Kitsap Applied Technologies
- Assets
- $596.8k
- Revenue
- $428.8k
- Investments
- $0.0
- Employees
- 19
- Location
- Bremerton, WA
- Founding
- 03/1985
- Data as of
- 06/2022
- EIN
- 91-1270463
Organization Overview
Kitsap Applied Technologies is located in Bremerton, WA. The organization was established in 1985. According to its NTEE Classification (J30) the organization is classified as: Vocational Rehabilitation, under the broad grouping of Employment and related organizations. As of 06/2022, Kitsap Applied Technologies employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kitsap Applied Technologies 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 06/2022, Kitsap Applied Technologies generated $428.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $420.3k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (2.3%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE EMPLOYMENT OPPORTUNITY FOR DISABLED VETERANS AND ADULTS WITH DEVELOPMENTAL DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MAIN ACCOMPLISHMENTS FOR THE 2021-2022 FISCAL YEAR INCLUDED:1. INITIATED NEGOTIATIONS FOR NEW CONTRACT WITH INTERNATIONAL MANUFACTURER2. EXPANDED LOCAL MANUFACTURING ACTIVITIES TO INCLUDE 20 NEW BOEING SHOPS3. SUCCEEDED IN ACCOMPLISHING 100% STAFF VACCINATION STATUS4. RENEWED FEDERAL AND STATE 14 C CERTIFICATION5. REOPENED CLIENT SERVICES DIVISION AFTER COVID THREAT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Jones Executive Director | Trustee | 40 | $51,796 |
Bob Schadt Vice President | OfficerTrustee | 5 | $0 |
Brad Moore Treasurer | OfficerTrustee | 5 | $0 |
Dick Hurley President | OfficerTrustee | 5 | $0 |
David Huck Board Member | Trustee | 2 | $0 |
Cameron Felllows Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $67,045 |
| All other contributions, gifts, grants, and similar amounts not included above | $824 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $67,869 |
| Total Program Service Revenue | $354,073 |
| Investment income | $16 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $530 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $428,821 |
| 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. | $51,796 |
| Compensation of current officers, directors, key employees. | $5,180 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $200,115 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $21,098 |
| Payroll taxes | $33,705 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $422 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,797 |
| Advertising and promotion | $0 |
| Office expenses | $19 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $16,086 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $14,250 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $21,331 |
| Insurance | $16,022 |
| All other expenses | $6,429 |
| Total functional expenses | $420,308 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,300 |
| Savings and temporary cash investments | $21,421 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $41,173 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $8,874 |
| Prepaid expenses and deferred charges | $115 |
| Net Land, buildings, and equipment | $523,958 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $596,841 |
| Accounts payable and accrued expenses | $34,231 |
| 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 | $279,843 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $160,900 |
| Total liabilities | $474,974 |
| Net assets without donor restrictions | $121,867 |
| 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 | $596,841 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Kitsap Applied Technologies has recieved totaling $30,000.
| Awarding Organization | Amount |
|---|---|
Employees Community Fund Of Boeing-Puget Sound Seattle, WA PURPOSE: CAPITAL EQUIPMENT | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Relay Resources Portland, OR | $80,529,576 | $46,227,388 |
Galt Foundation Salem, OR | $18,218,901 | $36,113,892 |
Trace Inc Boise, ID | $23,369,151 | $27,612,315 |
Northwest Center Renton, WA | $27,265,328 | $30,017,196 |
Vocational Development Foundation Portland, OR | $279,670,535 | $51,140,022 |
Garten Services Inc Salem, OR | $12,418,958 | $12,378,391 |
Living Opportunities Inc Medford, OR | $7,202,652 | $8,872,920 |
Southern Oregon Aspire Inc Grants Pass, OR | $7,197,686 | $10,800,506 |
Nine Star Enterprises Inc Anchorage, AK | $4,586,616 | $7,302,170 |
Morningside Olympia, WA | $7,181,079 | $6,575,120 |
Mv Advancements Mcminnville, OR | $10,476,386 | $6,552,818 |
Depaul Industries Portland, OR | $18,594,717 | $6,405,317 |