Gtech Precision Institutefoundation Inc is located in Mansfield, TX. The organization was established in 2006. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gtech Precision Institutefoundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2016, Gtech Precision Institutefoundation Inc generated $13.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (59.6%) each year. All expenses for the organization totaled $9.6k during the year ending 12/2016. As we would expect to see with falling revenues, expenses have declined by (65.1%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2016
Describe the Organization's Program Activity:
Part 3
GTECH PRECISION INSTITUTE FOUNDATION HELPS FACILITATE EDUCATION, WORK TRAINING, AND SCHOLARSHIPS FOR THE DISADVANTAGED YOUTH.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lonnie Diggs Director | 15 | $2,150 | |
Joseph Brown President/di | 1 | $0 | |
Judy Brown Secretary/di | 1 | $0 | |
Gary Smith Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $13,341 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $1 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $13,342 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $2,150 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $380 |
Total expenses | $9,556 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $9,121 |
Other assets | $0 |
Total assets | $9,121 |
Total liabilities | $0 |
Net assets or fund balances | $9,121 |
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