Civic Intelligence

Harcum College

EIN 23-1424055 • 501(c)3 • Bryn Mawr, PA

View Organization Page

Profile

Harcum college provides its students with an opportunity for outstanding academic, career, and life preparation. We teach, mentor, and prepare students for success in their chosen professions in an experiential environment. Harcum's core values of excellence, civility, empowerment, integrity, community service, and respect for diversity assure that every student is valued and supported.

750 Montgomery AvenueBryn Mawr, PA 19010

www.harcum.edu

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.32x

Higher debt load relative to assets than 60% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2023

Liabilities / Revenue

54th percentile

0.32x

Higher debt load relative to revenue than 54% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2023

Net Margin

12th percentile

-18%

Higher net margin than 12% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

9th percentile

-9.0%

Faster asset growth than 9% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Revenue Growth

10th percentile

-23%

Faster revenue growth than 10% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$38,064,181

Up $9,976,431 (+36%) from 2023

Liabilities

Down

$8,723,394

Down $175,419 (-2.0%) from 2023

Net Assets

Up

$29,340,787

Up $10,151,850 (+53%) from 2023

Operations
Liabilities / Revenue54th percentileNet Margin12th percentile

Revenue

Up

$42,304,375

Up $14,572,353 (+53%) from 2023

Expenses

Up

$33,465,869

Up $637,618 (+1.9%) from 2023

Net Income

Up

$8,838,506

Up $13,934,735 (+273%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth9th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40M$30M$20M$10M$0Assets 2010: $13,368,734Liabilities 2010: $8,906,910Net Assets 2010: $4,461,8242010Assets 2011: $13,307,708Liabilities 2011: $4,748,073Net Assets 2011: $8,559,6352011Assets 2012: $14,847,155Liabilities 2012: $2,918,141Net Assets 2012: $11,929,0142012Assets 2013: $18,696,001Liabilities 2013: $2,554,733Net Assets 2013: $16,141,2682013Assets 2014: $21,811,485Liabilities 2014: $3,228,989Net Assets 2014: $18,582,4962014Assets 2015: $21,036,254Liabilities 2015: $3,045,759Net Assets 2015: $17,990,4952015Assets 2016: $21,425,836Liabilities 2016: $2,778,936Net Assets 2016: $18,646,9002016Assets 2017: $23,526,614Liabilities 2017: $2,755,171Net Assets 2017: $20,771,4432017Assets 2018: $24,345,873Liabilities 2018: $2,310,815Net Assets 2018: $22,035,0582018Assets 2019: $23,879,466Liabilities 2019: $2,246,458Net Assets 2019: $21,633,0082019Assets 2020: $24,678,431Liabilities 2020: $5,543,443Net Assets 2020: $19,134,9882020Assets 2021: $27,006,424Liabilities 2021: $3,131,498Net Assets 2021: $23,874,9262021Assets 2022: $30,870,966Liabilities 2022: $7,727,316Net Assets 2022: $23,143,6502022Assets 2023: $28,087,750Liabilities 2023: $8,898,813Net Assets 2023: $19,188,9372023Assets 2024: $38,064,181Liabilities 2024: $8,723,394Net Assets 2024: $29,340,7872024

