Vital Services Inc is located in Lincoln, NE. The organization was established in 2001. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2023, Vital Services Inc employed 144 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vital 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 06/2023, Vital Services Inc generated $4.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $4.3m during the year ending 06/2023. While expenses have increased by 1.1% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TEACH JOB RELATED SKILLS TO INDIVIDUALS WITH DISABILITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
TEACH JOB RELATED SKILLS TO INDIVIDUALS WITH DISABILITIES AND PROVIDE IN AND OUT OF HOME SERVICES TO INDIVIDUALS WHEN THE INDIVIDUAL'S CARETAKER NEEDS A BREAK FROM THE NORMAL ROUTINE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joe Asher Executive Di | Officer | 40 | $114,400 |
Doug Bartzatt Trustee | Trustee | 1 | $0 |
Gary Dickerson Secretary | OfficerTrustee | 1 | $0 |
Sean Gewecke Treasurer | OfficerTrustee | 1 | $0 |
Kerin Peterson Vice Preside | OfficerTrustee | 1 | $0 |
David Thompson President | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $87,703 |
All other contributions, gifts, grants, and similar amounts not included above | $4,804 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $92,507 |
Total Program Service Revenue | $3,654,937 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $507,108 |
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 | $3,133 |
Miscellaneous Revenue | $0 |
Total Revenue | $4,477,009 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,142,287 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $437,891 |
Payroll taxes | $186,771 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $84,257 |
Advertising and promotion | $0 |
Office expenses | $41,755 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $299,349 |
Travel | $129,613 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $234,013 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $239,342 |
Insurance | $68,027 |
All other expenses | $0 |
Total functional expenses | $4,270,603 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $70,394 |
Savings and temporary cash investments | $322,962 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $315,040 |
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 | $42,398 |
Net Land, buildings, and equipment | $6,103,532 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $14,721 |
Total assets | $6,869,047 |
Accounts payable and accrued expenses | $62,821 |
Grants payable | $0 |
Deferred revenue | $17,942 |
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 | $22,652 |
Other liabilities | $4,691,488 |
Total liabilities | $4,794,903 |
Net assets without donor restrictions | $2,074,144 |
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 | $6,869,047 |