Devereux Foundation
- Assets
- $307.9m
- Revenue
- $522.1m
- Investments
- $0.0
- Employees
- 9,348
- Location
- Villanova, PA
- Founding
- 03/1941
- Data as of
- 06/2021
- EIN
- 23-1390618
Organization Overview
Devereux Foundation, operating under the name Devereux Advanced Behavioral Health, is located in Villanova, PA. The organization was established in 1941. According to its NTEE Classification (G05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 06/2022, Devereux Advanced Behavioral Health employed 9,348 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Devereux Advanced Behavioral Health 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 06/2021, Devereux Advanced Behavioral Health generated $522.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $543.1m during the year ending 06/2021. While expenses have increased by 4.1% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
DEVEREUX IS A LEADING BEHAVIORAL HEALTHCARE ORGANIZATION SUPPORTING MANY OF THE MOST UNDERSERVED AND VULNERABLE MEMBERS OF OUR COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CAMPUS-BASED RESIDENTIAL/EDUCATION: ACROSS ITS 15 CENTERS, DEVEREUX PROVIDES A SPECTRUM OF CAMPUS-BASED RESIDENTIAL SERVICES INCLUDING RESIDENTIAL TREATMENT FOR THE AUTISTIC SPECTRUM OF DISORDERS, SUBSTANCE ABUSE TREATMENT, AND INCLUDING SUCH CHALLENGING SERVICES AS TREATMENT FOR ADOLESCENT SEXUAL OFFENDERS. DEVEREUX OFFERS AGE-APPROPRIATE EDUCATIONAL SERVICES FOR STUDENTS IN ITS RESIDENTIAL PROGRAMS. THESE STUDENTS MAY BE IN TREATMENT FOR MENTAL/EMOTIONAL DISORDERS, BEHAVIORAL DISORDERS, LEARNING DISABILITIES AND INTELLECTUAL AND DEVELOPMENTAL DISORDERS. THE FOCUS OF THESE PROGRAMS IS TO ENSURE THE PROVISION OF HIGH-QUALITY SERVICES AND RESOURCES IN A SAFE AND SUPPORTING ENVIRONMENT. THE AVERAGE NUMBER OF CLIENTS SERVED BY THESE PROGRAMS WAS APPROXIMATELY 1,062 FOR YEAR ENDING JUNE 30, 2022. EXPENSES DO NOT INCLUDE MANAGEMENT AND GENERAL EXPENSES IN THE AMOUNT OF $24,235,007.
COMMUNITY-BASED RESIDENTIAL: SERVICES INCLUDE TRANSITIONAL LIVING ARRANGEMENTS, GROUP HOMES, SUPERVISED APARTMENTS, PSYCHO-SOCIAL REHABILITATION DAY PROGRAMS AND VOCATIONAL TRAINING PROGRAMS FOR ADOLESCENTS AND ADULTS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES. IN MOST OF THESE COMMUNITY-BASED RESIDENTIAL PROGRAMS, DEVEREUX STAFF PROVIDE 24/7 SUPERVISION AND TREATMENT OF INDIVIDUALS. THE AVERAGE NUMBER OF CLIENTS SERVED BY THESE PROGRAMS IS APPROXIMATELY 812 FOR YEAR ENDING JUNE 30, 2022. EXPENSES DO NOT INCLUDE MANAGEMENT AND GENERAL EXPENSES OF $16,009,568.
FOSTER CARE: DEVEREUX OFFERS FOSTER CARE IN GROUP FOSTER HOMES AND IN THERAPEUTIC FOSTER HOMES IN ARIZONA, FLORIDA, GEORGIA, MASSACHUSETTS, NEW JERSEY, TEXAS AND PENNSYLVANIA. THE AVERAGE NUMBER OF CLIENTS SERVED BY THESE PROGRAMS IS APPROXIMATELY 597 FOR YEAR ENDING JUNE 30, 2022. EXPENSES DO NOT INCLUDE MANAGEMENT AND GENERAL EXPENSES OF $2,543,529. FOR 4D. OTHER PROGRAM SERVICES, EXPENSES DO NOT INCLUDE MANAGEMENT AND GENERAL EXPENSES OF $4,762,654.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carl E Clark President And Ceo, Trustee | OfficerTrustee | 58 | $745,143 |
Rhea Fernandes Sr VP Operations And Chief Ope | Officer | 55 | $493,028 |
Yolanda Graham Sr VP Chief Medical And Clinic | Officer | 55 | $482,994 |
Leah Yaw Sr VP External Affairs / Chief | Officer | 55 | $437,319 |
Robert C Dunne Sr. VP And CFO | Officer | 55 | $431,485 |
John Kane Sr VP Genl Counsel And Secy | Officer | 55 | $416,694 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Paulweissrifkindwharton Garris Legal Services | 6/29/22 | $2,995,663 |
Stradley Ronon Stevens Young Llp Legal Services | 6/29/22 | $1,669,617 |
Faegre Drinker Biddle Reath Llp Legal Services | 6/29/22 | $981,958 |
Restore Ot Pt Slppc Ancillary Therapies | 6/29/22 | $675,724 |
Duane Morris Llp Legal Services | 6/29/22 | $913,624 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $23,960 |
| Membership dues | $0 |
| Fundraising events | $603,057 |
| Related organizations | $2,545,239 |
| Government grants | $10,217,408 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,597,017 |
| Noncash contributions included in lines 1a–1f | $903,292 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,986,681 |
