Rockbridge Area Occupational Center Inc
- Assets
- $64.8k
- Revenue
- $159.2k
- Investments
- $0.0
- Employees
- 12
- Location
- Lexington, VA
- Founding
- 09/1986
- Data as of
- 06/2018
- EIN
- 54-1371283
Organization Overview
Rockbridge Area Occupational Center Inc is located in Lexington, VA. The organization was established in 1986. According to its NTEE Classification (J33) the organization is classified as: Sheltered Employment, under the broad grouping of Employment and related organizations. As of 06/2018, Rockbridge Area Occupational Center Inc employed 12 individuals. Rockbridge Area Occupational Center 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 06/2018, Rockbridge Area Occupational Center Inc generated $159.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (23.8%) each year. All expenses for the organization totaled $292.6k during the year ending 06/2018. 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
2018
Describe the Organization's Mission:
Part 3 - Line 1
COMMUNITY-BASED ACTIVITIES AND EMPLOYMENT FOR HANDICAPPED INDIVIDUALS
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORTED EMPLOYMENT (SE) SERVICES HELP PEOPLE WITH DISABILITIES FIND INDEPENDENCE IN THEIR COMMUNITY. RAOC WORKS WITH LOCAL GOVERNMENTS AND THE VIRGINIA DEPARTMENT OF REHABILITATIVE SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vicki Turner Chair | OfficerTrustee | 0 | $0 |
Ann Gruner Secretary | OfficerTrustee | 0 | $0 |
Peggy Blackburn Treasurer | OfficerTrustee | 0 | $0 |
Stacy Taylor Director | Trustee | 0 | $0 |
Tasha Walsh Director | Trustee | 0 | $0 |
Laurie Macrae Executive Director | OfficerTrustee | 20 | $36,058 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $2,000 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $16,743 |
| All other contributions, gifts, grants, and similar amounts not included above | $76,577 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $95,320 |
| Total Program Service Revenue | $45,494 |
| Investment income | $80 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $18,260 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $159,189 |
| 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. | $36,058 |
| Compensation of current officers, directors, key employees. | $36,058 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $112,800 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $16,123 |
| Payroll taxes | $11,696 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $51,363 |
| Advertising and promotion | $3,092 |
| Office expenses | $3,732 |
| Information technology | $2,296 |
| Royalties | $0 |
| Occupancy | $7,414 |
| Travel | $1,817 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $221 |
| Interest | $2,651 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,524 |
| Insurance | $8,254 |
| All other expenses | $3,539 |
| Total functional expenses | $292,619 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,726 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,648 |
| 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 | $54,416 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $64,790 |
| Accounts payable and accrued expenses | $3,821 |
| 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 | $93,067 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $96,888 |
| Unrestricted restricted net Assets | -$32,098 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | -$32,098 |