2023-11-13T15:04:55-06:00 2022-12-31 390859910 BAKER TILLY US LLP 205 N MICHIGAN AVE 2800 CHICAGO IL 606015927 990 2022-01-01 824863904 COMPTIA TECH CAREER ACADEMY COMP 6306788300 3500 LACEY ROAD SUITE 100 DOWNERS GROVE IL 60515 BRIAN LAFFEY CFO 6306788300 2023-10-26 1 BRIAN LAFFEY 999009999 0 MARK HEROUX P00959793 3127298000 2023-10-24 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z TODD THIBODEAUX 3500 LACEY RD SUITE 100 DOWNERS GROVE IL 60515 11883037 0 X WWW.COMPTIATECH.ORG X 2018 DC CTCA STUDIES THE INTERSECTION OF TECHNOLOGY AND WORKFORCE, AND LEVERAGES THOSE INSIGHTS (SEE SCH O) TO PRODUCE DATA-DRIVEN, SMART SOLUTIONS, POLICIES, AND METHODOLOGIES TO ENSURE A PRODUCTIVE, VIABLE, AND EQUITABLE 21ST CENTURY. CTCA LOOKS AT NEW TECHNOLOGY JOB CREATION TRENDS FOR BOTH DEGREE AND NON-DEGREE WORKERS; EXPLORES HOW NEW TECHNOLOGIES MIGHT BE CREATING EFFICIENCIES AND OPENING UP OPPORTUNITIES FOR EXISTING WORKERS; AND WHAT FISCAL AND SOCIAL POLICIES ARE NEEDED TO BOTH FACILITATE AND EASE THE TRANSITION FROM TRADITIONAL BLUE COLLAR JOBS TO "NEW COLLAR" JOBS. 5 1 70 5 0 0 2635742 8278525 2789139 3604512 0 0 0 0 5424881 11883037 0 0 0 0 4773910 7630647 0 0 0 2214461 3804276 6988371 11434923 -1563490 448114 2728852 7433156 3672451 7544843 -943599 -111687 X COMPTIA TECH CAREER ACADEMY'S MISSION IS TO UNLOCK PEOPLE'S POTENTIAL BY HELPING THEM LAUNCH AND GROW THEIR CAREERS IN INFORMATION TECHNOLOGY. AS A NON-PROFIT, WE TRAIN AND PREPARE ADULTS FOR CERTIFICATION AND SUCCESS IN IT JOBS TO ADDRESS AN (SEE SCH O) INDUSTRY SHORTAGE OF SKILLED IT PROFESSIONALS, A SHORTAGE NOTED BY THE NATIONAL SCIENCE FOUNDATION. OUR SOLE MOTIVATION IS TO HELP STUDENTS LAND AND THRIVE IN IT JOBS IN ORDER TO GROW THE TECH WORKFORCE. COMPTIA TECH CAREER ACADEMY IS A NONPROFIT SUBSIDIARY OF CREATING IT FUTURES FOUNDATION, A 501(C)3 CHARITABLE ORGANIZATION. CREATING IT FUTURES, IN TURN, IS A SUBSIDIARY OF THE NONPROFIT, INTERNATIONAL TECH TRADE ASSOCIATION, COMPTIA, HEADQUARTERED IN DOWNERS GROVE, ILLINOIS. 0 0 9502905 3604512 AT COMPTIA TECH CAREER ACADEMY, OUR GOAL IS TO HELP YOU LAND, AND SUCCEED IN, AN IT JOB. WE TRAIN STUDENTS WITH LITTLE-TO-NO INFORMATION TECHNOLOGY EXPERIENCE AND GIVE YOU THE TECHNICAL AND SOFT SKILLS TO LAUNCH YOUR CAREER. 9502905 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 33 0 1 70 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 1 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 CA DC IL MD MN NC NJ OR X BRIAN LAFFEY CFO 6306788300 3500 LACEY ROAD SUITE 100 DOWNERS GROVE IL 60515 TODD THIBODEAUX CHAIRMAN, DIRECTOR 1.00 39.00 X X 0 1554741 32861 CHARLES EATON CEO, DIRECTOR 1.00 39.00 X X 0 380799 32327 BRIAN LAFFEY TREASURER, DIRECTOR 1.00 39.00 X X 0 429043 37394 COURTNEY FONG SECRETARY, DIRECTOR 1.00 39.00 X X 0 592444 33861 JOHN MALANSON DIRECTOR 40.00 0.00 X 0 0 0 JASON MANGOLD DIRECTOR OF BUSINESS DEVEL 40.00 0.00 X 223865 0 29607 NANCY HAMMERVIK CHIEF SOLUTIONS OFFICER 40.00 0.00 X 494832 0 22019 MARK PLUNKETT VP EDUCATION SERVICES & BU 40.00 0.00 X 295182 0 32861 ANN BETKO