Opportunity Workshop Of Lexington Inc
- Assets
- $3.4m
- Revenue
- $2.4m
- Investments
- $753.1k
- Employees
- 48
- Location
- Lexington, KY
- Founding
- 10/1963
- Data as of
- 06/2021
- EIN
- 61-0593023
Organization Overview
Opportunity Workshop Of Lexington Inc is located in Lexington, KY. The organization was established in 1963. 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, Opportunity Workshop Of Lexington Inc employed 48 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Opportunity Workshop Of Lexington 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 06/2021, Opportunity Workshop Of Lexington Inc generated $2.4m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $1.2m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (12.1%) per year over the past 7 years. 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
WE PARTNER WITH INDIVIDUALS, BUSINESSES, AND COMMUNITIES TO ASSIST PEOPLE REQUIRING SUPPORT IN OBTAINING AND MAINTAINING EMPLOYMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VOCATIONAL SERVICES FOR INDIVIDUALS WITH DISABILITIES TO OBTAIN REQUIRED SKILLS SO HE/SHE CAN BE PLACED IN REMUNERATIVE EMPLOYMENT. IN FYE 6/30/22 THE ORGANIZATION SERVED INDIVIDUALS WITH 30 EVALUATIONS AND 21 ASSESSMENTS, PLACED 35 INDIVIDUALS IN EMPLOYMENT AND HAD 16 SUCCESSFUL COMPLETIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Mattingly Chair | OfficerTrustee | 2 | $0 |
Gina Greathouse 1st Vice Chair | OfficerTrustee | 1 | $0 |
John Michul Secretary | OfficerTrustee | 1 | $0 |
Shawn Rogers Treasurer | OfficerTrustee | 1 | $0 |
Todd Stoltzfus Director | Trustee | 0.5 | $0 |
Todd Gaunce Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $189,766 |
| Investment income | $335 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$8,585 |
| Net Gain/Loss on Asset Sales | $1,479,181 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,389,040 |
| Statement of Expenses | |
|---|---|
| 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. | $91,831 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $546,434 |
| Pension plan accruals and contributions | $28,925 |
| Other employee benefits | $104,249 |
| Payroll taxes | $51,493 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $21,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,268 |
| Advertising and promotion | $1,834 |
| Office expenses | $15,485 |
| Information technology | $68,067 |
| Royalties | $0 |
| Occupancy | $14,000 |
| Travel | $1,660 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,568 |
| Interest | $5,607 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $20,550 |
| Insurance | $23,654 |
| All other expenses | $0 |
| Total functional expenses | $1,241,812 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,118 |
| Savings and temporary cash investments | $2,022,989 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $121,592 |
| 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 | $99,697 |
| Investments—publicly traded securities | $14,425 |
| Investments—other securities | $753,079 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,438,642 |
| Accounts payable and accrued expenses | $336,387 |
| 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 | $150,387 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $486,774 |
| 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 |
| Total liabilities and net assets/fund balances | $2,951,868 |