Form 990 for tax year 2022
Filed by EAST VALLEY INSTITUTE OF TECHNOLOGY EDUCATION FOUNDATION INC.
Totals
- Total revenue
- $311,898
- Total expenses
- $238,270
- Contributions and grants received
- $179,727
- Grants paid
- $197,022
- Program service revenue
- $0
- Investment income
- $137,272
- Other revenue
- -$5,101
- Total assets, end of year
- $1,146,820
- Total liabilities, end of year
- $53
- Net assets or fund balances, end of year
- $1,146,767
- Program services expenses (Part IX)
- $200,722
- Management and general expenses
- $30,099
- Fundraising expenses
- $7,449
- Program service expenses (Part III)
- $200,722
Program services were 84.2% 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.
-
1c · Fundraising events
$127,273
-
1f · All other contributions, gifts and grants
$52,454
-
3 · Investment income
total $37,764 · unrelated business $0 · excluded $37,764
-
7a · Gross sales of assets other than inventory
securities $327,301
-
7b · Less cost or other basis and sales expenses
securities $227,793
-
7c · Gain or loss
securities $99,508
-
7d · Net gain or loss
total $99,508 · related or exempt $0 · unrelated business $0 · excluded $99,508
-
8a · Fundraising events: gross income
$6,660
-
8a · Fundraising events: contributions included on line 1c
$127,273
-
8b · Fundraising events: direct expenses
$11,761
-
8c · Net income from fundraising events
total -$5,101 · unrelated business $0 · excluded -$5,101
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $197,022 · program services $197,022
-
11a · Fees: management
total $17,600 · program services $3,700 · management and general $8,900 · fundraising $5,000
-
11b · Fees: legal
total $100 · program services $0 · management and general $100 · fundraising $0
-
11c · Fees: accounting
total $2,516 · program services $0 · management and general $2,516 · fundraising $0
-
11f · Fees: investment management
total $9,417 · program services $0 · management and general $9,417 · fundraising $0
-
12 · Advertising and promotion
total $2,449 · program services $0 · management and general $0 · fundraising $2,449
-
13 · Office expenses
total $3,805 · program services $0 · management and general $3,805 · fundraising $0
-
14 · Information technology
total $2,672 · program services $0 · management and general $2,672 · fundraising $0
-
19 · Conferences, conventions and meetings
total $495 · program services $0 · management and general $495 · fundraising $0
-
23 · Insurance
total $2,194 · program services $0 · management and general $2,194 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $148,458 · end of year $30,798
-
2 · Savings and temporary cash investments
beginning of year $100 · end of year $100
-
11 · Investments: publicly traded securities
beginning of year $875,603 · end of year $1,115,922
-
15 · Other assets
beginning of year $86,710
-
17 · Accounts payable and accrued expenses
beginning of year $196 · end of year $53
-
27 · Net assets without donor restrictions
beginning of year $1,110,675 · end of year $1,146,767
Mission and programs · 2022
Mission
THE MISSION IS TO SECURE AND DISTRIBUTE CONTRIBUTIONS FROM INDIVIDUALS, CORPORATIONS, AND FOUNDATIONS FOR THE BENEFIT OF PROMOTING EXCELLENCE IN VOCATIONAL TECHNOLOGICAL EDUCATION AND ENHANCING EDUCATIONAL AND EMPLOYMENT OPPORTUNITIES FOR EVIT STUDENTS.
-
THE EVIT EDUCATION FOUNDATION EXISTS TO HELP STUDENTS WHO ARE IN FINANCIAL NEED. THE ORGANIZATION HELPS PROVIDE THE MEANS TO ELIGIBLE EAST VALLEY INSTITUTE OF TECHNOLOGY STUDENTS TO PAY FOR THE SUPPLIES NEEDED TO COMPLETE THEIR PROGRAM TRAINING, CERTIFICATION TESTING, 3RD PARTY CREDENTIALS, AND IN SOME CASES, LICENSING.
Expenses $200,722 · Grants $197,022
As filed on the 2022 return.
Listed in Part VII
-
CURT KRIZAN
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
JO WILSON
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
THOM MAHER
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
GIOVANNI BRISENO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
FRANKI BUCKMAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
JOE ZAVISLAK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
LARRY CHRISTIANSEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
PATRICK PAUL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
AMY VIOLETTE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
REX GRINDER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
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.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
EAST VALLEY INSTITUTE OF TECHNOLOGY
PUBLIC SCHOOL · AZ
Directly controlled by NA
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 1 February 2024
- IRS schema version
- 2022v5.0
- Source object
- 202401779349300720
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