Totals
- Total revenue
- $14,791,873
- Total expenses
- $14,658,635
- Contributions and grants received
- $2,830,175
- Grants paid
- $2,045,690
- Program service revenue
- $11,657,481
- Investment income
- $19,627
- Other revenue
- $284,590
- Total assets, end of year
- $23,323,054
- Total liabilities, end of year
- $6,804,164
- Net assets or fund balances, end of year
- $16,518,890
- Program services expenses (Part IX)
- $13,871,307
- Management and general expenses
- $787,328
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $13,871,307
Program services were 94.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$2,830,175
-
2a · Program service revenue: WORKFORCE DEVELOPMENT
total $5,402,658 · related or exempt $5,402,658
-
2b · Program service revenue: TUITION AND OTHER FEES
total $4,173,204 · related or exempt $4,173,204
-
2c · Program service revenue: SCHOLARSHIPS
total $1,315,228 · related or exempt $1,315,228
-
2d · Program service revenue: PERFORMANCE BASED INCENTIVES
total $319,336 · related or exempt $319,336
-
2e · Program service revenue: CUSTOMER SERVICE FEES
total $248,689 · related or exempt $248,689
-
2f · All other program service revenue
total $198,366 · related or exempt $198,366
-
3 · Investment income
total $19,627 · excluded $19,627
-
10a · Gross sales of inventory
$221,290
-
10b · Cost of goods sold
$157,702
-
10c · Net income from sales of inventory
total $63,588 · related or exempt $63,588
-
11a · Other revenue: MISCELLANEOUS INCOME
total $221,002 · related or exempt $221,002
-
11e · Other revenue, total
$221,002
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $2,045,690 · program services $2,045,690
-
5 · Compensation of officers, directors and key employees
total $200,375 · program services $189,892 · management and general $10,483
-
7 · Other salaries and wages
total $6,324,471 · program services $5,903,870 · management and general $420,601
-
8 · Pension plan contributions
total $621,811 · program services $567,676 · management and general $54,135
-
9 · Other employee benefits
total $548,260 · program services $512,019 · management and general $36,241
-
10 · Payroll taxes
total $329,344 · program services $306,181 · management and general $23,163
-
11c · Fees: accounting
total $85,330 · program services $42,665 · management and general $42,665
-
13 · Office expenses
total $179,772 · program services $163,020 · management and general $16,752
-
14 · Information technology
total $156,948 · program services $146,714 · management and general $10,234
-
16 · Occupancy
total $514,839 · program services $468,450 · management and general $46,389
-
17 · Travel
total $40,577 · program services $35,391 · management and general $5,186
-
20 · Interest
total $2,333 · program services $1,516 · management and general $817
-
22 · Depreciation, depletion and amortization
total $609,033 · program services $603,208 · management and general $5,825
-
23 · Insurance
total $111,927 · program services $38,908 · management and general $73,019
-
24a · Other expenses: NON-CAPITALIZABLE SUPPL
total $1,462,177 · program services $1,444,358 · management and general $17,819
-
24b · Other expenses: MISCELLANEOUS EXPENSES
total $1,020,392 · program services $1,015,264 · management and general $5,128
-
24c · Other expenses: DUES AND FEES
total $165,662 · program services $157,793 · management and general $7,869
-
24d · Other expenses: REPAIRS AND MAINTENANCE
total $158,652 · program services $151,507 · management and general $7,145
-
24e · All other expenses
total $81,042 · program services $77,185 · management and general $3,857
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $13,817,870 · end of year $10,577,998
-
2 · Savings and temporary cash investments
beginning of year $1,637,309 · end of year $3,626,181
-
4 · Accounts receivable
beginning of year $278,164 · end of year $565,201
-
9 · Prepaid expenses and deferred charges
beginning of year $914 · end of year $914
-
10a · Land, buildings and equipment: cost or other basis
$9,303,773
-
10b · Land, buildings and equipment: accumulated depreciation
$2,241,874
-
10c · Land, buildings and equipment, net
beginning of year $6,797,398 · end of year $7,061,899
-
15 · Other assets
beginning of year $1,329,582 · end of year $1,490,861
-
17 · Accounts payable and accrued expenses
beginning of year $70,466 · end of year $130,642
-
19 · Deferred revenue
beginning of year $272,868 · end of year $245,556
-
25 · Other liabilities
beginning of year $6,804,364 · end of year $6,427,966
-
27 · Net assets without donor restrictions
beginning of year $15,071,455 · end of year $9,505,920
-
28 · Net assets with donor restrictions
beginning of year $1,642,084 · end of year $7,012,970
Mission and programs · 2022
Mission
TO MEET THE EDUCATIONAL NEEDS OF THE COMMUNITY BY OFFERING A VARIETY OF HIGH QUALITY VOCATIONAL AND TECHNICAL TRAINING OPPORTUNITIES FOR HIGH SCHOOL AND ADULT STUDENTS. THE COLLEGE IS A POST SECONDARY TECHNICAL COLLEGE.
Activities or mission (Part I)
TO MEET THE EDUCATIONAL NEEDS OF THE COMMUNITY BY OFFERING CAREER-TECHNICAL TRAINING OPPORTUNITIES.
-
CURRICULUM AND PROGRAM DESIGN REFLECT THE NEEDS AND STANDARDS OF THE RESPECTIVE INDUSTRY. INSTRUCTION IS LARGELY INDIVIDUALIZED, WHICH ALLOWS STUDENTS TO PROGRESS BASED ON THEIR ABILITIES. INDIVIDUALIZED SPECIAL ACCOMMODATION AND REMEDIATION IS A STANDARD PRACTICE FOR STUDENTS WHO REQUIRE ASSISTANCE. THE SCHOOL SERVED AN AVERAGE OF 2,119 STUDENTS DURING THE FISCAL YEAR ENDED JUNE 30, 2023.
Expenses $13,871,307 · Grants $2,045,690 · Revenue $11,942,071
As filed on the 2022 return.
Listed in Part VII
-
RICHARD D KEITH
CHAIRMAN OF THE BOARD
- Total calculated
- $0
- Hours/week
- 0.5
-
ISAAC DEAS II
VICE-PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.5
-
LANA PAYNE
SECRETARY
- Total calculated
- $0
- Hours/week
- 0.5
-
LORRAINE FOSTER
TREASURER
- Total calculated
- $0
- Hours/week
- 0.5
-
DAVE STEELE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
CA VOSSBERG
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
JUDY BEDA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
MICKEY GAULDIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
TIM MORRIS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
GERALD COBB
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
CHUCK BROADWAY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
DEANNA THOMAS
EXECUTIVE DIRECTOR
- Total calculated
- $167,765
- From this org
- $130,000
- From related orgs
- $0
- Other
- $37,765
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $130,000
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $37,765
- Filer's total
- $167,765
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 13 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202441349349307694
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.