Murray Ridge Production Center Inc
- Assets
- $2.7m
- Revenue
- $1.1m
- Investments
- $2.2m
- Employees
- 505
- Location
- Elyria, OH
- Founding
- 07/1970
- Data as of
- 06/2022
- EIN
- 23-7072128
Organization Overview
Murray Ridge Production Center Inc is located in Elyria, OH. The organization was established in 1970. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2022, Murray Ridge Production Center Inc employed 505 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Murray Ridge Production Center Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Murray Ridge Production Center Inc generated $1.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.8%) each year. All expenses for the organization totaled $1.2m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (5.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MURRAY RIDGE PRODUCTION CENTER IS AN ADULT WORKSHOP FOR THE PHYSICALLY DISABLED
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADULT WORKSHOP FOR APPROXIMATELY 650 INDIVIDUALS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Phil Tollett Chairman | OfficerTrustee | 2 | $0 |
Greg Butchko Secretary | OfficerTrustee | 2 | $0 |
Rebecca Cornman Member | Trustee | 2 | $0 |
Gerry Findlan Member | Trustee | 2 | $0 |
Marilyn Jares Member | Trustee | 2 | $0 |
Matt Dailey Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,275,935 |
| Investment income | -$217,550 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,058,385 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $629,961 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $58,312 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,730 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $9,021 |
| Information technology | $26,547 |
| Royalties | $0 |
| Occupancy | $50,333 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,864 |
| Insurance | $8,729 |
| All other expenses | $58,109 |
| Total functional expenses | $1,189,727 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $59,716 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $369,591 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $7,741 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $2,233,972 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,000 |
| Total assets | $2,672,020 |
| Accounts payable and accrued expenses | $35,980 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $35,980 |
| Net assets without donor restrictions | $2,636,040 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,672,020 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Strada Collaborative Inc Indianapolis, IN | $87,757,237 | $36,146,755 |
Connected Nation Inc Bowling Green, KY | $5,021,239 | $16,572,653 |
Lindley Academy Charter School At Birney Philadelphia, PA | $8,724,796 | $15,521,412 |
National Association Of State Procurement Officials Lexington, KY | $137,920,901 | $31,374,950 |
Accelerate Great Schools Cincinnati, OH | $48,959,993 | $4,700,984 |
Tech Impact Philadelphia, PA | $10,895,345 | $15,289,025 |
Institute For Quality Education Inc Indianapolis, IN | $12,107,092 | $12,010,135 |
Chippewa Luce Macinac Comm Action Human Resource Auth Inc Sault Ste Marie, MI | $6,136,968 | $10,393,284 |
Kappa Kappa Gamma Foundation Dublin, OH | $48,213,422 | $9,077,849 |
Lehigh Valley Charter High School For The Arts Bethlehem, PA | $5,854,757 | $11,587,241 |
Bowling Green Warren County Primary Care Center Inc Bowling Green, KY | $15,935,520 | $7,530,325 |
Horizon Science Academy Of Lorain Lorain, OH | $7,416,204 | $11,463,711 |