Spring Hills Foundation EIN 46-4020623 Form 990 (PDF) Claim this org

Spring Hills Foundation

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Spring Hills Foundation is an arts and culture nonprofit based in North Abington Twp, PA, formed in 2013. For fiscal year 2025 it reported $234K in revenue, $195K in expenses, and $155K in net assets.Pt I

Founded
2013
Type
Public charity (501(c)(3)) · Arts & Culture
Location
North Abington Twp, PA
Website
springhillsfoundation.org
Filings
4 on file (2019–2025)
Revenue
$234KFY2025
Expenses
$195K
Net assets
$155K
People
14
Filings
4
Updates
0
More identity details & actions ⌄
EIN  46-4020623 Public charity (501(c)(3)) North Abington Twp, PA Founded 2013
Form 990 (PDF)
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Size
$100K–1M
What they do
an arts and culture nonprofit
Leadership
Catherine Ravaioli · Liasion · $6K
Money in and out
$234K revenue, $195K expenses
Bottom line
94% program efficiency
Where the money goes · FY2025
Total revenue
$234K
Pt VIII · Ln 12
Total expenses
$195K
Pt IX · Ln 25
Net assets
$155K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $39K
Where spending went · Part IX cols B–D
Program services $0.94 Management & general $0.06
Program efficiency
94%
of spending reaches programs
Operating runway
0.8mo
months of highly liquid reserves at operating expense rate▼ -83% vs prior filing year
Surplus margin
+17%
revenue over expenses, this year▲ +121% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$234K
FY2025▲ ×15
Total revenue
$234K
Pt VIII · Ln 12
Total expenses
$195K
Pt IX · Ln 25
Net assets
$155K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$39K
Total assetsPt X · Ln 16$155K
Program-expense ratioPt IX · col B94%
Voting members of governing bodyPt I · Ln 316
Independent voting membersPt I · Ln 416

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSpring Hills Foundation
EINHdr · item D46-4020623
Principal addressHdr · item CNorth Abington Twp, PA
WebsiteHdr · item Jspringhillsfoundation.org
Year of formationHdr · item L2013
State of legal domicileHdr · item MPA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A25)
Ruling yearIRS BMFOct 2025

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a16
Independent voting membersPt VI · Ln 1b16
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 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$6,000Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Catherine Ravaioli’s $6K as Liasion is at the 5th percentile of top reported officer pay among 2213 $100K–1M arts & culture 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.

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Mission & Programs · Part III

Where the work happens

3 program services account for $15K of program spending, described in the organization's own filed words · FY2025.
01

The Nature Journaling Workshop was established in 2025, this two day workshop held at the Spring Hills Farm, invites participants ages 14 and up to explore the Farm's stunning landscapes while engaging in a variety of hands-on activities designed to inspire greater creativity, promote personal and mental physical wellness, and foster a…

$6Kprogram expense
02

The Art and Nature Retreat workshop series has been offered once a year starting in 2022. Participants come to Spring Hills Farm and experience immersion in the farm's natural surroundings while completing art in the medium of their choice in their own outdoor art studio.

$6Kprogram expense
03

All About Theatre is a week-long camp for both kids and separately, adults with disabilities. Facilitator Michaela Moore, M.F.A. and owner/operator of the All About Theatre Performing Arts School, conducts this workshop, with 2 assistants.

$3Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$209K · 89%
Program service revenue$17K · 7%
Other revenue$8K · 3%
Contributions & grants89%$209K
Program service revenue7%$17K
Other revenue3%$8K
Total revenueLn 12$234K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.94 Management & general $0.06
Program services94%$183K
Management & general6%$12K
Total functional expensesLn 25$195K

Balance Sheet

Part X · end of year
CashLn 1$14K
Total assetsLn 16$155K
Total liabilitiesLn 26$650
Total net assetsLn 32$155K
Months of cash on handcomputed0.8

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $14K · Operating expenses/yr $195K
0.8 months
Where the money goes
Program services
Program services $183K · Total expenses $195K
94%
Management & General
Management & general $12K · Total expenses $195K
6%
Fundraising
Fundraising $0 · Total expenses $195K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $209K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $209K · Total revenue $234K
89%
Government reliance
Government grants $0 · Total revenue $234K
0%
Earned-income share
Program service revenue $17K · Total revenue $234K
7%
Investment reliance
Investment income $0 · Total revenue $234K
0%
Program self-sufficiency
Program service revenue $17K · Total expenses $195K
9%
Growth & trend
Revenue growth (YoY)
This year $234K · Prior year $15K
Prior-year revenue below floor — showing dollar change
Net-asset trend (YoY)
End of year $155K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $234K · Expenses $195K
+17%
Liabilities-to-Assets
Total liabilities — · Total assets $155K
Net-asset ratio
Net assets $155K · Total assets $155K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $155K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Catherine Ravaioli · Reported title Liasion · Highest reported compensation $6K · Total expenses $195K
3%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $6K · Total expenses $195K
3%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 94%
Overhead ratio 6%
Revenue growth ×15

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 · received and paid
Grants received · FY2024
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Grants paid · 2 grants · $3K · 2025–2025
Unitemized GrantFY2025$3,000
Unitemized GrantFY2025$300

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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
FY2025 (Latest)$234K revenue · viewing · ⤓ 990 PDF
FY2024not on file
FY2023not on file
FY2022not on file
FY2021$15K revenue · ⤓ 990 PDF
FY2020$14K revenue · ⤓ 990 PDF
FY2019$14K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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