Surry-Yadkin Residential Services
- Assets
- $1.0m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 71
- Location
- Mount Airy, NC
- Founding
- 05/1984
- Data as of
- 06/2022
- EIN
- 56-1343446
Organization Overview
Surry-Yadkin Residential Services is located in Mount Airy, NC. The organization was established in 1984. 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 06/2022, Surry-Yadkin Residential Services employed 71 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Surry-Yadkin Residential 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 06/2022, Surry-Yadkin Residential Services generated $1.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $1.5m during the year ending 06/2022. While expenses have increased by 2.0% 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
OUR MISSION IS TO PROVIDE GROUP HOMES FOR DEVELOPMENTALLY DISABLED ADULTS AND TO UNDERTAKE TRAINING THE RESIDENTS OF SUCH GROUP HOMES TO LIVE AS INDEPENDENTLY AS POSSIBLE IN THE COMMUNITY AS PRODUCTIVE CITIZENS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF TWO SIX-BED ICF/MR HOMES FOR DEVELOPMENTALLY DISABLED ADULTS TO TRAIN THE RESIDENTS TO LIVE AS INDEPENDENTLY AS POSSIBLE IN THE COMMUNITY AS PRODUCTIVE CITIZENS. 12 RESIDENTS SERVED
OPERATION OF A DAY PROGRAM TO ASSIST THESE ADULTS TO BE PRODUCTIVE CITIZENS IN THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joshua Denny Executive Director | Officer | 40 | $64,839 |
Mark Fuhrmann Chairman | OfficerTrustee | 0.5 | $0 |
Steve White Co-Chairman | OfficerTrustee | 0.5 | $0 |
Ray Morgan Board Member | Trustee | 0.5 | $0 |
Suzanne Fuhrmann Board Member | Trustee | 0.5 | $0 |
Debbie Moore Board Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $108,035 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $108,035 |
| Total Program Service Revenue | $1,681,134 |
| 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 | $1,789,169 |
| 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. | $64,839 |
| Compensation of current officers, directors, key employees. | $64,839 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $864,057 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $105,705 |
| Payroll taxes | $70,967 |
| Fees for services: Management | $548 |
| 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 | $0 |
| Advertising and promotion | $124 |
| Office expenses | $5,155 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $55,873 |
| Travel | $7,085 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,917 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $34,258 |
| Insurance | $18,355 |
| All other expenses | $71,868 |
| Total functional expenses | $1,524,509 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $824,343 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $68,690 |
| 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 | $135,429 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,828 |
| Total assets | $1,038,290 |
| Accounts payable and accrued expenses | $77,225 |
| 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 | $9,828 |
| Total liabilities | $87,053 |
| Net assets without donor restrictions | $951,237 |
| 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 | $1,038,290 |
Peer Organizations
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|---|---|---|
Inreach Charlotte, NC | $7,913,848 | $23,092,110 |
Childrens Hope Alliance Barium Springs, NC | $38,599,237 | $18,471,668 |
Holston United Methodist Home For Children Inc Greeneville, TN | $27,641,839 | $16,110,226 |
Mur-Ci Homes Inc Antioch, TN | $9,901,370 | $14,568,313 |
Thornwell Clinton, SC | $68,857,237 | $15,147,057 |
Connie Maxwell Childrens Home Greenwood, SC | $133,286,632 | $13,776,005 |
Progress Inc Nashville, TN | $6,116,091 | $11,389,774 |
Comserv Inc Lenoir, NC | $7,960,502 | $13,511,547 |
United Cerebral Palsy Of South Carolina Inc Atlanta, GA | $9,682,843 | $13,275,605 |
Jackson Feild Homes Incorporated Jarratt, VA | $3,320,402 | $10,783,518 |
Umar Services Inc Charlotte, NC | $7,962,133 | $8,938,499 |
Horizons Residential Care Center Inc Rural Hall, NC | $8,329,986 | $8,523,055 |