Preparatory Rehabilitation For Individual Development & Employmen
- Assets
- $2.7m
- Revenue
- $4.9m
- Investments
- $0.0
- Employees
- 103
- Location
- Taunton, MA
- Founding
- 03/1994
- Data as of
- 06/2023
- EIN
- 04-2448196
Organization Overview
Preparatory Rehabilitation For Individual Development & Employmen is located in Taunton, MA. The organization was established in 1994. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. As of 06/2023, Preparatory Rehabilitation For Individual Development & Employmen employed 103 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Preparatory Rehabilitation For Individual Development & Employmen 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, Preparatory Rehabilitation For Individual Development & Employmen generated $4.9m in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $4.9m during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (1.5%) per year over the past 4 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
THE ORGANIZATION PROVIDES VOCATIONAL REHABILITATION PROGRAMS TO PEOPLE WITH DISABILITIES IN ORDER TO MAXIMIZE THEIR POTENTIAL AND EARNED INCOME.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADULT FAMILY CARE - PROVIDES AN ALTERNATIVE RESIDENTIAL OPTION FOR INDIVIDUALS WITH DISABILITIES WHO DESIRE TO LIVE IN THE COMMUNITY WITH A FAMILY. SERVED APPROXIMATELY 61 INDIVIDUALS DURING THE FISCAL YEAR.
COMMUNITY BASED DAY SUPPORT - PAID WORK EXPERIENCE AT THE IN-HOUSE PRODUCTION FACILITY. SERVED APPROXIMATELY 58 INDIVIDUALS DURING THE FISCAL YEAR.
DAY HABILITATION - SERVED 42 INDIVIDUALS - THIS PROGRAM PROVIDES STRUCTURED SOCIAL AND LEARNING EXPERIENCES FOR INDIVIDUALS WITH SIGNIFICANT DISABILITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Shafer Director | Trustee | 1 | $0 |
Jeffrey Hunt Director | Trustee | 1 | $0 |
Michael Peters Director | Trustee | 1 | $0 |
Atty William Manganiello Director | Trustee | 1 | $0 |
Carol Sullivan Director | Trustee | 1 | $0 |
Patricia Babbit Director/president | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $9,292 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $105,675 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $114,967 |
| Total Program Service Revenue | $4,795,766 |
| Investment income | $825 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $13,773 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $5,710 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,931,041 |
| 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. | $112,602 |
| Compensation of current officers, directors, key employees. | $112,602 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,136,166 |
| Pension plan accruals and contributions | $16,648 |
| Other employee benefits | $167,352 |
| Payroll taxes | $213,117 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $206 |
| Fees for services: Accounting | $17,010 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $17,848 |
| Advertising and promotion | $270 |
| Office expenses | $13,353 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $224,134 |
| Travel | $10,142 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,204 |
| Interest | $1,365 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $38,490 |
| Insurance | $3,499 |
| All other expenses | $126,744 |
| Total functional expenses | $4,869,469 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $742,012 |
| Savings and temporary cash investments | $231,705 |
| Pledges and grants receivable | $55,500 |
| Accounts receivable, net | $435,626 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $7,139 |
| Prepaid expenses and deferred charges | $40,892 |
| Net Land, buildings, and equipment | $822,802 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $379,684 |
| Total assets | $2,715,360 |
| Accounts payable and accrued expenses | $262,607 |
| Grants payable | $0 |
| Deferred revenue | $14,067 |
| 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 | $115,697 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $352,974 |
| Total liabilities | $745,345 |
| Net assets without donor restrictions | $1,875,031 |
| Net assets with donor restrictions | $94,984 |
| 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 | $2,715,360 |