Education
(B94)
IRS Verified
DX Registered
990 on File
HUDSON COUNTY SCHOOLS OF TECHNOLOGYFOUNDATION A NONPROFIT CORP
Financial strength (30%)
79/100
Reliability (20%)
50/100
Effectiveness (25%)
90/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Our Mission: The HCST Foundation is a real-world results-oriented organization whose purpose is to promote quality and innovative education for the community by empowering the district through financial support and community involvement
Financial Overview — FY 2023
$97K
Total Revenue
$119K
Total Expenses
$233K
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
89.2%
Fundraising Efficiency
3.8%
Operating Reserve
23.40x
Liability-to-Asset
0.0%
Revenue Diversification
92.7%
Executive Compensation
$0
Compared with Peers
FY 2023
Compared with 21,283 similar organizations
(United States, Education, $100K–$1M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
89.2% | 88.7% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
9.4% | 8.8% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
1.4% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
3.8% | 1.9% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
23.4 mo | 9.7 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 0.5% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
92.7% | 90.2% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
-11.9% | 8.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
40.2% | 13.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-23.0% | 2.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $97K | $119K | $233K | 89.2% | 0 |
| 2022 | $110K | $85K | $255K | 88.2% | 0 |
| 2021 | $106K | $37K | N/A | — | 0 |
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