Engstrom Services INC FY2024 filing

Tax-deductible

Chattanooga, TN501(c)(3)Human ServicesEIN 62-1499350

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The organization evaluates, assesses, and makes recommendations for treatment of individuals with mental or physical handicaps.

501(c)(3) charity; gifts are tax-deductible.
84¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2024 · 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 5
filings with a surplus
Average surplus $633K a year · 21% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
84%
of spending
Looks good: 84% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
11 mo
of spending, in cash
Looks good: 11.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$487K
8% of total assets
Looks good: liabilities are 8% 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
$2.4M
-52% vs prior year
Spent
$2.7M
To programs
84%
Net assets
$5.8M
By yearFY2021–FY2025
Revenue
$2.4M
FY2024▼ -52%
Revenue by fiscal year
FY2021$2.1M
FY2022$2.4M
FY2023$5.0M
FY2024$2.4M
FY2025$3.2M
Expenses
$2.7M
FY2024▲ +25%
Expenses by fiscal year
FY2021$2.2M
FY2022$2.0M
FY2023$2.2M
FY2024$2.7M
FY2025$2.9M
Net assets
$5.8M
FY2024▼ -2%
Net assets by fiscal year
FY2021$2.9M
FY2022$3.0M
FY2023$5.9M
FY2024$5.8M
FY2025$6.2M

From the FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 1992.

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

Where the money goes

84 cents of each dollar spent went to programs.

Program services 84% · $2.3M Management & general 16% · $423K

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

8 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Executive Director
$0Pt VII · Sec A

Kris Zink’s $77K as Executive Director is at the 15th percentile of top reported officer pay among 3869 $1–10M human services 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.

See Engstrom Services INC 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

Evaluates, assesses, and recommends treatment for individuals with mental or physical handicaps.

Provided by the organization

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1 program · $2.3M · in their own filed words · FY2023
01

Evaluation, assessment, and recommendation of individuals enrolled in the state medicaid waiver program to determine the best approach to their care. We serve 920 clients per month.

