Poca Technical Institute
- Assets
- $357.6k
- Revenue
- $254.8k
- Investments
- $0.0
- Employees
- 12
- Location
- Portland, OR
- Founding
- 02/2013
- Data as of
- 12/2022
- EIN
- 45-5496763
Organization Overview
Poca Technical Institute is located in Portland, OR. The organization was established in 2013. According to its NTEE Classification (B40) the organization is classified as: Higher Education, under the broad grouping of Education and related organizations. As of 12/2022, Poca Technical Institute employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Poca 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 12/2022, Poca Technical Institute generated $254.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $278.4k during the year ending 12/2022. While expenses have increased by 7.0% 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
POCA TECHNICAL INSTITUTE IS A NONPROFIT, ACUPUNCTURE SCHOOL THAT RECRUITS AND TRAINS STUDENTS TO PROVIDE ACUPUNCTURE TO UNDERSERVED COMMUNITIES AND TO ESTABLISH AN ACADEMIC FOUNDATION FOR THE PRACTICE OF LIBERATION ACUPUNCTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
POCA TECHNICAL INSTITUTE PROVIDES A MASTER'S LEVEL CERTIFICATE IN ACUPUNCTURE THAT BOTH MEETS ACCREDITATION REQUIREMENTS AND THAT PREPARES STUDENT GRADUATES FOR SUCCESSFUL EMPLOYMENT. AT YEAR END THERE WERE 40 ACTIVE STUDENTS IN THE SCHOOL PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Rohleder Lac Executive Di | OfficerTrustee | 40 | $41,200 |
Michelle Rivers Lac Co-Exec Dire | OfficerTrustee | 30 | $23,954 |
John Vella Lac Director | Trustee | 5 | $8,034 |
Dilip Babu Director | Trustee | 2 | $0 |
Claire Bartlett Treasurer | OfficerTrustee | 5 | $0 |
Sonya Gregg Director | Trustee | 2 | $0 |
Financial Statements
| 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 | $49,104 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $49,104 |
| Total Program Service Revenue | $205,005 |
| Investment income | $214 |
| 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 | $254,828 |
| 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. | $73,189 |
| Compensation of current officers, directors, key employees. | $22,469 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $79,361 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,844 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $36,833 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,679 |
| Advertising and promotion | $5,019 |
| Office expenses | $2,195 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $30,360 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $52 |
| Interest | $5,192 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,354 |
| Insurance | $7,160 |
| All other expenses | $270 |
| Total functional expenses | $278,430 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,976 |
| Savings and temporary cash investments | $261,656 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $17,265 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $648 |
| Prepaid expenses and deferred charges | $3,204 |
| Net Land, buildings, and equipment | $13,722 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $44,172 |
| Total assets | $357,643 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $33,833 |
| 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 | $219,666 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $60,056 |
| Total liabilities | $313,555 |
| Net assets without donor restrictions | $35,382 |
| Net assets with donor restrictions | $8,706 |
| 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 | $357,643 |