Civic Intelligence

Rockbridge Area Occupational Center Inc

EIN 54-1371283 • 501(c)3 • Lexington, VA

Profile

Create a working environment where people with disabilities can effectively and safely be engaged in productive endeavors.

210 South Randolph StreetLexington, VA 24450

www.raoc.org

Siviq Scores

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

Liabilities / Assets

95th percentile

1.50x

Higher debt load relative to assets than 95% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

93rd percentile

0.61x

Higher debt load relative to revenue than 93% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

11th percentile

-84%

Higher net margin than 11% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

91st percentile

$36,058

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 22.7% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

18th percentile

-55%

Faster asset growth than 18% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

26th percentile

-32%

Faster revenue growth than 26% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$64,790

Down $79,487 (-55%) from 2017

Liabilities

Up

$96,888

Up $53,943 (+126%) from 2017

Net Assets

Down

-$32,098

Down $133,430 (-132%) from 2017

Revenue

Down

$159,189

Down $74,042 (-32%) from 2017

Expenses

Up

$292,619

Up $13,070 (+4.7%) from 2017

Net Income

Down

-$133,430

Down $87,112 (-188%) from 2017

Trend Graphs

Balance Sheet Trend

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

$300K$200K$100K$0-$100KAssets 2011: $251,424Liabilities 2011: $22,674Net Assets 2011: $228,7502011Assets 2012: $244,713Liabilities 2012: $12,874Net Assets 2012: $231,8392012Assets 2013: $232,034Liabilities 2013: $12,588Net Assets 2013: $219,4462013Assets 2014: $213,843Liabilities 2014: $14,430Net Assets 2014: $199,4132014Assets 2015: $185,955Liabilities 2015: $15,071Net Assets 2015: $170,8842015Assets 2016: $161,317Liabilities 2016: $17,467Net Assets 2016: $143,8502016Assets 2017: $144,277Liabilities 2017: $42,945Net Assets 2017: $101,3322017Assets 2018: $64,790Liabilities 2018: $96,888Net Assets 2018: -$32,0982018

Highlighted filing

2018

Assets$64,790
Liabilities$96,888
Net Assets-$32,098

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $550,6542011Revenue 2012: $374,205Expenses 2012: $371,116Net Income 2012: $3,0892012Revenue 2013: $361,359Expenses 2013: $373,559Net Income 2013: -$12,2002013Revenue 2014: $345,279Expenses 2014: $365,484Net Income 2014: -$20,2052014Revenue 2015: $381,466Expenses 2015: $409,922Net Income 2015: -$28,4562015Revenue 2016: $359,509Expenses 2016: $383,655Net Income 2016: -$24,1462016Revenue 2017: $233,231Expenses 2017: $279,549Net Income 2017: -$46,3182017Revenue 2018: $159,189Expenses 2018: $292,619Net Income 2018: -$133,4302018

Highlighted filing

2018

Revenue$159,189
Expenses$292,619
Net Income-$133,430

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Sep 20, 2018
Return Version
2017v2.3
Gross Receipts
$229,302
Mission and Program Overview

Mission

Create a working environment where people with disabilities can effectively and safely be engaged in productive endeavors.

Community-based activities and employment for handicapped individuals

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$61,536$54,416▼ $7,120
Savings and Temporary Cash Investments$47,289--
Cash and Non-Interest-Bearing Accounts$21,359$6,726▼ $14,633
Prepaid Expenses and Deferred Charges$4,425--
Pledges and Grants Receivable$4,000--
Accounts Receivable$5,348$3,648▼ $1,700
Inventories for Sale or Use$320--
Total Assets$144,277$64,790▼ $79,487
Liabilities
Mortgage Notes Payable Secured by Investment Property-$93,067-
Accounts Payable and Accrued Expenses$42,945$3,821▼ $39,124
Total Liabilities$42,945$96,888▲ $53,943
Net Assets / Fund Balance
Temporarily Rstr Net Assets$4,000$0▼ $4,000
Unrestricted Net Assets$97,332$-32,098▼ $129,430
Total Net Assets Fund Balance$101,332$-32,098▼ $133,430
Total Liabilities and Net Assets / Fund Balance$144,277$64,790▼ $79,487

