Hida Educational Foundation EIN 36-2945503

Hida Educational Foundation

EIN  36-2945503 Supporting organization Alexandria, VA
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 8/27/26 · see original filing: IRS
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Size
$1–10M
What they do
Conducts research on healthcare industry trends.
Leadership
Matthew J Rowan · President & CEO Hida · $274K
Money in and out
$3.7M revenue, $3.7M expenses
Bottom line
0% net inflow

Conducts research on healthcare industry trends. For fiscal year 2024 it reported $3.7M in revenue, $3.7M in expenses, and $970K in net assets.Pt I

Money in and out · FY2024
Total revenue
$3.7M
Pt VIII · Ln 12
Total expenses
$3.7M
Pt IX · Ln 25
Net assets
$970K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$16K
Where spending went · Part IX cols B–D
Program services $0.61 Management & general $0.24 Fundraising $0.14
Net inflow
0%
revenue over expenses, this year▲ +91% vs prior filing year
Pass-through gifts
63%
of revenue from contributions▼ -3% vs prior filing year
Program spending
61%
of expenses reach stated programs▲ +3% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$3.7M
FY2024▲ +2%
Expenses
$3.7M
FY2024▼ -3%
Total assets
$3.0M
FY2024▼ -3%
Total liabilities
$2.0M
FY2024▼ -6%
Total revenue
$3.7M
Pt VIII · Ln 12
Total expenses
$3.7M
Pt IX · Ln 25
Net assets
$970K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$16K
Total assetsPt X · Ln 16$3.0M
Program-expense ratioPt IX · col B61%
Voting members of governing bodyPt I · Ln 335
Independent voting membersPt I · Ln 435
Mission & Programs · Part III

Where the work happens

3 program services account for $2.2M of program spending, described in the organization's own filed words · FY2024.
01

Seminars and conferences are designed to educate and train members of the healthcare products distribution industry on industry issues and business skills.

$978Kprogram expense
02

Training materials are designed for specific skills enhancement for members of the healthcare products distribution industry.

$907Kprogram expense
03

Research projects are for the study of trends in the healthcare industry.

$363Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CHida Educational Foundation
EINHdr · item D36-2945503
Principal addressHdr · item CAlexandria, VA
WebsiteHdr · item Jwww.hida.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MVA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S41Z)
Ruling yearIRS BMFFeb 1978

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a35
Independent voting membersPt VI · Ln 1b35
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President & CEO Hida
$273,670Pt VII · Sec A
Executive Director
$272,557Pt VII · Sec A
VP, Finance & Operations
$124,260Pt VII · Sec A
Director, Conferences & Sp
$89,078Pt VII · Sec A
VP, Government Affairs
$45,543Pt VII · Sec A
VP Congressional Relations
$34,470Pt VII · Sec A
Director, Public Affairs
$24,731Pt VII · Sec A
Chairman
$0Pt VII · Sec A

Matthew J Rowan’s $274K as President & CEO Hida is at the 82nd percentile of top reported officer pay among 2834 $1–10M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Matthew J Rowan$273,670$310,618$287,396$308,422$266,252
Elizabeth Hilla$272,557$298,318$285,787$248,283$235,241
Balvinder Bains$124,260$120,500$107,143$99,995$94,437
Julie Berry$89,078$74,445$78,035$72,992$70,451
Linda Rouse O'Neill$45,543$72,723$66,739$66,912$63,109
Sharon Cohen$63,093$60,835
Jennifer Gilbertson$52,113$61,677
Wyeth Ruthven$24,731$39,398

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$2.3M · 63%
Program service revenue$1.2M · 33%
Investment income$158K · 4%
Contributions & grants63%$2.3M
Program service revenue33%$1.2M
Investment income4%$158K
Total revenueLn 12$3.7M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.61 Management & general $0.24 Fundraising $0.14
Program services61%$2.2M
Management & general24%$900K
Fundraising14%$533K
Total functional expensesLn 25$3.7M

Balance Sheet

Part X · end of year
CashLn 1$633K
Total assetsLn 16$3.0M
Total liabilitiesLn 26$2.0M
Total net assetsLn 32$970K
Months of cash on handcomputed2.1

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $2.8M · Operating expenses/yr $3.7M
9.1 months
Where the money goes
Program services
Program services $2.2M · Total expenses $3.7M
61%
Management & General
Management & general $900K · Total expenses $3.7M
24%
Fundraising
Fundraising $533K · Total expenses $3.7M
14%
Cost to raise $1
Fundraising expense (3-yr avg) $456K · Solicited contributions (3-yr avg) $2.3M
$0.20 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $2.3M · Total revenue $3.7M
63%
Government reliance
Government grants — · Total revenue $3.7M
Earned-income share
Program service revenue $1.2M · Total revenue $3.7M
33%
Investment reliance
Investment income $158K · Total revenue $3.7M
+4%
Program self-sufficiency
Program service revenue $1.2M · Total expenses $3.7M
32%
Growth & trend
Revenue growth (YoY)
This year $3.7M · Prior year $3.6M
+2%
Revenue CAGR
FY2020 $2.9M · FY2024 $3.7M
+6%
Net-asset trend (YoY)
End of year $970K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $3.7M · Expenses $3.7M
0%
Liabilities-to-Assets
Total liabilities — · Total assets $3.0M
Net-asset ratio
Net assets $970K · Total assets $3.0M
32%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $2.1M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $3.0M
71%
People & payroll
Highest Reported Total Compensation
Individual Matthew J Rowan · Reported title PRESIDENT & CEO HIDA · Highest reported compensation $274K · Total expenses $3.7M
7%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $2.1M · Total expenses $3.7M
57%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 61%
Overhead ratio 24%
Fundraising cost ratio 23%
Revenue growth 2%
Legal fee ratio 1%
Accounting fee ratio 0%

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.

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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)$3.7M revenue · viewing · ⤓ 990 PDF
FY2023$3.6M revenue · ⤓ 990 PDF
FY2022$3.1M revenue · ⤓ 990 PDF
FY2021$3.0M revenue · ⤓ 990 PDF
FY2020$2.9M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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