Liabilities / Assets
93rd percentile
Higher debt load relative to assets than 93% of similar nonprofits.
Softec Education Inc.
990EZ • Fiscal year 2018 • EIN 82-2164004
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.84x
Liabilities / Revenue
97th percentile
Higher debt load relative to revenue than 97% of similar nonprofits.
Net Margin
86th percentile
Higher net margin than 86% of similar nonprofits.
Top Officer Pay
76th percentile
Higher top officer pay than 76% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
$139,461
No earlier filing loaded for comparison.
Net Assets
$21,833
No earlier filing loaded for comparison.
Liabilities
$117,628
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
$62,029
No earlier filing loaded for comparison.
Expenses
$40,196
No earlier filing loaded for comparison.
Net Income
$21,833
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2018 to Dec 31, 2018
- Signed
- May 15, 2019
- Return Version
- 2018v3.1
- Gross Receipts
- $62,029
Mission and Program Overview
Mission
Softec education, inc's mission is to provide a coordinated and collaborative educational training center pregram in the economically depressed northern counties, specifically burnett and the surrounding counties, of the state of wisconsin, to primarily unemployed and underemployed individuals.
Softec education, inc's purpose is to provide a coordinated and collaborative educational training center pregram in the economically depressed northern counties, specifically burnett and the surrounding counties, of the state of wisconsin, to primarily unemployed and underemployed individuals.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| VIRTUAL REALITY TRAINING ON HEAVY EQUIPMENT, CNC MACHINE & INDUSTRIAL WELDING SIMULATORS TO TEACH AND DEVELOP SKILLS NEEDED TO OPERATE SAID EQUIPMENT SAFELY AND EFFECTIVELY IN A MUCH SMALLER AMOUNT OF TIME TYPICALLY REQUIRED IN A CLASSROOM CURRICULUM. | - | $29,313 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| TREVOR SWANSON | Officer | - | $0 | - | - |
| BJ WILLIAMS | Officer | - | $0 | - | - |
| RONDA THOMPSON | Officer | - | $0 | - | - |
| BRUCE ALLEN | Director | - | $0 | - | - |
| GENE STANCHFIELD | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Softec Education Inc
- EIN
- 82-2164004
- Phone
- 7153497545
- Address
- PO BOX 451, SIREN, WI 54872
Signing Officer
- Name
- Trevor Swanson
- Title
- Officer
- Phone
- 7154858606
- Signed
- 2019-05-15
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Adler Cpas & Advisors
- Address
- 1706 YORK ST STE 8, BLOOMER, WI 54724-1921
- Preparer
- David Adler
- Phone
- 7155685189
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses website development & hosting 2,216 student gift cards 1,000 printing & publication 805 office 2,640 interest 4,756 building insurance 1,660 property taxes -375 miscellaneous 18 non-investment depreciation 191 total 12,911”
Form 990-ez, Part II, Line 24
“Laptop 0 400 less accumulated depreciation 0 80 laptop 0 949 less accumulated depreciation 0 111 total 0 1,158”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 0 261 unsecured notes and loans payable 0 117,367”
Form 990-ez, Part III
“Softec education, inc's purpose is to provide a coordinated and collaborative educational training center pregram in the economically depressed northern counties, specifically burnett and the surrounding counties, of the state of wisconsin, to primarily unemployed and underemployed individuals.”
Form 990-ez, Part III, Line 28
“Virtual reality training on heavy equipment, cnc machine & industrial welding simulators to teach and develop skills needed to operate said equipment safely and effectively in a much smaller amount of time typically required in a classroom curriculum.”
