Paraquad Inc
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Paraquad Inc meets the 20 Standards for Charity Accountability.
Stated Purpose:
"Paraquad champions equity and independence for people with disabilities through services, partnerships, education and advocacy."
Year, State Incorporated:
1970, MO
Founded
in 1970, Paraquad transforms systems and empowers individuals with disabilities to live and work independently. We offer more than 20 program areas to
serve people of all ages and with all types of disabilities.
· Advocate for legislative reform at the local, state, and national levels to remove barriers to full inclusion and economic self-sufficiency for people with disabilities.
· Empower individuals to pursue their personal goals for independence through innovative programs.
· Educate the community and positively transform attitudes regarding people with disabilities.
Serving the St. Louis metropolitan area, Paraquad’s legislative advocacy and programs make us one of the most influential and innovative organizations in the Midwest in the effort to end inequality and discrimination for people with disabilities. Paraquad also features the newly named and renovated Stephen A. Orthwein Center (formerly the Paraquad Health and Wellness Center), a specialty fitness center with a variety of services to support one’s comprehensive exercise needs. Whether one is leaving a rehabilitation center or working on fitness, our staff of experienced Adaptive Exercise Specialists can help. We work with people with disabilities and older adults to achieve a variety of cardiovascular, strength, and mobility goals. We feature unique exercise equipment, including a body-weight support treadmill and a functional electrical stimulation cycle, as well as adapted cardiovascular and strength training equipment.
For the year ended September 30, 2023, Paraquad Inc's program expenses were:
| Programs | $10,031,065 |
| Total Program Expenses | $10,031,065 |
Chief Executive
Jerry Ehrlich, President/CEO
Chair of the Board
Eric Willis
Chair's Profession / Business Affiliation
Charter Communications
Board Size
20
Paid Staff Size
74
Method(s) Used:
Direct mail appeals, Invitations to fund raising events, Print advertisements (newspapers, magazines, etc.), Grant proposals, Internet, Planned giving arrangements, Appeals via Social Media (Facebook, etc.)
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Paraquad Inc's audited financial statements - consolidated for the year ended September 30, 2023.
Source of Funds
| Program Service Fees | $8,430,460 |
| Contributions | $1,478,679 |
| Federal Grants | $803,308 |
| Other Grants | $761,300 |
| Rental Income | $747,677 |
| Investment Income | $488,750 |
| State Grants | $262,696 |
| Special Events | $199,845 |
| United Way | $159,110 |
| Miscellaneous Income | $4,202 |
| Impairment Loss on Assets Held for Sale | $-458,424 |
| Total Income | $12,877,603 |
Programs: 77% Fundraising: 5% Administrative: 11%
| Total Income | $12,877,603 |
| Total expenses: | $13,101,260 |
| Program expenses | $10,031,065 |
| Fundraising expenses | $615,068 |
| Administrative expenses | $1,437,548 |
| Other expenses | $1,017,579 |
| Income in Excess of Expenses | $-223,657 |
| Beginning Net Assets | $11,575,912 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $11,352,255 |
| Total Liabilities | $27,267,418 |
| Total Assets | $38,629,673 |
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
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Meets Standards
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Standards Not Met
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Did Not Disclose
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Review in Progress
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Unable to Verify
Report completed by:
BBB of Eastern & Southwest Missouri & Southern Illinois