Center For Growing Talent By Pma Inc
- Assets
- $1.2m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Newark, DE
- Founding
- 06/2006
- Data as of
- 12/2021
- EIN
- 51-0565938
Organization Overview
Center For Growing Talent By Pma Inc is located in Newark, DE. The organization was established in 2006. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Center For Growing Talent By Pma 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 12/2021, Center For Growing Talent By Pma Inc generated $1.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.8%) each year. All expenses for the organization totaled $1.4m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.1%) per year over the past 7 years. 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 CENTER FOR GROWING TALENT BY PMA ATTRACTS, DEVELOPS, AND RETAINS TALENT FOR THE PRODUCE COMMUNITY AND ITS VALUE CHAIN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE WOMEN'S FRESH PERSPECTIVE CONFERENCE IS DEVELOPED SPECIFICALLY FOR WOMEN IN THE PRODUCE AND FLORAL INDUSTRY REGARDLESS OF THEIR CAREER STAGE, WITH A MISSION TO CULTIVATE WOMEN'S POTENTIAL. THE CONFERENCE SESSIONS SHARPEN PARTICIPANTS' BUSINESS ACUMEN AND FURTHER DEVELOP THEIR LEADERSHIP POTENTIAL SO THEY MAY ADVANCE THEIR CAREERS AND BRING ADDITIONAL VALUE TO THEIR COMPANIES AND ORGANIZATIONS.
THE WOMEN'S FRESH PERSPECTIVE CONFERENCE IS DEVELOPED SPECIFICALLY FOR WOMEN IN THE PRODUCE AND FLORAL INDUSTRY REGARDLESS OF THEIR CAREER STAGE, WITH A MISSION TO CULTIVATE WOMEN'S POTENTIAL. THE CONFERENCE SESSIONS SHARPEN PARTICIPANTS' BUSINESS ACUMEN AND FURTHER DEVELOP THEIR LEADERSHIP POTENTIAL SO THEY MAY ADVANCE THEIR CAREERS AND BRING ADDITIONAL VALUE TO THEIR COMPANIES AND ORGANIZATIONS.THE EMERGING LEADERS EXPERIENCE IS DESIGNED TO PREPARE HIGH-POTENTIAL LEADERS TO EMBRACE INCREASING LEVELS OF RESPONSIBILITY AND READY THEM FOR THE CHALLENGES AND THE OPPORTUNITIES THAT WILL ACCOMPANY FUTURE LEADERSHIP ROLES.THE PROGRAM BEGINS WITH A PREPARATORY FINANCE WEBINAR, AND THEN IS FOLLOWED BY A THREE-DAY, FACE-TO-FACE COMPONENT ON THE THUNDERBIRD CAMPUS IN GLENDALE, ARIZONA, WHERE SELECTED PARTICIPANTS WILL: -ACCESS SOME OF THE MOST ELITE BUSINESS MINDS AND INDUSTRY LEADERS-HONE CROSS-FUNCTIONAL SKILLS THROUGH REAL-WORLD SIMULATIONS, CASE STUDIES, GROUP EXERCISES, AND DISCUSSIONS-NETWORK WITH PEERS FROM ACROSS THE SUPPLY CHAIN-EXAMINE BUSINESS PRACTICES THROUGH A GLOBAL LENS-GAIN STRATEGIC THINKING SKILLS NECESSARY TO BECOME A MORE EFFECTIVE LEADER IN CURRENT AND FUTURE ROLESTHE PROGRAM CONCLUDES ON ONE OF THE MOST IMPORTANT PLATFORMS FOR UNDERSTANDING AND CONNECTING WITH THE GLOBAL FRESH PRODUCE SUPPLY CHAIN: PMA'S FRESH SUMMIT INTERNATIONAL CONVENTION & EXPOSITION. WHILE AT FRESH SUMMIT, THE CLASS RECONVENES FOR A CAPSTONE COURSE, ATTENDS IMPORTANT NETWORKING RECEPTIONS, AND PARTICIPATES IN A GRADUATION CEREMONY, WITH RECOGNITION DURING A FRESH SUMMIT GENERAL SESSION.
THE IMMERSION ACADEMY PREPARES UNIVERSITY SENIORS TO IMMEDIATELY BEGIN CAREERS IN INDUSTRY. THIS PROGRAM WAS POSTPONED FOR 2021 DUE TO THE HURRICANES AND SUBSEQUENT TROPICAL STORMS.
- CAREER PATHWAYS- AWARENESS- OTHER
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Catherine Burns Ceo, Pma | OfficerTrustee | 10 | $251,567 |
Douglas Bohr Executive Director, Cgt | Officer | 30 | $181,122 |
Yvonne Bull Cfo, Pma | Officer | 10 | $85,265 |
Lauren M Scott Chief Marketing Officer | Officer | 5 | $39,673 |
Maxim Teplitski Chief Science Officer | Officer | 5 | $34,869 |
Edmund Treacy Vp, Supply Chain Efficiencies | 5 | $29,814 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Worldwide Speakers Group Llc Speakers Fees | 12/30/19 | $130,000 |
Eller Executive Education Professional Fees | 12/30/19 | $118,835 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $300,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $311,688 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $611,688 |
| Total Program Service Revenue | $549,777 |
| Investment income | $12,232 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $8,382 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,182,079 |
| 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. | $535,805 |
| Compensation of current officers, directors, key employees. | $187,532 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $72,865 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $62,507 |
| Payroll taxes | $42,413 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,363 |
| Fees for services: Accounting | $11,290 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $268,741 |
| Advertising and promotion | $386 |
| Office expenses | $39,765 |
| Information technology | $9,073 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $21,779 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $370,095 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,483 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,437,565 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,482 |
| Savings and temporary cash investments | $7,997 |
| Pledges and grants receivable | $183,501 |
| Accounts receivable, net | $108,185 |
| 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 | $51,402 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $527,373 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $319,853 |
| Total assets | $1,226,793 |
| Accounts payable and accrued expenses | $135,064 |
| Grants payable | $0 |
| Deferred revenue | $280,715 |
| 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 | $415,779 |
| Net assets without donor restrictions | $356,954 |
| Net assets with donor restrictions | $454,060 |
| 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 | $1,226,793 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Center For Growing Talent By Pma Inc has recieved totaling $24,000.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $12,000 |
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $12,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Elevator Industry Work Preservation Fund Columbia, MD | $75,509,631 | $27,265,052 |
Hambletonian Society The Cranbury, NJ | $5,608,418 | $11,854,034 |
Rodale Institute Kutztown, PA | $44,853,395 | $12,528,365 |
Hampshire Foundation Inc Wilmington, DE | $84,819,916 | $17,954,468 |
Painters And Allied Trades Labor Management Cooperation Fund Hanover, MD | $16,040,317 | $4,577,967 |
Neighborgood Partners Inc Dover, DE | $35,738,528 | $7,807,910 |
United Food And Commercial Workers International Union Gaithersburg, MD | $2,738,530 | $4,012,146 |
Pennsylvania Certified Organic Spring Mills, PA | $1,487,363 | $4,239,851 |
Pennsylvania Farm Bureau Camp Hill, PA | $15,863,020 | $5,878,793 |
New Jersey Farmers Cooperative West Cape May, NJ | $3,155,537 | $6,158,386 |
Montgomery County Agricultural Center Inc Gaithersburg, MD | $13,260,435 | $4,649,730 |
Local Union 102 Joint Training Fund Parsippany, NJ | $5,728,470 | $3,056,807 |