Therapeutic Learning Center FY2023 filing

Tax-deductible

Willingboro, NJ501(c)(3)Since 1992EIN 22-3201547Revenue $12.1M in FY2023

On file with the IRSgarfieldparkacademy.org24 Glenolden Ln, 08046-3212 · Willingboro, NJTax-exempt since Feb 1993School — 170(b)(1)(A)(ii)

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Children with emotional challenges and Learning disabilities can be successful in life, if provided the resources to monitor and self-regulate their own behaviors. Through self-regulation, counseling, and an individualized education, the school can help students understand and achieve success by changing their attitudes and allowing themselves to achieve.

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
$755K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $148K a year · 1% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$755K
to officers and key staff · 6% of spending
Looks good: pay to officers and key staff is 6% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 1.5 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$3.7M
64% of total assets
Fine: liabilities are 64% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$12.1M
+9% vs prior year
Spent
$11.9M
To programs
100%
Net assets
$2.1M
By yearFY2020–FY2024
Revenue
$12.1M
FY2023▲ +9%
Tap a bar for its year
Revenue by fiscal year
FY2020$10.6M
FY2021$11.0M
FY2022$11.0M
FY2023$12.1M
FY2024$13.9M
FY2024$15.3M
Expenses
$11.9M
FY2023▲ +9%
Tap a bar for its year
Expenses by fiscal year
FY2020$10.5M
FY2021$10.8M
FY2022$10.9M
FY2023$11.9M
FY2024$13.7M
FY2024$15.2M
Net assets
$2.1M
FY2023▲ +7%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.6M
FY2021$1.9M
FY2022$2.0M
FY2023$2.1M
FY2024$2.3M
FY2024$2.4M

From the FY2023 Form 990 (year ending June 2023) · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 1993.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $11.9M

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

10 people listed on the 990; $755K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Superintendent
$265,372Pt VII · Sec A
Director
$265,280Pt VII · Sec A
Business Manager
$114,770Pt VII · Sec A
Social Worker
$110,065Pt VII · Sec A
Board Member & Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member & Chair
$0Pt VII · Sec A
Vice Chairman
$0Pt VII · Sec A

Compensation history total reportable pay by year · 6 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Steven Morse$264,925$264,925$265,372$264,817$269,201$259,239
Kerrie Morse$264,925$264,925$265,280$264,817$269,201$227,292
Michele Heinz————$174,716$165,810
Rebecca Wind-Samu$148,587$138,402————
Audra J Snyder$130,240$124,844$110,065$102,459——
Teresa Slocombe$122,561$117,489$114,770———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Therapeutic Learning Center is a nonprofit based in Willingboro, NJ, formed in 1992.

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Provided by the organization

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1 program · $11.9M · in their own filed words · FY2022
01

Teaching of emotionally disturbed and other handicapped students in all grades approximately 231 students were served during the period 07/01/22- 06/30/23.

