Scranton Area Foundation, Inc.

Creating Charitable Connections

aka Scranton Area Community Foundation | Scranton, PA | https://safdn.org/

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GuideStar Charity Check

EIN: 23-2890364

Contributions tax deductible
as of March 2023

IRS BMF 509(a)(1)
as of March 13, 2023

View summary

Charity Check report

Mission

To enhance the quality of life for all people in Lackawanna County through the development of organized philanthropy.

Ruling year info

1997

President and CEO

Laura Ducceschi

Main address

615 Jefferson Avenue Suite 102

Scranton, PA 18510 USA

Show more contact info

EIN

23-2890364

Subject area info

Foundations

Community improvement

Population served info

Women and girls

Families

NTEE code info

Community Foundations (T31)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Show Forms 990

Communication

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

We are working to enhance the qualify of life for all residents of Northeastern Pennsylvania through a multi-pronged approach that looks to identify, root out, and address the root causes of inequities, and seeks to engage in critical and innovative work that aims to resolve or improve the current issues plaguing our community.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Women in Philanthropy

Women in Philanthropy (“WIP”) began as a small group of engaged, community-minded women at the Scranton Area Foundation that wanted to create meaningful, positive change in the lives of women and girls in Lackawanna County.

http://www.supportnepawomen.org/

Population(s) Served

Women and girls

Families

Where we work

Accreditations

Council on Foundations Accredited

External reviews

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

What is the organization aiming to accomplish?

Collaboration with Funders
Serve as a Change Agent
Build Capacity
Engine to Address Emerging Challenges
Create a Legacy Opportunity
Build Sustainability
Meet Goals Through Giving
Connect Resources
Ensure Resource Development to Meet Community Needs
Enable innovative programming
Assist in continued success through capacity building
Educate nonprofits towards building sustainable funding models
Provide critical support and resources as needed

What are the organization's key strategies for making this happen?

STRATEGIC PILLAR 1: Convener and Leadership Catalyst
Goal 1. Collaboration with Funders
● Foster connectivity
● Establish relationships for stand-alone foundations and future administration
● Serve as a lead vehicle
Goal 2. Serve as a Change Agent
● Have foresight to identify opportunities within our communities
● Listen to stakeholders and prioritize opportunities
● Set the table for change
● Retain people at the table
● Lead change-oriented initiatives
Goal 3. Build Capacity
● Nonprofits
● Donors
● Professional Advisors
Goal 4. Engine to Address Emerging Challenges
● Identify and prioritize challenges
● Determine needed partners and resources
● Provide solutions and initiatives
STRATEGIC PILLAR 2: Charitable Steward
Goal 1. Create a Legacy Opportunity
● Relationships with donors, prospective donors, professional advisors.
● Maintain trust, respect, and integrity as a partner
● Evaluate, innovate, and institute the most relevant, appropriate charitable planning tools
● Engage donors to build a pipeline of funding to meet community needs
Goal 2. Build Sustainability
● Educate nonprofits on the value of organizational endowments
● Assist nonprofits in establishing and building organizational endowments
Goal 3. Meet Goals Through Giving
● Provide charitable vehicles for achieving goals
● Offer customized, responsive philanthropic planning assistance to serve donor and professional advisor needs.
Goal 4. Connect Resources
● Managing other foundations to needs in communities
● Connecting donors to specific needs in communities
Goal 5: Ensure Resource Development to Meet Community Needs
● Grow and build community needs fund
● Continually establish relationships with new donors and professional advisors
● Sustain relationships with current donors and professional advisors
● Grow and build administrative endowment fund
● Maintain appropriate administration fees to compensate philanthropic services
STRATEGIC PILLAR 3: Partner to Nonprofits
Goal 1. Enable innovative programming
● Use restricted and unrestricted funding for grant opportunities
● Help establish effective collaborations with other funders
● Provide seed funding for innovative philanthropy
● Generate buy-in for innovative philanthropy
● Lead change-oriented initiatives
Goal 2. Assist in continued success through capacity building
● Grantmaking
● Training
● Workshops
● Continuing Education
Goal 3. Educate nonprofits towards building sustainable funding models
● Planned Giving Support
● Organizational endowments
● Toolkits
● CGAs
Goal 4: Provide critical support and resources as needed
● Identify critical situations
● Determine appropriate decision-making metrics to assist in prioritization

What are the organization's capabilities for doing this?

