Boyds Kinsman Home Inc
- Assets
- $2.6m
- Revenue
- $4.3m
- Investments
- $1.2m
- Employees
- 55
- Location
- Kinsman, OH
- Founding
- 06/1978
- Data as of
- 12/2023
- EIN
- 34-1090543
Organization Overview
Boyds Kinsman Home Inc is located in Kinsman, OH. The organization was established in 1978. 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 12/2023, Boyds Kinsman Home Inc employed 55 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boyds Kinsman Home 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, Boyds Kinsman Home Inc generated $4.3m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $4.1m during the year ending 12/2023. While expenses have increased by 3.8% per year over the past 9 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
PROVIDE CARE AND HABILITATION TO THOSE WITH DEVELOPMENTAL DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE CARE AND HABILITATION TO THOSE WITH DEVELOPMENTAL DISABILITIES. TOTAL MEDICAID CERTIFIED BEDS ARE 39. TOTAL INPATIENT DAYS 13,505.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Doeberling Trustee | Trustee | 1 | $1,800 |
Tim Woofter President | OfficerTrustee | 1 | $1,800 |
Andy Suhar Trustee | Trustee | 1 | $1,800 |
Dr John Rorabaugh Trustee | Trustee | 1 | $1,800 |
Jim Smith Trustee | Trustee | 1 | $1,800 |
Sharon Snell Vice President | OfficerTrustee | 1 | $1,800 |
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 | $4,905 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,905 |
| Total Program Service Revenue | $4,287,048 |
| Investment income | $48,563 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$2,708 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,345,808 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,791 |
| 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. | $305,581 |
| Compensation of current officers, directors, key employees. | $76,395 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,695,130 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $555,620 |
| Payroll taxes | $176,471 |
| Fees for services: Management | $1,855 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $411,580 |
| Advertising and promotion | $590 |
| Office expenses | $130,155 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $135,861 |
| Travel | $36,427 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,174 |
| Interest | $4,653 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $59,427 |
| Insurance | $27,792 |
| All other expenses | $3,459 |
| Total functional expenses | $4,052,383 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $689,934 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $335,788 |
| 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 | $396,487 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,198,810 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,621,019 |
| Accounts payable and accrued expenses | $192,862 |
| 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 | $75,500 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $268,362 |
| Net assets without donor restrictions | $0 |
| 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 | $500 |
| Retained earnings, endowment, accumulated income, or other funds | $2,352,157 |
| Total liabilities and net assets/fund balances | $2,621,019 |