National Accrediting Commission Of Career Arts & Sciences Inc
- Assets
- $10.9m
- Revenue
- $6.6m
- Investments
- $0.0
- Employees
- 38
- Location
- Alexandria, VA
- Founding
- 04/1970
- Data as of
- 06/2022
- EIN
- 52-0902160
Organization Overview
National Accrediting Commission Of Career Arts & Sciences Inc is located in Alexandria, VA. The organization was established in 1970. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, National Accrediting Commission Of Career Arts & Sciences Inc employed 38 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Accrediting Commission Of Career Arts & Sciences Inc 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 06/2022, National Accrediting Commission Of Career Arts & Sciences Inc generated $6.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $5.6m during the year ending 06/2022. 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 ADVANCE AND DEVELOP EDUCATIONAL STANDARDS IN THE FIELDS OF COSMETOLOGY, BARBERING, MANICURING, MASSAGE THERAPY, AND COGNATE AREAS WHICH SERVE TO SUPPLEMENT THE PRACTICAL, SCIENTIFIC, AND BUSINESS SKILLS OF THOSE PROFESSIONS. COSMETOLOGY CONCERNS THE CARE FOR THE HEALTH, CONDITION, AND APPEARANCE OF HAIR, SKIN, NAILS, AND COGNATE AREAS; TO GIVE RECOGNITION THROUGH ACCREDITATION TO SCHOOLS THAT MAINTAIN HIGH STANDARDS OF COSMETOLOGY, BARBERING, MANICURING, MASSAGE THERAPY, OR HEALTH & WELLNESS EDUCATION AND ASSURE QUALITY PROGRAMS FOR THEIR STUDENTS; TO ENCOURAGE HIGH STANDARDS OF ETHICAL AND PROFESSIONAL CONDUCT AND PROGRAMS DESIGNED TO IMPROVE SERVICE TO THE PUBLIC IN THE FIELDS OF COSMETOLOGY, BARBERING, MANICURING, MASSAGE THERAPY, AND COGNATE AREAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADVANCED AND DEVELOPED EDUCATIONAL STANDARDS IN THE FIELDS OF COSMETOLOGY, BARBERING, MANICURING, MASSAGE THERAPY, AND COGNATE AREAS BY PERFORMING THE ACCREDITATION FUNCTION FOR APPROXIMATELY 1,300 SCHOOLS. THERE WERE APPROXIMATELY 280 SCHOOL VISITS COMPLETED DURING THE FISCAL YEAR ENDED 6/30/2022.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alexander Garcia Commissioner - Chairman | OfficerTrustee | 5 | $18,596 |
Steven Dawson Commissioner - First Vice-Chair | OfficerTrustee | 5 | $17,745 |
Scott Bouranis Commissioner - Second Vice-Chair | OfficerTrustee | 5 | $14,211 |
Dorothy Mckinley-Soressi Commissioner - Treasurer | OfficerTrustee | 5 | $14,030 |
Rebecca Brockmann Commissioner - Secretary | OfficerTrustee | 5 | $15,410 |
Salvatore Pappacoda Commissioner | Trustee | 5 | $14,140 |
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 | $6,505,621 |
| Investment income | $76,149 |
| 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 | $6,581,770 |
| 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. | $1,039,298 |
| Compensation of current officers, directors, key employees. | $173,942 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,472,379 |
| Pension plan accruals and contributions | $120,162 |
| Other employee benefits | $296,264 |
| Payroll taxes | $171,995 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $99,966 |
| Fees for services: Accounting | $34,950 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $264,418 |
| Advertising and promotion | $0 |
| Office expenses | $202,304 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $152,867 |
| Travel | $12,583 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $460,092 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $72,914 |
| Insurance | $110,120 |
| All other expenses | $49,900 |
| Total functional expenses | $5,623,900 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,731,052 |
| Savings and temporary cash investments | $3,314,911 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $154,488 |
| 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 | $131,797 |
| Net Land, buildings, and equipment | $2,541,166 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,950 |
| Total assets | $10,875,364 |
| Accounts payable and accrued expenses | $304,261 |
| Grants payable | $0 |
| Deferred revenue | $1,623,612 |
| 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 | $8,091 |
| Total liabilities | $1,935,964 |
| Net assets without donor restrictions | $8,939,400 |
| Net assets with donor restrictions | $0 |
| 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 | $10,875,364 |