Wheels Of Success Inc
- Assets
- $398.6k
- Revenue
- $602.8k
- Investments
- $0.0
- Employees
- 3
- Location
- Tampa, FL
- Founding
- 03/2004
- Data as of
- 06/2021
- EIN
- 56-2372792
Organization Overview
Wheels Of Success Inc is located in Tampa, FL. The organization was established in 2004. According to its NTEE Classification (P52) the organization is classified as: Transportation Assistance, under the broad grouping of Human Services and related organizations. As of 06/2021, Wheels Of Success Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wheels Of Success 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 06/2021, Wheels Of Success Inc generated $602.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.7%) each year. All expenses for the organization totaled $456.7k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (10.4%) 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION HELPS FAMILIES OBTAIN OR CONTINUE WORK BY PROVIDING THEM RELIABLE TRANSPORTATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO HELP NEEDY FAMILIES OBTAIN OR CONTINUE TO WORK BY PROVIDING THEM WITH RELIABLE TRANSPORTATION THROUGH A PROGRAM OF CAR REPAIRS, VEHICLE REPLACEMENT, RELATED LICENSING SERVICES, CAR PAYMENT, DOWN PAYMENTS, AND CAR-CARE CLASSES IN THE TRI-COUNTY TAMPA BAY AREA.
TO HELP NEEDY FAMILIES OBTAIN OR CONTINUE TO WORK BY PROVIDING THEM WITH RELIABLE TRANSPORTATION THROUGH A PROGRAM OF CAR REPAIRS, VEHICLE REPLACEMENT, RELATED LICENSING SERVICES, CAR PAYMENT, DOWN PAYMENTS, AND CAR-CARE CLASSES IN THE TRI-COUNTY TAMPA BAY AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Jacobs President & | OfficerTrustee | 40 | $81,541 |
Eric Nowak Chairman | OfficerTrustee | $0 | |
John Punzak Secrtary/tre | OfficerTrustee | $0 | |
Danna Haydar ESQ Board Member | Trustee | $0 | |
Virnitia Hendricks Board Member | Trustee | $0 | |
James Esner Board Member | Trustee | $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 | $469,714 |
| Noncash contributions included in lines 1a–1f | $260,238 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $469,714 |
| Total Program Service Revenue | $88,982 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $19,007 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $25,068 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $602,771 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $237,033 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $81,541 |
| Compensation of current officers, directors, key employees. | $8,154 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,917 |
| Payroll taxes | $6,263 |
| Fees for services: Management | $2,474 |
| Fees for services: Legal | $3,556 |
| Fees for services: Accounting | $13,643 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,020 |
| Advertising and promotion | $7,920 |
| Office expenses | $2,714 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $44,946 |
| Travel | $1,771 |
| 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 | $0 |
| Insurance | $7,228 |
| All other expenses | $0 |
| Total functional expenses | $456,685 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $64,343 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $22,109 |
| Accounts receivable, net | $27,991 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $249,817 |
| Prepaid expenses and deferred charges | $27,281 |
| Net Land, buildings, and equipment | $327 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,774 |
| Total assets | $398,642 |
| Accounts payable and accrued expenses | $4,694 |
| 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 | $21,084 |
| Total liabilities | $25,778 |
| Net assets without donor restrictions | $360,864 |
| Net assets with donor restrictions | $12,000 |
| 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 | $398,642 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Wheels Of Success Inc has recieved totaling $78,346.
| Awarding Organization | Amount |
|---|---|
Santander Consumer Usa Inc Foundation Dallas, TX PURPOSE: SUPPORT FOR UNDERSERVED TRANSPORTATION | $50,000 |
Center For Faith And Freedom Inc Sarasota, FL PURPOSE: SUPPORT OF THEIR MISSION AS A HUMANITARIAN AND EDUCATIONAL NON-PROFIT ORGANIZATION | $10,000 |
Bay Area Legal Services Inc Tampa, FL PURPOSE: family services | $9,291 |
Lazydays Employee Foundation Inc Seffner, FL | | $9,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $55 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Big Bend Transit Inc Tallahassee, FL | $11,272,025 | $5,429,818 |
Student Transport Inc College Park, GA | $6,481,074 | $5,124,740 |
Ride Solution Inc Palatka, FL | $3,947,125 | $3,163,005 |
Common Courtesy Inc Atlanta, GA | $1,181,301 | $2,903,517 |
Transit Alliance Group Inc Chatsworth, GA | $1,516,616 | $1,526,515 |
Self-Reliance Inc Tampa, FL | $674,753 | $920,018 |
Wheels Of Success Inc Tampa, FL | $398,642 | $602,771 |
Indian River County Volunteer Ambulance Squad Inc Vero Beach, FL | $2,805,221 | $508,341 |
Itnsarasota Inc Sarasota, FL | $0 | $44,745 |
I Care Inc Decatur, GA | $55,022 | $0 |
Itnorlando Tm Inc Winter Park, FL | $1 | $0 |
Freedom To Go Inc Pensacola, FL | $20,195 | $0 |