Civic Intelligence

Midland Adult Services Inc.

EIN 22-3362433 • 501(c)3 • North Branch, NJ

Pub. 78 EligibleNTEE P80

Profile

Midland Adult Services focuses on the transition from school to adult life by providing residential living, community and life skills training, job training and placement, day and social/recreational experiences to support and enrich the lives of adults with intellectual and developmental disabilities.Midland Adult Services provides both employment and employment training to adults with intellectual and developmental disabilities. Midland Adult Services provides highly innovative employment training with the goal of facilitating competitive employment or the highest degree of independence for all individuals served and supported through the work center.Our organization is committed to addressing the dire need for additional employment and training programs and, as such, plans to expand to meet the waiting list for these types of services and supports.Midland Adult Services also operates community residential group homes and plans to expand the residential program to include other varie

PO Box 5026 Readington RoadNorth Branch, NJ 08876

www.midlandschool.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

72nd percentile

0.51x

Higher debt load relative to assets than 72% of similar nonprofits.

NTEE P • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

59th percentile

0.34x

Higher debt load relative to revenue than 59% of similar nonprofits.

NTEE P • $10M-$25M nonprofits • Source year 2024

Net Margin

23rd percentile

-3.7%

Higher net margin than 23% of similar nonprofits.

NTEE P • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

70th percentile

$264,734

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 2.3% of source-year revenue.

NTEE P • $10M-$25M nonprofits • Source year 2024

Asset Growth

66th percentile

10%

Faster asset growth than 66% of similar nonprofits.

NTEE P • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

71st percentile

15%

Faster revenue growth than 71% of similar nonprofits.

NTEE P • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Up

$7,588,624

Up $697,938 (+10%) from 2023

Liabilities

Up

$3,848,652

Up $1,044,653 (+37%) from 2023

Net Assets

Down

$3,739,972

Down $346,715 (-8.5%) from 2023

Revenue

Up

$11,323,234

Up $1,494,724 (+15%) from 2023

Expenses

Up

$11,739,799

Up $1,139,025 (+11%) from 2023

Net Income

Up

-$416,565

Up $355,699 (+46%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $3,145,428Liabilities 2011: $919,282Net Assets 2011: $2,226,1462011Assets 2012: $3,396,636Liabilities 2012: $1,034,809Net Assets 2012: $2,361,8272012Assets 2013: $3,643,280Liabilities 2013: $1,456,253Net Assets 2013: $2,187,0272013Assets 2014: $3,490,813Liabilities 2014: $1,379,303Net Assets 2014: $2,111,5102014Assets 2015: $3,569,468Liabilities 2015: $1,368,884Net Assets 2015: $2,200,5842015Assets 2016: $3,258,348Liabilities 2016: $1,345,417Net Assets 2016: $1,912,9312016Assets 2017: $4,122,797Liabilities 2017: $2,236,943Net Assets 2017: $1,885,8542017Assets 2018: $4,071,936Liabilities 2018: $2,629,165Net Assets 2018: $1,442,7712018Assets 2019: $5,074,079Liabilities 2019: $2,081,871Net Assets 2019: $2,992,2082019Assets 2020: $5,517,279Liabilities 2020: $2,485,492Net Assets 2020: $3,031,7872020Assets 2021: $7,017,799Liabilities 2021: $2,775,271Net Assets 2021: $4,242,5282021Assets 2022: $7,249,049Liabilities 2022: $2,390,098Net Assets 2022: $4,858,9512022Assets 2023: $6,890,686Liabilities 2023: $2,803,999Net Assets 2023: $4,086,6872023Assets 2024: $7,588,624Liabilities 2024: $3,848,652Net Assets 2024: $3,739,9722024

Highlighted filing

2024

Assets$7,588,624
Liabilities$3,848,652
Net Assets$3,739,972

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2011: $3,149,4992011Expenses 2012: $3,362,2852012Expenses 2013: $3,514,6232013Revenue 2014: $3,966,602Expenses 2014: $4,032,948Net Income 2014: -$66,3462014Revenue 2015: $4,247,306Expenses 2015: $4,158,232Net Income 2015: $89,0742015Revenue 2016: $4,264,442Expenses 2016: $4,501,865Net Income 2016: -$237,4232016Revenue 2017: $4,978,745Expenses 2017: $4,990,797Net Income 2017: -$12,0522017Revenue 2018: $5,142,138Expenses 2018: $5,585,221Net Income 2018: -$443,0832018Revenue 2019: $7,789,214Expenses 2019: $6,238,918Net Income 2019: $1,550,2962019Revenue 2020: $7,381,400Expenses 2020: $7,341,821Net Income 2020: $39,5792020Revenue 2021: $9,594,188Expenses 2021: $8,285,672Net Income 2021: $1,308,5162021Revenue 2022: $9,830,298Expenses 2022: $9,208,412Net Income 2022: $621,8862022Revenue 2023: $9,828,510Expenses 2023: $10,600,774Net Income 2023: -$772,2642023Revenue 2024: $11,323,234Expenses 2024: $11,739,799Net Income 2024: -$416,5652024

