PLATINUM2022

Harford County Education Foundation

INVEST. INSPIRE. ACHIEVE.

Bel Air, MD   |  www.harfordeducation.org
GuideStar Charity Check

Harford County Education Foundation

EIN: 20-2060496


Mission

Harford County Education Foundation invests in the success of our students by removing barriers to learning and empowering every child with the opportunity to achieve academic and personal success.

Ruling year info

2005

President

Debora Gavin Merlock

Main address

260 Gateway Drive, Suite 21A

Bel Air, MD 21014 USA

Show more contact info

EIN

20-2060496

Subject area info

Elementary and secondary education

Youth services

Education

Population served info

Children and youth

Economically disadvantaged people

At-risk youth

NTEE code info

Fund Raising and/or Fund Distribution (B12)

Youth Development Programs (O50)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Communication

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

Harford County Education Foundation ensures equity in learning for all students. We believe that every child should have the tools they need to participate in high quality learning. Harford County Education Foundation identifies the unique challenges faced by individual students or by populations of students and provides additional supports to help them overcome those barriers. Providing education equity enables all children to achieve equal success.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Classroom Innovation Grants

School based grant to support innovative instruction.

Population(s) Served
Children and youth

A brick and mortar store where teachers can shop for free to obtain the needed classroom supplies and materials for their classroom and their students in need.

Population(s) Served
Children and youth

Providing digital devices to students in need to support in school and at home learning.

Population(s) Served
Children and youth

Providing high engaging books to children Birth-Grade 5. The early childhood literacy initiative builds book access in the home providing a plethora of high-interest books supporting emergent literacy development skills critical to school readiness. Emergent literacy skills are the basic building blocks for learning to read and write. They are the skills, knowledge, and attitudes that children develop before they learn the conventions of formal reading and writing.

Population(s) Served

Supporting post secondary education for students.

Population(s) Served
Children and youth

Everyday Heroes is a teacher recognition program that pays tribute to outstanding educators who promote exemplary dedication to the education of children and youth.

Population(s) Served
Children and youth
At-risk youth
Children and youth
At-risk youth

Where we work

Affiliations & memberships

National School Foundation Association - Member 2007

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Number of students served through program resources

This metric is no longer tracked.
Totals By Year
Population(s) Served

Children and youth, Economically disadvantaged people

Related Program

Harford Reads

Type of Metric

Output - describing our activities and reach

Direction of Success

Holding steady

Context Notes

Providing students with access to curated, skill based reading materials to maintain and enhance literacy skills during the summer months when children tend to lose learned skills.

Number of students provided access to technology at home

This metric is no longer tracked.
Totals By Year
Population(s) Served

At-risk youth, Economically disadvantaged people

Related Program

TECH Tools

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

TECH Tools provides digital resources through a Digital Lending Hub to use at home to complete learning assignments. 2020 reflects the distribution of laptops and Internet in the home.

Number of teachers served through program resources

This metric is no longer tracked.
Totals By Year
Population(s) Served

Children and youth, At-risk youth, Economically disadvantaged people

Related Program

Tools for Schools Resource Center

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

Tools for Schools Resource Center provides free school supplies to teachers for their students. Due to the 2020 pandemic, teachers were teaching from home with limited access to the resource center.

Number of classrooms served through program resources

This metric is no longer tracked.
Totals By Year
Related Program

Classroom Innovation Grants

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

Number of innovative classroom and enrichment projects funded.

Number of children who received school supplies

This metric is no longer tracked.
Totals By Year
Population(s) Served

Children and youth, At-risk youth, Economically disadvantaged people

Related Program

Tools for Schools Resource Center

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

Providing critical learning materials so all children can participate in high quality instruction.

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

GOAL 1: To enhance academic excellence of all students.

GOAL 2: To provide educational and social resources to build support for students at risk for success in school and in life.
GOAL 3: To encourage community and business involvement in student success in a positive and supportive manner.

Harford County Education Foundation
2020-2021Strategic Goals and Objectives

Board Development

Goal Area 1: Evaluate board composition and leadership

Strategic Objectives:
• Implement a board analysis to determine board assets based on skill and social capacity
• Assess the ongoing health and effectiveness of the board and make necessary changes
• Identify potential board members who can contribute effectively to board governance and the financial stability of the organization
• Implement a board leadership succession plan

Image

Goal Area 2: Develop and implement an effective communication plan that achieves awareness, recognition, and support of the Greater Excellence in Education Foundation throughout the community.

Strategic Objectives:
• Identify appropriate channel to outsource strategic communication to foundation stakeholders
• Develop communication plan
• Identify messaging strategy for each audience
• Identify and target marketing opportunities for the foundation
• Evaluate current marketing materials

Fund Development

Goal Area 3: Establish a sustainable funding base by having better community relations, reaching our financial goals while fulfilling operational and programmatic objectives, and by maintaining a focus on the annual budget.

