Sweet Owen Industries Arc Inc
- Assets
- $509.4k
- Revenue
- $3.4m
- Investments
- $0.0
- Employees
- 1
- Location
- Spencer, IN
- Founding
- 06/1975
- Data as of
- 12/2022
- EIN
- 35-1318207
Organization Overview
Sweet Owen Industries Arc Inc is located in Spencer, IN. The organization was established in 1975. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sweet Owen Industries Arc 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 12/2022, Sweet Owen Industries Arc Inc generated $3.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $3.4m during the year ending 12/2022. While expenses have increased by 6.7% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT PERSON THAT HAVE BEEN DIAGNOSED WITH INTELLECTUALLY AND OR DEVELOPMENTALLY DELAYED/DISABLED IN THEIR DAILY LIFE SKILLS EITHER IN OUR FACILITY, COMMUNITY, AND/OR HOME. IN ADDITION, THE AGENCY EDUCATED THE PARENTS, COMMUNITY AND ANY PARTNERS IN THE AREA OF INTELLECTUALLY AND/OR DEVELOPMENTALLY DELAYED/DISABLED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE AGENCY'S SUPPORTED LIVING PROGRAM HAS MAINTAINED THE CURRENT CLIENTS DURING 2022. THE GOAL OF THIS PROGRAM IS TO INCREASE A CLIENT'S INDEPENDENCE AT HOME AND IN THE COMMUNITY. DATA SHOWS THAT EACH RESIDENTIAL CLIENT HAS SHOWN SOME TYPE OF INCREASE IN THIS AREA.
THE AGENCY HAS A CHILDRENS PROGRAM THAT SPECIALIZES IN IDD AS WELL AS CHILDREN THAT DO NOT HAVE A DISABILITY.
THE SHELTERED WORKSHOP CONTINUES TO EXPAND AND HAS BROUGHT ON SEVERAL NEW CONTRACTED PIECE RATE JOBS FOR THE CLIENTS. THE PROGRAM IS DESIGNED TO HELP PREPARE CLIENTS TO OBTAIN COMMUNITY EMPLOYMENT.
SWEET OWEN HAS STARTED A NEW PROGRAM THAT OVERSEES THE HEALTH RELATED WELLNESS OF OUR CLIENTS. THE AGENCY HAS A NURSE THAT DOES CHECKS ON THE CLIENTS ANYWHERE FROM ONE TIME A WEEK TO ONCE A MONTH DEPENDING ON THE SEVERITY OF THEIR HEALTH ISSUES. OUR GOAL IS TO ENSURE THAT A CLIENTS HEALTH IS MAINTAINED AT THE HIGHEST QUALITY POSSIBLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kimberly Hodges CEO | Officer | 60 | $83,659 |
Heather Good Residentail Director | Officer | 45 | $58,841 |
Shailie Cox Agency Nurse | Officer | 40 | $56,215 |
Amanda Knight Director Of Programs | Officer | 40 | $40,979 |
Aaron Lagrange President | Trustee | 0 | $0 |
Ellen Ross Vice President | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $60,000 |
| 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 | $60,000 |
| Total Program Service Revenue | $3,330,018 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $22,051 |
| 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 | $3,412,069 |
| 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. | $398,747 |
| Compensation of current officers, directors, key employees. | $398,747 |
| Compensation to disqualified persons | $2,095,916 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $591,478 |
| 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 | $0 |
| Advertising and promotion | $3,089 |
| Office expenses | $6,732 |
| Information technology | $20,667 |
| Royalties | $0 |
| Occupancy | $147,772 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,812 |
| Interest | $0 |
| Payments to affiliates | $9,184 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $128,562 |
| All other expenses | $0 |
| Total functional expenses | $3,406,959 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,890 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,789 |
| 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 | $496,728 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $509,407 |
| Accounts payable and accrued expenses | $5,987 |
| 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 | $82,910 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $88,897 |
| Net assets without donor restrictions | $420,510 |
| 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 | $509,407 |