Expanco Inc
- Assets
- $2.5m
- Revenue
- $3.5m
- Investments
- $0.0
- Employees
- 232
- Location
- Fort Worth, TX
- Founding
- 03/1994
- Data as of
- 08/2021
- EIN
- 75-1720274
Organization Overview
Expanco Inc, operating under the name Amplify, is located in Fort Worth, TX. The organization was established in 1994. According to its NTEE Classification (J30) the organization is classified as: Vocational Rehabilitation, under the broad grouping of Employment and related organizations. As of 08/2021, Amplify employed 232 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Amplify 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 08/2021, Amplify generated $3.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $2.9m during the year ending 08/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE VOCATIONAL SERVICES & OPPORTUNITIES FOR INDIVIDUALS WITH DISABILITIES. THIS IS DONE THROUGH A WORK CENTER AND A SHREDDING OPERATION.
Describe the Organization's Program Activity:
EXPANCO OPERATES A WORK CENTER FOR ADULTS WITH DISABILITIES PROVIDING VOCATIONAL REHAB SERVICES FOR 135-150 DISADVANTAGED AND DISABLED ADULTS ON A DAILY BASIS. THIS IS THE PRIMARY AND ONLY PROGRAM THAT EXPANCO CURRENTLY IS ENGAGED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dena Walts President | Officer | 40 | $71,733 |
David Dodson Chief Financial Officer | Officer | 40 | $70,224 |
Tony Picciuti Vice President | Officer | 40 | $57,549 |
Andrew Robison Chairman Of The Board Of Directors | Trustee | 0.2 | $0 |
Sheyna Ferraro Vice Chairman Of The Board Of Directors | Trustee | 0.2 | $0 |
Gus Gildner Secretary Of The Board Of Directors | Trustee | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $271,822 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $271,822 |
| Total Program Service Revenue | $2,440,380 |
| Investment income | $421 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $2,000 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,515,297 |
| 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. | $199,506 |
| Compensation of current officers, directors, key employees. | $99,753 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,344,615 |
| Pension plan accruals and contributions | $17,415 |
| Other employee benefits | $226,451 |
| Payroll taxes | $124,413 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $23,764 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $29,647 |
| Office expenses | $108,367 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $231,719 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,718 |
| Interest | $2,047 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $120,065 |
| Insurance | $78,910 |
| All other expenses | $9,119 |
| Total functional expenses | $2,908,792 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,186,044 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $319,605 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $34,414 |
| Prepaid expenses and deferred charges | $24,570 |
| Net Land, buildings, and equipment | $901,461 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,466,094 |
| Accounts payable and accrued expenses | $169,336 |
| 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 | $53,691 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $223,027 |
| Net assets without donor restrictions | $2,175,217 |
| Net assets with donor restrictions | $67,850 |
| 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 | $2,466,094 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Expanco Inc has recieved totaling $107,077.
| Awarding Organization | Amount |
|---|---|
The Morris Foundation Fort Worth, TX PURPOSE: TRANSITIONING OF DAY HABILITATION SERVICES | $100,000 |
Communities Foundation Of Texas Dallas, TX PURPOSE: THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT. | $6,843 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $234 |
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