Speck Homes Inc
- Assets
- $1.6m
- Revenue
- $4.0m
- Investments
- $43.2k
- Employees
- 89
- Location
- Oklahoma City, OK
- Founding
- 05/1972
- Data as of
- 06/2021
- EIN
- 73-0929357
Organization Overview
Speck Homes Inc is located in Oklahoma City, OK. The organization was established in 1972. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., under the broad grouping of Housing & Shelter and related organizations. As of 06/2021, Speck Homes Inc employed 89 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Speck Homes 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, Speck Homes Inc generated $4.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $3.3m during the year ending 06/2021. While expenses have increased by 7.4% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SPECK HOMES, INC. PROVIDES GROUP RESIDENTIAL HOME REHABILITATION SERVICES TO TEENAGE MALES UNDER CONTRACTS WITH THE OKLAHOMA DEPARTMENT OF HUMAN SERVICES AND THE OKLAHOMA OFFICE FOR JUVENILE AFFAIRS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GROUP RESIDENTIAL HOME REHABILITATION SERVICES TO TEENAGE MALES UNDER THE JURISDICTION OF THE OKLAHOMA DEPARTMENT OF HUMAN SERVICES AND THE OKLAHOMA OFFICE FOR JUVENILE AFFAIRS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Mcpherson Executive Di | OfficerTrustee | 40 | $119,659 |
Keith F Givens Trustee | Trustee | 0.5 | $0 |
Reggie Smith Treasurer | Trustee | 0.5 | $0 |
Doug Tapp Secretary | Trustee | 0.5 | $0 |
David Miller Vice Preside | Trustee | 0.5 | $0 |
Richard Mcpherson President | Trustee | 0.5 | $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 | $2,508 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,508 |
| Total Program Service Revenue | $3,400,493 |
| Investment income | $351 |
| 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 | $3,986,679 |
| 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. | $119,659 |
| Compensation of current officers, directors, key employees. | $15,089 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,883,243 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $270,110 |
| Payroll taxes | $182,971 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,988 |
| 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 | $9,584 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,910 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $24,244 |
| Insurance | $66,779 |
| All other expenses | $195,318 |
| Total functional expenses | $3,287,215 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,087,920 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $329,989 |
| Accounts receivable, net | $0 |
| 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 | $32,619 |
| Net Land, buildings, and equipment | $84,202 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $43,203 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,007 |
| Total assets | $1,586,940 |
| Accounts payable and accrued expenses | $76,945 |
| 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 | $76,945 |
| Net assets without donor restrictions | $1,466,792 |
| Net assets with donor restrictions | $43,203 |
| 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 | $1,586,940 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Speck Homes Inc has recieved totaling $55,000.
| Awarding Organization | Amount |
|---|---|
Servant Foundation Overland Park, KS PURPOSE: COMMUNITY DEVELOPMENT | $55,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St Dominic Village Houston, TX | $13,513,269 | $14,710,628 |
Shelter Ministries Of Dallas Dallas, TX | $40,953,224 | $24,185,311 |
Metropolitan Lutheran Ministry Kansas City, MO | $5,622,627 | $11,500,052 |
Myron Stratton Home Colorado Springs, CO | $251,408,537 | $14,272,121 |
Sand Springs Home Sand Springs, OK | $70,860,771 | $5,861,443 |
Santa Fe Community Housing Tr Santa Fe, NM | $45,526,696 | $6,534,024 |
Alexian Brothers Bonaventure House St Louis, MO | $6,669,362 | $3,581,611 |
Leonardville Nursing Home Inc Leonardville, KS | $5,042,716 | $4,665,689 |
Village Project Inc Houston, TX | $61,521,022 | $3,671,137 |
Almost Home Inc Brighton, CO | $1,337,785 | $3,547,481 |
Our Little Haven St Louis, MO | $19,035,501 | $4,544,777 |
Speck Homes Inc Oklahoma City, OK | $1,586,940 | $3,986,679 |