Civic Intelligence

Oswego Industries Inc

EIN 16-2197163 • 501(c)3 • Fulton, NY

Profile

Our mission is to be a partner in the development of comprehensive community services designed to improve the quality of life for all people, with the primary emphasis on those with disabilities, by providing the necessary support programs to enable individuals to grow with dignity and achieve their highest level of independence and self fulfillment.

7 Morrill PlaceFulton, NY 13069

www.oswegoindustriesinc.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

63rd percentile

0.24x

Higher debt load relative to assets than 63% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

47th percentile

0.14x

Higher debt load relative to revenue than 47% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

40th percentile

0.7%

Higher net margin than 40% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

42nd percentile

2.3%

Faster asset growth than 42% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

40th percentile

2.8%

Faster revenue growth than 40% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$4,127,336

Up $94,642 (+2.3%) from 2023

Liabilities

Up

$978,355

Up $48,997 (+5.3%) from 2023

Net Assets

Up

$3,148,981

Up $45,645 (+1.5%) from 2023

Revenue

Up

$7,134,638

Up $196,067 (+2.8%) from 2023

Expenses

Up

$7,088,051

Up $68,379 (+1.0%) from 2023

Net Income

Up

$46,587

Up $127,688 (+157%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2010: $5,295,848Liabilities 2010: $1,636,846Net Assets 2010: $3,659,0022010Assets 2011: $4,993,042Liabilities 2011: $1,585,723Net Assets 2011: $3,407,3192011Assets 2012: $4,664,414Liabilities 2012: $1,377,516Net Assets 2012: $3,286,8982012Assets 2013: $4,863,789Liabilities 2013: $1,308,803Net Assets 2013: $3,554,9862013Assets 2014: $3,896,022Liabilities 2014: $900,645Net Assets 2014: $2,995,3772014Assets 2015: $3,515,047Liabilities 2015: $865,569Net Assets 2015: $2,649,4782015Assets 2016: $3,599,908Liabilities 2016: $936,725Net Assets 2016: $2,663,1832016Assets 2017: $3,801,306Liabilities 2017: $1,046,363Net Assets 2017: $2,754,9432017Assets 2018: $4,079,366Liabilities 2018: $948,151Net Assets 2018: $3,131,2152018Assets 2019: $3,770,973Liabilities 2019: $1,085,373Net Assets 2019: $2,685,6002019Assets 2020: $4,337,519Liabilities 2020: $1,222,895Net Assets 2020: $3,114,6242020Assets 2021: $4,770,694Liabilities 2021: $1,921,584Net Assets 2021: $2,849,1102021Assets 2022: $3,801,709Liabilities 2022: $611,336Net Assets 2022: $3,190,3732022Assets 2023: $4,032,694Liabilities 2023: $929,358Net Assets 2023: $3,103,3362023Assets 2024: $4,127,336Liabilities 2024: $978,355Net Assets 2024: $3,148,9812024

Highlighted filing

2024

Assets$4,127,336
Liabilities$978,355
Net Assets$3,148,981

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10M$5.0M$0-$5.0MExpenses 2010: $9,732,8302010Expenses 2011: $9,552,1602011Expenses 2012: $9,239,0822012Revenue 2013: $9,034,057Expenses 2013: $8,763,794Net Income 2013: $270,2632013Revenue 2014: $8,187,457Expenses 2014: $8,746,887Net Income 2014: -$559,4302014Revenue 2015: $8,186,393Expenses 2015: $8,532,572Net Income 2015: -$346,1792015Revenue 2016: $8,127,517Expenses 2016: $8,113,812Net Income 2016: $13,7052016Revenue 2017: $8,247,881Expenses 2017: $8,160,866Net Income 2017: $87,0152017Revenue 2018: $9,085,476Expenses 2018: $8,694,082Net Income 2018: $391,3942018Revenue 2019: $7,508,562Expenses 2019: $7,959,333Net Income 2019: -$450,7712019Revenue 2020: $7,547,741Expenses 2020: $7,113,994Net Income 2020: $433,7472020Revenue 2021: $6,301,381Expenses 2021: $6,579,922Net Income 2021: -$278,5412021Revenue 2022: $7,741,850Expenses 2022: $7,365,526Net Income 2022: $376,3242022Revenue 2023: $6,938,571Expenses 2023: $7,019,672Net Income 2023: -$81,1012023Revenue 2024: $7,134,638Expenses 2024: $7,088,051Net Income 2024: $46,5872024

