Civic Intelligence

The Hershey Foundation

990PF • Fiscal year 2022 • EIN 34-1525626

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 13, 2023

10229 Prouty RoadConcord Twnsp, OH 44077

(440) 256-5534

Siviq Scores

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

Liabilities / Assets

19th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

17th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • $10M-$25M nonprofits • Source year 2022

Net Margin

6th percentile

-119%

Higher net margin than 6% of similar nonprofits.

2022 filings • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

43rd percentile

$125,000

Higher top officer pay than 43% of similar nonprofits.

Top officer pay equals 24.3% of source-year revenue.

2022 filings • $10M-$25M nonprofits • Source year 2022

Asset Growth

36th percentile

-3.6%

Faster asset growth than 36% of similar nonprofits.

2022 filings • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

10th percentile

-60%

Faster revenue growth than 10% of similar nonprofits.

2022 filings • $10M-$25M nonprofits • Annualized from 2021 to 2022

Assets

Down

$16,416,653

Down $614,896 (-3.6%) from 2021

Net Assets

Down

$16,416,653

Down $614,896 (-3.6%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Down

$515,255

Down $778,133 (-60%) from 2021

Expenses

Up

$1,130,151

Up $259,136 (+30%) from 2021

Net Income

Down

-$614,896

Down $1,037,269 (-246%) from 2021

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2015: $17,954,340Liabilities 2015: $0Net Assets 2015: $17,954,3402015Assets 2016: $17,631,107Liabilities 2016: $0Net Assets 2016: $17,631,1072016Assets 2017: $17,630,142Liabilities 2017: $0Net Assets 2017: $17,630,1422017Assets 2018: $18,426,169Liabilities 2018: $0Net Assets 2018: $18,426,1692018Assets 2019: $17,527,110Liabilities 2019: $0Net Assets 2019: $17,527,1102019Assets 2020: $16,609,176Liabilities 2020: $0Net Assets 2020: $16,609,1762020Assets 2021: $17,031,549Liabilities 2021: $0Net Assets 2021: $17,031,5492021Assets 2022: $16,416,653Liabilities 2022: $0Net Assets 2022: $16,416,6532022Assets 2023: $15,040,382Liabilities 2023: $0Net Assets 2023: $15,040,3822023Assets 2024: $13,470,750Liabilities 2024: $0Net Assets 2024: $13,470,7502024

Highlighted filing

2022

Assets$16,416,653
Liabilities$0
Net Assets$16,416,653

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2015: $1,317,819Expenses 2015: $1,640,220Net Income 2015: -$322,4012015Revenue 2016: $527,097Expenses 2016: $1,255,917Net Income 2016: -$728,8202016Revenue 2017: $1,118,357Expenses 2017: $1,119,322Net Income 2017: -$9652017Revenue 2018: $2,100,053Expenses 2018: $1,304,026Net Income 2018: $796,0272018Revenue 2019: $319,738Expenses 2019: $1,218,797Net Income 2019: -$899,0592019Revenue 2020: $351,769Expenses 2020: $1,269,703Net Income 2020: -$917,9342020Revenue 2021: $1,293,388Expenses 2021: $871,015Net Income 2021: $422,3732021Revenue 2022: $515,255Expenses 2022: $1,130,151Net Income 2022: -$614,8962022Revenue 2023: $37,229Expenses 2023: $1,413,500Net Income 2023: -$1,376,2712023Revenue 2024: $707,129Expenses 2024: $912,969Net Income 2024: -$205,8402024

Highlighted filing

2022

Revenue$515,255
Expenses$1,130,151
Net Income-$614,896
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 13, 2023
Return Version
2022v5.0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DEBRA H GURENPresident, TrusteePT$125,000-$125,000
CAROLE H WALTERSSecretary-$0--
ADAM M GURENVice-President, Treasurer-$0--
SARA B GURENTrustee-$0--
ZACHARY A GURENTrustee-$0--
DAVID J WALTERSTrustee-$0--
Grants and Assistance

