Radnor A Better Chance Inc
Nonprofit profile at a glance
- EIN
- 237166553
- IRS 990 coverage
- 2012–2024
- Forms available
- Form 990 2024, Form 990-EZ 2011
- Location
- Wayne, PA, USA
- Phone
- 6102256502
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Group Homes
Reported finances
- Revenue
- $368,208
- Expenses
- $386,857
- Assets
- $732,515
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
18 people listed
Executive titles in this filing
- Candyce Wilson (Executive Director)
- Sarah Green (President)
Highest reported compensation
- Candyce Wilson (Executive Director): $49,288 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To increase substantially the number of well educated young people of color who are capable of assuming positions of responsibility and leadership in American society.
What it reported doing in 2024
Each year, Radnor ABC supports up to ten scholars while they attend Radnor High School. During the school year, the scholars live away from their families and reside in two houses on the same property in Wayne, PA with supervision by a resident director team and resident tutors. Although the Radnor Township School District waives tuition for these students, Radnor ABC still spends approximately $30,000 a year per student. This cost covers numerous expenses, including, but not limited to: food, including weekend food allowance; school supplies; team bonding events; extracurricular activity fees; SAT/ACT registration, study books and preparation classes; travel home for two breaks; compensation for our Executive Director, Assistant Resident Director, Resident Tutors, Assistant Program Manager, and a weekday cook; and house utilities, supplies, maintenance, repairs, and improvements. Radnor ABC relies completely on donations and grants from generous individuals and organizations to maintain its budget.
Operating model
- Revenue model
- Donor-supported. 94% of the money available for current operations came from contributions and gifts.
- 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. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 92
- Accountability: 90
- Sustainability: 43
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 93.2%; rating input score 93
- Program expense ratio: 88.3%; rating input score 88
- Fundraising efficiency: $21.74 raised per $1 spent on fundraising; rating input score 60; 60th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th 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: 6 of 8 controls in place; rating input score 75
- 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: Pass
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -5.1%; rating input score 29; 29th percentile among comparable filings
- Total-asset coverage ratio: 1.89; rating input score 58; 58th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 12.7%; rating input score 26; 26th percentile among comparable filings
Growth
- Program expense growth: 9% per year; rating input score 100; 67th percentile among comparable filings
- Revenue growth: 6.9% per year; rating input score 100; 61st percentile among comparable filings
- Asset growth: 2.6% per year; rating input score 100; 36th percentile among comparable filings
Details
- Where the money goes: 93.2% of revenue deployed · 88.3% of spending went to programs
- Governance: 16 of 16 board members independent · 6 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $342K in reported program spending
- Leadership: top reported pay $49K · 18 people listed
- Consistency: 24 of 24 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 13 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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: 2 of 8 not reported.
- High — Sustainability: Operating margin scored 29/100.
- Review — Sustainability: Total-asset coverage ratio scored 58/100.
- High — Sustainability: Officer compensation ratio scored 26/100.