HOPEWELL VALLEY EDUCATION FOUNDATION INC

EIN: 223235943 501(c)(3) Philanthropy & Grantmaking

PENNINGTON, NJ

Total Revenue
$257,784
Total Expenses
$35,589
Total Assets
$456,489
Net Assets
$456,489
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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
1994
Legal Domicile
NJ
Principal Officer
JEFF DECICCO
Phone
6097374000
Tax Period
2024-01-01 to 2024-12-31

HOPEWELL VALLEY EDUCATION FOUNDATION INC, founded in 1994, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $258K in total revenue in fiscal year 2024. Revenue surged 337% from the prior year, signaling strong growth momentum. The organization ran a surplus of $222K, a strong 86% operating margin.

Mission

ENRICH SCHOOL DISTRICT PROGRAMS FOR STUDENTS OF THE HOPEWELL VALLEY REGIONAL 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 (2024)

Revenue Breakdown

Contributions & Grants $229,457
Program Service Revenue $0
Investment Income $6,665
Other Revenue $21,662
TOTAL REVENUE $257,784

Expense Breakdown

Grants Paid $22,972
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $30,172
Other Expenses $12,617
TOTAL EXPENSES $35,589

Year-over-Year Comparison

2024 2023 Change
Revenue $257,784 $58,995 +3.4%
Expenses $35,589 $40,123 -0.1%
Net Income $222,195 $18,872 +10.8%
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
17
Independent Members
17
Employees
N/A
Volunteers
30

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
6
$0
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Teresa Rinaldi Moriello PRESIDENT 15.00
Officer Director
$0 $0 $0
Cynthia Saindon PRESIDENT 15.00
Officer Director
$0 $0 $0
Frank McConnell VICE PRESIDENT 10.00
Officer Director
$0 $0 $0
Kathy Mikalsen VICE PRESIDENT 10.00
Officer Director
$0 $0 $0
Robert Flanagan SECRETARY 5.00
Officer Director
$0 $0 $0
Jeff DeCicco TREASURER 10.00
Officer Director
$0 $0 $0
Bill Carter Board Member 1.00
Director
$0 $0 $0
Christine Carter Board Member 1.00
Director
$0 $0 $0
Danielle Flores Board Member 1.00
Director
$0 $0 $0
Devon Garber Board Member 1.00
Director
$0 $0 $0
Terri Genova Board Member 1.00
Director
$0 $0 $0
Jon Hunt Board Member 1.00
Director
$0 $0 $0
Carol Jackson Board Member 1.00
Director
$0 $0 $0
Kevin Kuchinski Board Member 1.00
Director
$0 $0 $0
Susan Promislo Board Member 1.00
Director
$0 $0 $0
Aislinn Ronaghan Board Member 1.00
Director
$0 $0 $0
Arvinder AP Singh 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
2024 $257,784 $35,589 $456,489 $222,195
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