APIS Services Inc

EIN: 821809627 501(c)(3) Health Care

Reading, PA

Total Revenue
$67,318,531
Total Expenses
$60,234,769
Total Assets
$224,918,760
Net Assets
$26,660,279
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
DE
Principal Officer
Ryan D Smith
Phone
4842693508
Tax Period
2024-07-01 to 2025-06-30

APIS Services Inc, founded in 2017, is a mid-sized nonprofit in the Health Care sector that reported $67.3M in total revenue in fiscal year 2024. Revenue surged 35% from the prior year, signaling strong growth momentum. Expenses of $60.2M left a modest 11% surplus.

Mission

APIS Services provides shared service offerings to affiliates allowing these entities to advance their mission and vision. By exploring geographical program expansion and focusing on quality outcome measures, APIS creates cost savings that result in reinvestment into the Organizations' stakeholders through capacity creation and employee compensation betterments. Shared service offerings include, but are not limited to: Fiscal Reporting, Payroll, Information Technology, Human Resources, Employee Recruiting, Employee Training, Risk Management Reporting and Analysis, and Time and Attendance.

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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 $0
Program Service Revenue $78,340,635
Investment Income $-11,029,169
Other Revenue $7,065
TOTAL REVENUE $67,318,531

Expense Breakdown

Grants Paid $0
Salaries & Benefits $35,865,179
Fundraising Expenses $0
Program Expenses $48,862,482
Other Expenses $24,369,590
TOTAL EXPENSES $60,234,769

Year-over-Year Comparison

2024 2023 Change
Revenue $67,318,531 $49,766,743 +0.4%
Expenses $60,234,769 $31,342,288 +0.9%
Net Income $7,083,762 $18,424,455 -0.6%
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

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Liquidity & Cash Position

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

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Governance

Voting Members
4
Independent Members
2
Employees
7002
Volunteers
2

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
3
$2,343,193
Total Directors
4
$2,404,617
Key Employees
1
$595,409
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ryan D Smith President 1.00
Officer Director
$0 $26,963 $1,489,010
Michael Herr Director 1.00
Director
$0 $40,087 $915,607
David Greif Director 1.00
Director
$0 $0 $0
Gary Twardowski Director 1.00
Director
$0 $0 $0
Jennifer P Gassen Secretary 1.00
Officer
$0 $47,963 $533,934
Kelly Godfrey Treasurer 55.00
Officer
$309,699 $10,550 $320,249
Thomas S Papa Chief Intr & Bus. Dev. Officer until 12/5/24 31.00
Key Emp
$321,007 $25,843 $595,409
Elizabeth M Shea Chief Human Resources Officer & Legal Counsel 25.00
Highest
$304,871 $12,276 $498,072
Clay N Cauley EVP/Chief Legal Strategist 40.00
Highest
$450,000 $0 $450,000
Victoria Niedermayer CEO - Helping Restore Ability 40.00
Highest
$425,046 $8,577 $433,623
Eliyahu S Scheiman Chf Legal Officer & Internal General Counsel 45.00
Highest
$422,052 $1,412 $423,464
Lisa M Mostoller Treasurer until 3/29/24, SVP of Accounting 38.50
Highest
$366,850 $627 $367,477
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 $67,318,531 $60,234,769 $224,918,760 $7,083,762
2024 $49,766,743 $31,342,288 $39,742,382 $18,424,455
2023 $30,868,979 $31,299,093 $82,452,688 $-430,114
2022 $19,706,617 $21,228,445 $69,986,876 $-1,521,828
2021 $15,713,327 $18,655,435 $60,776,008 $-2,942,108
2020 $14,237,259 $10,976,209 $46,519,475 $3,261,050
2019 $11,855,473 $11,640,961 $16,600,996 $214,512
2018 $6,219,448 $6,197,125 $5,085,860 $22,323
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