Civic Intelligence

Talk Inc.

990 • Fiscal year 2023 • EIN 23-3064295

Sep 01, 2022 to Aug 31, 2023 • Filed on May 14, 2024

6 Campus BoulevardNewtown Square, PA 19073

(610) 356-5566

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

90th percentile

0.72x

Higher debt load relative to assets than 90% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

89th percentile

1.12x

Higher debt load relative to revenue than 89% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

25th percentile

-8.4%

Higher net margin than 25% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

69th percentile

$103,848

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 3.7% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

30th percentile

-1.7%

Faster asset growth than 30% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

65th percentile

18%

Faster revenue growth than 65% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Down

$4,346,731

Down $76,365 (-1.7%) from 2022

Net Assets

Down

$1,202,868

Down $271,762 (-18%) from 2022

Liabilities

Up

$3,143,863

Up $195,397 (+6.6%) from 2022

Revenue

Up

$2,809,245

Up $437,662 (+18%) from 2022

Expenses

Up

$3,045,415

Up $525,858 (+21%) from 2022

Net Income

Down

-$236,170

Down $88,196 (-60%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2010: $662,275Liabilities 2010: $188,817Net Assets 2010: $473,4582010Assets 2011: $787,797Liabilities 2011: $184,741Net Assets 2011: $603,0562011Assets 2012: $851,215Liabilities 2012: $163,573Net Assets 2012: $687,6422012Assets 2013: $1,023,448Liabilities 2013: $166,251Net Assets 2013: $857,1972013Assets 2014: $1,119,420Liabilities 2014: $157,652Net Assets 2014: $961,7682014Assets 2015: $1,422,144Liabilities 2015: $149,824Net Assets 2015: $1,272,3202015Assets 2016: $1,506,373Liabilities 2016: $172,746Net Assets 2016: $1,333,6272016Assets 2017: $1,586,462Liabilities 2017: $170,128Net Assets 2017: $1,416,3342017Assets 2018: $1,304,038Liabilities 2018: $35,787Net Assets 2018: $1,268,2512018Assets 2019: $1,488,263Liabilities 2019: $40,263Net Assets 2019: $1,448,0002019Assets 2020: $5,253,627Liabilities 2020: $3,465,412Net Assets 2020: $1,788,2152020Assets 2021: $4,682,796Liabilities 2021: $3,060,192Net Assets 2021: $1,622,6042021Assets 2022: $4,423,096Liabilities 2022: $2,948,466Net Assets 2022: $1,474,6302022Assets 2023: $4,346,731Liabilities 2023: $3,143,863Net Assets 2023: $1,202,8682023Assets 2024: $3,946,510Liabilities 2024: $2,652,648Net Assets 2024: $1,293,8622024

Highlighted filing

2023

Assets$4,346,731
Liabilities$3,143,863
Net Assets$1,202,868

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $922,2942010Expenses 2011: $955,5422011Expenses 2012: $1,123,3302012Expenses 2013: $1,297,3742013Revenue 2014: $1,644,393Expenses 2014: $1,539,821Net Income 2014: $104,5722014Revenue 2015: $1,756,914Expenses 2015: $1,446,362Net Income 2015: $310,5522015Revenue 2016: $1,594,949Expenses 2016: $1,533,642Net Income 2016: $61,3072016Revenue 2017: $1,650,804Expenses 2017: $1,587,897Net Income 2017: $62,9072017Revenue 2018: $1,624,375Expenses 2018: $1,791,658Net Income 2018: -$167,2832018Revenue 2019: $1,796,699Expenses 2019: $1,670,150Net Income 2019: $126,5492019Revenue 2020: $2,674,665Expenses 2020: $2,334,450Net Income 2020: $340,2152020Revenue 2021: $2,330,457Expenses 2021: $2,496,068Net Income 2021: -$165,6112021Revenue 2022: $2,371,583Expenses 2022: $2,519,557Net Income 2022: -$147,9742022Revenue 2023: $2,809,245Expenses 2023: $3,045,415Net Income 2023: -$236,1702023Revenue 2024: $2,482,877Expenses 2024: $2,391,883Net Income 2024: $90,9942024

