Harco Industries Inc
- Assets
- $580.7k
- Revenue
- $420.6k
- Investments
- $0.0
- Employees
- 18
- Location
- Kenton, OH
- Founding
- 01/1979
- Data as of
- 06/2022
- EIN
- 34-1186529
Organization Overview
Harco Industries Inc is located in Kenton, OH. The organization was established in 1979. According to its NTEE Classification (J33) the organization is classified as: Sheltered Employment, under the broad grouping of Employment and related organizations. As of 06/2022, Harco Industries Inc employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Harco Industries 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, Harco Industries Inc generated $420.6k in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $467.3k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 3 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 CITIZENS OF HARDIN COUNTY ARE REPONSIBLE TO ENSURE THAT PERSONS WITH DISABILITIES REALIZE OPPORTUNITIES AND ACHIEVE GOALS, WHICH ENHANCES SELF-ESTEEM AND SUPPORTS FREEDON OF CHOICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HARCO INDUSTRIES, INC. IS A DAY HABILITATION FOR ADULTS WITH DISABILITIES. THE ENTITY OFFERS ADULT SERVICES BY TEACHING PERSONAL SKILLS, LIFE SKILLS AND HOMEMAKER SKILLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Kurt Board Member | Trustee | 1 | $0 |
Ryan Yoakum Board Member | Trustee | 1 | $0 |
Holly Sinn-Bailey Board Member | Trustee | 1 | $0 |
Lee Bidwell Board Member | Trustee | 1 | $0 |
Andrew Tudor President | Officer | 1 | $0 |
Mary Zeller Secretary | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $41,733 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,035 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $48,768 |
| Total Program Service Revenue | $367,239 |
| Investment income | $50 |
| 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 | $420,557 |
| 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 | $221,074 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $107,187 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,094 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $200 |
| Office expenses | $12,562 |
| Information technology | $4,111 |
| Royalties | $0 |
| Occupancy | $24,021 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,279 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $18,476 |
| Insurance | $15,864 |
| All other expenses | $3,569 |
| Total functional expenses | $467,297 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $172,649 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $24,550 |
| 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 | $5,119 |
| Net Land, buildings, and equipment | $378,423 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $580,741 |
| Accounts payable and accrued expenses | $4,131 |
| 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 | $60,688 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $64,819 |
| Net assets without donor restrictions | $0 |
| 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 | $515,922 |
| Total liabilities and net assets/fund balances | $580,741 |