North Penn School District Educational Foundation

What it reported doing in 2024

The foundation is committed to enriching the education and lives of more than 13,000 students in the north penn school district's (npsd) 18 schools. The foundation provides grants to npsd educators to support and complement their subject area's curriculum and create innovative student engagement which leads to improved learning and comprehension. The variety of grants cover every core curriculum area and dozens of diverse, specialized areas of educational enrichment. Grants from the foundation provide classroom equipment, field trips, project materials, program software, guest speakers and more. See additional information on schedule o. In fy 2024-2025, highlights include purchasing the hitachi tm 4000+ scanning electron microscope for the high school. Once available only on loan, this cutting-edge instrument will now remain permanently at the high school through a partnership with hitachi. With this addition, nphs becomes the only high school in the nation to own a scanning electron microscope. Another great program was the reading superbowl in which 80 nphs football players visited all 13 elementary schools to read to students and inspire a love of literacy. The event allowed players to serve as role models and develop leadership skills. New this year was the soup-er bowl initiative which encouraged community members to donate canned goods, which benefitted a local food pantry. Another example is pennbrook middle school's after-school sewing club that got creative to support cancer patients. Students met once a month to work on sewing projects for charity, and made 50 pillows shaped like hearts for cancer patients going through treatment.

Financial Efficiency

• Mission deployment rate: 69.8%; rating input score 70
• Program expense ratio: 95.3%; rating input score 95
• Fundraising efficiency: $28.28 raised per $1 spent on fundraising; rating input score 66; 66th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
• Pay-setting controls: 0 of 6 controls in place; rating input score 0
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Missing
• 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: 94.7%; rating input score 95; 26th percentile among comparable filings
• Governance controls: 6 of 8 controls in place; rating input score 75
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Fail
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: 30.8%; rating input score 83; 83rd percentile among comparable filings
• Total-asset coverage ratio: 2.68; rating input score 66; 66th percentile among comparable filings
• Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
• Officer compensation ratio: 41.6%; rating input score 6; 6th percentile among comparable filings

Growth

• Program expense growth: 5% per year; rating input score 100; 54th percentile among comparable filings
• Revenue growth: 11.2% per year; rating input score 100; 75th percentile among comparable filings
• Asset growth: 9.6% per year; rating input score 100; 65th percentile among comparable filings