TLC - The Treatment & Learning Centers

EIN: 520607924 501(c)(3)

Rockville, MD

Total Revenue
$20,367,393
Total Expenses
$20,686,554
Total Assets
$26,173,654
Net Assets
$11,649,921
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1956
Legal Domicile
MD
Principal Officer
Joshua Phillips
Tax Period
2024-07-01 to 2025-06-30

TLC - The Treatment & Learning Centers, founded in 1956, is a mid-sized nonprofit that reported $20.4M in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

To improve lives and expand possibilities for individuals with disabilities by providing educational, therapeutic and employment services.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $901,688
Program Service Revenue $18,917,597
Investment Income $247,118
Other Revenue $300,990
TOTAL REVENUE $20,367,393

Expense Breakdown

Grants Paid $1,357,824
Salaries & Benefits $15,398,852
Fundraising Expenses $362,776
Program Expenses $17,268,835
Other Expenses $3,929,878
TOTAL EXPENSES $20,686,554

Year-over-Year Comparison

2024 2023 Change
Revenue $20,367,393 $18,163,297 +0.1%
Expenses $20,686,554 $18,764,755 +0.1%
Net Income $-319,161 $-601,458 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
17
Independent Members
17
Employees
301
Volunteers
19

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
8
$458,806
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Patricia Ritter Executive Director 40.00
Officer
$271,421 $8,682 $280,103
Suellyn Sherwood Chief Financial Officer 40.00
Officer
$167,366 $11,337 $178,703
Rhona Schwartz Director High School Program 40.00
Highest
$135,880 $14,311 $150,191
Lewis Burnham Director of Development 40.00
Highest
$137,512 $4,345 $141,857
Nicole Abera Director of KTS LM Programs 40.00
Highest
$135,632 $4,334 $139,966
Brigid Baker Director of Clinical Programs 40.00
Highest
$122,028 $10,175 $132,203
David Boblits Director ITFacilities 40.00
Highest
$126,335 $3,992 $130,327
Peter Greif Trustee 1.00
Director
$0 $0 $0
Froma Roth Trustee 1.00
Director
$0 $0 $0
Sara Krieg Trustee 1.00
Director
$0 $0 $0
Bruce Arvand Trustee 1.00
Director
$0 $0 $0
Temitayo David Olanbiwonnu Trustee 1.00
Director
$0 $0 $0
Samantha Fraelich Trustee 1.00
Director
$0 $0 $0
David Schek Trustee 1.00
Director
$0 $0 $0
David Bergman Trustee 1.00
Director
$0 $0 $0
Thomas Nordlinger Trustee 1.00
Director
$0 $0 $0
Barry Scher Trustee 1.00
Director
$0 $0 $0
J Richard Ward Trustee 1.00
Director
$0 $0 $0
Michael Chow Vice President 1.00
Officer Director
$0 $0 $0
Sarah Garnett President 1.00
Officer Director
$0 $0 $0
Barbara Sable Past President 1.00
Officer Director
$0 $0 $0
Geoffrey Platnick General Counsel 1.00
Officer Director
$0 $0 $0
Joshua Phillips Treasurer 1.00
Officer Director
$0 $0 $0
Julie Fernandes Secretary 1.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $20,367,393 $20,686,554 $26,173,654 $-319,161
2024 $18,163,297 $18,764,755 $27,248,892 $-601,458
2023 $17,210,913 $17,260,981 $15,644,390 $-50,068
2022 $16,240,165 $15,386,168 $15,816,597 $853,997
2021 $16,805,293 $15,143,766 $16,034,183 $1,661,527
2020 $15,705,400 $14,794,519 $14,092,998 $910,881
2019 $14,264,246 $14,034,456 $11,745,168 $229,790
2018 $16,216,376 $13,226,436 $12,250,498 $2,989,940
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