Hendersonville High School Alumni Association Inc
Nonprofit profile at a glance
- EIN
- 562235074
- IRS 990-EZ coverage
- 2018–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2017
- Location
- Hendersonville, NC, USA
- Phone
- 8286922583
- Rating
- 95
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Alumni Associations
Reported finances
- Revenue
- $65,133
- Expenses
- $63,398
- Assets
- $475,491
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- JAN S WAYNE (PRESIDENT)
People named in this filing
- JAN S WAYNE (PRESIDENT)
- CAREY O'CAIN (VICE PRESIDE)
- KANIKA FOX (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
To preserve the hhs traditions, support improvement of academics, communicate with alumni and assure continuation of hhs heritage.
What it reported doing in 2024
The hhsaa john brooks williams memorial scholarship was formed in 2005 after the receipt of a 100,000 donation from the estate of mr. Williams, a 1938 hhs graduate. The scholarship is a four-year renewable scholarship presented to a graduating senior of hhs who has shown academic potential, personal motivation and high goals for their future. The kate garrison scholarship fund was established in a prior year as a renewable four year scholarship to a graduating senior who has shown the same attributes as the john brooks williams memorial scholarship as detailed above. Over the years additional scholarships have been provided to graduating seniors as non renewable one year scholarships for students attending either community colleges or four year schools of higher education.
Operating model
- Revenue model
- Donor-supported. 80% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 77% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 95
- Transparency & Controls: 100
- Sustainability: 57
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 94.7%; rating input score 95
- Program expense ratio: 96%; rating input score 96
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: 2.7%; rating input score 51; 51st percentile among comparable filings
- Total-asset coverage ratio: 7.5; rating input score 89; 89th 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: 3.4% per year; rating input score 100; 58th percentile among comparable filings
- Revenue growth: 1.4% per year; rating input score 100; 58th percentile among comparable filings
- Asset growth: 4.6% per year; rating input score 100; 57th percentile among comparable filings
Details
- Where the money goes: 94.7% of revenue deployed · 96% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $61K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 7 filing years from 2018 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.
- Review — Sustainability: Operating margin scored 51/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.