Civic Intelligence

The Glen Mills Schools

990 • Fiscal year 2021 • EIN 23-6437695

Jul 01, 2020 to Jun 30, 2021 • Filed on May 16, 2022

PO Box 5001Concordville, PA 19331

(610) 459-8100

Siviq Scores

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

Liabilities / Assets

40th percentile

0.16x

Higher debt load relative to assets than 40% of similar nonprofits.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2021

Liabilities / Revenue

84th percentile

1.87x

Higher debt load relative to revenue than 84% of similar nonprofits.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2021

Net Margin

2nd percentile

-93%

Higher net margin than 2% of similar nonprofits.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2021

Top Officer Pay

20th percentile

$186,780

Higher top officer pay than 20% of similar nonprofits.

Top officer pay equals 3.1% of source-year revenue.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2021

Asset Growth

14th percentile

-1.6%

Faster asset growth than 14% of similar nonprofits.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2020 to 2021

Revenue Growth

59th percentile

17%

Faster revenue growth than 59% of similar nonprofits.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2020 to 2021

Assets

Down

$71,408,090

Down $1,172,920 (-1.6%) from 2020

Net Assets

Up

$60,196,119

Up $11,933,556 (+25%) from 2020

Liabilities

Down

$11,211,971

Down $13,106,476 (-54%) from 2020

Revenue

Up

$5,996,884

Up $861,199 (+17%) from 2020

Expenses

Down

$11,576,737

Down $2,657,358 (-19%) from 2020

Net Income

Up

-$5,579,853

Up $3,518,557 (+39%) from 2020

Historical Trend

Balance Sheet Trend

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

$150M$100M$50M$0Assets 2010: $116,880,617Liabilities 2010: $29,138,742Net Assets 2010: $87,741,8752010Assets 2011: $116,534,252Liabilities 2011: $23,167,745Net Assets 2011: $93,366,5072011Assets 2012: $114,693,589Liabilities 2012: $37,489,309Net Assets 2012: $77,204,2802012Assets 2013: $118,821,984Liabilities 2013: $36,813,178Net Assets 2013: $82,008,8062013Assets 2014: $118,547,639Liabilities 2014: $39,296,365Net Assets 2014: $79,251,2742014Assets 2015: $114,458,799Liabilities 2015: $49,130,155Net Assets 2015: $65,328,6442015Assets 2016: $107,964,523Liabilities 2016: $58,088,020Net Assets 2016: $49,876,5032016Assets 2017: $105,790,709Liabilities 2017: $43,146,103Net Assets 2017: $62,644,6062017Assets 2018: $100,433,511Liabilities 2018: $23,944,351Net Assets 2018: $76,489,1602018Assets 2019: $82,033,285Liabilities 2019: $19,024,445Net Assets 2019: $63,008,8402019Assets 2020: $72,581,010Liabilities 2020: $24,318,447Net Assets 2020: $48,262,5632020Assets 2021: $71,408,090Liabilities 2021: $11,211,971Net Assets 2021: $60,196,1192021Assets 2022: $59,887,606Liabilities 2022: $10,144,129Net Assets 2022: $49,743,4772022Assets 2023: $51,727,002Liabilities 2023: $6,840,417Net Assets 2023: $44,886,5852023Assets 2024: $51,248,884Liabilities 2024: $7,323,064Net Assets 2024: $43,925,8202024

Highlighted filing

2021

Assets$71,408,090
Liabilities$11,211,971
Net Assets$60,196,119

Operations Trend

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

$80M$60M$40M$20M$0-$20MExpenses 2010: $59,293,9002010Expenses 2011: $45,977,9482011Expenses 2012: $62,573,1932012Expenses 2013: $47,364,6632013Revenue 2014: $40,902,914Expenses 2014: $44,617,310Net Income 2014: -$3,714,3962014Revenue 2015: $41,887,235Expenses 2015: $45,462,053Net Income 2015: -$3,574,8182015Revenue 2016: $41,923,269Expenses 2016: $46,019,208Net Income 2016: -$4,095,9392016Revenue 2017: $39,815,162Expenses 2017: $45,577,632Net Income 2017: -$5,762,4702017Revenue 2018: $37,904,149Expenses 2018: $42,534,935Net Income 2018: -$4,630,7862018Revenue 2019: $24,129,387Expenses 2019: $22,589,799Net Income 2019: $1,539,5882019Revenue 2020: $5,135,685Expenses 2020: $14,234,095Net Income 2020: -$9,098,4102020Revenue 2021: $5,996,884Expenses 2021: $11,576,737Net Income 2021: -$5,579,8532021Revenue 2022: $9,044,283Expenses 2022: $9,804,051Net Income 2022: -$759,7682022Revenue 2023: $5,422,125Expenses 2023: $12,422,670Net Income 2023: -$7,000,5452023Revenue 2024: $9,881,240Expenses 2024: $13,171,517Net Income 2024: -$3,290,2772024

