Springfield Workshop Foundation Inc
- Assets
- $8.3m
- Revenue
- $510.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Springfield, MO
- Founding
- 01/2010
- Data as of
- 06/2024
- EIN
- 26-4456587
Organization Overview
Springfield Workshop Foundation Inc is located in Springfield, MO. The organization was established in 2010. According to its NTEE Classification (J11) the organization is classified as: Single Organization Support, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Springfield Workshop Foundation 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 06/2024, Springfield Workshop Foundation Inc generated $510.4k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $764.7k during the year ending 06/2024. While expenses have increased by 10.9% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION IS A SUPPORTING ORGANIZATION TO PROMOTE RESOURCE DEVELOPMENT FOR SWI INDUSTRIAL SOLUTIONS, INC TO PROVIDE MEANINGFUL EMPLOYMENT TO INDIVIDUALS WITH DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTING RESOURCE DEVELOPMENT AND ADMINISTERING AND DISTRIBUTING GIFTS FOR THE BENEFIT OF SWI INDUSTRIAL SOLUTIONS, INC.
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 |
|---|---|---|---|
Dave Dunn General Manager | Officer | 10 | $19,000 |
Valerie Gustin Executive Dir. | Officer | 40 | $37,400 |
Steve Grant President | OfficerTrustee | 0.5 | $0 |
Jana Wolfe Vice President | OfficerTrustee | 0.5 | $0 |
Bruce Porter Treasurer | OfficerTrustee | 0.5 | $0 |
Tim Midyett Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $70,921 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $11,845 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $82,766 |
| Total Program Service Revenue | $360,000 |
| Investment income | $99,963 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$75,232 |
| Net Income from Fundraising Events | $42,945 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $510,442 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $274,000 |
| 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. | $56,400 |
| Compensation of current officers, directors, key employees. | $28,200 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,163 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $10,000 |
| Office expenses | $3,209 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $449 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $14,259 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $108,388 |
| Insurance | $0 |
| All other expenses | $50,745 |
| Total functional expenses | $764,698 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $70,334 |
| Savings and temporary cash investments | $656,160 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $3,560,137 |
| Investments—publicly traded securities | $3,598,748 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $437,398 |
| Total assets | $8,322,777 |
| Accounts payable and accrued expenses | $802 |
| 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 | $274,456 |
| Total liabilities | $275,258 |
| Net assets without donor restrictions | $8,047,519 |
| 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 | $8,322,777 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fight Back Fund Countryside, IL | $1,012,970 | $5,337,945 |
Rise Academy Omaha, NE | $4,309,625 | $3,715,669 |
Associated Builders & Contractors Of Iowa Trust Grimes, IA | $7,116,168 | $2,555,297 |
Construction Industry Laborers Training Fund Belton, MO | $4,535,777 | $1,711,667 |
Union Parking Llc Chicago, IL | $35,962,187 | -$2,239,511 |
Springfield Workshop Foundation Inc Springfield, MO | $8,322,777 | $510,442 |
Goodwill Ky Support Corporation Louisville, KY | $44,554,916 | $379,921 |
International Brotherhood Of Boilermakers Local No 83 Kansas City, MO | $401,204 | $494,424 |
Valvoline Instant Oil Change Hands On Assistance Fund Inc Lexington, KY | $136,648 | $0 |
New Day Employment Network Nfp Joliet, IL | $15,136 | $0 |
Make People Better Foundation Lincolnwood, IL | $183 | $0 |
Christopher A Pugh Ii Center Cordova, TN | $0 | $42,822 |
Mothers Need Work Temp Service Chicago, IL | $41,588 | $101 |