Career Building Academy is located in Colorado Springs, CO. The organization was established in 2012. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 12/2016, Career Building Academy employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Career Building Academy is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2016
Describe the Organization's Mission:
Part 3 - Line 1
TO SERVE CAREER ORIENTED HIGH SCHOOL STUDENTS WHO SEEK TO BE EDUCATED AND TRAINED IN ALL ASPECTS OF THE RESIDENTIAL AND COMMERCIAL BUILDING TRADES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CAREER BUILDING ACADEMY IS A SCHOOL WITHIN A SCHOOL, DESIGNED TO INTRODUCE STUDENTS TO A WIDE SPECTRUM OF CAREER CHOICES IN THE CONSTRUCTION INDUSTRY. THE CAREER BUILDING ACADEMY COMBINES THE BENEFITS OF AN ACADEMIC PUBLIC EDUCATION WITH A HANDS-ON VOCATIONALLY ORIENTED PROGRAM PROVIDING A PRACTICAL EDUCATION TO PARTICIPAITNG STUDENTS.
TAX DEPRECIATION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Steve Schneider Chairman Of | Trustee | 1 | $0 |
Tom Brinegar Board Member | Trustee | 1 | $0 |
Yee-Ann Cho Board Member | Trustee | 1 | $0 |
Bob Lapalme Board Member | Trustee | 1 | $0 |
Tony Lewis Board Member | Trustee | 1 | $0 |
Richard N Johnson President | Officer | 40 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $17,220 |
All other contributions, gifts, grants, and similar amounts not included above | $764 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $17,984 |
Total Program Service Revenue | $402,701 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$141,013 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $279,672 |
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 | $187,852 |
Pension plan accruals and contributions | $34,337 |
Other employee benefits | $4,561 |
Payroll taxes | $11,706 |
Fees for services: Management | $0 |
Fees for services: Legal | $35,228 |
Fees for services: Accounting | $10,231 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $102,973 |
Advertising and promotion | $1,938 |
Office expenses | $15,896 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $97,656 |
Travel | $3,735 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $5,508 |
Insurance | $15,900 |
All other expenses | $24,384 |
Total functional expenses | $700,601 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,721 |
Savings and temporary cash investments | $144 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 |
Net Land, buildings, and equipment | $40,104 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $42,969 |
Accounts payable and accrued expenses | $101,648 |
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 | $23,144 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $124,792 |
Unrestricted restricted net Assets | $0 |
Temporarily restricted net Assets | $0 |
Permanently restricted net Assets or current funds | $0 |
Capital stock or trust principal, or current funds | -$81,823 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total net assets or fund balances | -$81,823 |