2025-11-17T15:04:57-06:00 2024-12-31 742014723 LAUTERBACH BORSCHOW & COMPANY PC 4130 RIO BRAVO STREET EL PASO TX 79902 990 2024-01-01 742544266 READYONE INDUSTRIES INC READ 9158587277 1414 ABILITY DRIVE EL PASO TX 79936 LUPE SOTO CHIEF FINANCIAL OFFICER 9158587277 2025-11-07 1 1 CINDY FIELDS CPA P00061457 9155446950 2025-10-24 2024 2025-03-06 01:10:19Z LUPE SOTO 1414 ABILITY DRIVE EL PASO TX 79936 68341082 0 X WWW.READYONE.ORG X 1989 TX TO MANUFACTURE AND DELIVER INNOVATIVE AND HIGH-QUALITY GARMENTS FOR THE U.S. MILITARY WHILE EMPLOYING AND EMPOWERING A DISABLED WORKFORCE IN A COMPETITIVELY INTEGRATED EMPLOYMENT ENVIRONMENT, PROVIDING MEANINGFUL WORK OPPORTUNITIES FOR INDIVIDUALS OF ALL ABILITIES, ETHNICITIES, AND ORIENTATIONS. OUR MISSION EMPHASIZES NOT ONLY THE EMPOWERMENT OF PERSONS WITH DISABILITIES BUT ALSO EXTENDS OUR SUPPORT TO MILITARY VETERANS, ENSURING PATHWAYS FOR SELF-DETERMINATION AND SUCCESS IN BOTH PERSONAL AND PROFESSIONAL LIVES. WITH A COMMITMENT TO SKILL DEVELOPMENT, WE STRIVE TO ENRICH THE LIVES OF OUR WORKFORCE WHILE ATTRACTING FUTURE SUPPORT FROM GRANTING ORGANIZATIONS THAT RECOGNIZE THE PROFOUND IMPACT OF OUR PROGRAMS ON BOTH THE WORKFORCE AND THE BROADER COMMUNITY. 7 7 724 0 0 0 40854080 59205925 4448149 1512277 751850 4407654 834240 316465 46888319 65442321 0 0 0 0 12789308 15052512 0 0 0 35749155 45949032 48538463 61001544 -1650144 4440777 69176353 84173812 18912484 29469166 50263869 54704646 TO MANUFACTURE AND DELIVER INNOVATIVE AND HIGH-QUALITY GARMENTS FOR THE U.S. MILITARY WHILE EMPLOYING AND EMPOWERING A DISABLED WORKFORCE IN A COMPETITIVELY INTEGRATED EMPLOYMENT ENVIRONMENT. 0 0 59625810 5071546 TO PROVIDE EMPLOYMENT TO INDIVIDUALS WITH SIGNIFICANT DISABILITIES IN AN ENVIRONMENT THAT INSPIRES AND NURTURES SELF DETERMINATION AND SUCCESS. EMPLOYING 304 SEVERELY DISABLED INDIVIDUALS AT DECEMBER 31, 2024. 59625810 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 46 0 1 724 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X LUPE SOTO 9158587277 1414 ABILITY DRIVE EL PASO TX 79936 BRADLEY DAVIS DIRECTOR 21.25 X 31020 0 0 RENE PENA DIRECTOR 7.22 X 26620 0 0 THOMAS ROBINSON DIRECTOR 5.89 X 22092 0 0 JOYCE A WILSON DIRECTOR 6.98 X 24200 0 0 LTG RET LARRY WYCHE DIRECTOR 10.60 X 25300 0 0 CARMEN ARRIETA- CANDELARIA CHAIRMAN, DIRECTOR 21.50 X 49940 0 0 EDUARDO MONAREZ SECRETARY, DIRECTOR 17.39 X 29920 0 0 WESLEY WELLONS PRESIDENT/COO 60.00 X 281198 0 22994 MARIA G SOTO CHIEF FINANCIAL OFFICER 60.00 X 176272 0 21423 MARK SHORT VICE PRESIDENT OF BUSINESS DEVELOPMENT 50.00 X 163884 0 6583 MACRINA RIVERA HR DIRECTOR 50.00 X 118211 0 23943 ABEL JAQUEZ ASSISTANT DIRECTOR OF FINANCIAL PLANNING 50.00 X 115416 0 8919 MARIA I MERAZ DIRECTOR OF CONTRACTS ADMI 50.00 X 107879 0 9119 GERONIMO MEDINA FORMER - GENERAL MANAGER GARMENT 60.00 X 143077 0 0 1315029 0 92981 7 1 1 0 EFO LLC 6006 N MESA SUITE 903 