National Academy Of Construction
- Assets
- $1.2m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Austin, TX
- Founding
- 07/2008
- Data as of
- 12/2023
- EIN
- 13-4360833
Organization Overview
National Academy Of Construction is located in Austin, TX. The organization was established in 2008. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Academy Of Construction is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, National Academy Of Construction generated $1.2m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $1.1m during the year ending 12/2023. While expenses have increased by 13.0% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ACADEMY HONORS OUTSTANDING CONSTRUCTION INDUSTRY LEADERS AND SHARES THEIR COLLECTIVE EXPERIENCES AND EXPERTISE TO HELP THE NATION BY IMPROVING THEIR INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO DRIVE IMPROVEMENT IN THE CONSTRUCTION INDUSTRY THROUGH SHARING OUR COLLECTIVE KNOWLEDGE AND EXPERTISE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George E Gibson President An | OfficerTrustee | 40 | $307,850 |
Sam Baker General Coun | Trustee | 1 | $0 |
Carole Bionda At-Large Dir | Trustee | 1 | $0 |
Christin Keville 1st Vice Cha | Trustee | 1 | $0 |
Will Lichtig At-Large Dir | Trustee | 1 | $0 |
Milo Riverso Chairman | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $204,000 |
| Fundraising events | $282,054 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $246,562 |
| Noncash contributions included in lines 1a–1f | $16,453 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $732,616 |
| Total Program Service Revenue | $295,615 |
| Investment income | $116,282 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,170,475 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $397,323 |
| Compensation of current officers, directors, key employees. | $108,337 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $116,007 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,450 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $121,852 |
| Advertising and promotion | $0 |
| Office expenses | $17,624 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $324 |
| Travel | $26,602 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $304,417 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $30,887 |
| Total functional expenses | $1,126,060 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $220,317 |
| Savings and temporary cash investments | $15,349 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $22,750 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $15,115 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $890,278 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,163,809 |
| Accounts payable and accrued expenses | $9,253 |
| Grants payable | $0 |
| Deferred revenue | $6,250 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $15,503 |
| Net assets without donor restrictions | $651,990 |
| Net assets with donor restrictions | $496,316 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,163,809 |
Grants Awarded
Over the last fiscal year, National Academy Of Construction has awarded $65,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
ACE MENTOR PROGRAM OF AMERICA | | | $25,000 |
THE UNIVERSITY OF TEXAS - CAEE | | | $10,000 |
THOSE AMAZING PROFESSIONALS | | | $10,000 |
INDIAN HEALTH SERVICES | | | $20,000 |