$11.9Mprogram expense

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$12.1M
Ln 12
Fees for servicesLn 2g$12.1M
Gifts and grantsLn 1h$13K
Money outPt IX
$11.9M
Ln 25
Programscol B$11.9M
Owns and owesPt X
$2.1M
net assets · Ln 32
Cash and savingsLn 1–2$1.5M
Total assetsLn 16$5.9M
LiabilitiesLn 26$3.7M
PeoplePt VI, VII
10
listed · VII A
PaidVII A4
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$13K
Fees for servicesLn 2g$12.1M
Total revenueLn 12$12.1M
Assets in detailPt X, end of year
CashLn 1$1.3M
SavingsLn 2$188K
Cash and savings togetherLn 1–2$1.5M
Land, buildings, equipmentLn 10c$3.2M
Total assetsLn 16$5.9M
LiabilitiesLn 26$3.7M
Net assetsLn 32$2.1M
OperationsPt I, VI
EmployeesI 5137
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$984K$1.5M
Land, buildings, equipmentLn 10c$3.2M$3.2M
Total assetsLn 16$5.7M$5.9M
LiabilitiesLn 26$3.7M$3.7M
Net assetsLn 32$2.0M$2.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$340K$340K
Other salaries and wagesLn 7$5.1M$5.1M
Pension plan contributionsLn 8$800K$800K
Other employee benefitsLn 9$1.0M$1.0M
Payroll taxesLn 10$422K$422K
Legal feesLn 11b$138K$138K
Accounting feesLn 11c$141K$141K
Other fees for servicesLn 11g$200K$200K
Advertising and promotionLn 12$20K$20K
Office expensesLn 13$390K$390K
Information technologyLn 14$467K$467K
OccupancyLn 16$445K$445K
TravelLn 17$28K$28K
Conferences, conventions and meetingsLn 19$2K$2K
InterestLn 20$101K$101K
Depreciation, depletion and amortizationLn 22$200K$200K
InsuranceLn 23$103K$103K
Other expenses (24a–d)Ln 24$2.0M$2.0M
All other expensesLn 24e$55K$55K
Total functional expensesLn 25$11.9M$11.9M$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $13.9M$13.7M$193K$2.3M 990 PDF
FY2023 Viewing $12.1M$11.9M$137K$2.1M 990 PDF
FY2022 $11.0M$10.9M$100K$2.0M 990 PDF
FY2021 $11.0M$10.8M$240K$1.9M 990 PDF
FY2020 $10.6M$10.5M$70K$1.6M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (6 parts)
Part I · Summary $12,079,076 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $14,855$13,434
I-9 Program service revenuePrior year $11,032,390$12,084,160
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $1,195−$18,518
I-12 Total revenuePrior year $11,048,440$12,079,076
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $7,375,516$7,617,288
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $3,573,077$4,324,533
I-18 Total expensesPrior year $10,948,593$11,941,821
I-19 Revenue less expensesPrior year $99,847$137,255
Part VI · Governance 7 of 7 board members independent, 4 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-2 Family or business relationship among officers or directorsYes
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $12,079,076 across 4 lines filed
Lines not itemized here account for −$18,518 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$13,434
VIII-1h Total contributions, gifts and grants$13,434
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $12,084,160$12,084,160
VIII-12 Total revenueRelated to mission $12,065,642 · Unrelated business $0 · Excluded from tax $0$12,079,076
Part IX · Statement of functional expenses $11,941,821 across 19 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $339,921$339,921
IX-7 Other salaries and wagesPrograms $5,052,594$5,052,594
IX-8 Pension plan contributionsPrograms $799,565$799,565
IX-9 Other employee benefitsPrograms $1,002,811$1,002,811
IX-10 Payroll taxesPrograms $422,397$422,397
IX-11b Legal feesPrograms $138,107$138,107
IX-11c Accounting feesPrograms $141,385$141,385
IX-11g Other fees for servicesPrograms $200,277$200,277
IX-12 Advertising and promotionPrograms $19,560$19,560
IX-13 Office expensesPrograms $390,437$390,437
IX-14 Information technologyPrograms $467,414$467,414
IX-16 OccupancyPrograms $444,602$444,602
IX-17 TravelPrograms $28,061$28,061
IX-19 Conferences, conventions and meetingsPrograms $1,500$1,500
IX-20 InterestPrograms $101,309$101,309
IX-22 Depreciation, depletion and amortizationPrograms $200,494$200,494
IX-23 InsurancePrograms $103,420$103,420
IX-24 Other expenses (24a–d)Programs $2,032,488$2,032,488
IX-24e All other expensesPrograms $55,479$55,479
IX-25 Total functional expensesPrograms $11,941,821 · Management $0 · Fundraising $0$11,941,821
Part X · Balance sheet $5,870,311 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $796,116$1,295,572
X-2 Savings and temporary cash investmentsStart of year $187,856$187,950
X-4 Accounts receivableStart of year $1,436,124$1,152,013
X-9 Prepaid expenses and deferred chargesStart of year $44,239$26,545
X-10c Land, buildings and equipment, netStart of year $3,219,728$3,208,231
X-16 Total assetsStart of year $5,684,063$5,870,311
X-17 Accounts payable and accrued expensesStart of year $1,053,004$1,236,319
X-26 Total liabilitiesStart of year $3,698,023$3,747,016
X-27 Net assets without donor restrictionsStart of year $375,718$391,057
X-28 Net assets with donor restrictionsStart of year $1,610,322$1,732,238
X-32 Total net assets or fund balancesStart of year $1,986,040$2,123,295
X-33 Total liabilities and net assetsStart of year $5,684,063$5,870,311
Part XI · Reconciliation of net assets $2,123,295 net assets at year end
XI-1 Total revenue$12,079,076
XI-2 Total expenses$11,941,821
XI-3 Revenue less expenses$137,255
XI-4 Net assets at start of year$1,986,040
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,123,295

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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