Teleios Collaborative Network
Nonprofit profile at a glance
- EIN
- 824999138
- IRS 990 coverage
- 2018–2024
- Forms available
- Form 990 2024, Form 990-EZ 2017
- Location
- Flat Rock, NC, USA
- Phone
- 8283290175
- Rating
- 73
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Corporate Foundations
Reported finances
- Revenue
- $5,925,273
- Expenses
- $6,058,498
- Assets
- $1,719,897
- Liabilities
- $1,140,566
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
19 people listed
Executive titles in this filing
- CHRISTOPHER P COMEAUX (PRESIDENT, EX-OFFICIO)
Highest reported compensation
- CHRISTOPHER P COMEAUX (PRESIDENT, EX-OFFICIO): $476,086 total reported compensation
- MILLICENT BURKE-SINCLAR (MEMBER AT LARGE): $422,488 total reported compensation
- DANA KILLIAN (MEMBER AT LARGE): $298,242 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Provide an organizational model that allows non-profit hospices (members) to utilize best practices, economies of scale, and collaboration to prepare for emerging alternative payment models and advance their charitable missions.
What it reported doing in 2024
Teleios collaborative network supports its members and their local community-based programs for palliative and supportive care who aim to address the physical, psychological, and spiritual needs of the seriously or chronically ill and their family members. Teleios collaborative network enables members to leverage best practices, economies of scale, and collaborate in ways that better prepare each organization to participate in emerging alternative payments models and advance their charitable missions of promoting health through hospice, palliative, and advance illness care in local communities. During fye 9/30/2025, teleios collaborative network served twelve member hospices.
Operating model
- Revenue model
- Other-operating. 100% of the money available for current operations came from other operating 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. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 75
- Transparency & Controls: 82
- Accountability: 62
- Sustainability: 17
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 85.4%; rating input score 85
- Program expense ratio: 83.5%; rating input score 84
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd 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: Missing
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 58.3%; rating input score 58; 9th percentile among comparable filings
- Governance controls: 6 of 9 controls in place; rating input score 67
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Fail
- 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: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -2.2%; rating input score 26; 26th percentile among comparable filings
- Total-asset coverage ratio: 0.28; rating input score 9; 9th percentile among comparable filings
- Liabilities to assets ratio: 0.66; rating input score 14; 14th percentile among comparable filings
- Officer compensation ratio: 28.7%; rating input score 6; 6th percentile among comparable filings
Growth
- Program expense growth: 5.3% per year; rating input score 100; 41st percentile among comparable filings
- Revenue growth: 13.1% per year; rating input score 100; 77th percentile among comparable filings
- Asset growth: 16.9% per year; rating input score 100; 78th percentile among comparable filings
Details
- Where the money goes: 85.4% of revenue deployed · 83.5% of spending went to programs
- Governance: 7 of 12 board members independent · 6 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $5.1M in reported program spending
- Leadership: top reported pay $476K · 19 people listed · 3 of 6 pay-setting controls reported
- Consistency: 29 of 29 current checks pass
- Schedules: 6 filed schedules · includes executive pay
- Filing history: 7 filing years from 2018 to 2024
- Contacts: How to reach this organization
- Money network: 7 filed money-flow records
- Related organizations: 12 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.
- Review — Accountability: Independent voting board scored 58/100.
- Review — Accountability: Governance controls: 2 of 8 not reported.
- High — Sustainability: Operating margin scored 26/100.
- High — Sustainability: Total-asset coverage ratio scored 9/100.
- High — Sustainability: Officer compensation ratio scored 6/100.
- High — Sustainability: Liabilities to assets ratio scored 14/100.