The board and staff of the Scranton Area Foundation (SAF) is well-positioned to act as the independent anchor institution in our community which can work with and successfully convene nonprofit organizations. We have demonstrated strong proficiency in facilitating and developing collaborative relationships and programs. Staff and board members have the skills, competency and experience to execute our mission and strategic goals.

What have they accomplished so far and what's next?

SAF has developed a number of successful initiatives and projects in support of our mission and strategic goals. These include:
- Strong grants program that addresses both critical and innovative needs;
- Women in Philanthropy which is a women's philanthropy program looking to address the particular needs of women, girls, and their families in our region
- The Center for Community Leadership and Nonprofit Excellence which is the capacity building arm of SAF
- NEPA Moves which is a collaborative council dedicated to equitable transportation and similar issues of economic mobility
- NEPA Gives which is a one-day online giving day to support our nonprofit partners
- Medallion Partners Program which allows donors to keep their investments with their trusted advisors while still reaching their philanthropic goals

Financials

Scranton Area Foundation, Inc.

Fiscal year: Jan 01 - Dec 31

Financial documents

Yes, financials were audited by an independent accountant.

Revenue vs. expenses: breakdown

SOURCE: IRS Form 990

NET GAIN/LOSS: in

Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2020

SOURCE: IRS Form 990

11.43

Average of 10.46 over 10 years

Months of cash in 2020

SOURCE: IRS Form 990

1.5

Average of 1 over 10 years

Fringe rate in 2020

SOURCE: IRS Form 990

26%

Average of 27% over 10 years

Funding sources

Source: IRS Form 990

Assets & liabilities

Source: IRS Form 990

Financial data

Source: IRS Form 990

Digitizing IRS form 990 data

Scranton Area Foundation, Inc.

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990

Fiscal year ending: Download Data

Revenue
Contributions	$578,078
Government Grants	$0
Program Services	$0
Investments	($1,636,771)
Special Events	$0
Sales	$0
Other	$47,807
Total Revenue	($1,010,886)

Expenses
Program Services	$940,901
Administration	$621,698
Fundraising	$67,674
Total Expenses	$1,630,273
Net Gain/Loss	($2,641,159)

Functional expenses
Accounting Fees	$27,357
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$5,693
Interest Expenses	$0
Investment Management Fees	$347,164
Legal Fees	$3,207
Pension Plan Contributions	$8,718
Professional Fundraising Expenses	$0

Revenue
Contributions	$410,807
Government Grants	$0
Program Services	$0
Investments	($1,943,984)
Special Events	$0
Sales	$0
Other	($26,318)
Total Revenue	($1,559,495)

Expenses
Program Services	$849,771
Administration	$512,329
Fundraising	$67,006
Total Expenses	$1,429,106
Net Gain/Loss	($2,988,601)

Functional expenses
Accounting Fees	$29,324
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$5,588
Interest Expenses	$0
Investment Management Fees	$229,127
Legal Fees	$3,780
Pension Plan Contributions	$9,078
Professional Fundraising Expenses	$0

Revenue
Contributions	$675,051
Government Grants	$0
Program Services	$0
Investments	$907,393
Special Events	$0
Sales	$0
Other	$87,567
Total Revenue	$1,670,011

Expenses
Program Services	$887,170
Administration	$547,137
Fundraising	$68,009
Total Expenses	$1,502,316
Net Gain/Loss	$167,695

Functional expenses
Accounting Fees	$36,043
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$6,160
Interest Expenses	$0
Investment Management Fees	$258,588
Legal Fees	$3,228
Pension Plan Contributions	$9,078
Professional Fundraising Expenses	$0

Revenue
Contributions	$812,119
Government Grants	$0
Program Services	$0
Investments	$1,295,916
Special Events	$0
Sales	$0
Other	$97,558
Total Revenue	$2,205,593

Expenses
Program Services	$1,003,256
Administration	$600,152
Fundraising	$62,724
Total Expenses	$1,666,132
Net Gain/Loss	$539,461

