Wediko Children's Services Inc

Nonprofit profile at a glance

EIN
046002778
IRS 990 coverage
2010–2019
Forms available
Form 990 2019
Location
Boston, MA, USA
Phone
6172673700
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Children's, Youth Services

Official website

Reported finances

Revenue
$10,112,596
Expenses
$12,624,637
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2019. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • EDWARD ZADRAVEC (INTERIM EXECUTIVE DIRECTOR)
  • JEFFREY KEFFER (PRESIDENT)

Highest reported compensation

  • EDWARD ZADRAVEC (INTERIM EXECUTIVE DIRECTOR): $152,796 total reported compensation
  • SANDRA PYRAM-LOYER (PROGRAM DIRECTOR): $106,825 total reported compensation
  • GREGORY STODDARD (PROGRAM DIRECTOR): $101,360 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2019. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization provides comprehensive mental health treatment and special educational services for children struggling with emotional, behavioral, and learning issues.

What it reported doing in 2019

The wediko summer program - the wediko summer program is a 45-day therapeutic residential program that provides comprehensive mental health treatment and special education services for boys and girls age 7 to 9 who are struggling with emotional and behavioral issues. The wediko summer program, located in windsor, New Hampshire, offers endless opportunities to have fun and enhance problem-solving and communication skills through academic instruction, experiential education, and family therapy.

Operating model

Revenue model
Grant-funded. 79% of the money available for current operations came from government grants.
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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 95
  • Transparency & Controls: 70
  • Accountability: 100
  • Sustainability: 9
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 88.4%; rating input score 88
  • Fundraising efficiency: $229.32 raised per $1 spent on fundraising; rating input score 91; 91st percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • 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: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 67th percentile among comparable filings
  • Governance controls: 8 of 8 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: 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: -24.8%; rating input score 3; 3rd percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 2.9%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 1.5% per year; rating input score 100; 26th percentile among comparable filings
  • Revenue growth: 0.4% per year; rating input score 100; 15th percentile among comparable filings
  • Asset growth: -6.3% per year; rating input score 0; 4th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 88.4% of spending went to programs
  • Governance: 8 of 8 board members independent · 8 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $11.2M in reported program spending
  • Leadership: top reported pay $153K · 11 people listed · 1 of 6 pay-setting controls reported
  • Highest-paid contractors: 3 contractors listed · $556K reported
  • Consistency: 30 of 30 current checks pass
  • Schedules: 6 filed schedules · includes major donors and executive pay
  • Filing history: 10 filing years from 2010 to 2019
  • Contacts: How to reach this organization
  • Money network: 3 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.

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 — Sustainability: Operating margin scored 3/100.
  • High — Sustainability: Total-asset coverage ratio scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.