Foundation Grants and Related Investments

TypeRecipientPurposeStatusLocationAmount
Paid GrantHERSHEY MONTESSORI SCHOOLOPTIMAL DESIGN FOR A SUSTAINABLE FUTURE AND RENOVATIONSPUBLIC CHARITYCONCORD TWP, OH, US$400,000
Paid GrantMDPMONTESSORI TRAINING IN NORTHEAST OHIOPUBLIC CHARITYCLEVELAND, OH, US$50,000
Paid GrantINTERNATIONAL MONTESSORI TRAINING INSTITUTEMONTESSORI TRAINING AND PROFESSIONAL DEVELOPMENTPUBLIC CHARITYMADISON, OH, US$30,000
Paid GrantCLEVELAND ZOOLOGICAL SOCIETYPRIMATE FORESTPUBLIC CHARITYCLEVELAND, OH, US$25,000
Paid GrantHUDSON MONTESSORI SCHOOLTODDLER COMMUNITYPUBLIC CHARITYHUDSON, OH, US$25,000
Paid GrantUH RAINBOW BABIES & CHILDREN'S HOSPITALANGIE FOWLER ADOLESCENT CANCER INSTITUTEPUBLIC CHARITYCLEVELAND, OH, US$25,000
Paid GrantFLYING HORSE FARMSENDOWMENT TO ENSURE COMP FOR KIDS WITH CHRONIC AND SERIOUS ILLNESSPUBLIC CHARITYMOUNT GILEAD, OH, US$25,000
Paid GrantCLEVELAND COUNCIL ON WORLD AFFAIRSENDOWMENT FOR THE MAURA O'DONNELL-MCCARTHY CENTER FOR GLOBAL UNDERSTANDINGPUBLIC CHARITYCLEVELAND, OH, US$20,000
Paid GrantCLEVELAND MUSEUM OF NATURAL HISTORYTRANSFORMING THE WORLD OF DISCOVERYPUBLIC CHARITYCLEVELAND, OH, US$20,000
Paid GrantCLEVELAND INSTITUTE OF MUSICADVANCING RACIAL EQUITY IN CLASSICAL MUSIC EDUCATION: MUSICAL PATHWAY FELLOWSHIPPUBLIC CHARITYCLEVELAND, OH, US$20,000
Paid GrantLUTHERAN METROPOLITAN MINISTRYAFFORDABLE HOUSING INITIATIVE FOR FAMILIES EXPERIENCING HOMELESSNESSPUBLIC CHARITYCLEVELAND, OH, US$20,000
Paid GrantHOLDEN FORESTS & GARDENSFAMILY GALLERY AT THE CLEVELAND BOTANICAL GARDENPUBLIC CHARITYCLEVELAND, OH, US$15,000
Paid GrantHANNAH PERKINS CENTER FOR CHILD DEVELOPMENTHP BUTTERFLY GARDEN - COMMUNITY & LEARNING GARDENSPUBLIC CHARITYSHAKER HEIGHTS, OH, US$15,000
Paid GrantMALTZ MUSEUM OF JEWISH HERITAGECHAGALL FOR CHILDRENPUBLIC CHARITYBEACHWOOD, OH, US$15,000
Paid GrantRAINEY INSTITUTEEL SISTEMA @ PIVOT CENTERPUBLIC CHARITYCLEVELAND, OH, US$12,000
Paid GrantIDEASTREAMPBS KIDS PROGRAMMING AND EDUCATION REPORTING ON NEO'S NPRPUBLIC CHARITYCLEVELAND, OH, US$10,000
Paid GrantMUSICAL ARTS ASSOCIATIONTHE CHEVALIERPUBLIC CHARITYCLEVELAND, OH, US$10,000
Paid GrantUNIVERSTIY CIRCLE INCYAY! SATURDAY BOOK DESCRIPTIONPUBLIC CHARITYCLEVELAND, OH, US$10,000
Paid GrantYWCA GREATER CLEVELANDRACIAL EQUITY READING MATERIALS FOR YMCA EARLY LEARNING CENTER CHILDREN & FAMILIESPUBLIC CHARITYCLEVELAND, OH, US$10,000
Paid GrantBECK CENTER FOR THE ARTSCREATING OUR FUTURE CAPITAL CAMPAIGNPUBLIC CHARITYLAKEWOOD, OH, US$10,000
Paid GrantCLEVELAND PUBLIC LIBRARY FOUNDATIONASIATOWN ARTBOXPUBLIC CHARITYCLEVELAND, OH, US$10,000
Paid GrantFACING HISTORY AND OURSELVESTEACHING CURRENT EVENTS AND UNDERSTANDING DEMOCRACYPUBLIC CHARITYCLEVELAND HEIGHTS, OH, US$10,000
Paid GrantGIRL SCOUTS OF NORTHEAST OHIOGIRL SCOUTS OF NORTHEAST OHIO STEM CENTER OF EXCELLENCEPUBLIC CHARITYMACEDONIA, OH, US$10,000
Paid GrantFIELDSTONE FARMSPECIALIZED EDUCATIONAL AND ADAPTIVE EQUIPMENTPUBLIC CHARITYCHAGRIN FALLS, OH, US$5,000
Paid GrantAPOLLO'S FIRE THE CLEVELAND BAROQUE ORCHESTRASTORMY WEATHER FAMILY CONCERT VIDEO PART 2PUBLIC CHARITYCLEVELAND HEIGHTS, OH, US$5,000
Paid GrantBOYS AND GIRLS CLUB OF NORTHEAST OHIOBROADWAY URBAN GARDEN IMPROVEMENTSPUBLIC CHARITYLORAIN, OH, US$5,000
Paid GrantCITY MUSIC CLEVELANDCLURIE BENNIS CHILDRENS OUTREACH SERIESPUBLIC CHARITYCLEVELAND HEIGHTS, OH, US$5,000
Paid GrantWESTERN RESERVE LAND CONSERVANCYNATURE QUESTS FOR CHILDRENPUBLIC CHARITYMORELAND HILLS, OH, US$5,000
Paid GrantCLEVELAND JAZZ ORCHESTRASTUDENT INSTRUMENT RESOURCESPUBLIC CHARITYBROADVIEW HEIGHTS, OH, US$3,000
Paid GrantGREATER CLEVELAND JUNIOR GOLF SPONSORSHIPGREATER CLEVELAND JUNIOR GOLF SPONSORSHIP FUNDPUBLIC CHARITYBEDFORD, OH, US$2,000
Filing and Contact Details

