Eastern Hancock Education Foundation
Nonprofit profile at a glance
- EIN
- 455185867
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2021
- Location
- Charlottesville, IN, USA
- Phone
- 3179365444
- Rating
- 59
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Public Foundations
Reported finances
- Revenue
- $48,865
- Expenses
- $31,701
- Assets
- $163,917
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
16 people listed
Executive titles in this filing
- ERIC SCHILLING (PRESIDENT)
People named in this filing
- ERIC SCHILLING (PRESIDENT)
- CODY FLOOD (VICE-PRESIDE)
- MIKE MANSHIP (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The eastern hancock education foundation promotes academic excellance by investing in innovative educators and programs which inspire student success. Primary support includes providing grants for teachers and rewarding educators through appreciation efforts and programming.
Operating model
- Revenue model
- Donor-supported. 73% of the money available for current operations came from contributions and gifts.
- Distribution model
- Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.
The verdict
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 29
- Transparency & Controls: 100
- Sustainability: 71
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 45.9%; rating input score 46
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 35.1%; rating input score 84; 84th percentile among comparable filings
- Total-asset coverage ratio: 5.17; rating input score 84; 84th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -24.7% per year; rating input score 0; 12th percentile among comparable filings
- Asset growth: 12.7% per year; rating input score 100; 77th percentile among comparable filings
Details
- Where the money goes: 45.9% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 16 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 4 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 46/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.