HARVARD COMM EDUCATION FOUNDATION

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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

1996

Legal Domicile

Principal Officer

MATT YOUNG

Phone

8157191825

Tax Period

2024-01-01 to 2024-12-31

HARVARD COMM EDUCATION FOUNDATION, founded in 1996, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $219K in total revenue in fiscal year 2024. Revenue surged 281% from the prior year, signaling strong growth momentum. The organization ran a surplus of $126K, a strong 57% operating margin.

Mission

INNOVATE PROJECTS THROUGH GRANTS THAT SUPPORT CURRICULUM BASED PROGRAMS AND GO ABOVE AND BEYOND NORMAL EDUCATIONAL REQUIREMENTS.

Program Service Accomplishments

Program 1

Expenses: $5,000

AWARD SCHOLARSHIP TO GRADUATING HIGH SCHOOL SENIORS WHO HAVE ENROLLED IN COLLEGE OR TRADE SCHOOL.

Program 2

Expenses: $12,968

THE DUO PROGRAM IS AN EARLY COLLEGE PROGRAM THAT WAS CREATED THROUGH A COLLABORATIVE PARTNERSHIP BETWEEN MCHENRY COUNTY COLLEGE (MCC) AND HARVARD COMMUNITY UNIT SCHOOL DISTRICT 50. THE PROGRAM...

THE DUO PROGRAM IS AN EARLY COLLEGE PROGRAM THAT WAS CREATED THROUGH A COLLABORATIVE PARTNERSHIP BETWEEN MCHENRY COUNTY COLLEGE (MCC) AND HARVARD COMMUNITY UNIT SCHOOL DISTRICT 50. THE PROGRAM PROVIDES ACADEMICALLY- MOTIVATED STUDENTS ENROLLED IN DISTRICT 50 AN OPPORTUNITY TO EARN A HIGH SCHOOL DIPLOMA AND ASSOCIATE OF ARTS DEGREE SIMULTANEOUSLY. DURING STUDENT'S FINAL TWO YEARS OF HIGH SCHOOL, STUDENTS WILL TAKE A COMBINATION OF DUAL CREDIT COURSES OFFERED THROUGH DISTRICT 50 AT HARVARD HIGH SCHOOL, AND MCC COURSES OFFERED AT THE MCHENRY COUNTY COLLEGE CAMPUS.

Program 3

Expenses: $21,228

TO AWARD GRANTS, IN VARYING AMOUNTS, TO ENCOURAGE ACADEMIC EXCELLENCE IN THE HARVARD COMMUNITY SCHOOL DISTRICT BY PROVIDING FUNDING NOT AVAILABLE THROUGH TRADITIONAL LOCAL, STATE OR FEDERAL SOURCES. PROVIDE OPPORTUNITIES FOR TEACHERS AND STAFF TO DEVELOP INNOVATIVE PROJECTS THROUGH GRANTS THAT SUPPORT CURRICULUM-BASED PROGRAMS AND GO ABOVE AND BEYOND NORMAL EDUCATIONAL REQUIREMENTS.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,193

Program Service Revenue $0

Investment Income $181,240

Other Revenue $33,626

TOTAL REVENUE $219,059

Expense Breakdown

Grants Paid $46,696

Salaries & Benefits $0

Fundraising Expenses $40,685

Program Expenses $46,696

Other Expenses $46,793

TOTAL EXPENSES $93,489

Year-over-Year Comparison

	2024	2023	Change
Revenue	$219,059	$57,489	+2.8%
Expenses	$93,489	$91,357	+0.0%
Net Income	$125,570	$-33,868	-4.7%

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TIM CHRAPIEWICZ	DIRECTOR	2.00	Director	$0	$0	$0
MARY COOKE	SECRETARY	2.00	Director	$0	$0	$0
WAYNE JESIONOWSKI	TREASURER	2.00	Officer Director	$0	$0	$0
JACLYN JESIONOWSKI	DIRECTOR	2.00	Director	$0	$0	$0
JOHN SEEGERS	A&A COMM	2.00	Director	$0	$0	$0
MINDY SAUCEDO	DIRECTOR	2.00	Officer Director	$0	$0	$0
MATT YOUNG	PRESIDENT	2.00	Director	$0	$0	$0
MELISSA BERG	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
TAMMY BASEL	DIRECTOR	2.00	Director	$0	$0	$0
DILLON VOLTZ	DIRECTOR	2.00	Director	$0	$0	$0
LISA CHUPICH	DIRETOR	2.00	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
2025	No data	No data	No data	No data
2024	$219,059	$93,489	$2,511,272	$125,570
2023	$57,489	$91,357	$2,280,994	$-33,868
2022	$107,833	$73,365	$2,015,650	$34,468
2021	$117,164	$10,085	$2,313,256	$107,079
2020	$60,804	$41,014	$2,068,933	$19,790
2019	$122,012	$50,507	$1,836,760	$71,505
2018	$106,596	$48,455	$1,548,955	$58,141