DIRECTOR OF MARKETING 40.00 0.00 X 172772 0 15689 KATHLEEN BRENNAN SENIOR DIRECTOR OF STUDENT AFFAIRS 40.00 0.00 X 135977 0 23322 1322628 2957027 259941 17 0 1 0 DOWNTOWN ECOMMERCE PARTNERS PO BOX 025723 MIAMI FL 33102 WEB DESIGN 311165 111 SW 5TH AVENUE INVESTORS LLC PO BOX 2150 LOCATION CODE 471 SPOKANE WA 99210 OFFICE RENT 129011 TERRY DACKARD 3324 SW 35TH TERRACE TOPEKA KS 66614 TRAINING 117825 ROBERT HALF TECHNOLOGY 205 N MICHIGAN AVE SUITE 3301 CHICAGO IL 60601 STAFFING 109667 4 8240000 38525 8278525 TRAINING 611420 2880658 2880658 CONTENT 611710 345752 345752 CERTIFICATION 611420 199383 199383 TUITION AND FEES 611420 178719 178719 3604512 11883037 3604512 0 0 1314282 1295609 18673 5077596 3840439 1237157 801581 761678 39903 11835 5655 6180 425353 335026 90327 1111857 806538 305319 37020 34025 2995 22536 12572 9964 282669 269569 13100 14118 3575 10543 419547 229607 189940 -38974 -46726 7752 COST OF TESTS DELIVERED 1003958 1003958 CONSULTING AND OUTSOURC 591353 591353 BAD DEBT 350942 350942 BANK FEES AND OTHER EXP 20667 20606 61 -11417 -11521 104 11434923 9502905 1932018 0 2139487 617880 337158 840212 28152 16086 333046 118295 224055 214751 3625000 0 2119227 2728852 7433156 824840 1887673 1955920 891691 5657170 3672451 7544843 X -943599 -111687 -943599 -111687 2728852 7433156 X 448114 384122 -324 X X 0 1 X 1 0 X 750000 2200000 2763815 2635742 8662647 17012204 750000 2200000 2763815 2635742 8662647 17012204 17012204 17012204 7783935 1.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 272306 118295 154011 60740 60740 214751 RIGHT OF USE ASSET 418220 ASSETS HELD IN ESCROW 2480000 GOODWILL 1218868 SECURITY DEPOSITS 13408 DUE FROM INTERCOMPANY -154682 DUE TO RELATED PARTIES -1856587 2119227 CONTINGENT CONSIDERATION 2356250 LEASE LIABILITY 418521 DEFERRED REVENUE 2746658 OTHER LIABILITIES 135741 5657170 X 12267159 384122 384122 11883037 0 11883037 11434923 0 11434923 0 11434923 PART X, LINE 2: THE ACADEMY FOLLOWS THE ACCOUNTING STANDARDS IN EVALUATING UNCERTAIN TAX POSITIONS. THE GUIDANCE PRESCRIBES RECOGNITION THRESHOLD PRINCIPLES FOR THE FINANCIAL STATEMENT RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. NO LIABILITY HAS BEEN RECOGNIZED BY THE ACADEMY FOR UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2022 AND 2021. THE ACADEMY'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 SCHEDULE E, PART I, LINE 3 COMPTIA TECH CAREER ACADEMY PUBLISHED ITS NON-DISCRIMINATION POLICY IN ITS COURSE CATALOG, WHICH IS A DOCUMENT THAT WAS AVAILABLE ON ITS WEBSITE. ADDITIONALLY, ALL STUDENTS RECEIVED A COPY OF THE COURSE CATALOG AT THEIR TIME OF ENROLLMENT INTO COMPTIA TECH CAREER ACADEMY. 