Civic Intelligence

National Precast Concrete Association

EIN 35-1879729 • 501(c)6 • Carmel, IN

Profile

The national precast concrete association is dedicated to expanding the use of quality precast concrete through industry leadership in identifying opportunities and addressing challenges, and support of members.

1320 City Center DrCarmel, IN 46032

www.precast.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

76th percentile

0.48x

Higher debt load relative to assets than 76% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Source year 2025

Liabilities / Revenue

75th percentile

0.65x

Higher debt load relative to revenue than 75% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Source year 2025

Net Margin

23rd percentile

-3.8%

Higher net margin than 23% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Source year 2025

Top Officer Pay

67th percentile

$488,497

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 4.0% of source-year revenue.

501(c)6 • $10M-$25M nonprofits • Source year 2025

Asset Growth

10th percentile

-7.7%

Faster asset growth than 10% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Revenue Growth

50th percentile

6.3%

Faster revenue growth than 50% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Assets

Up

$16,536,410

Up $2,639,547 (+19%) from 2022

Liabilities

Down

$7,960,193

Down $278,242 (-3.4%) from 2022

Net Assets

Up

$8,576,217

Up $2,917,789 (+52%) from 2022

Revenue

Up

$12,179,301

Up $1,593,987 (+15%) from 2022

Expenses

Up

$12,647,472

Up $3,775,004 (+43%) from 2022

Net Income

Down

-$468,171

Down $2,181,017 (-127%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20M$15M$10M$5.0M$0Assets 2011: $6,164,124Liabilities 2011: $4,230,035Net Assets 2011: $1,934,0892011Assets 2012: $6,377,513Liabilities 2012: $4,405,111Net Assets 2012: $1,972,4022012Assets 2013: $6,749,113Liabilities 2013: $4,438,757Net Assets 2013: $2,310,3562013Assets 2014: $6,633,938Liabilities 2014: $4,427,847Net Assets 2014: $2,206,0912014Assets 2020: $10,621,448Liabilities 2020: $5,538,282Net Assets 2020: $5,083,1662020Assets 2021: $12,740,317Liabilities 2021: $6,830,367Net Assets 2021: $5,909,9502021Assets 2022: $13,896,863Liabilities 2022: $8,238,435Net Assets 2022: $5,658,4282022Assets 2025: $16,536,410Liabilities 2025: $7,960,193Net Assets 2025: $8,576,2172025

Highlighted filing

2025

Assets$16,536,410
Liabilities$7,960,193
Net Assets$8,576,217

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2011: $5,497,5572011Expenses 2012: $6,235,7412012Revenue 2013: $6,213,427Expenses 2013: $6,234,159Net Income 2013: -$20,7322013Revenue 2014: $6,183,047Expenses 2014: $6,330,703Net Income 2014: -$147,6562014Revenue 2020: $8,065,092Expenses 2020: $7,257,616Net Income 2020: $807,4762020Revenue 2021: $8,489,272Expenses 2021: $8,232,556Net Income 2021: $256,7162021Revenue 2022: $10,585,314Expenses 2022: $8,872,468Net Income 2022: $1,712,8462022Revenue 2025: $12,179,301Expenses 2025: $12,647,472Net Income 2025: -$468,1712025

Highlighted filing

2025

Revenue$12,179,301
Expenses$12,647,472
Net Income-$468,171

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Feb 9, 2026
Return Version
2025v4.0
Gross Receipts
$12,353,027
Mission and Program Overview

Mission

The national precast concrete association is dedicated to expanding the use of quality precast concrete through industry leadership in identifying opportunities and addressing challenges, and support of members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$10,684,657$12,063,753▲ $1,379,096
Cash and Non-Interest-Bearing Accounts$4,011,815$2,535,040▼ $1,476,775
Prepaid Expenses and Deferred Charges$1,498,979$911,340▼ $587,639
Accounts Receivable$515,963$403,497▼ $112,466
Land, Buildings, and Equipment, Net$476,415$369,393▼ $107,022
Savings and Temporary Cash Investments$200,038--
Intangible Assets$101,465$33,979▼ $67,486
Inventories for Sale or Use$17,166$10,028▼ $7,138
Total Assets$17,920,974$16,536,410▼ $1,384,564
Other Assets Total$414,476$209,380▼ $205,096
Liabilities
Deferred Revenue$9,032,207$7,460,084▼ $1,572,123
Accounts Payable and Accrued Expenses$487,733$393,427▼ $94,306
Other Liabilities$256,519$106,682▼ $149,837
Total Liabilities$9,776,459$7,960,193▼ $1,816,266
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$8,144,515$8,576,217▲ $431,702
Total Net Assets Fund Balance$8,144,515$8,576,217▲ $431,702
Total Liabilities and Net Assets / Fund Balance$17,920,974$16,536,410▼ $1,384,564