Highlighted filing

2021

Revenue$5,996,884
Expenses$11,576,737
Net Income-$5,579,853
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 16, 2022
Return Version
2020v4.1
Gross Receipts
$10,989,046
Mission and Program Overview

Mission

To provide troubled youth with new opportunities and a chance to succeed. Glen mills schools offers both a residential program and community-based programs. Our focus is on behavior, character, academics, athletics, and trade programs (continued on schedule o)

To provide troubled youth with new opportunities and a chance to succeed. Our focus is on behavior, character, academics, athletics, and trade programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$42,129,555$38,983,788▼ $3,145,767
Investments in Publicly Traded Securities$25,183,992$26,800,202▲ $1,616,210
Accounts Receivable$1,975,939$3,914,377▲ $1,938,438
Cash and Non-Interest-Bearing Accounts$1,785,359$558,626▼ $1,226,733
Inventories for Sale or Use$518,540$548,415▲ $29,875
Pledges and Grants Receivable$555,708$296,540▼ $259,168
Prepaid Expenses and Deferred Charges$412,472$286,691▼ $125,781
Savings and Temporary Cash Investments$19,445$19,451▲ $6
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$72,581,010$71,408,090▼ $1,172,920
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$20,913,788$5,437,033▼ $15,476,755
Accounts Payable and Accrued Expenses$3,034,711$5,390,721▲ $2,356,010
Deferred Revenue$369,948$384,217▲ $14,269
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$24,318,447$11,211,971▼ $13,106,476
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$47,921,192$59,854,748▲ $11,933,556
Net Assets With Donor Restrictions$341,371$341,371→ $0
Total Net Assets Fund Balance$48,262,563$60,196,119▲ $11,933,556
Total Liabilities and Net Assets / Fund Balance$72,581,010$71,408,090▼ $1,172,920

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$36,762,242$56,384,260$93,146,502
Equipment$1,880,870$23,067,210$24,948,080
Other Land Buildings$133,676$1,266,728$1,400,404
Land$207,000-$207,000

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$111,029---$111,029
2019$111,029---$111,029
2018$111,029---$111,029
2017$111,029---$111,029
2016$111,029---$111,029
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dr Christopher R SpriggsExecutive DirectorFT$142,411$44,369$186,780

Board Members and Trustees

NameTitle
Carolyn SeagravesPresident
Jack Ruane1st Vice President
Curtis Johnson2nd Vice President
George MoseeMember, Board of Managers
John ShieldsMember, Board of Managers
Joseph LoeperMember, Board of Managers
Mitzi HeppsMember, Board of Managers
Philip TordellaMember, Board of Managers
Scott BoothMember, Board of Managers
Sharon EsterlyMember, Board of Managers
Vance HudsonMember, Board of Managers
Will CarrMember, Board of Managers
Ruth LeachSecretary
Frank AlberoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$119,669
Program Service Revenue
$3,066,320
Investment Income
$1,886,410
Other Revenue
$924,485
All Other Contributions
$12,087
Change in Net Assets
$-5,579,853
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$7,668,877
Salaries, Compensation, and Employee Benefits$3,895,160
Grants and Similar Amounts Paid$12,700
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,112,206$2,112,206-$4,224,412
Depreciation Depletion$1,494,710$1,494,710-$2,989,420
Occupancy$737,703$741,132-$1,478,835
Insurance$650,271$650,271-$1,300,542
Other Employee Benefits$465,241$465,241-$930,482
Payroll Taxes$306,757$306,757-$613,514
Fees for Services Legal$239,168$239,168-$478,336
Fees for Services Other$209,328$209,328-$418,656
Current Officers, Directors, Trustees, and Key Employees$80,616$80,616-$161,232
Fees for Services Management$74,345$74,345-$148,690
Fees for Services Accounting$47,227$47,227-$94,454
Fees for Services Lobbying$41,250$41,250-$82,500
Interest$24,914$24,914-$49,828
Grants to Domestic Individuals$12,700--$12,700
Information Technology$5,903$5,903-$11,806
Fees for Service Investment Mgmnt Fees$5,698$5,698-$11,396
Other Expenses$5,377$5,377-$10,754
Advertising$1,182$1,182-$2,364
All Other Expenses$1,109$1,109-$2,218
Travel$850$850-$1,700
Pension Plan Contributions$-1,017,240$-1,017,240-$-2,034,480
Total Functional Expenses$5,776,754$5,799,983$0$11,576,737
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$50,332
Fundraising Gross Income$42,700
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Outing$150,282$42,700$17,832$24,868
Total Events$150,282$42,700$50,332$-7,632
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Paycheck Protection Program Loan$2,958,082
Liability for Pension Benefits$2,478,951
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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, Part VI, Section A, Line 7A

