Relief Enterprise Of Texas Inc is located in Austin, TX. The organization was established in 2004. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. As of 12/2021, Relief Enterprise Of Texas Inc employed 336 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Relief Enterprise Of Texas 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 12/2021, Relief Enterprise Of Texas Inc generated $5.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.2% each year . All expenses for the organization totaled $4.7m during the year ending 12/2021. While expenses have increased by 20.3% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
REHABILITATION OF DISABLED INDIVIDUALS BY PROVIDING TRAINING AND EMPLOYMENT OPPORTUNITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACHIEVE THE HIGHEST LEVEL OF SOCIAL INTEGRATION ANDPERSONAL GROWTH FOR THE DISABLED AND DISADVANTAGEDTHROUGH EVALUATION, SKILLS TRAINING AND EMPLOYMENT
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Curtis Mccormick Board Member | Officer | 5 | $0 |
Tom Hanna Board Member | Officer | 5 | $0 |
Joe Bryant Board Member | Officer | 5 | $0 |
Calvin Williams Board Member | Officer | 20 | $0 |
Clarence Williams Board Member | Officer | 20 | $0 |
John Griffin Board Member | Officer | 5 | $0 |
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 | $4,947,647 |
Investment income | $120 |
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 | $4,965,380 |
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 | $2,727,066 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $23,768 |
Payroll taxes | $208,620 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $72,306 |
Advertising and promotion | $300 |
Office expenses | $22,679 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $240,235 |
Travel | $1,855 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $23,871 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $12,205 |
Insurance | -$1,730 |
All other expenses | $1,379,081 |
Total functional expenses | $4,710,256 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $450,688 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $557,420 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $169,430 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $105,404 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,282,942 |
Accounts payable and accrued expenses | $157,690 |
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 | $186,123 |
Other liabilities | $405,592 |
Total liabilities | $749,405 |
Net assets without donor restrictions | $533,537 |
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 | $1,282,942 |
Organization Name | Assets | Revenue |
---|---|---|
Heart Of Texas Workforce Development Board Inc Waco, TX | $2,034,664 | $17,688,488 |
North East Texas Workforce Development Board Inc Wake Village, TX | $1,257,688 | $15,473,387 |
Ser-Jobs For Progress Of The Texas Gulf Coast Inc Houston, TX | $10,211,758 | $9,239,776 |
Career And Recovery Resources Inc Houston, TX | $5,635,776 | $6,972,805 |
Southern Workforce Board Incorporated Durant, OK | $1,369,194 | $5,313,142 |
Relief Enterprise Of Texas Inc Austin, TX | $1,282,942 | $4,965,380 |
Northern Area Local Workforce Development Board Santa Fe, NM | $314,154 | $4,682,823 |
Workforce Development Board Sda-83 Inc Monroe, LA | $677,025 | $2,980,053 |
New Workforce Directions Inc Tulsa, OK | $4,728,857 | $5,015,339 |
Boys & Girls Clubs Of South Central Texas San Marcos, TX | $429,508 | $2,779,038 |
The Workfaith Connection Houston, TX | $2,596,735 | $3,535,273 |
Workforce Development Board Of Eastern Arkansas Inc West Memphis, AR | $117,292 | $1,825,228 |