Workquest, operating under the name Formerly Tibh Industries Inc, is located in Austin, TX. The organization was established in 1978. According to its NTEE Classification (J33) the organization is classified as: Sheltered Employment, under the broad grouping of Employment and related organizations. As of 09/2021, Formerly Tibh Industries Inc employed 58 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Formerly Tibh Industries 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 09/2021, Formerly Tibh Industries Inc generated $14.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $12.0m during the year ending 09/2021. While expenses have increased by 1.0% 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
TO PROCURE CONTRACTING OPPORTUNITIES THAT EMPLOY INDIVIDUALS WITH DISABILITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
MARKETING OF PRODUCTS MADE AND SERVICES OFFERED BY INDIVIDUALS WITH DISABILITIES TO STATE AND LOCAL GOVERNMENTAL UNITS.
PROVISION OF NET ASSETS FOR TECHNICAL ASSISTANCE TO COMMUNITY REHABILITATION PROGRAMS FROM AROUND THE STATE OF TEXAS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Fred M Weber Jr President An | $373,766 | ||
Roxy Van Loo Director Of | $169,868 | ||
Scott Devetter Director Of | $165,446 | ||
Marie Richter Director Of | $165,302 | ||
Ismael Mendez Director Of | $164,079 | ||
Gibson Duterroil Chairman | Trustee | $0 |
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 | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $14,110,683 |
Investment income | $40,173 |
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 | $14,160,327 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $83,551 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $4,092,412 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $1,727,684 |
Payroll taxes | $318,417 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $21,148 |
Office expenses | $249,340 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $116,536 |
Travel | $127,620 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $123,850 |
Interest | $162,043 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $71,296 |
Insurance | $114,996 |
All other expenses | $966,601 |
Total functional expenses | $12,041,633 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $4,983,154 |
Savings and temporary cash investments | $469,461 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $12,370,540 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $310,160 |
Prepaid expenses and deferred charges | $362,517 |
Net Land, buildings, and equipment | $1,183,764 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $429,221 |
Total assets | $20,108,817 |
Accounts payable and accrued expenses | $202,655 |
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 | $2,500,481 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $161,800 |
Total liabilities | $2,864,936 |
Net assets without donor restrictions | $17,243,881 |
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 | $20,108,817 |
Over the last fiscal year, we have identified 2 grants that Workquest has recieved totaling $15,806.
Awarding Organization | Amount |
---|---|
Horizons National Student Enrichment Program Inc Westport, CT PURPOSE: SUPPORT FOR SUMMER AND ENRICHMENT PROGRAM. | $7,903 |
Horizons National Student Enrichment Program Inc Westport, CT PURPOSE: SUPPORT FOR SUMMER AND ENRICHMENT PROGRAM. | $7,903 |
Organization Name | Assets | Revenue |
---|---|---|
Friendship Community Care Inc Russellville, AR | $35,817,780 | $46,126,183 |
Pathfinder Inc Jacksonville, AR | $31,038,955 | $37,379,577 |
Newview Oklahoma Inc Oklahoma City, OK | $24,735,488 | $38,308,378 |
Work Services Corporation Wichita Falls, TX | $65,100,317 | $39,341,649 |
Adelante Development Center Inc Albuquerque, NM | $27,565,301 | $30,004,679 |
Enmrsh Inc Clovis, NM | $26,613,219 | $19,174,409 |
Workquest Austin, TX | $20,108,817 | $14,160,327 |
Abilities Unlimited Of Jonesboro Incorporated Jonesboro, AR | $10,437,371 | $11,725,518 |
People First Industries Of Bryan County Inc Durant, OK | $9,398,060 | $9,378,908 |
Austin Task Inc Austin, TX | $2,412,615 | $6,287,212 |
Louisiana Industries For The Disabled Inc Baton Rouge, LA | $5,683,035 | $5,314,685 |
Citizens Development Center Dallas, TX | $2,392,724 | $4,122,592 |