Holcomb Associates Inc
Nonprofit profile at a glance
- EIN
- 232093566
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Exton, PA, USA
- Phone
- 6103631488
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Mental Health Treatment F31 Psychiatric, Mental Health Hospital
Reported finances
- Revenue
- $37,995,267
- Expenses
- $37,493,423
- Assets
- $29,191,273
- Liabilities
- $19,872,179
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
22 people listed
Executive titles in this filing
- STEPHEN DARE (PRESIDENT/CEO)
Highest reported compensation
- STEPHEN DARE (PRESIDENT/CEO): $837,141 total reported compensation
- PAMELA Z MEADOWS (CHIEF OPERATING OFFICER): $593,246 total reported compensation
- BRIAN K JOHNSON (CHIEF ADMINISTRATIVE OFFICER): $469,919 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Chimes' mission is to foster a welcoming community where individuals of differing abilities and behavioral health needs are supported. The organization enables futures by providing support, advocacy, and solutions that enhance independence, well-being, and belonging.
What it reported doing in 2024
Chimes holcomb provides behavioral health, substance use disorder, and intellectual disability services for children, adults, and families across Pennsylvania, Delaware, and New Jersey. Services focus on crisis stabilization, access to care, and long-term recovery, reducing hospitalization and supporting community-based treatment.
Operating model
- Revenue model
- Earned-program. 99% 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.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 73
- Transparency & Controls: 91
- Accountability: 100
- Sustainability: 37
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 82%; rating input score 82
- Program expense ratio: 83.2%; rating input score 83
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 93.3%; rating input score 93; 14th percentile among comparable filings
- Pay-setting controls: 5 of 6 controls in place; rating input score 83
- Compensation committee: Pass
- Independent consultant: Pass
- 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: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th 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: 1.3%; rating input score 39; 39th percentile among comparable filings
- Total-asset coverage ratio: 0.78; rating input score 28; 28th percentile among comparable filings
- Liabilities to assets ratio: 0.68; rating input score 18; 18th percentile among comparable filings
- Officer compensation ratio: 3.2%; rating input score 67; 67th percentile among comparable filings
Growth
- Program expense growth: 3.5% per year; rating input score 100; 30th percentile among comparable filings
- Revenue growth: 4.1% per year; rating input score 100; 35th percentile among comparable filings
- Asset growth: 8.6% per year; rating input score 100; 58th percentile among comparable filings
Details
- Where the money goes: 82% of revenue deployed · 83.2% of spending went to programs
- Governance: 11 of 11 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $31.2M in reported program spending
- Leadership: top reported pay $837K · 22 people listed · 5 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $1.2M reported
- Consistency: 33 of 34 current checks pass · 1 finding to review
- Schedules: 7 filed schedules · includes major donors and executive pay
- Filing history: 15 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 6 filed money-flow records
- Related organizations: 7 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Moderate — Sustainability: Operating margin scored 39/100.
- High — Sustainability: Total-asset coverage ratio scored 28/100.
- Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 18/100.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.