Wasco Inc
- Assets
- $1.7m
- Revenue
- $3.6m
- Investments
- $0.0
- Employees
- 165
- Location
- Marietta, OH
- Founding
- 12/1971
- Data as of
- 08/2021
- EIN
- 31-0804746
Organization Overview
Wasco Inc is located in Marietta, OH. The organization was established in 1971. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 08/2021, Wasco Inc employed 165 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wasco 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 08/2021, Wasco Inc generated $3.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $3.3m during the year ending 08/2021. While expenses have increased by 8.4% per year over the past 6 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
TO STRIVE TO FIND & MAINTAIN MEANINGFUL & PRODUCTIVE EMPLOYMENT OPPORTUNITIES FOR MENTALLY & DEVELOPENTALLY DISABLED INDIVIDUALS IN SEARCH OF EMPLOYMENT BY MAINTAINING THE BELIEF THAT SOUND BUSINESS PRACTICES
Describe the Organization's Program Activity:
Part 3 - Line 4a
WASCO PROVIDES EMPLOYMENT AND JOB TRAINING TO MENTALLY/PHYSICALLY HANDICAPPED INDIVIDUALS IN WASHINGTON COUNTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alicia Simms Chief Executive Officer | Officer | 40 | $60,618 |
Michelle Booker President | OfficerTrustee | 1 | $0 |
Cheryl Lang Director | Trustee | 1 | $0 |
Ryan Becker Director | Trustee | 1 | $0 |
Linda Lewis Director | Trustee | 1 | $0 |
Elaine Fullerton Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $780,382 |
| All other contributions, gifts, grants, and similar amounts not included above | $70,358 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $850,740 |
| Total Program Service Revenue | $2,779,564 |
| Investment income | $1,243 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$6,498 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $14,330 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,641,723 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $320 |
| 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. | $60,618 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $1,927,403 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $43,910 |
| Payroll taxes | $152,563 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $23,394 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $26,726 |
| Advertising and promotion | $0 |
| Office expenses | $18,793 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $259,980 |
| Travel | $70,484 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,925 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $57,018 |
| Insurance | $62,838 |
| All other expenses | $0 |
| Total functional expenses | $3,309,595 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $932,567 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $298,871 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $10,070 |
| Prepaid expenses and deferred charges | $4,958 |
| Net Land, buildings, and equipment | $460,851 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,707,317 |
| Accounts payable and accrued expenses | $156,409 |
| 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 | $61,611 |
| Total liabilities | $218,020 |
| Net assets without donor restrictions | $1,489,297 |
| 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 | $1,707,317 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Wasco Inc has recieved totaling $58,514.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: NEW | $50,000 |
Marietta Community Foundation Inc Marietta, OH PURPOSE: 2ND CYCLE 2019- FUNDING FOR UPGRADES TO THE BUILDING'S EXTERIOR DOORS | $8,390 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $124 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Evangelical Services For The Aging Warminster, PA | $27,952,324 | $19,280,063 |
Applewood Centers Inc Shaker Heights, OH | $31,325,035 | $19,367,243 |
Yum Brands Foundation Inc Louisville, KY | $62,047,633 | $1,353,894 |
Bell Socialization Services Inc York, PA | $8,348,943 | $17,857,924 |
Truth For Life Solon, OH | $28,565,821 | $20,814,256 |
D A Blodgett-St Johns Grand Rapids, MI | $32,947,785 | $18,508,103 |
Valley Health Care Inc Mill Creek, WV | $12,122,859 | $14,871,772 |
Michigan Nonprofit Association Lansing, MI | $6,155,794 | $10,465,564 |
Enterprise Center Capital Corporation Philadelphia, PA | $134,514,899 | $23,652,312 |
Mareda Inc Toledo, OH | $0 | $769,242 |
Lincoln Financial Foundation Inc Radnor, PA | $4,895,429 | $8,366,668 |
Ohio Laborers Training And Apprenticeship Fund Westerville, OH | $24,371,350 | $8,394,060 |