ORC Industries Inc

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1966

Legal Domicile

Principal Officer

Scott R Iverson

Tax Period

2023-01-01 to 2023-12-31

ORC Industries Inc, founded in 1966, is a mid-sized nonprofit in the Employment sector that reported $29.7M in total revenue in fiscal year 2023. Revenue surged 2321% from the prior year, signaling strong growth momentum. The organization ran a surplus of $15.1M, a strong 51% operating margin.

Mission

Organizations mission is to provide vocational preparation and employment to individuals with one or more disabilities.

Program Service Accomplishments

Program 1

Expenses: $10,283,531 Revenue: $10,489,447

ORC Industries was established to provide vocational preparation services and employment to individuals with one or more disabilities. Eighty-Five percent of production employees have disabilities...

ORC Industries was established to provide vocational preparation services and employment to individuals with one or more disabilities. Eighty-Five percent of production employees have disabilities. Vocational services provided include evaluation of work capabilities and work potential, work experience, employment in integrated competitive environment and outside employment placement services. Individuals develop good work habits, acquire new skills and prepare for work environments. Simple to complex MFG opportunities are available in order to serve every capability level and enable individuals to be contributing members of the community.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $10,489,447

Investment Income $19,162,872

Other Revenue $63,501

TOTAL REVENUE $29,715,820

Expense Breakdown

Grants Paid $0

Salaries & Benefits $7,789,516

Fundraising Expenses $0

Program Expenses $10,283,531

Other Expenses $6,810,377

TOTAL EXPENSES $14,599,893

Year-over-Year Comparison

	2023	2022	Change
Revenue	$29,715,820	$1,227,536	+23.2%
Expenses	$14,599,893	$10,528,972	+0.4%
Net Income	$15,115,927	$-9,301,436	-2.6%

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

Governance

Voting Members

Independent Members

Employees

392

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

$314,222

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Scott R Iverson	President	55.00	Officer Highest	$288,599	$25,623	$314,222
Tim Rieck	Vice President La Crosse	45.00	Highest	$178,850	$30,979	$209,829
Guadalupe Wally Avelar	Vice President Brownsville	45.00	Highest	$102,564	$18,173	$120,737
Brenda Stuhr	Director	0.00	Director	$0	$0	$0
Larry Vangen	Director	0.00	Director	$0	$0	$0
Chad Hill	Director	0.00	Director	$0	$0	$0
Shirley Holman	Director	0.00	Director	$0	$0	$0
Joe Connell	Director	0.00	Director	$0	$0	$0
Bob Burg	Treasurer	0.00	Officer Director	$0	$0	$0
Dick Record	Secretary	0.00	Officer Director	$0	$0	$0
Janet Stansfield	Vice Chair	0.00	Officer Director	$0	$0	$0
Darla Krzoska	Chair	0.00	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
2023	$29,715,820	$14,599,893	$240,432,743	$15,115,927
2022	$1,227,536	$10,528,972	$222,964,661	$-9,301,436
2021	$45,746,672	$9,900,139	$242,922,909	$35,846,533
2020	$13,218,783	$10,453,082	$251,839,026	$2,765,701
2019	$17,670,589	$12,527,269	$231,330,567	$5,143,320
2018	$12,924,904	$10,593,805	$206,991,116	$2,331,099