Highlighted filing

2024

Revenue$11,323,234
Expenses$11,739,799
Net Income-$416,565

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.59$3.85$3.74$11.3$11.7$0.42
2023Detailed filing. Detailed filing data is available for this year.$6.89$2.80$4.09$9.83$10.6$0.77
2022Detailed filing. Detailed filing data is available for this year.$7.25$2.39$4.86$9.83$9.21$0.62
2021Detailed filing. Detailed filing data is available for this year.$7.02$2.78$4.24$9.59$8.29$1.31
2020Detailed filing. Detailed filing data is available for this year.$5.52$2.49$3.03$7.38$7.34$0.04
2019Detailed filing. Detailed filing data is available for this year.$5.07$2.08$2.99$7.79$6.24$1.55
2018Detailed filing. Detailed filing data is available for this year.$4.07$2.63$1.44$5.14$5.59$0.44
2017Detailed filing. Detailed filing data is available for this year.$4.12$2.24$1.89$4.98$4.99$0.01
2016Detailed filing. Detailed filing data is available for this year.$3.26$1.35$1.91$4.26$4.50$0.24
2015Detailed filing. Detailed filing data is available for this year.$3.57$1.37$2.20$4.25$4.16$0.09
2014Detailed filing. Detailed filing data is available for this year.$3.49$1.38$2.11$3.97$4.03$0.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.64$1.46$2.19$3.51
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.40$1.03$2.36$3.36
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.15$0.92$2.23$3.15
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 14, 2025
Return Version
2023v6.0
Gross Receipts
$11,323,234
Mission and Program Overview

Mission

Midland Adult Services focuses on the transition from school to adult life by providing residential living, community and life skills training, job training and placement, day and social/recreational experiences to support and enrich the lives of adults with intellectual and developmental disabilities.Midland Adult Services provides both employment and employment training to adults with intellectual and developmental disabilities. Midland Adult Services provides highly innovative employment training with the goal of facilitating competitive employment or the highest degree of independence for all individuals served and supported through the work center.Our organization is committed to addressing the dire need for additional employment and training programs and, as such, plans to expand to meet the waiting list for these types of services and supports.Midland Adult Services also operates community residential group homes and plans to expand the residential program to include other varie

Midland adult services focuses on the transition from school to adult life by providing residential housing, community and life skills training, job training and placement, day and social/recreational experiences to support and enrich the lives of adults with disabilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,726,072$3,740,729▲ $14,657
Cash and Non-Interest-Bearing Accounts$1,869,667$2,724,008▲ $854,341
Accounts Receivable$1,241,762$996,993▼ $244,769
Prepaid Expenses and Deferred Charges$41,757$86,950▲ $45,193
Pledges and Grants Receivable$5,948$32,951▲ $27,003
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$6,890,686$7,588,624▲ $697,938
Other Assets Total$5,480$6,993▲ $1,513
Liabilities
Other Liabilities$1,588,276$2,766,800▲ $1,178,524
Mortgage Notes Payable Secured by Investment Property$953,667$851,422▼ $102,245
Accounts Payable and Accrued Expenses$245,206$210,015▼ $35,191
Deferred Revenue$16,850$20,415▲ $3,565
Total Liabilities$2,803,999$3,848,652▲ $1,044,653
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,889,177$1,889,177→ $0
Net Assets Without Donor Restrictions$2,197,510$1,850,795▼ $346,715
Total Net Assets Fund Balance$4,086,687$3,739,972▼ $346,715
Total Liabilities and Net Assets / Fund Balance$6,890,686$7,588,624▲ $697,938

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,241,722$2,067,823$4,309,545
Land$1,202,141-$1,202,141
Equipment$243,707$902,875$1,146,582
Other Land Buildings$53,159$168,630$221,789
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
William LiberatoreDirect Employ ServFT$101,104$43,307$144,411
Stacey CarrSecretaryPT-$86,920$86,920

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,166,285
Program Service Revenue
$10,092,605
Investment Income
$64,344
Other Revenue
$0
Change in Net Assets
$-416,565

Audited Revenue Reconciliation

Revenue per Audited Statements
$11,323,234
Revenue Not Reported on Form 990
$69,850
Total Revenue per Audited Statements
$11,393,084
Total Revenue per Form 990
$11,323,234
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$9,838,012
Other Expenses$1,901,787
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$6,960,000$848,066-$7,808,066
Other Employee Benefits$1,118,691$122,073-$1,240,764
Occupancy$834,494$21,706-$856,200
Payroll Taxes$555,934$68,711-$624,645
Depreciation Depletion$236,543$18,066-$254,609
Pension Plan Contributions$148,083$16,454-$164,537
Fees for Services Other$106,812$51,124-$157,936
Office Expenses$94,177$36,171-$130,348
Insurance$60,027$10,485-$70,512
Other Expenses$40,943$22,668-$40,943
Interest$40,922--$40,922
Advertising$12,958--$12,958
Travel$9,906$1,729-$11,635
Conferences and Meetings$2,563$7,099-$9,662
Total Functional Expenses$10,486,927$1,252,872$0$11,739,799

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$11,739,799
Total Expenses per Audited Statements$11,739,799
Total Expenses per Form 990$11,739,799
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Related Parties$2,766,800
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The midland corporation, a 501(c)(3), pursuant to a provision of the organizations governing documents, has the right to participate in the organizations governance.

