Swi Industrial Solutions Inc
- Assets
- $3.0m
- Revenue
- $4.2m
- Investments
- $414.9k
- Employees
- 355
- Location
- Springfield, MO
- Founding
- 01/1975
- Data as of
- 06/2022
- EIN
- 43-0861414
Organization Overview
Swi Industrial Solutions Inc is located in Springfield, MO. The organization was established in 1975. 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, Swi Industrial Solutions Inc employed 355 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Swi Industrial Solutions 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, Swi Industrial Solutions Inc generated $4.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $4.5m during the year ending 06/2022. While expenses have increased by 10.0% 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
TO PROVIDE MEANINGFUL EMPLOYMENT TO INDIVIDUALS WITH DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING MEANINGFUL EMPLOYMENT TO INDIVIDUALS WITH DISABILITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dave Dunn General Mana | Officer | 40 | $137,471 |
Layne Mcbride Treasurer | OfficerTrustee | 1 | $0 |
Jana Wolfe Chairperson | OfficerTrustee | 1 | $0 |
Jeremy Maclaughlin Vice Chairpe | OfficerTrustee | 1 | $0 |
Joe Johnson Secretary | OfficerTrustee | 1 | $0 |
Gary Bishop Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,176,825 |
| All other contributions, gifts, grants, and similar amounts not included above | $183,850 |
| Noncash contributions included in lines 1a–1f | $57,566 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,360,675 |
| Total Program Service Revenue | $37,832 |
| Investment income | $4,383 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$6,461 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,783,689 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,180,118 |
| 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. | $165,392 |
| Compensation of current officers, directors, key employees. | $82,696 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,552,944 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $354,171 |
| Payroll taxes | $239,863 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $29,270 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $45,040 |
| Office expenses | $67,731 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $699,415 |
| Travel | $54,763 |
| 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 | $68,678 |
| Insurance | $81,226 |
| All other expenses | $0 |
| Total functional expenses | $4,463,056 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $112,136 |
| Savings and temporary cash investments | $695,517 |
| Pledges and grants receivable | $155,527 |
| Accounts receivable, net | $617,489 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $449,310 |
| Prepaid expenses and deferred charges | $72,893 |
| Net Land, buildings, and equipment | $517,157 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $414,947 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,034,976 |
| Accounts payable and accrued expenses | $418,707 |
| 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 | $418,707 |
| Net assets without donor restrictions | $2,616,269 |
| 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 | $3,034,976 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Swi Industrial Solutions Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Heffernan Foundation Walnut Creek, CA PURPOSE: DONATION | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Boone Center Inc St Peters, MO | $14,889,109 | $18,998,876 |
Lambs Farm Inc Libertyville, IL | $23,504,581 | $13,032,908 |
Abilities Unlimited Of Jonesboro Incorporated Jonesboro, AR | $10,437,371 | $11,725,518 |
Wesco Industries Denison, IA | $5,356,344 | $10,021,325 |
People First Industries Of Bryan County Inc Durant, OK | $9,398,060 | $9,378,908 |
Skyline Center Inc Clinton, IA | $4,248,547 | $8,832,624 |
Tri-Valley Developmental Services Chanute, KS | $8,494,804 | $7,100,011 |
Open Door Rehabilitation Center Sandwich, IL | $5,637,180 | $7,297,052 |
North Central Sheltered Workshop Fort Dodge, IA | $2,808,504 | $6,257,790 |
Peoria Production Shop Inc Peoria, IL | $26,236,836 | $5,188,185 |
Tri-Ko Inc Osawatomie, KS | $8,732,408 | $7,511,624 |
Avenues To Independence Park Ridge, IL | $1,564,674 | $5,960,525 |