Amskills Inc
- Assets
- $2.7m
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 13
- Location
- Holiday, FL
- Founding
- 06/2018
- Data as of
- 06/2021
- EIN
- 82-3888203
Organization Overview
Amskills Inc is located in Holiday, FL. The organization was established in 2018. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 09/2023, Amskills Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Amskills 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 06/2021, Amskills Inc generated $3.0m in total revenue. All expenses for the organization totaled $819.0k during the year ending 06/2021. While expenses have increased by 158.3% per year over the past 3 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEEK GRANTS, FUNDING SOURCES AND EDUCATE THE COMMUNITY ABOUT THE AMERICAN MANUFACTURING SKILLS INITIATIVE BY BRINGING TOGETHER GOVERNMENT, EDUCATION, AND INDUSTRY TO WORK TOGETHER ON BUILDING SOLUTIONS FOR WORKFORCE DEVELOPMENT THROUGH APPRENTICENSHIP TRAINING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE 2-WEEK BOOTCAMP CONSISTS OF MULTIPLE HANDS-ON PROJECTS, BLUEPRINT AND PRECISION MEASUREMENT, INTRO TO SOLDERING, ELECTRICAL & MECHATRONICS, TOURS OF LOCAL MANUFACTURER, OSHA 10 SAFETY CERTIFICATION, EMPLOYABILITY SKILLS ASSESSMENT AND INTERNVIEW COACHING. ALL PARTICIPANTS WHO SUCCESSFULLY COMPLETE THE BOOTCAMP RECEIVE A CERTIFICATE OF COMPLETION AND ARE GUARANTEED INTERVIEWS WITH MULTIPLE COMPANIES.
ALL OTHER ACCOMPLISHMENTS
THE AMSKILLS APPRENTICENSHIP IS AN EMPLOYER-SPONSORED PROGRAM, REGISTERED WITH THE FLORIDA DEPARTMENT OF EDUCATION THAT PROVIDES COMPETENCY-BASED TRAINING FOR CNC SETUP PROGRAMMER AND MECHATRONICS TECHNICIAN FIELDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Mudano Executive Of | Trustee | 40 | $98,000 |
Peter Buczynsky Board Member | Officer | 1 | $0 |
Derek Diaz Board Member | Officer | 1 | $0 |
Leroy Yancey Jr Board Member | Officer | 1 | $0 |
Andrew Laflin Board Member | Officer | 1 | $0 |
Dr Joseph Mcgee Board Member | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,973,302 |
| Investment income | $2 |
| 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 | $3,043,122 |
| Statement of Expenses | |
|---|---|
| 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. | $69,615 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $207,522 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $34,116 |
| Payroll taxes | $19,646 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,338 |
| Fees for services: Accounting | $8,412 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $84,332 |
| Advertising and promotion | $40,232 |
| Office expenses | $4,077 |
| Information technology | $5,928 |
| Royalties | $0 |
| Occupancy | $26,888 |
| Travel | $2,521 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $14,314 |
| Payments to affiliates | $37,732 |
| Depreciation, depletion, and amortization | $76,378 |
| Insurance | $27,013 |
| All other expenses | $53,117 |
| Total functional expenses | $818,958 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $357,822 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $35,769 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $483 |
| Prepaid expenses and deferred charges | $126,961 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $750 |
| Other assets | $5,315 |
| Total assets | $2,690,514 |
| Accounts payable and accrued expenses | $8,235 |
| Grants payable | $0 |
| Deferred revenue | $16,018 |
| 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 | $321,177 |
| Total liabilities | $345,430 |
| Net assets without donor restrictions | $2,345,084 |
| 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 |
| Total liabilities and net assets/fund balances | $2,345,084 |