Bay Shore Services Inc
- Assets
- $7.9m
- Revenue
- $6.3m
- Investments
- $0.0
- Employees
- 161
- Location
- Salisbury, MD
- Founding
- 04/1994
- Data as of
- 06/2023
- EIN
- 52-1761890
Organization Overview
Bay Shore Services Inc is located in Salisbury, MD. The organization was established in 1994. According to its NTEE Classification (E90) the organization is classified as: Nursing, under the broad grouping of Health Care and related organizations. As of 06/2023, Bay Shore Services Inc employed 161 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bay Shore 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, Bay Shore Services Inc generated $6.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $5.4m during the year ending 06/2023. While expenses have increased by 0.4% 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
PROVIDE SUPPORT TO THE DEVELOPMENTALLY DISABLED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESIDENTIAL AND SUPPORT SERVICES FOR THE DEVELOPMENTALLY DISABLED.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allen Brown President | OfficerTrustee | 2 | $0 |
Dornell Woolford Vice President | OfficerTrustee | 2 | $0 |
William Powell Treasurer/secretary | OfficerTrustee | 2 | $0 |
Tammy Field Director | Trustee | 2 | $0 |
Neal Carey Director | Trustee | 2 | $0 |
Audrey Orr Director | Trustee | 2 | $0 |
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 | $19,820 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,820 |
| Total Program Service Revenue | $6,008,932 |
| Investment income | $1,840 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $45,573 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,265,660 |
| 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. | $89,004 |
| Compensation of current officers, directors, key employees. | $75,653 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,647,876 |
| Pension plan accruals and contributions | $16,899 |
| Other employee benefits | $136,617 |
| Payroll taxes | $298,560 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,270 |
| Fees for services: Accounting | $52,475 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,467 |
| Advertising and promotion | $0 |
| Office expenses | $157,604 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $30,914 |
| Travel | $43,452 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $8,413 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $185,372 |
| Insurance | $181,938 |
| All other expenses | $0 |
| Total functional expenses | $5,431,596 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $996 |
| Savings and temporary cash investments | $4,380,728 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $798,260 |
| 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 | $89,020 |
| Net Land, buildings, and equipment | $2,668,877 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,937,881 |
| Accounts payable and accrued expenses | $314,584 |
| 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 | $3,103,602 |
| Total liabilities | $3,418,186 |
| Net assets without donor restrictions | $4,492,837 |
| Net assets with donor restrictions | $26,858 |
| 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 | $7,937,881 |