Radnor Hunt Foundation EIN 23-3060721

Radnor Hunt Foundation FY2020 filing

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Promotes equestrian sports events to raise funds for charities and educational programs. For fiscal year 2020 it reported $163K in revenue, $65K in expenses, and $873K in net assets.Pt I

Type
Public charity (501(c)(3)) · Recreation & Sports
Location
Malvern, PA
Filings
5 on file (2020–2020)
Revenue
$163KFY2020
Expenses
$65K
Net assets
$873K
People
8
Filings
5
Updates
0
More identity details & actions ⌄
EIN  23-3060721 Public charity (501(c)(3)) Malvern, PA
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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Size
<$100K
What they do
Promotes equestrian sports events to raise funds for charities and educational programs.
Leadership
James Caldwell · Director
Money in and out
$163K revenue, $65K expenses
Bottom line
93% program efficiency
Where the money goes · FY2020
Total revenue
$163K
Pt VIII · Ln 12
Total expenses
$65K
Pt IX · Ln 25
Net assets
$873K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $98K
Where spending went · Part IX cols B–D
Program services $0.93 Management & general $0.07
Program efficiency
93%
of spending reaches programs
Operating runway
59.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
+60%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$163K
FY2020
Expenses
$65K
FY2020
Total assets
$1.4M
FY2020
Total liabilities
$577K
FY2020
Total revenue
$163K
Pt VIII · Ln 12
Total expenses
$65K
Pt IX · Ln 25
Net assets
$873K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$98K
Total assetsPt X · Ln 16$1.4M
Program-expense ratioPt IX · col B93%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48
Mission & Programs · Part III

Where the work happens

1 program service account for $60K of program spending, described in the organization's own filed words · FY2020.
01

Grants to charitable organizations for charitable and educational purposes that foster national and international amateur sports competition, including equestrian activities.

$60Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CRadnor Hunt Foundation
EINHdr · item D23-3060721
Principal addressHdr · item CMalvern, PA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MPA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFRecreation & Sports (N69)
Ruling yearIRS BMFMar 2001

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$175K · 108%
Investment income$2K · 1%
Contributions & grants108%$175K
Investment income1%$2K
Total revenueLn 12$163K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.93 Management & general $0.07
Program services93%$60K
Management & general7%$4K
Total functional expensesLn 25$65K

Balance Sheet

Part X · end of year
CashLn 1$79K
Total assetsLn 16$1.4M
Total liabilitiesLn 26$577K
Total net assetsLn 32$873K
Months of cash on handcomputed14.7

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $79K · Operating expenses (Pt IX) $65K · Less non-cash grants $49K · Cash operating expenses/yr $16K
59.3 months
Where the money goes
Program services
Program services $60K · Total expenses $65K
93%
Management & General
Management & general $4K · Total expenses $65K
7%
Fundraising
Fundraising $0 · Total expenses $65K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $175K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $175K · Total revenue $163K
108%
Government reliance
Government grants — · Total revenue $163K
Earned-income share
Program service revenue $0 · Total revenue $163K
0%
Investment reliance
Investment income $2K · Total revenue $163K
+1%
Program self-sufficiency
Program service revenue $0 · Total expenses $65K
0%
Growth & trend
Revenue growth (YoY)
This year $163K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $873K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $163K · Expenses $65K
+60%
Liabilities-to-Assets
Total liabilities — · Total assets $1.4M
Net-asset ratio
Net assets $873K · Total assets $1.4M
60%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.4M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual James Caldwell · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $65K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $65K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 93%
Overhead ratio 7%
Fundraising cost ratio 0%
Investment management fee ratio 0.02%
Accounting fee ratio 0.8%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$86K
See all 3 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$31K revenue · ⤓ 990 PDF
FY2023$133K revenue · ⤓ 990 PDF
FY2022$30K revenue · ⤓ 990 PDF
FY2021$28K revenue · ⤓ 990 PDF
FY2020$163K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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