Any potential member of the Board of managers is subject to the approval of the board.

Form 990, Part VI, Section B, Line 11B

The form 990 was prepared by an international public accounting firm in conjunction with the organization's financial department. The audit committee of the board of managers will present the completed 990 and 990-t to the full board for consideration prior to mandatory filing date. Each board member will be provided ample opportunity to comment on the information contained in the 990 prior to its filing with the internal revenue service.

Form 990, Part VI, Section B, Line 12C

Each officer, director, trustee, and key employee of the glen mills schools is required to annually disclose any conflicts of interest that arise by virtue of employment, board service, or position with the schools. The glen mills schools monitors compliance with its conflict of interest policy through an annual questionnaire/disclosure statement that is distributed to these individuals. Potential conflicts are investigated immediately. Any board member or officer with a conflict of interest is required to recuse him/herself from any discussion, negotiation, deliberation, or decision making involving the transaction causing the conflict.

Form 990, Part VI, Section B, Lines 15A & 15B

The salary committee of the board of managers meets to determine the compensation for the executive director and to consider the salary recommendations made by management for the other staff. The committee then makes a recommendation to the board of managers for approval. The board of managers will vote on the recommendation. The decision of the board is noted in the official minutes of the board meeting.

Form 990, Part VI, Section C, Line 19

The organization provides its governing documents, conflict of interest policy and financial statements to the public upon request.

Filing and Contact Details

Filer

Filer Name
Glen Mills Schools
EIN
23-6437695
In Care Of
% COMPTROLLER
Phone
6104598100
Address
PO Box 5001, Concordville, PA 19331

Signing Officer

Name
Carolyn Seagraves
Title
President
Phone
6104598100
Signed
2022-05-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Carolyn Seagraves
Formed
1826
Legal Domicile
Pa
Voting Board Members
14
Independent Board Members
14
Employees
104
Volunteers
14

Preparer

Firm
Bdo USA Llp
Address
1801 MARKET STREET SUITE 1700, PHILADELPHIA, PA 19103
Preparer
Marc R Berger CPA
Phone
2155641900
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 1 (continued)

Which provide our students with the confidence and competence to be sucessful in life.

Form 990, Part III, Line 4A (continued)

Our general objectives, the same for all youth committed to our care, promotes the acquisition of life skills which prepares them to lead self-sufficient lives, whether their plan is reunification with parent/guardian(s) or independent living upon their discharge. As each youth accomplishes his goals and functions as a mature, responsible member of the glen mills community, his self-definition changes as well. The impact upon his self-concept and self-esteem is the result of his exposure to our carefully controlled, supervised normative culture. Services provided to youth committed to our care include: - providing a stable, safe and secure non-threatening environment which promotes and supports growth and achievement - providing superior nutrition and shelter - providing services that address physical, social and behavioral needs, especially with regard to anger control, problem solving, conflict resolution, decision-making, reinforcement of positive self-image, self-respect, and empathy for others - programming that assures a youth's behavioral and competency development - programming that provides not only educational but career and technical training which helps in the development of marketable, entry level job skills - providing an equal opportunity and accessibility to leisure activities including participation in intramural and/or interscholastic athletic competition - promoting the development of soft skills such as punctuality, respect, interpersonal and communication skills, and organizational pride which is supported by talented, qualified and dedicated staff during fiscal year 2021, the glen mills schools did not service any residential boys in its residential program.

