Ash Craft Industries Inc
- Assets
- $738.5k
- Revenue
- -$21.4k
- Investments
- $0.0
- Employees
- 146
- Location
- Ashtabula, OH
- Founding
- 01/1979
- Data as of
- 12/2023
- EIN
- 34-1253550
Organization Overview
Ash Craft Industries Inc is located in Ashtabula, 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 12/2023, Ash Craft Industries Inc employed 146 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ash Craft 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
ASH/CRAFT INDUSTRIES IS COMMITTED TO THE PROVISION OF PROGRAMS, SERVICES AND SUPPORTS TO ASSIST INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES IN THE ENHANCEMENT OF VOCATIONAL AND SOCIAL SKILLS THAT WILL ENABLE THEM TO LIVE, WORK AND PARTICIPATE IN THEIR COMMUNITY AS INDEPENDENTLY AS POSSIBLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASH/CRAFT INDUSTRIES, INC. PROVIDES A SHELTERED WORKSHOP FOR DEVELOPMENTALLY DISABLED ADULTS. THE INTENT OF ASH/CRAFT INDUSTRIES, INC. IS TO RAISE THE LEVEL OF PHYSICAL, MENTAL, SOCIAL AND VOCATIONAL EFFICIENCY OF THESE INDIVIDUALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Frank Board Member | Trustee | 2 | $0 |
Jill Oliver Executive Director | Officer | 40 | $0 |
Joel Laughlin Chairman | Officer | 10 | $0 |
Barbara Klingensmith Vice Chairman | Officer | 10 | $0 |
Sarah Baumgardner Secretary/treasurer | Officer | 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 | $15,942 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,942 |
| Total Program Service Revenue | $0 |
| Investment income | $421 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $5,144 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$55,743 |
| Miscellaneous Revenue | $0 |
| Total Revenue | -$21,409 |
| 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 | $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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $33,369 |
| Advertising and promotion | $2,293 |
| Office expenses | $9,328 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $17,906 |
| Insurance | $5,645 |
| All other expenses | $75 |
| Total functional expenses | $110,898 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,784 |
| Savings and temporary cash investments | $476,008 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $54,456 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $11,570 |
| Prepaid expenses and deferred charges | $3,882 |
| Net Land, buildings, and equipment | $175,760 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $738,460 |
| Accounts payable and accrued expenses | $14,607 |
| 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 | $14,607 |
| Net assets without donor restrictions | $710,060 |
| Net assets with donor restrictions | $13,793 |
| 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 | $738,460 |