Serv Foundation Inc

Nonprofit profile at a glance

EIN
223265546
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
Hamilton, NJ, USA
Phone
6094060100
Rating
45
Verdict
MIXED
Rating confidence
Standard
Sector
Centers to Support the Independence of Specific Populations

Official website

Reported finances

Revenue
$674,329
Expenses
$682,125
Assets
$16,002,690
Liabilities
$2,981,084

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

18 people listed

Executive titles in this filing

  • REGINA WIDDOWS (CHIEF EXECUTIVE OFFICER/PRESIDENT)
  • AHMED TAYLOR (SENIOR VICE PRESIDENT, PROPERTIES AND MANAGEMENT)
  • ASTRID HERRERA (SENIOR VICE PRESIDENT, QUALITY AND COMPLIANCE)
  • PAUL LUBIAK (SENIOR VICE PRESIDENT, IT & BUSINESS TRANSFORMATIO)
  • MARINDA WALLER (SENIOR VICE PRESIDENT, ACCESS AND CONTINUUM OF CAR)

Highest reported compensation

  • REGINA WIDDOWS (CHIEF EXECUTIVE OFFICER/PRESIDENT): $536,946 total reported compensation
  • VALERIE DION (CHIEF LEGAL OFFICER): $255,373 total reported compensation
  • ROBERT BACON (CHIEF OPERATING OFFICER): $253,579 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide innovative programs for individuals in serv behavioral health system, inc.'s family of companies who struggle with debilitating mental illnesses or intellectual/developmental disabilities. By creating partnerships with individuals and organizations, the foundation develops awareness in the community and provides financial support for exceptional programs benefiting our consumers, their families and the community at large.

What it reported doing in 2024

The serv foundation, inc. Has provided financial support to serv behavioral health system, inc.'s family of separately incorporated non-profit service organizations since 1994. The foundation raises funds from individuals in the community and corporate partners. The serv foundation, inc.'s signature annual fundraising event, volley for serv, attracts tennis players and golfers from New Jersey and Pennsylvania and has raised hundreds of thousands of dollars to support serv's programs. The serv foundation, inc. Also has an extensive grant-writing program and approaches federal, state, and municipal entities, as well as private foundations. The foundation introduced w.e.l.l. Power (wellness, empowerment, learning, and living) in 2002 to educate and support serv individuals in serv's care toward their overall wellness goals. In 2004, the serv foundation. Inc. Initiated the consumer scholarship fund to help the individuals we serve achieve their educational goals. Recently, the foundation has expanded its efforts to support staff engagement and well-being for the 800+ team members who provide compassionate care to individuals in serv's care. The serv foundation, inc. Also provides funds to make significant repairs and improvements to serv behavioral health system, inc.'s facilities and down payments to purchase homes for serv programs.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Hybrid. The nonprofit split its reported program spending across 55% for direct work, and 45% for grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 76
  • Accountability: 75
  • Sustainability: 48
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0.5%; rating input score 0
  • Program expense ratio: 0.3%; rating input score 0
  • Fundraising efficiency: $1.23 raised per $1 spent on fundraising; rating input score 4; 4th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 94.1%; rating input score 94; 25th percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • 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: 88.9%; rating input score 89; 22nd percentile among comparable filings
  • Governance controls: 5 of 9 controls in place; rating input score 56
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -1.2%; rating input score 32; 32nd percentile among comparable filings
  • Total-asset coverage ratio: 23.46; rating input score 97; 97th percentile among comparable filings
  • Liabilities to assets ratio: 0.19; rating input score 33; 33rd percentile among comparable filings
  • Officer compensation ratio: 50.2%; rating input score 2; 2nd percentile among comparable filings

Growth

  • Program expense growth: 22.8% per year; rating input score 100; 85th percentile among comparable filings
  • Revenue growth: 15.5% per year; rating input score 100; 79th percentile among comparable filings
  • Asset growth: 7.8% per year; rating input score 100; 50th percentile among comparable filings

Details

  • Where the money goes: 0.5% of revenue deployed · 0.3% of spending went to programs
  • Governance: 8 of 9 board members independent · 5 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $2K in reported program spending
  • Leadership: top reported pay $537K · 18 people listed · 2 of 6 pay-setting controls reported
  • Consistency: 34 of 35 current checks pass · 1 finding to review
  • Schedules: 8 filed schedules · includes major donors and executive pay
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Related organizations: 11 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.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Financial Efficiency: Fundraising efficiency scored 4/100.
  • Review — Accountability: Governance controls: 3 of 8 not reported.
  • Moderate — Sustainability: Operating margin scored 32/100.
  • High — Sustainability: Officer compensation ratio scored 2/100.
  • Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
  • Moderate — Sustainability: Liabilities to assets ratio scored 33/100.