2018-09-04T17:29:03-05:00 2017-12-31 742014723 LAUTERBACH BORSCHOW & COMPANY PC 4130 RIO BRAVO STREET EL PASO TX 79902 990 2017-01-01 742544266 READYONE INDUSTRIES INC READ 9158587277 1414 ABILITY DRIVE EL PASO TX 79936 MICHAEL MASON CHIEF FINANCIAL OFFICER 9158587277 2018-08-31 1 CINDY LYONS FIELDS CPA P00061457 9155446950 2018-08-31 2017 2022-09-23 18:48:47Z MICHAEL MASON 1414 ABILITY DRIVE EL PASO TX 79936 56437814 0 X WWW.READYONE.ORG X 1989 TX READYONE INDUSTRIES PROVIDES EMPLOYMENT OPPORTUNITIES TO PEOPLE WITH (CONTINUED ON SCHEDULE O) SEVERE DISABILITIES, PRINCIPALLY THROUGH THE MANUFACTURE AND DELIVERY OF PRODUCTS AND SERVICES TO THE FEDERAL GOVERNMENT UNDER THE ABILITYONE PROGRAM. OUR PRIMARY PRODUCTS ARE MILITARY UNIFORMS AND CARDBOARD PRODUCTS. 7 7 1044 0 0 0 74734021 46581430 9445792 9307047 80227 312057 220629 116504 84480669 56317038 6315 4500 0 0 20182439 18395620 0 0 0 65762750 43748544 85951504 62148664 -1470835 -5831626 66478972 68089680 4378392 11820726 62100580 56268954 TO PROVIDE EMPLOYMENT TO INDIVIDUALS WITH SIGNIFICANT DISABILITIES IN AN ENVIRONMENT THAT INSPIRES AND NURTURES SELF DETERMINATION AND SUCCESS. EMPLOYING 439 SIGNIFICANTLY DISABLED INDIVIDUALS AT DECEMBER 30, 2017. 0 0 60807935 4500 9307047 TO PROVIDE EMPLOYMENT TO INDIVIDUALS WITH SIGNIFICANT DISABILITIES IN AN ENVIRONMENT THAT INSPIRES AND NURTURES SELF DETERMINATION AND SUCCESS. EMPLOYING 439 SIGNIFICANTLY DISABLED INDIVIDUALS AT DECEMBER 30, 2017. 60807935 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 0 1 63 0 1 1044 1 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X MICHAEL MASON 9158587277 1414 ABILITY DRIVE EL PASO TX 79936 ADOLPHO TELLES DIRECTOR 1.25 X 1598 0 0 GARY HEDRICK OUTGOING CHAIRMAN, DIRECTOR 1.76 X X 38063 0 0 MARINA ARDOVINO DIRECTOR 2.04 X 22000 0 0 ROBERT ROCKEY INCOMING CHAIRMAN, DIRECTOR 3.36 X X 32837 0 0 NANCY HEIMBAUGH SECRETARY, DIRECTOR 8.28 X X 44700 0 0 LTG RET SOLOMON DIRECTOR 6.51 X 42500 0 0 BRADLEY DAVIS DIRECTOR 4.80 X 33000 0 0 CARMEN ARRIETA- CANDELARIA DIRECTOR 2.47 X 26250 0 0 TONY MARTINEZ CEO/PRESIDENT 48.00 X 221507 0 5521 MICHAEL MASON CHIEF FINANCIAL OFFICER 64.00 X 192967 0 16213 CYNTHIA DEHARO VP OF PRODUCTS 48.00 X 198287 0 16216 THOMAS GREGORY AHMANN INTERIM CEO/PRESIDENT 52.00 X 250962 0 869 LUIS ALVAREZ CEO/PRESIDENT 52.00 X 18750 0 0 LORETTA HEMSWORTH DIRECTOR OF CORRUGATED 51.25 X 110961 0 10213 1234382 0 49032 5 0 1 0 SPECTRUM IMAGING SYSTEMS 5900 GATEWAY BLVD EAST EL PASO TX 79905 COMPUTER SERVICES 261585 MIA VENTURES LLC DBA ARTCO PROTECTIVE S 11450 ROJAS DR SUITE D-13 EL PASO TX 79936 SECURITY SERVICES 187210 HEIDRICK & STRUGGLES 1133 PAYSPHERE CR CHICAGO IL 60674 EXECUTIVE EMPLOYMENT CONSULTANT 180194 R&L MIMBELA ENTERPRISES LLC 700 EAGLE DR ANTHONY NM 88021 BUILDING CONTRACTOR 149875 PYROCOM SYSTEMS INC 820 KASTRIN ST EL PASO TX 79907 SECURITY SERVICES 121586 5 46581430 46581430 GARMENT AND PACKAGING 310000 9307047 9307047 9307047 210862 210862 42000 0 42000 42000 42000 221971 120776 101195 101195 101195 OTHER INCOME 