Peckham
Legal name: Peckham Vocational Industries Inc Dba Peckham Inc
Nonprofit profile at a glance
- EIN
- 382322117
- IRS 990 coverage
- 2009–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Lansing, MI, United States
- Phone
- 517.316.4000
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Sheltered Employment
Reported finances
- Revenue
- $310,240,247
- Expenses
- $297,364,508
- Assets
- $338,533,292
- Liabilities
- $98,539,420
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
21 people listed
Executive titles in this filing
- HEATHER SHAWA (VICE PRESIDENT)
- MICHAEL FLOWERS (PRESIDENT)
Highest reported compensation
- JO SPERRY (CEIO): $631,160 total reported compensation
- HARRY PIANKO (CFO): $404,007 total reported compensation
- LISA WEBB SHARPE (COO): $342,063 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Peckham’s mission empowers people with disabilities and other barriers to employment to reach their full potential through the power of work. Through it all, our Human Services team remained at the heart of our mission, providing life-changing support, skill-building, and employment opportunities that empower people to achieve greater independence through the power of work. As I prepare for retirement, I remain deeply grateful for this mission, this work, and this community. Peckham will continue to thrive because of people like you, our employees, customers, and partners who believe in the power of work to transform lives and communities. With heartfelt thanks,.
What it reported doing in 2024
Provide rehabilitation services to persons with disabilities and other barriers to employment, which will assist them in achieving their maximum level of vocational, economic, and social development. Program enrollment was 7,028.
Operating model
- Revenue model
- Earned-program. 98% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 99% 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.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 79
- Transparency & Controls: 91
- Accountability: 100
- Sustainability: 53
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 86.8%; rating input score 87
- Program expense ratio: 91%; rating input score 91
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- 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: 4.2%; rating input score 53; 53rd percentile among comparable filings
- Total-asset coverage ratio: 1.14; rating input score 44; 44th percentile among comparable filings
- Liabilities to assets ratio: 0.29; rating input score 57; 57th percentile among comparable filings
- Officer compensation ratio: 1%; rating input score 75; 75th percentile among comparable filings
Growth
- Program expense growth: 5.7% per year; rating input score 100; 46th percentile among comparable filings
- Revenue growth: 4.4% per year; rating input score 100; 36th percentile among comparable filings
- Asset growth: 6.8% per year; rating input score 100; 50th percentile among comparable filings
Details
- What they do: Mission, programs, and operating context captured from the official website.
- Where the money goes: 86.8% of revenue deployed · 91% of spending went to programs
- Governance: 13 of 13 board members independent · 8 of 8 filing controls reported
- Programs: 5 filed program accomplishments · $270.7M in reported program spending
- Leadership: top reported pay $631K · 21 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $55.6M reported
- Consistency: 33 of 33 current checks pass
- Schedules: 6 filed schedules · includes grants, executive pay, and related organizations
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 9 filed money-flow records
- Related organizations: 8 filed related-organization links
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Sustainability: Operating margin scored 53/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 44/100.
- Review — Sustainability: Liabilities to assets ratio scored 57/100.