EL PASO TX 79912 ADVERTISING 183650 FOCALPOINT BUSINESS COACHING 1403 CASTILLO CT EL PASO TX 79932 CONSULTING 164690 MIKE GARCIA MERCHANT SECURITY LLC 6000 WELCH SUITE 11 EL PASO TX 79905 CONTRACT LABOR 158257 PALLETS OF EL PASO 4717 ACADEMY CIRCLE EL PASO TX 79924 SUPPLIER 127122 DC HOLDINGS LLC 20 MAIN STREET STE 2C LEOMINSTER MA 01453 CONSULTING 115333 5 59205925 59205925 GARMENT AND PACKAGING 310000 1512277 1512277 1512277 848385 848385 20485 0 20485 20485 20485 6458030 2898761 3559269 3559269 3559269 OTHER INCOME 900099 295980 295980 295980 65442321 5071546 0 1164850 1556675 1287807 268868 11483488 11257468 226020 93515 91921 1594 824181 824181 1094653 1071766 22887 85368 85368 82756 82756 479408 479408 400943 400943 468106 468106 528700 528700 102810 102810 250 250 1084283 1084283 408406 220005 188401 MATERIALS 40397985 40397985 NISH COMMISSIONS 1052895 1052895 FREIGHT 766431 766431 FACTORY CLEANING SUPPLI 69207 69207 21484 1052 20432 61001544 59625810 1375734 0 10241383 12657129 392400 20435108 23805346 21185991 31605724 338189 358846 31484464 20171234 12905097 11313230 4000000 4000000 70585 41137 69176353 84173812 8292743 9534295 10545393 19895736 5264 0 69084 39135 18912484 29469166 X 50263869 54704646 50263869 54704646 69176353 84173812 4440777 0 X 0 1 X 1 0 X 96557569 66404862 41763571 45905981 59205925 309837908 5339632 6309501 4847373 1512277 18008783 24900 8066 21634 2188 3559269 3616057 101922101 72722429 46632578 45908169 64277471 331462748 0 0 0 331462748 316056 310562 363930 749662 848385 2588595 316056 310562 363930 749662 848385 2588595 231363 263430 323537 230491 295980 1344801 102469520 73296421 47320045 46888322 65421836 335396144 0.98830 0.99210 0.00770 0.00530 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1152638 1152638 15026654 8664105 6362549 14316074 11389102 2926972 989098 118027 871071 11313230 LEASE LIABILITY 39135 39135 X PART X, LINE 2: PART IX, QUESTION 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE AGENCY AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE AGENCY HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE AGENCY, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2024, NO UNCERTAIN POSITIONS HAVE BEEN TAKEN OR ARE EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. X X X X 0 0 0 1 0 1 0 0 0 WESLEY WELLONS PRESIDENT/COO 243698 0 37500 0 0 0 0 0 22994 0 304192 0 0 0 MARIA G SOTO CHIEF FINANCIAL OFFICER 176272 0 0 0 0 0 0 0 21423 0 197695 0 0 0 MARK SHORT VICE PRESIDENT OF BUSINESS DEVELOPME 163884 0 0 0 0 0 0 0 6583 0 170467 0 0 0 GERONIMO MEDINA FORMER - GENERAL MANAGER GARMENT 143077 0 0 0 0 0 0 0 0 0 143077 0 0 0 PART I, LINE 5 REVENUES WERE ONE OF SEVERAL FACTORS IN DETERMINING CEO'S COMPENSATION. PART I, LINE 6 NET EARNINGS WAS ONE OF THE SEVERAL FACTORS IN DETERMINING THE CEO'S COMPENSATION. FORM 990, PART VI, SECTION B, LINE 11B THE AGENCY