Highlighted filing

2024

Assets$38,064,181
Liabilities$8,723,394
Net Assets$29,340,787
Open 2024 Filing

Operations Trend

Revenue Growth10th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60M$40M$20M$0-$20MExpenses 2010: $21,040,0462010Expenses 2011: $23,369,3832011Expenses 2012: $26,593,0962012Revenue 2013: $29,512,414Expenses 2013: $25,488,760Net Income 2013: $4,023,6542013Revenue 2014: $33,244,006Expenses 2014: $31,396,442Net Income 2014: $1,847,5642014Revenue 2015: $33,152,812Expenses 2015: $33,140,102Net Income 2015: $12,7102015Revenue 2016: $35,017,634Expenses 2016: $33,712,138Net Income 2016: $1,305,4962016Revenue 2017: $35,214,273Expenses 2017: $33,957,899Net Income 2017: $1,256,3742017Revenue 2018: $36,152,530Expenses 2018: $34,999,428Net Income 2018: $1,153,1022018Revenue 2019: $33,672,552Expenses 2019: $34,417,952Net Income 2019: -$745,4002019Revenue 2020: $35,104,131Expenses 2020: $37,258,987Net Income 2020: -$2,154,8562020Revenue 2021: $34,826,587Expenses 2021: $32,571,785Net Income 2021: $2,254,8022021Revenue 2022: $36,107,752Expenses 2022: $34,361,943Net Income 2022: $1,745,8092022Revenue 2023: $27,732,022Expenses 2023: $32,828,251Net Income 2023: -$5,096,2292023Revenue 2024: $42,304,375Expenses 2024: $33,465,869Net Income 2024: $8,838,5062024

Highlighted filing

2024

Revenue$42,304,375
Expenses$33,465,869
Net Income$8,838,506
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$38,064,181
Liabilities
$8,723,394
Net assets
$29,340,787
Revenue
$42,304,375
Expenses
$33,465,869
Net income
$8,838,506
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$38.1$8.72$29.3$42.3$33.5$8.84
2023Detailed filing. Detailed filing data is available for this year.$28.1$8.90$19.2$27.7$32.8$5.10
2022Detailed filing. Detailed filing data is available for this year.$30.9$7.73$23.1$36.1$34.4$1.75
2021Detailed filing. Detailed filing data is available for this year.$27.0$3.13$23.9$34.8$32.6$2.25
2020Detailed filing. Detailed filing data is available for this year.$24.7$5.54$19.1$35.1$37.3$2.15
2019Detailed filing. Detailed filing data is available for this year.$23.9$2.25$21.6$33.7$34.4$0.75
2018Detailed filing. Detailed filing data is available for this year.$24.3$2.31$22.0$36.2$35.0$1.15
2017Detailed filing. Detailed filing data is available for this year.$23.5$2.76$20.8$35.2$34.0$1.26
2016Detailed filing. Detailed filing data is available for this year.$21.4$2.78$18.6$35.0$33.7$1.31
2015Detailed filing. Detailed filing data is available for this year.$21.0$3.05$18.0$33.2$33.1$0.01
2014Detailed filing. Detailed filing data is available for this year.$21.8$3.23$18.6$33.2$31.4$1.85
2013Summary only. Only limited summary data is available for this year.$18.7$2.55$16.1$29.5$25.5$4.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.8$2.92$11.9$26.6
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.3$4.75$8.56$23.4
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.4$8.91$4.46$21.0
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Mar 11, 2025
Return Version
2023v6.0
Gross Receipts
$46,965,912
Mission and Program Overview

Mission

Harcum college provides its students with an opportunity for outstanding academic, career, and life preparation. We teach, mentor, and prepare students for success in their chosen professions in an experiential environment. Harcum's core values of excellence, civility, empowerment, integrity, community service, and respect for diversity assure that every student is valued and supported.

