Marc Workshop Inc
- Assets
- $482.9k
- Revenue
- $222.0k
- Investments
- $0.0
- Employees
- 5
- Location
- Martinsville, VA
- Founding
- 10/1969
- Data as of
- 06/2023
- EIN
- 54-0848363
Organization Overview
Marc Workshop Inc is located in Martinsville, VA. The organization was established in 1969. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 06/2023, Marc Workshop Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marc Workshop 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 06/2023, Marc Workshop Inc generated $222.0k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $228.0k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (5.8%) per year over the past 6 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDES JOBS AND REHABILITATION FOR PHYSICALLY AND MENTALLY HANDICAPPED INDIVIDUALS THROUGHOUT MARTINSVILLE, HENRY COUNTY, AND PATRICK COUNTY
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES JOBS AND REHABILITATION FOR PHYSICALLY AND MENTALLY HANDICAPPED INDIVIDUALS THROUGHOUT MARTINSVILLE AND HENRY COUNTY
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Smith Chaney Director | Trustee | 3 | $0 |
Simone Redd Secretary/treasurer | OfficerTrustee | 3 | $0 |
Jim Adams Director | Trustee | 3 | $0 |
Joey Pigg Vice President | OfficerTrustee | 3 | $0 |
Dr Paulette Simington Director | Trustee | 3 | $0 |
Melody Justice Executive Director | Officer | 40 | $47,554 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $189,590 |
| All other contributions, gifts, grants, and similar amounts not included above | $29,140 |
| Noncash contributions included in lines 1a–1f | $556 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $218,730 |
| Total Program Service Revenue | $0 |
| Investment income | $188 |
| 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 | $221,953 |
| 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. | $47,554 |
| Compensation of current officers, directors, key employees. | $12,040 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $67,149 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,788 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $570 |
| Office expenses | $1,407 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $44,360 |
| 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 | $26,920 |
| Insurance | $16,859 |
| All other expenses | $3,822 |
| Total functional expenses | $227,956 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $136,235 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $161 |
| 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 | $346,489 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $482,885 |
| Accounts payable and accrued expenses | $2,106 |
| 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 | $2,106 |
| Net assets without donor restrictions | $463,079 |
| Net assets with donor restrictions | $17,700 |
| 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 | $482,885 |