HENRY & KATHERINE HARE MEMORIAL SCH

EIN: 316356695 501(c)(3)

MARIETTA, OH

Total Revenue
$10,630
Total Expenses
$10,691
Total Assets
$150,487
Net Assets
$150,487
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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
1988
Legal Domicile
OH
Phone
9373821441
Tax Period
2024-01-01 to 2024-12-31

HENRY & KATHERINE HARE MEMORIAL SCH, founded in 1988, is a micro nonprofit that reported $11K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Net assets of $150K represent 170 months of operating reserves.

Mission

Scholarships for Wilmington College 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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $10,630
Other Revenue $0
TOTAL REVENUE $10,630

Expense Breakdown

Grants Paid $6,806
Salaries & Benefits $2,672
Fundraising Expenses $0
Program Expenses $10,690
Other Expenses $1,213
TOTAL EXPENSES $10,691

Year-over-Year Comparison

2024 2023 Change
Revenue $10,630 $9,619 +0.1%
Expenses $10,691 $11,215 0.0%
Net Income $-61 $-1,596 -1.0%
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
1
Independent Members
N/A
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
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A Trustee 1.0
$2,673 $0 $2,673
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 No data No data No data No data
2024 $10,630 $10,691 $150,487 $-61
2023 $9,619 $11,215 $150,584 $-1,596
2022 $3,694 $10,805 $152,207 $-7,111
2021 $13,619 $5,437 $159,358 $8,182
2020 $8,965 $5,306 $151,176 $3,659
2019 $7,563 $5,925 $147,517 $1,638
2018 $11,470 $5,729 $145,841 $5,741
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