Civic Intelligence

Radnor Hunt Foundation

990 • Fiscal year 2022 • EIN 23-3060721

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 14, 2023

826 Providence RoadMalvern, PA 19355

(610) 644-1606

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

76th percentile

0.32x

Higher debt load relative to assets than 76% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

98th percentile

11.03x

Higher debt load relative to revenue than 98% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

2nd percentile

-234%

Higher net margin than 2% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

13th percentile

-14%

Faster asset growth than 13% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

52nd percentile

7.3%

Faster revenue growth than 52% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Down

$1,049,133

Down $176,050 (-14%) from 2021

Net Assets

Down

$715,187

Down $70,802 (-9.0%) from 2021

Liabilities

Down

$333,946

Down $105,248 (-24%) from 2021

Revenue

Up

$30,274

Up $2,056 (+7.3%) from 2021

Expenses

Down

$101,076

Down $14,379 (-12%) from 2021

Net Income

Up

-$70,802

Up $16,435 (+19%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2011: $180,023Liabilities 2011: $5,163Net Assets 2011: $174,8602011Assets 2012: $158,863Liabilities 2012: $8,744Net Assets 2012: $150,1192012Assets 2013: $151,713Liabilities 2013: $13,389Net Assets 2013: $138,3242013Assets 2014: $212,561Liabilities 2014: $36,681Net Assets 2014: $175,8802014Assets 2015: $176,069Liabilities 2015: $14,886Net Assets 2015: $161,1832015Assets 2016: $45,139Liabilities 2016: $4,002Net Assets 2016: $41,1372016Assets 2017: $77,655Liabilities 2017: $0Net Assets 2017: $77,6552017Assets 2018: $137,824Liabilities 2018: $0Net Assets 2018: $137,8242018Assets 2019: $874,758Liabilities 2019: $99,711Net Assets 2019: $775,0472019Assets 2020: $1,449,952Liabilities 2020: $576,726Net Assets 2020: $873,2262020Assets 2021: $1,225,183Liabilities 2021: $439,194Net Assets 2021: $785,9892021Assets 2022: $1,049,133Liabilities 2022: $333,946Net Assets 2022: $715,1872022Assets 2023: $922,751Liabilities 2023: $175,938Net Assets 2023: $746,8132023Assets 2024: $797,638Liabilities 2024: $97,144Net Assets 2024: $700,4942024

Highlighted filing

2022

Assets$1,049,133
Liabilities$333,946
Net Assets$715,187

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$800K$600K$400K$200K$0-$200KRevenue 2011: $75,555Expenses 2011: $43,062Net Income 2011: $32,4932011Expenses 2012: $25,9382012Revenue 2013: $1,492Expenses 2013: $13,287Net Income 2013: -$11,7952013Revenue 2014: $62,376Expenses 2014: $24,820Net Income 2014: $37,5562014Revenue 2015: $45,154Expenses 2015: $62,757Net Income 2015: -$17,6032015Revenue 2016: $10,067Expenses 2016: $130,113Net Income 2016: -$120,0462016Revenue 2017: $56,163Expenses 2017: $19,812Net Income 2017: $36,3512017Revenue 2018: $82,208Expenses 2018: $23,158Net Income 2018: $59,0502018Revenue 2019: $645,426Expenses 2019: $8,669Net Income 2019: $636,7572019Revenue 2020: $162,791Expenses 2020: $64,612Net Income 2020: $98,1792020Revenue 2021: $28,218Expenses 2021: $115,455Net Income 2021: -$87,2372021Revenue 2022: $30,274Expenses 2022: $101,076Net Income 2022: -$70,8022022Revenue 2023: $133,319Expenses 2023: $101,693Net Income 2023: $31,6262023Revenue 2024: $31,216Expenses 2024: $77,535Net Income 2024: -$46,3192024

Highlighted filing

2022

Revenue$30,274
Expenses$101,076
Net Income-$70,802
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 14, 2023
Return Version
2022v5.0
Gross Receipts
$170,510
Mission and Program Overview

Mission

To foster national and international amateur sports competition including equestrian activities, for charitable and educational purposes.