Filer

Filer Name
The Hershey Foundation
EIN
34-1525626
Phone
4402565534
Address
10229 PROUTY ROAD, CONCORD TWNSP, OH 44077

Signing Officer

Name
Debra Guren
Title
President
Phone
4402565534
Signed
2023-11-13
Discuss with paid preparer
Yes

Preparer

Firm
Thornhill Financial LLC
Address
18400 PEARL ROAD, STRONGSVILLE, OH 44136
Preparer
Todd J Abel
Phone
4402380445
Raw XML AppendixShowing 400 of 627 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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ExplnOfNonFilingWithAGStmt/ExplanationTxt0THE STATE OF OHIO NO LONGER REQUIRES A COPY OF THE FORM 990-PF TO BE FURNISH TO THE ATTORNEY GENERAL. THE NEW STATUTE REQUIRES THAT THE ORGANIZATION FILE AN ANNUAL WITH THE ATTORNEY GENERAL STATING THAT THE FEDERAL TAX FILING REQUIREMENTS HAVE BEEN SATISFIED.
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InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt0JP MORGAN - EQUITY FUNDS
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt1JP MORGAN - FIXED INCOME FUNDS
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt0ENDOWMENT FOR THE MAURA O'DONNELL-MCCARTHY CENTER FOR GLOBAL UNDERSTANDING
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt1TRANSFORMING THE WORLD OF DISCOVERY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt2PRIMATE FOREST
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt3SPECIALIZED EDUCATIONAL AND ADAPTIVE EQUIPMENT
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt4OPTIMAL DESIGN FOR A SUSTAINABLE FUTURE AND RENOVATIONS
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt5FAMILY GALLERY AT THE CLEVELAND BOTANICAL GARDEN
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt6TODDLER COMMUNITY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt7PBS KIDS PROGRAMMING AND EDUCATION REPORTING ON NEO'S NPR
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt8MONTESSORI TRAINING AND PROFESSIONAL DEVELOPMENT
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt9THE CHEVALIER
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt10EL SISTEMA @ PIVOT CENTER
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt11ANGIE FOWLER ADOLESCENT CANCER INSTITUTE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt12YAY! SATURDAY BOOK DESCRIPTION
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt14STORMY WEATHER FAMILY CONCERT VIDEO PART 2
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt15CREATING OUR FUTURE CAPITAL CAMPAIGN
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt16BROADWAY URBAN GARDEN IMPROVEMENTS
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt17CLURIE BENNIS CHILDRENS OUTREACH SERIES
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt18ADVANCING RACIAL EQUITY IN CLASSICAL MUSIC EDUCATION: MUSICAL PATHWAY FELLOWSHIP
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt19STUDENT INSTRUMENT RESOURCES
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt20ASIATOWN ARTBOX
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt21TEACHING CURRENT EVENTS AND UNDERSTANDING DEMOCRACY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt22ENDOWMENT TO ENSURE COMP FOR KIDS WITH CHRONIC AND SERIOUS ILLNESS
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt23GIRL SCOUTS OF NORTHEAST OHIO STEM CENTER OF EXCELLENCE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt24GREATER CLEVELAND JUNIOR GOLF SPONSORSHIP FUND
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt25HP BUTTERFLY GARDEN - COMMUNITY & LEARNING GARDENS
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt26AFFORDABLE HOUSING INITIATIVE FOR FAMILIES EXPERIENCING HOMELESSNESS
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt27CHAGALL FOR CHILDREN
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt28MONTESSORI TRAINING IN NORTHEAST OHIO
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt29NATURE QUESTS FOR CHILDREN
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt0CLEVELAND COUNCIL ON WORLD AFFAIRS
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt1CLEVELAND MUSEUM OF NATURAL HISTORY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt2CLEVELAND ZOOLOGICAL SOCIETY
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt7IDEASTREAM
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt9MUSICAL ARTS ASSOCIATION
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt14APOLLO'S FIRE THE CLEVELAND BAROQUE ORCHESTRA
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt17CITY MUSIC CLEVELAND
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt18CLEVELAND INSTITUTE OF MUSIC
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt25HANNAH PERKINS CENTER FOR CHILD DEVELOPMENT
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt26LUTHERAN METROPOLITAN MINISTRY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt27MALTZ MUSEUM OF JEWISH HERITAGE
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt4NONE
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt6NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt7NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt8NONE

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