Vocational Opportunities Center Northeast Texas Inc
- Assets
- $516.9k
- Revenue
- $447.6k
- Investments
- $0.0
- Employees
- 4
- Location
- Mt Pleasant, TX
- Founding
- 04/1992
- Data as of
- 07/2021
- EIN
- 75-2342458
Organization Overview
Vocational Opportunities Center Northeast Texas Inc is located in Mt Pleasant, TX. The organization was established in 1992. According to its NTEE Classification (B30) the organization is classified as: Vocational & Technical Schools, under the broad grouping of Education and related organizations. As of 07/2021, Vocational Opportunities Center Northeast Texas Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vocational Opportunities Center Northeast Texas 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 07/2021, Vocational Opportunities Center Northeast Texas Inc generated $447.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $489.0k during the year ending 07/2021. 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
JOBS AND TRAINING AT THE SHELTERED WORKSHOP WERE PROVIDED FOR HANDICAPPED PERSONS. TRAINING WAS ALSO PROVIDED FOR HANDICAPPED HIGH SCHOOL STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PURPOSE OF THE ORGANIZATION IS TO PROVIDE JOBS AND TRAINING TO THE PERSONS IN THE COMMUNITY WITH DEVELOPMENTAL DISABILITIES IN ORDER TO ENSURE THAT THE MAXIMUM POTENTIAL FOR INDEPENDENCE AND PRODUCTIVITY IS ATTAINED. THE ORGANIZATION WILL INVOLVE ALL CLIENTS IN SOCIALIZATION TRAINING TO DECREASE SOCIALLY UNACCEPTABLE BEHAVIORS. TRAINING WILL BE PROVIDED TO IMPROVE EACH CLIENT'S GENERAL VOCATIONAL SKILLS AND WILL BE COMPATIBLE WITH EXISTING JOBS IN THE COMMUNITY. THE ORGANIZATION WILL ALSO PROVIDE SHELTERED EMPLOYMENT FOR THE DISABLED UNTIL THEY CAN BE REFERRED AND PLACED INTO EMPLOYMENT IN THE GENERAL WORKFORCE.
THE PURPOSE OF THE ORGANIZATION IS TO PROVIDE JOBS AND TRAINING TO THE PERSONS IN THE COMMUNITY WITH DEVELOPMENTAL DISABILITIES IN ORDER TO ENSURE THAT THE MAXIMUM POTENTIAL FOR INDEPENDENCE AND PRODUCTIVITY IS ATTAINED. THE ORGANIZATION WILL INVOLVE ALL CLIENTS IN SOCIALIZATION TRAINING TO DECREASE SOCIALLY UNACCEPTABLE BEHAVIORS. TRAINING WILL BE PROVIDED TO IMPROVE EACH CLIENT'S GENERAL VOCATIONAL SKILLS AND WILL BE COMPATIBLE WITH EXISTING JOBS IN THE COMMUNITY. THE ORGANIZATION WILL ALSO PROVIDE SHELTERED EMPLOYMENT FOR THE DISABLED UNTIL THEY CAN BE REFERRED AND PLACED INTO EMPLOYMENT IN THE GENERAL WORKFORCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jarred Conroy Baord Member | Officer | $0 | |
Mollie Means Board Member | Officer | $0 | |
Richard Witherspoon Vice Preside | Officer | $0 | |
Jim Houchin Secretary | Officer | 0 | $0 |
Don Alexander Board Member | Officer | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $6,869 |
| 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 | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $447,593 |
| 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. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $216,173 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $18,368 |
| Payroll taxes | $17,284 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,445 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $13 |
| Advertising and promotion | $0 |
| Office expenses | $1,516 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $9,962 |
| Insurance | $36,211 |
| All other expenses | $0 |
| Total functional expenses | $488,969 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,667 |
| Savings and temporary cash investments | $321,883 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $50,708 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $516,948 |
| Accounts payable and accrued expenses | $0 |
| 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 | $2,592 |
| Total liabilities | $2,592 |
| 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 | $514,356 |
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