Patrick Henry Family Services Inc

Organization Overview

Patrick Henry Family Services Inc, operating under the name Five18 Family Services, is located in Lynchburg, VA. The organization was established in 1963. According to its NTEE Classification (P70) the organization is classified as: Residential Care & Adult Day Programs, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Five18 Family Services 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 06/2024, Five18 Family Services generated $5.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $4.2m during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2024

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE RESIDENTIAL AND RELATED SERVICES FOR THE DEVELOPMENT, ASSISTANCE AND CARE OF DISADVANTAGED CHILDREN.

Describe the Organization's Program Activity:

Part 3 - Line 4a

LICENSED CHILD CARE INSTITUTION PROVIDING A YEAR-ROUND FULL SERVICE PROGRAM OF RESIDENTIAL AND RELATED SERVICES FOR DISADVANTAGED CHILDREN. SERVICES INCLUDE THE DEVELOPMENT, ASSISTANCE AND CARE OF DISADVANTAGED CHILDREN IN A STRUCTURED HOME ENVIRONMENT AND PROVISION OF CHRISTIAN TRAINING AND COUNSELING SERVICES.


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Board, Officers & Key Employees

Name (title)Compensation
Ken Arthur
Trustee
$0
Ann Cassell
Trustee
$0
Bonnie Crews
Secretary
$0
Beverley Dalton
VP - Trustee
$0
Donna Fisher
Trustee
$0
Tina Friar
Trustee
$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$1,682,057
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,682,057
Total Program Service Revenue$185
Investment income $1,471,242
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $57,002
Net Gain/Loss on Asset Sales $1,677,431
Net Income from Fundraising Events $98,724
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,022,114

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