Civic Intelligence

Architectural Woodwork Institute Education Foundation Inc.

990 • Fiscal year 2019 • EIN 26-2137087

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 16, 2020

46179 Westlake Drive No 120Potomac Falls, VA 20165

(571) 323-3636

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

27th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

28th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

95th percentile

66%

Higher net margin than 95% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

96th percentile

$192,812

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 232.8% of source-year revenue.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

80th percentile

25%

Faster asset growth than 80% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

90th percentile

72%

Faster revenue growth than 90% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Up

$509,713

Up $100,392 (+25%) from 2018

Net Assets

Up

$509,713

Up $100,392 (+25%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Up

$82,819

Up $34,780 (+72%) from 2018

Expenses

Down

$28,192

Down $356 (-1.2%) from 2018

Net Income

Up

$54,627

Up $35,136 (+180%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2015: $358,836Liabilities 2015: $0Net Assets 2015: $358,8362015Assets 2016: $399,167Liabilities 2016: $1,193Net Assets 2016: $397,9742016Assets 2017: $442,919Liabilities 2017: $0Net Assets 2017: $442,9192017Assets 2018: $409,321Liabilities 2018: $0Net Assets 2018: $409,3212018Assets 2019: $509,713Liabilities 2019: $0Net Assets 2019: $509,7132019Assets 2020: $527,686Liabilities 2020: $0Net Assets 2020: $527,6862020Assets 2021: $2,740,926Liabilities 2021: $0Net Assets 2021: $2,740,9262021Assets 2022: $2,277,951Liabilities 2022: $0Net Assets 2022: $2,277,9512022Assets 2023: $2,668,847Liabilities 2023: $5,100Net Assets 2023: $2,663,7472023Assets 2024: $2,868,385Liabilities 2024: $72,367Net Assets 2024: $2,796,0182024

Highlighted filing

2019

Assets$509,713
Liabilities$0
Net Assets$509,713

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2015: $38,678Expenses 2015: $24,386Net Income 2015: $14,2922015Revenue 2016: $34,203Expenses 2016: $13,716Net Income 2016: $20,4872016Revenue 2017: $75,206Expenses 2017: $27,306Net Income 2017: $47,9002017Revenue 2018: $48,039Expenses 2018: $28,548Net Income 2018: $19,4912018Revenue 2019: $82,819Expenses 2019: $28,192Net Income 2019: $54,6272019Revenue 2020: $28,128Expenses 2020: $49,129Net Income 2020: -$21,0012020Revenue 2021: $2,059,199Expenses 2021: $36,715Net Income 2021: $2,022,4842021Revenue 2022: $88,181Expenses 2022: $135,860Net Income 2022: -$47,6792022Revenue 2023: $97,376Expenses 2023: $35,373Net Income 2023: $62,0032023Revenue 2024: $128,460Expenses 2024: $295,103Net Income 2024: -$166,6432024

Highlighted filing

2019

Revenue$82,819
Expenses$28,192
Net Income$54,627
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 16, 2020
Return Version
2019v5.1
Gross Receipts
$223,582
Mission and Program Overview

Mission

To identify, cultivate and deliver resources that provide opportunities for education and professional development in the architectural woodwork industry.

SEE PART III, LINE 1.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities-$414,820-
Savings and Temporary Cash Investments$409,321$89,789▼ $319,532
Accounts Receivable-$194-
Total Assets$409,321$509,713▲ $100,392
Other Assets Total$0$4,910▲ $4,910
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$409,321$509,713▲ $100,392
Total Net Assets Fund Balance$409,321$509,713▲ $100,392
Total Liabilities and Net Assets / Fund Balance$409,321$509,713▲ $100,392
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kent GilchristPresident
William GeyerVice President
Doug HagueDirector
Robert StoutDirector
Philip DuvicSecretary
David NadolskiTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$64,906
Program Service Revenue
$0
Investment Income
$17,913
Other Revenue
$0
All Other Contributions
$41,367
Change in Net Assets
$54,627

Audited Revenue Reconciliation

Revenue per Audited Statements
$80,052
Revenue Not Reported on Financial Statements
$2,767
Revenue Not Reported on Form 990
$44,212
Total Revenue per Audited Statements
$124,264
Total Revenue per Form 990
$82,819
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$23,000
Other Expenses$5,192
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$23,000--$23,000
Fees for Service Investment Mgmnt Fees-$2,767-$2,767
Fees for Services Accounting$1,429--$1,429
Other Expenses-$971-$971
Fees for Services Legal$25--$25
Total Functional Expenses$24,454$3,738$0$28,192

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$28,192
Expenses per Audited Statements$25,425
Total Expenses per Audited Statements$25,425
Expenses Not Reported on Financial Statements$2,767
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 4

In 2019, the organization revised its bylaws to allow the awi board of directors to approve a slate of candidates for awief's board of directors.

