Twin Valley Developmental Services INC FY2020 filing

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To serve the needs of mentally handicapped individuals

501(c)(3) charity; gifts are tax-deductible.
95¢ of each $1 spent went to programs.
$129K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $60K a year · 1% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
95%
of spending
Looks good: 95% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$129K
to officers and key staff · 3% of spending
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
3 mo
of spending, in cash
Looks good: 3.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $389K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$985K
28% of total assets
Looks good: liabilities are 28% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$4.7M
Spent
$4.8M
To programs
95%
Net assets
$2.5M
By yearFY2020–FY2025
Revenue
$4.7M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$4.7M
FY2021$5.1M
FY2022$5.0M
FY2023$7.5M
FY2024$6.2M
FY2025$5.9M
Expenses
$4.8M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$4.8M
FY2021$4.6M
FY2022$4.9M
FY2023$7.7M
FY2024$6.0M
FY2025$6.1M
Net assets
$2.5M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$2.5M
FY2021$3.0M
FY2022$3.0M
FY2023$2.8M
FY2024$3.1M
FY2025$3.0M

From the FY2020 Form 990 (year ending June 2020) · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 1977.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

95 cents of each dollar spent went to programs.

Program services 95% · $4.5M Management & general 5% · $261K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

7 people listed on the 990; $129K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Chief Executive Officer
$129,210Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Michael Peschel’s $102K as Chief Executive Officer is at the 28th percentile of top reported officer pay among 1245 $1–10M employment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Edgar Henry————$74,009$129,210
Michael Peschel$101,617$101,548$98,401$83,558$49,450—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Twin Valley Developmental Services INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Supports individuals with intellectual disabilities.

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3 programs · $3.7M · in their own filed words · FY2019
01

Residential and apartments. Providing of room and board to mentally handicapped young adults that are being taught independent living skills

$2.3Mprogram expense
02

Greenleaf and beattie, kansas workshops. Program relates to the training of the mentally handicapped in providing goods and services

$1.4Mprogram expense
03

Program provides transportation services to senior citizens and others in washington and marshall counties of kansas

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$389K
Grants paid · 1 grant · $1.5M · 2022–2022

