Civic Intelligence

Mitchell Technical Institute Foundation

990 • Fiscal year 2021 • EIN 46-0452950

Jul 01, 2020 to Jun 30, 2021 • Filed on May 11, 2022

Organization ProfileMITCHELLTECH.EDU/FOUNDATION
1800 E Spruce StMitchell, SD 57301

(605) 995-3022

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

8th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

8th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Net Margin

19th percentile

-2.5%

Higher net margin than 19% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

22nd percentile

$0

Higher top officer pay than 22% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Asset Growth

81st percentile

30%

Faster asset growth than 81% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

4th percentile

-55%

Faster revenue growth than 4% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets8th percentile

Assets

Up

$5,929,006

Up $1,372,147 (+30%) from 2020

Net Assets

Up

$5,929,006

Up $1,372,147 (+30%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue And Expenses
Liabilities / Revenue8th percentileNet Margin19th percentile

Revenue

Down

$982,845

Down $1,183,691 (-55%) from 2020

Expenses

Down

$1,007,592

Down $1,388,691 (-58%) from 2020

Net Income

Up

-$24,747

Up $205,000 (+89%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth81st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $943,056Liabilities 2011: $0Net Assets 2011: $943,0562011Assets 2012: $940,573Liabilities 2012: $0Net Assets 2012: $940,5732012Assets 2013: $1,364,872Liabilities 2013: $0Net Assets 2013: $1,364,8722013Assets 2014: $1,903,194Liabilities 2014: $0Net Assets 2014: $1,903,1942014Assets 2015: $3,643,813Liabilities 2015: $0Net Assets 2015: $3,643,8132015Assets 2016: $3,802,400Liabilities 2016: $60,734Net Assets 2016: $3,741,6662016Assets 2017: $4,198,739Liabilities 2017: $67,484Net Assets 2017: $4,131,2552017Assets 2018: $4,339,630Liabilities 2018: $146,522Net Assets 2018: $4,193,1082018Assets 2019: $5,018,880Liabilities 2019: $389,404Net Assets 2019: $4,629,4762019Assets 2020: $4,556,859Liabilities 2020: $0Net Assets 2020: $4,556,8592020Assets 2021: $5,929,006Liabilities 2021: $0Net Assets 2021: $5,929,0062021Assets 2022: $5,563,880Liabilities 2022: $0Net Assets 2022: $5,563,8802022Assets 2023: $6,228,868Liabilities 2023: $0Net Assets 2023: $6,228,8682023Assets 2024: $6,476,610Liabilities 2024: $0Net Assets 2024: $6,476,6102024Assets 2025: $7,208,704Liabilities 2025: $0Net Assets 2025: $7,208,7042025

Highlighted filing

2021

Assets$5,929,006
Liabilities$0
Net Assets$5,929,006
Open 2021 Filing

Operations Trend

Revenue Growth4th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $231,2682011Expenses 2012: $445,7502012Revenue 2013: $1,308,379Expenses 2013: $947,724Net Income 2013: $360,6552013Revenue 2014: $1,500,838Expenses 2014: $1,071,370Net Income 2014: $429,4682014Revenue 2015: $2,997,585Expenses 2015: $1,194,496Net Income 2015: $1,803,0892015Revenue 2016: $1,247,936Expenses 2016: $1,090,650Net Income 2016: $157,2862016Revenue 2017: $1,076,555Expenses 2017: $978,703Net Income 2017: $97,8522017Revenue 2018: $1,636,183Expenses 2018: $1,671,906Net Income 2018: -$35,7232018Revenue 2019: $1,648,031Expenses 2019: $1,250,921Net Income 2019: $397,1102019Revenue 2020: $2,166,536Expenses 2020: $2,396,283Net Income 2020: -$229,7472020Revenue 2021: $982,845Expenses 2021: $1,007,592Net Income 2021: -$24,7472021Revenue 2022: $1,773,280Expenses 2022: $1,531,311Net Income 2022: $241,9692022Revenue 2023: $1,672,744Expenses 2023: $1,221,811Net Income 2023: $450,9332023Revenue 2024: $1,778,454Expenses 2024: $1,832,645Net Income 2024: -$54,1912024Revenue 2025: $1,677,622Expenses 2025: $1,339,932Net Income 2025: $337,6902025

Highlighted filing

2021

Revenue$982,845
Expenses$1,007,592
Net Income-$24,747
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 11, 2022
Return Version
2020v4.0
Gross Receipts
$982,845
Mission and Program Overview

Mission

Support mitchell technical college in providing students the skills for success in technical careers. This is done through scholarships for students and acquisitions of updated equipment and tools to ensure updated curriculum in all programs.

