Limitless Disability Services INC EIN 87-1184542 Form 990 (PDF) Claim this org

Limitless Disability Services INC

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Provides adults with special needs a day program for independence and growth. For fiscal year 2024 it reported $517K in revenue, $457K in expenses, and $134K in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
Woodstock, GA
Website
limitlessdisabilityservices.com
Filings
3 on file (2022–2024)
Revenue
$517KFY2024
Expenses
$457K
Net assets
$134K
People
6
Filings
3
Updates
0
More identity details & actions ⌄
EIN  87-1184542 Public charity (501(c)(3)) Woodstock, GA
Form 990 (PDF)
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Size
$100K–1M
What they do
Provides adults with special needs a day program for independence and growth.
Leadership
Paige Reid · Executive Director · $56K
Money in and out
$517K revenue, $457K expenses
Bottom line
89% program efficiency
Where the money goes · FY2024
Total revenue
$517K
Pt VIII · Ln 12
Total expenses
$457K
Pt IX · Ln 25
Net assets
$134K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $59K
Where spending went · Part IX cols B–D
Program services $0.89 Management & general $0.10 Fundraising $0.02
Program efficiency
89%
of spending reaches programs▲ +4% vs prior filing year
Operating runway
3.5mo
months of highly liquid reserves at operating expense rate▲ +67% vs prior filing year
Surplus margin
+11%
revenue over expenses, this year▼ -48% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$517K
FY2024▲ +14%
Expenses
$457K
FY2024▲ +30%
Total assets
$134K
FY2024▲ +79%
Total liabilities
$0
FY2024
Total revenue
$517K
Pt VIII · Ln 12
Total expenses
$457K
Pt IX · Ln 25
Net assets
$134K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$59K
Total assetsPt X · Ln 16$134K
Program-expense ratioPt IX · col B89%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CLimitless Disability Services INC
EINHdr · item D87-1184542
Principal addressHdr · item CWoodstock, GA
Year of formationHdr · item Lpending
State of legal domicileHdr · item MGA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P82)
Ruling yearIRS BMFFeb 2022

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$55,517Pt VII · Sec A
President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Paige Reid’s $56K as Executive Director is at the 45th percentile of top reported officer pay among 2165 $100K–1M 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.

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

NameFY2024FY2023FY2022
Paige Reid$55,517$40,848
Paige E Reid$30,616

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.

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Mission & Programs · Part III

Where the work happens

1 program service account for $405K of program spending, described in the organization's own filed words · FY2024.
01

The day program has implemented programs and lesson plans to foster growth and independence for individuals with special needs. Our coordinators and direct support professionals teach and implement these programs designed to help each individual.

$405Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$407K · 79%
Contributions & grants$106K · 21%
Investment income$3K · 1%
Program service revenue79%$407K
Contributions & grants21%$106K
Investment income1%$3K
Total revenueLn 12$517K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.89 Management & general $0.10 Fundraising $0.02
Program services89%$405K
Management & general10%$45K
Fundraising2%$7K
Total functional expensesLn 25$457K

Balance Sheet

Part X · end of year
CashLn 1$134K
Total assetsLn 16$134K
Total liabilitiesLn 26$0
Total net assetsLn 32$134K
Months of cash on handcomputed3.5

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $134K · Operating expenses/yr $457K
3.5 months
Where the money goes
Program services
Program services $405K · Total expenses $457K
89%
Management & General
Management & general $45K · Total expenses $457K
10%
Fundraising
Fundraising $7K · Total expenses $457K
2%
Cost to raise $1
Fundraising expense (3-yr avg) $14K · Solicited contributions (3-yr avg) $105K
$0.14 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $106K · Total revenue $517K
21%
Government reliance
Government grants — · Total revenue $517K
Earned-income share
Program service revenue $407K · Total revenue $517K
79%
Investment reliance
Investment income $3K · Total revenue $517K
+0.6%
Program self-sufficiency
Program service revenue $407K · Total expenses $457K
89%
Growth & trend
Revenue growth (YoY)
This year $517K · Prior year $452K
+14%
Net-asset trend (YoY)
End of year $134K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $517K · Expenses $457K
+11%
Liabilities-to-Assets
Total liabilities — · Total assets $134K
Net-asset ratio
Net assets $134K · Total assets $134K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $134K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Paige Reid · Reported title Executive Director · Highest reported compensation $56K · Total expenses $457K
12%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $299K · Total expenses $457K
65%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 89%
Overhead ratio 10%
Fundraising cost ratio 7%
Revenue growth 14%
Accounting fee ratio 1%
Fundraising fee ratio 0.9%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$62K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$517K revenue · viewing · ⤓ 990 PDF
FY2023$452K revenue · ⤓ 990 PDF
FY2022$243K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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