Mantec Inc
- Assets
- $2.5m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 14
- Location
- York, PA
- Founding
- 03/1990
- Data as of
- 06/2022
- EIN
- 23-2518545
Organization Overview
Mantec Inc is located in York, PA. The organization was established in 1990. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2023, Mantec Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mantec 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 06/2022, Mantec Inc generated $2.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $2.2m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (4.3%) per year over the past 8 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ACCELERATING MANUFACTURING EXCELLENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEPARTMENT OF COMMUNITY AND ECONOMIC DEVELOPMENT FUNDING - IRC PROGRAM - MANTEC SERVES THE MANUFACTURING COMMUNITY AS ONE OF SEVEN INDUSTRIAL RESOURCE CENTERS ACROSS PENNSYLVANIA. THE COMMONWEALTH OF PENNSYLVANIA SUPPORTS MANTEC, ITS 2,800 MANUFACTURERS, AND THE INDUSTRIAL RESOURCE CENTERS. MANTEC'S SERVICE REGION INCLUDES ADAMS, CUMBERLAND, DAUPHIN, FRANKLIN, FULTON, LANCASTER, LEBANON, PERRY, AND YORK COUNTIES.
U.S. DEPARTMENT OF COMMERCE - NIST - MEP FUNDING - MANTEC, IN COLLABORATION WITH ITS SISTER INDUSTRIAL RESOURCE CENTERS FORMED AN ALLIANCE WITH THE MANUFACTURING EXTENSION PARTNERSHIP (MEP), A PROGRAM OF THE COMMERCE DEPARTMENT'S NATIONAL INSTITUTE OF STANDARDS AND TECHNOLOGY. MEP IS A NATIONWIDE NETWORK OF CENTERS HELPING SMALLER U.S. MANUFACTURERS TO IMPROVE THEIR PERFORMANCE AND BECOME MORE COMPETITIVE, ADDRESSING THE DIVERSE AND OFTEN UNIQUE NEEDS OF SMALLER MANUFACTURERS.
CONSULTING SERVICES - MANTEC PROVIDES BUSINESS CONSULTING SERVICES IN THE AREAS OF BUSINESS GROWTH, PROCESS IMPROVEMENT, SUSTAINABILITY, WORKFORCE DEVELOPMENT, AND INFORMATION SYSTEMS. MANTEC DOES THIS THROUGH WORKSHOPS, SEMINARS, ROUDTABLES, AND SPECIAL TRAINING EVENTS TO ASSIST MANUFACTURERS IN STAYING INFORMED ABOUT THE LATEST DEVELOPMENTS IN TECHNOLOGY, REGULATORY COMPLIANCE, AND BUSINESS PRACTICES. MANTEC PROVIDES AFFORDABLE TRAINING AND NETWORKING OPPORTUNITIES THAT ARE TAILORED TO SMALL AND MEDIUM SIZED MANUFACTURERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kumar Ramachandrappa Board Member | Trustee | 2 | $0 |
Mark Mantooth Board Member | Trustee | 2 | $0 |
Tonya Nye Board Member | Trustee | 2 | $0 |
Jim Weaver Board Member | Trustee | 2 | $0 |
Kate Kohler Board Member | Trustee | 2 | $0 |
Kevin Schreiber Board Member | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Webfx Inc Consulting Services/pass Through | 6/29/23 | $212,384 |
Ledge Inc Qms Audit Support Consultants | 6/29/23 | $124,424 |
Continuous Improvement Partners Llc Lean Training Consultant | 6/29/23 | $108,082 |
Go Lean Six Training And Consulting Lean Training Consultant | 6/29/23 | $105,511 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,798,038 |
| Investment income | $48,776 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $10,666 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,270,667 |
| Statement of Expenses | |
|---|---|
| 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. | $206,717 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $877,549 |
| Pension plan accruals and contributions | $70,003 |
| Other employee benefits | $139,345 |
| Payroll taxes | $92,134 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $37,065 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $55,524 |
| Advertising and promotion | $86,208 |
| Office expenses | $45,905 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $59,926 |
| Travel | $32,024 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,126 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $21,017 |
| Insurance | $15,914 |
| All other expenses | $0 |
| Total functional expenses | $2,177,991 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $153,941 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $319,280 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $1,429,053 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,466,583 |
| Accounts payable and accrued expenses | $134,248 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $439,035 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $573,283 |
| Net assets without donor restrictions | $1,893,300 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $1,893,300 |