Hatboro-horsham Educational Foundation
Nonprofit profile at a glance
- EIN
- 232387721
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Horsham, PA, USA
- Phone
- 2154205261
- Rating
- 69
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $199,067
- Expenses
- $241,482
- Assets
- $507,972
- Liabilities
- $1,008
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
23 people listed
Executive titles in this filing
- DREW DENARDO (PRESIDENT)
- SHAWN FAGAN ED D (VICE PRESIDENT)
Highest reported compensation
- TARALEE KEPNER (BOARD MEMBER): $1 total reported compensation
- KELLY EBERLE (SECRETARY): $1 total reported compensation
- BILL STONE (TREASURER): $1 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The hatboro-horsham educational foundation serves all students of the hatboro-horsham school district by strengthening and enriching their educational programs. The foundation creates and sustains partnerships with the families, businesses, and the community of hatboro-horsham in order to provide the resources necessary for high quality, inspiring experiences of high interest to students. Our foundation is a volunteer organization working in partnership with the hatboro-horsham school board, administration, faculty, staff and students as we design and implement programs enhancing the hhsd curriculum and our students' lives.
What it reported doing in 2024
Outdoor education at the jarrett nature center - the hhef provides environmental educators to facilitate classes at the jarrett nature center (jnc). The jnc, a thirteen-acre nature center, is a rich assemblage of woods, meadow, wetlands, open water, and floodplain. From october through november and again from april through june, every student in grades one through five and grade seven attends outdoor science classes at jarrett nature center taught by environment educators from the briar bush nature center. Students will spend a morning or afternoon at the jnc involved in a variety of activities including finding and identifying insects and studying their biology, determining the health of our stream by identifying macroinvertebrates and measuring water properties and learning about wetlands and how these contribute to the health of our watersheds. The activities will vary from grade to grade, and will be aligned to the hatboro-horsham science curriculum. The students have an opportunity to think and act like scientists and make connections to the learning that occurs in their classrooms.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of total spending goes to programs and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 51
- Transparency & Controls: 94
- Accountability: 82
- Sustainability: 34
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 60.5%; rating input score 61
- Program expense ratio: 46.3%; rating input score 46
- Fundraising efficiency: $4.54 raised per $1 spent on fundraising; rating input score 20; 20th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 5 of 9 controls in place; rating input score 56
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -21.3%; rating input score 13; 13th percentile among comparable filings
- Total-asset coverage ratio: 2.1; rating input score 60; 60th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 54; 54th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 37; 37th percentile among comparable filings
Growth
- Program expense growth: 2.7% per year; rating input score 100; 43rd percentile among comparable filings
- Revenue growth: -4% per year; rating input score 0; 12th percentile among comparable filings
- Asset growth: -1.9% per year; rating input score 0; 18th percentile among comparable filings
Details
- Where the money goes: 60.5% of revenue deployed · 46.3% of spending went to programs
- Governance: 23 of 23 board members independent · 5 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $112K in reported program spending
- Leadership: top reported pay $1 · 23 people listed
- Consistency: 23 of 23 current checks pass
- Schedules: 6 filed schedules · includes major donors and grants
- Filing history: 8 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 25 filed money-flow records
- Related organizations: 3 filed related-organization links
- 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 46/100.
- Review — Accountability: Governance controls: 4 of 9 not reported.
- High — Financial Efficiency: Fundraising efficiency scored 20/100.
- High — Sustainability: Operating margin scored 13/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Officer compensation ratio scored 37/100.
- Review — Sustainability: Liabilities to assets ratio scored 54/100.