Civic Intelligence

Perry Technical Foundation

990 • Fiscal year 2014 • EIN 94-3188041

Jul 01, 2013 to Jun 30, 2014 • Filed on Nov 14, 2014

2011 W Washington98903

(509) 453-0374

Siviq Scores

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

Liabilities / Assets

8th percentile

0.00x

Higher debt load relative to assets than 8% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Liabilities / Revenue

9th percentile

0.01x

Higher debt load relative to revenue than 9% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Net Margin

96th percentile

75%

Higher net margin than 96% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Top Officer Pay

20th percentile

$91,134

Higher top officer pay than 20% of similar nonprofits.

Top officer pay equals 4.1% of source-year revenue.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Asset Growth

89th percentile

26%

Faster asset growth than 89% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Up

$11,180,454

Up $2,293,834 (+26%) from 2013

Net Assets

Up

$11,149,229

Up $2,290,934 (+26%) from 2013

Liabilities

Up

$31,225

Up $2,900 (+10%) from 2013

Revenue

$2,214,513

No earlier filing loaded for comparison.

Expenses

Down

$543,197

Down $68,665 (-11%) from 2013

Net Income

$1,671,316

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2011: $7,398,039Liabilities 2011: $16,665Net Assets 2011: $7,381,3742011Assets 2012: $7,204,261Liabilities 2012: $15,166Net Assets 2012: $7,189,0952012Assets 2013: $8,886,620Liabilities 2013: $28,325Net Assets 2013: $8,858,2952013Assets 2014: $11,180,454Liabilities 2014: $31,225Net Assets 2014: $11,149,2292014Assets 2015: $9,308,833Liabilities 2015: $18,198Net Assets 2015: $9,290,6352015Assets 2016: $8,626,656Liabilities 2016: $20,690Net Assets 2016: $8,605,9662016Assets 2017: $8,715,648Liabilities 2017: $37,756Net Assets 2017: $8,677,8922017Assets 2018: $9,085,748Liabilities 2018: $59,010Net Assets 2018: $9,026,7382018Assets 2019: $9,351,064Liabilities 2019: $174,829Net Assets 2019: $9,176,2352019Assets 2020: $9,381,127Liabilities 2020: $135,079Net Assets 2020: $9,246,0482020Assets 2021: $11,080,320Liabilities 2021: $154,290Net Assets 2021: $10,926,0302021Assets 2022: $10,038,407Liabilities 2022: $164,884Net Assets 2022: $9,873,5232022Assets 2023: $10,994,168Liabilities 2023: $589,042Net Assets 2023: $10,405,1262023Assets 2024: $11,402,765Liabilities 2024: $142,833Net Assets 2024: $11,259,9322024Assets 2025: $14,965,011Liabilities 2025: $120,618Net Assets 2025: $14,844,3932025

Highlighted filing

2014

Assets$11,180,454
Liabilities$31,225
Net Assets$11,149,229

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $603,3472011Expenses 2012: $599,4992012Expenses 2013: $611,8622013Revenue 2014: $2,214,513Expenses 2014: $543,197Net Income 2014: $1,671,3162014Revenue 2015: $2,340,702Expenses 2015: $542,262Net Income 2015: $1,798,4402015Revenue 2016: $2,402,502Expenses 2016: $479,546Net Income 2016: $1,922,9562016Revenue 2017: $987,475Expenses 2017: $599,861Net Income 2017: $387,6142017Revenue 2018: $1,168,803Expenses 2018: $890,190Net Income 2018: $278,6132018Revenue 2019: $765,560Expenses 2019: $808,370Net Income 2019: -$42,8102019Revenue 2020: $1,111,862Expenses 2020: $845,603Net Income 2020: $266,2592020Revenue 2021: $1,058,741Expenses 2021: $934,719Net Income 2021: $124,0222021Revenue 2022: $1,919,327Expenses 2022: $1,444,347Net Income 2022: $474,9802022Revenue 2023: $1,844,180Expenses 2023: $1,743,895Net Income 2023: $100,2852023Revenue 2024: $1,202,602Expenses 2024: $1,129,137Net Income 2024: $73,4652024Revenue 2025: $4,023,354Expenses 2025: $1,231,387Net Income 2025: $2,791,9672025

