Overview
What is Comptia Tech Career Academy?
Comptia Tech Career Academy is a Downers Grove, Illinois-based nonprofit organization with a mission to unlock people's potential by helping them launch and grow careers in information technology. With a team of 70 employees, they focus on providing training and preparation for adults seeking certification and success in IT jobs. Their efforts aim to address the industry's shortage of skilled IT professionals, as noted by the National Science Foundation. In addition to this, Comptia Tech Career Academy studies the intersection of technology and workforce to create data-driven solutions, policies, and methodologies that facilitate a transition from traditional jobs to new IT roles. They are a subsidiary of Creating IT Futures Foundation, a 501(C)3 charitable organization, and a subsidiary of CompTIA, the international tech trade association headquartered in Downers Grove.
Official website here: www.comptiatech.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 66%, earning a Two-Star out of Four Star rating
Comptia Tech Career Academy has received a Two-Star rating from Charity Navigator, indicating room for improvement in its accountability and financial practices. The organization scored a total of 66 on the Accountability & Finance metrics, with notable strengths in areas such as audit oversight and conflict of interest policies. However, it significantly lacks in having independent board members and a well-sized independent board, which are critical for effective governance.
While the academy demonstrates a commitment to transparency through policies like whistleblower protections and document retention, it falls short in disclosing certain financial documents on its website, impacting its overall accountability score. Additionally, the organization's liabilities to assets ratio raised concerns, suggesting potential financial management issues that could affect its sustainability.
Despite these challenges, Comptia Tech Career Academy maintains a strong program expense ratio, indicating that a majority of its funds are directed towards its programs. This focus on programmatic spending reflects a dedication to its mission, though enhanced governance and transparency measures are necessary to bolster trust and effectiveness in the long term.
This AI summary has been generated from information found on Charity Navigator.
Is Comptia Tech Career Academy legitimate?
Comptia Tech Career Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Comptia Tech Career Academy 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: $1,314,282
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,077,596
For more financial information, click here
Official website here: www.comptiatech.org
What is the mission statement of Comptia Tech Career Academy?
The Comptia Tech Career Academy focuses on the intersection of technology and the workforce, utilizing insights to create data-driven solutions, policies, and methodologies that ensure a productive, viable, and equitable 21st century. They monitor new technology job creation trends for both degree and non-degree workers, investigating how new technologies enhance efficiency and open up opportunities for existing workers. The organization aims to address the industry shortage of skilled IT professionals, as noted by the National Science Foundation, by preparing adults for certification and success in IT jobs to expand the tech workforce. As a non-profit, the Comptia Tech Career Academy is dedicated to unlocking people's potential and helping them launch and grow their careers in IT.
Official website here: www.comptiatech.org
Who is the CEO of Comptia Tech Career Academy?
Todd Thibodeaux is the Chairman, Director of Comptia Tech Career Academy. The CEO's salary of Comptia Tech Career Academy is $0 and their total compensation is $413,126.
Official website here: www.comptiatech.org
What is the revenue of Comptia Tech Career Academy?
Comptia Tech Career Academy's revenue in 2022 was $11,883,037.
Official website here: www.comptiatech.org
Who are the executives of Comptia Tech Career Academy and what are their salaries?
The average compensation at Comptia Tech Career Academy during 2022 was $91,313. There are 70 employees and 5 volunteers at Comptia Tech Career Academy.
Here are 10 key members and their salaries (Comptia Tech Career Academy's CEO's salary is $0 and their total compensation is $413,126):
- Compensation: $0
- Related: $1,554,741
- Other: $32,861
- Compensation: $0
- Related: $380,799
- Other: $32,327
- Compensation: $0
- Related: $429,043
- Other: $37,394
- Compensation: $0
- Related: $592,444
- Other: $33,861
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $223,865
- Related: $0
- Other: $29,607
- Compensation: $494,832
- Related: $0
- Other: $22,019
- Compensation: $295,182
- Related: $0
- Other: $32,861
- Compensation: $172,772
- Related: $0
- Other: $15,689
- Compensation: $135,977
- Related: $0
- Other: $23,322
Official website here: www.comptiatech.org
Where can I find the form 990 for Comptia Tech Career Academy?
Comptia Tech Career Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.comptiatech.org
Learn more at the official website: www.comptiatech.org
Mission Statement of Comptia Tech Career Academy
Comptia Tech Career Academy, a non-profit organization, is dedicated to unlocking people's potential by helping them launch and grow careers in Information Technology (IT). With a mission rooted in addressing the industry's shortage of skilled IT professionals, as noted by the National Science Foundation, Comptia Tech Career Academy strives to prepare adults for certification and success in IT jobs. By doing so, it aims to foster a productive, viable, and equitable 21st century workforce.
Through insightful research into the intersection of technology and workforce, Comptia Tech Career Academy identifies technology job creation trends for both degree and non-degree workers. It explores how new technologies might be creating efficiencies and opening up opportunities for existing workers. Moreover, the organization advocates for fiscal and social policies that facilitate and ease the transition from traditional blue collar jobs to "new collar" jobs in IT.
As a non-profit subsidiary of Creating IT Futures Foundation, a 501(C)3 charitable organization, Comptia Tech Career Academy forms part of a larger mission to help students land and thrive in IT jobs. This nonprofit entity, in turn, is a subsidiary of CompTIA, a nonprofit international tech trade association headquartered in Downers Grove, Illinois. Through its tireless efforts, Comptia Tech Career Academy plays a pivotal role in shaping the future IT workforce, ensuring it remains productive, adaptable, and inclusive.
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Impact
October, 2024
Comptia Tech Career Academy significantly impacts the technology workforce by addressing the critical shortage of skilled IT professionals. By focusing on the intersection of technology and workforce dynamics, the academy applies data-driven insights to craft effective solutions and policies that promote equitable access to technology careers.
The program specializes in training individuals with little to no background in information technology, equipping them with essential technical skills and soft skills necessary to launch successful careers in tech. This initiative is particularly important as it facilitates the transition from traditional blue-collar jobs to "new collar" positions in the technology sector, reflecting the evolving job landscape.
Moreover, the academy plays a crucial role in identifying new job creation trends and the impact of emerging technologies on existing workers. By fostering the growth of a well-prepared workforce, Comptia Tech Career Academy not only empowers individuals to thrive in IT roles but also helps to strengthen the tech industry as a whole. This mission aligns with the broader objective of creating a viable and productive 21st-century workforce capable of addressing the demands of an increasingly tech-driven economy.
This information is meant to be a general summary of Comptia Tech Career Academy. 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.
- Program Service Revenue: $3,604,512
- Gross Receipts: $11,883,037
Assets and Liabilities:
- Total Assets: $7,433,156
- Total Liabilities: $7,544,843
- Net Assets: -$111,687
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TRAINING
Revenue
$2,880,658
CONTENT
Revenue
$345,752
CERTIFICATION
Revenue
$199,383
TUITION AND FEES
Revenue
$178,719
Organization Details
Founding Year
2018
Phone
(630) 678-8300Principal Officer
Todd Thibodeaux
Main Address
3500 LACEY ROAD SUITE 100, DOWNERS GROVE, IL, 60515
Website
www.comptiatech.orgNTEE Category
Code: J20 - Employment
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