Civic Intelligence

Milton Hershey School Alumni Association

990 • Fiscal year 2022 • EIN 25-1308522

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

109 Mccorkle RoadHershey, PA 17033

(717) 520-2045

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.00x

Higher debt load relative to assets than 33% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

34th percentile

0.00x

Higher debt load relative to revenue than 34% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

95th percentile

71%

Higher net margin than 95% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

53rd percentile

$0

Higher top officer pay than 53% of similar nonprofits.

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

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

83rd percentile

37%

Faster asset growth than 83% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

92nd percentile

148%

Faster revenue growth than 92% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$781,286

Up $212,009 (+37%) from 2021

Net Assets

Up

$780,958

Up $211,905 (+37%) from 2021

Liabilities

Up

$328

Up $104 (+46%) from 2021

Revenue

Up

$317,235

Up $189,478 (+148%) from 2021

Expenses

Up

$92,227

Up $35,858 (+64%) from 2021

Net Income

Up

$225,008

Up $153,620 (+215%) from 2021

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2012: $252,059Liabilities 2012: $0Net Assets 2012: $252,0592012Assets 2013: $271,775Liabilities 2013: $0Net Assets 2013: $271,7752013Assets 2014: $346,602Liabilities 2014: $0Net Assets 2014: $346,6022014Assets 2015: $337,195Liabilities 2015: $0Net Assets 2015: $337,1952015Assets 2016: $355,614Liabilities 2016: $135Net Assets 2016: $355,4792016Assets 2017: $376,045Liabilities 2017: $0Net Assets 2017: $376,0452017Assets 2018: $399,851Liabilities 2018: $0Net Assets 2018: $399,8512018Assets 2019: $462,903Liabilities 2019: $174Net Assets 2019: $462,7292019Assets 2020: $496,037Liabilities 2020: $255Net Assets 2020: $495,7822020Assets 2021: $569,277Liabilities 2021: $224Net Assets 2021: $569,0532021Assets 2022: $781,286Liabilities 2022: $328Net Assets 2022: $780,9582022Assets 2023: $773,938Liabilities 2023: $973Net Assets 2023: $772,9652023Assets 2024: $936,065Liabilities 2024: $912Net Assets 2024: $935,1532024

Highlighted filing

2022

Assets$781,286
Liabilities$328
Net Assets$780,958

Operations Trend

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

$400K$300K$200K$100K$0-$100KExpenses 2012: $88,1082012Revenue 2013: $91,126Expenses 2013: $71,410Net Income 2013: $19,7162013Revenue 2014: $125,717Expenses 2014: $50,890Net Income 2014: $74,8272014Revenue 2015: $162,421Expenses 2015: $126,889Net Income 2015: $35,5322015Revenue 2016: $128,628Expenses 2016: $110,344Net Income 2016: $18,2842016Revenue 2017: $119,464Expenses 2017: $98,898Net Income 2017: $20,5662017Revenue 2018: $125,832Expenses 2018: $99,637Net Income 2018: $26,1952018Revenue 2019: $160,547Expenses 2019: $112,877Net Income 2019: $47,6702019Revenue 2020: $83,770Expenses 2020: $62,473Net Income 2020: $21,2972020Revenue 2021: $127,757Expenses 2021: $56,369Net Income 2021: $71,3882021Revenue 2022: $317,235Expenses 2022: $92,227Net Income 2022: $225,0082022Revenue 2023: $119,297Expenses 2023: $139,075Net Income 2023: -$19,7782023Revenue 2024: $347,408Expenses 2024: $191,234Net Income 2024: $156,1742024

Highlighted filing

2022

Revenue$317,235
Expenses$92,227
Net Income$225,008
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 14, 2023
Return Version
2022v5.0
Gross Receipts
$449,644
Mission and Program Overview

Mission

The mission of the Milton Hershey School Alumni Association is to promote an appreciation and pride in its Alma Mater, a sense of family among all alumni, and a dedication to the educational and other principles of Milton and Catherine Hershey's Deed of Trust, with a commitment to the well-being of Milton Hershey School, its students and alumni.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$333,691$465,324▲ $131,633
Investments in Publicly Traded Securities$175,359$161,895▼ $13,464
Savings and Temporary Cash Investments$60,227$54,067▼ $6,160
Total Assets$569,277$781,286▲ $212,009
Other Assets Total-$100,000-
Liabilities
Accounts Payable and Accrued Expenses$224$328▲ $104
Total Liabilities$224$328▲ $104
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$405,678$602,943▲ $197,265
Net Assets With Donor Restrictions$163,375$178,015▲ $14,640
Total Net Assets Fund Balance$569,053$780,958▲ $211,905
Total Liabilities and Net Assets / Fund Balance$569,277$781,286▲ $212,009

