Cardinal Mccloskey School and Home for Children

Nonprofit profile at a glance

EIN
131740443
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
Valhalla, NY, USA
Phone
9149978000
Rating
86
Verdict
STRONG
Rating confidence
Standard

Official website

Reported finances

Revenue
$61,120,591
Expenses
$61,773,844
Assets
$34,538,227
Liabilities
$22,267,728

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

30 people listed

Executive titles in this filing

  • BETH FINNERTY (PRESIDENT & CEO)

Highest reported compensation

  • BETH FINNERTY (PRESIDENT & CEO): $549,056 total reported compensation
  • WILLIAM URSILLO (CHIEF OPERATING OFFICER): $355,619 total reported compensation
  • CHRISTINE MONROE (CHIEF FINANCIAL OFFICER): $340,169 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization strives to protect, empower and promote independence for at-risk children and families and those with developmental disabilities through quality community based services.

What it reported doing in 2024

Health and clinical services: our health and clinical service programs provide coordination and oversight of medical care and behavioral health care for children in foster care, and individuals with developmental disabilities living in group residences and participating in day services (day habilitation and supported employment). More than 259 children and adults received health and clinical services.hayden house emergency group residence and school provides emergency "safe house" services for abused and neglected children in westchester county. It provides residential care, diagnostic evaluation, trauma-informed counseling and placement planning. Hayden provides around-the-clock emergency intervention to children in crisis between the ages of 8 and 18. Once at hayden house, children receive temporary care until suitable and safe living arrangements are made. During this time each child receives a total diagnostic evaluation and a comprehensive care plan so they can begin to put their lives back together. The school, located at hayden house, serves grades 4 through 12 following the nys-mandated regents curriculum. Children are required to take and pass all standardized tests following the nys department of education testing schedule. We provide students with academic support, personalized intervention and remedial education through aspire, our after-school program that uses computers to help the children catch up academically. During this year we did not serve children at hayden house.

Operating model

Revenue model
Earned-program. 77% of the money available for current operations came from fees and other program revenue.
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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 90
  • Accountability: 100
  • Sustainability: 22
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 86.1%; rating input score 86
  • Program expense ratio: 85.8%; rating input score 86
  • Fundraising efficiency: $15.24 raised per $1 spent on fundraising; rating input score 52; 52nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -1.1%; rating input score 22; 22nd percentile among comparable filings
  • Total-asset coverage ratio: 0.56; rating input score 21; 21st percentile among comparable filings
  • Liabilities to assets ratio: 0.64; rating input score 25; 25th percentile among comparable filings
  • Officer compensation ratio: 4.2%; rating input score 23; 23rd percentile among comparable filings

Growth

  • Program expense growth: 0.5% per year; rating input score 100; 9th percentile among comparable filings
  • Revenue growth: 2.6% per year; rating input score 100; 18th percentile among comparable filings
  • Asset growth: 5% per year; rating input score 100; 36th percentile among comparable filings

Details

  • Where the money goes: 86.1% of revenue deployed · 85.8% of spending went to programs
  • Governance: 18 of 18 board members independent · 9 of 9 filing controls reported
  • Programs: 8 filed program accomplishments · $53M in reported program spending
  • Leadership: top reported pay $549K · 30 people listed · 4 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $1.2M reported
  • Consistency: 37 of 37 current checks pass
  • Schedules: 8 filed schedules · includes major donors, executive pay, and related organizations
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 8 filed money-flow records
  • Related organizations: 4 filed related-organization links
  • 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.

  • Review — Financial Efficiency: Fundraising efficiency scored 52/100.
  • High — Sustainability: Operating margin scored 22/100.
  • High — Sustainability: Total-asset coverage ratio scored 21/100.
  • High — Sustainability: Officer compensation ratio scored 23/100.
  • High — Sustainability: Liabilities to assets ratio scored 25/100.