Create employment opportunities and choice for people with significant disabilities.

501(c)(3) charity; gifts are tax-deductible.
96¢ of each $1 spent went to programs.
$2.6M 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

FY2023 · 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
6 of 6
filings with a surplus
Average surplus $11.2M a year · 6% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
96%
of spending
Looks good: 96% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$2.6M
to officers and key staff · 1% of spending
Looks good: pay to officers and key staff is 1% of spending; 15% or less.
Pt VII · Sec A
1 mo
of spending, in cash
Fine: 1.4 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$25.9M
17% of total assets
Looks good: liabilities are 17% of assets; 50% or less.
Pt X · Ln 26
Independent board members
21
of 21 voting members
Looks good: 21 of 21 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$197.5M
+12% vs prior year
Spent
$192.9M
To programs
96%
Net assets
$129.3M
By yearFY2020–FY2025
Revenue
$197.5M
FY2023▲ +12%
Tap a bar for its year
Revenue by fiscal year
FY2020$157.8M
FY2021$188.6M
FY2022$176.5M
FY2023$197.5M
FY2024$173.6M
FY2025$157.7M
Expenses
$192.9M
FY2023▲ +18%
Tap a bar for its year
Expenses by fiscal year
FY2020$147.8M
FY2021$168.5M
FY2022$162.8M
FY2023$192.9M
FY2024$166.7M
FY2025$145.8M
Net assets
$129.3M
FY2023▲ +9%
Tap a bar for its year
Net assets by fiscal year
FY2020$93.3M
FY2021$119.0M
FY2022$118.2M
FY2023$129.3M
FY2024$149.7M
FY2025$168.4M

From the FY2023 Form 990 (year ending September 2023) · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 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 Nov 1974.

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

Where the money goes

96 cents of each dollar spent went to programs.

Program services 96% · $185.3M Management & general 4% · $7.6M

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

32 people listed on the 990; $2.6M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
$495,532Pt VII · Sec A
$286,459Pt VII · Sec A
SVP and General Counsel
$282,693Pt VII · Sec A
$282,470Pt VII · Sec A
VP - Products
$232,645Pt VII · Sec A
VP, Account Support
$232,280Pt VII · Sec A
$229,000Pt VII · Sec A
VP - Account Services
$221,145Pt VII · Sec A

Richard Belden’s $615K as President & CEO is at the 65th percentile of top reported officer pay among 34 $100M+ 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 · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Richard Belden$615,445$576,876$495,532$433,963$292,164$75,299
Vincent Loose————$573,895$287,472
Wes Tyler$364,095$338,974$286,459———
Jeffrey McCaw$311,884$313,441$282,470$273,877$269,144—
Angelo Grima$313,139$311,456$282,693$205,466——
Cathy Cooke——$154,665$283,794$271,032$224,341
Howard Cooke—$236,305$232,280$283,294$218,142$189,026
Jill Johnson$254,962$243,813$232,645$221,323$216,491—

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 Sourceamerica executive salaries →

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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

Creates employment opportunities for people with significant disabilities by funding and supporting a national network of nonprofit agencies participating in the AbilityOne program.

Questions for Sourceamerica

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Provided by the organization

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1 program · $185.3M · in their own filed words · FY2022
01

Sourceamerica connects government customers and other organizations to a national network of abilityone(r) authorized providers that hire a talented segment of the workforce-people with disabilities.

