Perseus House Inc
- Assets
- $9.5m
- Revenue
- $12.6m
- Investments
- $0.0
- Employees
- 252
- Location
- Erie, PA
- Founding
- 10/1972
- Data as of
- 06/2023
- EIN
- 23-7123683
Organization Overview
Perseus House Inc is located in Erie, PA. The organization was established in 1972. According to its NTEE Classification (P73) the organization is classified as: Group Homes, under the broad grouping of Human Services and related organizations. As of 06/2023, Perseus House Inc employed 252 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Perseus House 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, Perseus House Inc generated $12.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $12.7m during the year ending 06/2023. While expenses have increased by 2.4% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO SERVE YOUTH AND FAMILIES THROUGH EVIDENCE BASED PROGRAMMING DESIGNED TO PROMOTE PRO-SOCIAL BEHAVIOR AND HEALTHY LIFESTYLES
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESIDENTIAL CARE PROGRAMS, GENERAL/OTHER: PROVIDE SHELTER, COUNSELING, & COMPETENCY-BASED SKILLS TO JUVENILE OFFENDERS IN ORDER TO SUCCESSFULLY REINTEGRATE THEM INTO SOCIETY (218 CLIENTS)
PUBLIC, SOCIETY BENEFIT PROGRAMS, GENERAL/OTHER: COMMUNITY BASED PROGRAMS DESIGNED TO REDUCE JUVENILE DELINQUENCY AND TO HELP PROTECT COMMUNITIES FROM FURTHER CRIMINAL OFFENDERS (1136 CLIENTS SERVED)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Nick Viglione Secretary | Officer | 24 | $114,308 |
Stephanie Milford Chief Financial Officer | Officer | 24 | $64,526 |
Paula Laughlin Director Of Clinical Services | Officer | 40 | $110,221 |
Mario Mezzacapo Associate Chief Executive Officer | Officer | 40 | $112,325 |
Patrick Simpson ESQ Treasurer | Trustee | 0.5 | $0 |
Dr Thomas Fortin Vice Chairperson | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Deerfield Behavioral Health Psychiatric Services | 6/29/23 | $210,332 |
Teresa's Italian Deli Food Mangement/provider For Facilities | 6/29/23 | $150,497 |
Lamar Neal Psy D P C Psychological Services | 6/29/23 | $105,040 |
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 | $110,942 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $110,942 |
| Total Program Service Revenue | $12,105,714 |
| Investment income | $304,359 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $20,275 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,606,827 |
| 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. | $401,380 |
| Compensation of current officers, directors, key employees. | $401,380 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,489,467 |
| Pension plan accruals and contributions | $331,887 |
| Other employee benefits | $2,114,916 |
| Payroll taxes | $666,016 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $19,507 |
| Fees for services: Accounting | $23,842 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $415,941 |
| Advertising and promotion | $24,350 |
| Office expenses | $65,934 |
| Information technology | $178,957 |
| Royalties | $0 |
| Occupancy | $1,110,774 |
| Travel | $94,849 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,670 |
| Interest | $44,498 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $351,790 |
| Insurance | $181,147 |
| All other expenses | $0 |
| Total functional expenses | $12,719,864 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,506,419 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,478,368 |
| 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 | $667 |
| Net Land, buildings, and equipment | $1,672,853 |
| Investments—publicly traded securities | $2,835,128 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,493,435 |
| Accounts payable and accrued expenses | $444,300 |
| Grants payable | $0 |
| Deferred revenue | $73,613 |
| 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 | $0 |
| Other liabilities | $637,952 |
| Total liabilities | $1,155,865 |
| Net assets without donor restrictions | $8,337,570 |
| 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 | $9,493,435 |