Kent-sussex Industries Inc

Nonprofit profile at a glance

EIN
510097856
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Milford, DE, USA
Phone
3024224014
Rating
68
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Vocational Rehabilitation

Official website

Reported finances

Revenue
$8,781,099
Expenses
$8,165,079
Assets
$11,805,334
Liabilities
$1,817,455

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

Leadership & pay

16 people listed

Executive titles in this filing

  • HEATH B CHASANOV (CHIEF EXECUTIVE OFFICER)
  • JAMES A GREENWELL (VICE PRESIDENT OF FINANCE)
  • LINDA PEARSON (VICE PRESIDENT OF OPERATION)
  • MARK DUFENDACH (VICE PRESIDENT OF FINANCE & TECHNOLOGY)

Highest reported compensation

  • HEATH B CHASANOV (CHIEF EXECUTIVE OFFICER): $175,000 total reported compensation
  • JAMES A GREENWELL (VICE PRESIDENT OF FINANCE): $125,635 total reported compensation
  • LINDA PEARSON (VICE PRESIDENT OF OPERATION): $110,124 total reported compensation

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

Overview

Mission

Ksi provides day habilitation and employment services to people with disabilities. This service is provided in various community settings in addition to the milford skill development center and our ksi southern campus in georgetown. Ksi also provides transportation services for our participants. Ksi recently went through a formal strategic planning process to further refine its vision, mission and core values. The core purpose is unchanged but specific language regarding the purpose has been updated and refined.

What it reported doing in 2024

Nutritional services: ksi's cafeteria provides healthy daily breakfasts, snacks and lunches free of charge to each skill development center participant. It ensures that participants' bodies are well-nourished, as well as providing important time to socialize with friends. The ksi cafeteria also offers vital employment and training opportunities in food preparation and service to prepare participants for community-based jobs.kamp lenape: kamp lenape was created in 1972 to give individuals with orthopedic conditions a special place where they could have fun and exciting opportunities during the summer months. Originally run through united cerebral palsy (ucp) of Delaware, it grew to include children with a variety of disabilities looking to grow in a comfortable environment with a close-knit group of friends. In 2022, ksi learned that kamp lenape was discontinuing its programs and saw an opportunity to preserve this valuable resource to children with disabilities and their families. The organization acquired the property from ucp and reopened it in summer of 2023 as ksi kamp lenape, offering the same funfilled summer programs people have enjoyed at the site for decades. Activities campers will enjoy include crafts, sports, onsite swimming, community trips to fairs and events, and more. Days also include visits from community service representatives from local police, fire and other groups. And there's plenty of room on the grounds to run, play basketball and dance. Breakfast, lunch and snack are provided daily for all campers. In 2024 ksi partnered with the milford and lake forest school districts to operate the kamp. This allowed for more structure, and allowed the campers to continue to work on their iep goals during the summer.

Operating model

Revenue model
Earned-program. 90% 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

SUPPORTED - A large share of available resources goes toward mission work and most voting board members are independent. The filing reports few safeguards for money sent abroad and the filing does not identify recipients for some grant dollars.

Rating breakdown

  • Financial Efficiency: 69
  • Transparency & Controls: 51
  • Accountability: 95
  • Sustainability: 53
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 75.3%; rating input score 75
  • Program expense ratio: 83.3%; rating input score 83
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Scored; rating input score 0
  • Grant itemization coverage: Scored; rating input score 0
  • 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: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 7%; rating input score 56; 56th percentile among comparable filings
  • Total-asset coverage ratio: 1.45; rating input score 50; 50th percentile among comparable filings
  • Liabilities to assets ratio: 0.15; rating input score 50; 50th percentile among comparable filings
  • Officer compensation ratio: 5.6%; rating input score 49; 49th percentile among comparable filings

Growth

  • Program expense growth: -1.8% per year; rating input score 0; 9th percentile among comparable filings
  • Revenue growth: 0.2% per year; rating input score 100; 12th percentile among comparable filings
  • Asset growth: 6.7% per year; rating input score 100; 43rd percentile among comparable filings

Details

  • Where the money goes: 75.3% of revenue deployed · 83.3% of spending went to programs
  • Governance: 12 of 12 board members independent · 7 of 8 filing controls reported
  • Programs: 5 filed program accomplishments · $6.8M in reported program spending
  • Leadership: top reported pay $175K · 16 people listed · 2 of 6 pay-setting controls reported
  • Consistency: 34 of 34 current checks pass
  • Schedules: 9 filed schedules · includes major donors, foreign activity, and executive pay
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency & Controls: Foreign activity oversight scored 0/100.
  • High — Transparency & Controls: Grant itemization coverage scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • Review — Accountability: Governance controls: Form 990 shared with the board not reported.
  • Review — Sustainability: Operating margin scored 56/100.
  • Review — Sustainability: Total-asset coverage ratio scored 50/100.
  • Moderate — Sustainability: Officer compensation ratio scored 49/100.
  • Review — Sustainability: Liabilities to assets ratio scored 50/100.