Employment Source Inc
- Assets
- $11.5m
- Revenue
- $17.7m
- Investments
- $0.0
- Employees
- 482
- Location
- Fayetteville, NC
- Founding
- 11/2001
- Data as of
- 06/2022
- EIN
- 56-2253814
Organization Overview
Employment Source Inc is located in Fayetteville, NC. The organization was established in 2001. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. As of 06/2022, Employment Source Inc employed 482 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Employment Source 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, Employment Source Inc generated $17.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $17.0m during the year ending 06/2022. While expenses have increased by 2.6% 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
TO FACILITATE SERVICES FOR PEOPLE WITH DISABILITIES TO BUILD MORE INCLUSIVE COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O.EMPLOYMENT SOURCE, INC. DBA SERVICESOURCE IS A 501(C)(3) NOT-FOR-PROFIT ORGANIZATION OPERATING AS THE NORTH CAROLINA REGIONAL OFFICE OF SERVICESOURCE. THE MISSION OF THE ORGANIZATION IS TO FACILITATE SERVICES, RESOURCES AND PARTNERSHIPS TO SUPPORT PEOPLE WITH DISABILITIES AND OTHERS WE SERVE, ALONG WITH THEIR FAMILIES, THEIR CAREGIVERS AND COMMUNITY MEMBERS, IN ORDER TO BUILD MORE INCLUSIVE COMMUNITIES. THE SERVICESOURCE ORGANIZATION IS MADE UP OF FIVE REGIONAL OFFICES WITH PROGRAMS AND OPERATIONS IN MORE THAN 10 STATES AND THE DISTRICT OF COLUMBIA. THE REGIONAL OFFICES ARE LOCALLY INCORPORATED AS SEPARATE 501(C)(3) ENTITIES BUT MEET CONCURRENTLY THROUGH THE SAME VOLUNTEER BOARD OF DIRECTORS ACROSS REGIONS.EMPLOYMENT SOURCE, INC. OPERATING AS THE NORTH CAROLINA REGIONAL OFFICE OF SERVICESOURCE IS LOCATED IN FAYETTEVILLE, NC. THE VIRGINIA REGIONAL OFFICE IS IN OAKTON, VA; THE FLORIDA REGIONAL OFFICE IS LOCATED IN CLEARWATER, FL; THE DELAWARE REGIONAL OFFICE IS IN NEW CASTLE, DE; AND THE UTAH REGIONAL OFFICE IS IN CLEARFIELD, UT. THE SERVICESOURCE NORTH CAROLINA REGIONAL OFFICE SERVED MORE THAN 2,950 INDIVIDUALS IN FISCAL YEAR 2022 (FY22) AND PROVIDES THE FOLLOWING PROGRAMS AND SERVICES: -A FULL RANGE OF REHABILITATION AND EMPLOYMENT SUPPORTS INCLUDING VOCATIONAL EVALUATION, WORK ADJUSTMENT TRAINING, JOB COACHING, SUPPORTED EMPLOYMENT AND SPECIALIZED PROGRAMS. -AFFIRMATIVE EMPLOYMENT PROGRAMS PROVIDING COMMUNITY INTEGRATED CAREERS FOR PEOPLE WITH DISABILITIES. LINES OF BUSINESS INCLUDE FOOD SERVICE OPERATIONS, MAIL CENTER MANAGEMENT, CALL CENTER OPERATIONS, LOGISTICS, AND ADMINISTRATIVE SUPPORT. -FRIENDSHIP HOUSE FAYETTEVILLE, AN INTENTIONAL LIVING COMMUNITY THAT PROVIDES AFFORDABLE, INTEGRATED HOUSING FOR YOUNG ADULTS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES AND HEALTHCARE PROFESSIONAL STUDENTS. -WARRIOR BRIDGE, PROVIDING CAREER GUIDANCE, VOCATIONAL TRAINING, JOB PLACEMENT, AND OTHER SUPPORT SERVICES TO VETERANS WITH DISABILITIES. -PRE-EMPLOYMENT TRANSITION SERVICES, TO PREPARE STUDENTS WITH DISABILITIES TO TRANSITION INTO THE WORKFORCE OR CONTINUING EDUCATION AFTER GRADUATION. SERVICES INCLUDE SITUATIONAL ASSESSMENTS AND CAREER EXPLORATION. -WORK INCENTIVE PLANNING AND ASSISTANCE PROVIDING BENEFITS COUNSELING AND WORK INCENTIVE COUNSELING. -HOMES FOR INDEPENDENCE PROVIDING AFFORDABLE, ACCESSIBLE, AND SAFE HOUSING FOR PERSONS WITH LOW-INCOMES AND/OR DISABILITIES. -THE SERVICESOURCE FOUNDATION, A SEPARATE 501(C)(3) ORGANIZATION THAT RAISES MONEY TO SUPPORT UNFUNDED OR UNDER-FUNDED PROGRAMS OF SERVICESOURCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Rind Svp-Executive Director | Officer | 30 | $130,613 |
Dennis Dapolito Evp-Regional Operations | Officer | 10 | $74,364 |
Bruce Patterson Chief Executive Officer | Officer | 4 | $53,587 |
Mark Hall President | Officer | 4 | $44,616 |
Nate Hoover Chief Financial Officer | Officer | 4 | $32,971 |
