Nocti
- Assets
- $8.2m
- Revenue
- $5.1m
- Investments
- $46.7k
- Employees
- 40
- Location
- Big Rapids, MI
- Founding
- 01/1977
- Data as of
- 12/2022
- EIN
- 23-7455576
Organization Overview
Nocti is located in Big Rapids, MI. The organization was established in 1977. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 12/2023, Nocti employed 40 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nocti 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 12/2022, Nocti generated $5.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $3.8m during the year ending 12/2022. While expenses have increased by 0.2% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO DEVELOP AND ADMINISTER OCCUPATIONAL COMPETENCY TESTS AND ASSESSMENT SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NOCTI DEVELOPS, EVALUATES AND ADMINISTERS OCCUPATIONAL COMPETENCY ASSESSMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Foster 11 - 915 Ex-Officio | Officer | 40 | $201,976 |
Kathleen Mcnally 51 - 1231 Ex-Officio | Officer | 40 | $145,502 |
Edward Bouquillon Chairperson | OfficerTrustee | 0.3 | $0 |
Charisse Childers Vice Chairpe | OfficerTrustee | 0.3 | $0 |
Sarah Martin Treasurer | OfficerTrustee | 0.3 | $0 |
Mary Jo Self Secretary | OfficerTrustee | 0.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $5,112,141 |
| Investment income | $14,523 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$17,839 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,108,825 |
| 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. | $272,744 |
| Compensation of current officers, directors, key employees. | $272,744 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,838,914 |
| Pension plan accruals and contributions | $174,632 |
| Other employee benefits | $338,514 |
| Payroll taxes | $149,555 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $454,937 |
| Advertising and promotion | $76,719 |
| Office expenses | $84,669 |
| Information technology | $177,642 |
| Royalties | $0 |
| Occupancy | $27,266 |
| Travel | $10,249 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $27,481 |
| Interest | $4,731 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $113,595 |
| Insurance | $24,323 |
| All other expenses | $18 |
| Total functional expenses | $3,827,655 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,571,072 |
| Savings and temporary cash investments | $169,838 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $622,099 |
| 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 | $110,341 |
| Net Land, buildings, and equipment | $1,399,705 |
| Investments—publicly traded securities | $1,073,488 |
| Investments—other securities | $46,742 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $220,353 |
| Total assets | $8,213,638 |
| Accounts payable and accrued expenses | $181,074 |
| Grants payable | $0 |
| Deferred revenue | $91,491 |
| 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 | $32,665 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $305,230 |
| Net assets without donor restrictions | $7,893,851 |
| Net assets with donor restrictions | $14,557 |
| 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 | $8,213,638 |