Employment Source Inc (EIN 562253814) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2001

Legal Domicile

Principal Officer

Kenneth Crum

Phone

9108264699

Tax Period

2024-07-01 to 2025-06-30

Employment Source Inc, founded in 2001, is a mid-sized nonprofit in the Human Services sector that reported $22.4M in total revenue in fiscal year 2024.

Mission

Employment Source, Inc., provides employment supports and community-based services to people with disabilities in Fayetteville, NC.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $808,664

Program Service Revenue $21,573,543

Investment Income $0

Other Revenue $297

TOTAL REVENUE $22,382,504

Expense Breakdown

Grants Paid $3,502

Salaries & Benefits $17,043,801

Fundraising Expenses $123,426

Program Expenses $19,540,713

Other Expenses $4,805,090

TOTAL EXPENSES $21,852,393

Year-over-Year Comparison

	2024	2023	Change
Revenue	$22,382,504	$21,093,187	+0.1%
Expenses	$21,852,393	$21,651,000	+0.0%
Net Income	$530,111	$-557,813	-2.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

583

Volunteers

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

$1,990,947

Total Directors

Key Employees

$622,936

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Gary Petersen	Chair	0.40	Officer Director	$0	$0	$0
William Warnecki	Chair Elect	0.40	Officer Director	$0	$0	$0
Brandt Wood	Vice Chair	0.40	Officer Director	$0	$0	$0
Frank Burke	Treasurer	0.40	Officer Director	$0	$0	$0
Michael Walsh	Past Chair	0.40	Officer Director	$0	$0	$0
Joseph Ashley	Director	0.40	Director	$0	$0	$0
Kristen Chou	Director	0.40	Director	$0	$0	$0
Weyher Dawson	Director	0.40	Director	$0	$0	$0
Mark Diorio	Director	0.40	Director	$0	$0	$0
Joanne Finnigan	Director	0.40	Director	$0	$0	$0
Patricia Harrison	Director	0.40	Director	$0	$0	$0
Juliet Hatchett	Director	0.40	Director	$0	$0	$0
Hector Velez	Director	0.40	Director	$0	$0	$0
Bruce Patterson	President/CEO	4.00	Officer	$56,381	$41,830	$668,285
Lisa Ward	Executive Vice President	2.00	Officer	$16,487	$45,039	$374,780
Nathaniel Hoover	Chief Financial Officer	4.00	Officer	$33,825	$1,962	$377,786
Kenneth Crum	Chief Operating Officer	4.00	Officer	$32,121	$44,042	$400,955
Jason Amorose	Executive Director	40.00	Officer	$134,190	$34,951	$169,141
Andrew Rind	EVP-Program Services	8.00	Key Emp	$51,293	$34,270	$290,737
John Huff	EVP-Contract Operations	10.00	Key Emp	$73,846	$36,806	$332,199
Dennis Dapolito	EVP-Business Development	4.00	Highest	$26,917	$37,332	$336,399
Lisa Long	EVP-IT	4.00	Highest	$26,555	$19,462	$314,540
Swati Aneja	EVP-HR	4.00	Highest	$24,570	$41,342	$314,344
Soma Bakhtari	VP-IT	4.00	Highest	$19,796	$34,245	$254,193
John Angerer	VP-Risk & Compliance	4.00	Highest	$18,275	$37,137	$240,195

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	$22,382,504	$21,852,393	$10,892,694	$530,111
2024	No data	No data	No data	No data
2023	$19,956,037	$20,564,322	$11,103,152	$-608,285
2022	$17,714,777	$17,013,321	$11,512,831	$701,456
2021	$17,036,513	$15,598,757	$10,656,455	$1,437,756
2020	$17,771,355	$15,411,284	$9,160,129	$2,360,071
2019	$16,836,577	$15,300,049	$7,857,465	$1,536,528

Employment Source Inc