Skills Inc
- Assets
- $7.6m
- Revenue
- $9.7m
- Investments
- $581.8k
- Employees
- 178
- Location
- St Albans, ME
- Founding
- 05/1982
- Data as of
- 06/2023
- EIN
- 01-0272879
Organization Overview
Skills Inc is located in St Albans, ME. The organization was established in 1982. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. As of 06/2023, Skills Inc employed 178 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Skills Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Skills Inc generated $9.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $8.3m during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (5.7%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
ENRICH, EMPOWER, EMPLOY, EDUCATE AND EXCEL THE LIVES OF PEOPLE WITH INTELLECTUAL DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED RESIDENTIAL SERVICES TO 30 INDIVIDUALS LIVING IN 4 GROUP HOMES, 30 INDIVIDUALS LIVING IN 9 WAIVER HOMES, AND 12 INDIVIDUALS LIVING IN THEIR OWN HOMES SERVED BY HOME AND COMMUNITY SUPPORTS, ASSISTING AND ENABLING THEM TO MAXIMIZE THEIR SKILLS AND ABILITIES TO LIVE INDEPENDENTLY.
PROVIDED WORK AND COMMUNITY SUPPORTS AND LIFE SKILLS TO 69 PEOPLE IN 3 DAY PROGRAMS, ASSISTING AND ENABLING THEM TO MAXIMIZE THEIR SKILLS AND ABILITIES TO FUNCTION IN WORK AND COMMUNITY SETTINGS.
OTHER PROGRAM SERVICERS WHICH ENRICH, EMPOWER, EMPLOY, EDUCATE AND EXCEL THE LIVES OF PEOPLE WITH INTELLECTUAL DISABILITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephanie Johnson Past Exec. D | Officer | 40 | $71,762 |
Kristin Overton Executive Di | Officer | 40 | $64,525 |
Scott Adkins Past. Dir Of | Officer | 40 | $33,675 |
Dennis Worster Past Dir. Of | Officer | 40 | $1,695 |
Dr John Baker Director | Trustee | 0.25 | $0 |
Susan Bowman Director | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,156,005 |
| All other contributions, gifts, grants, and similar amounts not included above | $356,372 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,512,377 |
| Total Program Service Revenue | $8,015,761 |
| Investment income | $151,101 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $38,067 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,749,003 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $171,657 |
| Compensation of current officers, directors, key employees. | $171,657 |
| Compensation to disqualified persons | $34,879 |
| Other salaries and wages | $4,523,216 |
| Pension plan accruals and contributions | $74,860 |
| Other employee benefits | $835,791 |
| Payroll taxes | $362,527 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $14,296 |
| Fees for services: Accounting | $42,270 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $177,517 |
| Advertising and promotion | $41,423 |
| Office expenses | $11,406 |
| Information technology | $64,575 |
| Royalties | $0 |
| Occupancy | $286,931 |
| Travel | $18,985 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $62,916 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $89,619 |
| Insurance | $227,420 |
| All other expenses | $432,373 |
| Total functional expenses | $8,330,097 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $484,050 |
| Savings and temporary cash investments | $614,164 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,064,386 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $214,243 |
| Net Land, buildings, and equipment | $2,102,308 |
| Investments—publicly traded securities | $1,494,609 |
| Investments—other securities | $581,838 |
| Investments—program-related | $0 |
| Intangible assets | $10,646 |
| Other assets | $5,470 |
| Total assets | $7,571,714 |
| Accounts payable and accrued expenses | $175,251 |
| Grants payable | $0 |
| Deferred revenue | $25,000 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $1,094,478 |
| Other liabilities | $893,169 |
| Total liabilities | $2,187,898 |
| Net assets without donor restrictions | $5,383,816 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $7,571,714 |