Boxwood Learning Center Inc
Nonprofit profile at a glance
- EIN
- 814945906
- IRS 990 coverage
- 2020–2024
- Forms available
- Form 990 2024, Form 990-N 2019
- Location
- Roselle, NJ, USA
- Phone
- 9082416862
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Youth Development Programs
Reported finances
- Revenue
- $564,979
- Expenses
- $429,233
- Assets
- $160,816
- Liabilities
- $31,661
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- MARIE THELUSMA-CHASE (CEO)
- KORON BARLEY (PRESIDENT)
- ELONIA BARR (VICE PRESIDENT)
Highest reported compensation
- MARIE THELUSMA-CHASE (CEO): $34,732 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
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What it reported doing in 2024
Carried out community outreach projects
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 79
- Transparency & Controls: 100
- Accountability: 74
- Sustainability: 52
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 68.7%; rating input score 69
- Program expense ratio: 90.4%; rating input score 90
- Fundraising efficiency: $2,241.98 raised per $1 spent on fundraising; rating input score 99; 99th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 3 of 8 controls in place; rating input score 38
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 24%; rating input score 80; 80th percentile among comparable filings
- Total-asset coverage ratio: 0.37; rating input score 18; 18th percentile among comparable filings
- Liabilities to assets ratio: 0.2; rating input score 32; 32nd percentile among comparable filings
- Officer compensation ratio: 8.1%; rating input score 43; 43rd percentile among comparable filings
Growth
- Program expense growth: 29.1% per year; rating input score 100; 89th percentile among comparable filings
- Revenue growth: 30.7% per year; rating input score 100; 92nd percentile among comparable filings
- Asset growth: 55.4% per year; rating input score 100; 97th percentile among comparable filings
Details
- Where the money goes: 68.7% of revenue deployed · 90.4% of spending went to programs
- Governance: 3 of 3 board members independent · 3 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $388K in reported program spending
- Leadership: top reported pay $35K · 5 people listed
- Consistency: 25 of 25 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 5 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Accountability: Governance controls: 4 of 7 not reported.
- High — Sustainability: Total-asset coverage ratio scored 18/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 32/100.
- Moderate — Sustainability: Officer compensation ratio scored 43/100.