READYONE INDUSTRIES INC: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
READYONE INDUSTRIES INC (EIN 74-2544266)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-11-14
IRS object ID
202203189349309390
Schema version
2021v4.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2022-11-14T12:55:49-06:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN742014723PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1LAUTERBACH BORSCHOW & COMPANY PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line14130 RIO BRAVO STREETAddressLine1Txt
CityEL PASOCityNm
State AbbreviationTXStateAbbreviationCd
ZIP79902ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN742544266EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1READYONE INDUSTRIES INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlREADBusinessNameControlTxt
Phone9158587277PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11414 ABILITY DRIVEAddressLine1Txt
CityEL PASOCityNm
State AbbreviationTXStateAbbreviationCd
ZIP79936ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLUPE SOTOPersonNm
Person TitleCHIEF FINANCIAL OFFICERPersonTitleTxt
Phone9158587277PhoneNum
Signature2022-11-11SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstLUPEPersonFirstNm
Person LastSOTOPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCINDY FIELDS CPAPreparerPersonNm
PTINP00061457PTIN
Phone9155446950PhoneNum
Preparation2022-11-11PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerLUPE SOTOPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11414 ABILITY DRIVEAddressLine1Txt
CityEL PASOCityNm
State AbbreviationTXStateAbbreviationCd
ZIP79936ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$73,579,392GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.READYONE.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1989FormationYr
Legal Domicile StateTXLegalDomicileStateCd
Activity Or MissionREADYONE INDUSTRIES IS COMMITTED TO PROVIDING A COMPETITIVELY INTEGRATED (CONTINUED ON SCHEDULE O) EMPLOYMENT ENVIRONMENT OFFERING OPPORTUNITIES FOR THOSE OF ALL ABILITIES, ETHNICITIES AND ORIENTATIONS TO ENSURE A DIVERSE AND INCLUSIVE WORKFORCE WHILE SUPPORTING OPPORTUNITIES FOR SELF-DETERMINATION AND SUCCESS IN BOTH PERSONAL AND PROFESSIONAL SETTINGS FOR THOSE WITH DISABILITIES.ActivityOrMissionDesc
Voting Members Governing Body7VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee817TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$96,557,569PYContributionsGrantsAmt
CY Contributions Grants$66,404,862CYContributionsGrantsAmt
PY Program Service Revenue$5,339,632PYProgramServiceRevenueAmt
CY Program Service Revenue$6,309,501CYProgramServiceRevenueAmt
PY Investment Income$340,956PYInvestmentIncomeAmt
CY Investment Income$318,628CYInvestmentIncomeAmt
PY Other Revenue$365,766PYOtherRevenueAmt
CY Other Revenue$546,401CYOtherRevenueAmt
PY Total Revenue$102,603,923PYTotalRevenueAmt
CY Total Revenue$73,579,392CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$17,918,369PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$16,027,669CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$85,143,389PYOtherExpensesAmt
CY Other Expenses$63,816,389CYOtherExpensesAmt
PY Total Expenses$103,061,758PYTotalExpensesAmt
CY Total Expenses$79,844,058CYTotalExpensesAmt
PY Revenues Less Expenses-$457,835PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$6,264,666CYRevenuesLessExpensesAmt
Total Assets BOY$82,380,053TotalAssetsBOYAmt
Total Assets EOY$60,180,340TotalAssetsEOYAmt
Total Liabilities BOY$21,719,636TotalLiabilitiesBOYAmt
Total Liabilities EOY$5,784,589TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$60,660,417NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$54,395,751NetAssetsOrFundBalancesEOYAmt
MissionTO PROVIDE EMPLOYMENT TO INDIVIDUALS WITH SIGNIFICANT DISABILITIES IN AN ENVIRONMENT THAT INSPIRES AND NURTURES SELF DETERMINATION AND SUCCESS. EMPLOYING 243 SEVERELY DISABLED INDIVIDUALS AT DECEMBER 31, 2021.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$78,462,407ExpenseAmt
Revenue$6,309,501RevenueAmt
DescTO PROVIDE EMPLOYMENT TO INDIVIDUALS WITH SIGNIFICANT DISABILITIES IN AN ENVIRONMENT THAT INSPIRES AND NURTURES SELF DETERMINATION AND SUCCESS. EMPLOYING 243 SEVERELY DISABLED INDIVIDUALS AT DECEMBER 31, 2021.Desc
