Isi Welding School Inc
- Assets
- $53.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Gladewater, TX
- Founding
- 07/2013
- Data as of
- 12/2019
- EIN
- 45-3032520
Organization Overview
Isi Welding School Inc is located in Gladewater, TX. The organization was established in 2013. According to its NTEE Classification (B30) the organization is classified as: Vocational & Technical Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Isi Welding School 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 12/2019, Isi Welding School Inc generated $88.5k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 42.8% each year . All expenses for the organization totaled $43.2k during the year ending 12/2019. While expenses have increased by 35.9% per year over the past 3 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3
MOBILE WELDING TRADE SCHOOL FOR TEEN BOYS IN NEED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John R Hicks President | 20 | $24,000 | |
Lisa Hicks Secretary | 1 | $0 | |
Jeff Veal Treasurer | 8 | $0 | |
Gene Watson Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $32,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $56,500 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $88,500 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $24,000 |
| Occupancy, rent, utilities, and maintenance | $4,724 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $14,473 |
| Total expenses | $43,197 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $53,761 |
| Other assets | $0 |
| Total assets | $53,761 |
| Total liabilities | $0 |
| Net assets or fund balances | $53,761 |