Ncma Education Research Foundation
- Assets
- $9.3m
- Revenue
- $733.0k
- Investments
- $9.0m
- Employees
- 0
- Location
- Herndon, VA
- Founding
- 05/1990
- Data as of
- 12/2021
- EIN
- 54-1524318
Organization Overview
Ncma Education Research Foundation is located in Herndon, VA. The organization was established in 1990. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ncma Education Research Foundation 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 12/2021, Ncma Education Research Foundation generated $733.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $468.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Ncma Education Research Foundation has awarded 148 individual grants totaling $3,196,782. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erik Absalon Trustee | 1 | $0 | |
Kevin Brown Trustee | 1 | $0 | |
Steve Berry Vice-Chair Of The Meeting | 2 | $0 | |
Thomas Finch Ex-Officio Member - Ncma Past Chair | 1 | $0 | |
Grady Gunn Trustee | 1 | $0 | |
Paul Hargest Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,100 |
| Interest on Savings | $16 |
| Dividends & Interest | $252,160 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $477,755 |
| Capital Gain Net Income | $477,755 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $733,031 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $12,986 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $103,108 |
| Total operating and administrative expenses | $159,114 |
| Contributions, gifts, grants paid | $309,432 |
| Total expenses and disbursements | $468,546 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $177,603 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $15,000 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $8,725,713 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $47,646 |
| Total assets | $9,289,907 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $645,176 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $38,018 |
| Total liabilities | $683,194 |
Grants Awarded
Over the last fiscal year, Ncma Education Research Foundation has awarded $309,432 in support to 30 organizations.
| Grant Recipient | Amount |
|---|---|
Herndon, VA PURPOSE: CO2 SEQUESTRATION | $42,900 |
Longmont, CO PURPOSE: TMS 402/602 ENHANCED COMMENTARY (PHASE 2) | $25,000 |
NORTH CAROLINA STATE UNIVERSITY SCHOOL OF ARCHITECTURE PURPOSE: NCSU ARCHITECTURE COURSE | $16,600 |
Longmont, CO PURPOSE: 14TH NORTH AMERICAN MASONRY CONFERENCE | $15,000 |
Saint Louis, MO PURPOSE: STORM SHELTER PROTOTYPES | $13,887 |
Herndon, VA PURPOSE: SRW INSTALLER WORKFORCE DEVELOPMENT | $12,500 |
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|---|---|---|
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Point Programs Inc Covington, KY | $8,847,119 | $6,355,202 |
Atu Training And Education Center Inc Silver Spring, MD | $35,739,590 | $712,662 |