Austin Task Inc
- Assets
- $2.3m
- Revenue
- $6.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Austin, TX
- Founding
- 07/1997
- Data as of
- 12/2022
- EIN
- 74-2760908
Organization Overview
Austin Task Inc is located in Austin, TX. The organization was established in 1997. According to its NTEE Classification (J33) the organization is classified as: Sheltered Employment, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Austin Task 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, Austin Task Inc generated $6.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $6.6m during the year ending 12/2022. While expenses have increased by 11.1% per year over the past 6 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALL AMOUNTS ARE EXPENSED FOR THE PURPOSE OF PROVIDING EMPLOYMENT TO THE ELDERLY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terry Mckenzie Board Chair | 3 | $0 | |
Shawna Clay Board Treasuer | 2 | $0 | |
Pat Krouse Board Secretary | 2 | $0 | |
Brian O'conner CEO | 40 | $131,451 | |
James Cameron Sales | 40 | $111,688 | |
Marlin Purvis CFO | 30 | $92,533 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $6,157,569 |
| Interest on Savings | $1,861 |
| Dividends & Interest | $18,043 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $287,292 |
| Total Revenue | $6,464,765 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $394,294 |
| Other employee salaries and wages | $2,927,190 |
| Pension plans, employee benefits | $292,405 |
| Interest | $6,091 |
| Taxes | $274,857 |
| Depreciation | $280 |
| Occupancy | $664,343 |
| Travel, conferences, and meetings | $88,521 |
| Printing and publications | $0 |
| Other expenses | $1,804,012 |
| Total operating and administrative expenses | $6,560,406 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $6,560,406 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $277,242 |
| Savings and temporary cash investments | $30,774 |
| Net Accounts receivable | $932,166 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $53,967 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $417,862 |
| Other assets | $606,914 |
| Total assets | $2,318,925 |
| Accounts payable and accrued expenses | $179,365 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $42,471 |
| Other liabilities | $709,146 |
| Total liabilities | $930,982 |