National Action Council For Minorities In Engineering Inc, operating under the name Nacme, is located in Alexandria, VA. The organization was established in 1985. According to its NTEE Classification (R22) the organization is classified as: Minority Rights, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. As of 08/2023, Nacme employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nacme 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 08/2023, Nacme generated $3.5m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $4.1m during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (0.8%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Nacme has awarded 184 individual grants totaling $8,852,595. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIP PROGRAMS: NACME IS THE NATION'S LARGEST PRIVATE SOURCE OF SCHOLARSHIPS FOR MINORITIES IN ENGINEERING. NACME SCHOLARSHIPS BROADEN THE TECHNOLOGY TALENT POOL, RECOGNIZE AND REWARD HIGH ACADEMIC ACHEIVEMENT, AND CONNECT NACME DONOR COMPANIES TO A RICH POOL OF MINORITY STUDENTS. ITS SCHOLARSHIP INITIATIVES ARE DESIGNED TO PROMOTE DIVERSITY ON THE UNIVERSITY CAMPUS WHILE FOSTERING INDIVIDUAL ACHIEVEMENT. THE PROGRAMS PROVIDE FIANAICAL AID FOR MINORITY ENGINEERING STUDENTS WHO MEET NACME'S ELIGIBILITY CRITERIA, ALONG WITH A WIDE RANGE OF ACADEMIC AND PROFESSIONAL DEVELOPMENT SUPPORT.NACME'S CAREER CENTER CONTAINS THE RESUMES OF HUNDREDS OF NACME SCHOLARS WHO ARE CURRENTLY AVAILABLE FOR ENGINEERING INTERNSHIPS AND FULL-TIME POSITIONS UPON GRADUATION. NACME'S CORPORATE PARTNERS, WITH HIGH RECRUITING CAPABILITY AND HIRING NEEDS, ARE ALSO VERY INTERESTED IN DEEPENING THEIR ENGAGEMENT WITH NACME SCHOLARS FOR THE PURPOSE OF SERVING IN INTERNSHIPS OR FULL-TIME POSITIONS.INFORMATION DISSEMINATION: NACME'S MARKETING AND COMMUNICATIONS EFFORTS TARGET KEY STAKEHOLDERS IN K-12, UNIVERSITY, GOVERNMENT, INDUSTRY, AND FOUNDATIONS BY UTILIZING A FULL RANGE OF PUBLICATIONS, VIDEO, RADIO, TELEVISION, INTERNET, SOCIAL MEDIA, AND CONFERENCES. NACME USES THESE VEHICLES TO DISSEMINATE BEST PRACTICES AND DELIVERS THE RESEARCH AND ANALYSIS NECESSARY FOR SHAPING EFFECTIVE PROGRAMS AND POLICY. NACME DEVELOPS AND PUBLISHES MATERIALS THAT PROMOTE STEM EDUCATION.RESEARCH AND PROGRAM EVALUATION: RECOGNIZING THAT PROGRAMS MUST BE EVALUATED, NACME CONDUCTS RESEARCH PROJECTS AND CONVENES EXPERTS TO DOCUMENT AND EXPLAIN THE IMPACTS OF FACTORS THAT CONTRIBUTE TO THE SUCCESS OF UNDERREPRESENTED MINORITY STUDENTS IN ENGINEERING. THE NACME PORTFOLIO OF PUBLICATIONS IS BROADLY DISTRIBUTED AND INCLUDES RESEARCH, BRIEFS, REPORTS, AND STUDIES.ENGINEERING PUBLIC POLICY: NACME'S ENGINEERING PUBLIC POLICY EFFORTS HAVE AIMED TO RAISE AWARENESS AND PROMOTE THE DISCUSSION OF EQUITY AND ENGINEERING EDUCATION ON CAPITAL HILL. NACME DEVELOPED A POINT OF VIEW SERIES ON KEY ISSUES IN ENGINEERING EDUCATION, WHICH COVERED TOPICS SUCH AS CLOSING THE ACHIEVEMENT GAP, COLLEGE PREPARATION AND AFFORDABILITY, STEM EDUCATION AND TEACHER PREPARATION AND THE INTEGRATION OF NEXT GENERATION SCIENCE STANDARDS AND COMMON CORE STATE STANDARDS IN THE CLASSROOM. THE NACME GOAL IS TO SHED LIGHT ON HOW THESE ISSUES AFFECT THE UNDERREPRESENTED MINORITY COMMUNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Obed D Louissaint Chairman | OfficerTrustee | 2 | $0 |
Kevin Edwards Vice-Chairperson | OfficerTrustee | 2 | $0 |
Stephen M Kessing Secretary - Exofficio | OfficerTrustee | 2 | $0 |
Linda Ducharme Treasurer /director | OfficerTrustee | 2 | $0 |
Patrise Hahn Director | Trustee | 0.5 | $0 |
Amy Bunszel Director | Trustee | 0.5 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
1r Technologies It Management Services | 8/30/21 | $115,566 |
David M Porter Jr Management Consultant | 8/30/21 | $112,025 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $190,000 |
Related organizations | $0 |
Government grants | $50,000 |
All other contributions, gifts, grants, and similar amounts not included above | $2,781,424 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $3,021,424 |
Total Program Service Revenue | $304,004 |
Investment income | $363,266 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $18,000 |
Net Gain/Loss on Asset Sales | -$2,097 |
Net Income from Fundraising Events | -$206,894 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,497,703 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $1,771,373 |
Grants and other assistance to domestic individuals. | $31,737 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $290,258 |
Compensation of current officers, directors, key employees. | $29,026 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $907,106 |
Pension plan accruals and contributions | $61,654 |
Other employee benefits | $130,112 |
Payroll taxes | $93,589 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $41,456 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $27,515 |
Fees for services: Other | $269,924 |
Advertising and promotion | $4,120 |
Office expenses | $34,041 |
Information technology | $87,362 |
Royalties | $0 |
Occupancy | $35,831 |
Travel | $83,109 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $160,478 |
Insurance | $14,749 |
All other expenses | $9,679 |
Total functional expenses | $4,054,093 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $6,975,860 |
Savings and temporary cash investments | $1,686,117 |
Pledges and grants receivable | $600,450 |
Accounts receivable, net | $0 |
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 | $58,012 |
Net Land, buildings, and equipment | $1,170,815 |
Investments—publicly traded securities | $12,485,846 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $22,977,100 |
Accounts payable and accrued expenses | $1,036,781 |
Grants payable | $0 |
Deferred revenue | $163,283 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $7,105,015 |
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 | $4,000 |
Total liabilities | $8,309,079 |
Net assets without donor restrictions | $12,071,842 |
Net assets with donor restrictions | $2,596,179 |
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 | $22,977,100 |
Over the last fiscal year, National Action Council For Minorities In Engineering Inc has awarded $1,614,909 in support to 38 organizations.
Grant Recipient | Amount |
---|---|
UNIVERSITY OF ARKANSAS PURPOSE: SCHOLARSHIP | $59,375 |
THE CITY COLLEGE OF NEW YORK PURPOSE: SCHOLARSHIP | $17,250 |
PURDUE UNIVERSITY PURPOSE: SCHOLARSHIP | $39,375 |
VIRGINIA POLYTECHNIC INSTITUTE & STATE UNIVERSITY PURPOSE: SCHOLARSHIP | $13,750 |
CITY COLLEGE OF NEW YORK PURPOSE: SCHOLARSHIP | $21,250 |
UNIVERSITY OF ALASKA ANCHORAGE PURPOSE: SCHOLARSHIP | $22,500 |