Revenue and Expenses over Five Years in Intellectual Disability Service Providers in Pennsylvania

Authors

  • Scott Spreat Woods Services, Langhorne, PA

DOI:

https://doi.org/10.5463/dcid.v29i4.797

Keywords:

Fiscal health provider

Abstract

Purpose: The aim of this study was to ascertain the financial health of intellectual disability provider agencies in Pennsylvania over a five-year period of time.

Method: GuideStar was used to access the 990 tax forms of 79 provider agencies belonging to the PAR provider association.

Results: Data revealed that approximately 1/3 of the service providers had expenses that exceeded revenue each year.   Despite this negative finding, net assets of the provider agencies grew and it was evident that additional money was entering the system.   The threats of this sort of situation were discussed.

Conclusions: It appears to be a constant that 1/3 of provider agencies have expenses that exceed revenue each year. This data questions the long-term sustainability of Pennsylvania intellectual disability providers.  

Author Biography

Scott Spreat, Woods Services, Langhorne, PA

Scott Spreat is the former third baseman of the Morrisville High School Bulldogs.  An inability to hit the curve ball led him to graduate school rather than get into professional baseball.  He received a Bachelors degree from Dickinson College and a Doctorate in Educational Psychology from Temple University.   A licensed psychologist, Spreat has held a variety of administrative and clinical positions within the intellectual disability industry, most recently serving as Vice President for Evaluation & Research for Woods Services.   He also functions as Financial Officer for the Imlaystown Veterinary Clinic.

 

 

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Published

2019-05-14

How to Cite

1.
Spreat S. Revenue and Expenses over Five Years in Intellectual Disability Service Providers in Pennsylvania. DCIDJ [Internet]. 2019 May 14 [cited 2024 Sep. 8];29(4):98-108. Available from: https://dcidj.uog.edu.et/index.php/up-j-dcbrid/article/view/315

Issue

Section

Brief reports