Strategic Objectives:
• Create fund development plan to achieve the funding goals of the foundation
• Build realistic budget and utilize multiple funding strategies
• Reach funding goals
• Create an endowment for reliable source of income in perpetuity the organization can count on for annual distributions for its charitable work

Board members, Executive Director and Stakeholders have:
• Passion for education
• Family (stakeholder) support
• Breadth of programs
• Mission focused
• Institutional knowledge

The Tools for Schools Resource Center has been established and the community is embracing a centralized donation center for school supplies for students in need. A centralized donation center ensures that all children and classrooms receive the school supplies most needed. Our goal is to provide all students with essential school supplies but have only reached 1/3 of the students.

We are progressing toward proving access to the Internet at home.

Our goal is to build home libraries for all children in need. Studies show children with home libraries are better readers and comprehend at or above grade level.

Increasing opportunity to support teacher excellence providing every child with the highest quality of instruction. The support includes enrichment programs in the classroom and stipends for professional development.

Financials

Harford County Education Foundation
Fiscal year: Jul 01 - Jun 30

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

9.58

Average of 2.31 over 9 years

Months of cash in 2022 info

SOURCE: IRS Form 990

4.8

Average of 2.7 over 9 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

8%

Average of 3% over 9 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Harford County Education Foundation

Revenue & expenses

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

Harford County Education Foundation

Balance sheet

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

Harford County Education Foundation

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

This snapshot of Harford County Education Foundation’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

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Business model indicators

Profitability info 2019 2020 2021 2022
Unrestricted surplus (deficit) before depreciation -$888 $7,778 $37,298 $5,338
As % of expenses -0.6% 4.2% 20.1% 2.7%
Unrestricted surplus (deficit) after depreciation -$888 $7,778 $37,298 $5,338
As % of expenses -0.6% 4.2% 20.1% 2.7%
Revenue composition info
Total revenue (unrestricted & restricted) $169,099 $182,421 $233,415 $208,522
Total revenue, % change over prior year 0.0% 7.9% 28.0% -10.7%
Program services revenue 0.0% 0.0% 0.0% 0.0%
Membership dues 0.0% 0.0% 0.0% 0.0%
Investment income 0.1% 0.2% 0.2% 1.7%
Government grants 2.8% 1.4% 9.6% 0.0%
All other grants and contributions 97.1% 98.4% 90.2% 98.8%
Other revenue 0.0% 0.0% 0.0% -0.5%
Expense composition info
Total expenses before depreciation $159,587 $184,053 $185,117 $200,425
Total expenses, % change over prior year 0.0% 15.3% 0.6% 8.3%
Personnel 32.9% 33.1% 36.9% 34.0%
Professional fees 4.0% 2.9% 3.3% 3.3%
Occupancy 4.9% 4.0% 4.4% 4.2%
Interest 0.0% 0.0% 0.0% 0.0%
Pass-through 50.0% 54.1% 47.7% 52.0%
All other expenses 8.3% 5.8% 7.7% 6.5%
Full cost components (estimated) info 2019 2020 2021 2022
Total expenses (after depreciation) $159,587 $184,053 $185,117 $200,425
One month of savings $13,299 $15,338 $15,426 $16,702
Debt principal payment $0 $0 $0 $0
Fixed asset additions $0 $0 $0 $0
Total full costs (estimated) $172,886 $199,391 $200,543 $217,127

Capital structure indicators

Liquidity info 2019 2020 2021 2022
Months of cash 7.4 7.1 5.1 4.8
Months of cash and investments 7.4 7.7 9.1 8.0
Months of estimated liquid unrestricted net assets 4.7 4.6 6.9 6.7
Balance sheet composition info 2019 2020 2021 2022
Cash $98,410 $108,613 $78,907 $79,782
Investments $0 $10,000 $61,555 $54,519
Receivables $275 $375 $375 $1,125
Gross land, buildings, equipment (LBE) $0 $0 $0 $0
Accumulated depreciation (as a % of LBE) 0.0% 0.0% 0.0% 0.0%
Liabilities (as a % of assets) 22.8% 37.3% 12.8% 10.3%
Unrestricted net assets $62,107 $69,885 $107,183 $112,521
Temporarily restricted net assets $14,410 N/A N/A N/A
Permanently restricted net assets $0 N/A N/A N/A
Total restricted net assets $14,410 $5,000 $16,000 $10,000
Total net assets $76,517 $74,885 $123,183 $122,521

Key data checks

Key data checks info 2019 2020 2021 2022
Material data errors No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Form 1023/1024 is not available for this organization

President

Debora Gavin Merlock

Number of employees

Source: IRS Form 990

Harford County Education Foundation

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

Harford County Education Foundation

Board of directors
as of 07/24/2022
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Amanda Janaskie

Exelon

Term: 2022 - 2024

Debora Merlock

no affilation

Dave Rosas

Oak Contracting, LLC

Warren Hamilton

Oak Contracting, LLC

Claudine Adams

Bravura

Sean Bulson, Ed.D.

Harford County Public Schools

Mary Hastler

Harford County Public Library

Lisa Sundquist

North Harford Elementary School

Terry Troy

Director Emeritus

Amanda Janaski

BGE

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes