HANOVER FOUNDATION FOR EXCELLENCE IN EDUCATION INC

EIN: 020575282 501(c)(3) Education

HANOVER, PA

Total Revenue
$212,233
Total Expenses
$188,736
Total Assets
$225,584
Net Assets
$225,584
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
PA
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 SUPPORT THE INNOVATIVE EDUCATIONAL PROGRAMS CONDUCTED BY HANOVER PUBLIC SCHOOL DISTRICT.

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Trantor Score

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

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

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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
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
4

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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
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
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