Construction Education Foundation Inc is located in Dfw Airport, TX. The organization was established in 2002. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. As of 06/2022, Construction Education Foundation Inc employed 37 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Construction Education Foundation 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, Construction Education Foundation Inc generated $2.3m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $2.2m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO CONDUCT EDUCATIONAL AND SKILL-ADVANCEMENT PROGRAMS FOR EMPLOYERS AND EMPLOYEES IN THE CONSTRUCTION INDUSTRY.
Describe the Organization's Program Activity:
CONDUCTED CRAFT/APPRENTICESHIP TRAINING, SCHOOL TO CAREERPROGRAMS, SAFETY CLASSES & CAREER DEVELOPMENT STUDIES FORSTUDENTS PURSUING CAREERS IN THE CONSTRUCTION INDUSTRY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jane Hanna President | OfficerTrustee | 40 | $172,713 |
David Fultz Chairman | OfficerTrustee | 1 | $0 |
Jon Grime Chair Elect | OfficerTrustee | 0.5 | $0 |
Evan Midgett Executive 1 | Trustee | 0.5 | $0 |
John Reynal Executive 2 | Trustee | 0.5 | $0 |
Bob Aniol Director | Trustee | 0.5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $30,000 |
Government grants | $257,100 |
All other contributions, gifts, grants, and similar amounts not included above | $46,500 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $333,600 |
Total Program Service Revenue | $1,753,155 |
Investment income | $1,875 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $1,215 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $33,548 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,286,453 |
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. | $196,312 |
Compensation of current officers, directors, key employees. | $196,312 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $173,387 |
Pension plan accruals and contributions | $4,893 |
Other employee benefits | $26,730 |
Payroll taxes | $26,524 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $60,945 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $56 |
Advertising and promotion | $11,303 |
Office expenses | $57,406 |
Information technology | $151,860 |
Royalties | $0 |
Occupancy | $76,647 |
Travel | $9,336 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $49,816 |
Interest | $715 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $52,996 |
Insurance | $19,584 |
All other expenses | $23,231 |
Total functional expenses | $2,244,513 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $724,205 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,062,200 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $28,661 |
Prepaid expenses and deferred charges | $28,016 |
Net Land, buildings, and equipment | $124,654 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,967,736 |
Accounts payable and accrued expenses | $844,962 |
Grants payable | $0 |
Deferred revenue | $22,213 |
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 | $57,752 |
Total liabilities | $924,927 |
Net assets without donor restrictions | $1,042,809 |
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 | $1,967,736 |