MATCO INDUSTRIES INC

EIN: 310838958 501(c)(3) Employment

LONDON, OH

Total Revenue
$483,019
Total Expenses
$409,757
Total Assets
$1,389,556
Net Assets
$1,023,071
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1975
Legal Domicile
OH
Principal Officer
VAN A VINEY
Phone
7408527054
Tax Period
2023-01-01 to 2023-12-31

MATCO INDUSTRIES INC, founded in 1975, is a small nonprofit in the Employment sector that reported $483K in total revenue in fiscal year 2023. Revenue fell 25% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $73K, a strong 15% operating margin.

Mission

TO PROVIDE COMPREHENSIVE VOCATIONAL, NON-VOCATIONAL, AND HABILITATIVE SERVICES TO ADULTS WITH DISABILITIES AND OTHER HIGH NEED INDIVIDUALS.

Program Service Accomplishments

Program 1
Expenses: $259,903

PROVIDE A WIDE VARIETY OF PERSONALIZED SERVICES TO ADULTS WITH DISABILITIES AND OTHER HIGH NEED INDIVIDUALS. ADULT DAY SERVICES 4257 DAYS OF SERVICE: THE GOAL OF ADS IS TO BUILD SOCIAL SKILLS...

Read more

PROVIDE A WIDE VARIETY OF PERSONALIZED SERVICES TO ADULTS WITH DISABILITIES AND OTHER HIGH NEED INDIVIDUALS. ADULT DAY SERVICES 4257 DAYS OF SERVICE: THE GOAL OF ADS IS TO BUILD SOCIAL SKILLS, COMMUNITY CONNECTIONS, INDEPENDENCE, AND ACTIVITIES OF DAILY LIVING. ADULT DAY SERVICES IS SHIFTING TO A COMMUNITY-BASED FOCUS AND CONTINUING FACILITY-BASED SERVICES FOR INDIVIDUALS BASED ON THEIR INDIVIDUAL SERVICE PLANS.

Program 2

VOCATIONAL SERVICES - 4634 DAYS OF SERVICE: THE GOAL OF VOC HAB IS TO GET THE SKILLS TO EVENTUALLY HAVE A JOB IN THE COMMUNITY. TEACHING VOCATIONAL SKILLS USING ACTUAL CONTRACTED WORK PROJECTS AS...

Read more

VOCATIONAL SERVICES - 4634 DAYS OF SERVICE: THE GOAL OF VOC HAB IS TO GET THE SKILLS TO EVENTUALLY HAVE A JOB IN THE COMMUNITY. TEACHING VOCATIONAL SKILLS USING ACTUAL CONTRACTED WORK PROJECTS AS WELL AS VOLUNTEER EXPERIENCES WILL HELP TO ENHANCE INDIVIDUALS ON THE PATH TO EMPLOYMENT TO ACHIEVE THEIR DREAM OF COMMUNITY-BASED EMPLOYMENT.

Program 3

NON-MEDICAL TRANSPORTATION - 4790 TRIPS; THE GOAL OF NMT IS TO GET TO AND FROM DAY SERVICES. THIS SERVICE CAN BE EXPANDED IN THE FUTURE TO ASSIST INDIVIDUALS IN GETTING TO AND FROM THEIR PLACES OF...

Read more

NON-MEDICAL TRANSPORTATION - 4790 TRIPS; THE GOAL OF NMT IS TO GET TO AND FROM DAY SERVICES. THIS SERVICE CAN BE EXPANDED IN THE FUTURE TO ASSIST INDIVIDUALS IN GETTING TO AND FROM THEIR PLACES OF EMPLOYMENT, TECHNICAL PROGRAMS AND COLLEGE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $22,668
Program Service Revenue $0
Investment Income $11
Other Revenue $460,340
TOTAL REVENUE $483,019

Expense Breakdown

Grants Paid $0
Salaries & Benefits $168,896
Fundraising Expenses $0
Program Expenses $259,903
Other Expenses $240,861
TOTAL EXPENSES $409,757

Year-over-Year Comparison

2023 2022 Change
Revenue $483,019 $641,380 -0.2%
Expenses $409,757 $370,916 +0.1%
Net Income $73,262 $270,464 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
6
Independent Members
6
Employees
61
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$112,724
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VAN A VINEY CEO 40.00
Officer
$112,724 $0 $112,724
DAVID BEICKMAN VICE CHAIRPE 2.00
Officer Director
$0 $0 $0
GARY BOGAN SECRETARY/TR 2.00
Officer Director
$0 $0 $0
CATHY BROCKMAN CHAIRPERSON 2.00
Director
$0 $0 $0
GREG KAVY MEMBER 2.00
Director
$0 $0 $0
JOHN MITCHEM MEMBER 2.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $483,019 $409,757 $1,389,556 $73,262
2022 $641,380 $370,916 $1,356,322 $270,464
2021 $374,423 $423,544 $1,295,165 $-49,121
2020 $41,138 $476,239 $1,402,540 $-435,101
2019 $318,322 $529,398 $1,743,057 $-211,076
2018 $326,849 $542,116 $1,997,083 $-215,267
Explore More Nonprofits
Top 100 Nonprofits in Ohio Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare MATCO INDUSTRIES INC with other nonprofits in Ohio and across the country.