PERRY TECHNICAL FOUNDATION

EIN: 943188041 501(c)(3)

YAKIMA, WA

Total Revenue
$4,023,354
Total Expenses
$1,231,387
Total Assets
$14,965,011
Net Assets
$14,844,393
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
WA
Principal Officer
JASON LAMIQUIZ
Phone
5094530374
Tax Period
2024-07-01 to 2025-06-30

PERRY TECHNICAL FOUNDATION, founded in 1993, is a community nonprofit that reported $4.0M in total revenue in fiscal year 2024. Revenue surged 235% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.8M, a strong 69% operating margin.

Mission

THE FOUNDATION EXISTS FOR THE PURPOSE OF RAISING FUNDS TO AID IN THE LONG TERM STABILITY AND EXISTENCE OF PERRY TECHNICAL INSTITUTE.

Program Service Accomplishments

Program 1
Expenses: $762,209

THE PERRY TECHNICAL FOUNDATION SUPPORTS STUDENTS ATTENDING PERRY TECHNICAL INSTITUTE BY PROVIDING A COMPREHENSIVE SCHOLARSHIP PROGRAM. SCHOLARSHIPS ARE OFFERED TWICE A YEAR TO STUDENTS IN GOOD...

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THE PERRY TECHNICAL FOUNDATION SUPPORTS STUDENTS ATTENDING PERRY TECHNICAL INSTITUTE BY PROVIDING A COMPREHENSIVE SCHOLARSHIP PROGRAM. SCHOLARSHIPS ARE OFFERED TWICE A YEAR TO STUDENTS IN GOOD STANDING WHO HAVE COMPLETED AT LEAST ONE QUARTER. APPLICATIONS ARE REVIEWED BY A COMMITTEE OF INDEPENDENT VOLUNTEERS AND AWARDED BASED UPON A STUDENT ESSAY, GRADES, ATTENDANCE, FINANCIAL NEED AND REFERENCES. THE PERRY TECHNICAL FOUNDATION DISTRIBUTED FUNDS TO 472 STUDENTS IN THE FORM OF SCHOLARSHIPS DURING THE 2024-2025 FISCAL YEAR.

Program 2
Expenses: $154,094

THE PERRY TECHNICAL FOUNDATION ASSISTS WITH EDUCATIONAL PROGRAMS AT PERRY TECHNICAL INSTITUTE THROUGH EQUIPMENT PURCHASES AND CAPITAL IMPROVEMENTS. DURING THE 2024-2025 FISCAL YEAR, $154,094 IN...

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THE PERRY TECHNICAL FOUNDATION ASSISTS WITH EDUCATIONAL PROGRAMS AT PERRY TECHNICAL INSTITUTE THROUGH EQUIPMENT PURCHASES AND CAPITAL IMPROVEMENTS. DURING THE 2024-2025 FISCAL YEAR, $154,094 IN EQUIPMENT FUNDS FOR PERRY TECHNICAL INSTITUTE WERE DISBURSED. THE EQUIPMENT PURCHASES HELP AID PERRY TECHNICAL INSTITUTE WITH TRAINING ON QUALITY EQUIPMENT SIMILAR TO WHAT THEY WILL EXPERIENCE IN INDUSTRY.

Program 3

THE PERRY TECHNICAL FOUNDATION SUPPORTS STUDENTS ATTENDING PERRY TECHNICAL INSTITUTE BY OFFERING SMALL LOANS TO STUDENTS. LOAN FUNDS ARE AVAILABLE TO STUDENTS WITH GOOD CREDIT WHO ARE STRUGGLING WITH...

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THE PERRY TECHNICAL FOUNDATION SUPPORTS STUDENTS ATTENDING PERRY TECHNICAL INSTITUTE BY OFFERING SMALL LOANS TO STUDENTS. LOAN FUNDS ARE AVAILABLE TO STUDENTS WITH GOOD CREDIT WHO ARE STRUGGLING WITH THE FUNDS NEEDED TO PURCHASE EQUIPMENT OR TOOLS FOR THEIR PROGRAM. LOANS ARE AVAILABLE ON A FIRST COME, FIRST SERVE BASIS TO STUDENTS WHO APPLY AND PASS THE REQUIRED CREDIT CHECK. REPAYMENT BEGINS SIX MONTHS AFTER GRADUATION. DURING THE 2024-2025 FISCAL YEAR $2,442 IN LOAN FUNDS WERE DISTRIBUTED.

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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 $3,457,629
Program Service Revenue $0
Investment Income $565,345
Other Revenue $380
TOTAL REVENUE $4,023,354

Expense Breakdown

Grants Paid $916,303
Salaries & Benefits $207,112
Fundraising Expenses $270,261
Program Expenses $916,303
Other Expenses $107,972
TOTAL EXPENSES $1,231,387

Year-over-Year Comparison

2024 2023 Change
Revenue $4,023,354 $1,202,602 +2.3%
Expenses $1,231,387 $1,129,137 +0.1%
Net Income $2,791,967 $73,465 +37.0%
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

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Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
11
Employees
N/A
Volunteers
291

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
$461,094
Total Directors
16
$461,094
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CATHY STERBENZ TREASURER 1.00
Officer Director
$0 $18,569 $178,447
CHRISTINE COTE FORMER PRESIDENT (THRU 06/24) 1.00
$0 $11,929 $152,731
JASON LAMIQUIZ PRESIDENT 1.00
Officer Director
$0 $21,735 $150,689
TRESSA SHOCKLEY SECRETARY 40.00
Officer Director
$0 $18,527 $131,958
DON CARRELL DIRECTOR 1.00
Director
$0 $0 $0
JON DURAND DIRECTOR 1.00
Director
$0 $0 $0
RYAN HOPKINS DIRECTOR 1.00
Director
$0 $0 $0
DYANN HORTON DIRECTOR 1.00
Director
$0 $0 $0
JAKE JUNDT DIRECTOR 1.00
Director
$0 $0 $0
BRIAN KOENIG DIRECTOR 1.00
Director
$0 $0 $0
TRENT MARQUIS DIRECTOR 1.00
Director
$0 $0 $0
AMY MARTINEZ DIRECTOR 1.00
Director
$0 $0 $0
CELINA SANCHEZ DIRECTOR 1.00
Director
$0 $0 $0
JAY THOMPSON DIRECTOR 1.00
Director
$0 $0 $0
DAVID ELOFSON DIRECTOR 1.00
Director
$0 $0 $0
DAVID GONZALES DIRECTOR (THRU 11/24) 1.00
Director
$0 $0 $0
JULIE VALDEZ DIRECTOR (THRU 03/25) 1.00
Director
$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
2025 $4,023,354 $1,231,387 $14,965,011 $2,791,967
2024 $1,202,602 $1,129,137 $11,402,765 $73,465
2023 $1,844,180 $1,743,895 $10,994,168 $100,285
2022 $1,919,327 $1,444,347 $10,038,407 $474,980
2021 $1,058,741 $934,719 $11,080,320 $124,022
2020 $1,111,862 $845,603 $9,381,127 $266,259
2019 $765,560 $808,370 $9,351,064 $-42,810
2018 $1,168,803 $890,190 $9,085,748 $278,613
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