The foundation's mission is to support mitchell technical institute in providing students the skills for success in technical careers. This is done through scholarships for students and acquisitions of updated equipment and tools to ensure updated curriculum in all programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,651,238$4,349,028▲ $697,790
Savings and Temporary Cash Investments$668,894$699,762▲ $30,868
Pledges and Grants Receivable-$662,294-
Investments Program Related$200,000$200,000→ $0
Cash and Non-Interest-Bearing Accounts$9,353$17,922▲ $8,569
Total Assets$4,556,859$5,929,006▲ $1,372,147
Other Assets Total$27,374--
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$3,002,128$4,349,028▲ $1,346,900
Net Assets Without Donor Restrictions$1,554,731$1,579,978▲ $25,247
Total Net Assets Fund Balance$4,556,859$5,929,006▲ $1,372,147
Total Liabilities and Net Assets / Fund Balance$4,556,859$5,929,006▲ $1,372,147
Compensation and Service Providers
Top Officer Pay22nd percentile

Board Members and Trustees

NameTitle
David KayserPresident
Dr Lori RepenningTrustee
Jacki MiskiminsTrustee
Jake VandewaterTrustee
Terry SabersTrustee
Tom BoykoTrustee
Trent DowlingTrustee
Jared HoferEx-officio
Mark EyreSecretary/ T
Mike SprangVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$859,125
Program Service Revenue
$0
Investment Income
$123,720
Other Revenue
$0
All Other Contributions
$859,125
Change in Net Assets
$-24,747

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table10$440,794Fair Market Value
Total Noncash Contributions10$440,794-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$972,211
Other Expenses$35,381
Total Fundraising Expense$531
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$810,085--$810,085
Grants to Domestic Individuals$162,126--$162,126
Fees for Service Investment Mgmnt Fees-$28,299-$28,299
Occupancy-$3,471-$3,471
Other Expenses-$280$531$280
Total Functional Expenses$972,211$34,850$531$1,007,592
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Mitchell Technical CollegeMitchell, SDGovContinuing Support$369,291
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“The organization's form 990 is prepared by an outside accounting firm, based on information provided by management. Upon completion management reviews the form 990 with its outside accountants, signs, and submits the forms.”

Form 990, Page 6, Part VI, Line 19

“Documents are made available upon request”

Filing and Contact Details

Filer

Filer Name
Mitchell Technical College
EIN
46-0452950
Phone
6059953022
Address
1800 E SPRUCE ST, MITCHELL, SD 57301

Signing Officer

Name
Jared Hofer
Title
Ex-officio
Phone
6059953022
Signed
2022-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Kayser
Formed
1999
Legal Domicile
Sd
Voting Board Members
14
Independent Board Members
14
Employees
0
Volunteers
14

Preparer

Firm
Elo Prof LLC
Address
PO BOX 249, MITCHELL, SD 57301
Preparer
Jamie a Eldeen CPA
Phone
6059967717
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Support mitchell technical college in providing students the skills for success in technical careers. This is done through scholarships for students and acquisitions of updated equipment and tools to ensure updated curriculum in all programs.”

Form 990, Page 1, Part I, Line 6

“VOLUNTEER BOARD MEMBERS”

