Planned Lifetime Assistance Network of Pennsylvania
Nonprofit profile at a glance
- EIN
- 232547226
- IRS 990 coverage
- 2013–2024
- Forms available
- Form 990 2024
- Location
- Wayne, PA, USA
- Phone
- 6106874036
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Developmentally Disabled Centers
Reported finances
- Revenue
- $781,678
- Expenses
- $717,688
- Assets
- $769,136
- Liabilities
- $23,741
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- GREG S CARE CPA CVA (PRESIDENT)
- CHRISTINE PONTECORVO (EXECUTIVE DIRECTOR)
Highest reported compensation
- CHRISTINE PONTECORVO (EXECUTIVE DIRECTOR): $92,050 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Plan of pa's mission is to assist people living with a disability to live a meaningful life. We support families as they provide for the current needs of their loved ones in the areas of housing, vocational pursuits, obtaining benefits, increasing social supports, managing personal finances as well as achieving health & wellness goals. In addition, plan of pa partners with families to prepare for a loved one's future and assist the person when the family is no longer able to do so.
What it reported doing in 2024
Special needs trust administration - we serve as a fiduciary of special needs trusts so that people with a disability can preserve their benefits and set aside assets to supplement those benefits. As a corporate fiduciary, we manage all assets in the trust for the sole benefit of the beneficiary. We assist the person or family with understanding how to set up a special needs trust, deepening their understanding of options and possibilities. If named as the fiduciary, we work with the person and support system to understand how the trust operates and establish goals. We determine a budget, develop an investment strategy and establish a shared understanding of how trust assets intend to be used. The trust may hold investments, liquid assets or real property. Our fiduciary services focus on assisting the beneficiary to stabilize after a traumatic life circumstance, gain long term stability and achieve ongoing health, happiness and meaning in their lives. We engage financial and legal advisors as well as community contractors and professionals to preserve the assets in the trust for the benefit of the person with a disability. Plan of pa is able to serve as the corporate fiduciary of a first party or third party trust as well as a first or third party pooled trust.
Operating model
- Revenue model
- Earned-program. 91% 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 - The filed numbers largely add up and most voting board members are independent. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 57
- Transparency & Controls: 92
- Accountability: 84
- Sustainability: 51
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 62.4%; rating input score 62
- Program expense ratio: 68%; rating input score 68
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- 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; 63rd percentile among comparable filings
- Governance controls: 5 of 8 controls in place; rating input score 62
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 8.2%; rating input score 58; 58th percentile among comparable filings
- Total-asset coverage ratio: 1.07; rating input score 45; 45th percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 58; 58th percentile among comparable filings
- Officer compensation ratio: 12.8%; rating input score 28; 28th percentile among comparable filings
Growth
- Program expense growth: 5.4% per year; rating input score 100; 44th percentile among comparable filings
- Revenue growth: 3.2% per year; rating input score 100; 32nd percentile among comparable filings
- Asset growth: 3.5% per year; rating input score 100; 32nd percentile among comparable filings
Details
- Where the money goes: 62.4% of revenue deployed · 68% of spending went to programs
- Governance: 6 of 6 board members independent · 5 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $488K in reported program spending
- Leadership: top reported pay $92K · 7 people listed
- Consistency: 26 of 26 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 11 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- 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.
- Review — Accountability: Governance controls: 3 of 8 not reported.
- Review — Sustainability: Operating margin scored 58/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 45/100.
- High — Sustainability: Officer compensation ratio scored 28/100.
- Review — Sustainability: Liabilities to assets ratio scored 58/100.