1 X X X X X X 0 0 0 0 0 0 0 0 0 TODD THIBODEAUX CHAIRMAN, DIRECTOR 0 842634 0 598500 0 113607 0 18300 0 14561 0 1587602 0 0 COURTNEY FONG SECRETARY, DIRECTOR 0 371692 0 198442 0 22310 0 18300 0 15561 0 626305 0 0 NANCY HAMMERVIK CHIEF SOLUTIONS OFFICER 351043 0 121800 0 21989 0 7258 0 14761 0 516851 0 0 0 BRIAN LAFFEY TREASURER, DIRECTOR 0 269707 0 126000 0 33336 0 16333 0 21061 0 466437 0 0 CHARLES EATON CEO, DIRECTOR 0 225282 0 126000 0 29517 0 14916 0 17411 0 413126 0 0 MARK PLUNKETT VP EDUCATION SERVICES & BU 218209 0 54600 0 22373 0 18300 0 14561 0 328043 0 0 0 JASON MANGOLD DIRECTOR OF BUSINESS DEVEL 208003 0 0 0 15862 0 15046 0 14561 0 253472 0 0 0 ANN BETKO DIRECTOR OF MARKETING 126584 0 29340 0 16848 0 1128 0 14561 0 188461 0 0 0 KATHLEEN BRENNAN SENIOR DIRECTOR OF STUDENT AFFAIRS 75352 0 31060 0 29565 0 7561 0 15761 0 159299 0 0 0 PART I, LINE 3 DIRECTOR, TREASURER, SECRETARY AND PRESIDENT SALARY: TODD THIBODEAUX'S (DIRECTOR), BRIAN LAFFEY'S (TREASURER), COURTNEY FONG'S (SECRETARY) AND CHARLES EATON'S (CEO) SALARIES AND BENEFITS ARE 100% PAID BY THE COMPUTING TECHNOLOGY INDUSTRY ASSOCIATION, INC. AN AFFILIATED COMPANY OF COMPTIA TECH CAREER ACADEMY ('ACADEMY'). NO MONIES COLLECTED BY COMPTIA TECH CAREER ACADEMY ARE USED TO PAY THESE SALARIES OR BENEFITS. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS RECEIVES COPIES OF FORM 990 AND REVIEWS THE 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C CTCA HAS A CONFLICT OF INTEREST POLICY FOR BOTH THE BOARD OF DIRECTORS AND EMPLOYEES. THE BOARD AND EMPLOYEES ARE ASKED TO SIGN CONFLICT OF INTEREST DOCUMENTS. THE FOUNDATION'S CHIEF LEGAL OFFICER AND THE COMPTIA AUDIT AND INVESTMENT COMMITTEE MONITORS COMPLIANCE OF THE POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS DETERMINES THE SALARY FOR THE PRESIDENT. THE COMPENSATION REVIEW IS DONE ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING, CONFLICT OF INTEREST, AND FINANCIAL DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: ASSET DISPOSAL AND SETTLEMENT PAYMENT -324. FORM 990, PART XII, LINE 2C: THE ORGANIZATION NEITHER CHANGED ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. PART III COMPTIA TECH CAREER ACADEMY RECEIVED RECLASSIFICATION FROM 509(A)(1) AND 170(B)(1)(A)(VI) TO A 509(A)(1) AND 170(B)(1)(A)(II) ON APRIL 26, 2022. WE HAVE ADJUSTED SCHEDULE A TO IDENTIFY COMPTIA TECH CAREER ACADEMY AS A SCHOOL IN ACCORDANCE WITH THE REVISED CLASSIFICATION. COMPUTING TECHNOLOGY INDUSTRY ASSOC 3500 LACEY ROAD SUITE 100 DOWNERS GROVE IL 60515 061058206 IT ASSOC. IL 501(C)(6) 0 CREATING IT FUTURES FOUNDATION 3500 LACEY ROAD SUITE 100 DOWNERS GROVE IL 60515 364295421 IT EDUCATION CT 501(C)(3) LINE 7 COMPTIA 0 COMPTIA INVESTMENTS NFP INC 3500 LACEY ROAD SUITE 100 DOWNERS GROVE IL 60515 371712758 INVESTMENTS IL 501(C)(2) COMPTIA 0 AITP 3500 LACEY ROAD SUITE 100 DOWNERS GROVE IL 60515 362434629 PROF ASSOC IL 501(C)(6) COMPTIA 0 INTERNATIONAL INTERNET TESTING ASSOCIATION 3500 LACEY ROAD SUITE 100 DOWNERS GROVE IL 60515 841971995 PROF ASSOC IL 501(C)(6) COMPTIA 0 COMPTIA DIGITAL FILM ACADEMY 3500 LACEY ROAD SUITE 100 DOWNERS GROVE IL 60515 134200222 ACADEMY DC 501(C)(3) COMPTIA TECH CAREER ACADEMY 0 0 0 1 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 CREATING IT FUTURES FOUNDATION INC C 435638 FMV COMPUTING TECHNOLOGY INDUSTRY ASSOCIATION C 8240000 FMV COMPUTING TECHNOLOGY INDUSTRY ASSOCIATION K 272683 FMV COMPUTING TECHNOLOGY INDUSTRY ASSOCIATION O 105750 FMV