Form 990, Part VI, Section A, Line 8B

The organization does not have separate committees within the governing body of the organization.

Form 990, Part VI, Section B, Line 11B

The form 990 was prepared by the outside accountants and reviewed by the awi executive vice president. Prior to filing, a copy of the form 990 via email to each member of the awi education foundation's board of directors.

Form 990, Part VI, Section B, Line 12C

Annually, each officer and director signs an acknowledgement of awief's conflict of interest policy as part of a volunteer leader agreement form. If a potential or real conflict arises, it is addressed by the board chair, who makes sure that it is resolved in the best interests of awief.

Form 990, Part VI, Section C, Line 19

The organization's financial statements, governing documents and conflict of interest policy are available upon request.

Filing and Contact Details

Filer

Filer Name
Architectural Woodwork Institute
EIN
26-2137087
Phone
5713233636
Address
46179 WESTLAKE DRIVE NO 120, POTOMAC FALLS, VA 20165

Signing Officer

Name
Doug Hague
Title
Director
Phone
5713233636
Signed
2020-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kent Gilchrist
Formed
2008
Legal Domicile
Va
Voting Board Members
6
Independent Board Members
4
Employees
0
Volunteers
4

Preparer

Firm
Gelman Rosenberg & Freedman
Address
4550 MONTGOMERY AVE SUITE 800N, BETHESDA, MD 20814-2930
Preparer
Richard J Locastro CPA
Phone
3019519090
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

For the year ended december 31, 2019, the organizations has documented its consideration of fasb asc 740-10, income taxes, that provides guidance for reporting uncertainty in income taxes and has determined that no material uncertain tax positions qualify for either recognition or disclosure in the consolidated financial statements.

