Guardianship Services Inc
- Assets
- $1.1m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 27
- Location
- Fort Worth, TX
- Founding
- 03/1998
- Data as of
- 09/2021
- EIN
- 75-2739419
Organization Overview
Guardianship Services Inc, operating under the name Gsi, is located in Fort Worth, TX. The organization was established in 1998. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 09/2021, Gsi employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gsi 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 09/2021, Gsi generated $2.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $1.8m during the year ending 09/2021. While expenses have increased by 5.1% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDES GUARDIANSHIP, SUPPORT, AND SERVICES FOR AT-RISK ADULTS IN TARRANT COUNTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN TARRANT COUNTY, CONCERNED INDIVIDUALS CAN REFER WARDS DIRECTLY TO THE COURT, RATHER THAN HAVING TO HIRE AN ATTORNEY. THIS COURT-INITIATED PROCEDURE ALLOWS GUARDIANSHIP SERVICES, INC. ("GSI") TO AVOID THE CONFLICT OF INTEREST MANY COMPANIES FACE WHEN THEY BOTH PRESENT PROOF OF NEED TO THE COURT, AND THEN SERVE AS A GUARDIAN. GUARDIANS ARE CERTIFIED BY THE TEXAS GUARDIANSHIP CERTIFICATION BOARD, AND ADHERE TO STANDARDS CREATED BY THE BOARD. TARRANT COUNTY PROBATE COURTS APPOINTED GSI AS GUARDIAN TO 6 AT-RISK ADULT RESIDENTS FOR THE YEAR ENDED SEPTEMBER 30, 2021. GSI ALSO CONTINUED TO SERVE AS GUARDIAN FOR 273 CLIENTS FOR WHOM THE AGENCY HAD BEEN APPOINTED IN PREVIOUS YEARS.
GUARDIANSHIP SERVICES, INC. ("GSI") PROVIDES REPRESENTATIVE PAYEE SERVICES AS WELL AS MONEY MANAGEMENT SERVICES WHICH TEACH PERSONS WITH INTELLECTUAL DEVELOPMENTAL DISABILITIES TO BECOME MORE INDEPENDENT. THESE ALTERNATIVES FREQUENTLY DELAY OR PREVENT THE ESTABLISHMENT OF A GUARDIANSHIP. THEY ARE ALSO HIGHLY EFFECTIVE AT PREVENTING FINANCIAL EXPLOITATION. THIS INCLUDED THE FINANCIAL EXPLOITATION PREVENTION CENTER AS PART OF THE MONEY MANAGEMENT PROGRAM, CREATING A UNIFIED NETWORK OF PARTNERS COMMITTED TO THE PREVENTION, PROTECTION, AND PROSECUTION OF FINANCIAL EXPLOITATION OF AGING AND/OR DISABLED ADULTS IN TARRANT COUNTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lyn F Scott Executive Director | Officer | 40 | $111,256 |
Shelly Shults Secretary | OfficerTrustee | 1 | $0 |
Robert L Loudermilk President | OfficerTrustee | 1 | $0 |
Sanjay Pamurthy Treasurer | OfficerTrustee | 3 | $0 |
Chris Katri Vice President | OfficerTrustee | 1 | $0 |
David Barnes Director Of Accounting And Administration | Officer | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $30,000 |
| Membership dues | $0 |
| Fundraising events | $40,182 |
| Related organizations | $0 |
| Government grants | $1,413,914 |
| All other contributions, gifts, grants, and similar amounts not included above | $220,590 |
| Noncash contributions included in lines 1a–1f | $20,316 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,704,686 |
| Total Program Service Revenue | $283,168 |
| Investment income | $859 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$18,639 |
| Net Income from Gaming Activities | $544 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,970,618 |
| 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. | $164,095 |
| Compensation of current officers, directors, key employees. | $3,146 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $995,739 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $138,170 |
| Payroll taxes | $94,714 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,520 |
| Fees for services: Accounting | $14,508 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $16,207 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $33,730 |
| Advertising and promotion | $0 |
| Office expenses | $25,611 |
| Information technology | $61,067 |
| Royalties | $0 |
| Occupancy | $140,600 |
| Travel | $32,550 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,259 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $22,667 |
| Insurance | $16,544 |
| All other expenses | $4,719 |
| Total functional expenses | $1,817,401 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,036 |
| Savings and temporary cash investments | $196,182 |
| Pledges and grants receivable | $89,839 |
| Accounts receivable, net | $7,548 |
| 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 | $35,238 |
| Net Land, buildings, and equipment | $55,712 |
| Investments—publicly traded securities | $682,824 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,075,379 |
| Accounts payable and accrued expenses | $49,098 |
| 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 | $49,098 |
| Net assets without donor restrictions | $1,023,371 |
| Net assets with donor restrictions | $2,910 |
| 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 | $1,075,379 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Guardianship Services Inc has recieved totaling $94,806.
| Awarding Organization | Amount |
|---|---|
The Morris Foundation Fort Worth, TX PURPOSE: MONEY MANAGEMENT PROGRAM FOR VULNERABLE ADULTS IN TARRANT COUNTY | $60,000 |
Communities Foundation Of Texas Dallas, TX PURPOSE: THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT. | $10,897 |
Vestal B Sanders Charitable Fdn Wc258 Fort Worth, TX PURPOSE: UNRESTRICTED DONATION | $10,000 |
Texas Bar Foundation Austin, TX PURPOSE: Support new case manager | $10,000 |
Fash Foundation Hurst, TX PURPOSE: GENERAL PROGRAM | $3,000 |
Jp Morgan Chase Foundation New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $675 |
Endowment Analysis
| Beg. Balance | $2,910 |
| Ending Balance | $2,910 |
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|---|---|---|
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Integrity Inc Little Rock, AR | $13,609,813 | $15,573,168 |
Mission Of Mercy Inc Corpus Christi, TX | $7,577,811 | $11,960,672 |
Life Styles Inc Fayetteville, AR | $7,250,362 | $10,687,117 |
Independent Living Resource Center Albuquerque, NM | $3,325,195 | $9,733,666 |
Advo Companies Inc Amarillo, TX | $2,717,648 | $8,744,385 |
Arkansas Family Supports Inc Fort Smith, AR | $6,002,199 | $9,109,380 |
Carc Inc Lake Charles, LA | $11,579,586 | $7,309,580 |
Nonviolence Works Inc Taos, NM | $1,929,520 | $7,008,447 |