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$782$782
Other Assets Org$100,000--
Compensation and Service Providers

Board Members and Trustees

NameTitle
John FoleyPresident
Albert LeonziDirector
Barb PolkDirector
Jack SwoffordDirector
Joe AurelioDirector
John GrabDirector
John WhiteheadDirector
Julee HixonDirector
Mike BaerDirector
Paul AurelioDirector
Robert GurtDirector
Virgil WhitsettDirector
Tom TrispagonasAssistant Tr
Lorraine RombergerEx Officio
Mel HornRecording Se
Kim ElenbergSecretary
Angela ShadeVice Preside
Amanda DucharmVP Communica
Francine SerafinVP Legal COU
Revenue and Support

Revenue Composition

Contributions and Grants
$235,211
Program Service Revenue
$0
Investment Income
$312
Other Revenue
$81,712
All Other Contributions
$219,754
Change in Net Assets
$225,008
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$72,211
Salaries, Compensation, and Employee Benefits$20,016
Total Fundraising Expense$2,002
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$11,082$5,541$1,847$18,470
Office Expenses-$11,077-$11,077
Fees for Services Accounting-$6,839-$6,839
Insurance-$5,988-$5,988
Payroll Taxes$927$464$155$1,546
Occupancy-$990-$990
Other Expenses$40,472$325-$325
Total Functional Expenses$52,481$37,744$2,002$92,227
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$138,123
Fundraising Direct Expenses$72,111
Gaming Gross Income$29,200
Gaming Direct Expenses$13,500
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$49,582$49,582$2,000$47,582
Alumni Weekend$31,932$31,932$34,406$-2,474
Total Events$107,270$107,270$64,648$42,622
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Backup withholding compliance
No
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

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

990 AVAILABLE ON REQUEST

Filing and Contact Details

Filer

Filer Name
Milton Hershey School Alumni
EIN
25-1308522
Phone
7175202045
Address
109 MCCORKLE ROAD, HERSHEY, PA 17033

Signing Officer

Name
John Foley
Title
President
Phone
7175202045
Signed
2023-11-14

Organization Details

Principal Officer
John Foley
Formed
1930
Legal Domicile
Pa
Voting Board Members
18
Independent Board Members
18
Employees
2

Preparer

Firm
Smoker Smith & Associates Pc
Address
339 W GOVERNOR RD, HERSHEY, PA 17033-2074
Preparer
Jori M Culp CPA Cfe
Phone
7175335154
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The mission of the milton hershey school alumni association is to promote an appreciation and pride in its alma mater, a sense of family among all alumni, and a dedication to the educational and other principles of milton and catherine hershey's deed of trust, with a commitment to the well-being of milton hershey school, its students and alumni.

