Timothy School Development FundInc

Nonprofit profile at a glance

EIN
233051515
IRS 990 coverage
2012–2018
Forms available
Form 990 2018
Location
Berwyn, PA, USA
Phone
2152604710
Rating
66
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Single Organization Support

Reported finances

Revenue
$67,945
Expenses
$29,730
Assets
$1,170,597
Liabilities
$12,800

Source: IRS Form 990. Selected filing: tax year 2018. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • Judith A D'Angelo (President/Secretary)
  • William Samarin (Director/Vice President)
  • Julie Sealy (Director/President)

Highest reported compensation

  • Matt Riley (Director): $140,161 total reported compensation
  • Maureen Mundy (Secretary/Director): $112,308 total reported compensation
  • Thomas A Gervasi (Treasurer): $91,586 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization's mission is to provide financial support to The Timothy School, a non-profit PA Dept of Education designated Approved Private School, educating students ages 5 to 21 years old diagnosed with Autism.

What it reported doing in 2018

Provide financial support to The Timothy School, a non-profit PA Dept of Education designated Approved Private School, educating students ages 5 to 21 years old diagnosed with Autism. Students attend school from six couties in Southeastern PA including Bucks, Berks, Chester, Delaware, Montgomery and Philadelphia counties. The school is recognized for providing research based models of instruction including Structured Teaching, Applied Behavior Analysis, Total Communication and Positive Behavioral Supports. The Faculty participate in training seminars to disseminate best practices to the field and provide pre-service opportunities in Special Education, Speech Therapy and Occupational Therapy to undergraduate and graduate students from neighboring colleges. Parent training is an essential component of the school program to provide students with optimum opportunities to generalize skills within the home and community.

Operating model

Revenue model
Earned-program. 67% of the money available for current operations came from fees and other program revenue.
Distribution model
Grant intermediary. The nonprofit sent 86% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up and most filed governance safeguards are in place. A relatively small share of available resources goes toward mission work and a relatively small share of voting board members are independent.

Rating breakdown

  • Financial Efficiency: 54
  • Transparency & Controls: 94
  • Accountability: 60
  • Sustainability: 74
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 35.8%; rating input score 36
  • Program expense ratio: 86.1%; rating input score 86
  • Fundraising efficiency: $7.1 raised per $1 spent on fundraising; rating input score 47; 47th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 79th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Scored; rating input score 0

Accountability

  • Independent voting board: 50%; rating input score 50; 19th 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: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 56.2%; rating input score 92; 92nd percentile among comparable filings
  • Total-asset coverage ratio: 39.37; rating input score 90; 90th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 32; 32nd percentile among comparable filings
  • Officer compensation ratio: 158%; rating input score 3; 3rd percentile among comparable filings

Growth

  • Program expense growth: -38.5% per year; rating input score 0; 12th percentile among comparable filings
  • Revenue growth: -29% per year; rating input score 0; 16th percentile among comparable filings
  • Asset growth: 0.5% per year; rating input score 100; 51st percentile among comparable filings

Details

  • Where the money goes: 35.8% of revenue deployed · 86.1% of spending went to programs
  • Governance: 4 of 8 board members independent · 6 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $26K in reported program spending
  • Leadership: top reported pay $140K · 10 people listed
  • Consistency: 20 of 20 current checks pass
  • Schedules: 7 filed schedules · includes major donors, grants, and related organizations
  • Filing history: 7 filing years from 2012 to 2018
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 2 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.

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

  • Moderate — Financial Efficiency: Mission deployment rate scored 36/100.
  • Review — Accountability: Independent voting board scored 50/100.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 47/100.
  • Review — Accountability: Governance controls: 2 of 8 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Transparency & Controls: Related-party transparency scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 3/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 32/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.