Vocational Training Center Inc
- Assets
- $8.3m
- Revenue
- $7.1m
- Investments
- $0.0
- Employees
- 260
- Location
- Fargo, ND
- Founding
- 02/1964
- Data as of
- 06/2021
- EIN
- 45-0277254
Organization Overview
Vocational Training Center Inc is located in Fargo, ND. The organization was established in 1964. According to its NTEE Classification (J30) the organization is classified as: Vocational Rehabilitation, under the broad grouping of Employment and related organizations. As of 06/2021, Vocational Training Center Inc employed 260 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vocational Training Center Inc 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, Vocational Training Center Inc generated $7.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $6.0m during the year ending 06/2021. While expenses have increased by 2.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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 PROVIDE TRAINING FOR ADULTS WITH DEVELOPMENTAL DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VTC PROVIDES DAY HABILITATION, PRE-VOCATIONAL, JOB PLACEMENT, JOB COACHING, AND IN-HOME SUPPORTS TO ADULTS WITH DEVELOPMENTAL DISABILITIES. VTC SERVED OVER 160 PEOPLE IN THE 2020-2021 FISCAL YEAR. THE COUNCIL ON QUALITY AND LEADERSHIP REVIEWED VTC'S OPERATIONS DURING FEBRUARY 2020 AND RE-ACCREDITED THE ORGANIZATION FOR ANOTHER 4 YEARS. THE NEXT ACCREDITATION REVIEW IS SCHEDULED FOR JANUARY 2024.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Burtsfield Executive Director | Officer | 40 | $168,466 |
Noah Carlson Finance Director | Officer | 40 | $78,931 |
John Wheeler Board President | OfficerTrustee | 1 | $0 |
Scott Green Board Treasurer | OfficerTrustee | 1 | $0 |
Jackie Gapp Board Vice President | OfficerTrustee | 1 | $0 |
Bob Stroup III Board Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $85,862 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,132,141 |
| All other contributions, gifts, grants, and similar amounts not included above | $18,339 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,236,342 |
| Total Program Service Revenue | $5,718,287 |
| Investment income | $10,420 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,562 |
| Net Gain/Loss on Asset Sales | $156,594 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,124,205 |
| 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. | $295,465 |
| Compensation of current officers, directors, key employees. | $295,465 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,152,894 |
| Pension plan accruals and contributions | $134,501 |
| Other employee benefits | $764,059 |
| Payroll taxes | $284,621 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,333 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $64,725 |
| Advertising and promotion | $1,124 |
| Office expenses | $451,564 |
| Information technology | $76,109 |
| Royalties | $0 |
| Occupancy | $216,576 |
| Travel | $40,748 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,358 |
| Interest | $36,696 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $206,913 |
| Insurance | $50,812 |
| All other expenses | $149,906 |
| Total functional expenses | $5,956,368 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,998,900 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $884,037 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $108,231 |
| Prepaid expenses and deferred charges | $74,809 |
| Net Land, buildings, and equipment | $3,209,567 |
| Investments—publicly traded securities | $1,978,331 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $12,250 |
| Total assets | $8,266,125 |
| Accounts payable and accrued expenses | $609,932 |
| 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 | $816,839 |
| Unsecured mortgages and notes payable | $797,423 |
| Other liabilities | $0 |
| Total liabilities | $2,224,194 |
| Net assets without donor restrictions | $6,041,931 |
| 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 | $8,266,125 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Vocational Training Center Inc has recieved totaling $85,599.
| Awarding Organization | Amount |
|---|---|
United Way Of Cass-Clay Fargo, ND PURPOSE: Support Agency Programs | $85,496 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $103 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cedar Valley Services Inc Austin, MN | $19,653,627 | $16,645,958 |
Huron Area Center For Independence Huron, SD | $13,427,991 | $15,192,103 |
Proact Inc Eagan, MN | $22,369,538 | $14,695,525 |
Flathead Industries Kalispell, MT | $13,457,403 | $11,698,127 |
Merrick Inc Vadnais Heights, MN | $10,586,883 | $11,695,877 |
Aspire Inc Aberdeen, SD | $9,447,713 | $8,030,066 |
Northern Hills Training Spearfish, SD | $10,166,360 | $9,462,308 |
Tasks Unlimited Inc Minneapolis, MN | $10,036,776 | $7,703,066 |
Vocational Training Center Inc Fargo, ND | $8,266,125 | $7,124,205 |
Opportunity Services Inc Savage, MN | $10,959,233 | $7,971,509 |
Kaposia Inc Little Canada, MN | $4,041,390 | $5,444,611 |
Tse Inc Roseville, MN | $2,360,151 | $5,257,067 |