RT INDUSTRIES INC

EIN: 310855035 501(c)(3)

TROY, OH

Total Revenue
$4,713,116
Total Expenses
$4,380,037
Total Assets
$4,722,885
Net Assets
$4,537,354
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Financial Trends

Organization Details

Formation Year
1974
Legal Domicile
OH
Principal Officer
ASHLEY BROCIOUS
Phone
9373355784
Tax Period
2024-01-01 to 2024-12-31

RT INDUSTRIES INC, founded in 1974, is a community nonprofit that reported $4.7M in total revenue in fiscal year 2024. Revenue surged 42% from the prior year, signaling strong growth momentum. Expenses of $4.4M left a modest 7% surplus.

Mission

HELPING PEOPLE ACHIEVE PERSONAL SUCCESS BY DEVELOPING SKILLS TO CONFIDENTLY WORK, INTERACT AND THRIVE IN THE COMMUNITY

Program Service Accomplishments

Program 1
Expenses: $4,305,363

2024 WAS A YEAR OF IMPACT NOT ONLY DID WE PROUDLY CELEBRATE A MAJOR MILESTONE - 50 YEARS OF DEDICATED SERVICE - BUT WE ALSO WITNESSED A HISTORIC BREAKTHROUGH IN FUNDING. AFTER 15 YEARS OF STAGNANT...

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2024 WAS A YEAR OF IMPACT NOT ONLY DID WE PROUDLY CELEBRATE A MAJOR MILESTONE - 50 YEARS OF DEDICATED SERVICE - BUT WE ALSO WITNESSED A HISTORIC BREAKTHROUGH IN FUNDING. AFTER 15 YEARS OF STAGNANT RATES, A 38% INCREASE IN FUNDING FOR SERVICE LINES THROUGH THE DEPARTMENT OF DEVELOPMENTAL DISABILITIES WAS APPROVED BY STATE OFFICIALS AND GOVERNOR DEWINE. THIS UNPRECEDENTED INCREASE ALLOWED RT TO MAKE MEANINGFUL WAGE ADJUSTMENTS FOR OUR FRONTLINE DIRECT SUPPORT PROFESSIONALS (DSPS) AND THEIR SUPERVISORS, SIGNIFICANTLY ENHANCING OUR COMPETITIVENESS IN THE WORKFORCE. AS A DIRECT RESULT, WE'VE SEEN A SUBSTANTIAL REDUCTION IN STAFF TURNOVER, CREATING MORE STABILITY AND CONTINUITY IN THE CARE WE PROVIDE. RT IS PREPARING FOR AN EXCITING NEW CHAPTER AS WELL WE WANT TO MAKE MAJOR RENOVATIONS THAT WILL TRANSFORM OUR PHYSICAL SPACE TO BETTER SUPPORT THE PEOPLE WE SERVE, TODAY AND FOR GENERATIONS TO COME. OUR PLANS INCLUDE: "EXTERIOR RENOVATIONS TO ENHANCE ACCESSIBILITY, VISIBILITY, AND CURB APPEAL "UPGRADING THE HVAC SYSTEM TO IMPROVE AIR QUALITY, ENERGY EFFICIENCY, AND YEAR-ROUND COMFORT "INSTALLING NEW ELEVATORS TO INCREASE ACCESSIBILITY AND ENSURE ADA COMPLIANCE "A FULL REMODEL OF THE BACK HALF OF THE BUILDING, CUSTOM-DESIGNED TO MEET THE CURRENT AND FUTURE NEEDS OF OUR SERVICE LINES TO GUIDE THIS AMBITIOUS PROJECT, OUR LEADERSHIP TEAM HAS DEVELOPED A "BLUE SKY" VISION, A CONCEPTUAL ROADMAP THAT CAPTURES OUR GOALS, DREAMS, AND FUNCTIONAL PRIORITIES. THIS VISION WILL BE TRANSLATED INTO FORMAL BLUEPRINTS TO LAUNCH OUR UPCOMING CAPITAL CAMPAIGN. THESE RENOVATIONS ARE MORE THAN JUST STRUCTURAL; THEY REPRESENT OUR LONG- TERM COMMITMENT TO EMPOWER INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES THROUGH SPACES THAT PROMOTE DIGNITY, OPPORTUNITY, AND COMMUNITY INTEGRATION. WE ARE EXCITED TO SHARE MORE IN THE COMING YEAR AND INVITE OUR PARTNERS, SUPPORTERS, AND COMMUNITY MEMBERS TO JOIN US IN BUILDING THE FUTURE OF RT. 50 YEARS IN, THE FUTURE FOR RT HAS NEVER BEEN BRIGHTER. WE CONTINUE TO INNOVATE, ADVOCATE, AND EVOLVE, ALWAYS GUIDED BY ONE MISSION: TO SUPPORT PEOPLE IN ACHIEVING PERSONAL SUCCESS AND LIVING LIVES OF MEANING, PURPOSE, AND INCLUSION. ADULT DAY SUPPORTS IN 2024, RT PROUDLY PROVIDED ADULT DAY SUPPORTS TO 65 INDIVIDUALS, WITH 62 OF THEM ALSO UTILIZING OUR TRANSPORTATION SERVICES. THESE SUPPORTS EMPHASIZE COMMUNITY INCLUSION, INDEPENDENT LIVING, AND SOCIALIZATION WHICH ARE KEY PILLARS OF A MEANINGFUL DAY FOR THOSE WE SERVE. THIS DEPARTMENT FACILITATED OVER 1,500 TRIPS IN OUR GREAT COMMUNITY IN TOTAL WITH ALL OUR TRANSPORTATION NEEDS, RT COVERED MORE THAN 180,000 MILES, THE EQUIVALENT OF 7.2 TRIPS AROUND THE EARTH THIS EFFORT REFLECTS OUR COMMITMENT TO ENSURING RELIABLE AND INCLUSIVE TRANSPORTATION FOR THOSE IN OUR CARE. EMPLOYMENT SERVICES OUR EMPLOYMENT SERVICES DEPARTMENT CONTINUED TO THRIVE IN 2024, FORMING PARTNERSHIPS WITH OVER 100 BUSINESSES THROUGHOUT THE COMMUNITY. THROUGH THESE COLLABORATIONS, OUR EMPLOYMENT SPECIALISTS AND EMPLOYMENT DISCOVERY SPECIALISTS PROVIDED INDIVIDUALIZED SUPPORT, HELPING PEOPLE WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES: "GAIN VALUABLE JOB SKILLS "ACHIEVE MEANINGFUL EMPLOYMENT "MAINTAIN POSITIONS WITHIN THE COMMUNITY USING A PERSON-CENTERED APPROACH, WE SUCCESSFULLY MATCHED INDIVIDUALS WITH JOBS THAT ALIGN WITH THEIR INTERESTS WHILE MEETING THE NEEDS OF LOCAL EMPLOYERS, A WIN-WIN FOR BOTH JOB SEEKERS AND BUSINESSES. TRANSPORTATION ENHANCEMENTS THROUGH GRANT SUPPORT THANKS TO GENEROUS GRANT FUNDING FROM THE PIQUA COMMUNITY FOUNDATION (7,500) AND THE TROY FOUNDATION (30,000), TOTALING 37,500. RT WILL SOON IMPLEMENT NEW TRANSPORTATION ROUTING SOFTWARE. THIS INVESTMENT WILL ENHANCE OUR ABILITY TO CREATE MORE EFFICIENT TRAVEL ROUTES WHILE UPHOLDING THE HIGHEST STANDARDS OF COMPLIANCE AND SERVICE.

