Tri Industries Nfp FY2021 filing

Tax-deductible

Ottawa, IL501(c)(3)EmploymentEIN 36-2946558Revenue $3.2M in FY2021

On file with the IRScartridgesthatcare.org700 E Dayton Rd, 61350-9062 · Ottawa, ILTax-exempt since Feb 1996Publicly supported — 509(a)(2)

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Employment, training, and support for individuals with significant disabilities

501(c)(3) charity; gifts are tax-deductible.
74¢ of each $1 spent went to programs.
$284K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 6
filings with a surplus
Average deficit $141K a year · 6% of revenue · last 6 filings
Concern: a surplus in 1 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
74%
of spending
Fine: 74% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$284K
to officers and key staff · 9% of spending
Looks good: pay to officers and key staff is 9% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.9 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $12K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$950K
76% of total assets
Worth a look: liabilities are 76% of assets; over 65%.
Pt X · Ln 26
Independent board members
1
of 2 voting members
Fine: 1 of 2 voting members are independent, half.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.2M
-3% vs prior year
Spent
$3.2M
To programs
74%
Net assets
$296K
By yearFY2020–FY2025
Revenue
$3.2M
FY2021▼ -3%
Revenue by fiscal year
FY2020$3.3M
FY2021$3.2M
FY2022$2.8M
FY2023$2.5M
FY2024$1.8M
FY2025$1.8M
Expenses
$3.2M
FY2021▼ -7%
Expenses by fiscal year
FY2020$3.5M
FY2021$3.2M
FY2022$3.0M
FY2023$2.5M
FY2024$2.2M
FY2025$1.8M
Net assets
$296K
FY2021▼ -6%
Net assets by fiscal year
FY2020$313K
FY2021$296K
FY2022$59K
FY2023$71K
FY2024−$319K
FY2025−$364K

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 1996.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

74 cents of each dollar spent went to programs.

Program services 74% · $2.4M Management & general 25% · $823K Fundraising 1% · $25K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

3 people listed on the 990; $284K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Executive Direc
$168,465Pt VII · Sec A
Secretary
$115,583Pt VII · Sec A
$0Pt VII · Sec A

Kenneth Bell’s $196K as Executive Direc is at the 83rd percentile of top reported officer pay among 1245 $1–10M employment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Kenneth Bell$196,121$214,645$210,905$197,420$168,465$165,167
Jay Burrell——$100,040$142,619$115,583$111,028
Doug Root$115,194—————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Tri Industries Nfp executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides job training and support for people with significant disabilities.

Provided by the organization

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1 program · $2.4M · in their own filed words · FY2020
01

Tri Industries provided vocational training services to individuals with significant disabilities. These individuals were employed in light assembly, packaging, order fulfillment and shipping positions, working on contracts for Illinois state use and Ability One contract.

