Wonderspring

Nonprofit profile at a glance

EIN
231676836
IRS 990 coverage
2014–2024
Forms available
Form 990 2024
Location
Narberth, PA, USA
Phone
6106174550
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$8,496,009
Expenses
$9,001,456
Assets
$7,222,579
Liabilities
$5,097,302

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

Leadership & pay

17 people listed

Executive titles in this filing

  • ZAKIYYAH BOONE (CEO)
  • NINA SPIZER (PRESIDENT)
  • DOUG MARTINDALE (VICE PRESIDENT)

Highest reported compensation

  • ZAKIYYAH BOONE (CEO): $194,323 total reported compensation
  • THOMAS SULPIZIO (CFO): $165,931 total reported compensation

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

Overview

Mission

Our mission is to provide pathways to quality education for children. Our vision is to ensure all children have equitable access to high-quality education led by trusted professionals that engages families and has a measurable impact on lifelong success. Our organizational values are safety, quality, caring, fun and belonging.

What it reported doing in 2024

Wonderspring's programs offer a safe and nurturing environment, qualified staff, and age-appropriate curriculum to encourage learning, development, and growth during the most important years of a child's life. Our commitment to excellence is nationally recognized by multiple agencies including: NAEYC (National Association for the Education of Young Children), NAA (National Afterschool Association) and COA (Council on Accreditation). In addition, all our early childhood and school age centers have achieved a STAR 4 rating (out of 4) in Pennsylvania's Keystone STARS program. This program rates quality based on staff education, learning environment, leadership and management, and family and community partnerships. Early Childhood Education (ECE) programs are comprised of infant, toddler, preschool, and pre-k classrooms including Early Head Start and Pre-K Counts to ensure kindergarten readiness for every child. In 2025, we had a capacity to serve up to 650 children across 6 ECE centers. School Age programs provide before and after school care to as many as 400 children in the Colonial School District, where we also hold a Summer Camp for as many as 120 children.

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. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 84
  • Transparency & Controls: 74
  • Accountability: 100
  • Sustainability: 26
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 90%; rating input score 90
  • Program expense ratio: 84.1%; rating input score 84
  • Fundraising efficiency: $17.63 raised per $1 spent on fundraising; rating input score 56; 56th 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: 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: 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: -5.9%; rating input score 18; 18th percentile among comparable filings
  • Total-asset coverage ratio: 0.8; rating input score 30; 30th percentile among comparable filings
  • Liabilities to assets ratio: 0.71; rating input score 13; 13th percentile among comparable filings
  • Officer compensation ratio: 4%; rating input score 61; 61st percentile among comparable filings

Growth

  • Program expense growth: -5% per year; rating input score 0; 5th percentile among comparable filings
  • Revenue growth: -4.7% per year; rating input score 0; 4th percentile among comparable filings
  • Asset growth: 10.2% per year; rating input score 100; 59th percentile among comparable filings

Details

  • Where the money goes: 90% of revenue deployed · 84.1% of spending went to programs
  • Governance: 15 of 15 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $7.6M in reported program spending
  • Leadership: top reported pay $194K · 17 people listed · 2 of 6 pay-setting controls reported
  • Consistency: 31 of 31 current checks pass
  • Schedules: 6 filed schedules · includes major donors and executive pay
  • Filing history: 10 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Financial Efficiency: Fundraising efficiency scored 56/100.
  • High — Sustainability: Operating margin scored 18/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 30/100.
  • High — Sustainability: Liabilities to assets ratio scored 13/100.