Functional expenses
Accounting Fees	$30,574
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$5,857
Interest Expenses	$0
Investment Management Fees	$290,612
Legal Fees	$4,738
Pension Plan Contributions	$16,919
Professional Fundraising Expenses	$0

Revenue
Contributions	$590,241
Government Grants	$0
Program Services	$0
Investments	$1,605,783
Special Events	$0
Sales	$0
Other	$102,132
Total Revenue	$2,298,156

Expenses
Program Services	$887,521
Administration	$775,304
Fundraising	$75,235
Total Expenses	$1,738,060
Net Gain/Loss	$560,096

Functional expenses
Accounting Fees	$32,947
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$6,118
Interest Expenses	$0
Investment Management Fees	$368,626
Legal Fees	$2,500
Pension Plan Contributions	$17,427
Professional Fundraising Expenses	$0

Revenue
Contributions	$1,012,248
Government Grants	$0
Program Services	$0
Investments	$1,563,489
Special Events	$0
Sales	$0
Other	$124,275
Total Revenue	$2,700,012

Expenses
Program Services	$872,266
Administration	$700,502
Fundraising	$95,081
Total Expenses	$1,667,849
Net Gain/Loss	$1,032,163

Functional expenses
Accounting Fees	$34,057
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$6,836
Interest Expenses	$0
Investment Management Fees	$324,161
Legal Fees	$2,900
Pension Plan Contributions	$11,686
Professional Fundraising Expenses	$0

Revenue
Contributions	$271,358
Government Grants	$0
Program Services	$0
Investments	$2,833,652
Special Events	$0
Sales	$0
Other	$162,597
Total Revenue	$3,267,607

Expenses
Program Services	$975,004
Administration	$828,426
Fundraising	$127,887
Total Expenses	$1,931,317
Net Gain/Loss	$1,336,290

Functional expenses
Accounting Fees	$34,857
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$4,946
Interest Expenses	$0
Investment Management Fees	$431,795
Legal Fees	$3,684
Pension Plan Contributions	$15,191
Professional Fundraising Expenses	$0

Revenue
Contributions	$1,031,920
Government Grants	$0
Program Services	$0
Investments	$2,335,300
Special Events	$0
Sales	$0
Other	$171,710
Total Revenue	$3,538,930

Expenses
Program Services	$1,188,167
Administration	$785,570
Fundraising	$133,030
Total Expenses	$2,106,767
Net Gain/Loss	$1,432,163

Functional expenses
Accounting Fees	$35,493
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$4,875
Interest Expenses	$0
Investment Management Fees	$373,717
Legal Fees	$2,517
Pension Plan Contributions	$19,324
Professional Fundraising Expenses	$0

Revenue
Contributions	$2,215,014
Government Grants	$0
Program Services	$0
Investments	$2,076,934
Special Events	$0
Sales	$0
Other	$184,000
Total Revenue	$4,475,948

Expenses
Program Services	$1,122,062
Administration	$809,878
Fundraising	$122,374
Total Expenses	$2,054,314
Net Gain/Loss	$2,421,634

Functional expenses
Accounting Fees	$37,025
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$4,984
Interest Expenses	$0
Investment Management Fees	$335,672
Legal Fees	$6,788
Pension Plan Contributions	$22,270
Professional Fundraising Expenses	$0

Revenue
Contributions	$1,112,881
Government Grants	$0
Program Services	$0
Investments	$2,056,328
Special Events	$0
Sales	$0
Other	$225,628
Total Revenue	$3,394,837

Expenses
Program Services	$1,415,381
Administration	$843,022
Fundraising	$135,691
Total Expenses	$2,394,094
Net Gain/Loss	$1,000,743

Functional expenses
Accounting Fees	$40,726
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$5,091
Interest Expenses	$0
Investment Management Fees	$348,992
Legal Fees	$4,229
Pension Plan Contributions	$20,911
Professional Fundraising Expenses	$0

Revenue
Contributions	$1,693,250
Government Grants	$0
Program Services	$0
Investments	$2,032,136
Special Events	$0
Sales	$0
Other	$289,534
Total Revenue	$4,014,920