Total Program Service Expenses$78,462,407TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded EntityYes (1)DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control Ent0TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document55IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee817EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members7GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LUPE SOTOBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9158587277PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11414 ABILITY DRIVEAddressLine1Txt
CityEL PASOCityNm
State AbbreviationTXStateAbbreviationCd
ZIP79936ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
ADOLPHO TELLES
DIRECTOR22.13Yes (X)$30,800$0$0
ROBERT ROCKEY
CHAIRMAN, DIRECTO23.77Yes (X)$62,040$0$0Yes (X)
NANCY HEIMBAUGH
SECRETARY, DIRECTOR13.81Yes (X)$41,420$0$0Yes (X)
LTG RET SOLOMON
DIRECTOR28.15Yes (X)$36,300$0$0
BRADLEY DAVIS
DIRECTOR22.14Yes (X)$40,700$0$0
CARMEN ARRIETA- CANDELARIA
DIRECTOR9.19Yes (X)$25,300$0$0
STEPHANIE KARR
DIRECTOR3.94Yes (X)$19,250$0$0
LUIS ALVAREZ
OUTGOING CEO/PRESIDENT60.00$144,375$0$8,468Yes (X)
WESLEY WELLONS
INCOMING PRESIDENT/COO60.00$230,385$0$24,408Yes (X)
MARIA G SOTO
CHIEF FINANCIAL OFFICER60.00$150,481$0$22,104Yes (X)
GERONIMO MEDINA
GENERAL MANAGER GARMENT DI60.00$145,385$0$898Yes (X)
LORETTA HEMSWORTH
DIRECTOR OF CORRUGATED50.00$129,600$0$10,356Yes (X)
MARIA E GOMEZ
DIRECTOR OF ENGINEERING40.00$107,726$0$898Yes (X)
MARIA I MERAZ
DIRECTOR OF CONTRACTS ADMI50.00$103,155$0$9,827Yes (X)
LORETTA ENRIQUEZ
DIRECTOR OF HUMAN RESOURCES50.00$115,865$0$831Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,382,782TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$77,790TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K8IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (3 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
CAREHERE
11024 PEBBLE HILLS BLVDEL PASOTX79936MEDICAL SERVICES$550,067
DISC-O-BED LP
2408 TECH CENTER PARKWAY STE 100LAWRENCEVILLEGA30043SUPPLIES$264,607
DC HOLDINGS LLC
20 MAIN STREET STE 2CLEOMINSTERMA01453CONSULTING$131,772
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K3CntrctRcvdGreaterThan100KCnt
Government Grants$66,404,862GovernmentGrantsAmt
Total Contributions$66,404,862TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescGARMENT AND PACKAGINGDesc
Business310000BusinessCd
Total Revenue Column$6,309,501TotalRevenueColumnAmt
Related Or Exempt Func Income$6,309,501RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$6,309,501TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$310,562TotalRevenueColumnAmt
Exclusion$310,562ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$282,971RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$0RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$282,971RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$282,971TotalRevenueColumnAmt
Exclusion$282,971ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Other$8,066OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Other$0OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Other$8,066OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$8,066TotalRevenueColumnAmt
Related Or Exempt Func Income$8,066RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER INCOMEDesc
Business900099BusinessCd
Total Revenue Column$263,430TotalRevenueColumnAmt
Exclusion$263,430ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$263,430OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$73,579,392TotalRevenueColumnAmt
Related Or Exempt Func Income$6,317,567RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$856,963ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$1,113,695TotalAmt
Program Services$820,765ProgramServicesAmt
Management And General$292,930ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$12,249,379TotalAmt
Program Services$12,015,862ProgramServicesAmt
Management And General$233,517ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$81,704TotalAmt
Program Services$80,854ProgramServicesAmt
Management And General$850ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,412,911TotalAmt
Program Services$1,412,911ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$1,169,980TotalAmt
Program Services$1,146,225ProgramServicesAmt
Management And General$23,755ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$292,331TotalAmt
Management And General$292,331ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$98,045TotalAmt
Management And General$98,045ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$246,259TotalAmt
