The Clock Tower Schools
Nonprofit profile at a glance
- EIN
- 871568143
- IRS 990 coverage
- 2024–2024
- Forms available
- Form 990 2024, Form 990-N 2023
- Location
- Glen Mills, PA, USA
- Phone
- 6104598100
- Rating
- 65
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Correctional Facilities N.E.C.
Reported finances
- Revenue
- $715,905
- Expenses
- $4,841,594
- Assets
- $1,041,142
- Liabilities
- $9,842,640
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- MR PETER A CERIBELLI (VICE PRESIDENT OF BOARD OF MANAGERS)
- MS CAROLYN SEAGRAVES (PRESIDENT OF BOARD OF MANAGERS)
- DR CHRISTOPHER R SPRIGGS (EXECUTIVE DIRECTOR)
Highest reported compensation
- DR CHRISTOPHER R SPRIGGS (EXECUTIVE DIRECTOR): $113,632 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 clock tower schools works in partnership with students, families, and the community to inspire self-confidence, build lasting resiliency, and heal from the harmful effects of trauma, to help those we serve to live healthy, happy lives. This is accomplished through compassionate support, individual empowerment, and family-driven decision-making. The rehabilitative philosophy of the clock tower schools provides the best possible care, education, and development for youth. Rooted in a trauma-informed care modality, the clock tower schools administration and staff recognize the prevalence and pervasive impact of trauma in the lives of the youth we serve. Through a trauma-sensitive lens, we are committed to providing a safe environment that supports the development of trauma-resistant skills and strategies, to address the elevated risk factors associated with trauma.
What it reported doing in 2024
The clock tower schools (cts) is a non-profit, non-stock corporation established under the laws of the state of Pennsylvania, for the purpose of providing residential rehabilitative services for adjudicated youth, ages 14-18. Cts was formed for the exclusive purpose of providing rehabilitative, educational, and vocational services to youth through programs and services provided on our school campus. Cts provides care for adjudicated youth, 24 hours a day, 365 days per year. The care is provided by trained staff, who are selected for employment based upon their academic credentials, background checks, their ability to provide our specialized services, as well as provide appropriate supervision within our trauma-informed program model. The services are provided on a per diem basis, to various jurisdictions supporting the goal of the public, for youth to learn the necessary skills to be positive, successful, contributing members of society.
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 - The filed numbers largely add up and most voting board members are independent. A relatively small share of total spending goes to programs and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 57
- Transparency & Controls: 76
- Accountability: 95
- Sustainability: 10
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 94.3%; rating input score 94
- Program expense ratio: 13.9%; rating input score 14
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- 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: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- 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: Pass
Sustainability
- Operating margin: -576.3%; rating input score 0; 0th percentile among comparable filings
- Total-asset coverage ratio: 0.22; rating input score 10; 10th percentile among comparable filings
- Liabilities to assets ratio: 9.45; rating input score 0; 0th percentile among comparable filings
- Officer compensation ratio: 2.3%; rating input score 58; 58th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 94.3% of revenue deployed · 13.9% of spending went to programs
- Governance: 7 of 7 board members independent · 7 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $675K in reported program spending
- Leadership: top reported pay $114K · 8 people listed · 2 of 6 pay-setting controls reported
- Consistency: 32 of 32 current checks pass
- Schedules: 4 filed schedules · includes executive pay
- 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.
- High — Financial Efficiency: Program expense ratio scored 14/100.
- High — Sustainability: Operating margin scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 10/100.
- Review — Accountability: Governance controls: CEO compensation review process not reported.
- High — Sustainability: Liabilities to assets ratio scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 58/100.