Hardy Parent Teacher Organization
Nonprofit profile at a glance
- EIN
- 043238741
- IRS 990-EZ coverage
- 2011–2024
- Forms available
- Form 990-EZ 2024
- Location
- Wellesley, MA, USA
- Phone
- 7814466270
- Rating
- 70
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Parent/Teacher Group
Reported finances
- Revenue
- $98,321
- Expenses
- $69,032
- Assets
- $106,463
- Liabilities
- $200
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- JENNY HUGHES (CO-PRESIDENT)
- ROBYN RACHEOTES (CO-PRESIDENT)
People named in this filing
- JENNY HUGHES (CO-PRESIDENT)
- ROBYN RACHEOTES (CO-PRESIDENT)
- MERYL GLASSMAN (CO-VICE PRES)
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
To raise money to fund programs that enrich the education of our children attending hardy public school. Funds raised also serve to support the classrooms through technology and traditional learning tools. Create opportunities for parents to feel connected to their child's education.
What it reported doing in 2024
Classroom and teacher support - provides discretionary funds to principal, teachers, and specialists to be used for classroom supplies and tools. Provides library support to purchase books. Contributes to the health & exercise programs for all students.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 66
- Transparency & Controls: 82
- Sustainability: 66
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 57.4%; rating input score 57
- Program expense ratio: 81.8%; rating input score 82
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 29.8%; rating input score 81; 81st percentile among comparable filings
- Total-asset coverage ratio: 1.54; rating input score 58; 58th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 34; 34th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -2.3% per year; rating input score 0; 42nd percentile among comparable filings
- Revenue growth: -0.8% per year; rating input score 0; 48th percentile among comparable filings
- Asset growth: 0.9% per year; rating input score 100; 42nd percentile among comparable filings
Details
- Where the money goes: 57.4% of revenue deployed · 81.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $56K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 13 filing years from 2011 to 2024
- Contacts: How to reach this organization
- 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.
- Review — Financial Efficiency: Mission deployment rate scored 57/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 58/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 34/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.