Form 990, Part VI, Section A, Line 7A

MIDLAND CORPORATION, A 501(C)(3), HAS THE POWER TO:(A) APPROVE THE APPOINTMENT OF AND HAVE THE OPTION TO REMOVE ANY OF THE TRUSTEES OF THE SUPPORTED CORPORATIONS.(B) APPROVE ALL AMENDMENTS, REVISIONS AND RESTATEMENTS TO THE CERTIFICATE OF INCORPORATION AND BY-LAWS OF SUPPORTED CORPORATIONS BEFORE THEY MAY BECOME EFFECTIVE.(C) APPROVE ALL DEBT INSTRUMENTS OF THE SUPPORTED CORPORATIONS.(d) Approve and monitor the Supported Corporations operating and capital budgets.(e) Approve any transaction, other than in the ordinary and regular course of business, providing for the sale, transfer, mortgage or other disposition or encumbrance of any assets of the Supported Corporations having an aggregate value in excess of Fifty Thousand Dollars ($50,000) in any fiscal year.(f) Approve and monitor the implementation of the strategic and tactical plans for the Supported Corporations.(g) Approve all actions of the Supported Corporations not reflected in each of the Corporations annual capital or operating budgets which may exceed the monetary limits established by the Corporation for such actions, including but not limited to any sale, lease, purchase or other acquisition, alienation or disposition of any property, property rights or privileges; any loan by or to the Supported Corporations, whether made through the issuance of negotiable instruments or otherwise; and any release or cancellation of a claim or right of action against either party.(h) Authorize any change in the character or basic nature of the operations of the Supported Corporations.(i) Approve the auditor and corporate counsel for the Supported Corporations.(j) Approve the adoption of any plan of merger or consolidation of the Supported Corporations with another corporation.(k) Approve the adoption of a plan of dissolution of the Supported Corporations.

Form 990, Part VI, Section A, Line 7B

Described in part vi, section a, question 7a.

Form 990, Part VI, Section B, Line 11B

The board receives a copy of the 990 and at least one officer reviews the 990 before it is filed.

Form 990, Part VI, Section B, Line 12C

The board reviews member disclosures annually and relies on the ceo to advise of interim conflicts.

Form 990, Part VI, Section B, Line 15A

Compensation is reviewed and approved annnually by the finance committee as part of the budget process.

Form 990, Part VI, Section B, Line 15B

Compensation is reviewed and approved annnually by the finance committee as part of the budget process.

Form 990, Part VI, Section C, Line 19

Governing documents, policies and financial statements are made available upon request.

Filing and Contact Details

Filer

Filer Name
Midland Adult Services Inc
EIN
22-3362433
Phone
9087228223
Address
PO BOX 5026 READINGTON ROAD, NORTH BRANCH, NJ 08876

Signing Officer

Name
Shawn Mcinerney
Title
President / CEO
Signed
2025-04-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Shawn Mcinerney
Formed
2000
Legal Domicile
Nj
Voting Board Members
16
Independent Board Members
15
Employees
258
Volunteers
50

Preparer

Firm
Cullari Carrico LLC
Address
55 LANE ROAD SUITE 300, FAIRFIELD, NJ 07004
Preparer
Robert J Valas
Phone
9734063955
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Loan forgiveness = $69850

Financial Statement Notes

Part X : FIN48 Footnote

The organization adheres to FASB ASC Topic 740, Income Taxes, which provides guidance and clarification on accounting for uncertainty in income taxes recognized in the organization's finanical statements. The guidance prescribes a recognition threshold and measurement attribute for the financial statements recognition and measurement of a tax position taken or expected to be taken in a tax return, and also provides guidance on de-recognition, classification, interest and penalties, disclosure and transition. For the year ended June 30, 2024, the organization has no material uncertain tax positions to be accounted for in the financial statements.

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

LOAN FORGIVENESS $69850

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/MissionDesc0It is the mission of Midland Adults Services to render residential, employment, job training, day habilitation, social and recreational services to adults with intellectual and developmental disabilities (I/DD). Midland is committed to the principles of self-direction and choice. In conjunction with the individual, their family, and other key stakeholders, Midland develops and implements a service plan that encompasses all major components of Residential, Employment, and full participation.Midland Residential operates community-based group homes and apartments. Nearly all of Midlands residential programs are licensed under N.J.A.C.10:44A, however our organization also operates unlicensed apartments funded through the Division of Developmental Disabilities Supports Waiver. Midland has plans to expand the program to include other varied housing options and as part of our five-year housing plan, it is anticipated that Midland will be expanding both licensed and unlicensed apartments along
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IRS990/ProgSrvcAccomActy2Grp/Desc0Employment Services provides supervised job training and employment to adults with intellectual and developmental disabilities by working actively with employers to find appropriate jobs that match each individual's skills. Day Habilitation provides an alternative to employment through offerings of meaningful community integration, personal development, social and leisure activities.
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