Lafayette Work Center Inc
- Assets
- $10.7m
- Revenue
- $5.1m
- Investments
- $0.0
- Employees
- 253
- Location
- Manchester, MO
- Founding
- 12/1975
- Data as of
- 09/2023
- EIN
- 51-0173016
Organization Overview
Lafayette Work Center Inc is located in Manchester, MO. The organization was established in 1975. According to its NTEE Classification (J33) the organization is classified as: Sheltered Employment, under the broad grouping of Employment and related organizations. As of 09/2023, Lafayette Work Center Inc employed 253 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lafayette Work Center 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 09/2023, Lafayette Work Center Inc generated $5.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $4.2m during the year ending 09/2023. While expenses have increased by 1.3% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE MEANINGFUL, PRODUCTIVE, AND LONG-LASTING CAREERS IN THE PACKAGING INDUSTRY TO ADULTS WITH DEVELOPMENTAL DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF SHELTERED WORKSHOP PROVIDING EMPLOYMENT FOR PERSONS WITH DEVELOPMENTAL AND OTHER DISABILITIES AND SERVICING CLIENTS CERTIFIED BY VOCATIONAL REHABILITATION.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bill Florent Board Member | Trustee | 1 | $0 |
Kyler Humphrey Board Member | Trustee | 1 | $0 |
Richard Waigand Treasurer | OfficerTrustee | 1 | $0 |
Steven Albers Board Member | Trustee | 1 | $0 |
Michael Aufdenspring Board Member | Trustee | 1 | $0 |
Kirsten Dietrich President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $753,299 |
| Related organizations | $0 |
| Government grants | $2,692,118 |
| All other contributions, gifts, grants, and similar amounts not included above | $111,172 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,556,589 |
| Total Program Service Revenue | $1,572,644 |
| Investment income | $61,054 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$74,820 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,124,825 |
| 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. | $233,769 |
| Compensation of current officers, directors, key employees. | $233,769 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,491,118 |
| Pension plan accruals and contributions | $72,674 |
| Other employee benefits | $284,112 |
| Payroll taxes | $230,161 |
| 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 | $7,056 |
| Office expenses | $22,832 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $8,185 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $271,137 |
| Insurance | $30,933 |
| All other expenses | $164,156 |
| Total functional expenses | $4,205,472 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $695,095 |
| Savings and temporary cash investments | $4,734,395 |
| Pledges and grants receivable | $169,234 |
| Accounts receivable, net | $337,578 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $55,174 |
| Prepaid expenses and deferred charges | $64,016 |
| Net Land, buildings, and equipment | $2,058,459 |
| Investments—publicly traded securities | $219,537 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,367,432 |
| Total assets | $10,700,920 |
| Accounts payable and accrued expenses | $529,642 |
| Grants payable | $0 |
| Deferred revenue | $53,203 |
| 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 | $1,345,255 |
| Total liabilities | $1,928,100 |
| Net assets without donor restrictions | $8,772,820 |
| 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 | $10,700,920 |