Expenses
Program Services	$2,571,304
Administration	$377,317
Fundraising	$122,864
Total Expenses	$3,071,485
Net Gain/Loss	$943,435

Functional expenses
Accounting Fees	$22,265
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$5,385
Interest Expenses	$0
Investment Management Fees	$203,818
Legal Fees	$7,641
Pension Plan Contributions	$22,403
Professional Fundraising Expenses	$0

Revenue
Contributions	$3,369,437
Government Grants	$0
Program Services	$0
Investments	$1,987,764
Special Events	$0
Sales	$0
Other	$370,975
Total Revenue	$5,728,176

Expenses
Program Services	$3,159,998
Administration	$392,049
Fundraising	$242,869
Total Expenses	$3,794,916
Net Gain/Loss	$1,933,260

Functional expenses
Accounting Fees	$24,250
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$7,170
Interest Expenses	$0
Investment Management Fees	$249,457
Legal Fees	$6,145
Pension Plan Contributions	$22,277
Professional Fundraising Expenses	$0

Revenue
Contributions	$5,425,046
Government Grants	$0
Program Services	$0
Investments	$2,572,541
Special Events	$0
Sales	$0
Other	$405,427
Total Revenue	$8,403,014

Expenses
Program Services	$5,208,695
Administration	$423,650
Fundraising	$233,714
Total Expenses	$5,866,059
Net Gain/Loss	$2,536,955

Functional expenses
Accounting Fees	$25,350
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$7,021
Interest Expenses	$0
Investment Management Fees	$217,971
Legal Fees	$4,396
Pension Plan Contributions	$30,733
Professional Fundraising Expenses	$0

Scranton Area Foundation, Inc.

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: Download Data

Assets	Jan 01, 2008	Dec 31, 2008	Change
Contributions	$578,078
Cash & Equivalents	$662,831	$680,309	$17,478
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$4,365	$0	($4,365)
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$29,047,688	$20,170,077	($8,877,611)
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$0	$735	$735
Other	$435,298	$385,838	($49,460)
Total Assets	$30,150,182	$21,236,959	($8,913,223)

Liabilities	Jan 01, 2008	Dec 31, 2008	Change
Accounts Payable	$675	$1,165	$490
Grants Payable	$323,698	$342,584	$18,886
Deferred Revenue	$0	$0	$0
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$2,711,492	$2,136,704	($574,788)
Total Liabilities	$3,035,865	$2,480,453	($555,412)

Fund balance	Jan 01, 2008	Dec 31, 2008	Change
Temporarily Restricted Net Assets	$12,832,272	$9,016,233	($3,816,039)
Permanently Restricted Net Assets	$0	$0	$0
Total Restricted Net Assets	$12,832,272	$9,016,233	($3,816,039)
Unrestricted Net Assets	$14,282,045	$9,740,273	($4,541,772)
Net Assets	$27,114,317	$18,756,506	($8,357,811)

Assets	Jan 01, 2009	Dec 31, 2009	Change
Contributions	$410,807
Cash & Equivalents	$680,309	$287,048	($393,261)
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$20,170,077	$22,884,612	$2,714,535
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$735	$352	($383)
Other	$385,838	$334,795	($51,043)
Total Assets	$21,236,959	$23,506,807	$2,269,848

Liabilities	Jan 01, 2009	Dec 31, 2009	Change
Accounts Payable	$1,165	$2,374	$1,209
Grants Payable	$342,584	$183,019	($159,565)
Deferred Revenue	$0	$0	$0
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$2,136,704	$2,368,921	$232,217
Total Liabilities	$2,480,453	$2,554,314	$73,861

Fund balance	Jan 01, 2009	Dec 31, 2009	Change
Temporarily Restricted Net Assets	$9,016,233	$10,176,631	$1,160,398
Permanently Restricted Net Assets	$0	$0	$0
Total Restricted Net Assets	$9,016,233	$10,176,631	$1,160,398
Unrestricted Net Assets	$9,740,273	$10,775,862	$1,035,589
Net Assets	$18,756,506	$20,952,493	$2,195,987