To foster national and amateur sports competition for charitable and educational purposes. The mission is carried out through the promotion of its major fundraising event, horse trials. The funds raised are distributed to local charities. In addition, the organization owns and operates an indoor equestrian riding ring for charitable and educational uses that foster national and international amateur equestrian sports competition.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$934,011$863,918▼ $70,093
Rtn Earn Endowment Incm Other Fnds$785,989$715,187▼ $70,802
Pledges and Grants Receivable$258,744$141,400▼ $117,344
Cash and Non-Interest-Bearing Accounts$32,428$33,343▲ $915
Total Assets$1,225,183$1,049,133▼ $176,050
Other Assets Total-$10,472-
Liabilities
Other Liabilities$427,503$322,856▼ $104,647
Accounts Payable and Accrued Expenses$11,691$11,090▼ $601
Total Liabilities$439,194$333,946▼ $105,248
Net Assets / Fund Balance
Total Net Assets Fund Balance$785,989$715,187▼ $70,802
Total Liabilities and Net Assets / Fund Balance$1,225,183$1,049,133▼ $176,050

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$861,586$172,317$1,033,903
Equipment$2,332$6,996$9,328
Compensation and Service Providers

Board Members and Trustees

NameTitle
Rich WalkupPresident
Britt MurdochDirector
James CaldwellDirector
Jason RaceyDirector
Jen DurhamDirector
Joyce SpraginsDirector
Michael TillsonDirector
Robert KrautDirector
Stephan PahidesDirector
James DornbergerTreasurer
Sam GriffinVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$126,329
Program Service Revenue
$0
Investment Income
$6
Other Revenue
$-96,061
All Other Contributions
$50,016
Change in Net Assets
$-70,802
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$97,676
Grants and Similar Amounts Paid$3,400
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$70,093--$70,093
Interest$16,982--$16,982
Fees for Services Accounting-$7,676-$7,676
Grants to Domestic Orgs$3,400--$3,400
Insurance-$1,201-$1,201
Other Expenses-$681-$681
Total Functional Expenses$90,475$10,601$0$101,076
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$140,236
Fundraising Gross Income$40,807
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Radnor Hunt Hor$117,120$40,807$79,126$-38,319
Total Events$117,120$40,807$140,236$-99,429
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Loan Payable$312,384
Operating Lease Obligation$10,472
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
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, Page 6, Part VI, Line 11B

The board of directors review the form 990 before it is filed with the irs. The form 990 is distributed via the regular mail or by e-mail. A board resolution is not required in order for the form 990 to be filed.

Form 990, Page 6, Part VI, Line 19

If the governing documents (articles of incorporation, bylaws, and constitution), the conflict of interest policy, and the financial statements were to become subject to federal or state public disclosure rules, these documents would be made available to the public as the applicable law would require. In absence of such federal and state rules, the documents mentioned above would be provided to the public on a case by case basis at the discretion of management.

Filing and Contact Details

Filer

Filer Name
Radnor Hunt Foundation
EIN
23-3060721
Phone
6106441606
Address
826 PROVIDENCE ROAD, MALVERN, PA 19355

Signing Officer

Name
James Dornberger
Title
Treasurer
Phone
6107338501
Signed
2023-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rich Walkup
Formed
2000
Legal Domicile
Pa
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
127

Preparer

Firm
Brinker Simpson & Company LLC
Address
1400 N PROVIDENCE RD BLDG 2 STE 20, MEDIA, PA 19063
Preparer
Linda a Scafiro CPA
Phone
6105445900
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Activities fostering national and amateur sports competition for charitable and educational purposes.

