Overview

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Est.

2018

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

SOFTEC EDUCATION INC, identified by EIN 82-2164004, is a nonprofit organization focused on providing vocational education in economically depressed areas of northern Wisconsin, particularly Burnett County and its surroundings. With an operating budget of $51.3K and total revenue of $48.6K for the filing year 2024, the organization aims to support primarily unemployed and underemployed individuals through a coordinated educational training program. Notably, SOFTEC EDUCATION relies on a significant funding source, with one unknown funder contributing $4.9M, which constitutes a substantial portion of its revenue. For more information, visit their website at www.softeceducation.org.

Mission Statement

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.
Revenues
$48.6K
Expenses
$51.3K
Net Income:
-$2.7K
Assets
$128.1K
Liabilities
$94.2K
Net Assets:
+$33.9K
Operating Budget
$51.3K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$47.5K
Largest grant received
$47.5K
J
Joni Anderson
Board Member
G
Gloria Meyer
Board Member
B
Bill O'NIELL
Board Member

Frequently Asked Questions

What is SOFTEC EDUCATION INC’s budget?
In 2024, SOFTEC EDUCATION INC reported an annual operating budget of around $51 thousand. More detailed financial information is available to registered users.
What causes does SOFTEC EDUCATION INC support?
SOFTEC EDUCATION INC supports work in Vocational education.
Where does SOFTEC EDUCATION INC operate?
SOFTEC EDUCATION INC is headquartered in Siren, WI.
Who funded SOFTEC EDUCATION INC recently?
In 2023, SOFTEC EDUCATION INC received grants from SUNDANCE FAMILY FOUNDATION, SUNDANCE FAMILY FOUNDATION, and SUNDANCE FAMILY FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant SOFTEC EDUCATION INC received in 2023?
The largest grant to SOFTEC EDUCATION INC in 2023 exceeds $48 thousand.
What is SOFTEC EDUCATION INC’s reliance on government grants?
SOFTEC EDUCATION INC relied on government grants for more than 20% of their total revenue in 2024.