Highlighted filing

2014

Revenue$2,214,513
Expenses$543,197
Net Income$1,671,316
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Nov 14, 2014
Return Version
2013v3.0
Gross Receipts
$2,214,513
Mission and Program Overview

Mission

The foundation exists for the purpose of raising funds to assure the long term stability and existence of perry technical institute.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$8,248,660$10,641,450▲ $2,392,790
Other Notes and Loans Receivable, Net$478,760$466,936▼ $11,824
Savings and Temporary Cash Investments$32,010$24,167▼ $7,843
Total Assets$8,886,620$11,180,454▲ $2,293,834
Other Assets Total$127,190$47,901▼ $79,289
Liabilities
Other Liabilities$28,307$28,638▲ $331
Accounts Payable and Accrued Expenses$18$2,587▲ $2,569
Total Liabilities$28,325$31,225▲ $2,900
Net Assets / Fund Balance
Permanently Rstr Net Assets$5,645,033$5,645,033→ $0
Temporarily Rstr Net Assets$3,305,709$5,487,560▲ $2,181,851
Unrestricted Net Assets$-92,447$16,636▲ $109,083
Total Net Assets Fund Balance$8,858,295$11,149,229▲ $2,290,934
Total Liabilities and Net Assets / Fund Balance$8,886,620$11,180,454▲ $2,293,834

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$6,373,751-▲ $760,330-$6,788,881
2012$6,112,481-▲ $527,446-$6,373,751
2011$6,308,742$521▲ $107,743-$6,112,481
2010$5,811,894$182▲ $779,151-$6,308,742
2009$5,437,686$2,593▲ $496,266-$5,811,894
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Erin FishburnSecretaryFT$79,769$11,365$91,134

Board Members and Trustees

NameTitle
Christine CotePresident
Pat SundquistVice President
David GonzalesDirector
Don CarrellDirector
Gary PriceDirector
Jake JundtDirector
Jon DurandDirector
Julie ValdezDirector
Larry KraftDirector
Lowell SakDirector
Robert Dipietro JrDirector
Sally DouglasDirector
Trent MarquisDirector
Tracy StofferTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,833,968
Program Service Revenue
$0
Investment Income
$380,545
Other Revenue
$0
All Other Contributions
$1,833,968
Change in Net Assets
$1,671,316
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$365,757
Total Fundraising Expense$177,440
Salaries, Compensation, and Employee Benefits$117,904
Other Expenses$59,536
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$365,757--$365,757
Current Officers, Directors, Trustees, and Key Employees--$91,134$91,134
Other Salaries and Wages--$16,984$16,984
Fees for Service Investment Mgmnt Fees--$13,132$13,132
Office Expenses--$12,257$12,257
Payroll Taxes--$7,578$7,578
Travel--$2,486$2,486
Other Employee Benefits--$2,208$2,208
Other Expenses--$438$438
Advertising--$334$334
Total Functional Expenses$365,757$0$177,440$543,197
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Related Party Payables$28,638
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The organization has one member, harriet i. Perry trust, who retains all voting rights.

Form 990, Part VI, Section A, Line 7A

Harriet i. Perry trust can elect new board members when the number of board members increases in size.

Form 990, Part VI, Section B, Line 11

The 990 was reviewed and approved by the board of trustees of j.m. Perry institute of trades industries and agriculture who oversee the operations of the foundation.

Form 990, Part VI, Section B, Line 12C

The conflict of interest policy is communicated through the employee handbook on an annual basis. The president goes through the policy with the office staff and department heads annually when the handbook is updated. The board of directors for the foundation also have a conflict of interest policy that is reviewed and signed by the board and is updated annually.

