CENTER FOR EMPLOYMENT TRAINING

SAN JOSE, CA, 95110-2940 (408) 287-7924 Est. 1967 EIN 94-1658311

J200— Employment Form 990 501(c)(3)

www.cetweb.org

Mission

The mission of Center for Employment Training "CET" is to promote human development and education by providing people with marketable skills training and supportive services that contribute to self-sufficiency.

Financials

Total Revenue

$28,993,033

Total Expenses

$28,829,399

Net Assets

$8,441,339

319 employees

From latest filing (tax period ending 2024-06-30)

Financial Health

Operating Reserve

3.5 months Adequate

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 7.2%

Expenses ↓ 1.3%

Revenue Sources

Contributions 1.8% Earned revenue 97.7% Investment 0.5%

Expense Breakdown

Program 67.0% Management 32.9% Fundraising 0.1%

Officers & Key Employees (36)

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Grants Received (24)

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Filing History (6 filings)

Year	Revenue	Expenses	Net Assets
2023 Form 990 Jul 1, 2023 to Jun 30, 2024	$28,993,033 ↑	$28,829,399	$8,441,339
2022 Form 990 Jul 1, 2022 to Jun 30, 2023	$27,050,811 ↓	$29,223,024	$8,277,705
2021 Form 990 Jul 1, 2021 to Jun 30, 2022	$32,924,536 ↑	$32,039,417	$9,497,042
2020 Form 990 Jul 1, 2020 to Jun 30, 2021	$29,656,765 ↑	$27,744,911	$8,611,923
2019 Form 990 Jul 1, 2019 to Jun 30, 2020	$29,322,103 ↑	$28,771,835	$8,202,046
2017 Form 990 Jul 1, 2017 to Jun 30, 2018	$27,419,522	$29,897,560	$12,525,408