National Technical Honor Society
- Assets
- $2.9m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 19
- Location
- Flat Rock, NC
- Founding
- 02/1986
- Data as of
- 07/2020
- 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 07/2021, 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 07/2020, National Technical Honor Society generated $1.7m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $1.9m during the year ending 07/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
NTHS HONORS THE ACHIEVEMENTS OF LEADING CTE STUDENTS, PROVIDES SCHOLARSHIPS AND CULTIVATES EXCELLENCE IN TODAY'S HIGHLY COMPETITIVE SKILLED 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 |
|---|---|---|---|
Peyton W Holland Executive Di | Officer | 40 | $154,257 |
Kathryn Allen COO | Officer | 40 | $99,483 |
Christina Swift CFO | Officer | 40 | $99,308 |
C Allen Powell Fmr Ed/non-V | OfficerTrustee | 0.5 | $98,619 |
Laura Leatherwood President | OfficerTrustee | 2 | $0 |
Gayla Lutts President El | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,000 |
| Investment income | $13,837 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $113,667 |
| 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 | $102,713 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,721,548 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $245,255 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $507,226 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $452,811 |
| Pension plan accruals and contributions | $92,897 |
| Other employee benefits | $79,928 |
| Payroll taxes | $69,575 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,731 |
| Fees for services: Accounting | $9,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,014 |
| Advertising and promotion | $27,003 |
| Office expenses | $15,543 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $10,790 |
| Travel | $5,840 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,637 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $94,075 |
| Insurance | $20,264 |
| All other expenses | $0 |
| Total functional expenses | $1,888,080 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $326,727 |
| Savings and temporary cash investments | $1,021,060 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $29,085 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $174,058 |
| Prepaid expenses and deferred charges | $9,733 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $156,968 |
| Total assets | $2,944,841 |
| Accounts payable and accrued expenses | $95,219 |
| Grants payable | $20,199 |
| Deferred revenue | $3,222 |
| 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 | $199,398 |
| Total liabilities | $318,038 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $2,626,803 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that National Technical Honor Society has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
National Center For Construction Education Research Alachua, FL PURPOSE: SCHOLARSHIP | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tennessee State Collaborative On Reforming Education Nashville, TN | $23,375,202 | $18,088,323 |
Cameron Foundation Petersburg, VA | $170,387,931 | $14,350,568 |
Youth Educational Services Inc Tucker, GA | $1,618,316 | $5,042,597 |
Meridian Education Resource Group Inc Atlanta, GA | $7,961,644 | $4,980,107 |
Virginia Tech Services Inc Blacksburg, VA | $8,676,644 | $3,908,616 |
Student U Durham, NC | $9,122,297 | $4,911,286 |
Technology Student Association Reston, VA | $4,030,587 | $3,611,530 |
Petersburg Library Foundation Inc Petersburg, VA | $154,347 | $1,622,780 |
The University Of Virginias College At Wise Foundation Inc Wise, VA | $42,097,023 | $1,930,622 |
National Technical Honor Society Flat Rock, NC | $2,944,841 | $1,721,548 |
E-Polk Tryon, NC | $1,902,633 | $1,526,655 |
Middle Georgia State College Real Estate Foundation Inc Macon, GA | $39,301,200 | $4,417,348 |