Highlighted filing

2023

Revenue$2,809,245
Expenses$3,045,415
Net Income-$236,170
Jump To
Filing Snapshot
Filing Period
Sep 1, 2022 to Aug 31, 2023
Signed
May 14, 2024
Return Version
2022v5.0
Gross Receipts
$2,809,245
Mission and Program Overview

Mission

The talk school, is the nation's most progressive center for the education of children with autism and speech/language disorders. As teachers, therapists and researchers we are at the forefront of a new, more accurate and person centered understanding of autism. One that presents autism as a sensory based movement disorder profoundly affecting language, social interaction and praxis. While the scientific literature is just beginning to reflect this view, the talk school has always recognized that sensory and movement difficulties are at the foundation of autism and other language disorders. As a consequence, talk school provides intensive occupational and speech therapy to support a full day systematic, multisensory, language based curriculum including all academics.

Speech and language school including academics and intensive therapies integrated throughout the day.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,885,077$3,785,742▼ $99,335
Loans From Officers Directors$2,783,711$2,709,955▼ $73,756
Cash and Non-Interest-Bearing Accounts$541$464,833▲ $464,292
Savings and Temporary Cash Investments$358,778--
Pledges and Grants Receivable$1,456$81,000▲ $79,544
Accounts Receivable$17,164--
Prepaid Expenses and Deferred Charges$25,693$15,156▼ $10,537
Total Assets$4,288,709$4,346,731▲ $58,022
Liabilities
Accounts Payable and Accrued Expenses$65,960$433,908▲ $367,948
Total Liabilities$2,849,671$3,143,863▲ $294,192
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,160,213$1,133,504▼ $26,709
Net Assets With Donor Restrictions$278,825$69,364▼ $209,461
Total Net Assets Fund Balance$1,439,038$1,202,868▼ $236,170
Total Liabilities and Net Assets / Fund Balance$4,288,709$4,346,731▲ $58,022

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,131,975$277,626$3,409,601
Land$508,400-$508,400
Equipment$133,413$98,908$232,321
Other Land Buildings$11,954$11,137$23,091
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
Lisa RussellEmployee$100,823$3,025$103,848
Melinda KotlerTreasurer/se$100,000$3,000$103,000

Board Members and Trustees

NameTitle
Jason BorrelliPresident
Jose FernandezBoard Member
Louise Link SarukBoard Member
Maria GoodineBoard Member
Martin KotlerBoard Member
Suazanne FernandezBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$542,969
Program Service Revenue
$2,257,930
Investment Income
$8,346
Other Revenue
$0
All Other Contributions
$542,969
Change in Net Assets
$-236,170

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,151,993
Revenue Not Reported on Financial Statements
$657,252
Other Revenue Adjustments
$657,252
Total Revenue per Audited Statements
$2,151,993
Total Revenue per Form 990
$2,809,245
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,907,858
Grants and Similar Amounts Paid$657,252
Other Expenses$480,305
Total Fundraising Expense$2,984
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,416,256$173,381-$1,589,637
Grants to Domestic Individuals$657,252--$657,252
Payroll Taxes$121,334$14,854-$136,188
Current Officers, Directors, Trustees, and Key Employees$91,766$11,234-$103,000
Depreciation Depletion$99,909$2,228$699$102,836
Occupancy$88,813$1,981$621$91,415
Other Employee Benefits$70,413$8,620-$79,033
Interest-$67,926-$67,926
Fees for Services Accounting-$51,229-$51,229
Insurance$49,086$1,095$343$50,524
Fees for Services Other$6,956$7,818-$14,774
Information Technology$11,902$265$84$12,251
Fees for Services Legal-$10,000-$10,000
Other Expenses$5,214$12,730$1,237$5,214
All Other Expenses-$613-$613
Advertising$600--$600
Total Functional Expenses$2,644,184$398,247$2,984$3,045,415

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$3,045,415
Expenses per Audited Statements$2,388,163
Total Expenses per Audited Statements$2,388,163
Expenses Not Reported on Financial Statements$657,252
Other Expense Adjustments$657,252
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$2,783,711$2,709,955▼ $73,756
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Martin kotler melinda kotler board member treasurer husband and wife suzanne fernandez jose fernandez board member board member husband and wife

Form 990, Page 6, Part VI, Line 6

The bylaws provide for three members having the power to appoint persons to the board of trustees.

