Helena Industries Inc Entity in Bankruptcy
Nonprofit profile at a glance
- EIN
- 810305451
- IRS 990-EZ coverage
- 2019–2019
- Forms available
- Form 990 2018, Form 990-EZ 2019
- Location
- Billings, MT, USA
- Phone
- 4062527200
- Rating confidence
- Limited
- Sector
- Employment Procurement Assistance
Reported finances
- Revenue
- $9,597
- Expenses
- $116,147
- Assets
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2019. Amounts in USD.
Leadership & pay
1 person listed
People named in this filing
- Joseph V Womack (Trustee)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2019. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Mission of the bankruptcy entity was to provide vocational and rehabilitative services utilizing real work, related services and individualized resources to empower person with disabilities to leave productive and fulfilling lives in their communities.The entity is in bankruptcy and has been liquidated. All available assets have been liquidated and claims/accounts receivables have been collected to the extent possible. Uncollected accounts receivables have been written off. Administrative expenses will be paid and remaining funds will be distributed to creditors. The bankrupt entity will ceased to exist.
What it reported doing in 2019
Work services and extended employment - Designed to help people with disabilities learn the routines of work and the skills necessary to succeed in a job. Employment and training are provided through one of our manufacturing/service areas or through Helena Industries community-based janitorial crews. The training includes learning specific job skills and skills to be a good employee.Helena Industries Inc ceased these work services and extended employment April 2018. The entity has been liquidated and will be shut down after all necessary matters are taken care of.There were no program service expenses specifically related to the Work Services.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 82
- Sustainability: 8
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -1,110.2%; rating input score 2; 2nd percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -13.2% per year; rating input score 0; 22nd percentile among comparable filings
- Asset growth: -3.7% per year; rating input score 0; 29th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments
- Leadership: top reported pay $0 · 1 people listed
- Consistency: 4 of 4 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 2/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.