Provides its students with an opportunity for outstanding academic, career and life preparation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$13,929,208$15,648,613▲ $1,719,405
Pledges and Grants Receivable$5,202,030$14,189,230▲ $8,987,200
Land, Buildings, and Equipment, Net$3,867,888$4,413,850▲ $545,962
Accounts Receivable$698,998$1,608,347▲ $909,349
Prepaid Expenses and Deferred Charges$628,630$803,284▲ $174,654
Investments Program Related$1,254,128$469,748▼ $784,380
Cash and Non-Interest-Bearing Accounts$211,742$142,609▼ $69,133
Savings and Temporary Cash Investments$84,274$85,385▲ $1,111
Inventories for Sale or Use$55,448$55,449▲ $1
Total Assets$28,087,750$38,064,181▲ $9,976,431
Other Assets Total$2,155,404$647,666▼ $1,507,738
Liabilities
Other Liabilities$4,134,247$4,075,473▼ $58,774
Accounts Payable and Accrued Expenses$2,398,872$3,832,753▲ $1,433,881
Unsecured Notes Loans Payable$2,212,315$679,927▼ $1,532,388
Deferred Revenue$112,236$100,115▼ $12,121
Mortgage Notes Payable Secured by Investment Property$41,143$35,126▼ $6,017
Total Liabilities$8,898,813$8,723,394▼ $175,419
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$16,416,108$21,070,461▲ $4,654,353
Net Assets With Donor Restrictions$2,772,829$8,270,326▲ $5,497,497
Total Net Assets Fund Balance$19,188,937$29,340,787▲ $10,151,850
Total Liabilities and Net Assets / Fund Balance$28,087,750$38,064,181▲ $9,976,431

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,786,587$14,780,300$17,566,887
Equipment$795,193$8,531,259$9,326,452
Leasehold Improvements$282,109$566,605$848,714
Land$549,961-$549,961

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$2,434,301$4,160,232▲ $303,209-$6,847,492
2022$1,942,467$403,474▲ $110,560-$2,434,301
2021$1,625,906$623,290▼ $284,461-$1,942,467
2020$1,177,915$122,342▲ $325,649-$1,625,906
2019$1,138,005$7,000▲ $32,910-$1,177,915
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jon Jay DetemplePresident, Ph.d., MbaFT$247,801$69,970$317,771
Julia IngersollExecutive VP, CAO & College CounselFT$153,730$11,813$165,543
Brooke WalkerVP of Institutional AdvancementFT$127,923$15,704$143,627
Dario BellotVP of Administration & CFOFT$136,318$5,476$141,794
Rachel BowenVP of Enrollment ManagementFT$110,875$13,213$124,088
Timothy ElyExecutive Director of Sp&irFT$102,302$12,948$115,250

Board Members and Trustees

NameTitle
David M JacobsonChairman
Theodore RosenVice-chair
Louise StraussVice-chair (until 02/24)
Amy CopelandTrustee
Anthony JonesTrustee
Barbara BoshaTrustee
Carmen RiveTrustee
Daniel HirschfeldTrustee
Dennis MarloTrustee
Dr Alexander KleinTrustee
Dr Samuel P CiminoTrustee
J Michael McnamaraTrustee
Kevin DowTrustee
Sharon MankerTrustee
Karl ThallnerSecretary
Denis C BoyleTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Mcglocklin Construction INCBuilding Contractors2 MENG ROAD, Schwenksville, PA 19473$381,339
Aloysius Butler & ClarkAdvertising & Marketing ServicesPO BOX 672, Wilmington, DE 19899$238,426
Baker Tilly US LLPAudit & Tax ServicesPO BOX 7398, Madison, WI 53707$103,224
Revenue and Support

Revenue Composition

Contributions and Grants
$16,933,011
Program Service Revenue
$24,506,085
Investment Income
$518,179
Other Revenue
$347,100
All Other Contributions
$15,414,238
Change in Net Assets
$8,838,506

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$30,000Cost
Total Noncash Contributions1$30,000-

