HATBORO-HORSHAM EDUCATIONAL FOUNDATION

EIN: 232387721 501(c)(3) Education

HORSHAM, PA

Total Revenue
$199,067
Total Expenses
$241,482
Total Assets
$507,972
Net Assets
$506,964
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
PA
Principal Officer
TED HEININGER
Phone
2154205261
Tax Period
2024-07-01 to 2025-06-30

HATBORO-HORSHAM EDUCATIONAL FOUNDATION, founded in 1986, is a small nonprofit in the Education sector that reported $199K in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year. Expenses of $241K exceeded revenue, resulting in a 21% operating deficit.

Mission

THE HATBORO-HORSHAM EDUCATIONAL FOUNDATION WAS CREATED TO ENCOURAGE EXCELLENCE AND TO ENHANCE AND ENRICH EDUCATIONAL OPPORTUNITIES OFFERED TO THE STUDENTS OF THE HATBORO-HORSHAM 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 $120,096
Program Service Revenue $58,921
Investment Income $20,050
Other Revenue $0
TOTAL REVENUE $199,067

Expense Breakdown

Grants Paid $111,437
Salaries & Benefits $73,738
Fundraising Expenses $26,431
Program Expenses $111,688
Other Expenses $56,307
TOTAL EXPENSES $241,482

Year-over-Year Comparison

2024 2023 Change
Revenue $199,067 $237,501 -0.2%
Expenses $241,482 $300,428 -0.2%
Net Income $-42,415 $-62,927 -0.3%
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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Governance

Voting Members
23
Independent Members
23
Employees
2
Volunteers
23

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
5
$5
Total Directors
23
$23
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TARALEE KEPNER BOARD MEMBER 1.00
Director
$1 $0 $1
KELLY EBERLE SECRETARY 1.00
Officer Director
$1 $0 $1
BILL STONE TREASURER 1.00
Officer Director
$1 $0 $1
JENNIFER HAMMEL BOARD MEMBER 1.00
Director
$1 $0 $1
TED HEININGER FINANCIAL SECRETARY 1.00
Officer Director
$1 $0 $1
THERESA BROWN BOARD MEMBER 1.00
Director
$1 $0 $1
DREW DENARDO PRESIDENT 1.00
Officer Director
$1 $0 $1
ALEX MYERS BOARD MEMBER 1.00
Director
$1 $0 $1
CHRISTA TRIMBLE BOARD MEMBER 1.00
Director
$1 $0 $1
DR KATHLEEN PALE-DAYHOFF BOARD MEMBER 1.00
Director
$1 $0 $1
BETH SELSLEY BOARD MEMBER 1.00
Director
$1 $0 $1
SCOTT EVESLAGE ED D BOARD MEMBER 1.00
Director
$1 $0 $1
LINDA ROEHNER BOARD MEMBER 1.00
Director
$1 $0 $1
BILL WALKER BOARD MEMBER 1.00
Director
$1 $0 $1
MONICA TAYLOR ED D BOARD MEMBER 1.00
Director
$1 $0 $1
CHRISTINE JENKINS BOARD MEMBER 1.00
Director
$1 $0 $1
KATIE MATTHEWS BOARD MEMBER 1.00
Director
$1 $0 $1
SARAH CARNER BOARD MEMBER 1.00
Director
$1 $0 $1
TERESA DOYLE BOARD MEMBER 1.00
Director
$1 $0 $1
SHAWN FAGAN ED D VICE PRESIDENT 1.00
Officer Director
$1 $0 $1
STEVE GOYKHMAN BOARD MEMBER 1.00
Director
$1 $0 $1
BETH ANN OLESEN BOARD MEMBER 1.00
Director
$1 $0 $1
ADAM TANKER BOARD MEMBER 1.00
Director
$1 $0 $1
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
2025 $199,067 $241,482 $507,972 $-42,415
2024 $237,501 $300,428 $563,208 $-62,927
2023 $228,778 $221,991 $612,306 $6,787
2022 $227,713 $233,949 $605,519 $-6,236
2021 $206,209 $201,848 $614,998 $4,361
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