Lisa Long Evp-It | 4 | $29,360 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Efrain's Landscaping Labor Services Grounds | 6/29/22 | $139,441 |
Express Services Inc Labor Services Grounds | 6/29/22 | $196,502 |
Mid East Services Inc Transportation Services | 6/29/22 | $159,823 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $94,000 |
| Government grants | $236,250 |
| All other contributions, gifts, grants, and similar amounts not included above | $83,181 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $413,431 |
| Total Program Service Revenue | $17,281,968 |
| 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 | $17,714,777 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,168 |
| 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. | $395,360 |
| Compensation of current officers, directors, key employees. | $9,719 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,984,611 |
| Pension plan accruals and contributions | $212,014 |
| Other employee benefits | $2,549,008 |
| Payroll taxes | $939,948 |
| 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 | $673,681 |
| Advertising and promotion | $7,679 |
| Office expenses | $39,536 |
| Information technology | $18,605 |
| Royalties | $0 |
| Occupancy | $205,848 |
| Travel | $95,796 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $13,415 |
| Interest | $4,808 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $201,493 |
| Insurance | $19,790 |
| All other expenses | $62,725 |
| Total functional expenses | $17,013,321 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,000 |
| Savings and temporary cash investments | $2,785 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,517,580 |
| 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 | $1,842 |
| Net Land, buildings, and equipment | $1,524,057 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,465,567 |
| Total assets | $11,512,831 |
| Accounts payable and accrued expenses | $740,299 |
| 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 | $135,029 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $875,328 |
| Net assets without donor restrictions | $9,842,451 |
| Net assets with donor restrictions | $795,052 |
| 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 | $11,512,831 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Employment Source Inc has recieved totaling $145,046.
| Awarding Organization | Amount |
|---|---|
Servicesource Foundation Inc Oakton, VA PURPOSE: CONTRIBUTION TO FURTHER SUPPORT THE PROGRAMS OF EMPLOYMENT SOURCE, INC. | $94,000 |
Cumberland Community Foundation Inc Fayetteville, NC PURPOSE: CHARITABLE GIFT | $45,928 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $5,100 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $18 |
Endowment Analysis
| Beg. Balance | $33,283,625 |
| Earnings | -$2,894,325 |
| Net Contributions | $1,000,000 |
| Other Expense | $384,534 |
| Grants | $90,000 |
| Ending Balance | $30,914,766 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Versability Resources Inc Hampton, VA | $38,988,304 | $55,905,926 |
Orange Grove Center Inc Chattanooga, TN | $25,283,096 | $40,700,796 |
Babcock Center Inc West Columbia, SC | $20,651,421 | $36,060,569 |
Shelby Residential And Vocational Services Inc Memphis, TN | $11,136,048 | $28,344,823 |
Georgia Community Support And Solutions Inc Atlanta, GA | $4,204,879 | $27,773,056 |
Life Bridges Inc Cleveland, TN | $14,755,928 | $22,280,185 |
Madison-Haywood County Developmental Services Inc Jackson, TN | $14,948,919 | $21,950,419 |
Tri-Development Center Of Aiken County Aiken, SC | $11,301,624 | $21,352,454 |
Lifespan Incorporated Charlotte, NC | $15,854,360 | $20,547,610 |
Progressive Directions Inc Clarksville, TN | $6,267,368 | $17,802,978 |
York County Board Of Disabilities And Special Needs York, SC | $16,505,254 | $19,088,984 |
Employment Source Inc Fayetteville, NC | $11,512,831 | $17,714,777 |