Raw XML AppendixShowing 400 of 424 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0true
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE FOUNDATION'S MISSION IS TO SUPPORT MITCHELL TECHNICAL INSTITUTE IN PROVIDING STUDENTS THE SKILLS FOR SUCCESS IN TECHNICAL CAREERS. THIS IS DONE THROUGH SCHOLARSHIPS FOR STUDENTS AND ACQUISITIONS OF UPDATED EQUIPMENT AND TOOLS TO ENSURE UPDATED CURRICULUM IN ALL PROGRAMS.
IRS990/AllOtherContributionsAmt0859125
IRS990/BooksInCareOfDetail/PersonNm0JARED HOFER
IRS990/BooksInCareOfDetail/PhoneNum06059953022
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01800 EAST SPRUCE ST
IRS990/BooksInCareOfDetail/USAddress/CityNm0MITCHELL
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SD
IRS990/BooksInCareOfDetail/USAddress/ZIPCd057301
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt09353
IRS990/CashNonInterestBearingGrp/EOYAmt017922
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0859125
IRS990/CYGrantsAndSimilarPaidAmt0972211
IRS990/CYInvestmentIncomeAmt0123720
IRS990/CYOtherExpensesAmt035381
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-24747
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt01007592
IRS990/CYTotalFundraisingExpenseAmt0531
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0982845
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0true
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0THE FOUNDATION PROVIDED SUPPORT TO THE PROGRAMS AND INSTRUCTORS OF MITCHELL TECHNICAL COLLEGE WITH BOTH CASH AND NONCASH AWARDS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt03002128
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt04349028
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0810085
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt028299
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt028299
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/PersonNm0TOM BOYKO
IRS990/Form990PartVIISectionAGrp/PersonNm1TRENT DOWLING
IRS990/Form990PartVIISectionAGrp/PersonNm2MARK EYRE
IRS990/Form990PartVIISectionAGrp/PersonNm3DAVID KAYSER
IRS990/Form990PartVIISectionAGrp/PersonNm4JACKI MISKIMINS
IRS990/Form990PartVIISectionAGrp/PersonNm5DR LORI REPENNING
IRS990/Form990PartVIISectionAGrp/PersonNm6TERRY SABERS
IRS990/Form990PartVIISectionAGrp/PersonNm7MIKE SPRANG
IRS990/Form990PartVIISectionAGrp/PersonNm8JAKE VANDEWATER
IRS990/Form990PartVIISectionAGrp/PersonNm9JARED HOFER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY/ T
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9EX-OFFICIO
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01999
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GrantAmt0810085
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0162126
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0162126
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0810085
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0810085
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0982845
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt014
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt026800
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt096920
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0123720
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0200000
IRS990/InvestmentsProgramRelatedGrp/EOYAmt0200000
IRS990/InvestmentsPubTradedSecGrp/BOYAmt03651238
IRS990/InvestmentsPubTradedSecGrp/EOYAmt04349028
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0SD
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0SUPPORT MITCHELL TECHNICAL COLLEGE IN PROVIDING STUDENTS THE SKILLS FOR SUCCESS IN TECHNICAL CAREERS. THIS IS DONE THROUGH SCHOLARSHIPS FOR STUDENTS AND ACQUISITIONS OF UPDATED EQUIPMENT AND TOOLS TO ENSURE UPDATED CURRICULUM IN ALL PROGRAMS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt04556859
IRS990/NetAssetsOrFundBalancesEOYAmt05929006
IRS990/NetUnrlzdGainsLossesInvstAmt0627600
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01554731
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01579978
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt0440794
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt03471
IRS990/OccupancyGrp/TotalAmt03471
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt027374
IRS990/OtherExpensesGrp/Desc0CONTINUING EDUCATION
IRS990/OtherExpensesGrp/Desc1FUNDRAISING EXPENSES
IRS990/OtherExpensesGrp/Desc2BANK FEES
IRS990/OtherExpensesGrp/FundraisingAmt0531
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02800
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1280
IRS990/OtherExpensesGrp/TotalAmt02800
IRS990/OtherExpensesGrp/TotalAmt1531
IRS990/OtherExpensesGrp/TotalAmt2280
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0662294
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0DAVID KAYSER
IRS990/PriorPeriodAdjustmentsAmt0769294
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0THE FOUNDATION AWARDED 226 SCHOLARSHIPS TO STUDENTS ENROLLED AT MITCHELL TECHNICAL COLLEGE
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0162126
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0162126
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt02039083
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt02355114
IRS990/PYInvestmentIncomeAmt0127453
IRS990/PYOtherExpensesAmt041169
IRS990/PYRevenuesLessExpensesAmt0-229747
IRS990/PYTotalExpensesAmt02396283
IRS990/PYTotalRevenueAmt02166536
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-24747
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0668894
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0699762
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0859125
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02039083
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01547081
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01566324
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01009708
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt07021321
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt026800
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt020000
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt012850
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt013000
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt023870
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt096520
