Don Bosco Technical Institute
- Assets
- $14.7m
- Revenue
- $8.4m
- Investments
- $165.1k
- Employees
- 130
- Location
- Rosemead, CA
- Founding
- 03/1946
- Data as of
- 06/2021
- EIN
- 95-1860996
Organization Overview
Don Bosco Technical Institute is located in Rosemead, CA. The organization was established in 1946. According to its NTEE Classification (B41) the organization is classified as: Two-Year Colleges, under the broad grouping of Education and related organizations. As of 06/2022, Don Bosco Technical Institute employed 130 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Don Bosco Technical 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 06/2021, Don Bosco Technical Institute generated $8.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $6.9m during the year ending 06/2021. 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
GUIDED BY THE SALESIAN EDUCATIONAL SYSTEM OF ST. JOHN BOSCO, DON BOSCO TECHNICAL INSTITUTE IS A CATHOLIC HIGH SCHOOL WHICH OFFERS A RIGOROUS COLLEGE PREPARATORY CURRICULUM, UNIQUELY INTEGRATING ACADEMICS AND TECHNOLOGY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SCHOOL IS THE ONLY ALL-MALE HIGH SCHOOL IN THE STATE THAT INTEGRATES A RIGOROUS COLLEGE PREPARATORY CURRICULUM WITH A COMPREHENSIVE, FOUR-YEAR PROJECT-BASED APPLIED SCIENCE, ENGINEERING AND TECHNOLOGY PROGRAM. THE SCHOOL SERVED APPROXIMATELY 320 STUDENTS AND HAD A 100% ACCEPTANCE RATE AMOUNG ITS GRADUATES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Guillermo Gutierrez President | Officer | 40 | $113,262 |
Jeffrey Krynen Principal | 40 | $108,308 | |
John Krakowski Chair | OfficerTrustee | 2 | $0 |
Arnold M Alvarez-Glasman Vice Chair | OfficerTrustee | 2 | $0 |
Martin Hairston Immed. Past Chair | OfficerTrustee | 2 | $0 |
Javier F Jimenez Treasurer | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
C&d Restoration Painting & Specialty Co Restoration, Painting | 6/29/21 | $399,700 |
High Voltage Electric Co Plumbing And Electrical Services | 6/29/21 | $397,505 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,446,241 |
| Investment income | $31,354 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $17,584 |
| Net Income from Fundraising Events | $76,470 |
| Net Income from Gaming Activities | $452,273 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,362,126 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $1,060,782 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $189,230 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,393,047 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $409,958 |
| Payroll taxes | $284,209 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,317 |
| Fees for services: Accounting | $33,833 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $80,180 |
| Advertising and promotion | $30,940 |
| Office expenses | $83,223 |
| Information technology | $74,383 |
| Royalties | $0 |
| Occupancy | $378,376 |
| Travel | $556 |
| 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 | $547,416 |
| Insurance | $102,373 |
| All other expenses | $0 |
| Total functional expenses | $6,901,208 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,770,477 |
| Savings and temporary cash investments | $2,325,559 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $95,032 |
| 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 | $43,682 |
| Investments—publicly traded securities | $3,097,367 |
| Investments—other securities | $165,085 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $14,719,601 |
| Accounts payable and accrued expenses | $444,579 |
| Grants payable | $0 |
| Deferred revenue | $421,761 |
| 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 | $805,128 |
| Other liabilities | $0 |
| Total liabilities | $1,671,468 |
| 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 |
| Total liabilities and net assets/fund balances | $13,048,133 |