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $113,545
Program Service Revenue $4,225,916
Investment Income $373,655
Other Revenue $0
TOTAL REVENUE $4,713,116

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,320,992
Fundraising Expenses $25,339
Program Expenses $4,305,363
Other Expenses $1,059,045
TOTAL EXPENSES $4,380,037

Year-over-Year Comparison

2024 2023 Change
Revenue $4,713,116 $3,316,330 +0.4%
Expenses $4,380,037 $3,274,664 +0.3%
Net Income $333,079 $41,666 +7.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
8
Independent Members
8
Employees
160
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
5
$125,594
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ASHLEY BROCIOUS EXECUTIVE DI 40.00
Officer
$125,594 $0 $125,594
CHRIS CLARK BOARD MEMBER 1.00
Director
$0 $0 $0
CYNAMYN CLEM SECRETARY 1.00
Officer Director
$0 $0 $0
JANET DALTON BOARD MEMBER 1.00
Director
$0 $0 $0
LISA HEID BOARD MEMBER 1.00
Director
$0 $0 $0
JOE HOSKINS VICE PRES. 1.00
Officer Director
$0 $0 $0
CAROL JACKSON TREASURER 1.00
Officer Director
$0 $0 $0
JOHN REYNOLDS BOARD MEMBER 1.00
Director
$0 $0 $0
KIRBY WARREN PRESIDENT 1.00
Officer 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
2024 $4,713,116 $4,380,037 $4,722,885 $333,079
2023 $3,316,330 $3,274,664 $4,469,845 $41,666
2022 $3,045,976 $2,982,932 $4,215,743 $63,044
2021 $3,563,525 $3,266,418 $4,429,438 $297,107
2020 $3,742,688 $3,435,521 $3,920,591 $307,167
2019 $3,846,000 $3,853,751 $3,534,602 $-7,751
2018 $4,067,799 $3,959,983 $3,299,064 $107,816
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