Advo Companies Inc

Organization Overview

Advo Companies Inc is located in Amarillo, TX. The organization was established in 1995. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 12/2021, Advo Companies Inc employed 195 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Advo Companies 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 12/2021, Advo Companies Inc generated $8.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $8.9m during the year ending 12/2021. While expenses have increased by 5.5% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO HELP HANDICAPPED INDIVIDUALS LIVE INDEPENDENTLY IN GROUP HOMES & PROVIDE VOCATIONAL TRAINING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROMOTE INDEPENDENT LIVING


DURING 2017, THE ORGANIZATION PROVIDED INDEPENDENT LIVING AND VOCATIONAL TRAINING FOR OVER 80 INDIVIDUALS WHO RESIDED IN GROUP HOMES, ADDITIONAL VOCATIONAL TRAINING WAS PROVIDED FOR OVER 60 INDIVIDUALS FROM OTHER NONPROFIT ORGANIZATIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Carla Hughes
President
$0
Jeanette Thorne
Director
$0
Rich Thorne
Director
$0
Doug Conder
Director
$0
Carol Cooper
Director
$0
Jeanne Prescott
Director
$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$266,105
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$266,105
Total Program Service Revenue$8,477,009
Investment income $671
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 $8,744,385

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Advo Companies Inc has recieved totaling $25,000.

Awarding OrganizationAmount
Merrick Foundation

Amarillo, TX

PURPOSE: OPERATIONS

$25,000
View Grant Recipient Profile

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