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$4.7M
Ln 12
Fees for servicesLn 2g$4.3M
Gifts and grantsLn 1h$308K
Other incomeLn 4–11$41K
Money outPt IX
$4.8M
Ln 25
Programscol B$4.5M
Managementcol C$261K
Owns and owesPt X
$2.5M
net assets · Ln 32
Cash and savingsLn 1–2$1.2M
Total assetsLn 16$3.5M
LiabilitiesLn 26$985K
PeoplePt VI, VII
7
listed · VII A
PaidVII A1
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$308K
Government grantsLn 1e$302K
Fees for servicesLn 2g$4.3M
Investment incomeLn 3$30K
Other incomeLn 4–11$41K
Gains on assetsLn 7$19K
Total revenueLn 12$4.7M
Assets in detailPt X, end of year
CashLn 1$993K
SavingsLn 2$217K
Cash and savings togetherLn 1–2$1.2M
InvestmentsLn 11–13$281K
Land, buildings, equipmentLn 10c$1.6M
Total assetsLn 16$3.5M
LiabilitiesLn 26$985K
Net assetsLn 32$2.5M
OperationsPt I, VI
EmployeesI 5184
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$829K$1.2M
InvestmentsLn 11–13$268K$281K
Land, buildings, equipmentLn 10c$1.7M$1.6M
Total assetsLn 16$3.1M$3.5M
LiabilitiesLn 26$550K$985K
Net assetsLn 32$2.6M$2.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$147K$147K
Other salaries and wagesLn 7$2.6M$2.6M
Pension plan contributionsLn 8$231K$231K
Other employee benefitsLn 9$395K$388K$7K
Payroll taxesLn 10$206K$197K$9K
Management feesLn 11a$2K$2K
Legal feesLn 11b$12K$176$12K
Accounting feesLn 11c$45K$674$44K
Investment management feesLn 11f$3K$3K
Advertising and promotionLn 12$10K$5K$5K
Office expensesLn 13$168K$158K$11K
OccupancyLn 16$217K$216K$1K
TravelLn 17$62K$61K$2K
InterestLn 20$22K$22K
Depreciation, depletion and amortizationLn 22$204K$203K$396
InsuranceLn 23$190K$188K$2K
Other expenses (24a–d)Ln 24$236K$221K$16K
All other expensesLn 24e$22K$20K$3K
Total functional expensesLn 25$4.8M$4.5M$261K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS May 15, 2026 $5.9M$6.1M−$181K$3.0M 990 PDF
FY2024Filed with the IRS May 15, 2025 $6.2M$6.0M$245K$3.1M 990 PDF
FY2023Filed with the IRS May 15, 2024 $7.5M$7.7M−$185K$2.8M 990 PDF
FY2022 $5.0M$4.9M$58K$3.0M 990 PDF
FY2021Filed with the IRS May 16, 2022 $5.1M$4.6M$500K$3.0M 990 PDF
FY2020 ViewingFiled with the IRS May 11, 2021 $4.7M$4.8M−$78K$2.5M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $4,683,075 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $275,619$308,433
I-9 Program service revenuePrior year $4,350,234$4,303,877
I-10 Investment incomePrior year $12,348$30,197
I-11 Other revenuePrior year $45,442$40,568
I-12 Total revenuePrior year $4,683,643$4,683,075
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $3,634,913$3,566,956
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,230,854$1,193,710
I-18 Total expensesPrior year $4,865,767$4,760,666
I-19 Revenue less expensesPrior year −$182,124−$77,591
Part VI · Governance 6 of 6 board members independent, 1 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $4,683,075 across 9 lines filed
Lines not itemized here account for $67,628 of total revenue; see the IRS return.
VIII-1e Government grants$302,201
VIII-1f All other contributions, gifts and grants$6,232
VIII-1h Total contributions, gifts and grants$308,433
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $4,266,617$4,266,617
VIII-3 Investment incomeExcluded from tax $11,318$11,318
VIII-7 Net gain or loss on sales of assetsExcluded from tax $18,879$18,879
VIII-8 Net income from fundraising eventsExcluded from tax $8,184$8,184
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $2,016$2,016
VIII-12 Total revenueRelated to mission $4,336,261 · Unrelated business $0 · Excluded from tax $38,381$4,683,075
Part IX · Statement of functional expenses $4,760,666 across 18 lines filed
IX-5 Pay of current officers, directors and key staffManagement $146,538$146,538
IX-7 Other salaries and wagesPrograms $2,587,911$2,587,911
IX-8 Pension plan contributionsPrograms $230,976$230,976
IX-9 Other employee benefitsPrograms $387,659 · Management $7,415$395,074
IX-10 Payroll taxesPrograms $197,200 · Management $9,257$206,457
IX-11a Management feesPrograms $2,016$2,016
IX-11b Legal feesPrograms $176 · Management $11,529$11,705
IX-11c Accounting feesPrograms $674 · Management $44,139$44,813
IX-11f Investment management feesManagement $2,688$2,688
IX-12 Advertising and promotionPrograms $4,987 · Management $5,121$10,108
IX-13 Office expensesPrograms $157,560 · Management $10,537$168,097
IX-16 OccupancyPrograms $215,751 · Management $1,417$217,168
IX-17 TravelPrograms $60,693 · Management $1,777$62,470
IX-20 InterestPrograms $21,948$21,948
IX-22 Depreciation, depletion and amortizationPrograms $203,444 · Management $396$203,840
IX-23 InsurancePrograms $187,948 · Management $2,105$190,053
IX-24 Other expenses (24a–d)Programs $220,854 · Management $15,576$236,430
IX-24e All other expensesPrograms $19,693 · Management $2,681$22,374
IX-25 Total functional expensesPrograms $4,499,490 · Management $261,176 · Fundraising $0$4,760,666
Part X · Balance sheet $3,478,434 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $614,882$992,774
X-2 Savings and temporary cash investmentsStart of year $213,923$216,529
X-4 Accounts receivableStart of year $318,305$366,641
X-8 Inventories for sale or useStart of year $12,597$16,865
X-9 Prepaid expenses and deferred chargesStart of year $29,423$30,705
X-10c Land, buildings and equipment, netStart of year $1,655,555$1,574,130
X-11 Publicly traded securitiesStart of year $267,829$280,790
X-16 Total assetsStart of year $3,112,514$3,478,434
X-17 Accounts payable and accrued expensesStart of year $215,625$145,423
X-24 Unsecured notes and loans payable$560,657
X-26 Total liabilitiesStart of year $550,133$985,244
X-27 Net assets without donor restrictionsStart of year $2,562,381$2,493,190
X-32 Total net assets or fund balancesStart of year $2,562,381$2,493,190
X-33 Total liabilities and net assetsStart of year $3,112,514$3,478,434
Part XI · Reconciliation of net assets $2,493,190 net assets at year end
XI-1 Total revenue$4,683,075
XI-2 Total expenses$4,760,666
XI-3 Revenue less expenses−$77,591
XI-4 Net assets at start of year$2,562,381
XI-5 Net unrealized gains (losses) on investments$8,400
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,493,190

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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