Harbor Schools Incorporated
Nonprofit profile at a glance
- EIN
- 042523961
- IRS 990 coverage
- 2009–2017
- Forms available
- Form 990 2017
- Location
- Manchester, NH, USA
- Phone
- 6036238863
- Rating
- 38
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Residential Mental Health Treatment
Reported finances
- Revenue
- $1,203
- Expenses
- $0
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2017. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- Larry J Gammon (President & CEO)
Highest reported compensation
- Larry J Gammon (President & CEO): $460,860 total reported compensation
- Elin A Treanor (CFO): $286,435 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2017. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Harbor Schools' mission was to help children, families and adolescents in need by providing services in their homes as well as in alternative homes and individualized care including: psychological, educational, foster care, transition to independent living services, respite/shelter, residential and family support services.
What it reported doing in 2017
Harbor Schools had a lease agreement with Merrimac Heights Academy to operate a residential/special education facility where most young students with learning and other developmental disabilities can achieve maximum independence and as a result become productive members of society. For some students, this instruction will need to be provided in a formalized and structured setting, and then translated into the world at large with stringent community based instruction. Though a number of programs provide a limited amount of support and education in the public schools, most of them are conducted during school hours (6.5 hours a day), consequently leaving students and families with several hours of unstructured time; time that could be utilized for vocational training, community based instruction, and social interaction. As an accredited, non-profit, partial-residential school, MHA is able to address the complex educational, emotional, psychological, physical, career-technical and social needs of students with significant language learning disabilities, non-verbal learning disabilities, autism spectrum disorders, and other disorders as outlined in the admission criteria.On 03/31/2016, Harbor Schools sold its last property to Merrimac Heights Academy which was currently leasing the building. The selling of this building ceases services provided by Harbor Schools.
Operating model
- Revenue model
- Investment-supported. 100% of the money available for current operations came from recurring investment income.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
REVIEW - Most voting board members are independent and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 60
- Accountability: 100
- Sustainability: NotEnoughData
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th 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: Limited
- Total-asset coverage ratio: Limited
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: -100% per year; rating input score 0; 3rd percentile among comparable filings
- Revenue growth: -46.6% per year; rating input score 0; 10th percentile among comparable filings
- Asset growth: -34.8% per year; rating input score 0; 5th percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed
- Governance: 7 of 7 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $461K · 11 people listed · 0 of 6 pay-setting controls reported
- Consistency: 10 of 10 current checks pass
- Schedules: 6 filed schedules · includes executive pay
- Filing history: 9 filing years from 2009 to 2017
- Contacts: How to reach this organization
- 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.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.