Form 990, Part VI, Section B, Line 15A

The organization uses the washington state and federal wage databases, as well as the public information on wages from state colleges, to determine the appropriate wage level of the management official.

Form 990, Part VI, Section C, Line 19

The organization makes it's governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

EIN
94-3188041
Phone
5094530374

Signing Officer

Name
Christine Cote
Title
President
Phone
5094530374
Signed
2014-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christine Cote
Formed
1993
Legal Domicile
Wa
Voting Board Members
15
Independent Board Members
12
Employees
1
Volunteers
0

Preparer

Preparer
Barry Warner
Phone
5095751065
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Included in other changes in net assets are transfers and operating expenses paid by j.m. Perry institute of trades industries and agriculture, a related party and beneficiary organization. Transfers and reimbursements include: office supplies 7,471 printing 1,812 small equipment 438 postage 2,973 dues & subscriptions 5,325 utilities 714 professional services 649 miscellaneous 399 promotional expense 334 travel & entertainment 2,486 training expenses 460 salaries 96,753 payroll expenses 7,579 employee benefits 13,574 foundation transfers -6,252 equipment transfers -64,165 total $70,550

FORM 990, PART XI, LINE 9:

Transfers from j.m. Perry institue of trades industries and agriculture-net 70,550.

Form 990, Part XII, Line 2C.

The organization made no changes to the oversight process or selection process during the year.

Financial Statement Notes

PART X, LINE 2:

Accounting principles generally accepted in the united states of america require management to evaluate tax positions taken by the trust and foundation, and recognize a tax liability (or asset) if the trust and foundation have taken an uncertain position that more likely than not would not be sustained upon examination by taxing authorities. Management has analyzed the tax positions taken by the trust and foundation, and has concluded that as of june 30, 2014 and 2013, there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The trust and foundation are subject to audits by taxing authorities; however, there are currently no audits for any periods in progress. Management believes the trust and foundation are no longer subject to u.s. Federal, state, and local income tax examinations by tax authorities for years ending prior to june 30, 2011.

