Sweet Grass Technical Institute is located in Big Timber, MT. The organization was established in 2019. According to its NTEE Classification (B30) the organization is classified as: Vocational & Technical Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sweet Grass Technical Institute 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, Sweet Grass Technical Institute generated $54.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (4.0%) each year. All expenses for the organization totaled $83.3k during the year ending 06/2022. 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
TO PROVIDE ALL STUDENTS THE OPPORTUNITY TO WORK IN A POSITIVE ENVIRONMENT LEARNING A SKILLED TRADE
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROJECTS CONSIST OF OBTAINING VEHICLES AND OTHER EQUIPMENT EITHER THROUGH PURCHASE OR DONATIONS IN NEED OF EXTENSIVE REPAIRS FOR THE STUDENTS TO REPAIR AND MAKE OPERABLE
CONDUCTED A CLASSIC CAR SHOW
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Casey Smith Executive Director | Officer | 20 | $21,996 |
Don Maas President | OfficerTrustee | 2 | $0 |
Martin Stene Vice President | OfficerTrustee | 2 | $0 |
Heather Jarrett Director | Trustee | 2 | $0 |
Travis Biege Director | Trustee | 2 | $0 |
Rob Harrick Director | Trustee | 2 | $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 | $46,610 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $46,610 |
Total Program Service Revenue | $7,997 |
Investment income | $15 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $54,622 |
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 | $8,164 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $677 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $4,334 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $21,996 |
Advertising and promotion | $3,742 |
Office expenses | $1,745 |
Information technology | $975 |
Royalties | $0 |
Occupancy | $7,476 |
Travel | $0 |
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 | $13,705 |
Insurance | $2,517 |
All other expenses | $14,657 |
Total functional expenses | $83,304 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $22,914 |
Savings and temporary cash investments | $6,065 |
Pledges and grants receivable | $41 |
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 | $53,574 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $5,623 |
Total assets | $88,217 |
Accounts payable and accrued expenses | $1,590 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $1,590 |
Net assets without donor restrictions | $86,627 |
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 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $88,217 |
Over the last fiscal year, we have identified 2 grants that Sweet Grass Technical Institute has recieved totaling $17,548.
Awarding Organization | Amount |
---|---|
Sweet Grass Community Foundation Big Timber, MT PURPOSE: Project Cars, Supplies, Operating | $15,048 |
Grace Jones Richardson Tr Greensboro, NC PURPOSE: TO ASSIST THE ORGANIZATION IN CARRYING OUT ITS EXEMPT PURPOSE | $2,500 |
Organization Name | Assets | Revenue |
---|---|---|
Dakotas Area Electrical Apprenticeship & Training Fund Tru Fargo, ND | $2,437,176 | $1,301,898 |
Southwestern Idaho Electrical Joint Apprenticeship And Training Trust Boise, ID | $5,395,650 | $1,364,365 |
Lifes Kitchen Inc Boise, ID | $3,948,069 | $1,735,479 |
Advanced Regional Technical Educational Inc Rupert, ID | $731,977 | $1,159,999 |
Eastern Idaho Electrical Joint Apprentice Training Trust Tt-2 Pocatello, ID | $1,547,992 | $675,786 |
Plumbers & Pipefitters Local Union 300 Education & Training Tr Fund Fargo, ND | $2,307,912 | $541,033 |
Treasure State Apprentice School Inc Helena, MT | $313,555 | $371,853 |
Sheet Metal Workers International Association Firth, ID | $441,857 | $0 |
Idaho Agc Education Foundation Inc Boise, ID | $293,240 | $0 |
North Idaho High School Aerospace Program Inc Sagle, ID | $95,428 | $0 |
Wyoming Healthcare Training Centers Green River, WY | $0 | $123,530 |
Sweet Grass Technical Institute Big Timber, MT | $88,217 | $54,622 |