National Technical Honor Society
- Assets
- $3.6m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 19
- Location
- Flat Rock, NC
- Founding
- 02/1986
- Data as of
- 07/2022
- EIN
- 57-0787093
Organization Overview
National Technical Honor Society is located in Flat Rock, NC. The organization was established in 1986. According to its NTEE Classification (B80) the organization is classified as: Student Services, under the broad grouping of Education and related organizations. As of 07/2023, National Technical Honor Society employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Technical Honor Society 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 07/2022, National Technical Honor Society generated $2.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $1.8m during the year ending 07/2022. While expenses have increased by 4.1% per year over the past 6 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 ADVOCATE FOR AND EMPOWER ALL STUDENTS TO PURSUE THE SKILLS NEEDED TO BUILD THEIR CAREERS AND THE GLOBAL WORKFORCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RECOGNIZED OUTSTANDING CAREER AND TECHNICAL STUDENTS AND PROVIDED SERVICES TO THEM, INCLUDING SCHOLARSHIPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gayla Lutts Chair | OfficerTrustee | 2 | $0 |
Chelle Travis Chair Elect | OfficerTrustee | 2 | $0 |
Laura Leatherwood Past Chair | OfficerTrustee | 2 | $0 |
Gregory Winters Historian | OfficerTrustee | 2 | $0 |
Clark Plucinski Finance Chai | OfficerTrustee | 2 | $0 |
Carl Coffey Board Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $214,900 |
| All other contributions, gifts, grants, and similar amounts not included above | $20,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $235,400 |
| Total Program Service Revenue | $1,681,821 |
| Investment income | $3,673 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $101,253 |
| 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 | $217,482 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,240,394 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $246,402 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $341,474 |
| Compensation of current officers, directors, key employees. | $170,737 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $536,915 |
| Pension plan accruals and contributions | $115,584 |
| Other employee benefits | $83,481 |
| Payroll taxes | $77,216 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $420 |
| Fees for services: Accounting | $10,125 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $10,069 |
| Advertising and promotion | $31,873 |
| Office expenses | $12,429 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $10,420 |
| Travel | $3,025 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $22,372 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $67,422 |
| Insurance | $19,425 |
| All other expenses | $85,581 |
| Total functional expenses | $1,818,105 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $267,776 |
| Savings and temporary cash investments | $2,031,628 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $55,742 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $148,998 |
| Prepaid expenses and deferred charges | $10,209 |
| Net Land, buildings, and equipment | $1,102,253 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,868 |
| Total assets | $3,625,474 |
| Accounts payable and accrued expenses | $107,234 |
| Grants payable | $16,172 |
| Deferred revenue | $3,089 |
| 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 | $126,495 |
| Net assets without donor restrictions | $3,498,979 |
| 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 | $3,625,474 |