Bramson Ort Technical Institute
- Assets
- $2.4m
- Revenue
- $81.3k
- Investments
- $0.0
- Employees
- 4
- Location
- Forest Hills, NY
- Founding
- 02/1981
- Data as of
- 06/2021
- EIN
- 13-3036302
Organization Overview
Bramson Ort Technical Institute is located in Forest Hills, NY. The organization was established in 1981. 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 06/2021, Bramson Ort Technical Institute employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bramson Ort 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, Bramson Ort Technical Institute generated $81.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (53.1%) each year. All expenses for the organization totaled $1.2m 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
TO DEVELOP AND PROVIDE CURRICULUM FOR TEACHER TRAINING, PROFESSIONAL DEVELOPMENT AND CONTINUING EDUCATION COURSES AND PROGRAMS. TO DEVELOP AND OFFER STEM/STEAM PROGRAMS TO UNDERSERVED SCHOOLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO DEVELOP AND PROVIDE CURRICULUM FOR TEACHER TRAINING, PROFESSIONAL DEVELOPMENT AND CONTINUING EDUCATION COURSES AND PROGRAMS. TO DEVELOP AND OFFER STEM/STEAM PROGRAMS TO UNDERSERVED SCHOOLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Kanani President | OfficerTrustee | 20 | $51,946 |
Rachel Rosin Vicde Chair | OfficerTrustee | 5 | $0 |
Lynn Leeb Chair | OfficerTrustee | 5 | $0 |
Carol Schrager Secretary | OfficerTrustee | 5 | $0 |
Sandra Chumsky Treasurer | OfficerTrustee | 5 | $0 |
Daniel Afrahim Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Us Ort Operations Inc Management | 6/29/15 | $399,490 |
Dougherty Clifford & Wadsworth Advertising | 6/29/15 | $366,687 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $48,900 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $51,400 |
| Total Program Service Revenue | $13,606 |
| Investment income | $16,321 |
| 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 | $81,327 |
| 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. | $51,946 |
| Compensation of current officers, directors, key employees. | $51,946 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $163,268 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $49,202 |
| Fees for services: Management | $100,000 |
| Fees for services: Legal | $219,478 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $72,486 |
| Advertising and promotion | $0 |
| Office expenses | $8,957 |
| Information technology | $18,617 |
| Royalties | $0 |
| Occupancy | $61,730 |
| Travel | $2,008 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $274,460 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $135,622 |
| Insurance | $21,328 |
| All other expenses | $26,541 |
| Total functional expenses | $1,205,643 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $233,461 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,571,977 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $622,661 |
| Total assets | $2,428,099 |
| Accounts payable and accrued expenses | $205,561 |
| 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 | $3,290,641 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,000,727 |
| Total liabilities | $5,496,929 |
| Net assets without donor restrictions | -$3,618,317 |
| Net assets with donor restrictions | $549,487 |
| 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 | $2,428,099 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Bramson Ort Technical Institute has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Laboure College Milton, MA | $45,194,532 | $27,640,427 |
Maria College Albany, NY | $31,705,663 | $17,053,225 |
Villa Maria College Of Buffalo Buffalo, NY | $9,472,664 | $15,072,401 |
Monroe Community College Assn Inc Rochester, NY | $45,662,437 | $9,260,852 |
Northampton County Area Community College Foundation Bethlehem, PA | $90,958,462 | $10,129,172 |
Rural Regional College Of Northern Pennsylvania Warren, PA | $5,615,741 | $6,853,923 |
Faculty Student Association Of Hudson Valley-Community College Troy, NY | $21,516,761 | $4,749,556 |
Dutchess Community College Association Inc Poughkeepsie, NY | $29,032,305 | $3,364,848 |
Norwalk Community College Foundation Norwalk, CT | $32,505,867 | $5,211,834 |
Faculty Student Association Of Nassau Community College Inc Garden City, NY | $3,142,669 | $4,037,426 |
Faculty Student Association Of The Tompkins Cortland Community Colleg Dryden, NY | $1,383,338 | $2,861,697 |
Faculty Student Association Of Jefferson Community College Inc Watertown, NY | $19,958,868 | $2,449,914 |