Audited Revenue Reconciliation

Revenue per Audited Statements
$42,468,788
Revenue Not Reported on Financial Statements
$-164,413
Revenue Not Reported on Form 990
$-7,203,710
Other Revenue Adjustments
$-164,413
Total Revenue per Audited Statements
$35,265,078
Total Revenue per Form 990
$42,304,375
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$14,805,700
Other Expenses$11,361,091
Grants and Similar Amounts Paid$7,299,078
Total Fundraising Expense$835,689
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$9,762,223$2,217,466$324,970$12,304,659
Grants to Domestic Individuals$7,299,078--$7,299,078
Occupancy$2,193,010$427,906$53,488$2,674,404
Fees for Services Other$2,208,350$253,133$28,286$2,489,769
Office Expenses$805,975$164,490$42,211$1,012,676
Payroll Taxes$715,915$192,134$26,015$934,064
Other Employee Benefits$684,597$183,729$24,877$893,203
Depreciation Depletion$519,796$101,424$12,678$633,898
Information Technology$300,378$200,252-$500,630
All Other Expenses$292,071$99,431$17,445$408,947
Current Officers, Directors, Trustees, and Key Employees-$405,865-$405,865
Advertising$5,276$22,195$296,630$324,101
Pension Plan Contributions$206,584$53,818$7,507$267,909
Insurance-$238,983-$238,983
Travel$206,860$16,850$161$223,871
Fees for Services Accounting-$143,321-$143,321
Other Expenses$92,803$9,781$1,380$103,964
Fees for Service Investment Mgmnt Fees-$78,293-$78,293
Interest$228$65,876$6$66,110
Conferences and Meetings$28,128$9,966-$38,094
Fees for Services Legal-$18,285-$18,285
Total Functional Expenses$26,060,248$6,569,932$835,689$33,465,869

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$33,465,869
Total Expenses per Audited Statements$25,113,228
Expenses per Audited Statements$24,948,815
Expenses Not Reported on Financial Statements$8,517,054
Other Expense Adjustments$8,517,054
Expenses Not Reported on Form 990$164,413
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$81,462
Fundraising Direct Expenses$27,918
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Outing$105,295$81,462$7,610$73,852
Total Events$105,295$81,462$27,918$53,544
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Julia IngersollWife of Officer at I-leadJULIA INGERSOLL, THE EXECUTIVE VP CAO & COLLEGE COUNSEL, IS MARRIED TO THE CEO OF INSTITUTE OF LEADERSHIP EDUCATION, ADVANCEMENT, & DEVELOPMENT (I-LEAD). THE COLLEGE SHARES 35% OF FEDERAL AID AND CASH PAYMENTS DERIVED FROM THE PARTNERSHIP SITE PROGRAM WITH I-LEAD. TRANSACTIONS WITH I-LEAD ARE AT ARM'S LENGTH.Yes$1,139,683
Jon Jay Detemple IiSON OF THE COLLEGE'S PRESIDENT, AN ATHLETIC DIRECTORJON JAY DETEMPLE II IS AN EMPLOYEE AS IS HIS FATHER, JON JAY DETEMPLE, THE COLLEGE'S PRESIDENT. JON JAY II'S SALARY AND BENEFITS ARE BEING REPORTED. JON JAY DETEMPLE II DOES NOT REPORT TO JON JAY DETEMPLE NOR DOES JON JAY DETEMPLE PARTICIPATE IN SALARY DISCUSSIONS RELATED TO JON JAY II.No$70,305
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Margin Loan Payable$3,700,000
Refundable Advances$249,991
Student Deposits$116,773
Annuity Payable$8,709
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
Yes
Business relationship with family members
Yes
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“The executive vice president, cao & college counsel and the criminal justice program director have a family relationship.”

Form 990, Part VI, Section B, Line 11B

“The form 990 is distributed either in person or electronically to all board members for review and comment after the form has been reviewed by the finance committee and management and prior to filing. All comments are taken into consideration prior to filing the form 990.”

Form 990, Part VI, Section B, Line 12C

“The officers and board members are required to complete a conflict of interest disclosure annually. Family and business relationships are specifically mentioned in the policy as having potential for conflicts of interest. The disclosures are reviewed annually by the board. Trustees and designated employees who are deemed to be in a conflict of interest situation with respect to any matter before the administration or the board shall refrain from participating in the consideration of the proposed transaction, unless specifically requested to provide information regarding the transaction in question. Such person shall not vote on or take any position for or against the proposed transaction. When deemed appropriate, a notation may be made in the minutes of the meeting that the person involved neither participated in the consideration of the proposed transaction nor voted on the matter.”