| Total Program Service Revenue | $498,177,411 |
| Investment income | $1,091,144 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $113,636 |
| Net Gain/Loss on Asset Sales | $3,499,153 |
| Net Income from Fundraising Events | -$32,919 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $522,143,583 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $34,059 |
| 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. | $5,668,175 |
| Compensation of current officers, directors, key employees. | $2,955,825 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $312,136,865 |
| Pension plan accruals and contributions | $10,789,520 |
| Other employee benefits | $48,438,058 |
| Payroll taxes | $23,148,542 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $964,047 |
| Fees for services: Accounting | $534,860 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $32,953,091 |
| Advertising and promotion | $128,135 |
| Office expenses | $23,772,798 |
| Information technology | $2,863,393 |
| Royalties | $0 |
| Occupancy | $28,461,194 |
| Travel | $654,822 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $13,423 |
| Interest | $2,817,120 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,787,782 |
| Insurance | $33,439,142 |
| All other expenses | $0 |
| Total functional expenses | $543,085,103 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $41,325,000 |
| Pledges and grants receivable | $8,796,000 |
| Accounts receivable, net | $47,955,000 |
| 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 | $21,923,000 |
| Net Land, buildings, and equipment | $116,385,000 |
| Investments—publicly traded securities | $34,797,000 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $36,708,000 |
| Total assets | $307,889,000 |
| Accounts payable and accrued expenses | $145,798,000 |
| Grants payable | $0 |
| Deferred revenue | $4,399,000 |
| Tax-exempt bond liabilities | $21,066,000 |
| Escrow or custodial account liability | $3,068,000 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $33,305,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $70,850,000 |
| Total liabilities | $278,486,000 |
| Net assets without donor restrictions | $11,660,000 |
| Net assets with donor restrictions | $17,743,000 |
| 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 | $307,889,000 |
Grants Recieved
Over the last fiscal year, we have identified 16 grants that Devereux Foundation has recieved totaling $595,821.
| Awarding Organization | Amount |
|---|---|
Community Based Care Of Brevard Inc Rockledge, FL PURPOSE: SEE SCH O (H)(1) | $328,679 |
United Way Suncoast Inc Tampa, FL PURPOSE: ALLOCATIONS, DESIGNATIONS, DISASTER RELIEF RESPONSE, GRANTS & PROGRAM IMPACT FUNDING | $117,000 |
The Board Of Visitors Phoenix, AZ PURPOSE: REDENTIAL TREATMENT CENTER MEDICAL SERVICES | $40,000 |
South Florida Behavioral Health Network Incorporated Miami, FL PURPOSE: MENTAL HEALTH SUBSTANCE ABUSE | $31,990 |
Rochester Area Community Foundation Rochester, NY PURPOSE: FOR GENERAL SUPPORT | $15,047 |
Community Foundation Of New Jersey Morristown, NJ PURPOSE: GENERAL SUPPORT | $10,000 |
Endowment Analysis
| Beg. Balance | $195,242,000 |
| Earnings | -$24,709,909 |
| Admin Expense | $93,436 |
| Net Contributions | $25,804,345 |
| Ending Balance | $196,243,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Devereux Foundation Villanova, PA | $307,889,000 | $522,143,583 |
Ecog-Acrin Medical Research Foundation Inc Philadelphia, PA | $11,624,125 | $49,270,427 |
Next For Autism Inc New York, NY | $6,631,395 | $5,308,625 |
Foxg1 Research Inc Sands Point, NY | $2,520,850 | $2,803,193 |
Thanc Foundation Inc New York, NY | $5,679,438 | $1,339,976 |
Pediatric Nephrology Research Consortium Columbus, OH | $198,979 | $487,928 |
Riaan Research Initiative Inc Oakland Gardens, NY | $1,140,975 | $1,515,797 |
Heart Valve Collaboratory Inc New York, NY | $181,917 | $300,000 |
American Acne And Rosacea Society Montclair, NJ | $643,788 | $177,478 |
Mho Research Foundation Inc New York, NY | $289,774 | $80,414 |
Integrative Medicine Foundation Inc Cincinnati, OH | $438,389 | $35,157 |
Multiple Sclerosis Research Institute Philadelphia, PA | $453,092 | $0 |