Civic Intelligence

Sheltered Industries of the Meramec

990 • Fiscal year 2024 • EIN 43-1467499

Jul 01, 2023 to Jun 30, 2024 • Filed on Sep 03, 2024

PO Box 354Sullivan, MO 63080

(573) 468-3888

Siviq Scores

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

Liabilities / Assets

47th percentile

0.10x

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

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

Liabilities / Revenue

29th percentile

0.06x

Higher debt load relative to revenue than 29% of similar nonprofits.

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

Net Margin

65th percentile

12%

Higher net margin than 65% of similar nonprofits.

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

Top Officer Pay

22nd percentile

$0

Higher top officer pay than 22% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

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

Asset Growth

84th percentile

25%

Faster asset growth than 84% of similar nonprofits.

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

Revenue Growth

47th percentile

6.5%

Faster revenue growth than 47% of similar nonprofits.

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

Assets

Up

$2,852,537

Up $579,048 (+25%) from 2023

Net Assets

Up

$2,561,334

Up $612,943 (+31%) from 2023

Liabilities

Down

$291,203

Down $33,895 (-10%) from 2023

Revenue

Up

$5,029,653

Up $305,572 (+6.5%) from 2023

Expenses

Up

$4,416,710

Up $52,319 (+1.2%) from 2023

Net Income

Up

$612,943

Up $253,253 (+70%) from 2023

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2012: $1,974,834Liabilities 2012: $372,074Net Assets 2012: $1,602,7602012Assets 2013: $1,865,932Liabilities 2013: $277,569Net Assets 2013: $1,588,3632013Assets 2017: $574,834Liabilities 2017: $216,141Net Assets 2017: $358,6932017Assets 2018: $631,897Liabilities 2018: $313,793Net Assets 2018: $318,1042018Assets 2019: $747,525Liabilities 2019: $224,702Net Assets 2019: $522,8232019Assets 2020: $1,012,224Liabilities 2020: $421,512Net Assets 2020: $590,7122020Assets 2021: $1,337,409Liabilities 2021: $246,076Net Assets 2021: $1,091,3332021Assets 2022: $1,844,295Liabilities 2022: $255,594Net Assets 2022: $1,588,7012022Assets 2023: $2,273,489Liabilities 2023: $325,098Net Assets 2023: $1,948,3912023Assets 2024: $2,852,537Liabilities 2024: $291,203Net Assets 2024: $2,561,3342024Assets 2025: $3,045,881Liabilities 2025: $341,883Net Assets 2025: $2,703,9982025

Highlighted filing

2024

Assets$2,852,537
Liabilities$291,203
Net Assets$2,561,334

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2012: $2,260,421Expenses 2012: $2,174,492Net Income 2012: $85,9292012Revenue 2013: $1,056,520Expenses 2013: $1,070,917Net Income 2013: -$14,3972013Revenue 2017: $3,424,729Expenses 2017: $3,551,022Net Income 2017: -$126,2932017Revenue 2018: $3,353,184Expenses 2018: $3,393,773Net Income 2018: -$40,5892018Revenue 2019: $4,007,955Expenses 2019: $3,803,236Net Income 2019: $204,7192019Revenue 2020: $3,811,498Expenses 2020: $3,743,609Net Income 2020: $67,8892020Revenue 2021: $4,298,068Expenses 2021: $3,797,447Net Income 2021: $500,6212021Revenue 2022: $4,503,851Expenses 2022: $4,006,483Net Income 2022: $497,3682022Revenue 2023: $4,724,081Expenses 2023: $4,364,391Net Income 2023: $359,6902023Revenue 2024: $5,029,653Expenses 2024: $4,416,710Net Income 2024: $612,9432024Revenue 2025: $4,548,716Expenses 2025: $4,406,052Net Income 2025: $142,6642025

Highlighted filing

2024

Revenue$5,029,653
Expenses$4,416,710
Net Income$612,943
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Sep 3, 2024
Return Version
2023v5.1
Gross Receipts
$5,029,653
Mission and Program Overview

Mission

To provide employment opportunities for physically and mentally handicapped individuals

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,810,122$2,298,190▲ $488,068
Accounts Receivable$370,175$384,964▲ $14,789
Land, Buildings, and Equipment, Net$10,722$94,458▲ $83,736
Inventories for Sale or Use$66,748$56,890▼ $9,858
Cash and Non-Interest-Bearing Accounts$11,773$13,600▲ $1,827
Prepaid Expenses and Deferred Charges$3,300$3,588▲ $288
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Total Assets$2,273,489$2,852,537▲ $579,048
Other Assets Total$649$847▲ $198
Liabilities
Accounts Payable and Accrued Expenses$270,250$234,576▼ $35,674
Other Liabilities$54,848$56,627▲ $1,779
Total Liabilities$325,098$291,203▼ $33,895
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,948,391$2,561,334▲ $612,943
Total Net Assets Fund Balance$1,948,391$2,561,334▲ $612,943
Total Liabilities and Net Assets / Fund Balance$2,273,489$2,852,537▲ $579,048

