HAVERFORD PARTNERSHIP FOR ECONOMIC DEVELOPMENT

EIN: 272003423 501(c)(3) Community Improvement

HAVERTOWN, PA

Total Revenue
$282,424
Total Expenses
$191,310
Total Assets
$223,859
Net Assets
$184,584
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
PA
Principal Officer
JONATHAN DRUHAN
Phone
6109455822
Tax Period
2023-01-01 to 2023-12-31

HAVERFORD PARTNERSHIP FOR ECONOMIC DEVELOPMENT, founded in 2010, is a small nonprofit in the Community Improvement sector that reported $282K in total revenue in fiscal year 2023. Revenue surged 71% from the prior year, signaling strong growth momentum. The organization ran a surplus of $91K, a strong 32% operating margin.

Mission

DISCOVER HAVERFORD (HPED)IS A 501C3 NONPROFIT ORGANIZATION THAT FACILITATES GOVERNMENT, BUSINESSES, COMMERCIAL PROPERTY OWNERS AND RESIDENTS WORKING TOGETHER TO PROMOTE ECONOMIC GROWTH THROUGHOUT HAVERFORD TOWNSHIP. DISCOVER HAVERFORD BOOSTS THE LOCAL ECONOMY BY SUPPORTING BUSINESSES, ENHANCING THE IMAGE OF HAVERFORD TOWNSHIP, AND REVITALIZING OUR BUSINESS DISTRICTS AND PUBLIC SPACES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $108,163
Program Service Revenue $127,434
Investment Income $3,532
Other Revenue $43,295
TOTAL REVENUE $282,424

Expense Breakdown

Grants Paid $0
Salaries & Benefits $83,642
Fundraising Expenses $8,363
Program Expenses $144,430
Other Expenses $107,668
TOTAL EXPENSES $191,310

Year-over-Year Comparison

2023 2022 Change
Revenue $282,424 $165,108 +0.7%
Expenses $191,310 $154,398 +0.2%
Net Income $91,114 $10,710 +7.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
11
Independent Members
11
Employees
5
Volunteers
150

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
12
$46,453
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEANNE ANGELL EXECUTIVE DI 28.00
Director
$46,453 $0 $46,453
COLETTE BANNAN BOARD MEMBER 1.00
Director
$0 $0 $0
JENN BAZYDLO BOARD MEMBER 1.00
Director
$0 $0 $0
ANGELO CAPUZZI BOARD MEMBER 1.00
Director
$0 $0 $0
JONATHAN DRUHAN PRESIDENT 1.00
Officer Director
$0 $0 $0
CHRISTINE FARIS SECRETARY 1.00
Officer Director
$0 $0 $0
DONALD KELLY BOARD MEMBER 1.00
Director
$0 $0 $0
DEREK KOFFEL VICE PRESIDE 1.00
Officer Director
$0 $0 $0
GEORGE LAVIN BOARD MEMBER 1.00
Director
$0 $0 $0
WALTER MCMAHON TREASURER 1.00
Officer Director
$0 $0 $0
ANGELA SERENSKY BOARD MEMBER 1.00
Director
$0 $0 $0
MELISSA SHAW BOARD MEMBER 1.00
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 No data No data No data No data
2023 $282,424 $191,310 $223,859 $91,114
Explore More Nonprofits
Top 100 Nonprofits in Pennsylvania Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare HAVERFORD PARTNERSHIP FOR ECONOMIC DEVELOPMENT with other nonprofits in Pennsylvania and across the country.