Broadway Services Inc
- Assets
- $6.3m
- Revenue
- $11.0m
- Investments
- $0.0
- Employees
- 257
- Location
- New Orleans, LA
- Founding
- 08/2003
- Data as of
- 12/2021
- EIN
- 73-1665555
Organization Overview
Broadway Services Inc is located in New Orleans, LA. The organization was established in 2003. 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. As of 12/2021, Broadway Services Inc employed 257 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Broadway 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 12/2021, Broadway Services Inc generated $11.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $10.4m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO OPERATE A CONTINUING CARE RETIREMENT COMMUNITY FOR THE AGED IN NEW ORLEANS, LOUISIANA.
Describe the Organization's Program Activity:
MANAGES A RETIREMENT FACILITY WHICH PROVIDES HOUSING COMPRISED OF INDEPENDENT LIVING, ASSISTED LIVING, AND NURSING FACILITY UNITS, AND RELATED SERVICES TO 275 RESIDENTS INCLUDING INFORMATION PROGRAMS FOR THE ELDERLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Crabtree President | OfficerTrustee | 34 | $419,441 |
Janice J Hales Secretary | OfficerTrustee | 34 | $253,431 |
Lynn Swetland Treasurer | OfficerTrustee | 34 | $225,748 |
Janice Parmelee Chair | OfficerTrustee | 0.3 | $0 |
Christine Thompson Briede Board Member | Trustee | 0.3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Superior Hospitality Services Contract Services | 12/30/20 | $146,761 |
Jones Walker Llp Legal Services | 12/30/20 | $129,532 |
Jones Walker Llp Legal Services | 12/30/20 | $129,532 |
Superior Hospitality Services Contract Services | 12/30/20 | $146,761 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $21,964 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $125,874 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $147,838 |
| Total Program Service Revenue | $10,772,131 |
| Investment income | $32,798 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $58,476 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,011,243 |
| 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. | $898,620 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $5,279,830 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $743,090 |
| Payroll taxes | $417,229 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $36,713 |
| Fees for services: Accounting | $58,216 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $331,906 |
| Advertising and promotion | $36,313 |
| Office expenses | $940,469 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,079,638 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $175,315 |
| Insurance | $181,232 |
| All other expenses | $17,560 |
| Total functional expenses | $10,389,442 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $118,064 |
| Savings and temporary cash investments | $2,399,049 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $559,172 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $37,942 |
| Prepaid expenses and deferred charges | $218,391 |
| Net Land, buildings, and equipment | $354,870 |
| Investments—publicly traded securities | $2,656,634 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,344,122 |
| Accounts payable and accrued expenses | $377,926 |
| Grants payable | $0 |
| Deferred revenue | $25,000 |
| 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 | $228,000 |
| Total liabilities | $630,926 |
| Net assets without donor restrictions | $5,713,196 |
| 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 | $6,344,122 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Broadway Services Inc has recieved totaling $23,964.
| Awarding Organization | Amount |
|---|---|
Lambeth House Foundation New Orleans, LA PURPOSE: TOUCHTOWN APP FOR RESIDENTS & EMPLOYEES AND EMPLOYEE FUNDS | $21,964 |
The Wailes Family Foundation New Orleans, LA PURPOSE: GENERAL OPERATING SUPPORT | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sunny Glen Childrens Home San Benito, TX | $13,498,844 | $44,265,453 |
Buckner Children And Family Services Inc Dallas, TX | $63,214,189 | $46,854,596 |
The Safe Alliance Austin, TX | $11,714,788 | $29,431,817 |
Mission Road Developmental Center San Antonio, TX | $26,258,889 | $16,711,904 |
United Methodist Childrens Home Inc Little Rock, AR | $23,403,200 | $9,139,789 |
New Horizons Ranch And Center Inc Abilene, TX | $7,433,052 | $14,838,988 |
James L West Presbyterian Special Care Center Fort Worth, TX | $13,990,432 | $11,986,456 |
Broadway Services Inc New Orleans, LA | $6,344,122 | $11,011,243 |
Father Flanagans Boys Home New Orleans, LA | $2,347,903 | $9,257,218 |
Life Support Counseling And Research Inc Austin, TX | $3,931,686 | $9,199,133 |
Forgotten Angels Inc Pearland, TX | $1,121,528 | $8,621,031 |
Childrens Hope Residential Services Inc Lubbock, TX | $2,722,669 | $7,634,142 |