$2.3Mprogram expense

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$2.4M
Ln 12
Fees for servicesLn 2g$2.2M
Investment incomeLn 3$232K
Money outPt IX
$2.7M
Ln 25
Programscol B$2.3M
Managementcol C$423K
Owns and owesPt X
$5.8M
net assets · Ln 32
Cash and savingsLn 1–2$2.6M
Total assetsLn 16$6.3M
LiabilitiesLn 26$487K
PeoplePt VI, VII
8
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$2.2M
Investment incomeLn 3$232K
Gains on assetsLn 7$30K
Total revenueLn 12$2.4M
Assets in detailPt X, end of year
SavingsLn 2$2.6M
Cash and savings togetherLn 1–2$2.6M
InvestmentsLn 11–13$2.7M
Land, buildings, equipmentLn 10c$184K
Other assetsLn 15$418K
Total assetsLn 16$6.3M
LiabilitiesLn 26$487K
Net assetsLn 32$5.8M
OperationsPt I, VI
EmployeesI 564
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$4.0M$2.6M
InvestmentsLn 11–13$1.5M$2.7M
Land, buildings, equipmentLn 10c$246K$184K
Total assetsLn 16$6.0M$6.3M
LiabilitiesLn 26$124K$487K
Net assetsLn 32$5.9M$5.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$154K$129K$25K
Other salaries and wagesLn 7$1.6M$1.3M$236K
Pension plan contributionsLn 8$102K$82K$21K
Other employee benefitsLn 9$290K$261K$29K
Payroll taxesLn 10$127K$107K$20K
Accounting feesLn 11c$15K$15K
Other fees for servicesLn 11g$45K$43K$2K
Office expensesLn 13$57K$51K$6K
OccupancyLn 16$170K$160K$10K
TravelLn 17$42K$37K$5K
Depreciation, depletion and amortizationLn 22$7K$547$7K
InsuranceLn 23$48K$35K$13K
Other expenses (24a–d)Ln 24$54K$18K$36K
Total functional expensesLn 25$2.7M$2.3M$423K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $3.2M$2.9M$279K$6.2M 990 PDF
FY2024 Viewing $2.4M$2.7M−$274K$5.8M 990 PDF
FY2023 $5.0M$2.2M$2.9M$5.9M 990 PDF
FY2022 $2.4M$2.0M$326K$3.0M 990 PDF
FY2021 $2.1M$2.2M−$47K$2.9M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (5 parts)
Part I · Summary $2,413,562 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $1,988,667$2,194,310
I-10 Investment incomePrior year $3,142,485$232,104
I-11 Other revenuePrior year −$98,261−$12,852
I-12 Total revenuePrior year $5,032,891$2,413,562
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 $1,786,937$2,249,779
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $367,585$438,240
I-18 Total expensesPrior year $2,154,522$2,688,019
I-19 Revenue less expensesPrior year $2,878,369−$274,457
Part VIII · Statement of revenue $2,413,562 across 6 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,194,310$2,194,310
VIII-3 Investment incomeExcluded from tax $202,088$202,088
VIII-6 Net rental income or lossExcluded from tax −$13,017−$13,017
VIII-7 Net gain or loss on sales of assetsRelated to mission $62,741 · Excluded from tax −$32,725$30,016
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $165$165
VIII-12 Total revenueRelated to mission $2,257,216 · Unrelated business $0 · Excluded from tax $156,346$2,413,562
Part IX · Statement of functional expenses $2,688,019 across 13 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $129,242 · Management $24,618$153,860
IX-7 Other salaries and wagesPrograms $1,340,764 · Management $235,512$1,576,276
IX-8 Pension plan contributionsPrograms $81,512 · Management $20,910$102,422
IX-9 Other employee benefitsPrograms $261,342 · Management $29,058$290,400
IX-10 Payroll taxesPrograms $106,936 · Management $19,885$126,821
IX-11c Accounting feesManagement $15,300$15,300
IX-11g Other fees for servicesPrograms $43,355 · Management $1,587$44,942
IX-13 Office expensesPrograms $51,134 · Management $5,585$56,719
IX-16 OccupancyPrograms $159,930 · Management $9,987$169,917
IX-17 TravelPrograms $37,162 · Management $5,031$42,193
IX-22 Depreciation, depletion and amortizationPrograms $547 · Management $6,931$7,478
IX-23 InsurancePrograms $35,085 · Management $12,818$47,903
IX-24 Other expenses (24a–d)Programs $18,081 · Management $35,707$53,788
IX-25 Total functional expensesPrograms $2,265,090 · Management $422,929 · Fundraising $0$2,688,019
Part X · Balance sheet $6,253,576 assets, 14 lines filed
X-2 Savings and temporary cash investmentsStart of year $4,041,468$2,556,123
X-4 Accounts receivableStart of year $166,364$398,358
X-9 Prepaid expenses and deferred chargesStart of year $2,067$11,210
X-10c Land, buildings and equipment, netStart of year $245,995$183,763
X-11 Publicly traded securitiesStart of year $1,506,785$2,685,788
X-15 Other assetsStart of year $69,471$418,334
X-16 Total assetsStart of year $6,032,150$6,253,576
X-17 Accounts payable and accrued expensesStart of year $54,910$68,133
X-19 Deferred revenueStart of year $0$477
X-25 Other liabilitiesStart of year $68,629$418,180
X-26 Total liabilitiesStart of year $123,539$486,790
X-27 Net assets without donor restrictionsStart of year $5,908,611$5,766,786
X-32 Total net assets or fund balancesStart of year $5,908,611$5,766,786
X-33 Total liabilities and net assetsStart of year $6,032,150$6,253,576
Part XI · Reconciliation of net assets $5,766,786 net assets at year end
XI-1 Total revenue$2,413,562
XI-2 Total expenses$2,688,019
XI-3 Revenue less expenses−$274,457
XI-4 Net assets at start of year$5,908,611
XI-5 Net unrealized gains (losses) on investments$132,632
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$5,766,786

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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