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$94,458$304,212$398,670
Compensation and Service Providers

Board Members and Trustees

NameTitle
Craig WaldePresident
Bob DixonDirector
Jeff LockDirector
Tony SchwarmDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$1,201,261
Program Service Revenue
$3,792,167
Investment Income
$25,512
Other Revenue
$10,713
All Other Contributions
$22,367
Change in Net Assets
$612,943

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,029,653
Total Revenue per Audited Statements
$5,029,653
Total Revenue per Form 990
$5,029,653
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,046,652
Salaries, Compensation, and Employee Benefits$1,370,058
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$2,112,486$230,893-$2,343,379
Other Salaries and Wages$1,260,295--$1,260,295
Occupancy$370,926--$370,926
Fees for Services Other$206,380--$206,380
Payroll Taxes$97,120--$97,120
Insurance$35,383--$35,383
Other Employee Benefits$9,278--$9,278
Depreciation Depletion$8,264--$8,264
Office Expenses$5,979$710-$6,689
Advertising-$4,495-$4,495
Pension Plan Contributions$3,365--$3,365
Travel$1,737--$1,737
Information Technology$186$21-$207
Other Expenses$58$22-$80
All Other Expenses$72--$72
Conferences and Meetings$36--$36
Total Functional Expenses$4,180,553$236,157$0$4,416,710

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,416,710
Total Expenses per Audited Statements$4,416,710
Total Expenses per Form 990$4,416,710
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

Other Reported Liabilities

LiabilityAmount
Accrued Payroll Liabilities$51,454
Due to Empac Group Inc$5,173
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
Yes
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
No

Governance Explanations

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

The board of directors review the form 990 at their monthly meeting prior to filing.

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

The board of directors review all activities of the organization monthly. Any activities that could be deemed as a conflict is questioned and corrected as needed.

Form 990, Part VI, Section B, Line 15A

The board of directors will review and adjust the compensation yearly using historical and comparable data.

Form 990, Part VI, Section C, Line 19

The governing documents, policies, and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Empac Industrial Resources Inc
EIN
43-1467499
Phone
5734683888
Address
PO BOX 354, SULLIVAN, MO 63080

Signing Officer

Name
Tim Poepsel
Title
CEO
Signed
2024-09-03
Discuss with paid preparer
Yes

Organization Details

Formed
1988
Legal Domicile
Mo
Voting Board Members
4
Independent Board Members
4
Employees
180

Preparer

Firm
Tochtrop & Associates Pc
Address
2 WAINWRIGHT ST STE 200, WASHINGTON, MO 63090
Preparer
Kevin J Tochtrop
Phone
6362396400
Raw XML AppendixShowing 400 of 457 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/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt04993428
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01810122
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02298190
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01201261
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01098369
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01092648
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01458347
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01075129
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt05925754
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt025512
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt06839
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01706
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01065
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0607
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt035729
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt016275190
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt010713
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt019867
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt017372
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt033908
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt023818
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0105678
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.97670
IRS990ScheduleA/PublicSupportPY170Pct00.98010
IRS990ScheduleA/PublicSupportTotal170Amt05925754
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01201261
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01098369
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01092648
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01458347
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01075129
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05925754
IRS990ScheduleA/TotalSupportAmt06067161
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt094458
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0304212
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0398670
IRS990ScheduleD/ExpensesSubtotalAmt04416710
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt051454
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt15173
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED PAYROLL LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO EMPAC GROUP INC
IRS990ScheduleD/RevenueSubtotalAmt05029653
IRS990ScheduleD/TotalBookValueLandBuildingsAmt094458
IRS990ScheduleD/TotalExpensesPerForm990Amt04416710
IRS990ScheduleD/TotalLiabilityAmt056627
IRS990ScheduleD/TotalRevenuePerForm990Amt05029653
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05029653
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04416710
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS REVIEW THE FORM 990 AT THEIR MONTHLY MEETING PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS REVIEW ALL ACTIVITIES OF THE ORGANIZATION MONTHLY. ANY ACTIVITIES THAT COULD BE DEEMED AS A CONFLICT IS QUESTIONED AND CORRECTED AS NEEDED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS WILL REVIEW AND ADJUST THE COMPENSATION YEARLY USING HISTORICAL AND COMPARABLE DATA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0true
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0EMPAC GROUP INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0461553841
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PROVIDE EMPLOYMENT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0PO BOX 354
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0SULLIVAN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd063080
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0true
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0true
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0true
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt017252
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1228000
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt21538364
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt3577015
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0AWARD LETTER
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1SQUARE FOOT
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt2PAYROLL RECORDS
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt3INVOICES
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0EMPAC GROUP INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1EMPAC GROUP INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2EMPAC GROUP INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt3EMPAC GROUP INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0c
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1k
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2o
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt3p
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02273489
IRS990/TotalAssetsEOYAmt02852537
IRS990/TotalAssetsGrp/BOYAmt02273489
IRS990/TotalAssetsGrp/EOYAmt02852537
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01201261
IRS990/TotalEmployeeCnt0180
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00

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