Keystone Vocational Services Inc
- Assets
- $4.9m
- Revenue
- $4.4m
- Investments
- $0.0
- Employees
- 47
- Location
- Hermitage, PA
- Founding
- 11/2003
- Data as of
- 12/2023
- EIN
- 06-1676932
Organization Overview
Keystone Vocational Services Inc is located in Hermitage, PA. The organization was established in 2003. 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 12/2023, Keystone Vocational Services Inc employed 47 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Keystone Vocational Services 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 12/2023, Keystone Vocational Services Inc generated $4.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (4.5%) each year. All expenses for the organization totaled $3.6m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (7.1%) per year over the past 5 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
PROVIDE VOCATIONAL EMPLOYMENT AND TRAINING SERVICES TO BLIND AND DISABLED PEOPLE THROUGH THE MANUFACTURING AND ASSEMBLY OF TOOLS AND HELMETS, AND A MAILROOM SERVICE CONTRACT FOR THE FEDERAL GOVERNMENT. KEYSTONE'S GOALS ARE TO HELP BLIND AND DISABLED PERSONS TO MAINTAIN INDEPENDENCE THROUGH WORKFORCE DEVELOPMENT IN WESTERN PENNSYLVANIA,WHILE PRODUCING AND SHIPPING SUPERIOR QUALITY PRODUCTS AT COMPETITIVE PRICES IN BOTH THE FEDERAL AND COMMERCIAL MARKETS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAILROOM SERVICES IS A FEDERAL CONTRACT THAT PROVIDES DOCUMENT HANDLING, RETENTION AND SCHEDULED PURGING, DOCUMENT DESTRUCTION, AND FULL MAIL PROCESSING CENTER OPERATIONS FOR INCOMING AND OUTGOING MAIL. OTHER RESPONSIBILITIES INCLUDE RECEIVING, TRACKING, SORTING, PRINTING, COMPILING, SCANNING, MATERIAL MANIFESTING, AND DELIVERY OF MAIL. DURING 2023, TOTAL EMPLOYEES FOR THIS PROGRAM WERE 30 INCLUDING 19 WITH DISABILITIES.
PROVIDE VOCATIONAL TRAINING AND EMPLOYMENT SERVICES TO BLIND AND VISUALLY IMPAIRED PEOPLE BY THE MANUFACTURE OF TOOLS SOLD TO THE PUBLIC, STATE AND FEDERAL MARKETS. IN ADDITION, HELMETS ARE ASSEMBLED AND SOLD IN THE PUBLIC AND FEDERAL MARKETS. TOTAL EMPLOYEES FOR THIS PROGRAM TOTALED 14 DURING 2023, INCLUDING 12 WITH DISABILITIES.
CONTRIBUTION TO KEYSTONE BLIND ASSOCIATION
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laurie Staph CEO | Officer | 0 | $0 |
Nancy Black CFO | Officer | 0 | $0 |
Tom Kaikis Chairman | OfficerTrustee | 0.5 | $0 |
Walter Novosel Director | Trustee | 0.5 | $0 |
Tony Paglia Secretary | OfficerTrustee | 0.5 | $0 |
Christian Kuharik Director | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Keystone Independence Mgmt Management Services | 12/30/23 | $304,761 |
Service Source Mailroom Services | 12/30/23 | $616,869 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $23,426 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,426 |
| Total Program Service Revenue | $3,353,199 |
| Investment income | $62,216 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $18,085 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $907,909 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,385,434 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $105,000 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,304,659 |
| Pension plan accruals and contributions | $36,297 |
| Other employee benefits | $323,696 |
| Payroll taxes | $97,245 |
| Fees for services: Management | $304,762 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $8,665 |
| Fees for services: Other | $950,717 |
| Advertising and promotion | $620 |
| Office expenses | $21,145 |
| Information technology | $19,114 |
| Royalties | $0 |
| Occupancy | $135,311 |
| Travel | $65,238 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,981 |
| Interest | $2,505 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $90,615 |
| Insurance | $37,659 |
| All other expenses | $3,388 |
| Total functional expenses | $3,585,119 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $725,172 |
| Savings and temporary cash investments | $615,010 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $785,753 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $772,336 |
| Prepaid expenses and deferred charges | $77,238 |
| Net Land, buildings, and equipment | $341,295 |
| Investments—publicly traded securities | $1,579,683 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,896,487 |
| Accounts payable and accrued expenses | $321,296 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $22,672 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $6,613 |
| Total liabilities | $350,581 |
| Net assets without donor restrictions | $4,545,906 |
| 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 | $4,896,487 |