Highlighted filing

2024

Revenue$7,134,638
Expenses$7,088,051
Net Income$46,587

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.13$0.98$3.15$7.13$7.09$0.05
2023Detailed filing. Detailed filing data is available for this year.$4.03$0.93$3.10$6.94$7.02$0.08
2022Detailed filing. Detailed filing data is available for this year.$3.80$0.61$3.19$7.74$7.37$0.38
2021Detailed filing. Detailed filing data is available for this year.$4.77$1.92$2.85$6.30$6.58$0.28
2020Detailed filing. Detailed filing data is available for this year.$4.34$1.22$3.11$7.55$7.11$0.43
2019Detailed filing. Detailed filing data is available for this year.$3.77$1.09$2.69$7.51$7.96$0.45
2018Detailed filing. Detailed filing data is available for this year.$4.08$0.95$3.13$9.09$8.69$0.39
2017Detailed filing. Detailed filing data is available for this year.$3.80$1.05$2.75$8.25$8.16$0.09
2016Detailed filing. Detailed filing data is available for this year.$3.60$0.94$2.66$8.13$8.11$0.01
2015Detailed filing. Detailed filing data is available for this year.$3.52$0.87$2.65$8.19$8.53$0.35
2014Detailed filing. Detailed filing data is available for this year.$3.90$0.90$3.00$8.19$8.75$0.56
2013Detailed filing. Detailed filing data is available for this year.$4.86$1.31$3.55$9.03$8.76$0.27
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.66$1.38$3.29$9.24
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.99$1.59$3.41$9.55
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.30$1.64$3.66$9.73
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 12, 2025
Return Version
2024v5.2
Gross Receipts
$7,148,598
Mission and Program Overview

Mission

Our mission is to be a partner in the development of comprehensive community services designed to improve the quality of life for all people, with the primary emphasis on those with disabilities, by providing the necessary support programs to enable individuals to grow with dignity and achieve their highest level of independence and self fulfillment.

To provide a variety of programs and services to adults with intellectual and other developmental disabilities, including vocational, community-based employment services, day habilitation, and service coordination.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,334,663$1,385,545▲ $50,882
Accounts Receivable$610,824$991,322▲ $380,498
Investments in Publicly Traded Securities$874,170$910,215▲ $36,045
Inventories for Sale or Use$143,345$118,999▼ $24,346
Cash and Non-Interest-Bearing Accounts$325,856$105,731▼ $220,125
Prepaid Expenses and Deferred Charges$43,305$65,997▲ $22,692
Total Assets$4,032,694$4,127,336▲ $94,642
Other Assets Total$700,531$549,527▼ $151,004
Liabilities
Other Liabilities$420,497$469,065▲ $48,568
Accounts Payable and Accrued Expenses$285,943$322,305▲ $36,362
Mortgage Notes Payable Secured by Investment Property$146,288$142,674▼ $3,614
Deferred Revenue$76,630$44,311▼ $32,319
Total Liabilities$929,358$978,355▲ $48,997
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,103,336$3,148,981▲ $45,645
Total Net Assets Fund Balance$3,103,336$3,148,981▲ $45,645
Total Liabilities and Net Assets / Fund Balance$4,032,694$4,127,336▲ $94,642

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$241,445$3,692,521$3,933,966
Equipment$265,822$2,463,181$2,729,003
Buildings$734,446$619,822$1,354,268
Land$143,832-$143,832
Other Assets Org$2,234--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael WeaverFinance ManagerPT$49,601$15,913$65,514

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
MozaicManagement Services Agreement1083 WATERLOO-GENEVA ROAD, Waterloo, NY 13165$436,514
Oswego County OpportunitiesTransportation239 ONEIDA STREET, Fulton, NY 13069$361,610
Revenue and Support

Revenue Composition

Contributions and Grants
$997,771
Program Service Revenue
$5,749,210
Investment Income
$46,197
Other Revenue
$341,460
All Other Contributions
$47,117
Change in Net Assets
$46,587

