Southeastern Carpenters Training FY2021 filing

Martinez, GAUnknown exempt organizationEIN 58-1404202Revenue $4.3M in FY2021

On file with the IRSsectt.net546 Blackburn Dr · Martinez, GA

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Apprenticeship and Training school

86¢ of each $1 spent went to programs.
$130K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $603K a year · 15% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
86%
of spending
Looks good: 86% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$130K
to officers and key staff · 4% of spending
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
13 mo
of spending, in cash
Looks good: 13.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$75K
0.5% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$4.3M
-6% vs prior year
Spent
$3.3M
To programs
86%
Net assets
$13.9M
By yearFY2020–FY2024
Revenue
$4.3M
FY2021▼ -6%
Tap a bar for its year
Revenue by fiscal year
FY2020$4.6M
FY2021$4.3M
FY2022$4.0M
FY2023$3.8M
FY2024$3.3M
Expenses
$3.3M
FY2021▲ +25%
Tap a bar for its year
Expenses by fiscal year
FY2020$2.6M
FY2021$3.3M
FY2022$3.5M
FY2023$3.8M
FY2024$3.9M
Net assets
$13.9M
FY2021▲ +8%
Tap a bar for its year
Net assets by fiscal year
FY2020$12.8M
FY2021$13.9M
FY2022$14.4M
FY2023$14.0M
FY2024$0

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

86 cents of each dollar spent went to programs.

Program services 86% · $2.8M Management & general 14% · $455K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

9 people listed on the 990; $130K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Di
$129,542Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee/Chai
$0Pt VII · Sec A
Trustee/Secr
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 6 named individuals · Part VII

NameFY2024FY2023FY2022FY2021
Mark Brown$145,467$137,724$105,338—
Shon Douglas———$129,542
Zachary Jackson$102,515———
Jeffrey McCary$102,515———
Wuilian Valdez$102,515———
David Dye$102,515———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides apprenticeship and training for skilled trades.

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Provided by the organization

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1 program · $2.8M · in their own filed words · FY2021
01

Provide an apprenticeship training program for qualified applicants that want to become carpenters and millwrights as well as update classes for individuals that are already carpenters and millwrights.