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IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt0100000
IRS990/OtherExpensesGrp/Desc0PROGRAMS
IRS990/OtherExpensesGrp/Desc1BANK FEES
IRS990/OtherExpensesGrp/Desc2DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc3REGISTRATION FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03739
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12781
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2325
IRS990/OtherExpensesGrp/ProgramServicesAmt040472
IRS990/OtherExpensesGrp/TotalAmt040472
IRS990/OtherExpensesGrp/TotalAmt13739
IRS990/OtherExpensesGrp/TotalAmt22781
IRS990/OtherExpensesGrp/TotalAmt3325
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt01847
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt05541
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt011082
IRS990/OtherSalariesAndWagesGrp/TotalAmt018470
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0155
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0464
IRS990/PayrollTaxesGrp/ProgramServicesAmt0927
IRS990/PayrollTaxesGrp/TotalAmt01546
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0JOHN FOLEY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt056351
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt020616
IRS990/PYOtherExpensesAmt043615
IRS990/PYOtherRevenueAmt050790
IRS990/PYRevenuesLessExpensesAmt071388
IRS990/PYSalariesCompEmpBnftPaidAmt012754
IRS990/PYTotalExpensesAmt056369
IRS990/PYTotalRevenueAmt0127757
IRS990/ReconcilationRevenueExpnssAmt0225008
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt060227
IRS990/SavingsAndTempCashInvstGrp/EOYAmt054067
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0235211
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt056351
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt033084
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0105696
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt047794
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0478136
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt03327
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt02538
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt03029
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt03660
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt02054
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt014608
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0167323
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt096238
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt062599
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt087289
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0142584
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0556033
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt015
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt015
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt03327
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt02538
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt03029
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt03660
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt02054
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt014608
IRS990ScheduleA/InvestmentIncomeCYPct00.01000
IRS990ScheduleA/InvestmentIncomePYPct00.01000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98610
IRS990ScheduleA/PublicSupportPY509Pct00.98530
IRS990ScheduleA/PublicSupportTotal509Amt01034184
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0402534
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0152589
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt095683
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0192985
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0190393
IRS990ScheduleA/Total509Grp/TotalAmt01034184
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0405861
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0155127
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt098712
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0196645
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0192447
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01048792
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0782
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0782
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0100000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0NON-QUALIFIED ANNUITY
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0100000
IRS990ScheduleG/CharitableDistributionRqrInd0false
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt064648
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0ALUMNI WEEKEND
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt049582
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt031932
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt025756
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0107270
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt049582
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt031932
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt025756
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0107270
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt042622
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt028242
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt064648
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt02000
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt034406
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990ScheduleG/GamingInformationGrp/CashPrizesOtherGamingAmt013500
IRS990ScheduleG/GamingInformationGrp/CashPrizesTotalGamingAmt013500
IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt013500
IRS990ScheduleG/GamingInformationGrp/GrossRevenueOtherGamingAmt029200
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt029200
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt015700
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborBingoInd0false
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingInd0false
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborPullTabsInd0false
IRS990ScheduleG/GamingManagerIsDirectorOfcrInd0X
IRS990ScheduleG/GamingManagerPersonNm0ANASTASIOUS TRISPAGONAS
IRS990ScheduleG/GamingManagerServicesProvTxt0OVERSIGHT
IRS990ScheduleG/GamingOtherFacilityPct01.00000
IRS990ScheduleG/GamingWithNonmembersInd0true
IRS990ScheduleG/LicensedInd0true
IRS990ScheduleG/LicenseSuspendedEtcInd0false
IRS990ScheduleG/MemberOfOtherEntityInd0false
IRS990ScheduleG/PersonsWithBooksName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine1Txt0109 MCCORKLE RD
IRS990ScheduleG/PersonsWithBooksUSAddress/CityNm0HERSHEY
IRS990ScheduleG/PersonsWithBooksUSAddress/StateAbbreviationCd0PA
IRS990ScheduleG/PersonsWithBooksUSAddress/ZIPCd017033

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.$9.36$0.01$9.35$3.47$1.91$1.56
2023Detailed filing. Detailed filing data is available for this year.$7.74$0.01$7.73$1.19$1.39$0.20
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.81$0.00$7.81$3.17$0.92$2.25
2021Detailed filing. Detailed filing data is available for this year.$5.69$0.00$5.69$1.28$0.56$0.71
2020Detailed filing. Detailed filing data is available for this year.$4.96$0.00$4.96$0.84$0.62$0.21
2019Detailed filing. Detailed filing data is available for this year.$4.63$0.00$4.63$1.61$1.13$0.48
2018Detailed filing. Detailed filing data is available for this year.$4.00$0.00$4.00$1.26$1.00$0.26
2017Detailed filing. Detailed filing data is available for this year.$3.76$0.00$3.76$1.19$0.99$0.21
2016Detailed filing. Detailed filing data is available for this year.$3.56$0.00$3.55$1.29$1.10$0.18
2015Detailed filing. Detailed filing data is available for this year.$3.37$0.00$3.37$1.62$1.27$0.36
2014Detailed filing. Detailed filing data is available for this year.$3.47$0.00$3.47$1.26$0.51$0.75
2013Detailed filing. Detailed filing data is available for this year.$2.72$0.00$2.72$0.91$0.71$0.20
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.52$0.00$2.52$0.88