Vocational Training Center Inc

EIN: 450277254 501(c)(3) Employment

Fargo, ND

Total Revenue
$9,205,246
Total Expenses
$8,676,932
Total Assets
$9,426,317
Net Assets
$8,544,058
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1961
Legal Domicile
ND
Principal Officer
Scott Burtsfield
Phone
7012414858
Tax Period
2024-07-01 to 2025-06-30

Vocational Training Center Inc, founded in 1961, is a community nonprofit in the Employment sector that reported $9.2M in total revenue in fiscal year 2024. Expenses of $8.7M left a modest 6% surplus.

Mission

To provide training for adults with developmental disabilities.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $559,807
Program Service Revenue $8,522,975
Investment Income $147,967
Other Revenue $-25,503
TOTAL REVENUE $9,205,246

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,946,727
Fundraising Expenses $0
Program Expenses $6,576,493
Other Expenses $1,730,205
TOTAL EXPENSES $8,676,932

Year-over-Year Comparison

2024 2023 Change
Revenue $9,205,246 $8,595,858 +0.1%
Expenses $8,676,932 $8,042,365 +0.1%
Net Income $528,314 $553,493 0.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
308
Volunteers
9

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$339,827
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
John Wheeler Board President 1.00
Officer Director
$0 $0 $0
Jackie Gapp Board Vice President 1.00
Officer Director
$0 $0 $0
Bob Stroup III Board Secretary 1.00
Officer Director
$0 $0 $0
Scott Green Board Treasurer 1.00
Officer Director
$0 $0 $0
Eldor Scheid Board Member 1.00
Director
$0 $0 $0
Senator Judy Lee Board Member 1.00
Director
$0 $0 $0
Dave Piepkorn Board Member 1.00
Director
$0 $0 $0
Randy Clark Board Member 1.00
Director
$0 $0 $0
Alec Penney Board Member (as of Aug 2024) 1.00
Director
$0 $0 $0
Scott Burtsfield Executive Director 40.00
Officer
$200,339 $18,024 $218,363
Benjamin Reagen Finance Director 40.00
Officer
$106,608 $14,856 $121,464
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $9,205,246 $8,676,932 $9,426,317 $528,314
2024 $8,595,858 $8,042,365 $9,191,991 $553,493
2023 $7,879,632 $7,707,399 $8,456,314 $172,233
2022 $8,486,105 $7,309,317 $8,186,573 $1,176,788
2021 $7,124,205 $5,956,368 $8,266,125 $1,167,837
2020 $5,236,605 $5,520,705 $6,416,396 $-284,100
2019 $5,864,368 $5,391,188 $5,640,065 $473,180
2018 $5,666,588 $5,624,112 $5,468,005 $42,476
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