Management And General$246,259ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$70,910TotalAmt
Program Services$70,910ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$381,954TotalAmt
Program Services$381,954ProgramServicesAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$448,853TotalAmt
Program Services$448,853ProgramServicesAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$26,880TotalAmt
Program Services$26,880ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$654,098TotalAmt
Program Services$654,098ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$222,792TotalAmt
Program Services$222,792ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$4,593TotalAmt
Program Services$4,593ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$1,198,160TotalAmt
Program Services$1,198,160ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$350,641TotalAmt
Program Services$211,913ProgramServicesAmt
Management And General$138,728ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
MATERIALS$55,970,082$55,970,082
BAD DEBT RESERVE$1,793,018$1,793,018
NISH COMMISSIONS$1,009,914$1,009,914
FREIGHT$905,743$905,743

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$142,116TotalAmt
Program Services$86,880ProgramServicesAmt
Management And General$55,236ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$79,844,058TotalAmt
Program Services$78,462,407ProgramServicesAmt
Management And General$1,381,651ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,026,602BOYAmt
EOY$9,635,037EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,251,639BOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$15,667,383BOYAmt
EOY$15,964,967EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$44,574,465BOYAmt
EOY$16,073,737EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$873,459BOYAmt
EOY$461,491EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$35,907,890LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$21,862,782LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$14,986,505BOYAmt
EOY$14,045,108EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$4,000,000BOYAmt
EOY$4,000,000EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$82,380,053BOYAmt
EOY$60,180,340EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$17,571,987BOYAmt
EOY$5,489,045EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$3,700,000BOYAmt
EOY$0EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$447,649BOYAmt
EOY$295,544EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$21,719,636BOYAmt
EOY$5,784,589EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$60,660,417BOYAmt
EOY$54,395,751EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$60,660,417BOYAmt
EOY$54,395,751EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$82,380,053BOYAmt
EOY$60,180,340EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$6,264,666ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$46,581,430CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$100,734,631CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$124,045,815CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$96,557,569CurrentTaxYearMinus1YearAmt
Current Tax Year$66,404,862CurrentTaxYearAmt
Total$434,324,307TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$9,307,047CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$12,085,980CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$7,472,889CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$5,339,632CurrentTaxYearMinus1YearAmt
Current Tax Year$6,309,501CurrentTaxYearAmt
Total$40,515,049TotalAmt

Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$143,195CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$903,521CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$302,208CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$24,900CurrentTaxYearMinus1YearAmt
Current Tax Year$8,066CurrentTaxYearAmt
Total$1,381,890TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$56,031,672CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$113,724,132CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$131,820,912CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$101,922,101CurrentTaxYearMinus1YearAmt
Current Tax Year$72,722,429CurrentTaxYearAmt
Total$476,221,246TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$476,221,246PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$210,862CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$335,618CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$385,866CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$316,056CurrentTaxYearMinus1YearAmt