Form 990, Page 6, Part VI, Line 7A

The bylaws provide for three members having the power to appoint persons to the board of trustees. Other than appointment ( and removal) of members of the board of trustees, the members exercise no power over the decisions of the governing body. Two of the three members also serve on the governing body.

Form 990, Page 6, Part VI, Line 11B

The form 990 is reviewed and approved by the board of directors before filing. After board approval, the form 990 is filed electronically with the irs.

Form 990, Page 6, Part VI, Line 12C

The organization's conflict of interest policy shall be provided to all voting members and any other persons holding positions of responsibilty. These individuals shall agree to abide by the policy and shall disclose their affiliation with any organization with which the school does business. Potential for conflicts of interest are reviewed at each board meeting and prior to voting on any issues. The school requires voting members to abstain from decisionmaking on issues which they have potential conflicts of interest. Disclosure, participation and abstention shall be recorded in the minutes of the meeting(s) at which the issue is discussed and decided.

Form 990, Page 6, Part VI, Line 15A

: the board reviewed data from the bureau of labor and statistics, which indicated a salary range of 79,000127,000

Form 990, Page 6, Part VI, Line 19

The organization makes all governing documents, conflicts of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Talk Inc
EIN
23-3064295
Phone
6103565566
Address
6 CAMPUS BOULEVARD, NEWTOWN SQUARE, PA 19073

Signing Officer

Name
Melinda Kotler
Title
Treasurer/secretary
Phone
6106565566
Signed
2024-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Melinda Kotler
Formed
2001
Legal Domicile
Pa
Voting Board Members
7
Independent Board Members
3
Employees
56
Volunteers
50

Preparer

Firm
O'CONNELL & COMPANY LLC
Address
165 TOWNSHIP LINE RD STE 1100, JENKINTOWN, PA 19046
Preparer
Robert J Mcnamee
Phone
2158874425
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The talk school, is the nations' most progressive center for the education of children with autism and speech/language disorders. As teachers, therapists and researchers we are at the forefront of a new, more accurate and personcentered understanding of autism. One that presents autism as a sensorybased movement disorder profoundly affecting language, social interaction and praxis. While the scientific literature is just beginning to reflect this view, the talk school has always recognized that sensory and movement difficulties are at the foundation of autism and other language disorders. As a consequence, talk school provides intensive occupational and speech therapy to support a fullday systematic, multisensory, languagebased curriculum including all academics.

Form 990, Page 2, Part III, Line 4A

The talk school provides full day immersion in a languagebased, fully integrated therapeutic and academic program. In addition, talk provides unique therapies to its students and on an outpaient basis including language evaluations and therapeutic intervention for the treatment of childhood apraxia of speech, phonological disorders and language disorders. In addition, talk's occupational therapists offer occupational therapy based in sensory intergration, motor learning/motor development, and emotional relational approaches. The interactive metronome, a brain based assessemnt and training program developed to improve processing abilities that affect attention, motor planning, timing and sequencing; therasuit, which provides proprioceptive input to muscles and joints. The talk school expanded its license under the pennsylvania department of education to include tutoring. We are licensed to offer tutoring in both early literacy and emerging and developing literacy, including phonological awareness, soundsymbol association,syllable instruction, comprehension skills, synthetic and analytic instruction and multisensory instruction.

Form 990, Part XI, Line 9

Financial aid -657,252 financial aid 657,252

Financial Statement Notes

Schedule D, Page 3, Part X

Talk inc is exempt from income tax under irc section 501(c)(3), though it is subject to tax on income unrelated to its exempt purpose, unless that income is otherwise excluded by the code. Talk inc has processes presently in place to ensure the maintenance of its tax-exempt status; to identify and report unrelated income; to determine its filing and tax obligations; and to identify and evaluate other matters that may be considered tax positions. Talk inchas determined that there are no material uncertain tax positions that require recognition or disclosure in the financial statements.

