Opportunity Workshop Of Lexington Inc
- Assets
- $3.4m
- Revenue
- $2.4m
- Investments
- $753.1k
- Employees
- 56
- Location
- Lexington, KY
- Founding
- 10/1963
- Data as of
- 06/2021
- EIN
- 61-0593023
Organization Overview
Opportunity Workshop Of Lexington Inc is located in Lexington, KY. The organization was established in 1963. According to its NTEE Classification (J33) the organization is classified as: Sheltered Employment, under the broad grouping of Employment and related organizations. As of 06/2021, Opportunity Workshop Of Lexington Inc employed 56 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Opportunity Workshop Of Lexington 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, Opportunity Workshop Of Lexington Inc generated $2.4m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $1.2m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (13.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
WE PARTNER WITH INDIVIDUALS, BUSINESSES, AND COMMUNITIES TO ASSIST PEOPLE REQUIRING SUPPORT IN OBTAINING AND MAINTAINING EMPLOYMENT.
Describe the Organization's Program Activity:
VOCATIONAL SERVICES FOR INDIVIDUALS WITH DISABILITIES TO OBTAIN REQUIRED SKILLS SO HE/SHE CAN BE PLACED IN REMUNERATIVE EMPLOYMENT. IN FYE 6/30/21 THE ORGANIZATION SERVED INDIVIDUALS WITH 34 EVALUATIONS AND 9 ASSESSMENTS, PLACED 39 INDIVIDUALS IN EMPLOYMENT AND HAD 33 SUCCESSFUL COMPLETIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Walter Higgins President/ceo | Officer | 40 | $87,795 |
Sarah Mattingly Chair | OfficerTrustee | 2 | $0 |
Gina Greathouse 1st Vice Chair | OfficerTrustee | 1 | $0 |
Shawn Rogers Treasurer | OfficerTrustee | 1 | $0 |
John Michul Secretary | OfficerTrustee | 1 | $0 |
Todd Stoltzfus Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $165,600 |
| All other contributions, gifts, grants, and similar amounts not included above | $24,166 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $189,766 |
| Total Program Service Revenue | $329,644 |
| Investment income | $335 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$8,585 |
| Net Gain/Loss on Asset Sales | $1,479,181 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,389,040 |
| 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. | $91,831 |
| Compensation of current officers, directors, key employees. | $91,831 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $546,434 |
| Pension plan accruals and contributions | $28,925 |
| Other employee benefits | $104,249 |
| Payroll taxes | $51,493 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $21,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,268 |
| Advertising and promotion | $1,834 |
| Office expenses | $15,485 |
| Information technology | $68,067 |
| Royalties | $0 |
| Occupancy | $14,000 |
| Travel | $1,660 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,568 |
| Interest | $5,607 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $20,550 |
| Insurance | $23,654 |
| All other expenses | $26,284 |
| Total functional expenses | $1,241,812 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,118 |
| Savings and temporary cash investments | $2,022,989 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $121,592 |
| 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 | $99,697 |
| Net Land, buildings, and equipment | $422,742 |
| Investments—publicly traded securities | $14,425 |
| Investments—other securities | $753,079 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,438,642 |
| Accounts payable and accrued expenses | $336,387 |
| 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 | $150,387 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $486,774 |
| Net assets without donor restrictions | $2,951,868 |
| 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 | $3,438,642 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Opportunity Workshop Of Lexington Inc has recieved totaling $6,500.
| Awarding Organization | Amount |
|---|---|
Honorable Order Of Kentucky Colonels Inc Louisville, KY PURPOSE: GENERAL SUPPORT | $6,000 |
Equitable Foundation Inc New York, NY PURPOSE: GENERAL SUPPORT | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Boone Center Inc St Peters, MO | $14,889,109 | $18,998,876 |
Opportunity Enterprises Inc Valparaiso, IN | $17,973,324 | $20,835,387 |
Lambs Farm Inc Libertyville, IL | $23,504,581 | $13,032,908 |
Saw Inc Maple Heights, OH | $6,395,410 | $10,960,526 |
Richland Newhope Industries Inc Mansfield, OH | $8,935,690 | $8,394,692 |
Weaver Industries Inc Akron, OH | $6,119,573 | $9,368,029 |
Tac Industries Inc Springfield, OH | $17,661,661 | $9,778,253 |
Bi-County Services Inc Bluffton, IN | $7,324,940 | $7,807,647 |
Workshops Inc Canton, OH | $5,457,390 | $7,999,125 |
Open Door Rehabilitation Center Sandwich, IL | $5,637,180 | $7,297,052 |
Peoria Production Shop Inc Peoria, IL | $26,236,836 | $5,188,185 |
Avenues To Independence Park Ridge, IL | $1,564,674 | $5,960,525 |