HUTCHINSON RIVER EDUCATION FOUNDATION INC (EIN 472426473) - Form 990 Financial Analysis & Trantor Score

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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

2014

Legal Domicile

Principal Officer

CHRISTOPHER F GALLAGHER

Phone

7184300100

Tax Period

2023-09-01 to 2024-08-31

HUTCHINSON RIVER EDUCATION FOUNDATION INC, founded in 2014, is a community nonprofit in the Education sector that reported $2.4M in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum. The organization ran a surplus of $586K, a strong 25% operating margin.

Mission

TO SUPPORT MONSIGNOR SCANLAN HIGH SCHOOL AND OTHER NOT-FOR-PROFIT ENTITIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $100,000

Program Service Revenue $0

Investment Income $0

Other Revenue $2,255,186

TOTAL REVENUE $2,355,186

Expense Breakdown

Grants Paid $1,459,528

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,644,760

Other Expenses $309,305

TOTAL EXPENSES $1,768,833

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,355,186	$1,910,102	+0.2%
Expenses	$1,768,833	$1,791,781	0.0%
Net Income	$586,353	$118,321	+4.0%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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
CHRISTOPHER F GALLAGHER	CHAIRMAN	5.00	Officer Director	$0	$0	$0
JOSEPH S SOLIMINE	TREASURER	10.00	Officer Director	$0	$0	$0
RAMON VELEZ JR	DIRECTOR	0.50	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	$2,355,186	$1,768,833	$22,330,436	$586,353
2023	$1,910,102	$1,791,781	$24,131,393	$118,321
2022	$1,590,540	$1,313,014	$26,347,198	$277,526
2021	$1,531,478	$892,051	$27,885,941	$639,427
2020	$1,546,126	$911,370	$28,593,160	$634,756
2019	$1,275,101	$1,513,229	$21,850,181	$-238,128
2019	$1,414,163	$1,513,229	$29,537,243	$-99,066
2018	$872,700	$754,440	$23,359,197	$118,260

HUTCHINSON RIVER EDUCATION FOUNDATION INC