Schedule D, Page 4, Part XI, Line 4B

FINANCIAL AID 657,252

Schedule D, Page 4, Part XII, Line 4B

FINANCIAL AID 657,252

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IRS990/Desc0THE TALK SCHOOL PROVIDES FULL DAY IMMERSION IN A LANGUAGEBASED, FULLY INTEGRATED THERAPEUTIC AND ACADEMIC PROGRAM. IN ADDITION, TALK PROVIDES UNIQUE THERAPIES TO ITS STUDENTS AND ON AN OUTPAIENT BASIS INCLUDING LANGUAGE EVALUATIONS AND THERAPEUTIC INTERVENTION FOR THE TREATMENT OF CHILDHOOD APRAXIA OF SPEECH, PHONOLOGICAL DISORDERS AND LANGUAGE DISORDERS. IN ADDITION, TALK'S OCCUPATIONAL THERAPISTS OFFER OCCUPATIONAL THERAPY BASED IN SENSORY INTERGRATION, MOTOR LEARNING/MOTOR DEVELOPMENT, AND EMOTIONAL RELATIONAL APPROACHES. THE INTERACTIVE METRONOME, A BRAIN BASED ASSESSEMNT AND TRAINING PROGRAM DEVELOPED TO IMPROVE PROCESSING ABILITIES THAT AFFECT ATTENTION, MOTOR PLANNING, TIMING AND SEQUENCING; THERASUIT, WHICH PROVIDES PROPRIOCEPTIVE INPUT TO MUSCLES AND JOINTS. THE TALK SCHOOL EXPANDED ITS LICENSE UNDER THE PENNSYLVANIA DEPARTMENT OF EDUCATION TO INCLUDE TUTORING. WE ARE LICENSED TO OFFER TUTORING IN BOTH EARLY LITERACY AND EMERGING AND DEVELOPING LITERACY, INCLUDING PHONOLOGICAL AWARENESS, SOUNDSYMBOL ASSOCIATION,SYLLABLE INSTRUCTION, COMPREHENSION SKILLS, SYNTHETIC AND ANALYTIC INSTRUCTION AND MULTISENSORY INSTRUCTION.
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IRS990/InsuranceGrp/FundraisingAmt0343
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IRS990/MissionDesc0THE TALK SCHOOL, IS THE NATIONS' MOST PROGRESSIVE CENTER FOR THE EDUCATION OF CHILDREN WITH AUTISM AND SPEECH/LANGUAGE DISORDERS. AS TEACHERS, THERAPISTS AND RESEARCHERS WE ARE AT THE FOREFRONT OF A NEW, MORE ACCURATE AND PERSONCENTERED UNDERSTANDING OF AUTISM. ONE THAT PRESENTS AUTISM AS A SENSORYBASED MOVEMENT DISORDER PROFOUNDLY AFFECTING LANGUAGE, SOCIAL INTERACTION AND PRAXIS. WHILE THE SCIENTIFIC LITERATURE IS JUST BEGINNING TO REFLECT THIS VIEW, THE TALK SCHOOL HAS ALWAYS RECOGNIZED THAT SENSORY AND MOVEMENT DIFFICULTIES ARE AT THE FOUNDATION OF AUTISM AND OTHER LANGUAGE DISORDERS. AS A CONSEQUENCE, TALK SCHOOL PROVIDES INTENSIVE OCCUPATIONAL AND SPEECH THERAPY TO SUPPORT A FULLDAY SYSTEMATIC, MULTISENSORY, LANGUAGEBASED CURRICULUM INCLUDING ALL ACADEMICS.
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IRS990/OtherExpensesGrp/Desc1SCHOOL SUPPLIES
IRS990/OtherExpensesGrp/Desc2OTHER EXPENSES
IRS990/OtherExpensesGrp/Desc3DEVELOPMENT EXPENSES
IRS990/OtherExpensesGrp/FundraisingAmt01237
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IRS990ScheduleD/BuildingsGrp/BookValueAmt03131975
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IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt011137
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IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0657252
IRS990ScheduleD/RevenueSubtotalAmt02151993
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0TALK INC IS EXEMPT FROM INCOME TAX UNDER IRC SECTION 501(C)(3), THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE CODE. TALK INC HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. TALK INCHAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FINANCIAL AID 657,252
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2FINANCIAL AID 657,252
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XI, LINE 4B
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XII, LINE 4B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03785742
IRS990ScheduleD/TotalExpensesPerForm990Amt03045415
IRS990ScheduleD/TotalRevenuePerForm990Amt02809245
