VALLEY FORGE EDUCATIONAL SERVICES

EIN: 236050757 501(c)(3) Education

MALVERN, PA

Total Revenue
$30,180,368
Total Expenses
$26,187,622
Total Assets
$44,442,227
Net Assets
$38,266,681
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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
1959
Legal Domicile
PA
Principal Officer
THOMAS QUINN
Phone
6102966725
Tax Period
2024-07-01 to 2025-06-30

VALLEY FORGE EDUCATIONAL SERVICES, founded in 1959, is a mid-sized nonprofit in the Education sector that reported $30.2M in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $26.2M left a modest 13% surplus.

Mission

APPROVED PRIVATE SCHOOL OFFERING EDUC. AND EMPLOY. RELATED OPPORTUNITIES FOR SPECIAL NEEDS 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 (2024)

Revenue Breakdown

Contributions & Grants $347,824
Program Service Revenue $26,318,902
Investment Income $3,360,223
Other Revenue $153,419
TOTAL REVENUE $30,180,368

Expense Breakdown

Grants Paid $76,103
Salaries & Benefits $21,750,076
Fundraising Expenses $371,914
Program Expenses $22,543,522
Other Expenses $4,361,443
TOTAL EXPENSES $26,187,622

Year-over-Year Comparison

2024 2023 Change
Revenue $30,180,368 $24,559,756 +0.2%
Expenses $26,187,622 $24,157,523 +0.1%
Net Income $3,992,746 $402,233 +8.9%
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

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
13
Independent Members
13
Employees
349
Volunteers
144

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
$624,483
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM E HENNESSEY CPA BOARD CHAIR 1.00
Officer Director
$0 $0 $0
VICTORIA MOSCHELLA BOARD VICE CHAIR 1.00
Officer Director
$0 $0 $0
JACK BIRNBAUM BOARD TRUSTEE 1.00
Director
$0 $0 $0
DR CONSTANCE E BOMPADRE BOARD TRUSTEE 1.00
Director
$0 $0 $0
C AARON BRIGGS BOARD TRUSTEE 1.00
Director
$0 $0 $0
MARK C HELLER BOARD TRUSTEE 1.00
Director
$0 $0 $0
MATTHEW HILDENBRAND BOARD TRUSTEE 1.00
Director
$0 $0 $0
PATRICK NOONAN BOARD TRUSTEE 1.00
Director
$0 $0 $0
DEVANG PATEL BOARD TRUSTEE 1.00
Director
$0 $0 $0
ALLISON SIMS BOARD TRUSTEE 1.00
Director
$0 $0 $0
KRISTEN M WATERFIELD BOARD TRUSTEE 1.00
Director
$0 $0 $0
CHRISTLE SEAL BOARD TRUSTEE 1.00
Director
$0 $0 $0
THAD BRACEGIRDLE BOARD TRUSTEE 1.00
Director
$0 $0 $0
ELIZABETH LADD CFO/TREASURER 37.50
Officer
$169,529 $40,414 $209,943
CAROL REDDITT BOARD SECRETARY 37.50
Officer
$71,895 $17,864 $89,759
THOMAS QUINN EXECUTIVE DIRECTOR 37.50
Officer
$129,929 $10,470 $140,399
GRACE FORNICOLA EXECUTIVE DIRECTOR(UNTIL 7/3/24) 37.50
Officer
$165,389 $18,993 $184,382
LISA WOOD DIRECTOR OF EDUCATION 37.50
Highest
$140,004 $33,404 $173,408
VICTORIA FRINGER DIRECTOR OF IT 37.50
Highest
$140,158 $24,337 $164,495
THOMAS SMITH ASST. DIR. OF EDUCATION 37.50
Highest
$111,721 $21,252 $132,973
ELIZBETH BURCKLEY ASST. DIRECTOR OF RELATED SERVICES 36.30
Highest
$116,855 $21,110 $137,965
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 $30,180,368 $26,187,622 $44,442,227 $3,992,746
2024 $24,559,756 $24,157,523 $39,012,424 $402,233
2023 $21,257,864 $20,605,451 $35,771,729 $652,413
2022 $20,218,113 $20,111,127 $33,395,949 $106,986
2021 $18,795,775 $17,497,019 $34,376,837 $1,298,756
2020 $19,020,521 $17,686,110 $28,238,104 $1,334,411
2019 $18,350,704 $17,660,148 $27,718,342 $690,556
2018 $17,602,630 $16,712,619 $25,859,669 $890,011
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