Friends of Horatio B Hackett School
Nonprofit profile at a glance
- EIN
- 462534066
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2022
- Location
- Philadelphia, PA, USA
- Rating
- 53
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $59,236
- Expenses
- $77,967
- Assets
- $29,952
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- Abby Guido (President)
- Laura Fluharty (Vice President)
People named in this filing
- Abby Guido (President)
- Laura Fluharty (Vice President)
- Jenn McTague (Secretary)
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 Friends of Horatio B. Hackett School is an incorporated organization founded in August of 2013 by residents of Hacketts school catchment. Participation in the organization is open to anyone interested in supporting the school. The mission of the Friends of Horatio B. Hackett Elementary is to provide support to all current and future Hackett students teachers staff and parents in order to maintain a safe and academically engaging environment both in school and within the community. Our goal is to support Hackett students to become educated responsible contributing citizens of the City of Philadelphia. Friends of Hackett is an all-volunteer organization having no paid staff. Funding is currently provided by donations from the general public and nonprofit organizations.
What it reported doing in 2024
Outdoor Classroom & Rain Garden: Officially broke ground on construction of a new schoolyard and basketball court - years in the making to benefit all 442 students as well as providing a place for local families in the neighborhood to play and learn outside school hours. Grant provided to Philadelphia School District to fund construction of the rain garden and outdoor classroom.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 19
- Transparency & Controls: 100
- Sustainability: 22
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 21.3%; rating input score 21
- Program expense ratio: 16.2%; rating input score 16
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: -31.6%; rating input score 18; 18th percentile among comparable filings
- Total-asset coverage ratio: 0.38; rating input score 25; 25th 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: 0.5% per year; rating input score 100; 50th percentile among comparable filings
- Revenue growth: -7% per year; rating input score 0; 29th percentile among comparable filings
- Asset growth: -47.6% per year; rating input score 0; 4th percentile among comparable filings
Details
- Where the money goes: 21.3% of revenue deployed · 16.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 5 filed program accomplishments · $13K in reported program spending
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 7 of 8 current checks pass · 1 finding to review
- Schedules: 4 filed schedules
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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.
- High — Financial Efficiency: Mission deployment rate scored 21/100.
- High — Financial Efficiency: Program expense ratio scored 16/100.
- Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
- High — Sustainability: Operating margin scored 18/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 25/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.