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02151993
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02388163
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DOES NOT SOLICIT FOR STUDENTS BECAUSE THEY ARE A NEED BASED SCHOOL. THEIR RACIALLY NONDISCRIMINATORY POLICY IS DISPLAYED ON THEIR WEBSITE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1EXPLANATION OF GOVERNMENT FINANCIAL AID: TALK, INC. PARTICIPATES IN THE PENNSYLVANIA EDUCATIONAL INNOVATIVE TAX CREDIT PROGRAM, WHICH ALLOWS COMPANIES TO DONATE THEIR CORPORATE STATE TAX OBLIGATION TO EDUCATION AND RECEIVE TAX CREDITS
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt0657252
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0FINANCIAL AID
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt011
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt02709955
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0PURCHASE OF BUILDING
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt03000000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0LOAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0PRESIDENT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0ON JULY 19, 2019, THE BOARD PRESIDENT, JASON BORRELLI LOANED THE ORGANIZATION, 3,000,000 SECURED BY THE PURCHASE OF NEW REAL ESTATE. THERE ARE 360 MONTHLY PAYMENTS OF 11,806.89 AT 2.47% INTEREST DUE THROUGH MATURITY OF AUGUST 2049. THE TOTAL INTEREST PAYMENTS SCHEDULED TO BE PAID ARE 1,250,479. THE INITIAL PAYMENT WAS DUE SEPTEMBER 1, 2019.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE L, PART V
IRS990ScheduleL/TotalBalanceDueAmt02709955
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE TALK SCHOOL, IS THE NATIONS' MOST PROGRESSIVE CENTER FOR THE EDUCATION OF CHILDREN WITH AUTISM AND SPEECH/LANGUAGE DISORDERS. AS TEACHERS, THERAPISTS AND RESEARCHERS WE ARE AT THE FOREFRONT OF A NEW, MORE ACCURATE AND PERSONCENTERED UNDERSTANDING OF AUTISM. ONE THAT PRESENTS AUTISM AS A SENSORYBASED MOVEMENT DISORDER PROFOUNDLY AFFECTING LANGUAGE, SOCIAL INTERACTION AND PRAXIS. WHILE THE SCIENTIFIC LITERATURE IS JUST BEGINNING TO REFLECT THIS VIEW, THE TALK SCHOOL HAS ALWAYS RECOGNIZED THAT SENSORY AND MOVEMENT DIFFICULTIES ARE AT THE FOUNDATION OF AUTISM AND OTHER LANGUAGE DISORDERS. AS A CONSEQUENCE, TALK SCHOOL PROVIDES INTENSIVE OCCUPATIONAL AND SPEECH THERAPY TO SUPPORT A FULLDAY SYSTEMATIC, MULTISENSORY, LANGUAGEBASED CURRICULUM INCLUDING ALL ACADEMICS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE TALK SCHOOL PROVIDES FULL DAY IMMERSION IN A LANGUAGEBASED, FULLY INTEGRATED THERAPEUTIC AND ACADEMIC PROGRAM. IN ADDITION, TALK PROVIDES UNIQUE THERAPIES TO ITS STUDENTS AND ON AN OUTPAIENT BASIS INCLUDING LANGUAGE EVALUATIONS AND THERAPEUTIC INTERVENTION FOR THE TREATMENT OF CHILDHOOD APRAXIA OF SPEECH, PHONOLOGICAL DISORDERS AND LANGUAGE DISORDERS. IN ADDITION, TALK'S OCCUPATIONAL THERAPISTS OFFER OCCUPATIONAL THERAPY BASED IN SENSORY INTERGRATION, MOTOR LEARNING/MOTOR DEVELOPMENT, AND EMOTIONAL RELATIONAL APPROACHES. THE INTERACTIVE METRONOME, A BRAIN BASED ASSESSEMNT AND TRAINING PROGRAM DEVELOPED TO IMPROVE PROCESSING ABILITIES THAT AFFECT ATTENTION, MOTOR PLANNING, TIMING AND SEQUENCING; THERASUIT, WHICH PROVIDES PROPRIOCEPTIVE INPUT TO MUSCLES AND JOINTS. THE TALK SCHOOL EXPANDED ITS LICENSE UNDER THE PENNSYLVANIA DEPARTMENT OF EDUCATION TO INCLUDE TUTORING. WE ARE LICENSED TO OFFER TUTORING IN BOTH EARLY LITERACY AND EMERGING AND DEVELOPING LITERACY, INCLUDING PHONOLOGICAL AWARENESS, SOUNDSYMBOL ASSOCIATION,SYLLABLE INSTRUCTION, COMPREHENSION SKILLS, SYNTHETIC AND ANALYTIC INSTRUCTION AND