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$298,763$1,577,314$1,876,077
Leasehold Improvements-$78,966$78,966
Other Land Buildings$70,630-$70,630
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Christopher FrederickVP of DeveloFT$451,631$36,866$488,497
Christopher FrederickVP of Development-$446,631$41,866$488,497
Nicholas RhoadPresident &FT$352,672$51,426$404,098
Nicholas RhoadPresident & CEO-$329,600$74,498$404,098
Christina DenaultVP of MarketFT$225,500$12,603$238,103
Christina DenaultVP of Marketing & Co-$220,500$17,603$238,103
Mark Bradford ChineryVP of TechniFT$168,210$39,118$207,328
Mark Bradford ChineryVP of Technical Serv-$163,210$44,118$207,328
Claude GoguenDirector ofFT$155,336$38,675$194,011
Claude GoguenDirector of Technica-$154,336$39,675$194,011
Christina TrexlerVP of WorkfoPT$161,000$19,335$180,335
Christina TrexlerVP of Workforce Init-$156,000$24,335$180,335
Darren WhortonVP of TechnoFT$170,000$9,816$179,816
Darren WhortonVP of Technology-$165,000$24,025$179,816
Denise CutlerVP of MeetinFT$168,392$11,260$179,652
Denise CutlerVP of Meeting Servic-$163,392$16,260$179,652
Hugh MartinDirector ofFT$149,234$28,232$177,466
Hugh MartinDirector of Technica-$148,234$20,308$177,466
Philip CutlerDirector ofFT$158,459$10,618$169,077
Philip CutlerDirector of Quality-$153,459$15,333$169,077

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$2,085,162
Program Service Revenue
$9,703,903
Investment Income
$341,940
Other Revenue
$48,296
Change in Net Assets
$-468,171

Audited Revenue Reconciliation

Revenue per Audited Statements
$12,179,301
Revenue Not Reported on Form 990
$961,146
Total Revenue per Audited Statements
$13,140,447
Total Revenue per Form 990
$12,179,301
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$8,894,924
Salaries, Compensation, and Employee Benefits$3,752,548
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings---$3,387,080
Current Officers, Directors, Trustees, and Key Employees---$1,611,469
Other Salaries and Wages---$1,327,663
Payroll Taxes---$643,362
Advertising---$396,484
Travel---$276,040
Other Expenses---$256,641
Information Technology---$230,107
Depreciation Depletion---$175,836
Occupancy---$171,336
Pension Plan Contributions---$170,054
Fees for Services Other---$159,766
Fees for Services Accounting---$115,357
Fees for Services Legal---$87,140
Office Expenses---$74,112
Fees for Services Lobbying---$68,346
Fees for Service Investment Mgmnt Fees---$34,890
All Other Expenses---$11,760
Insurance---$1,679
Total Functional Expenses$0$0$0$12,647,472

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$12,708,745
Total Expenses per Form 990$12,647,472
Expenses per Audited Statements$12,488,311
Expenses Not Reported on Form 990$220,434
Expenses Not Reported on Financial Statements$159,161
Other Expense Adjustments$159,161
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
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$68,346
Total Nondeductible Lobbying and Political Cost$68,346
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability (operating)$106,682
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

Members can include any company engaged in the manufacture of precast concrete products; in a trade, industry, or profession related to the precast concrete industry or performs a service to the industry through individual efforts.

Form 990, Page 6, Part VI, Line 7A

Board members (and officers) are slated by the nominating committee and presented to the membership 45 days prior to the annual meeting in the fall of each year. The slate is voted on by the membership at the annual meeting.

Form 990, Page 6, Part VI, Line 7B

Members, in addition to the board of directors, of the assocation are required to approve any changes to the organization by laws, when applicable.

Form 990, Page 6, Part VI, Line 10B

"affiliates" is considered the npca educational foundation, inc. ("foundation"). The association does not have any written procedures governing the foundation. The foundation has its own governing documents.

Form 990, Page 6, Part VI, Line 11B

The form 990 is prepared by the audit firm, in conjunction with the management of the association. Upon completion and prior to submission, the 990 is presented to the board of directors for their review. Upon acceptance of the report, the 990 is submitted to the irs.

