Center For Applied Science & Technology Network
- Assets
- $1.4m
- Revenue
- $3.6m
- Investments
- $0.0
- Employees
- 8
- Location
- San Antonio, TX
- Founding
- 08/2018
- Data as of
- 06/2023
- EIN
- 82-5253554
Organization Overview
Center For Applied Science & Technology Network is located in San Antonio, TX. 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 06/2023, Center For Applied Science & Technology Network employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Center For Applied Science & Technology Network 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, Center For Applied Science & Technology Network generated $3.6m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $4.5m during the year ending 06/2023. While expenses have increased by 8.6% per year over the past 5 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.
Since 2019, Center For Applied Science & Technology Network has awarded 12 individual grants totaling $7,361,583. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE CORPORATION WILL OPERATE A NETWORK OF INDUSTRY-FOCUSED SCHOOLS IN THE SAN ANTONIO, TX REGION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORTING SCHOOLS FOCUSED ON HIGH-DEMAND, HIGH-WAGE INDUSTRIES TO MAXIMIZE OPTIONS FOR THE STUDENTS, WHILE PREPARING THEM FOR JOBS IN THE FUTURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Shari B Albright Director | Trustee | 5 | $0 |
Jeanne Russell Executive Director | OfficerTrustee | 40 | $177,923 |
Yvette Benavides Director (part-Year) | Trustee | 1 | $0 |
Katie Chain Director | Trustee | 1 | $0 |
Rene Dominguez Director | Trustee | 1 | $0 |
Lisa Lewis Director | Trustee | 1 | $0 |
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 | $3,458,191 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,458,191 |
| Total Program Service Revenue | $169,944 |
| 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 | $3,628,135 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,000,000 |
| Grants and other assistance to domestic individuals. | $68,992 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $436,894 |
| Compensation of current officers, directors, key employees. | $3,065 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $570,968 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,125 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $409,112 |
| Advertising and promotion | $154,018 |
| Office expenses | $197,211 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $252,500 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,452 |
| All other expenses | $0 |
| Total functional expenses | $4,501,645 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $690,131 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $650,000 |
| Accounts receivable, net | $8,388 |
| 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 | $6,680 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,355,199 |
| Accounts payable and accrued expenses | $244,084 |
| Grants payable | $700,000 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $944,084 |
| Net assets without donor restrictions | $0 |
| 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 | $411,115 |
| Total liabilities and net assets/fund balances | $1,355,199 |
Grants Awarded
Over the last fiscal year, Center For Applied Science & Technology Network has awarded $154,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF TEXAS SAN ANTONIO PURPOSE: RESIDENCY PROGRAM | $67,000 |
TEXAS A&M SAN ANTONIO PURPOSE: RESIDENCY PROGRAM | $87,500 |