MULTISENSORY INSTRUCTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MARTIN KOTLER MELINDA KOTLER BOARD MEMBER TREASURER HUSBAND AND WIFE SUZANNE FERNANDEZ JOSE FERNANDEZ BOARD MEMBER BOARD MEMBER HUSBAND AND WIFE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BYLAWS PROVIDE FOR THREE MEMBERS HAVING THE POWER TO APPOINT PERSONS TO THE BOARD OF TRUSTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BYLAWS PROVIDE FOR THREE MEMBERS HAVING THE POWER TO APPOINT PERSONS TO THE BOARD OF TRUSTEES. OTHER THAN APPOINTMENT ( AND REMOVAL) OF MEMBERS OF THE BOARD OF TRUSTEES, THE MEMBERS EXERCISE NO POWER OVER THE DECISIONS OF THE GOVERNING BODY. TWO OF THE THREE MEMBERS ALSO SERVE ON THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE FORM 990 IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS BEFORE FILING. AFTER BOARD APPROVAL, THE FORM 990 IS FILED ELECTRONICALLY WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION'S CONFLICT OF INTEREST POLICY SHALL BE PROVIDED TO ALL VOTING MEMBERS AND ANY OTHER PERSONS HOLDING POSITIONS OF RESPONSIBILTY. THESE INDIVIDUALS SHALL AGREE TO ABIDE BY THE POLICY AND SHALL DISCLOSE THEIR AFFILIATION WITH ANY ORGANIZATION WITH WHICH THE SCHOOL DOES BUSINESS. POTENTIAL FOR CONFLICTS OF INTEREST ARE REVIEWED AT EACH BOARD MEETING AND PRIOR TO VOTING ON ANY ISSUES. THE SCHOOL REQUIRES VOTING MEMBERS TO ABSTAIN FROM DECISIONMAKING ON ISSUES WHICH THEY HAVE POTENTIAL CONFLICTS OF INTEREST. DISCLOSURE, PARTICIPATION AND ABSTENTION SHALL BE RECORDED IN THE MINUTES OF THE MEETING(S) AT WHICH THE ISSUE IS DISCUSSED AND DECIDED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7: THE BOARD REVIEWED DATA FROM THE BUREAU OF LABOR AND STATISTICS, WHICH INDICATED A SALARY RANGE OF 79,000127,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE ORGANIZATION MAKES ALL GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9FINANCIAL AID -657,252 FINANCIAL AID 657,252
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990, PART XI, LINE 9
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IRS990/TaxablePartyNotificationInd0false
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02644184
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IRS990/TotalLiabilitiesGrp/EOYAmt03143863
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01439038

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.95$2.65$1.29$2.48$2.39$0.09
2023Detailed filing. Detailed filing data is available for this year.$4.35$3.14$1.20$2.81$3.05$0.24
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.42$2.95$1.47$2.37$2.52$0.15
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.68$3.06$1.62$2.33$2.50$0.17
2020Detailed filing. Detailed filing data is available for this year.$5.25$3.47$1.79$2.67$2.33$0.34
2019Detailed filing. Detailed filing data is available for this year.$1.49$0.04$1.45$1.80$1.67$0.13
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.30$0.04$1.27$1.62$1.79$0.17
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.59$0.17$1.42$1.65$1.59$0.06
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.51$0.17$1.33$1.59$1.53$0.06
2015Detailed filing. Detailed filing data is available for this year.$1.42$0.15$1.27$1.76$1.45$0.31
2014Detailed filing. Detailed filing data is available for this year.$1.12$0.16$0.96$1.64$1.54$0.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.02$0.17$0.86$1.30
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.85$0.16$0.69$1.12
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.79$0.18$0.60$0.96
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.66$0.19$0.47$0.92