Flexographic Tech
- Assets
- $0.0
- Revenue
- $19.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 08/2016
- Data as of
- 11/2020
- EIN
- 47-5309490
Organization Overview
Flexographic Tech is located in Minneapolis, MN. The organization was established in 2016. According to its NTEE Classification (B30) the organization is classified as: Vocational & Technical Schools, under the broad grouping of Education and related organizations. Flexographic Tech 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 11/2020, Flexographic Tech generated $19.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (42.9%) each year. All expenses for the organization totaled $171.0k during the year ending 11/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE HANDS-ON TRAINING TO PRODUCE QUALIFIED, PRODUCTIVE FLEXOGRAPHIC PRESS OPERATORS
Describe the Organization's Program Activity:
Part 3 - Line 4a
FLEXOGRAPHIC TECH IS A TECHNICAL SCHOOL THAT PROVIDES MEMBERS OF THE FLEXOGRAPHIC PRINTING AND CONVERTING INDUSTRY, IN MINNESOTA AND THE FIVE STATE AREA, A REGIONAL SOURCE OF EDUCATION AND TRAINING FOR FLEXOGRAPHIC PRESS OPERATORS AND RELATED PERSONNEL. THE ORGANIZATION PROVIDES A VARIETY OF COURSES, FROM BEGINNING A CAREER TO REFRESHING SKILL SETS. CLASSES INSTILL A BROAD UNDERSTANDING OF THE ENTIRE FLEXOGRAPHIC WORKFLOW, COUPLED WITH HANDS-ON EDUCATION AND EXECUTION OF THE PRINTING PROCESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edward Biggs President | OfficerTrustee | 1 | $0 |
James Lundquist Director | Trustee | 1 | $0 |
Michelle Zeller Treasurer | Officer | 1 | $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 | $5,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,500 |
| Total Program Service Revenue | $13,535 |
| Investment income | $0 |
| 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 | $19,035 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $123,053 |
| 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 | $6,879 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $515 |
| Payroll taxes | $526 |
| Fees for services: Management | $5,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,864 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $15,789 |
| Insurance | $2,623 |
| All other expenses | $0 |
| Total functional expenses | $170,967 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Flexographic Tech has awarded $123,053 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
CENTRAL PIEDMONT COMMUNITY COLLEGE FOUNDATION PURPOSE: DISSOLUTION OF FLEXOGRAPHIC TECH | $28,692 |
ISD 623 ROSEVILLE AREA SCHOOLS PURPOSE: DISSOLUTION OF FLEXOGRAPHIC TECH | $14,928 |
PHOENIX CHALLENGE FOUNDATION PURPOSE: DISSOLUTION OF FLEXOGRAPHIC TECH | $59,713 |
BLOC MINISTRIES PURPOSE: DISSOLUTION OF FLEXOGRAPHIC TECH | $19,720 |