Current Tax Year$310,562CurrentTaxYearAmt
Total$1,558,964TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$210,862CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$335,618CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$385,866CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$316,056CurrentTaxYearMinus1YearAmt
Current Tax Year$310,562CurrentTaxYearAmt
Total$1,558,964TotalAmt

Other Income509 OtherIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$74,504CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$21,773CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$15,114CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$231,363CurrentTaxYearMinus1YearAmt
Current Tax Year$263,430CurrentTaxYearAmt
Total$606,184TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$56,317,038CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$114,081,523CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$132,221,892CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$102,469,520CurrentTaxYearMinus1YearAmt
Current Tax Year$73,296,421CurrentTaxYearAmt
Total$478,386,394TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.99550PublicSupportCY509Pct
Public Support PY5090.99660PublicSupportPY509Pct
Investment Income CY0.00330InvestmentIncomeCYPct
Investment Income PY0.00270InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$2,327,122InvestmentCostOrOtherBasisAmt
Book Value$2,327,122BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$19,605,463InvestmentCostOrOtherBasisAmt
Depreciation$10,056,776DepreciationAmt
Book Value$9,548,687BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$13,574,849InvestmentCostOrOtherBasisAmt
Depreciation$11,567,739DepreciationAmt
Book Value$2,007,110BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$400,456InvestmentCostOrOtherBasisAmt
Depreciation$238,267DepreciationAmt
Book Value$162,189BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$14,045,108TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp

FieldValueIRS element (for citing)
DescROICOM USA, LLCDesc
Book Value$4,000,000BookValueAmt
Method ValuationCMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Securities$4,000,000TotalBookValueSecuritiesAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationPART IX, QUESTION 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE AGENCY AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE AGENCY HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE AGENCY, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2021, NO UNCERTAIN POSITIONS HAVE BEEN TAKEN OR ARE EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Independent ConsultantYes (X)IndependentConsultantInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgYes (1)CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgYes (1)CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
WESLEY WELLONS
INCOMING PRESIDENT/COO$230,385$0$0$0$0$0$2,304$0$22,104$0$254,793$0$0$0
MARIA G SOTO
CHIEF FINANCIAL OFFICER$150,481$0$0$0$0$0$0$0$22,104$0$172,585$0$0$0
LUIS ALVAREZ
OUTGOING CEO/PRESIDENT$144,375$0$0$0$0$0$1,100$0$7,368$0$152,843$0$0$0

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 5REVENUES WERE ONE OF SEVERAL FACTORS IN DETERMINING CEO'S COMPENSATION.
PART I, LINE 6NET EARNINGS WAS ONE OF THE SEVERAL FACTORS IN DETERMINING THE CEO'S COMPENSATION.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE AGENCY SENT THE COMPLETED FORM 990 TO EACH OF ITS BOARD MEMBERS AS WELL AS EXECUTIVE MANAGEMENT FOR THEIR REVIEW. THE PARTIES PROVIDED COMMENTS TO THE CFO WHO THEN DISCUSSED THEM WITH THE CHAIR OF THE AUDIT COMMITTEE AND AGENCY MANAGEMENT. THE AGENCY MADE APPROPRIATE CHANGES TO THE RETURN, AND REPORTED BACK TO THE BOARD OF DIRECTORS, WHO THEN APPROVED THE RETURN.
FORM 990, PART VI, SECTION B, LINE 12CTHE CONFLICT OF INTEREST POLICY STATES THAT EACH DIRECTOR, OFFICER, KEY EMPLOYEE AND COMMITTEE MEMBER MUST INFORM THE BOARD OF ANY POSITION HELD OR ANY ACTIVITY THAT MAY RESULT IN A POSSIBLE CONFLICT OF INTEREST OR BIAS AT THE TIME THE TRANSACTION IS UNDER CONSIDERATION BY THE BOARD. THE BOARD, DURING ITS MEETINGS, REGULARLY REMINDS ITS MEMBER OF DISCLOSING CONFLICTS OF INTEREST DURING ITS DISCUSSIONS. THE BOARD STRENGTHENED ITS POLICY BY REQUIRING EACH COVERED PERSON TO ANNUALLY AFFIRM COMPLIANCE WITH THE POLICY.
