Family Services Inc
- Assets
- $21.1m
- Revenue
- $33.4m
- Investments
- $0.0
- Employees
- 492
- Location
- Gaithersburg, MD
- Founding
- 06/1960
- Data as of
- 06/2022
- EIN
- 52-0730225
Organization Overview
Family Services Inc is located in Gaithersburg, MD. The organization was established in 1960. According to its NTEE Classification (P40) the organization is classified as: Family Services, under the broad grouping of Human Services and related organizations. As of 06/2022, Family Services Inc employed 492 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Family 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, Family Services Inc generated $33.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $30.6m during the year ending 06/2022. While expenses have increased by 4.2% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING COMMUNITY-BASED OUTPATIENT BEHAVIORAL HEALTH, RESIDENTIAL REHABILITATION AND SOCIAL SERVICES AS PART OF SHEPPARD PRATT CONTINUUM OF CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FAMILIES AND COMMUNITIES: PROVIDES INTENSIVE TREATMENT AND SUPPORT SERVICES TO CHILDREN AND ADOLESCENTS WITH MENTAL HEALTH NEEDS AND THEIR FAMILIES.
OTHER SUPPORT SERVICES: INCLUDES CONTRACT AND RENTAL INCOME THAT SUPPORTS THE PROGRAMS DESCRIBED ABOVE AND WORKFORCE DEVELOPMENT SERVICES FOR VETERANS.
REHABILITATION AND RECOVERY SERVICES: PROVIDES RESIDENTIAL AND REHABILITATION SUPPORT, LIVING SKILLS, AND VOCATIONAL SERVICES TO ADULTS WITH SERIOUS MENTAL ILLNESS AND DEVELOPMENTAL DISABILITIES.
COMMUNITY TREATMENT: PROVIDES COMPREHENSIVE OUTPATIENT MENTAL HEALTH SERVICES TO ADULTS, ADOLESCENTS, AND CHILDREN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Harsh K Trivedi MD MBA President And CEO | Trustee | 1 | $0 |
Jeffrey W Richardson VP And COO Community Services | OfficerTrustee | 1 | $0 |
Greg Gattman VP And COO Hospitals | Trustee | 1 | $0 |
Kelly Savoca VP And CFO | OfficerTrustee | 1 | $0 |
Antonio Simpkins Board Member | Trustee | 1 | $0 |
Karla Hoffman Chief, Families & Communities | 40 | $171,752 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Finmarc Gaithersburg Llc Real Estate Management | 6/29/22 | $706,267 |
Innovative Therapeutic Services Rehab Services | 6/29/22 | $315,998 |
Professional Maintenance Management Inc Janitorial/facilities Services | 6/29/22 | $258,821 |
Pace Consulting Consulting Services | 6/29/22 | $198,195 |
Verizon Wireless It & Data Services | 6/29/22 | $182,045 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,843,004 |
| All other contributions, gifts, grants, and similar amounts not included above | $498,730 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,341,734 |
| Total Program Service Revenue | $27,996,128 |
| Investment income | $0 |
| 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 | $33,404,625 |
| 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 | $15,552,119 |
| Pension plan accruals and contributions | $136,364 |
| Other employee benefits | $2,149,538 |
| Payroll taxes | $1,354,816 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,417 |
| Fees for services: Accounting | $87,815 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,165,657 |
| Advertising and promotion | $43,331 |
| Office expenses | $782,211 |
| Information technology | $867,738 |
| Royalties | $0 |
| Occupancy | $1,963,473 |
| Travel | $143,594 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $235,732 |
| Interest | $208,616 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $650,253 |
| Insurance | $187,311 |
| All other expenses | $33,206 |
| Total functional expenses | $30,646,491 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,511,400 |
| Savings and temporary cash investments | $236,012 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,191,286 |
| 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 | $196,256 |
| Net Land, buildings, and equipment | $9,882,801 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $120,257 |
| Total assets | $21,138,012 |
| Accounts payable and accrued expenses | $4,056,082 |
| Grants payable | $0 |
| Deferred revenue | $904,761 |
| Tax-exempt bond liabilities | $3,121,748 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $2,092,225 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $827,263 |
| Total liabilities | $11,002,079 |
| Net assets without donor restrictions | $7,634,805 |
| Net assets with donor restrictions | $2,501,128 |
| 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 | $21,138,012 |