Haverford Partnership for Economic Development
Public records show a registered, tax-exempt organization in good standing.
What it says it does
DISCOVER HAVERFORD (HPED)IS A 501C3 NONPROFIT ORGANIZATION THAT FACILITATES GOVERNMENT, BUSINESSES, COMMERCIAL PROPERTY OWNERS AND RESIDENTS WORKING TOGETHER TO PROMOTE ECONOMIC GROWTH THROUGHOUT HAVERFORD TOWNSHIP. DISCOVER HAVERFORD BOOSTS THE LOCAL ECONOMY BY SUPPORTING BUSINESSES, ENHANCING THE IMAGE OF HAVERFORD TOWNSHIP, AND REVITALIZING OUR BUSINESS DISTRICTS AND PUBLIC SPACES.
- Income
- $285,420
- Spending
- $211,247
- Spent on programs
- 71%
- Reserves
- 14.7 months of spending
- Largest source of income
- fees for its services, 50%
- Employees
- 3
- Volunteers
- 170
- Highest pay
- $49,982, executive di
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 100 out of 100. Higher than 88% of charities in its peer group (community improvement, $250k to $1m).
Reserves
35 of 35Spendable reserves would cover 14.7 months of spending.
Debt
20 of 20It owes 6% of what it owns.
Living within its means
15 of 15Income exceeded spending by 26% of income.
Income trend
15 of 15Income rose 1% on the year before.
Spending floor
15 of 1571% of spending went to programs and raising each dollar of donations cost 10 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 91 out of 100. Higher than 75% of charities in its peer group (community improvement, $250k to $1m).
Independent board
25 of 2512 of 12 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $73,894 spent. STREETSCAPE IMPROVEMENTS.DISCOVER HAVERFORD IS COMMITTED TO BEAUTIFYING OUR BUSINESS DISTRICTS AND PUBLIC SPACES WHICH INCLUDE INSTALLING PLANTERS, GARDENS AND WALKWAYS. WE ALSO DESIGN SIGNS TO CREATE A STRONGER SENSE OF PLACE AND IDENTITY. STREET AMENTITIES INCLUDING BENCHES AND TRASH CANS HAVE ALSO BEEN INSTALLED.
- $27,943 spent. BUSINESS RECRUITMENT AND SUPPORT. CREATION OF BUSINESS RECRUITMENT PACKET, WORKSHOPS, WINDOW AND FACADE DESIGN CONSULTATIONS, MATCHING FACADE GRANTS, COMMUNICATION WITH BUSINESSES AND OTHER INTERESTED COMMUNITY MEMBERS ABOUT IMPORTANT ISSUES, PROJECTS AND PROGRAMS VIA MONTHLY NEWSLETTER, WEBSITE, FACEBOOK AND INSTAGRAM. PROVIDE NETWORKING OPPORTUNITIES AND ANNUAL AWARDS OF EXCELLENCE TO BUSINESSES FOR CIVIC ENGAGEMENT, FACADE IMPROVEMENTS, ETC. WE WORK WITH THE TOWNSHIP TO CREATE A SUPPORTIVE ENVIRONMENT FOR BUSINESSES.
- $47,833 spent. BUSINESS PROMOTIONS. WE WORK TO RAISE PUBLIC AWARENESS ABOUT THE IMPORTANCE OF SUPPORTING OUR BUSINESSES THROUGH OUR NEWSLETTER, WEBSITE, SOCIAL MEDIA, SIGNAGE, AND A VARIETY OF PROGRAMS AND EVENTS. THESE INCLUDE AN ONLINE RESTAURANT GUIDE, BROCHURE OF BUSINESSES WHO OFFER SENIOR DISCOUNTS, HOSTING OF FESTIVALS AND EVENTS INCLUDING HAVERTOWN HOLIDAY FESTIVAL, SHOP SMALL SATURDAY, AND DINING CLUB.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Worth knowing.
Status was revoked on May 15, 2013 for not filing returns for three years, and reinstated on May 15, 2014.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since August 2015.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.