The Weiss Gifted and Talented School Inc D/b/a the Weiss School

Nonprofit profile at a glance

EIN
270160216
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Palm Beach Gardens, FL, USA
Phone
5616270740
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Elementary, Secondary Education, K - 12

Official website

Reported finances

Revenue
$9,545,455
Expenses
$8,181,405
Assets
$13,041,881
Liabilities
$6,207,313

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

Leadership & pay

11 people listed

Highest reported compensation

  • DR TAMMY FERGUSON (HEAD OF SCHOOL): $293,021 total reported compensation
  • BRITTANY THEIMER (DIRECTOR OF MARKETING, ADM): $161,964 total reported compensation
  • STEPHEN PORTZ (TEACHER): $131,783 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 weiss school's mission is to foster a community of reflective, compassionate and unique gifted learners. To motivate and stimulate learners through a differentiated curriculum that promotes global awareness, leadership, critical thinking and problem solving; utilizing advanced technology.

What it reported doing in 2024

Gifted program: the weiss school is a school for children who need gifted services. We understand the unique needs of gifted children, and provide a highly individualized program that addresses challenges, builds upon strengths, and unleashes the potential of each young mind and spirit we serve. The school provides an environment that guides and fosters your child's social, emotional and intellectual needs. This specially designed gifted program and curriculum inspires bright minds to pursue lives of continual learning, leadership and achievement.in our quest to prepare our students to be learners that meet the demands of a highly technological society, we have afforded the children an opportunity to work with an advanced technology program. A one-to-one program with wireless tablet pcs for all fifth through eighth graders is currently in use. All textbooks are online and written work is synchronized from the students' laptops to those of the teachers. Students in the elementary grades use classroom computer stations as well as classroom sets of laptop computers from mobile laptop carts. All classrooms including music, band, art, foreign language and taekwondo are equipped with smart boards. The weiss school is proud of the technological expertise it instills in its students, while also bringing about an appreciation for an environmentally green awareness.

Operating model

Revenue model
Earned-program. 95% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 92% 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. Fundraising costs are high for each dollar raised and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 68
  • Transparency & Controls: 79
  • Accountability: 100
  • Sustainability: 56
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 71.4%; rating input score 71
  • Program expense ratio: 84.3%; rating input score 84
  • Fundraising efficiency: $2.7 raised per $1 spent on fundraising; rating input score 7; 7th percentile among comparable filings

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: 100%; rating input score 100; 72nd percentile among comparable filings
  • 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: 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: 14.3%; rating input score 70; 70th percentile among comparable filings
  • Total-asset coverage ratio: 1.59; rating input score 54; 54th percentile among comparable filings
  • Liabilities to assets ratio: 0.48; rating input score 22; 22nd percentile among comparable filings
  • Officer compensation ratio: 8.6%; rating input score 35; 35th percentile among comparable filings

Growth

  • Program expense growth: 6.2% per year; rating input score 100; 46th percentile among comparable filings
  • Revenue growth: 6.6% per year; rating input score 100; 52nd percentile among comparable filings
  • Asset growth: 12.5% per year; rating input score 100; 67th percentile among comparable filings

Details

  • Where the money goes: 71.4% of revenue deployed · 84.3% of spending went to programs
  • Governance: 7 of 7 board members independent · 9 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $6.9M in reported program spending
  • Leadership: top reported pay $293K · 11 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed · $152K reported
  • Consistency: 32 of 32 current checks pass
  • Schedules: 10 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • 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: Fundraising efficiency scored 7/100.
  • Review — Sustainability: Total-asset coverage ratio scored 54/100.
  • High — Sustainability: Liabilities to assets ratio scored 22/100.
  • Moderate — Sustainability: Officer compensation ratio scored 35/100.