Woods Services Inc
- Assets
- $89.0m
- Revenue
- $136.1m
- Investments
- $0.0
- Employees
- 2,211
- Location
- Langhorne, PA
- Founding
- 06/1988
- Data as of
- 06/2022
- EIN
- 23-1322002
Organization Overview
Woods Services Inc is located in Langhorne, PA. The organization was established in 1988. 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 06/2022, Woods Services Inc employed 2,211 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Woods 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 06/2022, Woods Services Inc generated $136.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $131.2m during the year ending 06/2022. While expenses have increased by 1.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
WOODS IS A NONPROFIT MULTI-SERVICE HEALTHCARE AND HUMAN SERVICES ORGANIZATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WOODS APPLIES EVIDENCE BASED TREATMENTS AND A POPULATION HEALTH APPROACH THAT INTEGRATES PRIMARY AND SPECIALTY MEDICAL CARE WITH BEHAVIORAL HEALTH SERVICES IN ORDER TO PROVIDE INNOVATIVE, COMPREHENSIVE EDUCATION, HOUSING, WORKFORCE, BEHAVIORAL HEALTH AND CARE COORDINATION SERVICES TO CHILDREN AND ADULTS IN THE INTELLECTUAL AND DEVELOPMENTAL DISABILITY, CHILD WELFARE, BEHAVIORAL AND BRAIN TRAUMA PUBLIC HEALTH SECTORS WHO HAVE COMPLEX AND INTENSIVE MEDICAL AND BEHAVIORAL HEALTHCARE NEEDS. WHETHER IN COMMUNITY, IN-HOME OR RESIDENTIAL SETTINGS, WOODS PROVIDES THE APPROPRIATE LEVEL OF INDIVIDUALIZED SUPPORTS THAT EMPOWER PEOPLE WITH DISABILITIES AND CHALLENGES TO REACH THEIR HIGHEST POTENTIAL. OUR MODEL RELIES ON THE STRENGTH OF OUR HIGHLY-TRAINED, HIGHLY-MOTIVATED AND EXTREMELY DEDICATED TEAM OF CLINICIANS, EDUCATORS AND COUNSELORS THROUGH A NETWORK OF SIX AFFILIATE ORGANIZATIONS LOCATED IN PENNSYLVANIA AND NEW JERSEY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barry Sharer Board Chair | OfficerTrustee | 3 | $0 |
Heather Fehn Vice Chair | OfficerTrustee | 2 | $0 |
Timothy Titus Secretary | OfficerTrustee | 2 | $0 |
Yelena Barychev Trustee | Trustee | 1 | $0 |
Peter Bodenheimer Trustee | Trustee | 2 | $0 |
Ron Davis Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Us Food Service Inc Food/equipment Provider | 6/29/22 | $1,737,682 |
Bucks County Intermediate Unit 22 Special Education Svcs | 6/29/22 | $1,664,336 |
Harvest Moon Landscaping Landscaping Services | 6/29/22 | $1,247,330 |
Prn Consultants Nursing Consultants | 6/29/22 | $906,840 |
Township Builders Contractor | 6/29/22 | $512,939 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $237,419 |
| Related organizations | $0 |
| Government grants | $1,474,356 |
| All other contributions, gifts, grants, and similar amounts not included above | $627,603 |
| Noncash contributions included in lines 1a–1f | $120,593 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,339,378 |
| Total Program Service Revenue | $129,876,270 |
| Investment income | $84,276 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $232,720 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $15,703 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $136,125,421 |
| 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. | $3,710,942 |
| Compensation of current officers, directors, key employees. | $3,633,892 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $74,216,778 |
| Pension plan accruals and contributions | $4,278,037 |
| Other employee benefits | $13,614,436 |
| Payroll taxes | $5,716,061 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $323,265 |
| Fees for services: Accounting | $211,000 |
| Fees for services: Lobbying | $158,140 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,816,147 |
| Advertising and promotion | $127,565 |
| Office expenses | $270,873 |
| Information technology | $928,124 |
| Royalties | $0 |
| Occupancy | $5,749,265 |
| Travel | $832,610 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $142,724 |
| Interest | $706,153 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,672,795 |
| Insurance | $2,081,887 |
| All other expenses | $0 |
| Total functional expenses | $131,194,767 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,607,829 |
| Savings and temporary cash investments | $4,308,600 |
| Pledges and grants receivable | $59,134 |
| Accounts receivable, net | $20,590,522 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $621,096 |
| Inventories for sale or use | $246,454 |
| Prepaid expenses and deferred charges | $2,798,371 |
| Net Land, buildings, and equipment | $32,645,308 |
| Investments—publicly traded securities | $7,500 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,100,026 |
| Total assets | $88,984,840 |
| Accounts payable and accrued expenses | $13,723,171 |
| Grants payable | $0 |
| Deferred revenue | $2,137,276 |
| Tax-exempt bond liabilities | $17,401,456 |
| 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 | $0 |
| Other liabilities | $6,222,966 |
| Total liabilities | $39,484,869 |
| Net assets without donor restrictions | $45,552,067 |
| Net assets with donor restrictions | $3,947,904 |
| 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 | $88,984,840 |
Grants Awarded
Over the last fiscal year, Woods Services Inc has awarded $8,000,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
WOODS AFFILIATION CORP PURPOSE: Support | $3,000,000 |
WOODS SERVICES FOUNDATION PURPOSE: Support | $5,000,000 |