Raw XML AppendixShowing 400 of 472 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc02019 AWIEF SCHOLARSHIP AWARDS: THE ANNUAL SCHOLARSHIP PROGRAM REACHES OUT TO WOODWORK INSTRUCTORS ACROSS THE UNITED STATES AND INVITES EACH TO NOMINATE ONE OUTSTANDING WOODWORKING STUDENT WHO WOULD BE WORTHY OF RECEIVING FINANCIAL AID AS ASSISTANCE IN HIS/HER STUDIES OF WOODWORKING AS A CAREER OBJECTIVE. THE FOUNDATION PROVIDES AN A ANNUAL SCHOLARSHIP APPLICATION FORM WHICH MUST BE RETURNED TO THE FOUNDATION BY A STATED DUE DATE. OFFICIAL SCHOOL TRANSCRIPTS ARE ALSO REQUIRED AS PART OF THE APPLICATION PROCESS. AFTER THE NOMINATION DATE CLOSES, THE AWIEF BOARD OF DIRECTORS MEETS TO REVIEW EACH SCHOLARSHIP NOMINEE'S APPLICATION AND, AS A GROUP, COMES TO CONSENSUS IN DETERMINING WHICH NOMINEES ARE AWARDED A SCHOLARSHIP. CONSIDERATIONS IN DETERMINING SCHOLARSHIP AWARDS INCLUDE: THE NOMINEE'S WORK HISTORY, CURRENT GRADE POINT AVERAGE, COURSES OF STUDY BASED ON TRANSCRIPTS, REFERENCE LETTERS FROM INSTRUCTORS, AND A STATEMENT ABOUT HIS/HER FUTURE WORK PLANS IN THE WOODWORKING INDUSTRY UPON COMPLETION OF STUDIES. WINNERS ARE SELECTED BY VOTE OF THE AWIEF BOARD OF DIRECTORS AND NOTIFIED BY US MAIL. FINANCIAL SCHOLARSHIP AWARDS ARE MADE BY AWI EDUCATION FOUNDATION CHECKS MADE JOINTLY PAYABLE TO THE STUDENT'S SCHOOL BURSAR OFFICE AND THE SCHOLARSHIP WINNER. SCHOLARSHIP FUNDS ARE DEPOSITED DIRECTLY INTO THE STUDENT'S SCHOOL EXPENSE ACCOUNT AND CAN ONLY BE USED TO PAY FOR TUITION FEES, TEXT BOOKS OR RELATED COURSE SUPPLIES AVAILABLE THROUGH THE SCHOOL'S BOOKSTORE.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0AWI EF'S SUPPORTED ORGANIZATION, AWI, IS EXEMPT PURSUANT TO CODE SECTION 501(C)(6).
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1ARCHITECTURAL WOODWORK INSTITUTE IS EXEMPT PURSUANT TO CODE SECTION 501(C)(6). FOR PURPOSES OF THE SUPPORTING ORGANIZATION CALCULATIONS, IT IS TESTED PURSUANT TO THE 509(A)(2) PUBLIC SUPPORT TEST.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2ANNUALLY, AWI EF COMPLETES THE PUBLIC SUPPORT TEST FOR AWI PURSUANT TO SECTION 509(A)(2) TO ENSURE IT CONTINUES TO SATISFIY THE PUBLIC SUPPORT REQUIREMENTS. FOR 2019, AWI PASSES THE PUBLIC SUPPORT TEST.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt3AWI EF DID NOT PROVIDE SUPPORT DIRECTLY TO AWI. RATHER, ITS PROGRAMMATIC EXPENDITURES WERE FOR THE BENEFIT OF AWI. ALL AWI EF PROGRAM EXPENDITURES WERE USED EXCLUSIVELY FOR SECTION 170(C)(2)(B) PURPOSES.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc3PART IV, SECTION A, LINE 3C:
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0ARCHITECTURAL WOODWORK INSTITUTE
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FOR THE YEAR ENDED DECEMBER 31, 2019, THE ORGANIZATIONS HAS DOCUMENTED ITS CONSIDERATION OF FASB ASC 740-10, INCOME TAXES, THAT PROVIDES GUIDANCE FOR REPORTING UNCERTAINTY IN INCOME TAXES AND HAS DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0SCHOLARSHIPS ARE MADE PAYABLE JOINTLY TO THE SCHOOL AND THE STUDENT TO BE DEPOSITED DIRECTLY INTO THE STUDENTS SCHOOL ACCOUNT TO BE USED FOR TUITION, BOOKS, FEES, AND SUPPLIES.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
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IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0AWI EDUCATION FOUNDATION RELIES ON A RELATED ORGANIZATION, AWI, TO DETERMINE OFFICER COMPENSATION. AWI'S COMPENSATION SETTING PRACTICE INCLUDES: - COMPENSATION COMMITTEE - COMPENSATION SURVEY OR STUDY - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0IN 2019, THE ORGANIZATION REVISED ITS BYLAWS TO ALLOW THE AWI BOARD OF DIRECTORS TO APPROVE A SLATE OF CANDIDATES FOR AWIEF'S BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION DOES NOT HAVE SEPARATE COMMITTEES WITHIN THE GOVERNING BODY OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 WAS PREPARED BY THE OUTSIDE ACCOUNTANTS AND REVIEWED BY THE AWI EXECUTIVE VICE PRESIDENT. PRIOR TO FILING, A COPY OF THE FORM 990 VIA EMAIL TO EACH MEMBER OF THE AWI EDUCATION FOUNDATION'S BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANNUALLY, EACH OFFICER AND DIRECTOR SIGNS AN ACKNOWLEDGEMENT OF AWIEF'S CONFLICT OF INTEREST POLICY AS PART OF A VOLUNTEER LEADER AGREEMENT FORM. IF A POTENTIAL OR REAL CONFLICT ARISES, IT IS ADDRESSED BY THE BOARD CHAIR, WHO MAKES SURE THAT IT IS RESOLVED IN THE BEST INTERESTS OF AWIEF.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0ARCHITECTURAL WOODWORK INSTITUTE
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1AWI QUALITY CERTIFICATION CORPORATION
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0NON-PROFIT TRADE ASSOCIATION FOR WOODWORK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1NON-PROFIT TRADE ASSOCIATION FOR WOODWORK AND QUALITY ASSURANCE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1N/A
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt146179 WESTLAKE DRIVE SUITE 120
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IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt023539
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0ACTUAL
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0ARCHITECTURAL WOODWORK INSTITUTE
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