Form 990, Page 6, Part VI, Line 12C

Members of the board of directors and all members serving on committees are required to read, understand and sign the association's conflict of interest statement on an annual basis. Any conflicts of interest are to be noted. Records of all statements are kept on file.

Form 990, Page 6, Part VI, Line 15A

The compensation for the president ("ceo") and key employees is benchmarked against other like associations and corporations with similar positions of responsibility. Periodically the benchmarking is performed by an independent firm. The results of the benchmarking are reviewed by the executive committee, approved and the process is reported to the full board of directors.

Form 990, Page 6, Part VI, Line 19

The form 990 and related attachments will be posted to www.guidestar.org. All governance related documents can also be provided to the public upon request.

Filing and Contact Details

Filer

Filer Name
National Precast Concrete
EIN
35-1879729
Phone
3175719500
Address
1320 CITY CENTER DR, CARMEL, IN 46032

Signing Officer

Name
Nicholas Rhoad
Title
President & CEO
Phone
3175719500
Signed
2026-02-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nicholas Rhoad
Formed
1965
Legal Domicile
In
Voting Board Members
16
Independent Board Members
16
Employees
34
Volunteers
195

Preparer

Firm
L M Henderson & Company Llp
Address
450 E 96TH ST STE 200, INDIANAPOLIS, IN 46240-3797
Preparer
Edward Calanog
Phone
3175661000
Supplemental Narrative

Additional Explanations

Form 990, Part V

Form 990, part v, line 2b: npca is part of a professional employer organization ("peo"). The peo files all required federal employment tax returns on behalf of npca.

Form 990, Part XI, Line 9

Cost of goods sold -159,161 cost of goods sold 159,161

Financial Statement Notes

Schedule D, Page 3, Part X

The association files the required federal and state information and tax returns. Whenever these returns are filed, the filing association must evaluate the merits of its tax positions and determine if they will be ultimately sustained. Those tax positions for the association include maintaining their tax-exempt status and the taxability of any unrelated business income. The association believes these positions are sustainable. Although the association has not incurred any interest and penalties associated with these positions, it is their policy to expense them in statement of activities and change in net assets.

Schedule D, Page 4, Part XI, Line 2D

Cost of goods sold -159,161

Schedule D, Page 4, Part XII, Line 4B

Cost of goods sold 159,161

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IRS990/Form990PartVIISectionAGrp/TitleTxt0VP OF DEVELO
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT &
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IRS990/Form990PartVIISectionAGrp/TitleTxt3VP OF TECHNI
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR OF
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IRS990/Form990PartVIISectionAGrp/TitleTxt6VP OF MEETIN
IRS990/Form990PartVIISectionAGrp/TitleTxt7CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt8CHAIRMAN-ELE
IRS990/Form990PartVIISectionAGrp/TitleTxt9SECRETARY/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt10IMMEDIATE PA
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IRS990/MissionDesc0THE NATIONAL PRECAST CONCRETE ASSOCIATION IS DEDICATED TO EXPANDING THE USE OF QUALITY PRECAST CONCRETE THROUGH INDUSTRY LEADERSHIP IN IDENTIFYING OPPORTUNITIES AND ADDRESSING CHALLENGES, AND SUPPORT OF MEMBERS.
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IRS990/ProgSrvcAccomActy2Grp/Desc0THE ANNUAL CONVENTION IS NPCA'S YEARLY MEETING OF MEMBERS. AT THIS EVENT, NEW LEADERSHIP IS ELECTED FROM AMONG THE MEMBERSHIP, MEMBER-LED COMMITTEES MEET, AND TRAINING IS CONDUCTED. MEMBERS CONNECT WITH EACH OTHER, WITH OUR LEADERS, AND WITH OUR EXHIBITOR COMMUNITY TO ADVANCE THE PRECAST INDUSTRY.
IRS990/ProgSrvcAccomActy3Grp/Desc0FROM START TO FINISH, THE NPCA CERTIFICATION PROGRAM IS DEDICATED TO SETTING THE HIGHEST STANDARDS FOR PLANT FACILITIES, PRODUCTION OPERATIONS AND QUALITY CONTROL PROCEDURES. QUALITY-CONSCIOUS ARCHITECTS, ENGINEERS AND USERS KNOW THAT PRODUCTS SELECTED FROM NPCA-CERTIFIED PLANTS ARE MANUFACTURED TO EXACTING REQUIREMENTS FOR UNCOMPROMISING STRENGTH, DURABILITY AND FINISH.
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