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IRS990/MissionDesc0THE FOUNDATION EXISTS FOR THE PURPOSE OF RAISING FUNDS TO ASSURE THE LONG TERM STABILITY AND EXISTENCE OF PERRY TECHNICAL INSTITUTE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt08858295
IRS990/NetAssetsOrFundBalancesEOYAmt011149229
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0549068
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt012257
IRS990/OfficeExpensesGrp/TotalAmt012257
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0127190
IRS990/OtherAssetsTotalGrp/EOYAmt047901
IRS990/OtherChangesInNetAssetsAmt070550
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt02208
IRS990/OtherEmployeeBenefitsGrp/TotalAmt02208
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc1DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc2TELEPHONE
IRS990/OtherExpensesGrp/Desc3SMALL EQUIPMENT/TOOLS
IRS990/OtherExpensesGrp/FundraisingAmt024850
IRS990/OtherExpensesGrp/FundraisingAmt15325
IRS990/OtherExpensesGrp/FundraisingAmt2714
IRS990/OtherExpensesGrp/FundraisingAmt3438
IRS990/OtherExpensesGrp/TotalAmt024850
IRS990/OtherExpensesGrp/TotalAmt15325
IRS990/OtherExpensesGrp/TotalAmt2714
IRS990/OtherExpensesGrp/TotalAmt3438
IRS990/OtherLiabilitiesGrp/BOYAmt028307
IRS990/OtherLiabilitiesGrp/EOYAmt028638
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt016984
IRS990/OtherSalariesAndWagesGrp/TotalAmt016984
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0478760
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0466936
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt07578
IRS990/PayrollTaxesGrp/TotalAmt07578
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt05645033
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt05645033
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0CHRISTINE COTE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0THE PERRY TECHNICAL FOUNDATION ASSISTS WITH EDUCATIONAL PROGRAMS AT PERRY TECHNICAL INSTITUTE THROUGH EQUIPMENT PURCHASES AND CAPITAL IMPROVEMENTS. DURING THE 13-14 FISCAL YEAR, $94,616 IN EQUIPMENT FUNDS WERE DISBURSED. THE EQUIPMENT PURCHASES HELP ENSURE THAT PERRY TECHNICAL INSTITUTE STUDENTS ARE RECEIVING TRAINING ON HIGH QUALITY EQUIPMENT SIMILAR TO WHAT THEY WILL EXPERIENCE IN INDUSTRY. CAPITAL FUNDS SUPPORT THE GROWTH OF PERRY TECHNICAL INSTITUTE. IN 2013-2014 FUNDS WERE RAISED TO ESTABLISH A NEW INSTRUMENTATION AND INDUSTRIAL AUTOMATION FACILITY ON CAMPUS.
IRS990/ProgSrvcAccomActy3Grp/Desc0THE 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 2013-2014 FISCAL YEAR APPROXIMATELY $18,000 IN LOAN FUNDS WERE DISTRIBUTED.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01499430
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0370585
IRS990/PYInvestmentIncomeAmt0314398
IRS990/PYOtherExpensesAmt091549
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt01201966
IRS990/PYSalariesCompEmpBnftPaidAmt0149728
IRS990/PYTotalExpensesAmt0611862
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01813828
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt01671316
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0380545
IRS990/SavingsAndTempCashInvstGrp/BOYAmt032010
IRS990/SavingsAndTempCashInvstGrp/EOYAmt024167
IRS990ScheduleA/CertificationInd0X
IRS990ScheduleA/Contribution35ControlledInd00
IRS990ScheduleA/ContributionControllerInd00
IRS990ScheduleA/ContributionFamilyInd00
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0910570848
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeDesc02
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt064165
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine10PERRY TECHNICAL INSTITUTE
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrgNotifiedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/USOrganizedInd01
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType2Ind0X
IRS990ScheduleA/SupportSumAmt064165
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/ScheduleBRequiredInd01
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt012578
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt06373751
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt06788881
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0332622
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0760330
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt019989
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt06112481
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt06373751
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0246187
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0527446
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt051118
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt06308742
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0521
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt06112481
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0253407
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0107743
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt024415
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt05811894
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0182
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt06308742
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0258070
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0779151
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt024651
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt05437686
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt02593
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt05811894
