Overview
What is Technical Employment Training Inc?
Technical Employment Training Inc, based in San Bernardino, California, is a nonprofit organization that focuses on career education and training. They provide consulting services to organizations, aiding them in developing a pipeline of students for higher education in manufacturing trades. This consulting program is part of a broader mission to offer education, certifications, and training to a diverse group of learners. With a dedicated workforce of 11 individuals, Technical Employment Training Inc aims to prepare these learners effectively for the evolving job market of the 21st century.
Official website here: www.technicalemploy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, earning it a Two-Star out of Four Star rating. This rating indicates that Technical Employment Training Inc has some strengths in governance and financial practices, yet there are significant areas for improvement. The organization benefits from a fully independent board and strong policies on conflict of interest and whistleblower protection, showcasing a commitment to accountability.
Despite these positive attributes, the organization struggles with a high liabilities to assets ratio of 99.47%, which raises concerns about its financial stability. Additionally, the program expense ratio of 58.41% suggests that a lower portion of its expenses is directed toward its programs compared to its administrative costs. This could indicate inefficiencies in resource allocation.
Overall, while Technical Employment Training Inc demonstrates a solid governance framework, its financial metrics point to challenges that could impact sustainability and program effectiveness. Addressing these financial concerns may enhance its overall performance and impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Technical Employment Training Inc legitimate?
Technical Employment Training Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Technical Employment Training Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $125,628
Professional Fundraising Fees: $0
Other Salaries and Wages: $228,654
For more financial information, click here
Official website here: www.technicalemploy.org
What is the mission statement of Technical Employment Training Inc?
Technical Employment Training Inc's mission is centered around providing education and training, leading to national certifications, to a diverse group of learners. This is done with the aim of preparing them effectively for the emerging job market of the 21st century. The organization's consulting education program also extends its services to organizations, assisting them in developing a pipeline of students for higher education in manufacturing trades.
Official website here: www.technicalemploy.org
Who is the CEO of Technical Employment Training Inc?
Virginia Martinez is the Vice President of Technical Employment Training Inc. The CEO's salary of Technical Employment Training Inc is $0 and their total compensation is $0.
Official website here: www.technicalemploy.org
What is the revenue of Technical Employment Training Inc?
Technical Employment Training Inc's revenue in 2022 was $745,395.
Official website here: www.technicalemploy.org
Who are the executives of Technical Employment Training Inc and what are their salaries?
The average compensation at Technical Employment Training Inc during 2022 was $32,207. There are 11 employees and 8 volunteers at Technical Employment Training Inc.
Here are 10 key members and their salaries (Technical Employment Training Inc's CEO's salary is $0 and their total compensation is $0):
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- Compensation: $105,600
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- Other: $20,028
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Official website here: www.technicalemploy.org
Where can I find the form 990 for Technical Employment Training Inc?
Technical Employment Training Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.technicalemploy.org
Learn more at the official website: www.technicalemploy.org
Mission Statement of Technical Employment Training Inc
Technical Employment Training Inc, or TET, is committed to offering education, training, and national certifications in career education to a diverse group of learners. Their mission is to prepare these individuals for entry into the emerging job market of the century. By providing these essential skills, TET aims to equip learners with the necessary tools to succeed in their chosen fields.
In addition to direct education and training, TET offers consulting services through its Consulting Education program. This program assists organizations in developing a pipeline of students into higher education for manufacturing trades. By collaborating with organizations, TET helps to ensure that the workforce of the future is well-equipped and ready to meet the demands of the evolving job market.
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Impact
October, 2024
Technical Employment Training Inc (TET) significantly impacts the workforce development landscape by providing comprehensive education, training, and nationally recognized certifications in various career fields. By equipping a diverse group of learners with essential skills, TET enhances their readiness for the rapidly evolving job market of the century.
The organization focuses on fostering a strong pipeline of students into higher education, particularly in manufacturing trades, through its consulting education program. This initiative collaborates with organizations to address workforce needs and ensures that students are well-prepared for successful careers.
With a base in San Bernardino, CA, TET plays a critical role in boosting local employment opportunities and contributing to the overall economic development of the region. By prioritizing accessible training and education, TET empowers individuals to achieve their career goals and adapt to the demands of modern industries.
This information is meant to be a general summary of Technical Employment Training Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $6,133
- Program Service Revenue: $547,231
- Gross Receipts: $746,962
Assets and Liabilities:
- Total Assets: $477,819
- Total Liabilities: $475,319
- Net Assets: $2,500
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONSULTING EDUCATION
Revenue
$424,673
TRAINING FEES
Revenue
$119,073
MANUFACTURING INCOME
Revenue
$3,485
Organization Details
Founding Year
2009
Phone
(909) 382-4141Principal Officer
Virginia Martinez
Main Address
194 LELAND NORTON WAY, SAN BERNARDINO, CA, 92408
Website
www.technicalemploy.orgNTEE Category
Code: B30 - Education
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