HARRISONBURG EDUCATION FOUNDATION INC

EIN: 541746901 501(c)(3) Education

HARRISONBURG, VA

Total Revenue
$74,229
Total Expenses
$77,791
Total Assets
$598,491
Net Assets
$598,491
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
VA
Principal Officer
MEGHAN SCHENKER-FULCHER
Phone
5404349916
Tax Period
2023-07-01 to 2024-06-30

HARRISONBURG EDUCATION FOUNDATION INC, founded in 1994, is a micro nonprofit in the Education sector that reported $74K in total revenue in fiscal year 2023. Revenue fell 67% from the prior year — a significant decline worth monitoring. Net assets of $598K represent 97 months of operating reserves.

Mission

HARRISONBURG EDUCATION FOUNDATION ENHANCES CONNECTIONS BETWEEN OUR COMMUNITY AND HARRISONBURG CITY PUBLIC SCHOOLS TO SUPPORT ENGAGING LEARNING EXPERIENCES, EDUCATOR APPRECIATION, AND STUDENT SCHOLARSHIPS.

Program Service Accomplishments

Program 1
Expenses: $42,994

THE INNOVATIVE EDUCATOR GRANT PROGRAM PROVIDES OPPORTUNITIES FOR EDUCATORS TO DESIGN TARGETED, CUTTING-EDGE PROGRAMS TO MEET THE NEEDS OF THEIR STUDENTS, WHICH WOULD NOT OTHERWISE BE FUNDED THROUGH...

Read more

THE INNOVATIVE EDUCATOR GRANT PROGRAM PROVIDES OPPORTUNITIES FOR EDUCATORS TO DESIGN TARGETED, CUTTING-EDGE PROGRAMS TO MEET THE NEEDS OF THEIR STUDENTS, WHICH WOULD NOT OTHERWISE BE FUNDED THROUGH THE TRADITIONAL SCHOOL BUDGET PROCESS. THOSE PROGRAMS ARE EVALUATED AND AWARDED BY MEMBERS OF THE HEF BOARD AS WELL AS COMMUNITY VOLUNTEERS TO DETERMINE POTENTIAL EFFECTIVENESS. THE GRANTS ACKNOWLEDGE THE PROFESSIONALISM OF CITY EDUCATORS AND TIE COMMUNITY SUPPORT FROM HEF STRAIGHT TO THE CLASSROOM.

Program 2
Expenses: $6,480

TEACHER APPRECIATION AND RECOGNITION ACROSS THE SCHOOL DISTRICT IS A FOCUS YEAR ROUND FOR HEF. WE WELCOME NEW TEACHERS AT THE BEGINNING OF THE SCHOOL YEAR WITH A HOT BREAKFAST AND DOOR PRIZES. IN...

Read more

TEACHER APPRECIATION AND RECOGNITION ACROSS THE SCHOOL DISTRICT IS A FOCUS YEAR ROUND FOR HEF. WE WELCOME NEW TEACHERS AT THE BEGINNING OF THE SCHOOL YEAR WITH A HOT BREAKFAST AND DOOR PRIZES. IN OCTOBER, HEF HELPS STUDENTS MAKE HUNDREDS CANDYGRAMS FOR EDUCATORS. HEF ALSO HOSTS A THANKS-A-LOTTO IN THE SPRING, WHERE EVERY EDUCATOR RECEIVES A SCRATCH OFF THAT HAS SUPPORTIVE MESSAGES FROM THE COMMUNITY AS WELL AS PRIZES TO SOME. HEF ALSO LEADS THE CELEBRATION OF OUR EDUCATORS OF THE YEAR THAT ARE SELECTED AT EACH SCHOOL BY HCPS. THROUGHOUT THE YEAR, HEF COORDINATES A GROUP OF LIAISONS FOR EACH SCHOOL CALLED THE HEF SUPERFRIENDS TO SHARE FEEDBACK AND UPDATES ON OUR WORK. WE ALSO PROVIDE COMPLIMENTARY TICKETS TO SELECT EDUCATORS TO OUR END OF YEAR EVENT.

