Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $4,735,058

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

  total $14,476,990 · related or exempt $14,476,990

• 3 · Investment income

  total $402,672 · excluded $402,672

• 7a · Gross sales of assets other than inventory

  securities $3,404,130 · other assets $4,302

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

  securities $3,670,399 · other assets $2

• 7c · Gain or loss

  securities -$266,269 · other assets $4,300

• 7d · Net gain or loss

  total -$261,969 · excluded -$261,969

• 10a · Gross sales of inventory

  $40,918,992

• 10b · Cost of goods sold

  $32,873,962

• 10c · Net income from sales of inventory

  total $8,045,030 · related or exempt $8,045,030

• 11a · Other revenue: MISCELLANEOUS REVENUE

  total $81,467 · related or exempt $81,467

• 11e · Other revenue, total

  $81,467

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $67,274 · program services $67,274

• 5 · Compensation of officers, directors and key employees

  total $1,977,375 · program services $680,769 · management and general $1,296,606

• 7 · Other salaries and wages

  total $10,987,801 · program services $10,136,783 · management and general $851,018

• 8 · Pension plan contributions

  total $1,069,032 · program services $1,043,676 · management and general $25,356

• 9 · Other employee benefits

  total $632,503 · program services $483,716 · management and general $148,787

• 10 · Payroll taxes

  total $1,297,612 · program services $1,155,248 · management and general $142,364

• 11b · Fees: legal

  total $58,090 · management and general $58,090

• 11c · Fees: accounting

  total $42,000 · management and general $42,000

• 11f · Fees: investment management

  total $67,571 · management and general $67,571

• 11g · Fees: other

  total $106,448 · program services $9,965 · management and general $96,483

• 12 · Advertising and promotion

  total $3,247 · program services $2,199 · management and general $1,048

• 13 · Office expenses

  total $215,743 · program services $156,078 · management and general $59,665

• 14 · Information technology

  total $266,303 · program services $77,598 · management and general $188,705

• 16 · Occupancy

  total $482,346 · program services $384,669 · management and general $97,677

• 17 · Travel

  total $151,553 · program services $104,717 · management and general $46,836

• 19 · Conferences, conventions and meetings

  total $61,596 · program services $8,301 · management and general $53,295

• 20 · Interest

  total $137,072 · program services $144,526 · management and general -$7,454

• 22 · Depreciation, depletion and amortization

  total $507,470 · program services $293,936 · management and general $213,534

• 23 · Insurance

  total $283,692 · program services $175,985 · management and general $107,707

• 24a · Other expenses: COMMISSIONS

  total $924,987 · program services $924,987

• 24b · Other expenses: OPERATING SUPPLIES

  total $792,412 · program services $819,189 · management and general -$26,777

• 24c · Other expenses: VEHICLE AND EQUIPMENT M

  total $262,773 · program services $240,564 · management and general $22,209

• 24d · Other expenses: RECRUITING

  total $33,031 · management and general $33,031

• 24e · All other expenses

  total $19,147 · program services $6,922 · management and general $12,225

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $195,927 · end of year $305,198

• 2 · Savings and temporary cash investments

  beginning of year $98,683 · end of year $5,617,319

• 4 · Accounts receivable

  beginning of year $6,165,711 · end of year $3,369,519

• 8 · Inventories for sale or use

  beginning of year $8,492,539 · end of year $5,459,262

• 9 · Prepaid expenses and deferred charges

  beginning of year $1,175,862 · end of year $1,035,264

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

  $5,728,763

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

  $4,571,938

• 10c · Land, buildings and equipment, net

  beginning of year $1,344,955 · end of year $1,156,825

• 11 · Investments: publicly traded securities

  beginning of year $11,248,778 · end of year $12,708,150

• 12 · Investments: other securities

  beginning of year $10,000

• 15 · Other assets

  beginning of year $648,291 · end of year $908,872

• 17 · Accounts payable and accrued expenses

  beginning of year $6,041,579 · end of year $3,187,664

• 19 · Deferred revenue

  beginning of year $336,357 · end of year $567,780

• 23 · Secured mortgages and notes payable

  beginning of year $4,479,698 · end of year $135,740

• 25 · Other liabilities

  beginning of year $688,043 · end of year $389,901

• 27 · Net assets without donor restrictions

  beginning of year $17,835,069 · end of year $26,279,324

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.