Form 990, Part VI, Section B, Line 15A

“The compensation of the president is determined by an independent committee of the board based on comparable roles and other marketplace trends and practices. The president's evaluation and compensation are discussed in the board of trustees' executive session. Although a member of the board of trustees, the president recuses himself from the discussion.”

Form 990, Part VI, Section C, Line 19

“The college will provide its governing documents, conflict of interest policy, financial statements, and tax returns upon in person, verbal or written requests.”

Filing and Contact Details

Filer

Filer Name
Harcum College
EIN
23-1424055
Phone
6105254100
Address
750 MONTGOMERY AVENUE, BRYN MAWR, PA 19010

Signing Officer

Name
Jon Jay Detemple Phd Mba
Title
President
Phone
6105254100
Signed
2025-03-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jon Jay Detemple Phd
Formed
1915
Legal Domicile
Pa
Voting Board Members
15
Independent Board Members
15
Employees
541
Volunteers
190

Preparer

Firm
Baker Tilly Advisory Group Lp
Address
1570 FRUITVILLE PIKE SUITE 400, LANCASTER, PA 17601
Preparer
Kerri N Bogda CPA
Phone
7177404863
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Change in value of split interest agreements -1,098.”

Financial Statement Notes

PART V, LINE 4:

“Endowment funds are used for a variety of purposes and classified on the financial statements as donor and board restricted for scholarship and program support. The college has elected to base its spending policy for the endowments on a "total return" approach for which the stipulated percentage of 4% of the average balance of the preceeding three years was approved by the board. Spending of $27,988 was used during fy24.”

PART X, LINE 2:

“Tax positions are recognized or reversed by the college based on a more-likely-than-not threshold. This applies to positions taken or expected to be taken in a tax return. The college does not believe its financial statements include any uncertain tax positions.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Change in value of split interest agreements -1,098. Student aid netted against revenue on financials -7,299,078. Investment mgt. Fees netted against revenue on financials -78,293. Revenue share expense netted against revenue on financials -1,139,683.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Rental expenses -72,923. Bookstore cogs -91,490.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Rental expenses 72,923. Bookstore cogs 91,490.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Student aid netted against revenue on financials 7,299,078. Investment mgt. Fees netted against revenue on financials 78,293. Revenue share expense netted against revenue on financials 1,139,683.”

Raw XML AppendixShowing 400 of 783 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0HARCUM COLLEGE PROVIDES ITS STUDENTS WITH AN OPPORTUNITY FOR OUTSTANDING ACADEMIC, CAREER, AND LIFE PREPARATION. WE TEACH, MENTOR, AND PREPARE STUDENTS FOR SUCCESS IN THEIR CHOSEN PROFESSIONS IN AN EXPERIENTIAL ENVIRONMENT. HARCUM'S CORE VALUES OF EXCELLENCE, CIVILITY, EMPOWERMENT, INTEGRITY, COMMUNITY SERVICE, AND RESPECT FOR DIVERSITY ASSURE THAT EVERY STUDENT IS VALUED AND SUPPORTED. HARCUM COLLEGE IS A PRIVATE, COEDUCATIONAL, FULLY ACCREDITED, RESIDENTIAL AND COMMUTER COLLEGE IN BRYN MAWR, PA WHICH OFFERS 27 CAREER-READY ASSOCIATE'S DEGREE PROGRAMS. CAREER-INFORMED PROGRAMS ARE OFFERED ON CAMPUS, ONLINE AND OFF-CAMPUS AT PARTNERSHIP SITES THROUGHOUT PENNSYLVANIA. STUDENT ATHLETES COMPETE AT THE NJCAA IN VARIOUS SPORTS. THE COLLEGE CURRENTLY SERVES APPROXIMATELY 1,200 STUDENTS.
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