VNA OF HANOVER - SPRING GROVE ENDOWMENT FUNDS INC

EIN: 233007865 501(c)(3)

HANOVER, PA

Total Revenue
$228,549
Total Expenses
$652,257
Total Assets
$9,888,511
Net Assets
$9,236,299
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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
1998
Legal Domicile
PA
Principal Officer
KEVIN MALONEY
Phone
7176371227
Tax Period
2025-01-01 to 2025-12-31

VNA OF HANOVER - SPRING GROVE ENDOWMENT FUNDS INC, founded in 1998, is a small nonprofit that reported $229K in total revenue in fiscal year 2025. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $652K exceeded revenue, resulting in a 185% operating deficit.

Mission

HOLD, MANAGE, AND INVEST CONTRIBUTED FUNDS, AND DISTRIBUTE THE INCOME THEREFROM TO PROMOTE QUALITY HOME HEALTH CARE, TO PROVIDE OTHERWISE UNFUNDED HOME HEALTH CARE TO INDIVIDUALS IN NEED AND TO PROVIDE NURSING SCHOLARSHIPS TO DESERVING STUDENTS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $1,700
Program Service Revenue $0
Investment Income $226,849
Other Revenue $0
TOTAL REVENUE $228,549

Expense Breakdown

Grants Paid $636,967
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $636,967
Other Expenses $15,290
TOTAL EXPENSES $652,257

Year-over-Year Comparison

2025 2024 Change
Revenue $228,549 $304,523 -0.2%
Expenses $652,257 $614,422 +0.1%
Net Income $-423,708 $-309,899 +0.4%
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
9
Independent Members
9
Employees
N/A
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
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MATTHEW GUTHRIE BOARD MEMBER 1.00
Director
$0 $0 $0
ASHLEY HERSHEY SECRETARY 1.00
Officer Director
$0 $0 $0
ANGELA KLUNK BOARD MEMBER 1.00
Director
$0 $0 $0
DONNA MULLER TREASURER 1.00
Officer Director
$0 $0 $0
KAREN NELSON BOARD MEMBER 1.00
Director
$0 $0 $0
ANDREW RIGGLE BOARD MEMBER 1.00
Director
$0 $0 $0
DWAIN SMITH BOARD CHAIR 1.00
Officer Director
$0 $0 $0
GEORGE TURNER BOARD MEMBER 1.00
Director
$0 $0 $0
MARK BERNIER BOARD MEMBER 1.00
Director
$0 $0 $0
KEVIN MALONEY PRESIDENT & 1.00
Officer
$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
2025 $228,549 $652,257 $9,888,511 $-423,708
2024 $304,523 $614,422 $9,036,655 $-309,899
2023 $199,496 $1,409,687 $8,492,286 $-1,210,191
2022 $174,563 $170,302 $8,049,392 $4,261
2021 $178,566 $481,920 $10,210,917 $-303,354
2020 $168,885 $597,094 $9,506,001 $-428,209
2019 $192,401 $248,700 $8,470,787 $-56,299
2018 $305,644 $234,675 $7,157,746 $70,969
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