAITHFUL AND FRUITFUL SERVICE TO GOD AND NEIGHBOR. 2177590 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 X 9 8 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 0 0 0 0 0 AR CA FL HI KY MA MI MN NH NJ NY OR PA SC WI X EMILY GATZ CONTROLLER 7248476504 3200 COLLEGE AVENUE BEAVER FALLS PA 15010 JOHN COURNAN CHAIR 1.00 0.00 X X 0 0 0 DAVID HOWELL VICE CHAIR/TREASURER 1.00 0.00 X X 0 0 0 PAMELA DURHAM-BELLAND BOARD MEMBER 1.00 0.00 X 0 0 0 JAMES BROWN BOARD MEMBER 1.00 0.00 X 0 0 0 TIMOTHY BAIRD CFO 1.00 40.00 X 0 177221 17332 MARVIN DEWEY PRESIDENT 40.00 0.00 X 0 162610 7836 KIM HILL ADMIN ASSISTANT TO PRESIDENT 1.00 40.00 X 0 58386 37898 RON ELDRIDGE ENTER 1124 BOARD MEMBER 1.00 0.00 X 0 0 0 KATHLEEN MCINTYRE BOARD MEMBER 1.00 0.00 X 0 0 0 BONNIE MEYER BOARD MEMBER 1.00 0.00 X 0 0 0 CHESTER REPLOGLE BOARD MEMBER 1.00 0.00 X 0 0 0 DWIGHT WAGNER BOARD MEMBER 1.00 0.00 X 0 0 0 0 398217 63066 0 0 1 0 0 16455 4608589 444269 4625044 AUXILIARY REVENUE 900099 15413 15413 15413 718745 718745 7327 -7327 -7327 -7327 34860 16455 0 34860 34860 5386735 15413 0 746278 2177590 2177590 2138 2138 19343 19343 14594 14594 10731 10731 INSTRUCTIONAL EXPENSE 22253 22253 2246649 2177590 69059 0 6132496 7666088 1114648 1866414 212054 158345 4033392 4993116 2490 0 11495080 14683963 188333 239796 188333 239796 X 177117 66000 11129630 14378167 11306747 14444167 11495080 14683963 X 3140086 11663 -14329 X X 0 1 X 1 0 X 6395126 5510976 4232123 4625044 20763269 6395126 5510976 4232123 4625044 20763269 4931538 15831731 53463 55199 223204 718745 1050611 14432 27360 27015 34860 103667 21917547 46223 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4052061 573286 517708 149939 4993116 3040416 511493 558380 58228 4052061 956274 2084617 475 3040416 956274 956274 0.00000 1.00000 0.00000 0 0 0 DUE TO GENEVA COLLEGE 239796 239796 X PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. HOWEVER, TO THE EXTENT THAT SOME AUXILIARY REVENUES AND INVESTMENT INCOME ON CERTAIN TYPES OF INVESTMENTS EXCEED THE RELATED EXPENSES, THEY ARE CONSIDERED TO BE UNRELATED BUSINESS INCOME AND SUBJECT TO INCOME TAX. THE ORGANIZATION FOLLOWS THE CODIFICATION TOPIC ON INCOME TAXES. THE TOPIC PRESCRIBES A MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT METHODOLOGY THAT A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN CONSOLIDATED FINANCIAL STATEMENTS. THE CONSOLIDATED STATEMENTS OF FINANCIAL POSITION AT MAY 31, 2025 AND 2024 DO NOT INCLUDE ANY LIABILITIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS; FURTHER, THE ORGANIZATION HAS NO UNRECOGNIZED TAX BENEFITS. THE ORGANIZATION IS NO LONGER SUBJECT TO EXAMINATION OF TAX RETURNS FOR YEARS BEFORE 