Actea INC EIN 22-3210680 Form 990 (PDF) Claim this org

Actea INC FY2021 filing

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Promotes and monitors career and technical education in New York State. For fiscal year 2021 it reported $207K in revenue, $166K in expenses, and $643K in net assets.Pt I

Type
Business league / trade association · Community Development
Location
Johnson City, NY
Filings
5 on file (2021–2021)
Revenue
$207KFY2021
Expenses
$166K
Net assets
$643K
People
4
Filings
5
Updates
0
More identity details & actions ⌄
EIN  22-3210680 Business league / trade association Johnson City, NY
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Promotes and monitors career and technical education in New York State.
Leadership
Michelle Friedman · Vice President
Money in and out
$207K revenue, $166K expenses
Bottom line
+20% operating surplus
Membership & operating revenue · FY2021
Total revenue
$207K
Pt VIII · Ln 12
Total expenses
$166K
Pt IX · Ln 25
Net assets
$643K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $41K
Where spending went · Part IX cols B–D
Program services $1.00
Operating surplus
+20%
revenue over expenses
Earned revenue
65%
of revenue from program services & dues
Payroll share
0%
of spending is salaries & benefits

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$207K
FY2021
Expenses
$166K
FY2021
Total assets
$643K
FY2021
Total liabilities
$0
FY2021
Total revenue
$207K
Pt VIII · Ln 12
Total expenses
$166K
Pt IX · Ln 25
Net assets
$643K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$41K
Total assetsPt X · Ln 16$643K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 4pending

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CActea INC
EINHdr · item D22-3210680
Principal addressHdr · item CJohnson City, NY
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(6) · active
NTEE classificationIRS BMFCommunity Development (S41)
Ruling yearIRS BMFFeb 2017

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Vice President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2020.
01

To cooperate with the association of career and technical education and any other professional group with objectives compatible with those of actea, inc of new york state. We also promote and monitor career and technical education initiatives in new york state and maintaining professional standards among personnel involved.

Pt IX · col B

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Statement of Revenue

Part VIII
Program service revenue$135K · 65%
Other revenue$65K · 32%
Investment income$6K · 3%
Program service revenue65%$135K
Other revenue32%$65K
Investment income3%$6K
Total revenueLn 12$207K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$166K
Total functional expensesLn 25$166K

Balance Sheet

Part X · end of year
CashLn 1$213K
Total assetsLn 16$643K
Total liabilitiesLn 26$0
Total net assetsLn 32$643K
Months of cash on handcomputed15.4

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $213K · Operating expenses/yr $166K
15.4 months
Where the money goes
Program services
Program services $166K · Total expenses $166K
100%
Management & General
Management & general $0 · Total expenses $166K
0%
Fundraising
Fundraising $0 · Total expenses $166K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $207K
0%
Government reliance
Government grants — · Total revenue $207K
Earned-income share
Program service revenue $135K · Total revenue $207K
65%
Investment reliance
Investment income $6K · Total revenue $207K
+3%
Program self-sufficiency
Program service revenue $135K · Total expenses $166K
81%
Growth & trend
Revenue growth (YoY)
This year $207K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $643K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $207K · Expenses $166K
+20%
Liabilities-to-Assets
Total liabilities — · Total assets $643K
Net-asset ratio
Net assets $643K · Total assets $643K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $643K
0%
People & payroll
Highest Reported Total Compensation
Individual Michelle Friedman · Reported title Vice President · Highest reported compensation $0 · Total expenses $166K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $166K
0%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 1.0%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$198K revenue · ⤓ 990 PDF
FY2024$142K revenue · ⤓ 990 PDF
FY2023$134K revenue · ⤓ 990 PDF
FY2022$120K revenue · ⤓ 990 PDF
FY2021$207K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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