Midland School Inc

Nonprofit profile at a glance

EIN
221666121
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
North Branch, NJ, USA
Phone
9087228222
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$11,590,343
Expenses
$10,497,404
Assets
$19,324,193
Liabilities
$2,907,461

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

Leadership & pay

23 people listed

Executive titles in this filing

  • SHAWN MCINERNEY (President & CEO)

Highest reported compensation

  • GREGG SWEETMAN (CFO): $287,452 total reported compensation
  • SHAWN MCINERNEY (President & CEO): $219,379 total reported compensation
  • KEVIN SUTTON (MANAGER OF FINANCE): $162,582 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 Midland School is an approved not-for-profit New Jersey Department of Education private school dedicated to the individual, academic, social, emotional and career education needs of students ages 3 through 21, with intellectual and developmental disabilities. The Midland School serves children and adolescents from over 45 school districts throughout Northern and Central New Jersey. As leaders in the field, The Midland School promotes personal achievement and fosters independence by providing a range of innovative programs and services including: individualized instruction; multi-sensory approach, Midland Preschool, life skills training, extracurricular/after school programs, speech, occupational and physical therapies, certified BCBA, social worker, counseling, bilingual/culturally diverse staff and, where appropriate to the students needs, a comprehensive school to work transition program or transition services to other adult day program services. The Midland School offers a compr

What it reported doing in 2024

The midland school promotes personal achievement and fosters independence by providing a range of innovative programs and services including individualized instruction with a multi-sensory approach, midland preschool program, life skills training, extracurricular/ after school programs, speech, occupational and physical therapies, certified bcba, social work, bilingual/culturally diverse staff and where appropriate to the students needs, and a comprehensive school to work transistion program.

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.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 70
  • Transparency & Controls: 79
  • Accountability: 92
  • Sustainability: 58
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 74.7%; rating input score 75
  • Program expense ratio: 84.2%; rating input score 84
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Pass
    • Compensation survey or study: Missing
    • 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: 93.8%; rating input score 94; 27th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 9.4%; rating input score 66; 66th percentile among comparable filings
  • Total-asset coverage ratio: 1.84; rating input score 59; 59th percentile among comparable filings
  • Liabilities to assets ratio: 0.15; rating input score 65; 65th percentile among comparable filings
  • Officer compensation ratio: 12.4%; rating input score 13; 13th percentile among comparable filings

Growth

  • Program expense growth: -0.1% per year; rating input score 0; 10th percentile among comparable filings
  • Revenue growth: -0.4% per year; rating input score 0; 7th percentile among comparable filings
  • Asset growth: 1.8% per year; rating input score 100; 17th percentile among comparable filings

Details

  • Where the money goes: 74.7% of revenue deployed · 84.2% of spending went to programs
  • Governance: 15 of 16 board members independent · 8 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $8.8M in reported program spending
  • Leadership: top reported pay $287K · 23 people listed · 3 of 6 pay-setting controls reported
  • Consistency: 29 of 29 current checks pass
  • Schedules: 8 filed schedules · includes major donors and executive pay
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 8 filed money-flow records
  • Related organizations: 3 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 — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • Review — Sustainability: Total-asset coverage ratio scored 59/100.
  • High — Sustainability: Officer compensation ratio scored 13/100.