$185.3Mprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · this organization's grantmaking
Grants paid · 715 grants · $22.3M · 2019–2024
Readyone Industries INCTX · FY2024$418,828
Mozaic ChapterNY · FY2024$406,432
Dawn Enterprises INCID · FY2024$186,039
Portco INCVA · FY2024$105,776
Via of the Lehigh Valley INCPA · FY2024$97,434
Job Options INCCA · FY2024$82,500
The Arc Caddo-BossierLA · FY2024$82,038
Clinton County ChapterNY · FY2024$80,248
Lanakila PacificHI · FY2024$73,381
Soar 365VA · FY2024$73,024
Employment Horizons INCNJ · FY2024$70,164
Skils'kinWA · FY2024$70,000
JoboneMO · FY2024$69,776
Tradewinds Services INCIN · FY2024$69,154
See all 715 grants →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$197.5M
Ln 12
Fees for servicesLn 2g$195.5M
Investment incomeLn 3$2.0M
Other incomeLn 4–11$21K
Money outPt IX
$192.9M
Ln 25
Programscol B$185.3M
Managementcol C$7.6M
Owns and owesPt X
$129.3M
net assets · Ln 32
Cash and savingsLn 1–2$21.9M
Total assetsLn 16$155.2M
LiabilitiesLn 26$25.9M
PeoplePt VI, VII
32
listed · VII A
PaidVII A10
Voting boardVI 1a21
IndependentVI 1b21
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$195.5M
Investment incomeLn 3$2.0M
Other incomeLn 4–11$21K
Gains on assetsLn 7−$818K
Total revenueLn 12$197.5M
Assets in detailPt X, end of year
SavingsLn 2$21.9M
Cash and savings togetherLn 1–2$21.9M
InvestmentsLn 11–13$77.6M
Land, buildings, equipmentLn 10c$13.5M
Other assetsLn 15$1.9M
Total assetsLn 16$155.2M
LiabilitiesLn 26$25.9M
Net assetsLn 32$129.3M
OperationsPt I, VI
EmployeesI 5460
VolunteersI 625
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$20.0M$21.9M
InvestmentsLn 11–13$69.5M$77.6M
Land, buildings, equipmentLn 10c$12.2M$13.5M
Total assetsLn 16$134.2M$155.2M
LiabilitiesLn 26$16.0M$25.9M
Net assetsLn 32$118.2M$129.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$5.2M$5.2M
Pay of current officers, directors and key staffLn 5$1.6M$1.5M$115K
Other salaries and wagesLn 7$50.6M$47.0M$3.6M
Pension plan contributionsLn 8$4.2M$3.9M$299K
Other employee benefitsLn 9$9.1M$8.5M$651K
Payroll taxesLn 10$3.6M$3.3M$254K
Legal feesLn 11b$518K$518K
Accounting feesLn 11c$95K$95K
Lobbying feesLn 11d$25K$25K
Investment management feesLn 11f$161K$161K
Other fees for servicesLn 11g$4.9M$4.1M$809K
Advertising and promotionLn 12$3.5M$3.5M$1K
Office expensesLn 13$1.3M$1.2M$108K
Information technologyLn 14$7.2M$6.8M$364K
OccupancyLn 16$1.9M$1.8M$102K
TravelLn 17$3.5M$3.3M$152K
Conferences, conventions and meetingsLn 19$1.8M$1.7M$77K
Depreciation, depletion and amortizationLn 22$1.5M$1.4M$83K
InsuranceLn 23$705K$662K$43K
Other expenses (24a–d)Ln 24$91.6M$91.5M$150K
Total functional expensesLn 25$192.9M$185.3M$7.6M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $157.7M$145.8M$11.9M$168.4M 990 PDF
FY2024 $173.6M$166.7M$6.9M$149.7M 990 PDF
FY2023 Viewing $197.5M$192.9M$4.6M$129.3M 990 PDF
FY2022 $176.5M$162.8M$13.7M$118.2M 990 PDF
FY2021 $188.6M$168.5M$20.1M$119.0M 990 PDF
FY2020 $157.8M$147.8M$10.1M$93.3M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $197,524,732 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $174,468,917$195,485,482
I-10 Investment incomePrior year $2,012,331$2,018,578
I-11 Other revenuePrior year $4,397$20,672
I-12 Total revenuePrior year $176,485,645$197,524,732
I-13 Grants and similar amounts paidPrior year $1,978,395$5,186,033
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $66,819,734$69,089,269
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $94,014,274$118,609,399
I-18 Total expensesPrior year $162,812,403$192,884,701
I-19 Revenue less expensesPrior year $13,673,242$4,640,031
Part VI · Governance 21 of 21 board members independent, no flags
VI-1a Voting members of the governing body21
