Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: FACILITIES MANAGEMENT AND ENVIRON

  total $14,758,170 · related or exempt $14,758,170

• 3 · Investment income

  total $391,533 · excluded $391,533

• 7a · Gross sales of assets other than inventory

  securities $3,330,149 · other assets $8,160

• 7b · Less cost or other basis and sales expenses

  securities $3,403,322 · other assets $7,660

• 7c · Gain or loss

  securities -$73,173 · other assets $500

• 7d · Net gain or loss

  total -$72,673 · excluded -$72,673

• 10a · Gross sales of inventory

  $53,739,001

• 10b · Cost of goods sold

  $44,428,991

• 10c · Net income from sales of inventory

  total $9,310,010 · related or exempt $9,310,010

• 11a · Other revenue: MISCELLANEOUS REVENUE

  total $107,025 · related or exempt $107,025

• 11e · Other revenue, total

  $107,025

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $114,207 · program services $114,207

• 5 · Compensation of officers, directors and key employees

  total $2,227,821 · program services $912,353 · management and general $1,315,468

• 7 · Other salaries and wages

  total $11,834,908 · program services $10,297,290 · management and general $1,537,618

• 8 · Pension plan contributions

  total $1,143,336 · program services $1,113,786 · management and general $29,550

• 9 · Other employee benefits

  total $854,763 · program services $595,826 · management and general $258,937

• 10 · Payroll taxes

  total $1,595,309 · program services $1,303,610 · management and general $291,699

• 11b · Fees: legal

  total $80,042 · management and general $80,042

• 11c · Fees: accounting

  total $54,000 · management and general $54,000

• 11g · Fees: other

  total $143,465 · program services $15,872 · management and general $127,593

• 12 · Advertising and promotion

  total $20,268 · program services $2,363 · management and general $17,905

• 13 · Office expenses

  total $200,433 · program services $134,387 · management and general $66,046

• 14 · Information technology

  total $263,441 · program services $76,231 · management and general $187,210

• 16 · Occupancy

  total $509,112 · program services $389,947 · management and general $119,165

• 17 · Travel

  total $177,787 · program services $121,490 · management and general $56,297

• 19 · Conferences, conventions and meetings

  total $38,824 · program services $12,765 · management and general $26,059

• 20 · Interest

  total $137,883 · program services $119,367 · management and general $18,516

• 22 · Depreciation, depletion and amortization

  total $432,106 · program services $277,123 · management and general $154,983

• 23 · Insurance

  total $291,486 · program services $142,500 · management and general $148,986

• 24a · Other expenses: COMMISSIONS

  total $1,438,693 · program services $1,438,693

• 24b · Other expenses: OPERATING SUPPLIES

  total $915,132 · program services $858,904 · management and general $56,228

• 24c · Other expenses: VEHICLE AND EQUIPMENT M

  total $297,344 · program services $248,504 · management and general $48,840

• 24d · Other expenses: RECRUITING

  total $90,981 · management and general $90,981

• 24e · All other expenses

  total $10,891 · program services $2,327 · management and general $8,564

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $305,198 · end of year $509,559

• 2 · Savings and temporary cash investments

  beginning of year $5,617,319 · end of year $196,035

• 4 · Accounts receivable

  beginning of year $3,369,519 · end of year $6,805,756

• 8 · Inventories for sale or use

  beginning of year $5,459,262 · end of year $24,979,458

• 9 · Prepaid expenses and deferred charges

  beginning of year $1,035,264 · end of year $639,187

• 10a · Land, buildings and equipment: cost or other basis

  $3,306,451

• 10b · Land, buildings and equipment: accumulated depreciation

  $2,412,633

• 10c · Land, buildings and equipment, net

  beginning of year $1,156,825 · end of year $893,818

• 11 · Investments: publicly traded securities

  beginning of year $12,708,150 · end of year $14,259,661

• 15 · Other assets

  beginning of year $908,872 · end of year $7,769,219

• 17 · Accounts payable and accrued expenses

  beginning of year $3,187,664 · end of year $16,603,468

• 19 · Deferred revenue

  beginning of year $567,780 · end of year $599,617

• 23 · Secured mortgages and notes payable

  beginning of year $135,740 · end of year $9,424,594

• 25 · Other liabilities

  beginning of year $389,901 · end of year $111,237

• 27 · Net assets without donor restrictions

  beginning of year $26,279,324 · end of year $29,313,777

The filer's explanations (Part III)

PART I, LINE 6

THE MISSION INCENTIVE PLAN IS BASED ON FINANCIAL PERFORMANCE THAT STRENGTHENS THE STATUS OF THE ORGANIZATION AND ADVANCING THE MISSION BY CREATING ADDITIONAL EMPLOYMENT OPPORTUNITIES FOR PEOPLE WITH DISABILITIES.