Manheim Central School District Student Loan Fund Association

Nonprofit profile at a glance

EIN
231663795
IRS 990 coverage
2020–2024
Forms available
Form 990 2024
Location
Manheim, PA, USA
Phone
7172030458
Rating
67
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$61,010
Expenses
$1,842
Assets
$1,891,764
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • Nate Campbell (Board - President)
  • John Philips (Board - Vice President)

People named in this filing

  • Nate Campbell (Board - President)
  • John Philips (Board - Vice President)
  • Scott Moyer (Board - Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Community organization that provides student loans for Manheim Central High School graduates 208 as of September 30 2025 and 1,117 in our 69 years that pursue further education. The maximum loan is $16,000 and distributed to the college university trade school annually in equal installments over four years. Payment including interest is deferred while students are completing education and matures must be repaid within five years of receiving associates or bachelors degree trade school certificate or leaving school.

What it reported doing in 2024

As of September 30 2025 208 Manheim Central High School graduates have received loans with 110 borrowers enrolled full-time and pursuing undergraduate degrees; 44 borrowers in payment deferred status 2025 graduates or post-graduate continuing education; and 43 borrowers in repayment. Manheim Central High School graduates apply for loans and if demand exceeds available funding recipients are selected based on criteria that includes but not limited to academic achievement community service social activities need and other considerations. 42 new loans were granted during the fiscal year ended September 30 2025. Total loan disbursements were $373,792 during the fiscal year ended September 30 2025. As noted in Part 1 of this Form 990 funding is received through contributions from Manheim businesses and community leaders and interest from restricted funds held at local financial institutions of $33,901 and $9,731 respectively during the fiscal year ended September 30 2005. Revenue includes $17,378 of interest income from student loans during the fiscal year ended September 30 2025 and that is non-cash as this interest income is incorporated into the borrowers loan principal outstanding annually on January 1. As the Association is all 100% volunteers from and associated with the Manheim Pennsylvania community expenses of operating the Association were just $1,842 during the fiscal year ended September 30 2025 and were related to services provided by local financial institutions borrower correspondence and webpage on-line hosting services.

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 and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 37
  • Transparency & Controls: 92
  • Accountability: 76
  • Sustainability: 91
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 5.6%; rating input score 6
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 97%; rating input score 99; 99th percentile among comparable filings
  • Total-asset coverage ratio: 1,027.02; rating input score 99; 99th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: 36.7% per year; rating input score 100; 91st percentile among comparable filings
  • Revenue growth: 4.2% per year; rating input score 100; 75th percentile among comparable filings
  • Asset growth: 3.5% per year; rating input score 100; 60th percentile among comparable filings

Details

  • Where the money goes: 5.6% of revenue deployed · 100% of spending went to programs
  • Governance: 11 of 11 board members independent · 3 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $2K in reported program spending
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 41 of 41 current checks pass
  • Schedules: 3 filed schedules · includes major donors
  • Filing history: 4 filing years from 2020 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.

  • High — Financial Efficiency: Mission deployment rate scored 6/100.
  • Moderate — Accountability: Governance controls: 3 of 6 not reported.