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0100000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0496266
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt028638
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0RELATED PARTY PAYABLES
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.83150
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE TRUST AND FOUNDATION, AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE TRUST AND FOUNDATION HAVE TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE TRUST AND FOUNDATION, AND HAS CONCLUDED THAT AS OF JUNE 30, 2014 AND 2013, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE TRUST AND FOUNDATION ARE SUBJECT TO AUDITS BY TAXING AUTHORITIES; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY PERIODS IN PROGRESS. MANAGEMENT BELIEVES THE TRUST AND FOUNDATION ARE NO LONGER SUBJECT TO U.S. FEDERAL, STATE, AND LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS ENDING PRIOR TO JUNE 30, 2011.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.16850
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt028638
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0365757
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS FOR TUITION AND FEES
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0544
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS ONE MEMBER, HARRIET I. PERRY TRUST, WHO RETAINS ALL VOTING RIGHTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1HARRIET I. PERRY TRUST CAN ELECT NEW BOARD MEMBERS WHEN THE NUMBER OF BOARD MEMBERS INCREASES IN SIZE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE 990 WAS REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES OF J.M. PERRY INSTITUTE OF TRADES INDUSTRIES AND AGRICULTURE WHO OVERSEE THE OPERATIONS OF THE FOUNDATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CONFLICT OF INTEREST POLICY IS COMMUNICATED THROUGH THE EMPLOYEE HANDBOOK ON AN ANNUAL BASIS. THE PRESIDENT GOES THROUGH THE POLICY WITH THE OFFICE STAFF AND DEPARTMENT HEADS ANNUALLY WHEN THE HANDBOOK IS UPDATED. THE BOARD OF DIRECTORS FOR THE FOUNDATION ALSO HAVE A CONFLICT OF INTEREST POLICY THAT IS REVIEWED AND SIGNED BY THE BOARD AND IS UPDATED ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION USES THE WASHINGTON STATE AND FEDERAL WAGE DATABASES, AS WELL AS THE PUBLIC INFORMATION ON WAGES FROM STATE COLLEGES, TO DETERMINE THE APPROPRIATE WAGE LEVEL OF THE MANAGEMENT OFFICIAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MAKES IT'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6INCLUDED IN OTHER CHANGES IN NET ASSETS ARE TRANSFERS AND OPERATING EXPENSES PAID BY J.M. PERRY INSTITUTE OF TRADES INDUSTRIES AND AGRICULTURE, A RELATED PARTY AND BENEFICIARY ORGANIZATION. TRANSFERS AND REIMBURSEMENTS INCLUDE: OFFICE SUPPLIES 7,471 PRINTING 1,812 SMALL EQUIPMENT 438 POSTAGE 2,973 DUES & SUBSCRIPTIONS 5,325 UTILITIES 714 PROFESSIONAL SERVICES 649 MISCELLANEOUS 399 PROMOTIONAL EXPENSE 334 TRAVEL & ENTERTAINMENT 2,486 TRAINING EXPENSES 460 SALARIES 96,753 PAYROLL EXPENSES 7,579 EMPLOYEE BENEFITS 13,574 FOUNDATION TRANSFERS -6,252 EQUIPMENT TRANSFERS -64,165 TOTAL $70,550
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7TRANSFERS FROM J.M. PERRY INSTITUE OF TRADES INDUSTRIES AND AGRICULTURE-NET 70,550.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE ORGANIZATION MADE NO CHANGES TO THE OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XII, LINE 2C.
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine10JM PERRY INSTITUTE OF TRADES INDUSTRIES AND AGRICULTURE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0910570848
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0WA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0TRADE SCHOOL OFFERING VOCATIONAL PROGRAMS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0170(B)(1) (A)(II)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine102011 W WASHINGTON AVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City0YAKIMA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State0WA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode098903
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$15.0$0.12$14.8$4.02$1.23$2.79
2024Detailed filing. Detailed filing data is available for this year.$11.4$0.14$11.3$1.20$1.13$0.07
2023Detailed filing. Detailed filing data is available for this year.$11.0$0.59$10.4$1.84$1.74$0.10
2022Detailed filing. Detailed filing data is available for this year.$10.0$0.16$9.87$1.92$1.44$0.47
2021Detailed filing. Detailed filing data is available for this year.$11.1$0.15$10.9$1.06$0.93$0.12
2020Detailed filing. Detailed filing data is available for this year.$9.38$0.14$9.25$1.11$0.85$0.27
2019Detailed filing. Detailed filing data is available for this year.$9.35$0.17$9.18$0.77$0.81$0.04
2018Detailed filing. Detailed filing data is available for this year.$9.09$0.06$9.03$1.17$0.89$0.28
2017Detailed filing. Detailed filing data is available for this year.$8.72$0.04$8.68$0.99$0.60$0.39
2016Detailed filing. Detailed filing data is available for this year.$8.63$0.02$8.61$2.40$0.48$1.92
2015Detailed filing. Detailed filing data is available for this year.$9.31$0.02$9.29$2.34$0.54$1.80
2014Detailed filing. Detailed filing data is available for this year.$11.2$0.03$11.1$2.21$0.54$1.67
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.89$0.03$8.86$0.61
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.20$0.02$7.19$0.60
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.40$0.02$7.38$0.60