Wtia Workforce Institute
- Assets
- $6.7m
- Revenue
- $12.4m
- Investments
- $0.0
- Employees
- 42
- Location
- Issaquah, WA
- Founding
- 07/2015
- Data as of
- 12/2021
- EIN
- 47-3951262
Organization Overview
Wtia Workforce Institute is located in Issaquah, WA. The organization was established in 2015. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 12/2021, Wtia Workforce Institute employed 42 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wtia Workforce 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 12/2021, Wtia Workforce Institute generated $12.4m in total revenue. All expenses for the organization totaled $12.7m during the year ending 12/2021. While expenses have increased by 101.5% per year over the past 7 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
THE ORGANIZATION WAS CREATED TO ADDRESS THE WORKFORCE SHORTAGE IN THE TECHNOLOGY INDUSTRY AND IDENTIFY DIVERSE TALENT TO MEET INDUSTRY NEEDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
APPRENTI RECRUITED AND SCREENED OVER A THOUSAND DIVERSE CANDIDATES AND CHOSE THE MOST COMPETITIVE TO ADVANCE TO EMPLOYER INTERVIEWS. THIS RESULTED IN OVER 382 APPRENTICES BEING PLACED IN TECH POSITIONS IN 2021. APPRENTI ALSO EXPANDED TO A NATIONAL PROGRAM TO IMPLEMENT OUR TECH APPRENTICESHIP PROGRAM ACROSS THE UNITED SATES. APPRENTI STAFF FILED FOUR ADDITIONAL OCCUPATIONS FOR FEDERAL AND STATE APPROVAL AND CONTINUED OUTREACH TO EMPLOYERS AND CANDIDATES TO FILL THE TECH WORKFORCE GAP LOCALLY AND NATIONALLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Beams Chair | OfficerTrustee | 3 | $0 |
Al Cave Chief Operations Officer | Officer | 40 | $0 |
Jennifer Carlson Executive Director | Officer | 40 | $0 |
Bradd Busick Director | Trustee | 3 | $0 |
Priya Priyadarshini Director | Trustee | 3 | $0 |
Margaret Rojas Director | Trustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Tlg Learning Instruction Provider | 12/30/21 | $1,624,169 |
Launch Academy Instruction Provider | 12/30/21 | $670,000 |
Wallbreakers Instruction Provider | 12/30/21 | $542,000 |
School Of Visual Concepts Inc Instruction Provider | 12/30/21 | $403,579 |
Northern Virginia Community College Instruction Provider | 12/30/21 | $816,717 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,563,528 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,744,781 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,308,309 |
| Total Program Service Revenue | $2,066,453 |
| Investment income | $0 |
| 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 | $12,393,362 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,501 |
| Grants and other assistance to domestic individuals. | $5,237,011 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $256,363 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,215,040 |
| Pension plan accruals and contributions | $73,082 |
| Other employee benefits | $664,780 |
| Payroll taxes | $271,444 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $219,612 |
| Fees for services: Accounting | $4,740 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $887,572 |
| Advertising and promotion | $219,469 |
| Office expenses | $8,129 |
| Information technology | $85,148 |
| Royalties | $0 |
| Occupancy | $6,808 |
| Travel | $23,883 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $83,850 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $30,006 |
| All other expenses | $0 |
| Total functional expenses | $12,702,538 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,070,354 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $381,252 |
| Accounts receivable, net | $266,877 |
| 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 | $25,913 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,744,396 |
| Accounts payable and accrued expenses | $1,130,536 |
| Grants payable | $0 |
| Deferred revenue | $3,042,729 |
| 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 | $4,173,265 |
| Net assets without donor restrictions | $726,060 |
| Net assets with donor restrictions | $1,845,071 |
| 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 | $6,744,396 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Wtia Workforce Institute has recieved totaling $2,127,333.
| Awarding Organization | Amount |
|---|---|
Jp Morgan Chase Foundation New York, NY PURPOSE: IN SUPPORT OF CREATING ECONOMIC MOBILITY AND CAREER PATHWAYS | $500,000 |
Jp Morgan Chase Foundation New York, NY PURPOSE: IN SUPPORT OF CREATING ECONOMIC MOBILITY AND CAREER PATHWAYS | $500,000 |
Jp Morgan Chase Foundation New York, NY PURPOSE: IN SUPPORT OF CREATING ECONOMIC MOBILITY AND CAREER PATHWAYS | $500,000 |
Greater Houston Community Foundation Houston, TX PURPOSE: HUMAN SERVICES | $375,000 |
Ascendium Education Solutions Inc Madison, WI PURPOSE: Creating Pathways to Mid-Level Tech Careers and Educational Opportunity | $118,333 |
Robert R Mccormick Foundation Chicago, IL PURPOSE: EXPANDING VETERANS' ACCESS TO TECH CAREERS | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Worksystems Inc Portland, OR | $8,573,665 | $25,219,791 |
Farestart Seattle, WA | $25,249,584 | $20,206,425 |
Career Path Services-Employment And Training Spokane, WA | $3,840,568 | $14,724,825 |
Carpenters Employers Apprenticeship & Training Tr Fund Western Wash Kent, WA | $76,810,852 | $18,647,454 |
Wtia Workforce Institute Issaquah, WA | $6,744,396 | $12,393,362 |
Northwest Laborers-Employers Train Bothell, WA | $25,481,278 | $14,853,369 |
Construction Industry Training Council Of Washington Bellevue, WA | $12,263,211 | $7,748,855 |
Northwest Youth Corps Eugene, OR | $6,403,565 | $10,014,381 |
Willamette Workforce Partnership Salem, OR | $1,486,134 | $9,256,119 |
United Association Apprenticeship & Journeymen Training Trust Fund tualatin, OR | $28,112,501 | $12,316,712 |
Oregon-Washington Carpenters Emplyr Apprenticeship Training Trust Fund Portland, OR | $25,539,386 | $9,684,142 |
Willamette Carpenter Training Center Inc Portland, OR | $1,858,962 | $7,895,288 |