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,134,638
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$9,142
Total Revenue per Audited Statements
$7,143,780
Total Revenue per Form 990
$7,134,638
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,477,167
Other Expenses$2,610,884
Total Fundraising Expense$9,570
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,323,668$333,812-$3,657,480
Fees for Services Management$184,777$341,933-$526,710
Payroll Taxes$387,190$44,225-$431,415
Occupancy$188,290$113,872-$302,162
Other Employee Benefits$267,164$15,508-$282,672
Depreciation Depletion$81,949$91,890-$173,839
Insurance$58,269$89,662-$147,931
Other Expenses$92,994$19,887$882$113,763
All Other Expenses$42,946$36,974$5,186$85,106
Information Technology$44,444$23,167-$67,611
Current Officers, Directors, Trustees, and Key Employees-$65,514-$65,514
Fees for Services Accounting-$46,150-$46,150
Pension Plan Contributions$36,084$4,002-$40,086
Travel$25,621$4,501-$30,122
Interest$26,876$49-$26,925
Office Expenses$8,392$16,130$37$24,559
Conferences and Meetings$1,727$5,134$3,465$10,326
Fees for Services Legal-$3,969-$3,969
Total Functional Expenses$5,777,938$1,300,543$9,570$7,088,051

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$7,098,135
Expenses per Audited Statements$7,088,051
Total Expenses per Form 990$7,088,051
Expenses Not Reported on Form 990$10,084
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$10,551
Fundraising Gross Income$10,551
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Casino Night$24,257$10,551$5,081$5,470
Total Events$24,257$10,551$10,551$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Finance Lease Liability$466,831
Operating Lease Liability$2,234
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

Oswego industries entered into a management services agreement with mozaic to provide management services. Under the terms of this agreement oswego industries received management services from several mozaic employees. Mozaic received $75,000 for executive leadership services provided by allen connely. Mozaic received $92,460 for administrative support and oversight services provided by tammy slayton. Mozaic received $111,000 for operations leadership services provided by lisa guernsey.

Form 990, Part VI, Section B, Line 11B

The organization will provide a draft copy of the irs form 990 to the treasurer of the board for review prior to completion and filing with the irs. The irs form 990 is reviewed with the full board of directors at their board meeting.

Form 990, Part VI, Section B, Line 12C

Conflict of interest policies are reviewed upon hire with the agency and on an annual basis thereafter. Board members, management and key employees are required to complete and sign a conflict of interest acknowledgement annually and notify the agency of potential conflicts. The corporate compliance officer and executive team review the acknowledgement for conflicts and notify the board of directors accordingly.

Form 990, Part VI, Section C, Line 19

In accordance with written policy, irs form 990 will be provided to any individual upon written or in person request without charge other than reasonable fees for copying and postage. Copies are available at the main office and www.guidestar.org or nys charities bureau website.

Filing and Contact Details

Filer

Filer Name
Oswego Industries Inc
EIN
16-2197163
Phone
3155983108
Address
7 MORRILL PLACE, FULTON, NY 13069

Signing Officer

Name
Allen Connely
Title
Executive Director
Phone
3155983108
Signed
2025-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Allen Connely
Formed
1968
Legal Domicile
Ny
Voting Board Members
10
Independent Board Members
10
Employees
188
Volunteers
10

Preparer

Firm
Bonadio & Co Llp
Address
171 SULLYS TRAIL SUITE 201, PITTSFORD, NY 14534
Preparer
Michael Vollmer
Phone
5853811000
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The audit oversight process has not changed in the current year.

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Special event fundraising expenses 10,084.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Special event fundraising expenses 10,084.

Raw XML AppendixShowing 400 of 610 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
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IRS990/MissionDesc0OUR MISSION IS TO BE A PARTNER IN THE DEVELOPMENT OF COMPREHENSIVE COMMUNITY SERVICES DESIGNED TO IMPROVE THE QUALITY OF LIFE FOR ALL PEOPLE, WITH THE PRIMARY EMPHASIS ON THOSE WITH DISABILITIES, BY PROVIDING THE NECESSARY SUPPORT PROGRAMS TO ENABLE INDIVIDUALS TO GROW WITH DIGNITY AND ACHIEVE THEIR HIGHEST LEVEL OF INDEPENDENCE AND SELF FULFILLMENT.
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IRS990/ProgSrvcAccomActy2Grp/Desc0VOCATIONAL: PROVIDES EMPLOYMENT SERVICES FOR INDIVIDUALS WITH INTELLECTUAL AND OTHER DEVELOPMENTAL DISABILITIES WITHIN A WORKSHOP AND IN THE COMMUNITY.
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IRS990/ProgSrvcAccomActy3Grp/Desc0JANITORIAL: PROVIDES EMPLOYMENT SERVICES FOR INDIVIDUALS WITH INTELLECTUAL AND OTHER DEVELOPMENTAL DISABILITIES IN THE COMMUNITY.
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IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt0899422
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