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 06/2023, Council On Occupational Education Inc employed 26 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 06/2023, Council On Occupational Education Inc generated $4.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $3.9m during the year ending 06/2023. While expenses have increased by 5.1% 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
2023
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)
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gary Puckett Exe Director | 60 | $227,145 | |
Kirk Nooks President CEO | OfficerTrustee | 60 | $193,404 |
Kim Ziebarth Commissioner | OfficerTrustee | 2 | $0 |
Karen Wade Secretary Treasurer | OfficerTrustee | 2 | $0 |
Julie Ha Commissioner | OfficerTrustee | 2 | $0 |
Melinda Isaacs Vice Chair | OfficerTrustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $2,692,246 |
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 | $2,692,246 |
Total Program Service Revenue | $1,193,783 |
Investment income | $255,686 |
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 | $4,141,715 |
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. | $381,818 |
Compensation of current officers, directors, key employees. | $381,818 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,176,795 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $517,976 |
Payroll taxes | $103,013 |
Fees for services: Management | $0 |
Fees for services: Legal | $96,337 |
Fees for services: Accounting | $8,200 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $100,897 |
Advertising and promotion | $0 |
Office expenses | $45,291 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $14,801 |
Travel | $250,901 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $529,453 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $59,929 |
Insurance | $64,135 |
All other expenses | $0 |
Total functional expenses | $3,922,731 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $2,260,521 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $78,615 |
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 | $661,944 |
Investments—publicly traded securities | $0 |
Investments—other securities | $6,240,844 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $423,624 |
Total assets | $9,665,548 |
Accounts payable and accrued expenses | $92,421 |
Grants payable | $0 |
Deferred revenue | $2,323,410 |
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 | $938,890 |
Total liabilities | $3,354,721 |
Net assets without donor restrictions | $6,310,827 |
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 | $9,665,548 |