Skilled Kc Technical Institute Inc
- Assets
- $2.8m
- Revenue
- $5.1m
- Investments
- $0.0
- Employees
- 37
- Location
- Kansas City, MO
- Founding
- Data as of
- 12/2021
- EIN
- 84-2590050
Organization Overview
Skilled Kc Technical Institute Inc is located in Kansas City, MO. According to its NTEE Classification (B30) the organization is classified as: Vocational & Technical Schools, under the broad grouping of Education and related organizations. As of 12/2021, Skilled Kc Technical Institute Inc employed 37 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Skilled Kc Technical Institute 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, Skilled Kc Technical Institute Inc generated $5.1m in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $3.7m during the year ending 12/2021. While expenses have increased by 4.7% per year over the past 2 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
SEE SCHEDULE OSKILLED KC TECHNICAL INSTITUTE PROVIDES QUALITY TRAINING FOR IN-DEMAND CAREERS, GIVING STUDENTS THE OPPORTUNITY TO GET GOOD PAYING JOBS IN MONTHS, NOT YEARS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADVANCED MANUFACTURING:TECHNOLOGY DRIVES A ROBUST MANUFACTURING INDUSTRY IN KANSAS AND MISSOURI. COMPANIES ARE LOOKING FOR PEOPLE WITH MECHANICAL AND ELECTRICAL KNOW-HOW, AND EXPERIENCE OPERATING TOOLS, ROBOTICS AND EQUIPMENT. SKILLED KC TECHNICAL INSITITUTE OFFERS PROGRAMS THAT PROVIDE QUALITY TRAINING ON THE SKILLS NEEDED TO USE CUTTING-EDGE TECHNOLOGY TO IMPROVE PRODUCTS AND PROCESSES OF MANUFACTURING. MANUFACTURING, CONSTRUCTION, TRANSPORTATION, AND WAREHOUSING ARE THE TOP FOUR INDUSTRIES IN HIRING SKILLED WORKERS IN THIS TRADE.
BIOTECH:IN THE KANSAS CITY AREA, OVER 1,000 BIOTECH JOBS ARE AVAILABLE FROM COMPANIES IN PHARMACEUTICAL, AGRICULTURE, DIAGNOSTIC TESTING, AND MANUFACTURING INDUSTRIES EVERY YEAR. THAT'S 1,000 NEW OPPORTUNITIES A YEAR. SKILLED KC TECHNICAL INSTITUTE OFFERS PROGRAMS THAT PROVIDE QUALITY TRAINING ON THE SKILLS NEEDED FOR THE STUDY OF LIVING SYSTEMS AND ORGANISMS, AND HOW TO MAKE PRODUCTS FROM AND FOR THEM. THE BIOTECH INDUSTRY IS BOOMING, GENERATING ABOUT $140,000,000 IN REVENUE IN THE UNITED STATES WITHIN GOVERNMENT AND REGULATORY AGENCIES, PRIVATE COMPANIES, AND CLINICAL LABORATORIES.
SOFTWARE DEVELOPMENT & INSTRUCTIONAL DESIGN:AS COMPANIES GROW, SO DOES THE NEED FOR EXPERIENCED PROGRAMMERS. COMPANIES ARE READY FOR NEW TALENT. THEY WANT EMPLOYEES THAT HAVE BEEN TRAININED IN REAL SITUATIONS, READY TO TAKE ON A CHALLENGE. SKILLED KC TECHNICAL INSTITUTE OFFERS PROGRAMS THAT PROVIDE QUALITY TRAINING IN SKILLS NEEDED TO DEVELOP SOFTWARE TO HELP PEOPLE WORK MORE EFFICIENTLY. WORKING BOTH INDIVIDUALLY AND AS PART OF A TEAM, YOU'LL LEARN TO CREATE AND MODIFY COMPUTER APPLICATIONS AS WELL AS ANALYZE AND DESIGN DATABASES.
ACADEMIC PROGRAMS & STUDENT SUCCESS INITIATIVES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven M Lanasa Chief Administrative Officer | Officer | 40 | $158,455 |
Aaron North President | OfficerTrustee | 1 | $0 |
Kristin Bechard Treasurer | OfficerTrustee | 1 | $0 |
John Tyler Secretary | Officer | 1 | $0 |
Tim Racer Assistant Secretary | Officer | 1 | $0 |
Wendy Guilies Chair | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $294,049 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,796,069 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,090,118 |
| Total Program Service Revenue | $415 |
| 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 | $5,090,533 |
| 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. | $717,916 |
| Compensation of current officers, directors, key employees. | $323,465 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,060,770 |
| Pension plan accruals and contributions | $32,504 |
| Other employee benefits | $139,449 |
| Payroll taxes | $162,707 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $80,661 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,342 |
| Advertising and promotion | $191,916 |
| Office expenses | $173,888 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $420,213 |
| Travel | $236 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $46,510 |
| All other expenses | $22,276 |
| Total functional expenses | $3,654,454 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,788,911 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| 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 | $2,788,911 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $10,493 |
| Total liabilities | $10,493 |
| Net assets without donor restrictions | $0 |
| 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 | $2,778,418 |
| Total liabilities and net assets/fund balances | $2,788,911 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Skilled Kc Technical Institute Inc has recieved totaling $2,837,118.
| Awarding Organization | Amount |
|---|---|
Ewing Marion Kauffman Foundation Kansas City, MO PURPOSE: SUPPORT THE PILOT PHASE OF SKILLED KC TECHNICAL INSTITUTE, INC. TO PROVIDE HIGH-DEMAND, HIGHLY EMPLOYABLE NON-DEGREE CREDENTIALS FOR STUDENTS IN THE KANSAS CITY REGION. 201907-7034 | $2,542,469 |
Ewing Marion Kauffman Foundation Kansas City, MO PURPOSE: IN-KIND GRANT SUPPORT FOR OFFICE SPACE PROVIDED TO THE SKILLED KC TECHNICAL INSTITUTE BY THE EWING MARION KAUFFMAN FOUNDATION. 202111-11560 | $294,049 |
Ewing Marion Kauffman Foundation Kansas City, MO PURPOSE: MATCHING GRANT TO SUPPORT THE STUDENT FOOD PANTRY. 202012-9667 | $600 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alternative Schools Network Chicago, IL | $3,716,420 | $15,119,021 |
The Launchcode Foundation Saint Louis, MO | $16,718,030 | $16,796,933 |
Carpenters Joint Training Fund Of St Louis St Louis, MO | $23,316,031 | $11,452,308 |
Chicago Area Painting & Decorating Joint Apprenticeship & Train Comm Berkeley, IL | $22,598,762 | $6,295,488 |
Laurelbrook Sanitarium And School Incorporated Dayton, TN | $3,172,312 | $3,978,330 |
Skilled Kc Technical Institute Inc Kansas City, MO | $2,788,911 | $5,090,533 |
Turkish American Society Inc Mount Prospect, IL | $9,952,466 | $3,661,400 |
Local 798 Training Center Tulsa, OK | $15,089,944 | $2,364,355 |
Gordon Parks Elementary School Kansas City, MO | $2,020,109 | $3,711,683 |
Concerned Inc Harlan, IA | $2,766,277 | $2,998,754 |
Brillare Beauty Institute Cleveland, TN | $1,097,021 | $2,779,261 |
Newroot Learning Institute Chicago, IL | $2,414,826 | $2,735,806 |