Keystone Apprenticeship Trust Fund is located in Manheim, PA. The organization was established in 1982. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Keystone Apprenticeship Trust Fund 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 07/2023, Keystone Apprenticeship Trust Fund generated $1.5m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $1.4m during the year ending 07/2023. While expenses have increased by 3.8% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDES GOLD COLLAR CAREERS THROUGH EDUCATION AND TRAINING OPPORTUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
APPRENTICESHIP AND TRADE PROGRAM EDUCATION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John Hykes II Chairman | OfficerTrustee | 0.25 | $0 |
James Craft Trustee | Trustee | 0.25 | $0 |
Mark Eckman Trustee | Trustee | 0.25 | $0 |
Duane Moyer Trustee | Trustee | 0.25 | $0 |
Christopher Smith Trustee | Trustee | 0.25 | $0 |
Brandon Witmer Trustee | Trustee | 0.25 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $1,452,500 |
Investment income | $57,340 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$4,454 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,506,825 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $425,677 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $3,217 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $24,029 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $10,607 |
Fees for services: Other | $1,533 |
Advertising and promotion | $37,706 |
Office expenses | $27,728 |
Information technology | $10,773 |
Royalties | $0 |
Occupancy | $178,957 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $303 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $28,800 |
Insurance | $11,911 |
All other expenses | $20,124 |
Total functional expenses | $1,400,043 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $469,733 |
Savings and temporary cash investments | $438,053 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $159,835 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $32,289 |
Prepaid expenses and deferred charges | $525 |
Net Land, buildings, and equipment | $91,038 |
Investments—publicly traded securities | $1,877,998 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $595,331 |
Total assets | $3,664,802 |
Accounts payable and accrued expenses | $12,469 |
Grants payable | $29,170 |
Deferred revenue | $733,219 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $753,375 |
Total liabilities | $1,528,233 |
Net assets without donor restrictions | $1,772,234 |
Net assets with donor restrictions | $364,335 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $3,664,802 |