Foundation For Dental Laboratory Technology
- Assets
- $499.5k
- Revenue
- $192.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Tallahassee, FL
- Founding
- 04/2010
- Data as of
- 12/2023
- EIN
- 26-2381417
Organization Overview
Foundation For Dental Laboratory Technology is located in Tallahassee, FL. The organization was established in 2010. According to its NTEE Classification (E03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation For Dental Laboratory Technology 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, Foundation For Dental Laboratory Technology generated $192.3k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $253.9k during the year ending 12/2023. 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
THE PURPOSE OF THE FOUNDATION IS TO ADVANCE THE PROFESSION OF DENTAL LABORATORY TECHNOLOGY BY DEVELOPING EDUCATIONAL CURRICULUM AND PROGRAMS THAT WILL BE RELEVANT AND ACCESSIBLE TO DENTAL TECHNICIANS AND OTHER MEMBERS OF THE DENTAL TEAM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS - THE MARK JACKSON MEMORIAL EDUCATION GRANT PROVIDES DENTAL LABORATORY TECHNICIANS WITH FUNDS TO HELP THEM FURTHER THEIR EDUCATIONAL GOALS RELATED TO HIGHER LEVEL DENTAL LABORATORY TECHNOLOGY EDUCATION. THE TOTAL AMOUNT OF MARK JACKSON MEMORIAL EDUCATION GRANT AWARDED IN 2023 WAS $5,000. THE SCDL BUSINESS ENTERPRISE EDUCATION GRANT AWARDS UP TO TWO INDIVIDUALS $2,500 TO SUPPLEMENT EXPENSES RELATED TO BUSINESS MANAGEMENT CONTINUING EDUCATION THE RECIPIENTS WISH TO ATTEND (I.E., NADL UNIVERSITY, CHAMBER COURSES, FINANCE COURSES, ETC.) $5,000 IN SCDL BUSINESS ENTERPRISE EDUCATION GRANTS WERE AWARDED DURING 2023. THE SCDL COMPONENT BUSINESS EDUCATION GRANT AWARDS ONE RECIPIENT $2,000 FOR STATE AND REGIONAL DENTAL LABORATORY ASSOCIATIONS TO HELP FUND BUSINESS MANAGEMENT CONTINUING EDUCATION OFFERINGS (I.E., SPEAKER FOR ANNUAL MEETING). THE CDT HARDSHIP GRANT IS TO ASSIST CDTS EXPERIENCING A HARDSHIP WITH THEIR ANNUAL CDT RENEWAL FEE OF $170. THE TOTAL AMOUNT OF CDT HARDSHIP GRANTS AWARDED IN 2023 WAS $775. THE FOUNDATION LAUNCHED THE NADL UNIVERSITY GRANT, WHICH COVERED TUITION FOR TWO INDIVIDUALS TO ATTEND THE 2023 NADL UNIVERSITY, A TWO-DAY INTENSIVE COURSE ON PROFESSIONAL MANAGEMENT EDUCATION. THE TOTAL AMOUNT AWARDED WAS $2,990. IN 2023, THE FOUNDATION PROVIDED THE NATIONAL BOARD FOR CERTIFICATION IN DENTAL LABORATORY TECHNOLOGY (NBC) A MONETARY GRANT TOTALLY $10,000 TO SUPPORT THE NEW CERTIFIED DENTAL TECHNICIAN (CDT) SPECIALTY IN DIGITAL WORKFLOW. ADDITIONALLY, THE FOUNDATION PROVIDED THE NATIONAL ASSOCIATION OF DENTAL LABORATORIES (NADL) A MONETARY GRANT TOTALING $10,000 TO SUPPORT THEIR OCCUPATIONAL AWARENESS CAMPAIGN. THE TOTAL AMOUNT OF VISION 21 GRANTS AWARDED IN 2023 WAS $3,360. THE NADL LEADERSHIP GRANT AWARDED A TOTAL OF $2,255 OF GRANTS IN 2023.
SCHOLARSHIPS - THE CDT PILLAR SCHOLARSHIP AWARDS FUNDS TO HELP DENTAL LABORATORY TECHNICIANS PURSUE THE CERTIFIED DENTAL TECHNICIAN DESIGNATION BY COVERING THE TESTING AND APPLICATION FEES. CDT PILLAR SCHOLARSHIPS AWARDED DURING 2023 TOTALED $61,660; THE 2023 SCHOLARSHIP COST WAS OFFSET BY UNUSED FUNDS OF $13,895 FROM 2021. THE RG PILLAR SCHOLARSHIP AWARDS FUNDS TO HELP DENTAL LABORATORY TECHNICIANS PURSUE THE RECOGNIZED GRADUATE DESIGNATION BY COVERING THE TESTING AND APPLICATION FEES. RG PILLAR SCHOLARSHIPS AWARDED DURING 2023 TOTALED $6,710; THE 2023 SCHOLARSHIP COST WAS OFFSET BY UNUSED FUNDS OF $1,275 FROM 2021. THE CDT AND RG PILLAR SCHOLARSHIPS ARE COMPRISED SOLELY OF FUNDS THAT HAVE BEEN DONATED BY INDIVIDUALS AND BUSINESSES WHO WISH TO CONTRIBUTE TO THE BETTERMENT OF THE DENTAL LABORATORY TECHNOLOGY PROFESSION.
EDUCATION - THE FOUNDATION LEARNING LIBRARY CONTAINS NO COST EDUCATIONAL OPPORTUNITIES IN THE FIELD OF DENTAL LABORATORY TECHNOLOGY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Martha Martin Chair | OfficerTrustee | 3 | $0 |
Kent Kohli Cdt Vice Chair | OfficerTrustee | 2 | $0 |
David Avery Cdt Te Director At Large | Trustee | 1 | $0 |
Nicolas Azar Director At Large | Trustee | 1 | $0 |
Nicole Jackson Cdt Te Fiscal Officer | OfficerTrustee | 2 | $0 |
Beth Collington Director At Large | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $12,923 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $79,295 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $92,218 |
| Total Program Service Revenue | $1,121 |
| Investment income | $6,614 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $92,365 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $192,318 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $30,605 |
| Grants and other assistance to domestic individuals. | $63,975 |
| 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 | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $80,377 |
| Fees for services: Legal | $610 |
| 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 | $0 |
| Advertising and promotion | $18,958 |
| Office expenses | $1,000 |
| Information technology | $3,338 |
| Royalties | $0 |
| Occupancy | $1,200 |
| Travel | $4,078 |
| 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 | $0 |
| Insurance | $1,100 |
| All other expenses | $3,500 |
| Total functional expenses | $253,924 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $41,014 |
| 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 | $8,937 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $449,500 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $499,451 |
| Accounts payable and accrued expenses | $3,125 |
| Grants payable | $98,560 |
| Deferred revenue | $5,500 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $107,185 |
| Net assets without donor restrictions | $392,266 |
| 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 | $499,451 |
Grants Awarded
Over the last fiscal year, Foundation For Dental Laboratory Technology has awarded $20,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
NATIONAL BOARD FOR CERTIFICATION IN DENTAL LABORATORY TECHNOLOGY PURPOSE: JOB TASK ANALYSIS SPONSORSHIP | $10,000 |
NATIONAL ASSOCIATION OF DENTAL LABORATORIES INC PURPOSE: OCCUPATIONAL AWARENESS CAMPAIGN | $10,000 |