Los Angeles Chapter National Tooling & Machine Assn Training Ce, operating under the name Ntma Training Centers Of Southern California, is located in Santa Fe Springs, CA. The organization was established in 1968. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 02/2023, Ntma Training Centers Of Southern California employed 37 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ntma Training Centers Of Southern California 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 02/2023, Ntma Training Centers Of Southern California generated $4.0m 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 (4.2%) each year. All expenses for the organization totaled $4.1m during the year ending 02/2023. As we would expect to see with falling revenues, expenses have declined by (6.9%) 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ESTABLISH, MAINTAIN, AND OPERATE A TRAINING CENTER FOR THE INSTRUCTION AND TRAINING OF APPRENTICES AND WORKERS IN THE TOOLS DIE AND PRECISION MACHINING INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LA/NTMA TRAINING CENTER PROVIDED HANDS-ON, INDUSTRY STANDARD, AND TECHNOLOGICALLY EVOLVING, SPECIALIZED TRAINING IN THE MACHINING INDUSTRY. DURING THE YEAR, WE TRAINED APPROXIMATELY 505 STUDENTS. OUR EDUCATIONAL SERVICES INCLUDE BOTH INTRODUCTORY AND ADVANCED MACHINIST TRAINING. OUR INTRODUCTORY MMT PROVIDES THE OPPORTUNITY FOR CAREER PLACEMENT AT A CURRENT 84% PLACEMENT RATE OF ALL GRADUATES IN THE PROGRAM. THE TRAINING CENTER ALSO BOASTS A 92% GRADUATION RATE OF ALL ENROLLED STUDENTS. CAREER EDUCATION HAS NEVER BEEN CONSIDERED NEED-BASED INDUSTRY IT IS OUR JOB TO LET OUR STUDENTS KNOW WHAT WE OFFER AND THAT THEY NEED US TO FURTHER AND CREATE SUSTAINABLE THEIR CAREER GOALS. (SEE SCHEDULE O.)BECAUSE THE LA/NTMA TRAINING CENTER PROVIDES EDUCATIONAL SERVICES, AS OPPOSED TO A PRODUCT, OUR ADVANTAGES ARE ONLY AS STRONG AS OUR COMMITMENT TO OUR STUDENT'S SUCCESS IN OUR PROGRAM FROM FIRST CONTACT TO THE DAY THEY ARE PLACED AT THEIR NEW CAREER HOME. ASIDE FROM ENSURING OUR TEAM IS ENCOURAGING, AVAILABLE, EXCITED ABOUT THE ROLE THEY PLAY IN OUR STUDENTS LIVES, AND THAT EVERY STUDENT KNOWS THAT THEY ARE AN EXAMPLE OF GREATNESS PERSONIFIED, WE TAKE ADDITIONAL STEPS TO SUPPORT OUR STUDENT'S SUCCESS. LA/NTMA UNDERSTANDS, AND, MORE IMPORTANTLY, VALUES THE ROLE OUR INSTRUCTORS PLAY IN THE LIVES OF OUR STUDENTS; OUR INSTRUCTORS ARE THE REASON FOR MANY OF OUR STUDENTS' PERSISTENCE IN THE PROGRAM AND THE PURPOSE BEHIND MANY OF THEIR SUCCESS STORIES.OUR AUDIENCE IS THE UNDERSERVED AND UNDERREPRESENTED POPULATIONS OF THE COMMUNITIES WE SERVE; THOSE WHOSE OPTIONS HAVE BEEN LIMITED BY WAY OF LACK-LUSTER HIGH SCHOOL RESOURCES, UNRELIABLE SUPPORT SYSTEMS AT HOME, OR THOSE WHO ARE "SMART" IN WAYS NOT MEASURED BY THAT OF AN SAT SCORE OR TRADITIONAL EDUCATIONAL PATHS TO A SUSTAINABLE AND LIFE-LONG CAREER. WE WANT TO SERVE THE IGNORED, BUT GIFTED YOUTH AND YOUNG ADULT OF OUR COMMUNITIES WHO CAN EXCEL IN AN ENVIRONMENT OF HANDS-ON LEARNING, SELF-WORTH AND MORALITY BUILDING, ENCOURAGING, EXCELLENCE ACHIEVING, AND CAREER PLACEMENT ENVIRONMENT. FOUR-YEAR OR TRADITIONAL EDUCATION IS NOT FOR EVERYONE, HOWEVER ACCESS TO A HEALTHY WAGE CAREER SHOULD BE. THE STIGMA ASSOCIATED WITH THE FOR-PROFIT CAREER TRAINING PROGRAMS THAT HAS STATURED THE MARKET HAS LESSENED INTEREST AND CREATED OBSTACLES FOR GREAT PROGRAMS LIKE THE ONES THAT LA/NTMA TRAINING CENTERS PROVIDE. THE LA/NTMA TRAINING CENTER, HOWEVER, WORKS TIRELESS EVERY DAY TO OVERCOME THAT STIGMA AND MAKE SURE THE COMMUNITIES WE SERVE KNOWS THE PURPOSE, PRIVILEGE, POWER, AND PERMANENCE, OF THE HIGHLY REGARDED EDUCATIONAL TRAINING PROGRAM AT LA/NTMA AND THE REPUTATION OF THE NTMA, AS A WHOLE, HAS IN THE MACHINING INDUSTRY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jonathan Dochterman Chairman | OfficerTrustee | 1 | $0 |
Micheline Varnum Trustee | Trustee | 1 | $0 |
Pascal Benyamini Trustee | Trustee | 1 | $0 |
Danielle Skinner President | Officer | 40 | $117,000 |
Neeyah Francois Director Of Finance | Officer | 40 | $80,000 |
Kurt Preisendanz Director Of Education | 40 | $101,738 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $2,568,563 |
All other contributions, gifts, grants, and similar amounts not included above | $41,500 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,610,063 |
Total Program Service Revenue | $1,358,682 |
Investment income | $38,080 |
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 | $4,006,825 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $343,075 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $216,608 |
Compensation of current officers, directors, key employees. | $58,484 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,568,191 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $206,682 |
Payroll taxes | $143,676 |
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 | $2,542 |
Fees for services: Other | $262,460 |
Advertising and promotion | $331,879 |
Office expenses | $109,902 |
Information technology | $48,319 |
Royalties | $0 |
Occupancy | $286,011 |
Travel | $1,415 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $6,456 |
Interest | $81,803 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $212,827 |
Insurance | $828 |
All other expenses | $25,521 |
Total functional expenses | $4,135,085 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $825,300 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $654,876 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $9,678 |
Prepaid expenses and deferred charges | $96,638 |
Net Land, buildings, and equipment | $5,291,187 |
Investments—publicly traded securities | $102,555 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $164,256 |
Total assets | $7,144,490 |
Accounts payable and accrued expenses | $413,093 |
Grants payable | $0 |
Deferred revenue | $355,941 |
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 | $15,000 |
Other liabilities | $205,783 |
Total liabilities | $989,817 |
Net assets without donor restrictions | $6,154,673 |
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 | $7,144,490 |