HANOVER FOUNDATION FOR EXCELLENCE … - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2001

Legal Domicile

Principal Officer

PETER SHEPPARD

Phone

7176379000

Tax Period

2019-01-01 to 2019-12-31

HANOVER FOUNDATION FOR EXCELLENCE IN EDUCATION INC, founded in 2001, is a small nonprofit in the Education sector that reported $212K in total revenue in fiscal year 2019. Revenue decreased 9% compared to the prior year. Expenses of $189K left a modest 11% surplus.

Mission

TO SUPPPORT INNOVATIVE EDUCATIONAL PROGRAMS CONDUCTED AT HANOVER PUBLIC SCHOOL DISTRICT IN HANOVER, PENNSYLVANIA.

Program Service Accomplishments

Program 1

Expenses: $185,586

TO SUPPORT THE INNOVATIVE EDUCATIONAL PROGRAMS CONDUCTED BY HANOVER PUBLIC SCHOOL DISTRICT. PROJECTS INCLUDE BUT ARE NOT LIMITED TO:* IMAGINATION LIBRARY* METAL LAB* JUNIOR ACHIEVEMENT "BIZ TOWN"*...

TO SUPPORT THE INNOVATIVE EDUCATIONAL PROGRAMS CONDUCTED BY HANOVER PUBLIC SCHOOL DISTRICT. PROJECTS INCLUDE BUT ARE NOT LIMITED TO:* IMAGINATION LIBRARY* METAL LAB* JUNIOR ACHIEVEMENT "BIZ TOWN"* NINTH GRADE CAREER ACADEMY* ONE ON ONE INITIATIVE COMPUTERS* MUSIC PROGRAM* FAMILY AND CONSUMER SCIENCES PROGRAM* VIRTUAL REALITY PROGRAM* CLASSROOM LESSON VIDEOS

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $211,820

Program Service Revenue $0

Investment Income $413

Other Revenue $0

TOTAL REVENUE $212,233

Expense Breakdown

Grants Paid $185,586

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $185,586

Other Expenses $3,150

TOTAL EXPENSES $188,736

Year-over-Year Comparison

	2019	2018	Change
Revenue	$212,233	$234,045	-0.1%
Expenses	$188,736	$227,767	-0.2%
Net Income	$23,497	$6,278	+2.7%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PETER SHEPPARD	PRESIDENT	1.00	Officer Director	$0	$0	$0
RUSSELL WILLIAMS	VICE PRESIDENT/SECRETARY	1.00	Officer Director	$0	$0	$0
SCOTT ROLAND	BOARD MEMBER	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2019	$212,233	$188,736	$225,584	$23,497
2018	$234,045	$227,767	$202,087	$6,278

HANOVER FOUNDATION FOR EXCELLENCE IN EDUCATION INC