Pennswood Village

Nonprofit profile at a glance

EIN
232021541
IRS 990 coverage
2009–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024
Location
Newtown, PA, US
Phone
866-935-1544
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Supportive Housing for Older Adults

Official website

Reported finances

Revenue
$48,141,785
Expenses
$39,983,192
Assets
$152,295,072
Liabilities
$121,157,111

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

Leadership & pay

22 people listed

Executive titles in this filing

  • DANIEL MURRAY (CHIEF EXECUTIVE OFFICER)

Highest reported compensation

  • DANIEL MURRAY (CHIEF EXECUTIVE OFFICER): $408,848 total reported compensation
  • TIM MCQUAID (CHIEF FINANCIAL OFFICER): $284,602 total reported compensation
  • THOMAS ATKINS (CHIEF OPERATING OFFICER): $277,545 total reported compensation

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

Overview

Mission

Pennswood Village, a caring community guided by Quaker principles and traditions, leading the way in the provision of residential and healthcare services to those age 65 and older.

What it reported doing in 2024

Pennswood village began operations in june 1980 with the purpose of providing a continuum of residential, health care, wellness, social, and community-based services and programs for those persons age 65 and older. Pennswood village offers accommodations of 330 residential living apartments of varying sizes, 37 personal care apartments with 41 licenses and 53 medicare skilled nursing beds that meet the physical, social, and spiritual needs of residents requiring these higher levels of care.residents are admitted to the community with consideration given to their ability to pay the established fees that are based on the type of accommodation occupied. However, no residents will be asked to leave the community for reasons of inability to pay the established fees when the inability to pay is not their own fault. Financial assistance to those in need is available and for the year that ended march 31, 2025, $190,089 was awarded to 5 individuals. Over the last ten years assistance to residents amounted to approximately $3.59 million.pennswood village provides hot and cold food and packaging supplies for the woodside meals program. Highly nutritious hot meals are produced daily for this program and provided at cost to woodside meals on wheels. To support the surrounding community, pennswood village also makes payments in lieu of taxes (pilot) to the local government and contributions to local organizations such as police, fire and ems.

Operating model

Revenue model
Earned-program. 92% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 97% 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. Liabilities are high compared with assets and some filed totals do not add up.

Rating breakdown

  • Financial Efficiency: 70
  • Transparency & Controls: 93
  • Accountability: 100
  • Sustainability: 69
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 74.6%; rating input score 75
  • Program expense ratio: 84.5%; rating input score 84
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 94.1%; rating input score 94; 20th 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: 98.9%; rating input score 99; 31st percentile among comparable filings
  • 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; 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: 16.9%; rating input score 79; 79th percentile among comparable filings
  • Total-asset coverage ratio: 3.81; rating input score 80; 80th percentile among comparable filings
  • Liabilities to assets ratio: 0.8; rating input score 14; 14th percentile among comparable filings
  • Officer compensation ratio: 4.7%; rating input score 53; 53rd percentile among comparable filings

Growth

  • Program expense growth: 2.2% per year; rating input score 100; 20th percentile among comparable filings
  • Revenue growth: 3.2% per year; rating input score 100; 27th percentile among comparable filings
  • Asset growth: 3.6% per year; rating input score 100; 26th percentile among comparable filings

Details

  • What they do: 3 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 74.6% of revenue deployed · 84.5% of spending went to programs
  • Governance: 12 of 12 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $33.8M in reported program spending
  • Leadership: top reported pay $409K · 22 people listed · 5 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $2.3M reported
  • Consistency: 40 of 41 current checks pass · 1 finding to review
  • Schedules: 10 filed schedules · includes major donors, grants, executive pay, and related organizations
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 12 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.
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Sustainability: Liabilities to assets ratio scored 14/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Review — Sustainability: Officer compensation ratio scored 53/100.
  • High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.