S & R Truck Driving Institute is located in Houston, TX. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 12/2023, S & R Truck Driving Institute employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. S & R Truck Driving Institute 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 12/2023, S & R Truck Driving Institute generated $896.9k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 58.3% each year . All expenses for the organization totaled $877.4k during the year ending 12/2023. While expenses have increased by 54.2% per year over the past 2 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
PROVIDE HIGH QUALITY SAFETY CDL TRAINING OPPORTUNITIES & REMOVE BARRIERS THAT HINDER TRANSFORMATIONAL SUCCESS BY GIVING SECOND CHANCES. YOUR SUCCESS IS OUR PRIORITY. TO SUPPORT OUR INCLUSIVE COMMUNITY, WE PROVIDE A PERSONAL APPROACH, TAILORING LEARNING METHODS TO EACH STUDENTS NE
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRADUATES ARE ABLE TO PERFORM THE JOBS THAT THEY DESIRE SUCCESSFULLY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gerald Price Advisory Board | Officer | 3 | $0 |
Sarah O Latson Treasurer | Officer | 20 | $0 |
Renita Gamble Director | Officer | 40 | $0 |
Chanel T Williams Secretary | Officer | 10 | $0 |
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 | $165,000 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $165,000 |
Total Program Service Revenue | $731,949 |
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 | $896,949 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $165,000 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $172,058 |
Other salaries and wages | $115,281 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $8,819 |
Fees for services: Management | $13,392 |
Fees for services: Legal | $567 |
Fees for services: Accounting | $4,970 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $21,390 |
Advertising and promotion | $4,837 |
Office expenses | $21,763 |
Information technology | $7,929 |
Royalties | $0 |
Occupancy | $58,891 |
Travel | $7,934 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $11,045 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $64,456 |
Insurance | $630 |
All other expenses | $44,936 |
Total functional expenses | $877,406 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $18,057 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $1,000 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $173,824 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $192,881 |
Accounts payable and accrued expenses | $17,383 |
Grants payable | $0 |
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 | $71,062 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $88,445 |
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 | $104,436 |
Total liabilities and net assets/fund balances | $192,881 |