Civic Intelligence

Industrial Aid Inc.

990 • Fiscal year 2017 • EIN 43-0950642

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 15, 2017

4417 OleathaSt Louis, MO 63116

(314) 773-3200

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

58th percentile

0.24x

Higher debt load relative to assets than 58% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

68th percentile

0.40x

Higher debt load relative to revenue than 68% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

27th percentile

-3.5%

Higher net margin than 27% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

60th percentile

$141,080

Higher top officer pay than 60% of similar nonprofits.

Top officer pay equals 2.8% of source-year revenue.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Asset Growth

28th percentile

-1.7%

Faster asset growth than 28% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

70th percentile

15%

Faster revenue growth than 70% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Assets

Down

$8,333,842

Down $143,940 (-1.7%) from 2016

Net Assets

Down

$6,321,064

Down $142,477 (-2.2%) from 2016

Liabilities

Down

$2,012,778

Down $1,463 (-0.1%) from 2016

Revenue

Up

$5,044,077

Up $666,435 (+15%) from 2016

Expenses

Up

$5,221,480

Up $262,629 (+5.3%) from 2016

Net Income

Up

-$177,403

Up $403,806 (+69%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2011: $10,473,190Liabilities 2011: $2,053,960Net Assets 2011: $8,419,2302011Assets 2012: $10,029,457Liabilities 2012: $2,037,474Net Assets 2012: $7,991,9832012Assets 2013: $9,156,894Liabilities 2013: $1,886,220Net Assets 2013: $7,270,6742013Assets 2014: $9,144,200Liabilities 2014: $1,829,694Net Assets 2014: $7,314,5062014Assets 2015: $8,891,383Liabilities 2015: $1,826,714Net Assets 2015: $7,064,6692015Assets 2016: $8,477,782Liabilities 2016: $2,014,241Net Assets 2016: $6,463,5412016Assets 2017: $8,333,842Liabilities 2017: $2,012,778Net Assets 2017: $6,321,0642017Assets 2018: $7,786,996Liabilities 2018: $1,762,786Net Assets 2018: $6,024,2102018Assets 2019: $7,689,300Liabilities 2019: $1,760,363Net Assets 2019: $5,928,9372019Assets 2020: $7,295,461Liabilities 2020: $1,619,837Net Assets 2020: $5,675,6242020Assets 2021: $7,455,921Liabilities 2021: $1,000,770Net Assets 2021: $6,455,1512021Assets 2022: $7,320,716Liabilities 2022: $869,191Net Assets 2022: $6,451,5252022Assets 2023: $7,336,142Liabilities 2023: $753,610Net Assets 2023: $6,582,5322023Assets 2024: $7,663,655Liabilities 2024: $1,269,588Net Assets 2024: $6,394,0672024Assets 2025: $6,759,327Liabilities 2025: $459,301Net Assets 2025: $6,300,0262025

Highlighted filing

2017

Assets$8,333,842
Liabilities$2,012,778
Net Assets$6,321,064

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $3,676,3622011Expenses 2012: $3,840,2372012Expenses 2013: $3,714,3252013Revenue 2014: $4,154,218Expenses 2014: $4,155,134Net Income 2014: -$9162014Revenue 2015: $4,448,896Expenses 2015: $4,691,008Net Income 2015: -$242,1122015Revenue 2016: $4,377,642Expenses 2016: $4,958,851Net Income 2016: -$581,2092016Revenue 2017: $5,044,077Expenses 2017: $5,221,480Net Income 2017: -$177,4032017Revenue 2018: $4,638,248Expenses 2018: $4,922,748Net Income 2018: -$284,5002018Revenue 2019: $4,207,091Expenses 2019: $4,333,973Net Income 2019: -$126,8822019Revenue 2020: $4,053,732Expenses 2020: $4,234,645Net Income 2020: -$180,9132020Revenue 2021: $4,960,749Expenses 2021: $4,293,974Net Income 2021: $666,7752021Revenue 2022: $4,761,985Expenses 2022: $4,590,513Net Income 2022: $171,4722022Revenue 2023: $4,596,416Expenses 2023: $4,511,883Net Income 2023: $84,5332023Revenue 2024: $3,488,785Expenses 2024: $3,719,633Net Income 2024: -$230,8482024Revenue 2025: $3,700,006Expenses 2025: $3,764,067Net Income 2025: -$64,0612025

Highlighted filing

2017

Revenue$5,044,077
Expenses$5,221,480
Net Income-$177,403
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 15, 2017
Return Version
2016v3.0
Gross Receipts
$5,044,077
Mission and Program Overview

Mission

Sheltered workshop providing employment for developmentally disabled individuals.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$6,136,929$5,841,355▼ $295,574
Savings and Temporary Cash Investments$1,024,584$1,010,497▼ $14,087
Investments in Publicly Traded Securities$830,446$898,257▲ $67,811
Accounts Receivable$220,013$397,454▲ $177,441
Inventories for Sale or Use$25,252$83,126▲ $57,874
Prepaid Expenses and Deferred Charges$184,905$49,133▼ $135,772
Pledges and Grants Receivable$49,902$44,990▼ $4,912
Cash and Non-Interest-Bearing Accounts-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Total Assets$8,477,782$8,333,842▼ $143,940
Other Assets Total$5,751$9,030▲ $3,279
Liabilities
Tax Exempt Bond Liabilities$1,454,484$1,265,869▼ $188,615
Accounts Payable and Accrued Expenses$559,757$746,909▲ $187,152
Total Liabilities$2,014,241$2,012,778▼ $1,463
Net Assets / Fund Balance
Unrestricted Net Assets$6,463,541$6,321,064▼ $142,477
Total Net Assets Fund Balance$6,463,541$6,321,064▼ $142,477
Total Liabilities and Net Assets / Fund Balance$8,477,782$8,333,842▼ $143,940

