February - Vol 69, No 5 - International Technology and Engineering ...

a realistic application of multiple disciplines, which
can only have a positive impact on student motivation.
Although problem-based learning activities that provide an
interdisciplinary approach aren’t as novel as many outside
the technology education field might believe, they certainly
can be used to our benefit in demonstrating the importance
of technology education programs.
References
Brophy, J. (2004). Motivating students to learn. Mahmaw, NJ:
Lawrence Erlbaum Associates.
Gottfried, A., Fleming, J., & Gottfried, A. (2001, March).
Continuity of academic intrinsic motivation from
childhood through late adolescence: A longitudinal study.
Journal of Educational Psychology, 93(1), 3-13.
International Technology Education Association.
(2000/2002/2007). Standards for technological literacy:
Content for the study of technology. Reston, VA: Author.
Pennsylvania Department of Education. (2003). Academic
standards (22 PA Code Chapter 4). Harrisburg, PA:
Author.
Sean M. Blasetti is in the Department of
Technology Education within the Science
and Industry Career Academy, Central York
High School, York, PA. He can be reached
via email at sblasetti@cysd.k12.pa.us.
This manuscript was written in partial fulfillment of EDTE
646 – Writing the Professional Paper, as I work towards the
completion of a Masters degree in Technology Education
through Millersville University. It focuses on a real-world
design project created for one of my advanced level CADD
courses, Design for Manufacturing. This course is offered
based upon enrollment numbers. The project described
has been successful in meeting the identified standards
and motivating students to work through the technological
design process.
This is a refereed article.
ITEA Financial Report — Fiscal 2009
Important Comments Pertaining to the ITEA
and FTE Financial Reports:
• The figures in this report reflect the financial
year, which ended on June 30, 2009. A complete
financial report is made to the ITEA/FTE Board of
Directors/Trustees by the accounting firm of Ribis,
Jones, and Maresca, P.A.
• The balance shown is the result of specifically
planned activities on behalf of the Board of
Directors and the headquarters staff to balance
the budget. The Board monitors the financial
condition of the association and foundation on an
ongoing basis through its Executive Committee,
which also serves as the finance committee, and
the Executive Director, who serves the association
as secretary/treasurer.
• Care is taken through the auditing process to
ensure that the operation of the association is in
compliance with rules and regulations established
by the Internal Revenue Service and State of
Virginia guidelines used for nonprofit associations.
Questions pertaining to this report can be directed
to ITEA at 703-860-2100.
INTERNATIONAL TECHNOLOGY EDUCATION ASSOCIATION, INC. AND FOUNDATION FOR
TECHNOLOGY EDUCATION, INC. COMBINED STATEMENT OF FINANCIAL POSITION
ASSETS
CURRENT ASSETS
Cash and cash equivalents $ 81,268
Investments 1,085,211
Accounts receivable, net of allowance
For doubtful accounts of $1,395 and $1,995 36,100
Inventory 98,177
Prepaid expenses 33,518
Total Current Assets 1,334,274
PROPERTY AND EQUIPMENT, NET 5,351
OTHER ASSETS
Security deposit 2,257
Cash surrender value of life insurance 163,146
Total Other Assets 165,403
TOTAL ASSETS $1,505,028
LIABILITIES AND NET ASSETS
CURRENT LIABILITIES
Accounts payable $ 10,231
Accrued wages 4,165
Accrued vacation 23,413
Deferred consortium and membership dues 157,045
Total Current Liabilities 194,854
LONG-TERM LIABILITIES
Postretirement health benefits obligations $184,890
NET ASSETS
Unrestricted net assets
Temporarily restricted net assets $1,092,256
Life members net assets 29,241
Foundation for Technology Education –
Scholarships 3,787
Total temporarily restricted net assets 33,028
TOTAL NET ASSETS 1,125,284
TOTAL LIABILITIES AND NET ASSETS 1,505,028
TOTAL REVENUE 1,310,863
TOTAL EXPENSES 1,477,110
REVENUE OVER EXPENSE AND SUPPORT (166,247)
17 • The Technology Teacher • February 2010