Valley Day School

Tax-deductible

Morrisville, PA501(c)(3)Since 1957EIN 23-1526669

Valley day school is a private, non-profit, state-funded, special education school licensed by the pennsylvania department of education for students who are experiencing learning and/or adjustment difficulties.

501(c)(3) charity; gifts are tax-deductible.
89¢ of each $1 spent went to programs.
Run by 12 volunteers and 70 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
Is it a real charity?
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
Are gifts tax-deductible?
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Is it filing on time?
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 years looks good.
IRS e-file · Filing history
Is it financially stable?
4 of 4
years in the black
Looks good: no deficit in the last 4 filings.
Pt I · Ln 19 · 4 filings
How much reaches the programs?
89%
of spending
Looks good: 89% of spending went to programs; 75% or more looks good.
Pt IX · Ln 25 · col B
What are leaders paid?
$412K
to officers and key staff · 8% of spending
Looks good: leaders' pay is 8% of spending; 15% or less looks good.
Pt VII · Sec A
Do they have reserves?
1 mo
of spending, in cash
Worth a look: 1.3 months of spending in cash; under 3 is worth a look.
Pt X · Ln 1–2 · Pt I · Ln 18
Who is supporting them already?
1
named funder · $300
Worth a look: 1 funder names it on their filings; under 3 is worth a look.
Funders’ Sch. I, 990-PF
Do they carry debt?
$1.3M
liabilities
Looks good: debts are 15% of assets; 50% or less looks good.
Pt X · Ln 26
Who oversees it?
11
independent of 11 voting board members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodWorth a lookConcernTap a box for the reason.
Revenue
$6.4M
-9% vs prior year
Spent
$5.4M
To programs
89%
Net assets
$7.4M
By yearFY2021–FY2024
Revenue
$6.4M
FY2024▼ -9%
Revenue by fiscal year
FY2021$5.0M
FY2022$5.3M
FY2023$5.4M
FY2024$7.1M
FY2024$6.4M
Expenses
$5.4M
FY2024▼ -0.5%
Expenses by fiscal year
FY2021$4.6M
FY2022$4.6M
FY2023$5.0M
FY2024$5.4M
FY2024$5.4M
Net assets
$7.4M
FY2024▲ +8%
Net assets by fiscal year
FY2021$4.3M
FY2022$4.6M
FY2023$5.0M
FY2024$6.8M
FY2024$7.4M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Legal name (IRS)Hdr · item CValley Day School
EINHdr · item D23-1526669
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFAug 1961
Year of formationHdr · item L1957
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CMorrisville, PA
NTEE classificationIRS BMFNonprofit
WebsiteHdr · item Jvalleyday.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.89 Management & general $0.10 Fundraising $0.01
Program services89%$4.8M
Management & general10%$547K
Fundraising1%$54K
Total functional expensesLn 25$5.4M

Financial health

Is it on solid ground?

Program efficiency
89%
of spending reaches programs▼ -0.6% vs prior filing year
Operating runway
17.4mo
months of highly liquid reserves at operating expense rate▲ +32% vs prior filing year
Surplus margin
+16%
revenue over expenses, this year▼ -30% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$8.7M
FY2024▲ +15%
Total assets by fiscal year
FY2021$5.3M
FY2022$5.7M
FY2023$6.4M
FY2024$7.6M
FY2024$8.7M
Total liabilities
$1.3M
FY2024▲ +81%
Total liabilities by fiscal year
FY2021$967K
FY2022$1.1M
FY2023$1.4M
FY2024$721K
FY2024$1.3M
Revenue less expensesPt I · Ln 19$1.1M
Total assetsPt X · Ln 16$8.7M
Program-expense ratioPt IX · col B89%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411

Balance Sheet

Part X · end of year
CashLn 1$597K
Total assetsLn 16$8.7M
Total liabilitiesLn 26$1.3M
Total net assetsLn 32$7.4M
Months of cash on handcomputed1.3

Statement of Revenue

Part VIII
Program service revenue$6.0M · 93%
Investment income$390K · 6%
Contributions & grants$33K · 1%
Program service revenue93%$6.0M
Investment income6%$390K
Contributions & grants1%$33K
Other revenue$27K
— government grantsLn 1e$33K
Total revenueLn 12$6.4M

