Hatboro Horsham Alumni Association
Nonprofit profile at a glance
- EIN
- 232934905
- IRS 990-EZ coverage
- 2011–2024
- Forms available
- Form 990-EZ 2024
- Location
- Newtown, PA, USA
- Phone
- 2159680600
- Rating
- 65
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $13,676
- Expenses
- $19,151
- Assets
- $432,490
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
1 person listed
Executive titles in this filing
- SAMUEL J WORTHINGTON (PRESIDENT)
People named in this filing
- SAMUEL J WORTHINGTON (PRESIDENT)
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
Educational the hatboro-horsham alumni association was formed with the sole purpose of reuniting the community and school district with alumni in an effort to form a solid bond between the past and present. Together this consolidation will benefit all of those who are touched through the establishment and renewing of friendships, the enjoyment and pleasure of past and future moments, and most importantly the continuation of the history and tradition that has been and will continue to be the legacy of hatboro-horsham high school. Additionally, the hatboro-horsham alumni association has created a scholarship fund at the high school.
What it reported doing in 2024
Educational - scholarships issued
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 - The filed numbers largely add up. A relatively small share of total spending goes to programs and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 58
- Transparency & Controls: 82
- Sustainability: 50
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 65.3%; rating input score 65
- Program expense ratio: 47%; rating input score 47
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -40%; rating input score 15; 15th percentile among comparable filings
- Total-asset coverage ratio: 22.58; rating input score 96; 96th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -2.5% per year; rating input score 0; 41st percentile among comparable filings
- Revenue growth: -5.2% per year; rating input score 0; 34th percentile among comparable filings
- Asset growth: 2.3% per year; rating input score 100; 48th percentile among comparable filings
Details
- Where the money goes: 65.3% of revenue deployed · 47% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $9K in reported program spending
- Leadership: top reported pay $0 · 1 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 9 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.
- Moderate — Financial Efficiency: Program expense ratio scored 47/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 15/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.