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$36,500$161,957$198,457
Land$17,916-$17,916
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Laurie MacraeExecutive DirectorPT$36,058$36,058

Board Members and Trustees

NameTitle
Vicki TurnerChair
Stacy TaylorDirector
Tasha WalshDirector
Ann GrunerSecretary
Peggy BlackburnTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$95,320
Program Service Revenue
$45,494
Investment Income
$18,340
Other Revenue
$35
All Other Contributions
$76,577
Change in Net Assets
$-133,430
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$176,677
Other Expenses$115,942
Total Fundraising Expense$522
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$51,625$61,175-$112,800
Fees for Services Other$50,765$598-$51,363
Current Officers, Directors, Trustees, and Key Employees-$36,058-$36,058
Other Employee Benefits$6,952$9,171-$16,123
Depreciation Depletion$13,524--$13,524
Payroll Taxes$4,056$7,640-$11,696
Insurance$6,837$1,417-$8,254
Occupancy$7,414--$7,414
Office Expenses-$3,210$522$3,732
All Other Expenses$1,893$1,646-$3,539
Advertising-$3,092-$3,092
Fees for Services Accounting-$3,000-$3,000
Interest-$2,651-$2,651
Information Technology-$2,296-$2,296
Travel$1,817--$1,817
Other Expenses$6,296$1,646-$1,646
Conferences and Meetings-$221-$221
Total Functional Expenses$151,179$140,918$522$292,619
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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 A, Line 8B

The organization has no committees with the authority to act on behalf of the governing body.

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

The finance committee and the executive director review the form 990 before it is filed.

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

Any possible conflicts are addressed at regular board meetings.

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

The personnel committee reviews and recommends the compensation package for the executive director. The board votes on approval, which is documented in the board minutes.

Form 990, Part VI, Section C, Line 18

Forms 1023 and 990 are available at www.guidestar.org or upon request in hard copy.

Form 990, Part VI, Section C, Line 19

Documentation is available upon request in hard copy.

Filing and Contact Details

Filer

Filer Name
Rockbridge Area Occupational Center Inc
EIN
54-1371283
Phone
5404602800
Address
210 SOUTH RANDOLPH STREET, LEXINGTON, VA 24450

Signing Officer

Name
Vicki Turner
Title
Chair
Phone
5404602800
Signed
2018-09-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Vicki Turner
Formed
1986
Legal Domicile
Va
Voting Board Members
5
Independent Board Members
5
Employees
12
Volunteers
0

Preparer

Firm
Raetz & Hawkins Pc Cpas
Address
128 SOUTH RANDOLPH STREET, LEXINGTON, VA 24450-0916
Preparer
David B Hawkins
Phone
5404637121
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Strategic planning: program service expenses 50,765. Management and general expenses 598. Fundraising expenses 0. Total expenses 51,363.

Form 990, Part IX, Line 24E

Equipment maintenance: program service expenses 1,113. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,113. Bank & transaction charges: program service expenses 0. Management and general expenses 818. Fundraising expenses 0. Total expenses 818. Materials & supplies: program service expenses 717. Management and general expenses 0. Fundraising expenses 0. Total expenses 717. Licenses & permits: program service expenses 0. Management and general expenses 479. Fundraising expenses 0. Total expenses 479. Postage & shipping: program service expenses 0. Management and general expenses 349. Fundraising expenses 0. Total expenses 349. Client recreation: program service expenses 63. Management and general expenses 0. Fundraising expenses 0. Total expenses 63.

