Bridgerland Technical College Continuing Education Foundation

EIN: 921290604 501(c)(3) Education

Logan, UT

Total Revenue
$331,613
Total Expenses
$257,794
Total Assets
$214,071
Net Assets
$214,071
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
UT
Principal Officer
K Chad Campbell
Phone
4357536780
Tax Period
2022-07-01 to 2023-06-30

Bridgerland Technical College Continuing Education Foundation, founded in 2021, is a small nonprofit in the Education sector that reported $332K in total revenue in fiscal year 2022. Revenue decreased 6% compared to the prior year. The organization ran a surplus of $74K, a strong 22% operating margin.

Mission

The general purpose is to offer continuing education courses of interest, and basic instruction in areas such as reading, language arts, and mathematics that are necessary for student success in a chosen technical education or job-related program.

Program Service Accomplishments

Program 1
Expenses: $257,794 Revenue: $331,613

Provided continuing technical education courses where the cost of providing the courses were recovered through user charges.

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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 $0
Program Service Revenue $331,613
Investment Income $0
Other Revenue $0
TOTAL REVENUE $331,613

Expense Breakdown

Grants Paid $0
Salaries & Benefits $140,577
Fundraising Expenses $0
Program Expenses $257,794
Other Expenses $117,217
TOTAL EXPENSES $257,794

Year-over-Year Comparison

2022 2021 Change
Revenue $331,613 $352,511 -0.1%
Expenses $257,794 $212,259 +0.2%
Net Income $73,819 $140,252 -0.5%
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

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Governance

Voting Members
13
Independent Members
N/A
Employees
N/A
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
1
$197,214
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
K Chad Campbell President N/A
Officer
$0 $0 $197,214
Jack Draxler Trustee N/A
$0 $0 $0
Nancy Kennedy Trustee N/A
$0 $0 $0
Neil Perkes Trustee N/A
$0 $0 $0
Eric Wamsley Trustee N/A
$0 $0 $0
Roger Pulsipher Trustee N/A
$0 $0 $0
Karina Brown Trustee N/A
$0 $0 $0
Matt Chowning Trustee N/A
$0 $0 $0
Lisa Clawson Trustee N/A
$0 $0 $0
John Ferry Trustee N/A
$0 $0 $0
Monica Holdaway Trustee N/A
$0 $0 $0
Paul Nelson Trustee N/A
$0 $0 $0
Mark Smoot Trustee N/A
$0 $0 $0
Larry Williams Trustee N/A
$0 $0 $0
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
2023 $331,613 $257,794 $214,071 $73,819
2022 $352,511 $212,259 $160,366 $140,252
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