Patrick Henry Family Services Inc

Organization Overview

Patrick Henry Family Services Inc 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. Patrick Henry Family 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 06/2022, Patrick Henry Family Services Inc generated $3.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.2%) each year. All expenses for the organization totaled $4.4m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (2.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

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
Beverley Dalton
VP - Trustee
$0
Robert Day
CEO
$0
Claudia Fletcher
Chief Prog O
$0
Jeffrey Nitz
COO
$0
Ken Arthur
Trustee
$0
Steve Bowery
VP - 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$1,741,172
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,741,172
Total Program Service Revenue$19,368
Investment income $1,121,020
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $420,698
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,342,080

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Patrick Henry Family Services Inc has recieved totaling $2,500.

Awarding OrganizationAmount
Mraz Charitable Tr

Richmond, VA

PURPOSE: TO ASSIST NEEDY FAMILIES

$2,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$401,371
Earnings-$68,733
Ending Balance$332,638

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