Tricounty Community Network Inc

Nonprofit profile at a glance

EIN
232684794
IRS 990 coverage
2016–2024
Forms available
Form 990 2024, Form 990-EZ 2019
Location
Pottstown, PA, USA
Phone
4843474688
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Community Service Clubs

Reported finances

Revenue
$361,746
Expenses
$511,357
Assets
$235,742
Liabilities
$467,243

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

Leadership & pay

10 people listed

Executive titles in this filing

  • HOLLY PARKER (EXECUTIVE DIRECTOR)

Highest reported compensation

  • HOLLY PARKER (EXECUTIVE DIRECTOR): $244,298 total reported compensation

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

Overview

Mission

Tricounty community network (tcn) is a nonprofit organization dedicated to strengthening the nonprofit and community service sector across the tricounty region. Tcn fosters collaboration among member organizations through its partnership hubs issue-focused groups

What it reported doing in 2024

Tricounty community network (tcn) strengthens the region's nonprofit sector and community outcomes by providing capacity-building services to nonprofits and by convening cross-sector stakeholders to address priority community needs. During the year, tcn served 142 nonprofit members and reached 4,000+ participants through trainings and workshops that build nonprofit leadership, governance, and operational capacity. Tcn delivered targeted technical assistance including 46 board trainings, 38 organizational coaching sessions, and human resources support for 27 member organizations. Tcn also supported nonprofit sustainability and resource development by writing/reworking 37 grant narratives, supporting 101 fund development events, helping prepare 12 organizations for capital campaigns, and assisting partners in launching 9 planned giving programs. With tcn's fund development support, nonprofit partners reported $8.1m+ raised. In addition, tcn advanced community collaboration by incubating 5 community work groups and convening/supporting 7 direct-impact projects focused on issues such as housing and homelessness, workforce development, youth engagement, and behavioral health/affordable housing advocacy. Tcn also facilitated connections for residents to access needed services, including 165 direct connections and 130 "warm handoffs." finally, tcn provided fiscal sponsorship and fund stewardship for 17 fiscally sponsored initiatives and stewarded/distributed approximately $954k in community emergency and special-purpose funds, supporting efforts such as operation holiday, the pottstown explosion fund, juneteenth celebrations, and emergency response funds.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 83
  • Transparency & Controls: 74
  • Accountability: 84
  • Sustainability: 11
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 72.9%; rating input score 73
  • Fundraising efficiency: $6.83 raised per $1 spent on fundraising; rating input score 29; 29th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • 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: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -41.4%; rating input score 7; 7th percentile among comparable filings
  • Total-asset coverage ratio: 0.46; rating input score 23; 23rd percentile among comparable filings
  • Liabilities to assets ratio: 1.98; rating input score 2; 2nd percentile among comparable filings
  • Officer compensation ratio: 47.8%; rating input score 4; 4th percentile among comparable filings

Growth

  • Program expense growth: 15% per year; rating input score 100; 79th percentile among comparable filings
  • Revenue growth: 10.7% per year; rating input score 100; 74th percentile among comparable filings
  • Asset growth: 12.2% per year; rating input score 100; 71st percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 72.9% of spending went to programs
  • Governance: 8 of 8 board members independent · 5 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $373K in reported program spending
  • Leadership: top reported pay $244K · 10 people listed · 2 of 6 pay-setting controls reported
  • Consistency: 29 of 29 current checks pass
  • Schedules: 5 filed schedules · includes major donors and executive pay
  • Filing history: 8 filing years from 2016 to 2024
  • 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: Fundraising efficiency scored 29/100.
  • Review — Accountability: Governance controls: 3 of 8 not reported.
  • High — Sustainability: Operating margin scored 7/100.
  • High — Sustainability: Total-asset coverage ratio scored 23/100.
  • High — Sustainability: Liabilities to assets ratio scored 2/100.
  • High — Sustainability: Officer compensation ratio scored 4/100.