SENT THE COMPLETED FORM 990 TO EACH OF ITS BOARD MEMBERS AS WELL AS EXECUTIVE MANAGEMENT FOR THEIR REVIEW. THE PARTIES PROVIDED COMMENTS TO THE CFO WHO THEN DISCUSSED THEM WITH THE CHAIR OF THE AUDIT COMMITTEE AND AGENCY MANAGEMENT. THE AGENCY MADE APPROPRIATE CHANGES TO THE RETURN, AND REPORTED BACK TO THE BOARD OF DIRECTORS, WHO THEN APPROVED THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY STATES THAT EACH DIRECTOR, OFFICER, KEY EMPLOYEE AND COMMITTEE MEMBER MUST INFORM THE BOARD OF ANY POSITION HELD OR ANY ACTIVITY THAT MAY RESULT IN A POSSIBLE CONFLICT OF INTEREST OR BIAS AT THE TIME THE TRANSACTION IS UNDER CONSIDERATION BY THE BOARD. THE BOARD, DURING ITS MEETINGS, REGULARLY REMINDS ITS MEMBER OF DISCLOSING CONFLICTS OF INTEREST DURING ITS DISCUSSIONS. THE BOARD STRENGTHENED ITS POLICY BY REQUIRING EACH COVERED PERSON TO ANNUALLY AFFIRM COMPLIANCE WITH THE POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE AGENCY HAS A COMPENSATION POLICY THAT GOVERNS THE PROCESS BY WHICH THE BOARD OF DIRECTORS ESTABLISHES COMPENSATION PAID TO ITS OFFICERS, DIRECTORS, AND KEY EMPLOYEES. A CRITICAL COMPONENT OF THE POLICY IS TO PREVENT READYONE FROM ENTERING INTO AN EXCESS BENEFIT TRANSACTION AND TO AFFORD THE PROTECTIONS OF THE REBUTTABLE PRESUMPTION OF REASONABLENESS WITH RESPECT TO KEY COMPENSATION ARRANGEMENTS. THE POLICY REQUIRES THAT AN ANNUAL REVIEW BE CONDUCTED OF OFFICERS, DIRECTORS AND KEY EMPLOYEES, AND THAT EACH DIRECTOR SIGN A STATEMENT AFFIRMING THE POLICY EACH YEAR. THE BOARD IS ALSO REQUIRED TO DETERMINE THAT EACH DIRECTOR VOTING ON THE COMPENSATION ARRANGEMENTS DOES NOT HAVE A CONFLICT OF INTEREST. AS PART OF THE ANNUAL REVIEW, EACH YEAR THE BOARD ENGAGES AN INDEPENDENT, QUALIFIED CONSULTING OR ACCOUNTING FIRM WITH EXPERTISE IN ESTABLISHING REASONABLE COMPENSATION. OFFICER AND KEY EMPLOYEE COMPENSATION IS ANALYZED ONE YEAR AND THE BOARD OF DIRECTOR'S COMPENSATION IS ANALYZED ALTERNATELY THE FOLLOWING YEAR, RESULTING IN A STUDY PERFORMED EVERY TWO YEARS FOR EACH CATEGORY OF COMPENSATION. IN ADDITION TO THE STUDY, THE BOARD AND MANAGEMENT REVIEW THE PROPOSED COMPENSATION FOR REASONABLENESS BY STUDYING COMPENSATION LEVELS BY SIMILAR TYPE ORGANIZATIONS, BOTH TAXABLE AND TAX EXEMPT, THE AVAILABILITY OF SIMILAR SERVICES IN THE AGENCY'S GEOGRAPHIC AREA, CURRENT COMPENSATION SURVEYS BY INDEPENDENT FIRMS, AND ACTUAL WRITTEN OFFERS FROM SIMILAR INSTITUTIONS. FORM 990, PART VI, SECTION C, LINE 19 THE AGENCY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. READYONE HOLDINGS LLC 1414 ABILITY DRIVE EL PASO TX 79936 INACTIVE TX READYONE INDUSTRIES INC ROICOM USA LLC 1414 ABILITY DR EL PASO TX 79936 GARMENT MANUFACTURING TX READYONE INDUSTRIES INC C 2192434 1.00000 1 1 0 0 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 ROICOM A 463355 COST ROICOM D 177594 COST ROICOM J 20485 COST ROICOM L 199494 COST