Rt Industries Inc

What it reported doing in 2024

2024 was a year of impact not only did we proudly celebrate a major milestone - 50 years of dedicated service - but we also witnessed a historic breakthrough in funding. After 15 years of stagnant rates, a 38% increase in funding for service lines through the department of developmental disabilities was approved by state officials and governor dewine. This unprecedented increase allowed rt to make meaningful wage adjustments for our frontline direct support professionals (dsps) and their supervisors, significantly enhancing our competitiveness in the workforce. As a direct result, we've seen a substantial reduction in staff turnover, creating more stability and continuity in the care we provide. Rt is preparing for an exciting new chapter as well we want to make major renovations that will transform our physical space to better support the people we serve, today and for generations to come. Our plans include: "exterior renovations to enhance accessibility, visibility, and curb appeal "upgrading the hvac system to improve air quality, energy efficiency, and year-round comfort "installing new elevators to increase accessibility and ensure ada compliance "a full remodel of the back half of the building, custom-designed to meet the current and future needs of our service lines to guide this ambitious project, our leadership team has developed a "blue sky" vision, a conceptual roadmap that captures our goals, dreams, and functional priorities. This vision will be translated into formal blueprints to launch our upcoming capital campaign. These renovations are more than just structural; they represent our long- term commitment to empower individuals with developmental disabilities through spaces that promote dignity, opportunity, and community integration. We are excited to share more in the coming year and invite our partners, supporters, and community members to join us in building the future of rt. 50 years in, the future for rt has never been brighter. We continue to innovate, advocate, and evolve, always guided by one mission: to support people in achieving personal success and living lives of meaning, purpose, and inclusion. Adult day supports in 2024, rt proudly provided adult day supports to 65 individuals, with 62 of them also utilizing our transportation services. These supports emphasize community inclusion, independent living, and socialization which are key pillars of a meaningful day for those we serve. This department facilitated over 1,500 trips in our great community in total with all our transportation needs, rt covered more than 180,000 miles, the equivalent of 7.2 trips around the earth this effort reflects our commitment to ensuring reliable and inclusive transportation for those in our care. Employment services our employment services department continued to thrive in 2024, forming partnerships with over 100 businesses throughout the community. Through these collaborations, our employment specialists and employment discovery specialists provided individualized support, helping people with intellectual and developmental disabilities: "gain valuable job skills "achieve meaningful employment "maintain positions within the community using a person-centered approach, we successfully matched individuals with jobs that align with their interests while meeting the needs of local employers, a win-win for both job seekers and businesses. Transportation enhancements through grant support thanks to generous grant funding from the piqua community foundation (7,500) and the troy foundation (30,000), totaling 37,500. Rt will soon implement new transportation routing software. This investment will enhance our ability to create more efficient travel routes while upholding the highest standards of compliance and service.

Financial Efficiency

• Mission deployment rate: 97.5%; rating input score 97
• Program expense ratio: 98.3%; rating input score 98
• Fundraising efficiency: $4.48 raised per $1 spent on fundraising; rating input score 15; 15th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 6 of 8 controls in place; rating input score 75
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Fail
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 7.1%; rating input score 56; 56th percentile among comparable filings
• Total-asset coverage ratio: 1.08; rating input score 40; 40th percentile among comparable filings
• Liabilities to assets ratio: 0.04; rating input score 73; 73rd percentile among comparable filings
• Officer compensation ratio: 2.9%; rating input score 70; 70th percentile among comparable filings

Growth

• Program expense growth: 5.8% per year; rating input score 100; 44th percentile among comparable filings
• Revenue growth: 8.1% per year; rating input score 100; 60th percentile among comparable filings
• Asset growth: 4.1% per year; rating input score 100; 30th percentile among comparable filings