PENN-HARRIS MADISON EDUCATIONAL FOUNDATION INC

EIN: 351996785 501(c)(3) Philanthropy & Grantmaking

MISHAWAKA, IN

Total Revenue
$206,063
Total Expenses
$250,111
Total Assets
$1,276,835
Net Assets
$1,245,647
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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
1995
Legal Domicile
IN
Principal Officer
JENNIFER TURNBLOM
Phone
5742542893
Tax Period
2022-07-01 to 2023-06-30

PENN-HARRIS MADISON EDUCATIONAL FOUNDATION INC, founded in 1995, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $206K in total revenue in fiscal year 2022. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $250K exceeded revenue, resulting in a 21% operating deficit.

Mission

TO SUPPORT EXCELLENCE IN EDUCATION IN P-H-M SCHOOLS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $181,244
Program Service Revenue $0
Investment Income $1,796
Other Revenue $23,023
TOTAL REVENUE $206,063

Expense Breakdown

Grants Paid $134,203
Salaries & Benefits $87,623
Fundraising Expenses $9,834
Program Expenses $223,574
Other Expenses $28,285
TOTAL EXPENSES $250,111

Year-over-Year Comparison

2022 2021 Change
Revenue $206,063 $275,573 -0.3%
Expenses $250,111 $226,516 +0.1%
Net Income $-44,048 $49,057 -1.9%
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
25
Independent Members
25
Employees
3
Volunteers
128

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
5
$48,431
Total Directors
26
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ADAM ALLSOP TREASURER 1.00
Officer Director
$0 $0 $0
BRAD MEIER PRESIDENT 1.00
Officer Director
$0 $0 $0
JIM TUESLEY ESQ SECRETARY 1.00
Officer Director
$0 $0 $0
PETE GILLIN BOARD MEMBER (PAST PRESIDENT) 1.00
Officer Director
$0 $0 $0
ANN AMICO MORAN BOARD MEMBER 0.25
Director
$0 $0 $0
CARI WILSON BOARD MEMBER 0.25
Director
$0 $0 $0
CLARE ROACH PHM SCHOOL BOARD REP 0.25
Director
$0 $0 $0
DARCY BLOSS BOARD MEMBER 0.25
Director
$0 $0 $0
DONNA THACKER BOARD MEMBER 0.25
Director
$0 $0 $0
FARIN HENDERSON BOARD MEMBER 0.25
Director
$0 $0 $0
JEN CRAIG BOARD MEMBER 0.25
Director
$0 $0 $0
JEN SMOKER BOARD MEMBER 0.25
Director
$0 $0 $0
JENNIFER HANYZEWSKI BOARD MEMBER 0.25
Director
$0 $0 $0
JILL LEBBIN BOARD MEMBER 0.25
Director
$0 $0 $0
JOAN RENBARGER BOARD MEMBER 0.25
Director
$0 $0 $0
KRISTINE MOORE BOARD MEMBER (PAST PRESIDENT) 0.25
Director
$0 $0 $0
LISA LANGFELDT PHMTA REP 0.25
Director
$0 $0 $0
LUCHA RAMEY STAFF LIASON 0.25
Director
$0 $0 $0
MARY STINES PRESIDENT-ELECT 0.25
Director
$0 $0 $0
NICOLE TOWNER BOARD MEMBER 0.25
Director
$0 $0 $0
PATRICIA MCNARNEY BOARD MEMBER (PAST PRESIDENT) 0.25
Director
$0 $0 $0
PATTY BUHR BOARD MEMBER 0.25
Director
$0 $0 $0
RIKKI TUESLEY BOARD MEMBER 0.25
Director
$0 $0 $0
SHANON BUARI BOARD MEMBER 0.25
Director
$0 $0 $0
STEPHANIE LEHMANN BOARD MEMBER 0.25
Director
$0 $0 $0
TODD BROWN BOARD MEMBER 0.25
Director
$0 $0 $0
JENNIFER TURNBLOM LEFT BOARD AFTER EXECUTIVE DIRECTOR 30.00
Officer
$48,431 $0 $48,431
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 No data No data No data No data
2023 $206,063 $250,111 $1,276,835 $-44,048
2022 $275,573 $226,516 $1,372,276 $49,057
2021 $198,277 $235,968 $1,387,642 $-37,691
2020 $210,676 $224,673 $1,231,797 $-13,997
2019 $325,339 $539,755 $1,147,218 $-214,416
2018 $182,061 $293,729 $1,355,372 $-111,668
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