Klamath Works Inc
- Assets
- $906.1k
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 137
- Location
- Klamath Falls, OR
- Founding
- 10/2016
- Data as of
- 12/2022
- EIN
- 81-1337449
Organization Overview
Klamath Works Inc is located in Klamath Falls, OR. The organization was established in 2016. According to its NTEE Classification (J21) the organization is classified as: Vocational Counseling, under the broad grouping of Employment and related organizations. As of 12/2022, Klamath Works Inc employed 137 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Klamath Works 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 12/2022, Klamath Works Inc generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.3% each year . All expenses for the organization totaled $1.0m during the year ending 12/2022. While expenses have increased by 26.6% 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
SERVING THE GEOGRAPHIC AREA GENERALLY DESCRIBED AS KLAMATH COUNTY TO ENCOURAGE A TOTAL COMMUNITY COMMITMENT TO PROVIDE THE NEEDY WITH THE MOST DIRECT ROUTE FROM DEPENDENCY TO DIGNITY AND SELF-SUFFICIENCY THROUGH THE PROCESS OF EFFORT AND REWARD, AND TO SERVE AS A CONVENER TO ENCOURAGE GOVERNMENT, NON-PROFIT AND FAITH-BASED SERVICE PROVIDERS TO COLLABORATE SO THAT CLIENTS WILL BECOME INDEPENDENT, CONTRIBUTING MEMBERS OF THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUND DEVELOPMENT AND ADMINISTRATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Wendt President | OfficerTrustee | 1 | $0 |
Ann Cavanaugh Vice President | OfficerTrustee | 1 | $0 |
Heidi Biggs Secretary | OfficerTrustee | 1 | $0 |
Randy Shaw Treasurer | OfficerTrustee | 1 | $0 |
Allan Eberlein Director | Trustee | 1 | $0 |
Steve Harper Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,244,907 |
| 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 | $1,244,907 |
| Total Program Service Revenue | $163,923 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$994 |
| 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 | $1,407,836 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,000 |
| 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. | $83,333 |
| Compensation of current officers, directors, key employees. | $16,667 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $549,922 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $12,354 |
| Payroll taxes | $56,034 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,540 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $72,000 |
| Advertising and promotion | $3,859 |
| Office expenses | $27,432 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $50,133 |
| Travel | $3,116 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $829 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $21,095 |
| Insurance | $0 |
| All other expenses | $29,474 |
| Total functional expenses | $1,020,103 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $631,710 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $120,846 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $153,515 |
| Total assets | $906,071 |
| Accounts payable and accrued expenses | $2,087 |
| 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 | $23,737 |
| Total liabilities | $25,824 |
| Net assets without donor restrictions | $0 |
| 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 | $880,247 |
| Total liabilities and net assets/fund balances | $906,071 |