The Golden Tornado Scholastic Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The Golden Tornado Scholastic Foundation is a non-profit group that aims to help the students of the Butler Area School District. We encourage endowments to the Pittsburgh Foundation for scholarships and creative teaching grants and solicit funds through various fundraising events throughout the year.
- Income
- $605,092
- Spending
- $306,891
- Spent on programs
- 89%
- Reserves
- 46.8 months of spending
- Largest source of income
- donations and private grants, 79%
- Employees
- 0
- Volunteers
- 35
- Highest pay
- $24,160, executive dir.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 100 out of 100.
Reserves
35 of 35Spendable reserves would cover 46.8 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 49% of income.
Income trend
15 of 15Income rose 32% on the year before.
Spending floor
15 of 1589% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 55 out of 100.
Independent board
25 of 2535 of 35 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (5)
- $195,628 spent. Student scholarships and creative teaching grants which provide funds for staff members to develop creative and unique programs that are beneficial to students. Student scholarships are funded through various fundraisers and the Buck Starts Here Campaign where employees can donate money through payroll deduction.
- $68,871 spent. Weekend backpack program - supplies weekend food for students in need. The program is available to all students in grades Kindergarten through 5th grade. Each Friday, children are provided child-friendly, single serving snacks and easily prepared meals in the their backpack.
- $5,760 spent. Tuff tornado run - fundraising event held at a local park where individuals and teams compete in a 2 mile run with obstacles.
- $4,097 spent. FAB showcase - an annual event where student artwork and artwork from local professional artists are displayed and sold through silent auctions. In addition, gift baskets and other items donated by each school and local businesses are raffled off.
- Conduct various events to raise funds to support the activities and programs of the Foundation. Also collect naming rights for various items at the Butler Area School District football stadium.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since May 1991.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.