Web-Co Custom Industries INC

Tax-deductible

Marshfield, MO501(c)(3)EIN 43-1121676

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To provide jobs to handicapped persons.

501(c)(3) charity; gifts are tax-deductible.
96¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2025 · 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
0 of 6
filings with a surplus
Average deficit $168K a year · 51% of revenue · last 6 filings
Concern: a surplus in 0 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
96%
of spending
Looks good: 96% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
26 mo
of spending, in cash
Looks good: 26.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$1.0M
56% of total assets
Fine: liabilities are 56% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
12
of 12 voting members
Looks good: 12 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$103K
+0.3% vs prior year
Spent
$157K
To programs
96%
Net assets
$784K
By yearFY2020–FY2025
Revenue
$103K
FY2025+0.3%
Revenue by fiscal year
FY2020$862K
FY2021$310K
FY2022$354K
FY2023$234K
FY2024$103K
FY2025$103K
Expenses
$157K
FY2025▼ -8%
Expenses by fiscal year
FY2020$1.3M
FY2021$569K
FY2022$466K
FY2023$354K
FY2024$171K
FY2025$157K
Net assets
$784K
FY2025▼ -6%
Net assets by fiscal year
FY2020$1.4M
FY2021$1.1M
FY2022$1.0M
FY2023$905K
FY2024$837K
FY2025$784K

From the FY2025 Form 990 (year ending June 2025) · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 1977.

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

Where the money goes

96 cents of each dollar spent went to programs.

Program services 96% · $150K Management & general 4% · $6K

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

12 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Director
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2021FY2020
Michael Frazier$3,085$53,415

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.

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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

Offers employment opportunities to individuals with disabilities.

Provided by the organization

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1 program service account for $150K of program spending, described in the organization's own filed words · FY2024.
01

To provide employment for 70 to 90 mentally and physically handicapped individuals through manufacturing of misc products, service contracts and other services.

$150Kprogram expense

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By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$103K
Ln 12
Gifts and grantsLn 1h$94K
Investment incomeLn 3$9K
Other incomeLn 4–11$657
Money outPt IX
$157K
Ln 25
Programscol B$150K
Managementcol C$6K
Owns and owesPt X
$784K
net assets · Ln 32
Cash and savingsLn 1–2$346K
Total assetsLn 16$1.8M
LiabilitiesLn 26$1.0M
PeoplePt VI, VII
12
listed · VII A
PaidVII A0
Voting boardVI 1a12
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$94K
Government grantsLn 1e$89K
Investment incomeLn 3$9K
Other incomeLn 4–11$657
Total revenueLn 12$103K
Assets in detailPt X, end of year
CashLn 1$17K
SavingsLn 2$329K
Cash and savings togetherLn 1–2$346K
Land, buildings, equipmentLn 10c$1.4M
Total assetsLn 16$1.8M
LiabilitiesLn 26$1.0M
Net assetsLn 32$784K
OperationsPt I, VI
EmployeesI 5119
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$345K$346K
Land, buildings, equipmentLn 10c$1.5M$1.4M
Total assetsLn 16$1.9M$1.8M
LiabilitiesLn 26$1.0M$1.0M
Net assetsLn 32$837K$784K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other employee benefitsLn 9$500$390$110
Accounting feesLn 11c$3K$3K
Other fees for servicesLn 11g$6K$6K
Advertising and promotionLn 12$1K$1K
Office expensesLn 13$86$18$68
InterestLn 20$64K$61K$3K
Depreciation, depletion and amortizationLn 22$81K$81K
InsuranceLn 23$1K$987$148
Other expenses (24a–d)Ln 24$18$17$1
Total functional expensesLn 25$157K$150K$6K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $103K$157K−$53K$784K 990 PDF
FY2024 $103K$171K−$68K$837K 990 PDF
FY2023 $234K$354K−$120K$905K 990 PDF
FY2022 $354K$466K−$113K$1.0M 990 PDF
FY2021 $310K$569K−$259K$1.1M 990 PDF
FY2020 $862K$1.3M−$394K$1.4M 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 FY2025 990 (4 parts)
Part VIII · Statement of revenue $103,486 across 6 lines filed
VIII-1e Government grants$88,707
VIII-1f All other contributions, gifts and grants$5,000
VIII-1h Total contributions, gifts and grants$93,707
VIII-3 Investment incomeExcluded from tax $9,122$9,122
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $657$657
VIII-12 Total revenueRelated to mission $657 · Excluded from tax $9,122$103,486
Part IX · Statement of functional expenses $156,509 across 9 lines filed
IX-9 Other employee benefitsPrograms $390 · Management $110$500
IX-11c Accounting feesManagement $3,160$3,160
IX-11g Other fees for servicesPrograms $6,000$6,000
IX-12 Advertising and promotionPrograms $1,225$1,225
IX-13 Office expensesPrograms $18 · Management $68$86
IX-20 InterestPrograms $61,294 · Management $2,554$63,848
IX-22 Depreciation, depletion and amortizationPrograms $80,537$80,537
IX-23 InsurancePrograms $987 · Management $148$1,135
IX-24 Other expenses (24a–d)Programs $17 · Management $1$18
IX-25 Total functional expensesPrograms $150,468 · Management $6,041 · Fundraising $0$156,509
Part X · Balance sheet $1,791,782 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $50,181$16,779
X-2 Savings and temporary cash investmentsStart of year $294,651$329,188
X-10c Land, buildings and equipment, netStart of year $1,484,824$1,408,775
X-14 Intangible assetsStart of year $41,529$37,040
X-16 Total assetsStart of year $1,871,185$1,791,782
X-19 Deferred revenueStart of year $44,505$44,202
X-24 Unsecured notes and loans payableStart of year $989,371$963,294
X-26 Total liabilitiesStart of year $1,033,876$1,007,496
X-27 Net assets without donor restrictionsStart of year $792,804$740,084
X-28 Net assets with donor restrictionsStart of year $44,505$44,202
X-32 Total net assets or fund balancesStart of year $837,309$784,286
X-33 Total liabilities and net assetsStart of year $1,871,185$1,791,782
Part XI · Reconciliation of net assets $784,286 net assets at year end
XI-1 Total revenue$103,486
XI-2 Total expenses$156,509
XI-3 Revenue less expenses−$53,023
XI-4 Net assets at start of year$837,309
XI-10 Net assets at end of year$784,286

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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