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0349332
IRS990ScheduleA/PublicSupportCY170Pct00.64140
IRS990ScheduleA/PublicSupportPY170Pct00.55080
IRS990ScheduleA/PublicSupportTotal170Amt04565385
IRS990ScheduleA/SubstantialContributorsTotAmt02455936
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0859125
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02039083
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01547081
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01566324
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01009708
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt07021321
IRS990ScheduleA/TotalSupportAmt07117841
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0162126
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0226
IRS990ScheduleI/RecipientTable/CashGrantAmt0369291
IRS990ScheduleI/RecipientTable/IRCSectionDesc0GOV
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt0440794
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0EQUIPMENT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0CONTINUING SUPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0MITCHELL TECHNICAL COLLEGE
IRS990ScheduleI/RecipientTable/RecipientEIN0466001338
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01800 E SPRUCE ST
IRS990ScheduleI/RecipientTable/USAddress/CityNm0MITCHELL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0SD
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd057301
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0FMV
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt010
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0EQUIP & SUPPLY
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0FAIR MARKET VALUE
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt0440794
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SUPPORT MITCHELL TECHNICAL COLLEGE IN PROVIDING STUDENTS THE SKILLS FOR SUCCESS IN TECHNICAL CAREERS. THIS IS DONE THROUGH SCHOLARSHIPS FOR STUDENTS AND ACQUISITIONS OF UPDATED EQUIPMENT AND TOOLS TO ENSURE UPDATED CURRICULUM IN ALL PROGRAMS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1VOLUNTEER BOARD MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM, BASED ON INFORMATION PROVIDED BY MANAGEMENT. UPON COMPLETION MANAGEMENT REVIEWS THE FORM 990 WITH ITS OUTSIDE ACCOUNTANTS, SIGNS, AND SUBMITS THE FORMS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE MADE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0true
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0MITCHELL TECHNICAL COLLEGE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0466001338
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0170B1A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0SD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0EDUCATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01800 E SPRUCE ST
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0MITCHELL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0SD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd057301
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0true
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0true
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0true
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0810045
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0MITCHELL TECHNICAL COLLEGE
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0B
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt04556859
IRS990/TotalAssetsEOYAmt05929006
IRS990/TotalAssetsGrp/BOYAmt04556859
IRS990/TotalAssetsGrp/EOYAmt05929006
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0859125
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0531
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt034850
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0972211
IRS990/TotalFunctionalExpensesGrp/TotalAmt01007592
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04556859
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt05929006
IRS990/TotalProgramServiceExpensesAmt0972211
IRS990/TotalRevenueGrp/ExclusionAmt026800
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt096920
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0982845
IRS990/TotalVolunteersCnt014
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04556859
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05929006
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01800 EAST SPRUCE ST
IRS990/USAddress/CityNm0MITCHELL
IRS990/USAddress/StateAbbreviationCd0SD
IRS990/USAddress/ZIPCd057301
IRS990/VotingMembersGoverningBodyCnt014
IRS990/VotingMembersIndependentCnt014
IRS990/WebsiteAddressTxt0MITCHELLTECH.EDU/FOUNDATION
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JARED HOFER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EX-OFFICIO
ReturnHeader/BusinessOfficerGrp/PhoneNum06059953022
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MITCHELL TECHNICAL COLLEGE

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,929,006
Liabilities
$0
Net assets
$5,929,006
Revenue
$982,845
Expenses
$1,007,592
Net income
-$24,747
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$7.21$0.00$7.21$1.68$1.34$0.34
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.48$0.00$6.48$1.78$1.83$0.05
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.23$0.00$6.23$1.67$1.22$0.45
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.56$0.00$5.56$1.77$1.53$0.24
2021Detailed filing. Detailed filing data is available for this year.$5.93$0.00$5.93$0.98$1.01$0.02
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.56$0.00$4.56$2.17$2.40$0.23
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.02$0.39$4.63$1.65$1.25$0.40
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.34$0.15$4.19$1.64$1.67$0.04
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.20$0.07$4.13$1.08$0.98$0.10
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.80$0.06$3.74$1.25$1.09$0.16
2015Detailed filing. Detailed filing data is available for this year.$3.64$0.00$3.64$3.00$1.19$1.80
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.90$0.00$1.90$1.50$1.07$0.43
2013Summary only. Only limited summary data is available for this year.$1.36$0.00$1.36$1.31$0.95$0.36
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.94$0.00$0.94$0.45
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.94$0.00$0.94$0.23