900099 74504 74504 74504 56317038 9408242 0 327366 4500 4500 1128673 859301 269372 13589853 13234056 355797 102119 100880 1239 2018761 2018761 1556214 1514787 41427 101660 15436 86224 100000 100000 369866 369866 55536 55536 379702 379702 548179 548179 92689 92689 668767 668767 169945 169945 4126 4126 4688 4688 1145753 1145753 252161 144446 107715 MATERIALS 37774534 37774534 NISH COMMISSIONS 997438 997438 FREIGHT 817217 817217 FACTORY CLEANING SUPPLI 179984 179984 86299 81898 4401 62148664 60807935 1340729 0 28915558 7542942 1721240 1725921 6244368 13516803 9072534 22482085 304634 340342 43411357 22929770 20220638 20481587 2000000 66478972 68089680 3878392 11820726 500000 4378392 11820726 X 62100580 56268954 62100580 56268954 66478972 68089680 -5831626 0 X 0 1 X 1 0 X 100369387 90619941 57367047 74734021 46581430 369671826 10534299 8727394 9428807 9445792 9307047 47443339 139392 232217 205628 143195 720432 110903686 99486727 67028071 84385441 56031672 417835597 0 0 0 417835597 19696 16515 23576 80227 210862 350876 19696 16515 23576 80227 210862 350876 657670 21597 22622 15001 74504 791394 111581052 99524839 67074269 84480669 56317038 418977867 0.99730 0.99670 0.00080 0.00040 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4927122 4927122 21131116 8641719 12489397 11932895 9865623 2067272 5420224 4422428 997796 20481587 X PART X, LINE 2: PART 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 30, 2017, 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. X X X X 1 0 0 1 0 1 0 0 0 TONY MARTINEZ CEO/PRESIDENT 221507 0 0 0 0 0 621 0 4900 0 227028 0 0 0 MICHAEL MASON CHIEF FINANCIAL OFFICER 184428 0 0 0 8539 0 10333 0 5880 0 209180 0 2667 0 CYNTHIA DEHARO VP OF PRODUCTS 185478 0 0 0 12809 0 10336 0 5880 0 214503 0 4000 0 THOMAS GREGORY AHMANN INTERIM CEO/PRESIDENT 250962 0 0 0 0 0 0 0 869 0 251831 0 0 0 PART I, LINE 4A DURING THE YEAR, SEVERANCE PAYMENTS WERE MADE PURSUANT TO A CONFIDENTIAL AGREEMENT. ALL AMOUNTS PAID HAVE BEEN PROPERLY REPORTED ON FORM W-2 AND DISCLOSED IN FORM 990, PART VII AND SCHEDULE J, PART II, IF REQUIRED. DUE TO THE CONFIDENTIAL NATURE OF THE ARRANGEMENT, THE DETAILS ARE AVAILABLE ONLY TO THE IRS UPON REQUEST. PART I, LINE 5 REVENUES WERE ONE OF SEVERAL FACTORS IN DETERMINING CEO'S COMPENSATION. PART I, LINE 6 NET EARNINGS WAS ONE OF THE SEVERAL FACTORS IN DETERMINING THE CEO'S COMPENSATION. FORM 990, PART VI, SECTION B, LINE 11B THE 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 12C THE 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 15 THE 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 19 THE AGENCY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. READYONE HOLDINGS LLC 1414 ABILITY DRIVE EL PASO TX 79936 INACTIVE TX READYONE INDUSTRIES INC ROICOM USA LLC 1414 ABILITY DR EL PASO TX 79936 GARMENT MANUFACTURING TX READYONE INDUSTRIES INC C 4923484 1.00000 1 1 1 0 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 ROICOM A 186881 COST ROICOM B 2000000 COST ROICOM D 5280290 COST ROICOM J 57903 COST ROICOM L 752816 COST