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IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01042495
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt01162
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt05
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt013
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt048
IRS990ScheduleA/OtherIncome170Grp/TotalAmt01228
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.66180
IRS990ScheduleA/PublicSupportPY170Pct00.74130
IRS990ScheduleA/PublicSupportTotal170Amt0275778
IRS990ScheduleA/SubstantialContributorsTotAmt0138200
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt095320
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt090650
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt093384
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt077529
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt057095
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0413978
IRS990ScheduleA/TotalSupportAmt0416717
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt036500
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0161957
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0198457
IRS990ScheduleD/LandGrp/BookValueAmt017916
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt017916
IRS990ScheduleD/TotalBookValueLandBuildingsAmt054416
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FINANCE COMMITTEE AND THE EXECUTIVE DIRECTOR REVIEW THE FORM 990 BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANY POSSIBLE CONFLICTS ARE ADDRESSED AT REGULAR BOARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PERSONNEL COMMITTEE REVIEWS AND RECOMMENDS THE COMPENSATION PACKAGE FOR THE EXECUTIVE DIRECTOR. THE BOARD VOTES ON APPROVAL, WHICH IS DOCUMENTED IN THE BOARD MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FORMS 1023 AND 990 ARE AVAILABLE AT WWW.GUIDESTAR.ORG OR UPON REQUEST IN HARD COPY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DOCUMENTATION IS AVAILABLE UPON REQUEST IN HARD COPY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6STRATEGIC PLANNING: PROGRAM SERVICE EXPENSES 50,765. MANAGEMENT AND GENERAL EXPENSES 598. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 51,363.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7EQUIPMENT MAINTENANCE: PROGRAM SERVICE EXPENSES 1,113. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,113. BANK & TRANSACTION CHARGES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 818. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 818. MATERIALS & SUPPLIES: PROGRAM SERVICE EXPENSES 717. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 717. LICENSES & PERMITS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 479. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 479. POSTAGE & SHIPPING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 349. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 349. CLIENT RECREATION: PROGRAM SERVICE EXPENSES 63. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 63.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART IX, LINE 24E
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0VA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt04000
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0144277
IRS990/TotalAssetsEOYAmt064790
IRS990/TotalAssetsGrp/BOYAmt0144277
IRS990/TotalAssetsGrp/EOYAmt064790
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt095320
IRS990/TotalEmployeeCnt012
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0522
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0140918
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0151179
IRS990/TotalFunctionalExpensesGrp/TotalAmt0292619
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt042945
IRS990/TotalLiabilitiesEOYAmt096888
IRS990/TotalLiabilitiesGrp/BOYAmt042945
IRS990/TotalLiabilitiesGrp/EOYAmt096888
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0101332
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-32098
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0151179
IRS990/TotalProgramServiceRevenueAmt045494
IRS990/TotalReportableCompFromOrgAmt036058
IRS990/TotalRevenueGrp/ExclusionAmt018340
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt045529
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0159189
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0144277
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt064790
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt01817
IRS990/TravelGrp/TotalAmt01817
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt097332
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-32098
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0210 SOUTH RANDOLPH STREET
IRS990/USAddress/CityNm0LEXINGTON
IRS990/USAddress/StateAbbreviationCd0VA
IRS990/USAddress/ZIPCd024450
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0VICKI TURNER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum05404602800
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-09-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ROCKBRIDGE AREA OCCUPATIONAL CENTER INC
ReturnHeader/Filer/BusinessNameControlTxt0ROCK
ReturnHeader/Filer/EIN0541371283
ReturnHeader/Filer/PhoneNum05404602800
ReturnHeader/Filer/USAddress/AddressLine1Txt0210 SOUTH RANDOLPH STREET
ReturnHeader/Filer/USAddress/CityNm0LEXINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd024450
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0FC93B99835399300F37333CC3D657542F3CFC40D
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0DDDB6DD4DA98E49E50349DA686EB9EFE1E018601
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0199.244.105.69
ReturnHeader/FilingSecurityInformation/IPDt02018-09-20
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED

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