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,954,064$4,527,733$9,481,797
Equipment$571,888$1,572,837$2,144,725
Other Land Buildings$32,907$318,340$351,247
Land$282,496-$282,496
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mike StroudExecutive DirectorFT$136,668$4,412$141,080

Board Members and Trustees

NameTitle
Lynn BeauchainePresident
Antonia BanksDirector
BRIAN O'CONNORDirector
Beverly WillersDirector
Chris HamlinDirector
Jim WillersDirector
Judy RyanDirector
Marge ZellerDirector
Mark ZellerDirector
Stacy AndrouasDirector
Suzanne FentonDirector
Tracy FlicekDirector
Allan EpsteinTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$589,017
Program Service Revenue
$4,406,773
Investment Income
$38,748
Other Revenue
$9,539
All Other Contributions
$3,780
Change in Net Assets
$-177,403

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,044,077
Revenue Not Reported on Form 990
$34,926
Total Revenue per Audited Statements
$5,079,003
Total Revenue per Form 990
$5,044,077
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,322,163
Other Expenses$1,899,317
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons$2,458,206$344,843-$2,803,049
Depreciation Depletion$393,631$54,926-$448,557
Payroll Taxes$195,137$39,520-$234,657
All Other Expenses$116,772$98,419-$215,191
Other Employee Benefits$105,541$37,836-$143,377
Current Officers, Directors, Trustees, and Key Employees-$141,080-$141,080
Insurance$106,675$15,007-$121,682
Other Expenses$46,114$20,921-$67,035
Interest$38,439$6,258-$44,697
Advertising-$28,821-$28,821
Fees for Services Other-$25,090-$25,090
Office Expenses-$24,733-$24,733
Travel-$22,616-$22,616
Total Functional Expenses$4,316,126$905,354$0$5,221,480

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,221,480
Total Expenses per Audited Statements$5,221,480
Total Expenses per Form 990$5,221,480
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Bond Issues

BondIssuerIssuedIssue PricePurpose
AIndus Dev Auth St Louis2012-03-28$1,921,668REFUND PRIOR ISSUE

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$1,921,668--$35,940

Bond Financing Compliance

Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Corrective action procedures
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

A member of the board is an officer at a company that is a vendor of industrial aid. Also, board members beverly and jim willers are mother and son.

Form 990, Part VI, Line 11B: Form 990 Review Process

Review of the form 990 will be performed by the finance committee before return is filed.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The policy committee evaluates the performance of the executive director each year. The executive director's salary may be increased as much as 3-5% as a result of the annual compensation review.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

The personnel committee schedules the performance and compensation evaluation process for general managers. Board approval is required for any compensation adjustment.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Form 990 is available for review upon request made at our office.

Filing and Contact Details

Filer

Filer Name
Industrial Aid Inc
EIN
43-0950642
Phone
3147733200
Address
4417 OLEATHA, ST LOUIS, MO 63116

Signing Officer

Name
Mike Stroud
Title
Executive Director
Signed
2017-11-15
Discuss with paid preparer
Yes

Organization Details

Formed
1970
Legal Domicile
Mo
Voting Board Members
14
Independent Board Members
14
Employees
336

Preparer

Firm
Bwtp Pc
Address
424 S Woods Mill Rd Suite 340, Chesterfield, MO 63017-3480
Preparer
Bradley R Gilmore CPA
Phone
3145761350
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IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
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IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt011928
IRS990ScheduleA/OtherIncome509Grp/TotalAmt042396
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.76$0.46$6.30$3.70$3.76$0.06
2024Detailed filing. Detailed filing data is available for this year.$7.66$1.27$6.39$3.49$3.72$0.23
2023Detailed filing. Detailed filing data is available for this year.$7.34$0.75$6.58$4.60$4.51$0.08
2022Detailed filing. Detailed filing data is available for this year.$7.32$0.87$6.45$4.76$4.59$0.17
2021Detailed filing. Detailed filing data is available for this year.$7.46$1.00$6.46$4.96$4.29$0.67
2020Detailed filing. Detailed filing data is available for this year.$7.30$1.62$5.68$4.05$4.23$0.18
2019Detailed filing. Detailed filing data is available for this year.$7.69$1.76$5.93$4.21$4.33$0.13
2018Detailed filing. Detailed filing data is available for this year.$7.79$1.76$6.02$4.64$4.92$0.28
2017Detailed filing. Detailed filing data is available for this year.$8.33$2.01$6.32$5.04$5.22$0.18
2016Detailed filing. Detailed filing data is available for this year.$8.48$2.01$6.46$4.38$4.96$0.58
2015Detailed filing. Detailed filing data is available for this year.$8.89$1.83$7.06$4.45$4.69$0.24
2014Detailed filing. Detailed filing data is available for this year.$9.14$1.83$7.31$4.15$4.16$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.16$1.89$7.27$3.71
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.0$2.04$7.99$3.84
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.5$2.05$8.42$3.68