ServiceSource Foundation Inc

EIN: 201438270 501(c)(3) Human Services

Oakton, VA

Total Revenue
$2,656,662
Total Expenses
$1,299,429
Total Assets
$18,656,094
Net Assets
$18,360,910
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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
VA
Principal Officer
Kenneth Crum
Phone
7034616000
Tax Period
2024-07-01 to 2025-06-30

ServiceSource Foundation Inc, founded in 2004, is a community nonprofit in the Human Services sector that reported $2.7M in total revenue in fiscal year 2024. Revenue surged 49% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.4M, a strong 51% operating margin.

Mission

To provide funding to support unfunded and underfunded programs for people with disabilities.

Program Service Accomplishments

Program 1
Expenses: $1,253,780

The ServiceSource Foundation is a 501(c)(3) not-for-profit organization established in 2004 to raise funds from donors for critical programs of ServiceSource, Inc., and its affiliated organizations...

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The ServiceSource Foundation is a 501(c)(3) not-for-profit organization established in 2004 to raise funds from donors for critical programs of ServiceSource, Inc., and its affiliated organizations (ServiceSource). The ServiceSource Foundation often provides start-up funding for new initiatives and/or gap funding for unfunded and underfunded programs. All ServiceSource organizations share a common mission to facilitate services, resources, and partnerships to support people with disabilities, their families, caregivers, and community members. The ServiceSource Foundation is a separate 501(c)(3) organization governed by a volunteer board of trustees. Ninety-nine (99) cents of every dollar donated to the ServiceSource Foundation is used in direct support of the people and programs of ServiceSource. The ServiceSource Foundation provides critical gap funding for unfunded or underfunded programs across all ServiceSource affiliates. Donors may direct their funding to support programs in their local community. In fiscal year 2025, more than $1.2 million in program support was allocated. Programs Funded Included the Following: a) Transportation Services (All Affiliates) b) Therapeutic Horseback Riding (WorkSource) c) Family Support Services (All Affiliates) d) Community Integration Services/Habilitation Therapies (ServiceSource) e) Bloom Artisans (ServiceSource, Employment Source and PARC) f) Warrior Bridge (Employment Source and Abilities) g) Day Programs (Employment Source) h) FinanceABILITY (Opportunity Center) i) Competitive Integrated Employment (PARC) j) High School/High Tech (Abilities) k) Opportunity Calls Call Center (Abilities) l) Forensic Evaluation Services (Abilities) The ServiceSource Foundation funds programs at all seven ServiceSource affiliated organizations, including Employment Source in NC, ServiceSource, Work Source and Central Fairfax Services in Virginia, Opportunity Center in Delaware, PARC in Utah, and Abilities of Florida. Donors may designate an affiliate or specific program when making donations to the ServiceSource Foundation.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,173,504
Program Service Revenue $0
Investment Income $483,158
Other Revenue $0
TOTAL REVENUE $2,656,662

Expense Breakdown

Grants Paid $1,253,780
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,253,780
Other Expenses $45,649
TOTAL EXPENSES $1,299,429

Year-over-Year Comparison

2024 2023 Change
Revenue $2,656,662 $1,788,004 +0.5%
Expenses $1,299,429 $2,140,855 -0.4%
Net Income $1,357,233 $-352,851 -4.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
16
Independent Members
16
Employees
N/A
Volunteers
16

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$1,420,851
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Bruce Wardinski Chairman 2.00
Officer Director
$0 $0 $0
Michelle Lee Vice Chair 2.00
Officer Director
$0 $0 $0
Albert Wu Secretary & Treasurer 2.00
Officer Director
$0 $0 $0
Phoebe Craven Trustee 2.00
Director
$0 $0 $0
Mark Crisler Trustee 2.00
Director
$0 $0 $0
Sean DellOrto Trustee 2.00
Director
$0 $0 $0
James L Francis Trustee 2.00
Director
$0 $0 $0
Elizabeth Hall Trustee 2.00
Director
$0 $0 $0
Ryan Hymel Trustee 2.00
Director
$0 $0 $0
Brad Nelson Trustee 2.00
Director
$0 $0 $0
Dale Powell Trustee 2.00
Director
$0 $0 $0
Janet Samuelson Trustee 2.00
Director
$0 $0 $0
Dr Ralph W Shrader Trustee 2.00
Director
$0 $0 $0
Joe J Sorota Jr Esq Trustee 2.00
Director
$0 $0 $0
Paul Thieberger Trustee 2.00
Director
$0 $0 $0
Tiffany Washkewicz Trustee 2.00
Director
$0 $0 $0
Bruce Patterson President/CEO 2.00
Officer
$0 $41,830 $668,285
Lisa Ward Executive Vice President 2.00
Officer
$0 $45,039 $374,780
Nathaniel Hoover Chief Financial Officer 2.00
Officer
$0 $1,962 $377,786
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $2,656,662 $1,299,429 $18,656,094 $1,357,233
2024 $1,788,004 $2,140,855 $16,408,553 $-352,851
2023 $3,825,965 $1,213,682 $16,319,184 $2,612,283
2022 $2,650,558 $1,222,430 $13,324,908 $1,428,128
2021 $4,771,666 $2,334,890 $14,610,746 $2,436,776
2020 $5,087,907 $5,123,939 $9,472,691 $-36,032
2019 $2,363,759 $1,490,726 $9,463,641 $873,033
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