Technical Employment Training Inc
- Assets
- $477.8k
- Revenue
- $745.4k
- Investments
- $0.0
- Employees
- 11
- Location
- San Bernardino, CA
- Founding
- 09/2011
- Data as of
- 12/2022
- EIN
- 27-0152494
Organization Overview
Technical Employment Training Inc is located in San Bernardino, CA. The organization was established in 2011. According to its NTEE Classification (B30) the organization is classified as: Vocational & Technical Schools, under the broad grouping of Education and related organizations. As of 12/2022, Technical Employment Training Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Technical Employment Training 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 12/2022, Technical Employment Training Inc generated $745.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $712.0k during the year ending 12/2022. While expenses have increased by 0.9% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TET OFFERS EDUCATION, TRAINING AND NATIONAL CERTIFICATIONS IN CAREER EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONSULTING EDUCATION THE CONSULTING EDUCATION PROGRAM PROVIDES CONSULTING TO ORGANIZATIONS TO ASSIST IN DEVELOPMENT OF A PIPELINE OF STUDENTS INTO HIGHER EDUCATION FOR MANUFACTURING TRADES.
MACHINE TRAININGIN CONJUNCTION WITH THE SAN BERARDINO COUNTY SUPERINTENDENT OF SCHOOLS REGIONAL OCCUPATION PROGRAM, TECHNICAL EMPLOYMENT TRAINING, INC PROVIDES TRAINING IN THE MANUFACTURING OF HIGH TECHNOLOGY PRODUCTS. THE SCHOOL'S 630-HOUR PROGRAM HAS HAD 16 STUDENTS COMPLETE THE PROGRAM IN 2022. THE SCHOOL'S STAFF ALSO ASSISTS EMPLOYERS IN ACQUIRING SKILLED EMPLOYEES. THE CURRICULUM INCLUDES BASIC MATH, BASIC BLUEPRINT READING, METROLOGY AND INSPECTION, BASIC MACHINE OPERATION, COMPUTER-AIDED MANUFACTURING, AND ENTRY-LEVEL COMPUTERIZED NUMERICAL CONTROLLED OPERATIONS. IT ALSO INCLUDES 90 HOURS OF BASIC WORKPLACE SKILLS TRAINING.
MANUFACTURING WORK THE MANUFACTURING PROGRAM PROVIDES STUDENTS WITH AN IDEAL ENVIRONMENT TO PREPARE THEM FOR THE REAL-WORLD WORKPLACE. THE ORGANIZATION CONTRACTS WITH LOCAL BUSINESSES TO PROVIDE MANUFACTURED PRODUCTS. STUDENTS RECEIVE SUPERVISED ON-THE-JOB TRAINING IN THE MANUFACTURING OF FINISHED GOODS. STUDENTS HAVE THE OPPORTUNITY TO PARTICIPATE BASED ON THE PARTICULAR NEEDS OF THE CUSTOMER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Donald F Averill Chair | OfficerTrustee | 4 | $0 |
Bill Waddingham Treasurer | OfficerTrustee | 1 | $0 |
Kimberly Clarke Secretary | OfficerTrustee | 1 | $0 |
Michael Gallo Member-At-Large | Trustee | 1 | $0 |
Michael Gialluly Member-At-Large | Trustee | 1 | $0 |
Jason Flejter Member-At-Large | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $156,593 |
| All other contributions, gifts, grants, and similar amounts not included above | $35,188 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $191,781 |
| Total Program Service Revenue | $547,231 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $6,133 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $745,395 |
| 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. | $125,628 |
| Compensation of current officers, directors, key employees. | $45,596 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $228,654 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $10,214 |
| Payroll taxes | $27,321 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $36,591 |
| Advertising and promotion | $2,996 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $60,506 |
| Travel | $3,899 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $20,236 |
| Interest | $22,015 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $29,915 |
| Insurance | $16,120 |
| All other expenses | $13,090 |
| Total functional expenses | $711,983 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $143,343 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $46,434 |
| 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 | $3,949 |
| Net Land, buildings, and equipment | $130,500 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $153,593 |
| Total assets | $477,819 |
| Accounts payable and accrued expenses | $75,319 |
| 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 | $400,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $475,319 |
| Net assets without donor restrictions | -$31,380 |
| Net assets with donor restrictions | $33,880 |
| 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 | $477,819 |