2022. BASKETBALL GOLF OUTING (AUG 2025) 18215 4255 13960 ATHLETICS GOLF OUTING (MAY 2025) 33100 12200 20900 51315 16455 34860 34860 1 GENEVA COLLEGE 3200 COLLEGE AVENUE BEAVER FALLS PA 15010 250965376 501(C)(3) 2177590 0 N/A N/A TO SUPPORT THE MISSION OF GENEVA COLLEGE 1 0 PART I, LINE 2: ALL GRANTS WERE GIFTED TO THE FOUNDATION'S SOLE MEMBER, GENEVA COLLEGE, TO BE USED IN FURTHERANCE OF ITS MISSION, TO PROVIDE A COMPREHENSIVE EDUCATION TO EQUIP STUDENTS FOR FAITHFUL AND FRUITFUL SERVICE TO GOD AND NEIGHBOR. 0 0 0 0 0 0 0 0 0 TIMOTHY BAIRD CFO 0 177221 0 0 0 0 0 7404 0 9928 0 194553 0 0 MARVIN DEWEY PRESIDENT 0 160347 0 2263 0 0 0 7408 0 428 0 170446 0 0 X 7 111765 FMV X 1 332500 FMV X FURNITURE 4 4 NOMINAL 1 0 0 0 PART I, COLUMN (B): THE AMOUNT REPORTED IN COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTORS FOR EACH TYPE OF PROPERTY FOR THE YEAR ENDED MAY 31, 2025. FORM 990, PART VI, SECTION A, LINE 2 TIMOTHY BAIRD HAS A BUSINESS RELATIONSHIP WITH KIM HILL AND MARVIN DEWEY. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION IS A PENNSYLVANIA NONPROFIT CORPORATION WHICH HAS MEMBERS RATHER THAN STOCKHOLDERS. SINCE INCEPTION, IT HAS ONLY HAD ONE MEMBER, GENEVA COLLEGE. FORM 990, PART VI, SECTION A, LINE 7A AN ANNUAL MEETING OF THE SOLE MEMBER, GENEVA COLLEGE, FOR THE ELECTION OF BOARD OF DIRECTORS OF THE FOUNDATION, THE CONSIDERATION OF REPORTS, AND SUCH OTHER BUSINESS AS MAY BE BROUGHT BEFORE THE MEETING SHALL BE HELD ANNUALLY IMMEDIATELY FOLLOWING A MEETING OF THE BOARD OF TRUSTEES OF THE SOLE MEMBER, UNLESS OTHERWISE DETERMINED BY THE SOLE MEMBER. FORM 990, PART VI, SECTION A, LINE 7B NOTWITHSTANDING ANYTHING TO THE CONTRARY IN THESE BYLAWS, THE FOLLOWING DECISIONS SHALL REQUIRE THE CONSENT OF THE SOLE MEMBER, GENEVA COLLEGE, OR ANY COMMITTEE DESIGNATED BY THE SOLE MEMBER IN ADDITION TO THE AFFIRMATIVE ACTION OF THE BOARD OF THE CORPORATION. (A) ADOPTION OF THE CORPORATION'S ANNUAL BUDGET. (B) EXPENDITURES FOR (I) NON-BUDGETED ITEMS IN EXCESS OF CERTAIN DOLLAR LIMITS SET FROM TIME-TO-TIME BY THE SOLE MEMBER AND (II) ITEMS WHICH ARE INCLUDED IN THE CORPORATION'S ANNUAL BUDGETS, BUT WHICH EXCEED THE BUDGETED AMOUNT BY AN AMOUNT IN EXCESS OF CERTAIN DOLLAR LIMITS SET FROM TIME-TO-TIME BY THE SOLE MEMBER. (C) INCURRENCE, ASSUMPTION OR GUARANTEE OF ANY INDEBTEDNESS IF FOLLOWING THE INCURRENCE, ASSUMPTION, OR GUARANTEE OF SUCH INDEBTEDNESS THE AGGREGATE AMOUNT OF ALL OUTSTANDING INDEBTEDNESS INCURRED, ASSUMED OR GUARANTEED BY THE CORPORATION WHICH HAS NOT BEEN PREVIOUSLY APPROVED BY THE SOLE MEMBER EXCEEDS CERTAIN DOLLAR LIMITS SET FROM TIME-TO-TIME BY THE SOLE MEMBER. (D) EXECUTION OF ANY CONTRACT THAT