Hopewell Valley Education Foundation Inc

Nonprofit profile at a glance

EIN
223235943
IRS 990-EZ coverage
2010–2025
Forms available
Form 990 2024, Form 990-EZ 2025
Location
Pennington, NJ, USA
Phone
6097374000
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Public Foundations

Reported finances

Revenue
$69,364
Expenses
$54,405
Assets
$479,154

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

19 people listed

Executive titles in this filing

  • Teresa Rinaldi Moriello (PRESIDENT)
  • Cynthia Hoenes (PRESIDENT)
  • Devon Garber (VICE PRESIDENT)
  • Kathy Mikalsen (VICE PRESIDENT)

People named in this filing

  • Teresa Rinaldi Moriello (PRESIDENT)
  • Cynthia Hoenes (PRESIDENT)
  • Devon Garber (VICE 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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Enrich school district programs for students

What it reported doing in 2025

Hopewell valley regional school district (theater artsprogram, programming for senior citizens, physical education programming, challenge day program, distinguished graduates program)

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 84% of its reported program spending out as grants.

The verdict

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Program spending has declined or grown slowly and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 79
  • Transparency & Controls: 100
  • Sustainability: 68
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 74%; rating input score 74
  • Program expense ratio: 86.7%; rating input score 87

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 21.6%; rating input score 73; 73rd percentile among comparable filings
  • Total-asset coverage ratio: 8.81; rating input score 91; 91st 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% per year; rating input score 0; 40th percentile among comparable filings
  • Revenue growth: 3.6% per year; rating input score 100; 64th percentile among comparable filings
  • Asset growth: 13.4% per year; rating input score 100; 76th percentile among comparable filings

Details

  • Where the money goes: 74% of revenue deployed · 86.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $47K in reported program spending
  • Leadership: top reported pay $0 · 19 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 13 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 1 filed related-organization link
  • 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 — Growth: Program expense growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.