Assets	Jan 01, 2010	Dec 31, 2010	Change
Contributions	$675,051
Cash & Equivalents	$287,048	$161,496	($125,552)
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$22,884,612	$25,015,268	$2,130,656
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$352	$213	($139)
Other	$334,795	$394,997	$60,202
Total Assets	$23,506,807	$25,571,974	$2,065,167

Liabilities	Jan 01, 2010	Dec 31, 2010	Change
Accounts Payable	$2,374	$8,049	$5,675
Grants Payable	$183,019	$250,831	$67,812
Deferred Revenue	$0	$0	$0
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$2,368,921	$2,533,657	$164,736
Total Liabilities	$2,554,314	$2,792,537	$238,223

Fund balance	Jan 01, 2010	Dec 31, 2010	Change
Temporarily Restricted Net Assets	$10,176,631	$11,392,335	$1,215,704
Permanently Restricted Net Assets	$0	$0	$0
Total Restricted Net Assets	$10,176,631	$11,392,335	$1,215,704
Unrestricted Net Assets	$10,775,862	$11,387,102	$611,240
Net Assets	$20,952,493	$22,779,437	$1,826,944

Assets	Jan 01, 2011	Dec 31, 2011	Change
Contributions	$812,119
Cash & Equivalents	$161,496	$156,382	($5,114)
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$25,015,268	$24,888,641	($126,627)
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$213	$4,663	$4,450
Other	$394,997	$400,717	$5,720
Total Assets	$25,571,974	$25,450,403	($121,571)

Liabilities	Jan 01, 2011	Dec 31, 2011	Change
Accounts Payable	$8,049	$0	($8,049)
Grants Payable	$250,831	$276,272	$25,441
Deferred Revenue	$0	$0	$0
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$2,533,657	$2,573,460	$39,803
Total Liabilities	$2,792,537	$2,849,732	$57,195

Scranton Area Foundation, Inc.

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990

This snapshot of Scranton Area Foundation, Inc.’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Fiscal year: Jan 01 - Dec 31 View full report Download data

Business model indicators

Profitability	2016	2017	2018	2019	2020
Unrestricted surplus (deficit) before depreciation	$868,990	$1,957,078	-$1,571,664	$2,481,371	$2,051,885
As % of expenses	42.5%	82.1%	-51.3%	65.5%	35.0%
Unrestricted surplus (deficit) after depreciation	$857,466	$1,947,980	-$1,580,032	$2,475,535	$2,045,414
As % of expenses	41.7%	81.4%	-51.4%	65.2%	34.9%

Revenue composition
Total revenue (unrestricted & restricted)	$4,475,948	$3,394,837	$4,014,920	$5,728,176	$8,403,014
Total revenue, % change over prior year	26.5%	-24.2%	18.3%	42.7%	46.7%
Program services revenue	0.0%	0.0%	0.0%	0.0%	0.0%
Membership dues	0.0%	0.0%	0.0%	0.0%	0.0%
Investment income	14.9%	21.7%	19.6%	16.3%	8.8%
Government grants	0.0%	0.0%	0.0%	0.0%	0.0%
All other grants and contributions	49.5%	32.8%	42.2%	58.8%	64.6%
Other revenue	35.6%	45.5%	38.2%	24.9%	26.7%

Expense composition
Total expenses before depreciation	$2,042,790	$2,384,996	$3,063,117	$3,789,080	$5,859,588
Total expenses, % change over prior year	-2.3%	16.8%	28.4%	23.7%	54.6%
Personnel	20.0%	17.6%	16.6%	14.6%	11.4%
Professional fees	18.6%	16.5%	15.1%	14.1%	9.4%
Occupancy	1.8%	1.5%	1.3%	1.1%	0.7%
Interest	0.0%	0.0%	0.0%	0.0%	0.0%
Pass-through	51.7%	49.6%	51.3%	55.3%	69.2%
All other expenses	7.9%	14.8%	15.7%	14.9%	9.2%

Full cost components (estimated)	2016	2017	2018	2019	2020
Total expenses (after depreciation)	$2,054,314	$2,394,094	$3,071,485	$3,794,916	$5,866,059
One month of savings	$170,233	$198,750	$255,260	$315,757	$488,299
Debt principal payment	$0	$0	$0	$0	$0
Fixed asset additions	$0	$0	$0	$0	$0
Total full costs (estimated)	$2,224,547	$2,592,844	$3,326,745	$4,110,673	$6,354,358

