Sherwood Community Services
- Assets
- $5.3m
- Revenue
- $8.5m
- Investments
- $0.0
- Employees
- 105
- Location
- Lake Stevens, WA
- Founding
- 05/1974
- Data as of
- 06/2024
- EIN
- 91-0762805
Organization Overview
Sherwood Community Services is located in Lake Stevens, WA. The organization was established in 1974. According to its NTEE Classification (J30) the organization is classified as: Vocational Rehabilitation, under the broad grouping of Employment and related organizations. As of 06/2024, Sherwood Community Services employed 105 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sherwood Community 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, Sherwood Community Services generated $8.5m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 15.3% each year . All expenses for the organization totaled $8.1m during the year ending 06/2024. While expenses have increased by 15.4% per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO PROVIDE INNOVATIVE, INCLUSIVE SERVICES TO CHILDREN AND ADULTS WITH DISABILITIES IN THEIR COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EARLY SUPPORTS PROGRAM PROVIDES EARLY INTERVENTION SERVICES, INCLUDING EDUCATION, RESOURCES COORDINATION, COUNSELING, AND LICENSED THERAPY SERVICES, TO CHILDREN FROM BIRTH TO AGE 3 WHO EXPERIENCE DEVELOPMENTAL DELAYS OR DISABILITIES. SERVICES ARE PROVIDED IN THE HOME AND OTHER NATURAL ENVIRONMENTS, WITHIN A PARENT COACHING MODEL. THE PROGRAM SERVED 944 CLIENTS DURING THE PERIOD 7/1/202/-6/30/2024.
CAREER AND COMMUNITY CONNECTIONS OFFERS A CONTINUUM OF SERVICES TO TRANSITION STUDENTS AND ADULTS WITH DISABILITIES SEEKING EMPLOYMENT AND OR COMMUNITY INCLUSION. SERVICES PROVIDED ARE TAILORED TO THE INDIVIDUAL'S NEEDS AND TAKE PLACE WITHIN THE COMMUNITY. THE PROGRAM SERVED 284 CLIENTS DURING THE PERIOD 7/1/2023-6/30/2024.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lance Morehouse CEO | Officer | 40 | $165,663 |
Melissa Herich President | OfficerTrustee | 1 | $0 |
Sam Reed Treasurer | OfficerTrustee | 1 | $0 |
Gary O'rielly Secretary | OfficerTrustee | 1 | $0 |
Tracy Delorm DDS Director | Trustee | 1 | $0 |
Leigh Spruce Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $7,413,008 |
| All other contributions, gifts, grants, and similar amounts not included above | $178,266 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,591,274 |
| Total Program Service Revenue | $679,793 |
| Investment income | $75,367 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $31,619 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $98,483 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,487,799 |
| 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. | $165,663 |
| Compensation of current officers, directors, key employees. | $165,663 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,666,067 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $735,072 |
| Payroll taxes | $457,210 |
| Fees for services: Management | $0 |
| 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 | $294,251 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $49,167 |
| Travel | $204,547 |
| 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 | $65,687 |
| Insurance | $40,800 |
| All other expenses | $132,625 |
| Total functional expenses | $8,071,902 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $632,098 |
| Savings and temporary cash investments | $2,134,985 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $925,153 |
| 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 | $196,405 |
| Net Land, buildings, and equipment | $1,421,122 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $12,452 |
| Total assets | $5,322,215 |
| Accounts payable and accrued expenses | $607,059 |
| 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 | $1 |
| Total liabilities | $607,060 |
| Net assets without donor restrictions | $4,164,791 |
| Net assets with donor restrictions | $550,364 |
| 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 | $5,322,215 |