Raw XML Appendix136 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | SOFTEC EDUCATION INC |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 7153497545 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 25070 HWY 35 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | SIREN |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | WI |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 54872 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 1713 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 57404 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 21833 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 22335 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 139461 |
| IRS990EZ/GrossReceiptsAmt | 0 | 62029 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InitialReturnInd | 0 | X |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 136590 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 21833 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 21833 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 4950 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | TREVOR SWANSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | BJ WILLIAMS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | RONDA THOMPSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | BRUCE ALLEN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | GENE STANCHFIELD |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | OFFICER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | OFFICER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | OFFICER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 1158 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 12911 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | SOFTEC EDUCATION, INC'S PURPOSE IS TO PROVIDE A COORDINATED AND COLLABORATIVE EDUCATIONAL TRAINING CENTER PREGRAM IN THE ECONOMICALLY DEPRESSED NORTHERN COUNTIES, SPECIFICALLY BURNETT AND THE SURROUNDING COUNTIES, OF THE STATE OF WISCONSIN, TO PRIMARILY UNEMPLOYED AND UNDEREMPLOYED INDIVIDUALS. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 4625 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | VIRTUAL REALITY TRAINING ON HEAVY EQUIPMENT, CNC MACHINE & INDUSTRIAL WELDING SIMULATORS TO TEACH AND DEVELOP SKILLS NEEDED TO OPERATE SAID EQUIPMENT SAFELY AND EFFECTIVELY IN A MUCH SMALLER AMOUNT OF TIME TYPICALLY REQUIRED IN A CLASSROOM CURRICULUM. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 29313 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 117628 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 40196 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 29313 |
| IRS990EZ/TotalRevenueAmt | 0 | 62029 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.SOFTECEDUCATION.ORG |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 57404 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 57404 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 4625 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 57404 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 57404 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 57404 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 57404 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES WEBSITE DEVELOPMENT & HOSTING 2,216 STUDENT GIFT CARDS 1,000 PRINTING & PUBLICATION 805 OFFICE 2,640 INTEREST 4,756 BUILDING INSURANCE 1,660 PROPERTY TAXES -375 MISCELLANEOUS 18 NON-INVESTMENT DEPRECIATION 191 TOTAL 12,911 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | LAPTOP 0 400 LESS ACCUMULATED DEPRECIATION 0 80 LAPTOP 0 949 LESS ACCUMULATED DEPRECIATION 0 111 TOTAL 0 1,158 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 261 UNSECURED NOTES AND LOANS PAYABLE 0 117,367 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | SOFTEC EDUCATION, INC'S PURPOSE IS TO PROVIDE A COORDINATED AND COLLABORATIVE EDUCATIONAL TRAINING CENTER PREGRAM IN THE ECONOMICALLY DEPRESSED NORTHERN COUNTIES, SPECIFICALLY BURNETT AND THE SURROUNDING COUNTIES, OF THE STATE OF WISCONSIN, TO PRIMARILY UNEMPLOYED AND UNDEREMPLOYED INDIVIDUALS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | VIRTUAL REALITY TRAINING ON HEAVY EQUIPMENT, CNC MACHINE & INDUSTRIAL WELDING SIMULATORS TO TEACH AND DEVELOP SKILLS NEEDED TO OPERATE SAID EQUIPMENT SAFELY AND EFFECTIVELY IN A MUCH SMALLER AMOUNT OF TIME TYPICALLY REQUIRED IN A CLASSROOM CURRICULUM. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III, LINE 28 |
| ReturnHeader/BuildTS | 0 | 2019-02-21 02:37:17Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | TREVOR SWANSON |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | OFFICER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7154858606 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2019-05-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | SOFTEC EDUCATION INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | SOFT |
| ReturnHeader/Filer/EIN | 0 | 822164004 |
| ReturnHeader/Filer/PhoneNum | 0 | 7153497545 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 451 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | SIREN |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | WI |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 54872 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 3565500EFE0E12C828E4920A7D34D748F0F4701F |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | E96CF2F376AB501504BAB91C3402C62AD03CC51E |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 68.65.40.249 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2019-05-14 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CD |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 13:04:12 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 461661225 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | ADLER CPAS & ADVISORS |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1706 YORK ST STE 8 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | BLOOMER |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | WI |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 547241921 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7155685189 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2019-05-14 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | DAVID ADLER |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2019-05-14T13:04:12-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2018-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2018-12-31 |
| ReturnHeader/TaxYr | 0 | 2018 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $139,461
- Liabilities
- $117,628
- Net assets
- $21,833
- Revenue
- $62,029
- Expenses
- $40,196
- Net income
- $21,833