PALATINE, IL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)WILLIAM RAINEY HARPER COLLEGE EDUCATIONAL FOUNDATION, founded in 1973, is a community nonprofit in the Education sector that reported $2.3M in total revenue in fiscal year 2022. Revenue fell 51% from the prior year — a significant decline worth monitoring. Expenses of $6.1M exceeded revenue, resulting in a 166% operating deficit.
THE HARPER COLLEGE EDUCATIONAL FOUNDATION WAS ESTABLISHED IN 1973 AS A NON-PROFIT (501 (C)(3)) ORGANIZATION TO PROVIDE FUNDING AND RESOURCES FOR THE COLLEGE NOT AVAILABLE THROUGH NORMAL GOVERNMENT AND TAX SOURCES.VISION THE HARPER COLLEGE EDUCATIONAL FOUNDATION STRIVES TO PROVIDE ALL HARPER COLLEGE STUDENTS WITH OPPORTUNITIES TO TRANSFORM THEIR LIVES AND ENRICH THE COMMUNITY THROUGH EDUCATION WITHOUT FINANCIAL BARRIERS. MISSION THE HARPER COLLEGE EDUCATIONAL FOUNDATION CONNECTS THE COLLEGE TO THE GREATER COMMUNITY, ALUMNI, BUSINESSES AND LEADERS BY INSPIRING AND ALIGNING DONOR PASSION AND GENEROSITY THROUGH PHILANTHROPIC SUPPORT FOR STUDENTS AND PROGRAM ENRICHMENTS.
SCHOLARSHIPS: THE FOUNDATION OVERSEES MORE THAN 225 SCHOLARSHIPS AND AWARDS TO OVER 1847 INDIVIDUALS ANNUALLY. THESE SCHOLARSHIPS PROVIDE ASSISTANCE AND SUPPORT TO STUDENT SCHOLARS AND STUDENTS...
SCHOLARSHIPS: THE FOUNDATION OVERSEES MORE THAN 225 SCHOLARSHIPS AND AWARDS TO OVER 1847 INDIVIDUALS ANNUALLY. THESE SCHOLARSHIPS PROVIDE ASSISTANCE AND SUPPORT TO STUDENT SCHOLARS AND STUDENTS FACING BARRIERS TO ACADEMIC ACHIEVEMENT. PROGRAM GRANTS: THE FOUNDATION PROVIDES SEED MONEY FOR EXCELLENCE IN TEACHING AND LEARNING THROUGH THE RESOURCES FOR EXCELLENCE GRANT PROCESS. SOME PAST GRANT RECIPIENTS INCLUDE PROGRAMS THAT SERVE WOMEN, MINORITY STUDENTS AND STUDENTS WITH DISABILITIES, AS WELL AS DEGREE PROGRAMS IN THE FIELDS OF HEALTHCARE, MANUFACTURING AND SCIENCE.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $2,306,930 | $4,699,112 | -0.5% |
| Expenses | $6,141,667 | $8,180,651 | -0.2% |
| Net Income | $-3,834,737 | $-3,481,539 | +0.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| BRENDA KNOX | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| GEORGEANNA MEHR | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| RICHARD P HOHOL | PAST PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| PATTY MOYER | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| RAFAEL MALPICA | VP BOARD MEMBERSHIP | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| W BRADLEY STETSON | VP DEVELOPMENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARK W CLEARY | VP PROGRAMS | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ELLA LIBERMAN | MEMBER AT LARGE | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| RANDY L GREEN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BRIAN BATTLE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| NANCY M CASTLE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN CHAPMAN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| RAJU DATLA | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| POLLY DAVENPORT | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KATHY GILMER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ERIC HARRELL | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| STEVE JACKSON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LAURA LEBER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KIM MAGUIRE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DEIRDRE MANNA | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JOE MARTIN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MONICA MUELLER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| SAM OLIVER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| SCOT PEPPER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JAMES PFEIFFER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| WILLIAM PROVAN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| SUSAN ROGERS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DREW J SCHAEFER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JEFFREY F SRONKOSKI | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ANTHONY WAY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| THOMAS G WISCHHUSEN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MELANIE WITT | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LAURA J BROWN | (EX-OFFICIO) CHIEF ADVANCE | 20.00 |
Officer
|
$0 | $1,910 | $205,678 |
| HEATHER ZOLDAK | ASSO. EXEC. DIREC.FOUNDATI | 40.00 |
Officer
|
$0 | $21,555 | $139,712 |
| DR AVIS PROCTOR | (EX-OFFICIO) | 1.00 |
Officer
|
$0 | $0 | $0 |
| DIANE HILL | (EX-OFFICIO) TRUSTEE LIAIS | 1.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | No data | No data | No data | No data |
| 2023 | $2,306,930 | $6,141,667 | $48,432,289 | $-3,834,737 |
| 2022 | $4,699,112 | $8,180,651 | $50,154,930 | $-3,481,539 |
| 2021 | $21,902,919 | $2,905,985 | $56,698,898 | $18,996,934 |
| 2020 | $3,502,263 | $2,482,611 | $31,854,265 | $1,019,652 |
| 2019 | $8,261,041 | $1,408,908 | $30,436,175 | $6,852,133 |
Compare WILLIAM RAINEY HARPER COLLEGE EDUCATIONAL FOUNDATION with other nonprofits in Illinois and across the country.