CALLS FOR THE CORPORATION TO EXPEND A SUM IN EXCESS OF CERTAIN DOLLAR LIMITS SET FROM TIME-TO-TIME BY THE SOLE MEMBER. (E) APPOINTMENT OF THE CORPORATION'S AUDITORS AND/OR ACCOUNTANTS IF SUCH AUDITOR AND/OR ACCOUNTANTS WOULD BE DIFFERENT THAN THE AUDITOR AND/OR ACCOUNTANTS APPOINTED BY THE SOLE MEMBER FOR ITS OWN AFFAIRS. (F) ADOPTION OF THE CORPORATION'S LONG-RANGE PLANS AND MANAGEMENT OBJECTIVES, INCLUDING THE EXECUTION OF ANY AGREEMENT WITH CONSORTIUMS, ALLIANCES, ETC. (G) ADOPTION AND AMENDMENT OF THE CORPORATION'S ARTICLES OF INCORPORATION OR BYLAWS. (H) ADOPTION OF ANY PLAN OF MERGER OR CONSOLIDATION; ADOPTION OF ANY PLAN OF DIVISION OF THE CORPORATION; ADOPTION OF ANY PLAN OF CONVERSION RELATING TO THE CONVERSION OF THE CORPORATION INTO A FOR-PROFIT BUSINESS CORPORATION OR OTHER FOR-PROFIT LEGAL ENTITY; ADOPTION OF ANY PROPOSAL OF VOLUNTARY DISSOLUTION OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE CONTROLLER, AVP OF BUDGETING & FINANCE, AND THE VP OF BUSINESS & FINANCE. THE FORM 990 IS ALSO REVIEWED, DISCUSSED AND APPROVED BY THE BUSINESS AND OPERATIONS COMMITTEE OF THE BOARD OF DIRECTORS. THE FORM 990 IS MADE AVAILABLE TO ALL OF THE BOARD OF DIRECTORS MEMBERS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE ADMINISTRATIVE ASSISTANT OF THE PRESIDENT OF THE FOUNDATION COLLECTS AND REVIEWS ALL OF THE CONFLICT OF INTEREST STATEMENTS COMPLETED BY THE BOARD OF DIRECTORS AND MAINTAINS A CHECKLIST TO ENSURE THAT SHE RECEIVES ALL OF THEM. SHE THEN DOCUMENTS ANY DISCLOSURES MADE AND FORWARDS THIS DOCUMENT TO THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS FOR THEIR REVIEW. FORM 990, PART VI, SECTION C, LINE 19 GENEVA COLLEGE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY STATEMENT AND FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST AND THROUGH ITS OWN WEBSITE. FORM 990, PART XI, LINE 9: PROVISION FOR BAD DEBT EXPENSE -14,329. FORM 990, PART XII, LINE 2C: GENEVA COLLEGE FINANCIAL STATEMENTS ARE AUDITED BY AN INDEPENDENT ACCOUNTING FIRM. IN ADDITION, THE ORGANIZATION HAS A COMMITTEE THAT ASSUME THE RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND ITS SELECTION OF THE INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. GENEVA COLLEGE 3200 COLLEGE AVENUE BEAVER FALLS PA 15010 250965376 A CHRIST-CENTERED HIGHER EDUCATION ACADEMIC INSTITUTION PA 501(C)(3) 170(B)(1)(A)(II) REFORMED PRESBYTERIAN CHURCH OF NORTH AMERICA 0 REFORMED PRESBYTERIAN CHURCH OF NORTH AMERICA 7418 PENN AVENUE PITTSBURGH PA 15208 250987250 A CHURCH SPREADING THE GOSPEL OF JESUS CHRIST & DISCIPLING BELIEVERS PA 501(C)(3) 170(B)(1)(A)(I) N/A 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 1 1 1