Vgs Inc
- Assets
- $18.5m
- Revenue
- $3.5m
- Investments
- $0.0
- Employees
- 246
- Location
- Cleveland, OH
- Founding
- 11/1998
- Data as of
- 12/2021
- EIN
- 34-1873704
Organization Overview
Vgs Inc is located in Cleveland, OH. The organization was established in 1998. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2021, Vgs Inc employed 246 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vgs 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, Vgs Inc generated $3.5m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $1.7m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.6%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING WORK EXPERIENCE AND EMPLOYMENT FOR PERSONS WITH SIGNIFICANT DISABILITIES THROUGH GOVERNMENT CONTRACT WORK.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VGS, INC. PROVIDES EMPLOYMENT TO INDIVIDUALS WITH DISABILITIES. THROUGH THE ABILITYONE PROGRAM AND STATE OF OHIO CONTRACTS, VGS, INC. EMPLOYED 245 INDIVIDUALS IN 2021 AND PAID $3,187,393 IN GROSS WAGES FOR 229,401 HOURS WORKED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy Arbogast Chief Financial Officer | Officer | 4 | $0 |
Susan Barragate President & CEO | Officer | 4 | $0 |
April Walker Chief Development Officer | Officer | 4 | $0 |
Laura Lamb Chief Operating Officer | Officer | 4 | $0 |
Matthew Joyce Chair | Trustee | 2 | $0 |
John Monroe Vice Chair-Facilities | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
National Bias Company Supplies | 12/30/14 | $274,882 |
Dawn Chemical Inc Supplies | 12/30/14 | $355,834 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| 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 | $3,469,255 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,469,255 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $497,555 |
| Pension plan accruals and contributions | $83,483 |
| Other employee benefits | $327,477 |
| Payroll taxes | $436,711 |
| 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 | $1,441 |
| Advertising and promotion | $0 |
| Office expenses | $1,279 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,713 |
| 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 | $7,354 |
| Insurance | $0 |
| All other expenses | $6,256 |
| Total functional expenses | $1,740,026 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $52,387 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,187,332 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $17,040,880 |
| Inventories for sale or use | $213,084 |
| Prepaid expenses and deferred charges | $18,494 |
| Net Land, buildings, and equipment | $5,180 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $18,517,357 |
| Accounts payable and accrued expenses | $686,572 |
| 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 | $0 |
| Total liabilities | $686,572 |
| Net assets without donor restrictions | $17,830,785 |
| 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 | $18,517,357 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Vgs Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Sourceamerica Vienna, VA PURPOSE: NPA TRAINING VOUCHERS GRANT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Catholic Charities West Michigan Grand Rapids, MI | $13,577,921 | $21,603,747 |
Springboard Collaborative Philadelphia, PA | $12,671,655 | $22,795,961 |
Christs Home Warminster, PA | $89,380,042 | $18,912,760 |
Eight Cap Inc Orleans, MI | $2,750,464 | $18,614,954 |
Catholic Charities Of Shiawassee & Genesee Counties Flint, MI | $13,966,516 | $19,279,987 |
Wedgwood Christian Services Grand Rapids, MI | $24,031,475 | $18,911,597 |
Wheeler Mission Ministries Inc Indianapolis, IN | $56,135,021 | $28,744,599 |
Agency For Community Empowerment Of Nepa Scranton, PA | $6,588,255 | $19,491,125 |
Stark County Community Action Agency Canton, OH | $8,005,138 | $17,758,895 |
Community Action Organization Of Scioto County Inc Portsmouth, OH | $5,541,506 | $17,941,143 |
Onesight Mason, OH | $26,405,119 | $15,913,386 |
Ohio Heartland Community Action Marion, OH | $4,922,800 | $17,262,322 |