WILLARD HSA INC

EIN: 223596379 501(c)(3) Education

RIDGEWOOD, NJ

Total Revenue
$184,379
Total Expenses
$138,429
Total Assets
$70,520
Net Assets
$70,520
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
NJ
Principal Officer
ERIN JACQUES FRANZESE
Phone
2016702720
Tax Period
2023-07-01 to 2024-06-30

WILLARD HSA INC, founded in 1998, is a small nonprofit in the Education sector that reported $184K in total revenue in fiscal year 2023. Revenue surged 30% from the prior year, signaling strong growth momentum. The organization ran a surplus of $46K, a strong 25% operating margin.

Mission

THE WILLARD HOME AND SCHOOL ASSOCIATION (HSA) IS A 501(C)(3) NON-PROFIT ORGANIZATION DEDICATED TO SUPPORTING THE LIVES OF OUR STUDENTS, PARENTS, AND EDUCATORS. WE PROVIDE RESOURCES AND ENCOURAGE COMMUNICATION AND INVOLVEMENT IN OUR SCHOOL AND COMMUNITY AT LARGE. OUR GOAL IS TO ESTABLISH A CLOSE RELATIONSHIP BETWEEN HOME AND SCHOOL BY OFFERING OPPORTUNITIES FOR ALL PARENTS TO BE INVOLVED IN THEIR CHILDREN'S ELEMENTARY EXPERIENCE.THE WILLARD HSA STRIVES TO ENRICH THE LEARNING ENVIRONMENT OF ALL WILLARD STUDENTS. WE SOURCE AND FUND A DIVERSE OFFERING OF PRESENTATIONS, ASSEMBLIES, AND WORKSHOPS TO ENRICH THE ALREADY OUTSTANDING ACADEMIC CURRICULUM. THROUGH SELECTIVE FUNDRAISING, WE ARE ABLE TO PROVIDE SUPPLEMENTAL EDUCATIONAL MATERIALS AND EXPERIENCES, SUPPORT SCHOOL AND FAMILY SOCIAL INTERACTION, FUND CAPITAL PROJECTS AT THE SCHOOLS, AND PROVIDE A FORUM FOR SHARING INFORMATION ON ISSUES THAT IMPACT OUR CHILDREN.

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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 (2023)

Revenue Breakdown

Contributions & Grants $38,594
Program Service Revenue $35,121
Investment Income $429
Other Revenue $110,235
TOTAL REVENUE $184,379

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $124,467
Other Expenses $138,429
TOTAL EXPENSES $138,429

Year-over-Year Comparison

2023 2022 Change
Revenue $184,379 $141,701 +0.3%
Expenses $138,429 $187,883 -0.3%
Net Income $45,950 $-46,182 -2.0%
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

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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
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
10
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATE HEIGHINGTON ASSISTANT DEVELOPMENT CHAIR 3.00
Officer Director
$0 $0 $0
GRACE CORBRAN DEVELOPMENT CHAIR 5.00
Officer Director
$0 $0 $0
FREDDY PASTORE ASSISTANT TREASURER 3.00
Officer Director
$0 $0 $0
ERIN JACQUES FRANZESE TREASURER 5.00
Officer Director
$0 $0 $0
CINDY O'DWYER ASSISTANT FUNDRAISING CHAIR 3.00
Officer Director
$0 $0 $0
MATYLDA SPATARO FUNDRAISING CHAIR 5.00
Officer Director
$0 $0 $0
MEG CONATON EXECUTIVE VICE PRESIDENT & SECRETARY 5.00
Officer Director
$0 $0 $0
CAROLINE HOFFMAN PRINCIPAL VICE PRESIDENT (PRINCIPAL OF THE SCHOOL) 5.00
Officer Director
$0 $0 $0
STACIE TARANTO CO-PRESIDENT 5.00
Officer Director
$0 $0 $0
GABRIELLE SULLIVAN EXECUTIVE PRESIDENT 10.00
Officer 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 $184,379 $138,429 $70,520 $45,950
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