Precision Services Inc is located in Gassaway, WV. The organization was established in 1998. 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, Precision Services Inc employed 53 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Precision 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, Precision Services Inc generated $1.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.7%) each year. All expenses for the organization totaled $1.4m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (3.3%) per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE JOB TRAINING AND RELATED SOCIAL SERVICES FOR CITIZENS WITH PHYSICAL AND / OR MENTAL HANDICAPS
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES JOB TRAINING AND RELATED SOCIAL SERVICES FOR CITIZENS WITH PHYSICAL AND OR MENTAL HANDICAPS THROUGH JANITORIAL SERVICES AND DATA IMAGING SERVICES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tim Butcher Member | OfficerTrustee | 2 | $0 |
Jim Mcquain Vice Preside | OfficerTrustee | 2 | $0 |
Noel Pletcher Member | OfficerTrustee | 2 | $0 |
Jack Ratliff President | OfficerTrustee | 2 | $0 |
Bernard Mauser Member | OfficerTrustee | 2 | $0 |
Rick Ware Member | OfficerTrustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $52,943 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $52,943 |
Total Program Service Revenue | $1,261,263 |
Investment income | $14,087 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,328,293 |
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. | $99,775 |
Compensation of current officers, directors, key employees. | $42,155 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $900,240 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $70,223 |
Payroll taxes | $83,924 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $5,700 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $2,900 |
Office expenses | $2,799 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $25,557 |
Travel | $12,426 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $23,489 |
All other expenses | $2,460 |
Total functional expenses | $1,362,745 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $589,896 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $150,621 |
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 | $0 |
Net Land, buildings, and equipment | $511,120 |
Investments—publicly traded securities | $244,449 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,496,086 |
Accounts payable and accrued expenses | $93,389 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $93,389 |
Net assets without donor restrictions | $1,402,697 |
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 | $1,496,086 |
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Buckeye Community Services Incorporated Jackson, OH | $11,917,792 | $19,993,213 |
The Arc Northern Chesapeake Region Incorporated Aberdeen, MD | $17,653,773 | $22,151,170 |
Delta Community Supports Inc Blue Bell, PA | $7,750,223 | $19,575,334 |
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Soar 365 Richmond, VA | $23,580,904 | $17,622,374 |
The Arc Of Cumberland And Perry Counties Carlisle, PA | $17,945,922 | $17,632,843 |
Penn Mar Organization Inc Freeland, MD | $15,758,065 | $17,303,398 |
Shadowfax Corporation York, PA | $15,313,318 | $15,683,877 |
Mercer County Behavioral Health Commission Inc Mercer, PA | $12,214,107 | $15,908,236 |