Comptia Tech Career Academy
- Assets
- $2.7m
- Revenue
- $5.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Downers Grove, IL
- Founding
- 03/2019
- Data as of
- 12/2021
- EIN
- 82-4863904
Organization Overview
Comptia Tech Career Academy is located in Downers Grove, IL. The organization was established in 2019. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Comptia Tech Career Academy 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 12/2021, Comptia Tech Career Academy generated $5.4m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 64.0% each year . All expenses for the organization totaled $7.0m during the year ending 12/2021. 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
CTCA STUDIES THE INTERSECTION OF TECHNOLOGY AND WORKFORCE, AND LEVERAGES THOSE INSIGHTS (SEE SCH O) TO PRODUCE DATA-DRIVEN, SMART SOLUTIONS, POLICIES, AND METHODOLOGIES TO ENSURE A PRODUCTIVE, VIABLE, AND EQUITABLE 21ST CENTURY. CTCA LOOKS AT NEW TECHNOLOGY JOB CREATION TRENDS FOR BOTH DEGREE AND NON-DEGREE WORKERS; EXPLORES HOW NEW TECHNOLOGIES MIGHT BE CREATING EFFICIENCIES AND OPENING UP OPPORTUNITIES FOR EXISTING WORKERS; AND WHAT FISCAL AND SOCIAL POLICIES ARE NEEDED TO BOTH FACILITATE AND EASE THE TRANSITION FROM TRADITIONAL BLUE COLLAR JOBS TO "NEW COLLAR" JOBS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AT COMPTIA TECH CAREER ACADEMY, OUR GOAL IS TO HELP YOU LAND, AND SUCCEED IN, AN IT JOB. WE TRAIN STUDENTS WITH LITTLE-TO-NO INFORMATION TECHNOLOGY EXPERIENCE AND GIVE YOU THE TECHNICAL AND SOFT SKILLS TO LAUNCH YOUR CAREER.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Todd Thibodeaux Chairman, Director | OfficerTrustee | 1 | $0 |
Charles Eaton Ceo, Director | OfficerTrustee | 1 | $0 |
Brian Laffey Treasurer, Director | OfficerTrustee | 1 | $0 |
Courtney Fong Secretary, Director | OfficerTrustee | 1 | $0 |
John Malonson Director | Trustee | 1 | $0 |
Adam Turner Chief Academic Officer | 40 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
111 Sw 5th Avenue Investors Llc Office Rent | 12/30/21 | $112,520 |
Sinclair & Co Marketing | 12/30/21 | $101,734 |
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 | $2,635,742 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,635,742 |
| Total Program Service Revenue | $2,789,139 |
| 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 | $5,424,881 |
| 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. | $996,027 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,975,075 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $802,808 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $617,338 |
| Office expenses | $28,712 |
| Information technology | $211,189 |
| Royalties | $0 |
| Occupancy | $278,998 |
| Travel | $83,297 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,033 |
| Interest | $6,798 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $34,064 |
| Insurance | $103,524 |
| All other expenses | $0 |
| Total functional expenses | $6,988,371 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,139,487 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $337,158 |
| 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 | $28,152 |
| Net Land, buildings, and equipment | $224,055 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,728,852 |
| Accounts payable and accrued expenses | $824,840 |
| Grants payable | $0 |
| Deferred revenue | $1,955,920 |
| 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 | $891,691 |
| Total liabilities | $3,672,451 |
| Net assets without donor restrictions | -$943,599 |
| 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 | $2,728,852 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Comptia Tech Career Academy has recieved totaling $49,281.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $49,281 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Supporting Families Together Association Inc Madison, WI | $1,243,761 | $19,699,760 |
Family Development Services Inc Indianapolis, IN | $6,961,291 | $21,119,232 |
Indianapolis Private Industry Council Inc Indianapolis, IN | $7,195,768 | $15,248,899 |
Chicago Urban League Chicago, IL | $6,767,284 | $15,691,423 |
Cara Program Chicago, IL | $15,165,260 | $11,673,454 |
The Mission Continues Saint Louis, MO | $10,410,766 | $11,093,875 |
Mayors Youth Empowerment Program Iowa City, IA | $6,304,962 | $7,071,387 |
Comptia Tech Career Academy Downers Grove, IL | $2,728,852 | $5,424,881 |
Proteus Inc Des Moines, IA | $1,359,202 | $6,864,690 |
United Workforce Development Board Inc Pekin, IL | $714,374 | $6,448,841 |
Northern Indiana Workforce Board Inc South Bend, IN | $1,518,783 | $6,187,359 |
Goodwill Manufacturing Inc Milwaukee, WI | $3,795,340 | $2,579,295 |