HORACE MANN ELEMENTARY SCHOOL PARENT TEACHER ORGANIZATION
Mission Statement
Our mission is to: Promote the core values of Horace Mann which are Care & Respect, Effort & Hard Work, Critical Thinking, Risk Taking Support the Horace Mann administrators, teachers and staff in providing optimal educational, social emotional, and physical growth of our children Encourage collaboration, cooperation and communication between all staff and parents Encourage and promote parent involvement and volunteerism in the Horace Mann Community Strengthen and bring together the Horace Mann community with year-round opportunities for engagement and connection through PTO meetings, social events and fun/educational events Enhance our children’s educational experience through fundraising to support the Creative Arts & Sciences program, Arts Education, technology purchases and other school programs Advocate for Horace Mann Elementary at the district level when necessary
Financial Overview — FY 2023
Compared with Peers
FY 2023| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
91.4% | 87.2% |
P10P90
|
Above median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
12.5% | 40.1% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
16.6 mo | 23.4 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
43.5% | 88.3% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-18.3% | 2.3% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-0.5% | 2.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-7.7% | 10.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $46K | $50K | $69K | 91.4% | — |
| 2022 | $57K | $50K | $73K | 97.0% | — |
| 2020 | $31K | $250 | N/A | — | 1 |
Donor Reviews
Write a ReviewBe the first to share your experience with this organization.