Capital structure indicators

Liquidity	2016	2017	2018	2019	2020
Months of cash	0.8	0.6	1.2	0.3	1.5
Months of cash and investments	193.5	189.8	135.0	132.0	97.8
Months of estimated liquid unrestricted net assets	85.0	82.7	58.2	54.9	39.7

Balance sheet composition	2016	2017	2018	2019	2020
Cash	$144,545	$109,411	$301,509	$84,516	$712,048
Investments	$32,788,264	$37,612,742	$34,170,909	$41,593,245	$47,066,827
Receivables	$0	$0	$10,000	$0	$0
Gross land, buildings, equipment (LBE)	$164,166	$164,860	$165,820	$165,820	$169,811
Accumulated depreciation (as a % of LBE)	60.9%	66.2%	70.8%	74.4%	76.4%
Liabilities (as a % of assets)	9.1%	8.8%	9.1%	9.0%	8.3%
Unrestricted net assets	$14,539,316	$16,487,296	$14,907,264	$17,382,799	$19,428,213
Temporarily restricted net assets	$16,401,306	$18,977,244	$17,827,361	N/A	N/A
Permanently restricted net assets	$0	$0	$0	N/A	N/A
Total restricted net assets	$16,401,306	$18,977,244	$17,827,361	$22,511,640	$26,637,458
Total net assets	$30,940,622	$35,464,540	$32,734,625	$39,894,439	$46,065,671

Key data checks

Key data checks	2016	2017	2018	2019	2020
Material data errors	No	No	No	No	No

Operations

The people, governance practices, and partners that make the organization tick.

Documents

Letter of Determination

Form 1023/1024 is not available for this organization

President and CEO

Laura Ducceschi

LinkedIn profile

Number of employees

Source: IRS Form 990

Scranton Area Foundation, Inc.

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation

Other

Show data for fiscal year

Compensation data

Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

Scranton Area Foundation, Inc.

Board of directors
as of 11/01/2022

SOURCE: Self-reported by organization

Board of directors data

Download the most recent year of board of directors data for this organization

Board co-chair

Esq Barbara O'Hara

Hughes, Nicholls, and O'Hara - Attorneys at Law

Term: 2022 - 2024

Board co-chair

Ellen Burkey

Ameriprise Financial

Term: 2022 - 2024

Organizational demographics

SOURCE: Self-reported; last updated 1/28/2021

Candid has made improvements to the race and ethnicity options.

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity

White/Caucasian/European

Gender identity

Female, Not transgender (cisgender)

Sexual orientation

Heterosexual or straight

Disability status

Person without a disability

Race & ethnicity

Gender identity

Sexual orientation

No data

Disability

No data

Scranton Area Foundation, Inc.

Creating Charitable Connections

Mission

Is this your nonprofit?

Programs and results

What we aim to solve

Our programs

Women in Philanthropy

Where we work

Accreditations

Our Sustainable Development Goals

Goals & Strategy

Charting impact

What is the organization aiming to accomplish?

What are the organization's key strategies for making this happen?

What are the organization's capabilities for doing this?

What have they accomplished so far and what's next?

Financials

Financial documents

Revenue vs. expenses: breakdown

Liquidity in 2020 info

11.43

Months of cash in 2020 info

1.5

Fringe rate in 2020 info

26%

Funding sources info

Assets & liabilities info

Financial data

Digitizing IRS form 990 data

Scranton Area Foundation, Inc.

Scranton Area Foundation, Inc.

Scranton Area Foundation, Inc.

Business model indicators

Capital structure indicators

Key data checks

Operations

Documents

President and CEO

Laura Ducceschi

Number of employees

Scranton Area Foundation, Inc.

Compensation data

Scranton Area Foundation, Inc.

Board of directors data

Esq Barbara O'Hara

Ellen Burkey

Organizational demographics

Leadership

Race & ethnicity

Gender identity

Sexual orientation

Disability

Liquidity in 2020

Months of cash in 2020

Fringe rate in 2020

Funding sources

Assets & liabilities