Workshop Of Davidson Incorporated
- Assets
- $721.4k
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 26
- Location
- Lexington, NC
- Founding
- 06/1967
- Data as of
- 06/2022
- EIN
- 56-0840471
Organization Overview
Workshop Of Davidson Incorporated is located in Lexington, NC. The organization was established in 1967. According to its NTEE Classification (J33) the organization is classified as: Sheltered Employment, under the broad grouping of Employment and related organizations. As of 06/2022, Workshop Of Davidson Incorporated employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Workshop Of Davidson Incorporated 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 06/2022, Workshop Of Davidson Incorporated generated $1.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $1.4m during the year ending 06/2022. While expenses have increased by 1.5% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TRAINING AND VOCATIONAL REHABILITATION AND GROUP HOUSING FOR PERSONS WITH DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED TRAINING AND VOCATIONAL REHABILITATION FOR THE PHYSICALLY AND MENTALLY HANDICAPPED.
PROVIDED GROUP HOUSING FOR THE MENTALLY AND PHYSICALLY DISABLED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kara Cody Executive Director | Officer | 40 | $59,917 |
Debbie Harris Vice President | Officer | 1 | $0 |
Olen Easter Jr President | Officer | 1 | $0 |
Cathy Misenheimer Secretary | Officer | 1 | $0 |
Douglas Meredith Treasurer | Officer | 1 | $0 |
George Hodges Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $42,106 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,213,495 |
| All other contributions, gifts, grants, and similar amounts not included above | $24,987 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,280,588 |
| Total Program Service Revenue | $128,646 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $451 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $35,941 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,445,626 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $747,141 |
| Pension plan accruals and contributions | $10,164 |
| Other employee benefits | $95,280 |
| Payroll taxes | $56,278 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $500 |
| Fees for services: Accounting | $5,050 |
| 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 | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,315 |
| 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 | $31,711 |
| Insurance | $0 |
| All other expenses | $139,127 |
| Total functional expenses | $1,375,289 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $404,412 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $139,072 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $5,075 |
| Prepaid expenses and deferred charges | $13,766 |
| Net Land, buildings, and equipment | $134,771 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $24,271 |
| Total assets | $721,367 |
| Accounts payable and accrued expenses | $67,008 |
| 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 | $67,008 |
| Net assets without donor restrictions | $630,088 |
| Net assets with donor restrictions | $24,271 |
| 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 | $721,367 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Workshop Of Davidson Incorporated has recieved totaling $39,392.
| Awarding Organization | Amount |
|---|---|
United Way Of Davidson County Inc Lexington, NC PURPOSE: Provides vocational and life skills training for individuals with intellectual and developmental disabilities. | $39,392 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Good Vocations Inc Macon, GA | $12,856,222 | $11,950,736 |
Coastal Enterprises Of Jacksonville Inc Jacksonville, NC | $28,700,774 | $9,959,201 |
Watauga Opportunities Inc Boone, NC | $6,174,593 | $4,894,434 |
Liberty Corner Enterprises Inc Asheville, NC | $1,499,174 | $4,141,112 |
Polk County Sheltered Workshop Inc Columbus, NC | $2,694,853 | $2,928,986 |
Rochelle Center Nashville, TN | $4,236,048 | $3,830,558 |
Union Diversified Industries Inc Monroe, NC | $2,733,673 | $2,447,061 |
Wayne Opportunity Center Inc Goldsboro, NC | $2,444,644 | $2,788,957 |
Shen-Paco Industries Inc Quicksburg, VA | $2,025,312 | $2,326,690 |
Vector Industries Inc Waynesboro, VA | $1,292,662 | $2,566,054 |
Wilkes Vocational Services Inc North Wilkesboro, NC | $2,098,184 | $1,962,826 |
Worksource Enterprises Charlottesville, VA | $2,438,593 | $2,183,228 |