Program 3
Expenses: $10,300

THE SCHOLARSHIP PROGRAM AWARDS SCHOLARSHIPS TO GRADUATING HARRISONBURG CITY PUBLIC HIGH SCHOOL SENIORS IN THE SPRING OF EACH YEAR. FUNDS COME FROM A VARIETY OF SPONSORS AND EACH SPONSOR HAS UNIQUE...

Read more

THE SCHOLARSHIP PROGRAM AWARDS SCHOLARSHIPS TO GRADUATING HARRISONBURG CITY PUBLIC HIGH SCHOOL SENIORS IN THE SPRING OF EACH YEAR. FUNDS COME FROM A VARIETY OF SPONSORS AND EACH SPONSOR HAS UNIQUE ELIGIBILITY REQUIREMENTS. SCHOLARSHIP APPLICATIONS ARE REVIEWED BY A COMMITTEE APPOINTED BY THE FOUNDATION.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $59,256
Program Service Revenue $0
Investment Income $14,624
Other Revenue $349
TOTAL REVENUE $74,229

Expense Breakdown

Grants Paid $59,907
Salaries & Benefits $0
Fundraising Expenses $8,284
Program Expenses $63,409
Other Expenses $17,884
TOTAL EXPENSES $77,791

Year-over-Year Comparison

2023 2022 Change
Revenue $74,229 $222,683 -0.7%
Expenses $77,791 $123,549 -0.4%
Net Income $-3,562 $99,134 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
18
Independent Members
18
Employees
N/A
Volunteers
60

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
$64,843
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVE WARD CHAIR 5.00
Officer Director
$0 $0 $0
ISAAC HUTCHINSON VICE CHAIR 5.00
Officer Director
$0 $0 $0
DIANE FOUCAR-SZOCKI TREASURER 5.00
Officer Director
$0 $0 $0
PAUL CAMBELL SECRETARY 5.00
Officer Director
$0 $0 $0
ADAM COPELAND DIRECTOR 1.00
Director
$0 $0 $0
ONESIMO BALTAZAR CORONA DIRECTOR 1.00
Director
$0 $0 $0
YENI DOTTIN-CARTER DIRECTOR 1.00
Director
$0 $0 $0
ANGIE GOCHENOUR DIRECTOR 1.00
Director
$0 $0 $0
MARGEE GREENFIELD DIRECTOR 1.00
Director
$0 $0 $0
VIRGINIA HEALY DIRECTOR 1.00
Director
$0 $0 $0
SEAN HESSE DIRECTOR 1.00
Director
$0 $0 $0
ELLIE HOLSOPPLE DIRECTOR 1.00
Director
$0 $0 $0
ANDRIENNE HOOKER DIRECTOR 1.00
Director
$0 $0 $0
RACHEL LINDEN DIRECTOR 1.00
Director
$0 $0 $0
EVELYN OLA DIRECTOR 1.00
Director
$0 $0 $0
JESSICA PONTON DIRECTOR 1.00
Director
$0 $0 $0
KATIE RANKIN DIRECTOR 1.00
Director
$0 $0 $0
MEGHAN SCHENKER-FULCHER DIRECTOR 1.00
Director
$0 $0 $0
CODY OLIVER EXECUTIVE DIRECTOR 37.50
Officer
$0 $23,697 $64,843
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 $74,229 $77,791 $598,491 $-3,562
2023 $222,683 $123,549 $700,858 $99,134
2022 $157,320 $82,625 $581,970 $74,695
2021 $111,013 $57,170 $620,929 $53,843
Explore More Nonprofits
Top 100 Nonprofits in Virginia Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare HARRISONBURG EDUCATION FOUNDATION INC with other nonprofits in Virginia and across the country.