VI-1b Independent voting members21
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $197,524,732 across 6 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $195,485,482$195,485,482
VIII-3 Investment incomeExcluded from tax $2,836,237$2,836,237
VIII-6 Net rental income or lossExcluded from tax $19,153$19,153
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$817,659−$817,659
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $1,519$1,519
VIII-12 Total revenueRelated to mission $195,485,482 · Unrelated business $0 · Excluded from tax $2,039,250$197,524,732
Part IX · Statement of functional expenses $192,884,701 across 20 lines filed
IX-1 Grants to domestic organizationsPrograms $5,186,033$5,186,033
IX-5 Pay of current officers, directors and key staffPrograms $1,496,966 · Management $115,042$1,612,008
IX-7 Other salaries and wagesPrograms $46,987,424 · Management $3,610,987$50,598,411
IX-8 Pension plan contributionsPrograms $3,891,057 · Management $299,028$4,190,085
IX-9 Other employee benefitsPrograms $8,474,821 · Management $651,291$9,126,112
IX-10 Payroll taxesPrograms $3,308,402 · Management $254,251$3,562,653
IX-11b Legal feesManagement $517,897$517,897
IX-11c Accounting feesManagement $94,711$94,711
IX-11d Lobbying feesManagement $24,975$24,975
IX-11f Investment management feesManagement $161,090$161,090
IX-11g Other fees for servicesPrograms $4,097,227 · Management $809,326$4,906,553
IX-12 Advertising and promotionPrograms $3,458,601 · Management $1,035$3,459,636
IX-13 Office expensesPrograms $1,235,147 · Management $108,007$1,343,154
IX-14 Information technologyPrograms $6,823,218 · Management $364,438$7,187,656
IX-16 OccupancyPrograms $1,764,127 · Management $102,151$1,866,278
IX-17 TravelPrograms $3,298,893 · Management $152,452$3,451,345
IX-19 Conferences, conventions and meetingsPrograms $1,678,689 · Management $76,601$1,755,290
IX-22 Depreciation, depletion and amortizationPrograms $1,437,006 · Management $83,151$1,520,157
IX-23 InsurancePrograms $661,694 · Management $42,985$704,679
IX-24 Other expenses (24a–d)Programs $91,465,715 · Management $150,263$91,615,978
IX-25 Total functional expensesPrograms $185,265,020 · Management $7,619,681 · Fundraising $0$192,884,701
Part X · Balance sheet $155,152,091 assets, 13 lines filed
Asset lines not itemized here account for $868,634; see the IRS return.
X-2 Savings and temporary cash investmentsStart of year $20,016,626$21,928,818
X-4 Accounts receivableStart of year $29,641,705$37,677,723
X-9 Prepaid expenses and deferred chargesStart of year $1,290,268$1,683,554
X-10c Land, buildings and equipment, netStart of year $12,247,515$13,515,838
X-11 Publicly traded securitiesStart of year $69,454,742$77,558,547
X-15 Other assetsStart of year $353,148$1,918,977
X-16 Total assetsStart of year $134,198,819$155,152,091
X-17 Accounts payable and accrued expensesStart of year $14,279,248$22,710,661
X-25 Other liabilitiesStart of year $1,755,824$3,179,540
X-26 Total liabilitiesStart of year $16,035,072$25,890,201
X-27 Net assets without donor restrictionsStart of year $118,163,747$129,261,890
X-32 Total net assets or fund balancesStart of year $118,163,747$129,261,890
X-33 Total liabilities and net assetsStart of year $134,198,819$155,152,091
Part XI · Reconciliation of net assets $129,261,890 net assets at year end
XI-1 Total revenue$197,524,732
XI-2 Total expenses$192,884,701
XI-3 Revenue less expenses$4,640,031
XI-4 Net assets at start of year$118,163,747
XI-5 Net unrealized gains (losses) on investments$6,458,112
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$129,261,890

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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