Council On Occupational Education Inc
- Assets
- $8.2m
- Revenue
- $4.0m
- Investments
- $5.8m
- Employees
- 21
- Location
- Atlanta, GA
- Founding
- 05/1995
- Data as of
- 06/2022
- EIN
- 58-2130347
Organization Overview
Council On Occupational Education Inc is located in Atlanta, GA. The organization was established in 1995. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2022, Council On Occupational Education Inc employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Council On Occupational Education 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 06/2022, Council On Occupational Education Inc generated $4.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $3.1m during the year ending 06/2022. While expenses have increased by 2.3% per year over the past 7 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
ACCREDITATION OF SCHOOLS
Describe the Organization's Program Activity:
Part 3 - Line 4a
NATIONAL ACCREDITATION OF 586 OCCUPATIONAL EDUCATION INSTITUTIONS (COLLEGES AND SCHOOLS)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Puckett Exe Director | OfficerTrustee | 60 | $371,495 |
Cindy Sheldon Deputy Exec Director | Officer | 40 | $193,343 |
Alex Wittig Assoc Exec Director | Officer | 40 | $147,312 |
Melinda Isaacs Vice Chair | OfficerTrustee | 2 | $0 |
Lois Gaskenheimer Richards Immediate Past Chair | OfficerTrustee | 2 | $0 |
Jeff Sisk Commission Chair | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,566,801 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,566,801 |
| Total Program Service Revenue | $1,224,821 |
| Investment income | $243,442 |
| 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 | $4,035,630 |
| 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. | $335,245 |
| Compensation of current officers, directors, key employees. | $335,245 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,268,544 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $393,156 |
| Payroll taxes | $105,823 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $51,375 |
| Fees for services: Accounting | $9,150 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $33,776 |
| Advertising and promotion | $0 |
| Office expenses | $47,411 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $14,354 |
| Travel | $130,760 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $129,823 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $65,967 |
| Insurance | $52,191 |
| All other expenses | $7,235 |
| Total functional expenses | $3,088,090 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,284,458 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $44,014 |
| 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 | $681,160 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $5,848,910 |
| Investments—program-related | $0 |
| Intangible assets | $125,074 |
| Other assets | $218,329 |
| Total assets | $8,201,945 |
| Accounts payable and accrued expenses | $35,579 |
| Grants payable | $0 |
| Deferred revenue | $1,407,922 |
| 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 | $817,527 |
| Total liabilities | $2,261,028 |
| Net assets without donor restrictions | $5,940,917 |
| 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 | $8,201,945 |
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|---|---|---|
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North Raleigh Christian Academy Raleigh, NC | $50,620,236 | $15,888,714 |
Galileo School Foundation Inc Sanford, FL | $34,481,901 | $12,247,750 |
Tree Of Knowledge Learning Academy Inc Miami Beach, FL | $8,101,415 | $14,538,092 |
Bridge Prep Academy Of Tampa Inc Miami, FL | $4,019,388 | $14,708,273 |
Instruction Partners Nashville, TN | $7,038,441 | $15,858,376 |
Alabama Nursing Home Association Education Foundation Montgomery, AL | $40,408,149 | $40,141,575 |
Centennial Place Academy Inc Atlanta, GA | $7,663,078 | $14,548,051 |
Read Foundation Memphis, TN | $15,946,000 | $13,611,845 |
Georgia School Boards Association Workers Compensation Fund Lawrenceville, GA | $82,470,003 | $15,076,432 |
Pemayetv Emahakv Inc Hollywood, FL | $6,038,282 | $10,053,886 |
Phoenix Counseling Center Mooresville, NC | $4,757,713 | $10,250,930 |