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $7.8M · Operating expenses/yr $5.4M
17.4 months
Where the money goes
Program services
Program services $4.8M · Total expenses $5.4M
89%
Management & General
Management & general $547K · Total expenses $5.4M
10%
Fundraising
Fundraising $54K · Total expenses $5.4M
1%
Cost to raise $1
Fundraising expense (3-yr avg) $37K · Solicited contributions (3-yr avg) $700
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $33K · Total revenue $6.4M
0.5%
Government reliance
Government grants $33K · Total revenue $6.4M
0.5%
Earned-income share
Program service revenue $6.0M · Total revenue $6.4M
93%
Investment reliance
Investment income $390K · Total revenue $6.4M
+6%
Program self-sufficiency
Program service revenue $6.0M · Total expenses $5.4M
111%
Growth & trend
Revenue growth (YoY)
This year $6.4M · Prior year $7.1M
-9%
Revenue CAGR
FY2020 $5.0M · FY2024 $6.4M
+7%
Net-asset trend (YoY)
End of year $7.4M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $6.4M · Expenses $5.4M
+16%
Liabilities-to-Assets
Total liabilities — · Total assets $8.7M
—
Net-asset ratio
Net assets $7.4M · Total assets $8.7M
85%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $7.2M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $8.7M
83%
People & payroll
Highest Reported Total Compensation
Individual Dr Robert Phillips · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $186K · Total expenses $5.4M
3%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $4.3M · Total expenses $5.4M
81%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 89%——
Overhead ratio 10%——
Fundraising cost ratio 163%——
Revenue growth -9%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$185,561Pt VII · Sec A
$119,541Pt VII · Sec A
Education Director
$107,264Pt VII · Sec A
$0Pt VII · Sec A
Member
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021
Dr Robert Phillips$185,561$174,847$176,123$138,304$104,308
James Romano$119,541$115,076———
Sean Matthews$107,264$105,317———
Ronald Paskanik—$106,445———

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.

See Valley Day School executive salaries →

Are you one of these people? Claim this org to confirm your role

Governance & Policies

Part VI
  • 11Voting board membersPt VI · Ln 1a
  • 11Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13Yes
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aYes
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Provides licensed educational services for students.

Provided by the organization

This section is blank until Valley Day School claims this page.

Know this organization? Claim it to add your story

Mission & Programs · Part III

Where the work happens

1 program service account for $4.8M of program spending, described in the organization's own filed words · FY2024.
01

The organization is a private, state aided special educational school licensed by the pennsylvania department of education for children ages 4-21 and in grades k-12+ of average intellectual potential who are experiencing learning or adjustment difficulties.

$4.8Mprogram expense

Run this program? Claim this org to tell your story

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$300

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 $7.1M$5.4M+31% 990 PDF
FY2023 $5.4M$5.0M+1% 990 PDF
FY2022 $5.3M$4.6M+6% 990 PDF
FY2021 $5.0M$4.6M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Full filing: Form 990 for FY2024

Every line we hold from the return, cited to its Part and line.
Part IX · Statement of functional expenses $5,375,762 across 18 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $63,478 · Management $148,117$211,595
IX-7 Other salaries and wagesPrograms $2,780,776 · Management $36,358 · Fundraising $35,282$2,852,416
IX-8 Pension plan contributionsPrograms $539,995 · Management $28,612 · Fundraising $6,733$575,340
IX-9 Other employee benefitsPrograms $427,277 · Management $15,409 · Fundraising $5,367$448,053
IX-10 Payroll taxesPrograms $226,054 · Management $13,552 · Fundraising $2,811$242,417
IX-11b Legal feesPrograms $4,983 · Management $23,864$28,847
IX-11c Accounting feesPrograms $16,068 · Management $76,956$93,024
IX-11f Investment management feesManagement $14,528$14,528
IX-11g Other fees for servicesPrograms $20,347 · Management $97,445$117,792
IX-12 Advertising and promotionManagement $3,734$3,734
IX-13 Office expensesPrograms $72,788 · Management $60,617 · Fundraising $405$133,810
IX-14 Information technologyPrograms $4,163$4,163
IX-16 OccupancyPrograms $39,194 · Management $2,350 · Fundraising $487$42,031
IX-17 TravelPrograms $8,124$8,124
IX-22 Depreciation, depletion and amortizationPrograms $76,831 · Management $1,549$78,380
IX-23 InsurancePrograms $75,250 · Management $4,247 · Fundraising $881$80,378
IX-24 Other expenses (24a–d)Programs $388,106 · Management $19,198 · Fundraising $2,225$409,529
IX-24e All other expensesPrograms $31,601$31,601
IX-25 Total functional expensesPrograms $4,775,035 · Management $546,536 · Fundraising $54,191$5,375,762

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

Similar organizations you could support

Closest in mission — by what they do
See all organizations like Valley Day School →

Run this organization? Claim this page

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.