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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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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0102997
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01114572
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0306
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0880
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt051
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01237
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0210083
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt03368
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt08172
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt01515
IRS990ScheduleA/OtherIncome170Grp/TotalAmt013055
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98730
IRS990ScheduleA/PublicSupportPY170Pct00.98970
IRS990ScheduleA/PublicSupportTotal170Amt01114572
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0126329
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt050387
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0659831
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0102997
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01114572
IRS990ScheduleA/TotalSupportAmt01128864
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleD/BuildingsGrp/BookValueAmt0861586
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0172317
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01033903
IRS990ScheduleD/EquipmentGrp/BookValueAmt02332
IRS990ScheduleD/EquipmentGrp/DepreciationAmt06996
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt09328
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0312384
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt110472
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LOAN PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1OPERATING LEASE OBLIGATION
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0863918
IRS990ScheduleD/TotalLiabilityAmt0322856
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent1Amt04295
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IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt076313
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0140236
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IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt014166
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0RADNOR HUNT HOR
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0117120
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0117120
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt040807
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt040807
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-99429
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IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt079126
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt042649
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt042649
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVITIES FOSTERING NATIONAL AND AMATEUR SPORTS COMPETITION FOR CHARITABLE AND EDUCATIONAL PURPOSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS REVIEW THE FORM 990 BEFORE IT IS FILED WITH THE IRS. THE FORM 990 IS DISTRIBUTED VIA THE REGULAR MAIL OR BY E-MAIL. A BOARD RESOLUTION IS NOT REQUIRED IN ORDER FOR THE FORM 990 TO BE FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2IF THE GOVERNING DOCUMENTS (ARTICLES OF INCORPORATION, BYLAWS, AND CONSTITUTION), THE CONFLICT OF INTEREST POLICY, AND THE FINANCIAL STATEMENTS WERE TO BECOME SUBJECT TO FEDERAL OR STATE PUBLIC DISCLOSURE RULES, THESE DOCUMENTS WOULD BE MADE AVAILABLE TO THE PUBLIC AS THE APPLICABLE LAW WOULD REQUIRE. IN ABSENCE OF SUCH FEDERAL AND STATE RULES, THE DOCUMENTS MENTIONED ABOVE WOULD BE PROVIDED TO THE PUBLIC ON A CASE BY CASE BASIS AT THE DISCRETION OF MANAGEMENT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01225183
IRS990/TotalAssetsEOYAmt01049133
IRS990/TotalAssetsGrp/BOYAmt01225183
IRS990/TotalAssetsGrp/EOYAmt01049133
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IRS990/TotalContributionsAmt0126329
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt010601
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt090475
IRS990/TotalFunctionalExpensesGrp/TotalAmt0101076
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0439194
IRS990/TotalLiabilitiesEOYAmt0333946
IRS990/TotalLiabilitiesGrp/BOYAmt0439194
IRS990/TotalLiabilitiesGrp/EOYAmt0333946
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0785989
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0715187
IRS990/TotalOtherProgSrvcExpenseAmt087075
IRS990/TotalProgramServiceExpensesAmt090475
IRS990/TotalRevenueGrp/ExclusionAmt03368
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt06
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt030274
IRS990/TotalVolunteersCnt0127
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01225183
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01049133
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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0826 PROVIDENCE ROAD
IRS990/USAddress/CityNm0MALVERN
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd019355
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JAMES DORNBERGER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06107338501
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RADNOR HUNT FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0RADN
ReturnHeader/Filer/EIN0233060721
ReturnHeader/Filer/PhoneNum06106441606
ReturnHeader/Filer/USAddress/AddressLine1Txt0826 PROVIDENCE ROAD
ReturnHeader/Filer/USAddress/CityNm0MALVERN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
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ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0263838358
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BRINKER SIMPSON & COMPANY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01400 N PROVIDENCE RD BLDG 2 STE 20
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MEDIA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd019063
ReturnHeader/PreparerPersonGrp/PhoneNum06105445900
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LINDA A SCAFIRO CPA

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.80$0.10$0.70$0.03$0.08$0.05
2023Detailed filing. Detailed filing data is available for this year.$0.92$0.18$0.75$0.13$0.10$0.03
2022Detailed filing. Detailed filing data is available for this year.$1.05$0.33$0.72$0.03$0.10$0.07
2021Detailed filing. Detailed filing data is available for this year.$1.23$0.44$0.79$0.03$0.12$0.09
2020Detailed filing. Detailed filing data is available for this year.$1.45$0.58$0.87$0.16$0.06$0.10
2019Detailed filing. Detailed filing data is available for this year.$0.87$0.10$0.78$0.65$0.01$0.64
2018Detailed filing. Detailed filing data is available for this year.$0.14$0.00$0.14$0.08$0.02$0.06
2017Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.08$0.06$0.02$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.05$0.00$0.04$0.01$0.13$0.12
2015Detailed filing. Detailed filing data is available for this year.$0.18$0.01$0.16$0.05$0.06$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.21$0.04$0.18$0.06$0.02$0.04
2013Detailed filing. Detailed filing data is available for this year.$0.15$0.01$0.14$0.00$0.01$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.16$0.01$0.15$0.03
2011Summary only. Only limited summary data is available for this year.$0.18$0.01$0.17$0.08$0.04$0.03