SKILLED KC TECHNICAL INSTITUTE INC

EIN: 842590050 501(c)(3)

KANSAS CITY, MO

Total Revenue
$73,639
Total Expenses
$1,438,953
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
MO
Principal Officer
KRISTIN BECHARD
Phone
8169321000
Tax Period
2022-01-01 to 2022-12-31

SKILLED KC TECHNICAL INSTITUTE INC, founded in 2019, is a micro nonprofit that reported $74K in total revenue in fiscal year 2022. Revenue fell 99% from the prior year — a significant decline worth monitoring. Expenses of $1.4M exceeded revenue, resulting in a 1854% operating deficit.

Mission

SKILLED KC TECHNICAL INSTITUTE PROVIDES QUALITY TRAINING FOR IN-DEMAND CAREERS, GIVING STUDENTS THE OPPORTUNITY TO GET GOOD PAYING JOBS IN MONTHS, NOT YEARS.

Program Service Accomplishments

Program 1
Expenses: $185,068

ADVANCED MANUFACTURING:TECHNOLOGY DRIVES A ROBUST MANUFACTURING INDUSTRY IN KANSAS AND MISSOURI. COMPANIES ARE LOOKING FOR PEOPLE WITH MECHANICAL AND ELECTRICAL KNOW-HOW, AND EXPERIENCE OPERATING...

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ADVANCED MANUFACTURING:TECHNOLOGY DRIVES A ROBUST MANUFACTURING INDUSTRY IN KANSAS AND MISSOURI. COMPANIES ARE LOOKING FOR PEOPLE WITH MECHANICAL AND ELECTRICAL KNOW-HOW, AND EXPERIENCE OPERATING TOOLS, ROBOTICS AND EQUIPMENT. SKILLED KC TECHNICAL INSTITUTE OFFERS PROGRAMS THAT PROVIDE QUALITY TRAINING ON THE SKILLS NEEDED TO USE CUTTING-EDGE TECHNOLOGY TO IMPROVE PRODUCTS AND PROCESSES OF MANUFACTURING. MANUFACTURING, CONSTRUCTION, TRANSPORTATION, AND WAREHOUSING ARE THE TOP FOUR INDUSTRIES IN HIRING SKILLED WORKERS IN THIS TRADE.

Program 2
Expenses: $126,469

BIOTECH:IN THE KANSAS CITY AREA, OVER 1,000 BIOTECH JOBS ARE AVAILABLE FROM COMPANIES IN PHARMACEUTICAL, AGRICULTURE, DIAGNOSTIC TESTING, AND MANUFACTURING INDUSTRIES EVERY YEAR. THAT'S 1,000 NEW...

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BIOTECH:IN THE KANSAS CITY AREA, OVER 1,000 BIOTECH JOBS ARE AVAILABLE FROM COMPANIES IN PHARMACEUTICAL, AGRICULTURE, DIAGNOSTIC TESTING, AND MANUFACTURING INDUSTRIES EVERY YEAR. THAT'S 1,000 NEW OPPORTUNITIES A YEAR. SKILLED KC TECHNICAL INSTITUTE OFFERS PROGRAMS THAT PROVIDE QUALITY TRAINING ON THE SKILLS NEEDED FOR THE STUDY OF LIVING SYSTEMS AND ORGANISMS, AND HOW TO MAKE PRODUCTS FROM AND FOR THEM. THE BIOTECH INDUSTRY IS BOOMING, GENERATING ABOUT $140,000,000 IN REVENUE IN THE UNITED STATES WITHIN GOVERNMENT AND REGULATORY AGENCIES, PRIVATE COMPANIES, AND CLINICAL LABORATORIES.

Program 3
Expenses: $505,819

SOFTWARE DEVELOPMENT & INSTRUCTIONAL DESIGN:AS COMPANIES GROW, SO DOES THE NEED FOR EXPERIENCED PROGRAMMERS. COMPANIES ARE READY FOR NEW TALENT. THEY WANT EMPLOYEES THAT HAVE BEEN TRAINED IN REAL...

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SOFTWARE DEVELOPMENT & INSTRUCTIONAL DESIGN:AS COMPANIES GROW, SO DOES THE NEED FOR EXPERIENCED PROGRAMMERS. COMPANIES ARE READY FOR NEW TALENT. THEY WANT EMPLOYEES THAT HAVE BEEN TRAINED IN REAL SITUATIONS, READY TO TAKE ON A CHALLENGE. SKILLED KC TECHNICAL INSTITUTE OFFERS PROGRAMS THAT PROVIDE QUALITY TRAINING IN SKILLS NEEDED TO DEVELOP SOFTWARE TO HELP PEOPLE WORK MORE EFFICIENTLY. WORKING BOTH INDIVIDUALLY AND AS PART OF A TEAM, YOU'LL LEARN TO CREATE AND MODIFY COMPUTER APPLICATIONS AS WELL AS ANALYZE AND DESIGN DATABASES.

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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 (2022)

Revenue Breakdown

Contributions & Grants $73,418
Program Service Revenue $221
Investment Income $0
Other Revenue $0
TOTAL REVENUE $73,639

Expense Breakdown

Grants Paid $0
Salaries & Benefits $983,568
Fundraising Expenses $0
Program Expenses $817,356
Other Expenses $455,385
TOTAL EXPENSES $1,438,953

Year-over-Year Comparison

2022 2021 Change
Revenue $73,639 $5,090,533 -1.0%
Expenses $1,438,953 $3,654,454 -0.6%
Net Income $-1,365,314 $1,436,079 -2.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
3
Independent Members
N/A
Employees
22
Volunteers
N/A

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
3
$1,499,125
Total Directors
3
$1,499,125
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN TYLER SECRETARY 1.00
Officer Director
$0 $42,742 $567,636
KRISTIN BECHARD TREASURER 1.00
Officer Director
$0 $66,011 $456,002
AARON NORTH PRESIDENT 1.00
Officer Director
$0 $64,476 $475,487
STEVEN M LANASA CHIEF ADMIN OFFICER/SENIOR VP 40.00
Highest
$104,411 $7,068 $111,479
WENDY GUILLES FORMER CHAIR 1.00
$0 $1,210,086 $1,997,908
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
2022 $73,639 $1,438,953 No data $-1,365,314
2021 $5,090,533 $3,654,454 $2,788,911 $1,436,079
2020 $4,500,574 $3,333,232 $1,352,556 $1,167,342
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