United States Tec Education Center Inc Ustec
92% goes to programs $3 to raise $100 Declining revenue
United States Tec Education Center Inc Ustec is a 501(c)(3) organization based in San Jose, California, registered in 2015, with $20,370 in FY2018 revenue. CharityIndex grades it C, and it directs about 92% of spending to programs.
1832 Stone Ave, San Jose, CA, 95125 EIN 36-4791069 Since 2015
Revenue (FY2018)
$20K
▼ 77.3% vs prior year
Education median: $200K
Expenses (FY2018)
$256K
Net assets
$105K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →A+Program efficiency40% of the rating92% to programs · $3 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For United States Tec Education Center Inc Ustec: 92% to programs · $3 to raise $100 earns a A+ on this criterion. See the exact thresholds →
FFinancial health25% of the rating5 mo reserves · -1157% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For United States Tec Education Center Inc Ustec: 5 mo reserves · -1157% margin earns a F on this criterion. See the exact thresholds →
C+Governance25% of the rating3 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For United States Tec Education Center Inc Ustec: 3 of 6 checks met earns a C+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For United States Tec Education Center Inc Ustec: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
The ustec is a california-based 501(c)(3) non-profit dedicated to increasing and diversifying the stem pipeline by providing rapid workforce-based training and employment assistance to underserved communities.
What they do
Rapid workforce developement cad training for veterans. training program includes technical training, written and oral communication, professional guidance, and business skills.
Contact & location
- Address
- 1832 Stone Ave, San Jose, CA, 95125
- City
- San Jose
- State
- California
- Category
- Education
- Subcategory
- Vocational & Technical Schools
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $108.6M (FY2016) to $20K (FY2018) across 3 reported years.
Financial snapshot
Financial health & position (FY2018)
Operating margin
-1157.2%
Spent more than it raised in the latest fiscal year.
Total assets
$105K
Net assets
$105K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2018 | $20,370▼77.3% | $256,090▼22.0% | $104,847▼69.2% | $104,847▼69.2% | 990EZ |
| 2017 | $89,705▼99.9% | $328,516▼98.5% | $340,567▼99.6% | $340,714▼99.6% | 990 |
| 2016 | $108,625,385 | $21,215,053 | $87,410,332 | $87,410,332 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2018)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Mark Kelly | Treasurer | 20 | — |
| Michael Richter | Director | 20 | — |
| Nathan Iyer | Secretary | 20 | — |
| Stephen M Samuel | President | 20 | — |
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Frequently asked questions
- Is United States Tec Education Center Inc Ustec a legitimate nonprofit?
- Yes. United States Tec Education Center Inc Ustec is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 36-4791069, based in San Jose, California. Donations are tax-deductible.
- What is United States Tec Education Center Inc Ustec's EIN?
- United States Tec Education Center Inc Ustec's Employer Identification Number (EIN) is 36-4791069.
- How much revenue does United States Tec Education Center Inc Ustec report?
- United States Tec Education Center Inc Ustec reported $20,370 in total revenue on its fiscal year 2018 IRS Form 990 filing.
- How much of United States Tec Education Center Inc Ustec's spending goes to programs?
- United States Tec Education Center Inc Ustec spends about 92% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does United States Tec Education Center Inc Ustec have?
- CharityIndex grades United States Tec Education Center Inc Ustec C, based on program efficiency and fundraising cost.
- How much does United States Tec Education Center Inc Ustec's highest-paid employee make?
- The highest reported compensation on United States Tec Education Center Inc Ustec's latest Form 990 is $0, paid to Mark Kelly (Treasurer).
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Data for United States Tec Education Center Inc Ustec (EIN 36-4791069) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.