Harford Friends School Inc DBA Friends School of Harford

EIN: 061712382 501(c)(3) Education

Fallston, MD

Total Revenue
$544,065
Total Expenses
$532,293
Total Assets
$22,106
Net Assets
$-103,207
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
MD
Phone
4108771927
Tax Period
2017-07-01 to 2018-06-30

Harford Friends School Inc DBA Friends School of Harford, founded in 2003, is a small nonprofit in the Education sector that reported $544K in total revenue in fiscal year 2017. Revenue fell 25% from the prior year — a significant decline worth monitoring.

Mission

Harford Friends School provides students the opportunity to learn in an environment guided by principles of simplicity, peace, integrity, community, equality, and stewardship. The school is designed to promote academic excellence. HFS provides a nurturing environment in which students exercise their many talents as they learn through discovery and direct instruction. We believe that by finding and developing the good in every child, each may find paths to becoming a person who strengthens self, community, and the world.

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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 (2017)

Revenue Breakdown

Contributions & Grants $237,024
Program Service Revenue $276,514
Investment Income $-453
Other Revenue $30,980
TOTAL REVENUE $544,065

Expense Breakdown

Grants Paid $0
Salaries & Benefits $367,489
Fundraising Expenses $14,174
Program Expenses $451,543
Other Expenses $164,804
TOTAL EXPENSES $532,293

Year-over-Year Comparison

2017 2016 Change
Revenue $544,065 $728,623 -0.3%
Expenses $532,293 $644,141 -0.2%
Net Income $11,772 $84,482 -0.9%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
18
Independent Members
18
Employees
26
Volunteers
N/A

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
4
$32,308
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Alice Pons Trustee 2.00
Director
$0 $0 $0
Andrew Chabolowski Trustee 2.00
Director
$0 $0 $0
William Harlan Trustee 2.00
Director
$0 $0 $0
Beth Babikow Trustee 2.00
Director
$0 $0 $0
Alice Remsburg Trustee 2.00
Director
$0 $0 $0
Lara Gagne Trustee 2.00
Director
$0 $0 $0
Mary Ellen Saterlie Trustee 2.00
Director
$0 $0 $0
Linda Derengowski Trustee 2.00
Director
$0 $0 $0
Nina Lamba Trustee 2.00
Director
$0 $0 $0
Parimal Patel Trustee 2.00
Director
$0 $0 $0
Sandra Rodenas Trustee 2.00
Director
$0 $0 $0
Dr Mary Teddy Wray Trustee 2.00
Director
$0 $0 $0
Edward Steere Trustee 2.00
Director
$0 $0 $0
Rick Garber Trustee 2.00
Director
$0 $0 $0
Nina Cerasoli Secretary 2.00
Officer
$0 $0 $0
Aimee O'Neill Treasurer 2.00
Officer
$0 $0 $0
Deborah Kissinger Chairman 10.00
Officer
$0 $0 $0
Anna Dallam Acting Hd Sch 40.00
Officer
$32,308 $0 $32,308
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
2018 $544,065 $532,293 $22,106 $11,772
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