THE HARDY CENTER INC

EIN: 383917592 501(c)(3) Public & Societal Benefit

COLUMBUS, OH

Total Revenue
$708,072
Total Expenses
$276,994
Total Assets
$101,989
Net Assets
$55,825
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
OH
Principal Officer
STEPHEN GARLAND
Phone
6142673733
Tax Period
2024-01-01 to 2024-12-31

THE HARDY CENTER INC, founded in 2014, is a small nonprofit in the Public & Societal Benefit sector that reported $708K in total revenue in fiscal year 2024. Revenue surged 134% from the prior year, signaling strong growth momentum. The organization ran a surplus of $431K, a strong 61% operating margin.

Mission

WE PREPARE YOUNG MINDS FOR PROSPEROUS AND IMPACTFUL FUTURES THROUGH THE APPLICATION OF LITERACY, LIFE SKILLS AND LEADERSHIP, WHILE EMBRACING TRADITIONAL VALUES AND INCORPORATING INNOVATIVE METHODS OF TEACHING TO FOSTER HOLISTIC DEVELOPMENT.

Program Service Accomplishments

Program 1
Expenses: $215,397

THE HARDY CENTER HAS EXPERIENCED MEANINGFUL GROWTH ACROSS ALL AREAS OF OUR PROGRAM-SUPPORTING MORE STUDENTS, ENGAGING MORE FAMILIES, AND EXPANDING OUR TEAM OF DEDICATED TUTORS. OUR MISSION TO BRIDGE...

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THE HARDY CENTER HAS EXPERIENCED MEANINGFUL GROWTH ACROSS ALL AREAS OF OUR PROGRAM-SUPPORTING MORE STUDENTS, ENGAGING MORE FAMILIES, AND EXPANDING OUR TEAM OF DEDICATED TUTORS. OUR MISSION TO BRIDGE LEARNING GAPS HAS POSITIVELY TRANSFORMED THE ACADEMIC TRAJECTORIES OF THE CHILDREN WE SERVE. NOTABLY, 90% OF OUR STUDENTS ARE NOW PERFORMING AT OR ABOVE GRADE LEVEL. STUDENTS IN KINDERGARTEN THROUGH THIRD GRADE AVERAGED 89% IN READING ON THEIR REPORT CARDS, EXCEEDING EXPECTATIONS. ON THE READING A-Z PLATFORM, 100% OF STUDENTS MADE MEASURABLE PROGRESS TOWARD THE NEXT READING LEVEL, WITH MORE THAN 30% ADVANCING BY AT LEAST ONE LEVEL IN JUST TWO MONTHS OF FOCUSED INSTRUCTION. THIS SUCCESS IS DRIVEN BY OUR HIGH-DOSE TUTORING MODEL, DELIVERING NEARLY 300 ADDITIONAL HOURS OF ACADEMIC PRACTICE EACH YEAR. LED BY RETIRED EDUCATORS AND COLLEGE STUDENTS, THIS APPROACH ACCELERATES LEARNING, CLOSES ACHIEVEMENT GAPS, AND STRENGTHENS LITERACY. CURRICULUM PACING GUIDES ENSURE ALIGNMENT WITH ACADEMIC STANDARDS, IMPROVING STUDENT ENGAGEMENT, ATTENDANCE, AND HOMEWORK COMPLETION RATES, WHICH ARE NOW NEARING 100%. TEACHERS ALSO REPORT INCREASED CLASSROOM PARTICIPATION FROM HARDY CENTER STUDENTS. OUR IMPACT EXTENDS BEYOND ACADEMICS. MANY STUDENTS FACE PERSONAL CHALLENGES OUTSIDE OF SCHOOL, BUT AT THE HARDY CENTER, THEY FIND A SAFE AND NURTURING ENVIRONMENT WHERE THEY ARE VALUED AND SUPPORTED. EACH DAY INCLUDES A WARM MEAL, INDIVIDUALIZED TUTORING, AND A CARING COMMUNITY. OUR SUMMER PROGRAM BROADENS STUDENT EXPERIENCES WITH ENRICHMENT OPPORTUNITIES THEY MAY NOT OTHERWISE ACCESS-SUCH AS SWIMMING, KARATE, FENCING, UNICYCLING, ART, CHESS, LEGO LEARNING, AND INDUSTRIAL ARTS. EDUCATIONAL FIELD TRIPS TO PLACES LIKE COSI AND THE OHIO STATEHOUSE DEEPEN THEIR LEARNING. WE ALSO TEACH PRACTICAL LIFE SKILLS-SHOE-TYING, PENMANSHIP, TIME-TELLING, AND ETIQUETTE-FOSTERING INDEPENDENCE AND CONFIDENCE. AS WE REFLECT ON OUR PROGRESS, WE SEE THE UNDENIABLE IMPACT OF OUR MISSION IN ACTION. OUR STUDENTS ARE PROVING EVERY DAY THAT POTENTIAL IS NOT LIMITED BY ZIP CODE. WE REMAIN COMMITTED TO HELPING THEM GROW IN KNOWLEDGE, CHARACTER, AND CONFIDENCE, WHILE EXPANDING OUR STAFF, PROGRAMMING, AND COMMUNITY PARTNERSHIPS TO SUSTAIN AND SCALE THIS IMPACT.

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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 $708,072
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $708,072

Expense Breakdown

Grants Paid $0
Salaries & Benefits $16,500
Fundraising Expenses $11,178
Program Expenses $215,397
Other Expenses $260,494
TOTAL EXPENSES $276,994

Year-over-Year Comparison

2024 2023 Change
Revenue $708,072 $302,837 +1.3%
Expenses $276,994 $304,825 -0.1%
Net Income $431,078 $-1,988 -217.8%
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

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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
8
Independent Members
7
Employees
1
Volunteers
250

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
3
$16,500
Total Directors
8
$16,500
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEPHEN GARLAND EXECUTIVE DI 60.00
Officer Director
$16,500 $0 $16,500
WENDELL TUCKER BOARD CHAIRM 5.00
Officer Director
$0 $0 $0
JERRY BROWN BOARD TREASU 2.00
Officer Director
$0 $0 $0
KAMERON BRAY BOARD MEMBER 2.00
Director
$0 $0 $0
KORTNEY MILLER BOARD MEMBER 2.00
Director
$0 $0 $0
SCOTT TUCKER BOARD MEMBER 2.00
Director
$0 $0 $0
CHRISTINE BROAS BOARD MEMBER 5.00
Director
$0 $0 $0
NICOLE WOODS BOARD MEMBER 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
2024 $708,072 $276,994 $101,989 $431,078
2023 $302,837 $304,825 $73,135 $-1,988
2022 $181,280 $367,775 $81,825 $-186,495
2021 $634,199 $601,426 $151,678 $32,773
2020 $378,944 $372,867 $52,645 $6,077
2019 $258,544 $279,578 $49,203 $-21,034
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