$2.8Mprogram expense

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$4.3M
Ln 12
Fees for servicesLn 2g$3.8M
Gifts and grantsLn 1h$468K
Other incomeLn 4–11$83K
Money outPt IX
$3.3M
Ln 25
Programscol B$2.8M
Managementcol C$455K
Owns and owesPt X
$13.9M
net assets · Ln 32
Cash and savingsLn 1–2$3.6M
Total assetsLn 16$13.9M
LiabilitiesLn 26$75K
PeoplePt VI, VII
9
listed · VII A
PaidVII A1
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$468K
Government grantsLn 1e$268K
Fees for servicesLn 2g$3.8M
Investment incomeLn 3$5K
Other incomeLn 4–11$83K
Gains on assetsLn 7$1K
Total revenueLn 12$4.3M
Assets in detailPt X, end of year
CashLn 1$3.2M
SavingsLn 2$369K
Cash and savings togetherLn 1–2$3.6M
Land, buildings, equipmentLn 10c$9.6M
Total assetsLn 16$13.9M
LiabilitiesLn 26$75K
Net assetsLn 32$13.9M
OperationsPt I, VI
EmployeesI 528
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$6.9M$3.6M
Land, buildings, equipmentLn 10c$6.0M$9.6M
Total assetsLn 16$13.3M$13.9M
LiabilitiesLn 26$454K$75K
Net assetsLn 32$12.8M$13.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of disqualified personsLn 6$130K$130K
Other salaries and wagesLn 7$956K$956K
Other employee benefitsLn 9$411K$349K$62K
Payroll taxesLn 10$80K$68K$12K
Accounting feesLn 11c$22K$22K
Other fees for servicesLn 11g$8K$8K
Office expensesLn 13$41K$14K$27K
Information technologyLn 14$93K$93K
OccupancyLn 16$158K$158K
TravelLn 17$76K$76K
Conferences, conventions and meetingsLn 19$253K$249K$4K
InterestLn 20$72K$72K
Depreciation, depletion and amortizationLn 22$344K$309K$34K
InsuranceLn 23$53K$52K$965
Other expenses (24a–d)Ln 24$520K$464K$56K
All other expensesLn 24e$59K$45K$13K
Total functional expensesLn 25$3.3M$2.8M$455K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $3.3M$3.9M−$604K$0 990 PDF
FY2023 $3.8M$3.8M−$7K$14.0M 990 PDF
FY2022 $4.0M$3.5M$547K$14.4M 990 PDF
FY2021 Viewing $4.3M$3.3M$1.1M$13.9M 990 PDF
FY2020 $4.6M$2.6M$2.0M$12.8M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $4,338,311 revenue, 12 lines filed
I-8 Contributions and grants$468,400
I-9 Program service revenuePrior year $4,110,099$3,781,306
I-10 Investment incomePrior year $5,398$5,129
I-11 Other revenuePrior year $509,574$83,476
I-12 Total revenuePrior year $4,625,071$4,338,311
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $1,001,798$1,576,581
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1,608,143$1,698,265
I-18 Total expensesPrior year $2,609,941$3,274,846
I-19 Revenue less expensesPrior year $2,015,130$1,063,465
Part VI · Governance 8 of 8 board members independent, no flags
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $4,338,311 across 9 lines filed
VIII-1d Related organizations$200,000
VIII-1e Government grants$268,400
VIII-1h Total contributions, gifts and grants$468,400
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $3,781,306$3,781,306
VIII-3 Investment incomeExcluded from tax $3,985$3,985
VIII-6 Net rental income or lossRelated to mission $66,300$66,300
VIII-7 Net gain or loss on sales of assetsExcluded from tax $1,144$1,144
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $17,176$17,176
VIII-12 Total revenueRelated to mission $3,864,782 · Excluded from tax $5,129$4,338,311
Part IX · Statement of functional expenses $3,274,846 across 16 lines filed
IX-6 Pay of disqualified personsManagement $129,542$129,542
IX-7 Other salaries and wagesPrograms $956,297$956,297
IX-9 Other employee benefitsPrograms $349,207 · Management $61,625$410,832
IX-10 Payroll taxesPrograms $67,923 · Management $11,987$79,910
IX-11c Accounting feesManagement $22,193$22,193
IX-11g Other fees for servicesPrograms $8,027$8,027
IX-13 Office expensesPrograms $14,123 · Management $27,167$41,290
IX-14 Information technologyManagement $93,271$93,271
IX-16 OccupancyPrograms $158,080$158,080
IX-17 TravelPrograms $75,755$75,755
IX-19 Conferences, conventions and meetingsPrograms $248,648 · Management $4,076$252,724
IX-20 InterestPrograms $71,831$71,831
IX-22 Depreciation, depletion and amortizationPrograms $309,249 · Management $34,361$343,610
IX-23 InsurancePrograms $51,810 · Management $965$52,775
IX-24 Other expenses (24a–d)Programs $463,630 · Management $56,316$519,946
IX-24e All other expensesPrograms $45,303 · Management $13,460$58,763
IX-25 Total functional expensesPrograms $2,819,883 · Management $454,963 · Fundraising $0$3,274,846
Part X · Balance sheet $13,939,872 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $6,498,161$3,244,541
X-2 Savings and temporary cash investmentsStart of year $369,575$369,324
X-4 Accounts receivableStart of year $400,571$679,495
X-9 Prepaid expenses and deferred chargesStart of year $24,436$5,486
X-10c Land, buildings and equipment, netStart of year $5,963,037$9,641,026
X-16 Total assetsStart of year $13,255,780$13,939,872
X-17 Accounts payable and accrued expensesStart of year $171,323$63,455
X-24 Unsecured notes and loans payableStart of year $282,129$9,804
X-25 Other liabilitiesStart of year $257$1,549
X-26 Total liabilitiesStart of year $453,709$74,808
X-27 Net assets without donor restrictionsStart of year $12,802,071$13,865,064
X-32 Total net assets or fund balancesStart of year $12,802,071$13,865,064
X-33 Total liabilities and net assetsStart of year $13,255,780$13,939,872
Part XI · Reconciliation of net assets $13,865,064 net assets at year end
XI-1 Total revenue$4,338,311
XI-2 Total expenses$3,274,846
XI-3 Revenue less expenses$1,063,465
XI-4 Net assets at start of year$12,802,071
XI-5 Net unrealized gains (losses) on investments−$472
XI-10 Net assets at end of year$13,865,064

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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