Guardianship Services Inc
Nonprofit profile at a glance
- EIN
- 752739419
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Fort Worth, TX, USA
- Phone
- 8179210499
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Centers to Support the Independence of Specific Populations
Reported finances
- Revenue
- $2,104,219
- Expenses
- $2,115,740
- Assets
- $1,297,138
- Liabilities
- $363,334
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
19 people listed
Executive titles in this filing
- SANJAY PAMURTHY (PRESIDENT)
- BRITTANY ALLEN-BRANTLEY (VICE PRESIDENT)
- LYN F SCOTT (CEO)
Highest reported compensation
- LYN F SCOTT (CEO): $165,940 total reported compensation
- DAVID BARNES (DIRECTOR OF ACCOUNTING & ADMIN.): $100,571 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Guardianship services, inc. (gsi) answers the call to protect tarrant county's vulnerable adults from abuse, neglect and exploitation with services ranging from guardianship to money management, victim advocacy and financial literacy education.
What it reported doing in 2024
Guardianship services, inc. (gsi) provides representative payee services as well as money management services which teach persons with cognitive deficits to become more independent. These alternatives frequently delay or prevent the establishment of a guardianship. They are also highly effective at preventing financial exploitation. These voluntary services are less restrictive alternatives to guardianship and include bill payer services which help at-risk clients create and follow a budget, organize and pay bills as well as representative payee services which provide a higher level of income management and security to at-risk adults receiving social security, supplemental security income or veterans affairs benefits. Included in the money management program is the financial exploitation prevention center, 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. The fepc unites gsi with the tarrant county district attorney, adult protective services, and more than 10 social service partners. Gsi coordinates services of participating agencies, all dedicated to the prevention and prosecution of fraud or financial exploitation of vulnerable adults through public education, victim advocacy and more. The center and partner agencies have helped victims regain more than $3 million in restitution to date. Additional money management initiatives include e3: educate, engage, enroll, to stem the rising tide of senior poverty by expanding enrollment in medicare savings programs.
Operating model
- Revenue model
- Grant-funded. 71% of the money available for current operations came from government grants.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 81
- Transparency & Controls: 79
- Accountability: 100
- Sustainability: 28
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 86.7%; rating input score 87
- Program expense ratio: 86%; rating input score 86
- Fundraising efficiency: $9.76 raised per $1 spent on fundraising; rating input score 37; 37th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -0.5%; rating input score 31; 31st percentile among comparable filings
- Total-asset coverage ratio: 0.61; rating input score 22; 22nd percentile among comparable filings
- Liabilities to assets ratio: 0.28; rating input score 36; 36th percentile among comparable filings
- Officer compensation ratio: 12.6%; rating input score 23; 23rd percentile among comparable filings
Growth
- Program expense growth: 6% per year; rating input score 100; 45th percentile among comparable filings
- Revenue growth: 4.2% per year; rating input score 100; 36th percentile among comparable filings
- Asset growth: 9.4% per year; rating input score 100; 56th percentile among comparable filings
Details
- Where the money goes: 86.7% of revenue deployed · 86% of spending went to programs
- Governance: 15 of 15 board members independent · 9 of 9 filing controls reported
- Programs: 2 filed program accomplishments · $1.8M in reported program spending
- Leadership: top reported pay $166K · 19 people listed · 3 of 6 pay-setting controls reported
- Consistency: 32 of 32 current checks pass
- Schedules: 6 filed schedules · includes major donors and executive pay
- Filing history: 15 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Fundraising efficiency scored 37/100.
- Moderate — Sustainability: Operating margin scored 31/100.
- High — Sustainability: Total-asset coverage ratio scored 22/100.
- High — Sustainability: Officer compensation ratio scored 23/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 36/100.