Thoreau School Parent Teacher Group

Nonprofit profile at a glance

EIN
043328106
IRS 990 coverage
2024–2024
Forms available
Form 990 2024, Form 990-EZ 2023
Location
Concord, MA, USA
Phone
9783181300
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Education

Reported finances

Revenue
$450,776
Expenses
$442,931
Assets
$116,550
Liabilities
$0

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

Leadership & pay

16 people listed

Executive titles in this filing

  • LITTLE MARY (CO-PRESIDENT)
  • BIXBY COLLEEN (CO-PRESIDENT)
  • SHARMA SHUCHI (VICE PRESIDENT)

People named in this filing

  • LYNCH JULIE (DIRECTOR)
  • MERNA MEGAN (DIRECTOR)
  • BOARDMAN ADRIENNE (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The thoreau school parent teacher group (ptg) works to enhance the educational, cultural, and social experience of all thoreau elementary school students. The ptg provides a forum for collaboration among parents, teachers, staff, and administrators, supports programs and activities that benefit students and families, and helps strengthen the connection between the school and the wider community. The organization promotes understanding of school policies and initiatives, fosters a positive school spirit through the thoreau c.a.r.e.s. Values, which stand for cooperation, assertion, responsibility, empathy, and self-control, and serves as a liaison between the parent community and the school system.

What it reported doing in 2024

Children's programs include a wide range of enrichment opportunities coordinated by the ptg's children's programming committee. Offerings include visiting authors, science and cultural assemblies, arts and music workshops, performances, and other hands-on experiences that extend classroom learning. Programs are designed to complement the academic curriculum and promote social, creative, and intellectual development. Each grade-level and special subject classroom (art, music, library, physical education, and spanish) receives a predetermined stipend each year. Support staff, including classroom aides, special education staff, and therapists, are also eligible for stipends to support their work with students. Stipends are intended for classroom supplies, instructional materials, and enhancements not provided by the school budget that directly benefit students. Staff submit reimbursement requests with supporting receipts or invoices to the ptg treasurer, who reviews each request for appropriateness and budget availability before issuing reimbursement.

Operating model

Revenue model
Donor-supported. 99% 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 assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 85
  • Transparency & Controls: 92
  • Accountability: 70
  • Sustainability: 42
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 95.4%; rating input score 95
  • Program expense ratio: 97.1%; rating input score 97
  • Fundraising efficiency: Limited

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: 2 of 7 controls in place; rating input score 29
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 1.7%; rating input score 44; 44th percentile among comparable filings
  • Total-asset coverage ratio: 0.26; rating input score 14; 14th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 31.9% per year; rating input score 100; 94th percentile among comparable filings
  • Asset growth: -0.4% per year; rating input score 0; 23rd percentile among comparable filings

Details

  • Where the money goes: 95.4% of revenue deployed · 97.1% of spending went to programs
  • Governance: 16 of 16 board members independent · 2 of 7 filing controls reported
  • Programs: 2 filed program accomplishments · $430K in reported program spending
  • Leadership: top reported pay $0 · 16 people listed
  • Consistency: 15 of 15 current checks pass
  • Schedules: 3 filed schedules · includes major donors
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Accountability: Governance controls: 4 of 6 not reported.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 44/100.
  • High — Sustainability: Total-asset coverage ratio scored 14/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.