Ekentucky Advanced Manufacturing Institute Inc

Organization Overview

Ekentucky Advanced Manufacturing Institute Inc is located in Paintsville, KY. The organization was established in 2018. According to its NTEE Classification (C60) the organization is classified as: Environmental Education, under the broad grouping of Environment and related organizations. As of 12/2021, Ekentucky Advanced Manufacturing Institute Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ekentucky Advanced Manufacturing Institute 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 12/2020, Ekentucky Advanced Manufacturing Institute Inc generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 16.8% each year . All expenses for the organization totaled $1.2m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE STATE OF THE ART JOB TRAINING AND SUPPORT IN THE MANUFACTURING AND ROBOTICS INDUSTRIES FOR UNEMPLOYED WORKERS AND TO MEET AND EXCEED THE EXPECTATIONS OF EMPLOYERS IN THE MANUFACTURING INDUSTRY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDED TRAINING AND SUPPORT IN THE MANUFACTURING AND ROBOTICS INDUSTRIES TO UNEMPLOYED WORKERS. THERE WERE 37 GRADUATES FROM THE PROGRAM IN 2020, ALL OF WHICH FOUND GAINFUL EMPLOYMENT OR WERE OFFERED EMPLOYMENT OPPORTUNITIES IN ADVANCED MANUFACTURING AND ROBOTICS.


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Board, Officers & Key Employees

Name (title)Compensation
Kathy Walker
President &
$202,158
Jim Mike Williams
Treasurer &
$0
Howard Roberts
Secretary &
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,018,552
All other contributions, gifts, grants, and similar amounts not included above$58,709
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,077,261
Total Program Service Revenue$3,787
Investment income $4,510
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 $1,085,558

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