$2.4Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
SourceamericaFY2024$12K
Total grants receivedfrom 1 funder$12K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$3.2M
Ln 12
Fees for servicesLn 2g$3.0M
Gifts and grantsLn 1h$194K
Investment incomeLn 3$9K
Money outPt IX
$3.2M
Ln 25
Programscol B$2.4M
Managementcol C$823K
Fundraisingcol D$25K
Owns and owesPt X
$296K
net assets · Ln 32
Cash and savingsLn 1–2$246K
Total assetsLn 16$1.2M
LiabilitiesLn 26$950K
PeoplePt VI, VII
3
listed · VII A
PaidVII A2
Voting boardVI 1a2
IndependentVI 1b1
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$194K
Government grantsLn 1e$149K
Fundraising eventsLn 1c$45K
Fees for servicesLn 2g$3.0M
Investment incomeLn 3$9K
Gains on assetsLn 7$8K
Total revenueLn 12$3.2M
Assets in detailPt X, end of year
CashLn 1$246K
SavingsLn 2$0
Cash and savings togetherLn 1–2$246K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$100K
Other assetsLn 15$190K
Total assetsLn 16$1.2M
LiabilitiesLn 26$950K
Net assetsLn 32$296K
OperationsPt I, VI
EmployeesI 59
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$401K$246K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$122K$100K
Total assetsLn 16$1.2M$1.2M
LiabilitiesLn 26$856K$950K
Net assetsLn 32$313K$296K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$361K$69K$278K$13K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$313K$227K$87K
Pension plan contributionsLn 8$8K$5K$2K
Other employee benefitsLn 9$46K$25K$21K
Payroll taxesLn 10$45K$20K$25K
Management feesLn 11a$0
Legal feesLn 11b$1K$1K
Accounting feesLn 11c$67K$67K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$430$430
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$41K$2K$39K$360
Office expensesLn 13$14K$14K
Information technologyLn 14$55K$52K$3K
RoyaltiesLn 15$0
OccupancyLn 16$50K$31K$19K
TravelLn 17$3K$3K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$12K$8K$4K
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$44K$27K$17K
InsuranceLn 23$20K$20K
Other expenses (24a–d)Ln 24$2.1M$1.9M$169K$4K
All other expensesLn 24e$45K$45K
Total functional expensesLn 25$3.2M$2.4M$823K$25K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.8M$1.8M−$45K−$364K 990 PDF
FY2024 $1.8M$2.2M−$390K−$319K 990 PDF
FY2023 $2.5M$2.5M$12K$71K 990 PDF
FY2022 $2.8M$3.0M−$236K$59K 990 PDF
FY2021 Viewing $3.2M$3.2M−$18K$296K 990 PDF
FY2020 $3.3M$3.5M−$170K$313K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $3,211,501 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $607,065$193,915
I-9 Program service revenuePrior year $2,871,599$3,028,742
I-10 Investment incomePrior year −$4,188$8,930
I-11 Other revenuePrior year −$156,056−$20,086
I-12 Total revenuePrior year $3,318,420$3,211,501
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $1,016,005$772,677
I-16a Professional fundraising feesPrior year $1,887$430
I-17 Other expensesPrior year $2,470,623$2,456,328
I-18 Total expensesPrior year $3,488,515$3,229,435
I-19 Revenue less expensesPrior year −$170,095−$17,934
Part VI · Governance 1 of 2 board members independent, no flags
VI-1a Voting members of the governing body2
VI-1b Independent voting members1
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $3,211,501 across 11 lines filed
Lines not itemized here account for $14,686 of total revenue; see the IRS return.
VIII-1c Fundraising events$45,165
VIII-1e Government grants$148,750
VIII-1h Total contributions, gifts and grants$193,915
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $3,028,742$3,028,742
VIII-3 Investment incomeRelated to mission $702$702
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assetsRelated to mission $8,228$8,228
VIII-8 Net income from fundraising events−$36,826
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $2,054$2,054
VIII-12 Total revenueRelated to mission $3,054,412$3,211,501
Part IX · Statement of functional expenses $3,229,435 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $69,414 · Management $278,115 · Fundraising $12,979$360,508
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $226,503 · Management $86,821$313,324
IX-8 Pension plan contributionsPrograms $5,278 · Management $2,266$7,544
IX-9 Other employee benefitsPrograms $24,893 · Management $21,195$46,088
IX-10 Payroll taxesPrograms $20,265 · Management $24,948$45,213
IX-11a Management fees$0
IX-11b Legal feesManagement $1,296$1,296
IX-11c Accounting feesManagement $67,191$67,191
IX-11d Lobbying fees$0
IX-11e Professional fundraising feesFundraising $430$430
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotionPrograms $2,043 · Management $39,088 · Fundraising $360$41,491
IX-13 Office expensesManagement $14,020$14,020
IX-14 Information technologyManagement $51,980 · Fundraising $2,537$54,517
IX-15 Royalties$0
IX-16 OccupancyPrograms $30,892 · Management $19,350$50,242
IX-17 TravelManagement $3,128$3,128
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 InterestManagement $7,667 · Fundraising $4,308$11,975
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $26,962 · Management $16,916$43,878
IX-23 InsuranceManagement $19,553$19,553
IX-24 Other expenses (24a–d)Programs $1,930,568 · Management $169,499 · Fundraising $4,311$2,104,378
IX-24e All other expensesPrograms $44,659$44,659
IX-25 Total functional expensesPrograms $2,381,477 · Management $823,033 · Fundraising $24,925$3,229,435
Part X · Balance sheet $1,245,272 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $400,678$246,037
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $214,244$354,750
X-8 Inventories for sale or useStart of year $326,051$330,934
X-9 Prepaid expenses and deferred chargesStart of year $14,507$23,337
X-10c Land, buildings and equipment, netStart of year $122,134$100,433
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $92,139$189,781
X-16 Total assetsStart of year $1,169,753$1,245,272
X-17 Accounts payable and accrued expensesStart of year $555,812$636,978
X-26 Total liabilitiesStart of year $856,293$949,746
X-27 Net assets without donor restrictionsStart of year $313,460$295,526
X-32 Total net assets or fund balancesStart of year $313,460$295,526
X-33 Total liabilities and net assetsStart of year $1,169,753$1,245,272
Part XI · Reconciliation of net assets $295,526 net assets at year end
XI-1 Total revenue$3,211,501
XI-2 Total expenses$3,229,435
XI-3 Revenue less expenses−$17,934
XI-4 Net assets at start of year$313,460
XI-10 Net assets at end of year$295,526

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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