For, 990, Part XI, Line 9

Change in pension benefit obligation: $14,307,423

Financial Statement Notes

Schedule D, Part V, Line 4

The following endowment funds are restricted in perpetuity to support the purposes summarized below: student scholarships $ 83,555 entertainment & gifts for students $ 13,474 maintenance of the chapel $ 10,000 other $ 4,000 total $ 111,029

Schedule D, Part X, Line 2

The schools has been approved by the internal revenue service as an organization that is exempt from federal income taxes under section 501(c)(3) of the internal revenue code and exempt from state income taxes under applicable state law. The schools may be subject to federal unrelated business income tax on net income that is derived from a trade or business, regularly carried on, and not in furtherance of the purposes for which it was granted exemption. The schools' obligation for unrelated business income tax for the years ended june 30, 2021 and 2020 is immaterial to the financial statements taken as whole and, therefore, no provision for federal unrelated business income taxes is presented. Pennsylvania does not tax net unrelated business income. The schools accounts for tax provisions in accordance with accounting standards codification ("asc") 740, accounting for uncertainty in income taxes, which clarifies the accounting for uncertainty in tax provisions. The guidance requires that a tax position be recognized or derecognized based on a "more likely than not" threshold. This applies to positions taken or expected to be taken in a tax return. The schools does not believe its financial statements include any material uncertain tax positions.

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IRS990/Desc0FOUNDED IN 1826 AS THE HOUSE OF REFUGE, THE GLEN MILLS SCHOOLS HAS PROVIDED SERVICES FOR OVER ONE HUNDRED AND NINETY YEARS AND IS THE OLDEST EXISTING INSTITUTION OF ITS TYPE IN THE UNITED STATES. THE GLEN MILLS SCHOOLS, LOCATED IN DELAWARE COUNTY, PENNSYLVANIA, HAS BEEN AT ITS PRESENT LOCATION FOR OVER ONE HUNDRED YEARS. THE SCHOOLS CONTRACTS WITH VARIOUS STATE AND COUNTY AGENCIES TO SERVE PRIMARILY AS A RESIDENTIAL FACILITY FOR DELINQUENT YOUNG MEN BETWEEN THE AGES OF 14 TO 18. THE GLEN MILLS SCHOOLS PRIMARILY PROVIDES RESIDENTIAL SERVICES FOR MALE DELINQUENT YOUTH, INCLUDING DIAGNOSTIC, EDUCATIONAL AND TRANSITIONAL SERVICES. (CONTINUED ON SCHEDULE O)
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IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt21ST VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt32ND VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER, BOARD OF MANAGERS
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER, BOARD OF MANAGERS
IRS990/Form990PartVIISectionAGrp/TitleTxt8MEMBER, BOARD OF MANAGERS
IRS990/Form990PartVIISectionAGrp/TitleTxt9MEMBER, BOARD OF MANAGERS
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IRS990/Form990PartVIISectionAGrp/TitleTxt12MEMBER, BOARD OF MANAGERS
IRS990/Form990PartVIISectionAGrp/TitleTxt13MEMBER, BOARD OF MANAGERS
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IRS990/PYBenefitsPaidToMembersAmt00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$51.2$7.32$43.9$9.88$13.2$3.29
2023Detailed filing. Detailed filing data is available for this year.$51.7$6.84$44.9$5.42$12.4$7.00
2022Detailed filing. Detailed filing data is available for this year.$59.9$10.1$49.7$9.04$9.80$0.76
2021Detailed filing. Detailed filing data is available for this year.$71.4$11.2$60.2$6.00$11.6$5.58
2020Detailed filing. Detailed filing data is available for this year.$72.6$24.3$48.3$5.14$14.2$9.10
2019Detailed filing. Detailed filing data is available for this year.$82.0$19.0$63.0$24.1$22.6$1.54
2018Detailed filing. Detailed filing data is available for this year.$100$23.9$76.5$37.9$42.5$4.63
2017Detailed filing. Detailed filing data is available for this year.$106$43.1$62.6$39.8$45.6$5.76
2016Detailed filing. Detailed filing data is available for this year.$108$58.1$49.9$41.9$46.0$4.10
2015Detailed filing. Detailed filing data is available for this year.$114$49.1$65.3$41.9$45.5$3.57
2014Detailed filing. Detailed filing data is available for this year.$119$39.3$79.3$40.9$44.6$3.71
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$119$36.8$82.0$47.4
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$115$37.5$77.2$62.6
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$117$23.2$93.4$46.0
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$117$29.1$87.7$59.3