Sandco Industries

EIN: 341112041 501(c)(3) Employment

Clyde, OH

Total Revenue
$2,056,641
Total Expenses
$1,447,849
Total Assets
$4,517,330
Net Assets
$3,319,596
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1964
Legal Domicile
OH
Principal Officer
Mary Stiltner
Phone
4195473273
Tax Period
2023-01-01 to 2023-12-31

Sandco Industries, founded in 1964, is a community nonprofit in the Employment sector that reported $2.1M in total revenue in fiscal year 2023. Revenue surged 48% from the prior year, signaling strong growth momentum. The organization ran a surplus of $609K, a strong 30% operating margin.

Mission

To provide meanful work opportunities and related service for eligible individuals. The Organization was established to operate a workshop and special training center for adults with developmental disabilities.

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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 (2023)

Revenue Breakdown

Contributions & Grants $69,082
Program Service Revenue $1,299,544
Investment Income $67,651
Other Revenue $620,364
TOTAL REVENUE $2,056,641

Expense Breakdown

Grants Paid $0
Salaries & Benefits $980,533
Fundraising Expenses $0
Program Expenses $928,124
Other Expenses $467,316
TOTAL EXPENSES $1,447,849

Year-over-Year Comparison

2023 2022 Change
Revenue $2,056,641 $1,385,711 +0.5%
Expenses $1,447,849 $1,324,243 +0.1%
Net Income $608,792 $61,468 +8.9%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
9
Independent Members
9
Employees
108
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
4
$0
Total Directors
11
$136,978
Key Employees
2
$136,978
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mary Stiltner CEO 040.00
Director Key Emp
$83,302 $0 $83,302
Loren Branski Business Mgr 040.00
Director Key Emp
$53,676 $0 $53,676
Caleb Wynbissinger President 001.00
Officer Director
$0 $0 $0
E Miles Foos Vice President 001.00
Officer Director
$0 $0 $0
Russ Kiser Treasurer 001.00
Officer Director
$0 $0 $0
Andrea Gibson Secretary 001.00
Officer Director
$0 $0 $0
Kim Stults Trustee 001.00
Director
$0 $0 $0
Jason Weaver Trustee 001.00
Director
$0 $0 $0
Taylor Knight Trustee 001.00
Director
$0 $0 $0
Miranda Hoffman Trustee 001.00
Director
$0 $0 $0
Beth Tischler Trustee 001.00
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 $2,056,641 $1,447,849 $4,517,330 $608,792
2022 $1,385,711 $1,324,243 $3,875,429 $61,468
2021 $1,759,392 $1,466,732 $3,957,596 $292,660
2020 $1,869,979 $1,568,467 $3,615,631 $301,512
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