Central Tech Foundation Inc
- Assets
- $463.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Drumright, OK
- Founding
- 12/1979
- Data as of
- 06/2022
- EIN
- 73-1291269
Organization Overview
Central Tech Foundation Inc is located in Drumright, OK. The organization was established in 1979. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is the central organization for a national or regional group of organizations. Central Tech Foundation 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 06/2022, Central Tech Foundation Inc generated $36.7k 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 (4.4%) each year. All expenses for the organization totaled $27.8k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 7 years. 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
2022
Describe the Organization's Program Activity:
Part 3
SUPPORT VOCATIONAL TECHNICAL EDUCATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wendell Bookout President | 0 | $0 | |
Linda Enlow Member | 0 | $0 | |
Richard Pitts Member | 0 | $0 | |
Phil Waul Secretary/ T | 0 | $0 | |
Debbie Watson Vice Preside | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,004 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,504 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $33,200 |
| Other Revenue | $0 |
| Total Revenue | $36,708 |
| 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 | $100 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $27,667 |
| Total expenses | $27,767 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $463,662 |
| Other assets | $0 |
| Total assets | $463,662 |
| Total liabilities | $0 |
| Net assets or fund balances | $463,662 |