FORM 990, PART VI, SECTION B, LINE 15THE AGENCY HAS A COMPENSATION POLICY THAT GOVERNS THE PROCESS BY WHICH THE BOARD OF DIRECTORS ESTABLISHES COMPENSATION PAID TO ITS OFFICERS, DIRECTORS, AND KEY EMPLOYEES. A CRITICAL COMPONENT OF THE POLICY IS TO PREVENT READYONE FROM ENTERING INTO AN EXCESS BENEFIT TRANSACTION AND TO AFFORD THE PROTECTIONS OF THE REBUTTABLE PRESUMPTION OF REASONABLENESS WITH RESPECT TO KEY COMPENSATION ARRANGEMENTS. THE POLICY REQUIRES THAT AN ANNUAL REVIEW BE CONDUCTED OF OFFICERS, DIRECTORS AND KEY EMPLOYEES, AND THAT EACH DIRECTOR SIGN A STATEMENT AFFIRMING THE POLICY EACH YEAR. THE BOARD IS ALSO REQUIRED TO DETERMINE THAT EACH DIRECTOR VOTING ON THE COMPENSATION ARRANGEMENTS DOES NOT HAVE A CONFLICT OF INTEREST. AS PART OF THE ANNUAL REVIEW, EACH YEAR THE BOARD ENGAGES AN INDEPENDENT, QUALIFIED CONSULTING OR ACCOUNTING FIRM WITH EXPERTISE IN ESTABLISHING REASONABLE COMPENSATION. OFFICER AND KEY EMPLOYEE COMPENSATION IS ANALYZED ONE YEAR AND THE BOARD OF DIRECTOR'S COMPENSATION IS ANALYZED ALTERNATELY THE FOLLOWING YEAR, RESULTING IN A STUDY PERFORMED EVERY TWO YEARS FOR EACH CATEGORY OF COMPENSATION. IN ADDITION TO THE STUDY, THE BOARD AND MANAGEMENT REVIEW THE PROPOSED COMPENSATION FOR REASONABLENESS BY STUDYING COMPENSATION LEVELS BY SIMILAR TYPE ORGANIZATIONS, BOTH TAXABLE AND TAX EXEMPT, THE AVAILABILITY OF SIMILAR SERVICES IN THE AGENCY'S GEOGRAPHIC AREA, CURRENT COMPENSATION SURVEYS BY INDEPENDENT FIRMS, AND ACTUAL WRITTEN OFFERS FROM SIMILAR INSTITUTIONS.
FORM 990, PART VI, SECTION C, LINE 19THE AGENCY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1READYONE HOLDINGS LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11414 ABILITY DRIVEAddressLine1Txt
CityEL PASOCityNm
State AbbreviationTXStateAbbreviationCd
ZIP79936ZIPCd
FieldValueIRS element (for citing)
Primary ActivitiesINACTIVEPrimaryActivitiesTxt
Legal Domicile StateTXLegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1READYONE INDUSTRIES INCBusinessNameLine1Txt

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1ROICOM USA LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11414 ABILITY DRAddressLine1Txt
CityEL PASOCityNm
State AbbreviationTXStateAbbreviationCd
ZIP79936ZIPCd
FieldValueIRS element (for citing)
Primary ActivitiesGARMENT MANUFACTURINGPrimaryActivitiesTxt
Legal Domicile StateTXLegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1READYONE INDUSTRIES INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Entity TypeCEntityTypeTxt
Share Of EOY Assets$969,918ShareOfEOYAssetsAmt
Ownership1.00000OwnershipPct
Controlled OrganizationYes (1)ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsYes (1)ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgYes (1)LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth OrgYes (1)RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (1)PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (4 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
ROICOM
A$307,422COST
ROICOM
D$323,758COST
ROICOM
J$87,903COST
ROICOM
L$533,188COST

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