Floyd Training And Service Center Inc
- Assets
- $535.3k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 24
- Location
- Rome, GA
- Founding
- 12/1972
- Data as of
- 06/2022
- EIN
- 58-1132224
Organization Overview
Floyd Training And Service Center Inc is located in Rome, GA. The organization was established in 1972. According to its NTEE Classification (J30) the organization is classified as: Vocational Rehabilitation, under the broad grouping of Employment and related organizations. As of 06/2022, Floyd Training And Service Center Inc employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Floyd Training And Service 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 06/2022, Floyd Training And Service Center Inc generated $1.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $1.2m during the year ending 06/2022. While expenses have increased by 2.2% 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
A PLACE FOR THE CARING AND TRAINING OF THE MENTALLY DISABLED
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRAINING AND SERVICE WAS PROVIDED FOR A MONTHLY AVERAGE OF 62 ADULTS IN ADDITION, ON THE JOB TRAINING WAS PROVIDED FOR 3 ADULTS, WHO WORK AT LEAST 20 HOURS PER MONTH IN THE COMMUNITY AND 4 WHO WORKED AT LEAST 80 HOURS PER MONTH.
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 |
|---|---|---|---|
Jacob Allmon Executive Director | Officer | 40 | $85,629 |
Name Not Listed Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $985,346 |
| All other contributions, gifts, grants, and similar amounts not included above | $170,223 |
| Noncash contributions included in lines 1a–1f | $92,752 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,155,569 |
| Total Program Service Revenue | $20,267 |
| Investment income | $237 |
| 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 | $1,176,516 |
| 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. | $85,629 |
| Compensation of current officers, directors, key employees. | $17,126 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $518,624 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $200,254 |
| Payroll taxes | $49,032 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,550 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $118,873 |
| Travel | $3,287 |
| 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 | $16,015 |
| Insurance | $34,682 |
| All other expenses | $66,078 |
| Total functional expenses | $1,212,163 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $114,474 |
| Savings and temporary cash investments | $247,014 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $105,511 |
| 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 | $5,529 |
| Net Land, buildings, and equipment | $62,105 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $700 |
| Total assets | $535,333 |
| Accounts payable and accrued expenses | $61,330 |
| 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 | $61,330 |
| Net assets without donor restrictions | $474,003 |
| 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 | $535,333 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bobby Dodd Institute Inc Atlanta, GA | $15,439,617 | $18,957,191 |
Abilities Inc Of Florida Clearwater, FL | $8,593,004 | $12,363,414 |
Eastern Carolina Vocational Center Inc Greenville, NC | $26,970,682 | $10,804,799 |
Park Center Nashville, TN | $31,811,535 | $21,739,362 |
Wiregrass Rehabilitation Center Inc Dothan, AL | $13,393,058 | $8,461,901 |
Johnston County Industries Inc Selma, NC | $6,782,486 | $8,118,141 |
The Arc Nature Coast Inc Spring Hill, FL | $8,156,274 | $6,536,043 |
Palm Beach Habilitation Center Inc Palm Springs, FL | $6,844,061 | $5,263,189 |
Durham Exchange Club Industries Inc Durham, NC | $24,396,757 | $5,688,631 |
Easter Seals West Georgia Inc Columbus, GA | $14,019,285 | $4,649,150 |
Nobis Works Inc Marietta, GA | $8,145,153 | $3,990,090 |
Star Center Inc Jackson, TN | $4,181,511 | $5,427,165 |