Civic Intelligence

Agc Education and Research Foundation Inc

990 • Fiscal year 2013 • EIN 52-6083465

Jan 01, 2013 to Dec 31, 2013 • Filed on Nov 10, 2014

Organization ProfileWWW.AGCFOUNDATION.ORG
2300 Wilson BoulevardSuite 30022201

(703) 548-3118

Siviq Scores

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

Liabilities / Assets

16th percentile

0.01x

Higher debt load relative to assets than 16% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2013

Liabilities / Revenue

42nd percentile

0.13x

Higher debt load relative to revenue than 42% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2013

Net Margin

64th percentile

8.1%

Higher net margin than 64% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2013

Top Officer Pay

88th percentile

$302,831

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 42.9% of source-year revenue.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2013

Asset Growth

69th percentile

8.8%

Faster asset growth than 69% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Balance Sheet
Liabilities / Assets16th percentile

Assets

Up

$8,770,559

Up $708,919 (+8.8%) from 2012

Net Assets

Up

$8,676,184

Up $728,981 (+9.2%) from 2012

Liabilities

Down

$94,375

Down $20,062 (-18%) from 2012

Revenue And Expenses
Liabilities / Revenue42nd percentileNet Margin64th percentile

Revenue

$705,649

No earlier filing loaded for comparison.

Expenses

Up

$648,352

Up $44,000 (+7.3%) from 2012

Net Income

$57,297

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth69th percentile

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

$20M$15M$10M$5.0M$0Assets 2010: $7,604,960Liabilities 2010: $82,421Net Assets 2010: $7,522,5392010Assets 2011: $7,375,398Liabilities 2011: $103,460Net Assets 2011: $7,271,9382011Assets 2012: $8,061,640Liabilities 2012: $114,437Net Assets 2012: $7,947,2032012Assets 2013: $8,770,559Liabilities 2013: $94,375Net Assets 2013: $8,676,1842013Assets 2014: $9,319,576Liabilities 2014: $144,040Net Assets 2014: $9,175,5362014Assets 2015: $9,371,069Liabilities 2015: $159,761Net Assets 2015: $9,211,3082015Assets 2016: $9,605,235Liabilities 2016: $207,532Net Assets 2016: $9,397,7032016Assets 2017: $10,883,421Liabilities 2017: $225,327Net Assets 2017: $10,658,0942017Assets 2018: $10,277,353Liabilities 2018: $309,979Net Assets 2018: $9,967,3742018Assets 2019: $11,666,996Liabilities 2019: $214,832Net Assets 2019: $11,452,1642019Assets 2020: $12,349,127Liabilities 2020: $191,438Net Assets 2020: $12,157,6892020Assets 2021: $14,203,889Liabilities 2021: $306,611Net Assets 2021: $13,897,2782021Assets 2022: $11,814,956Liabilities 2022: $200,258Net Assets 2022: $11,614,6982022Assets 2023: $13,192,594Liabilities 2023: $276,724Net Assets 2023: $12,915,8702023Assets 2024: $15,636,404Liabilities 2024: $400,113Net Assets 2024: $15,236,2912024

Highlighted filing

2013

Assets$8,770,559
Liabilities$94,375
Net Assets$8,676,184
Open 2013 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $513,3212010Expenses 2011: $484,8262011Expenses 2012: $604,3522012Revenue 2013: $705,649Expenses 2013: $648,352Net Income 2013: $57,2972013Revenue 2014: $1,197,806Expenses 2014: $698,454Net Income 2014: $499,3522014Revenue 2015: $1,066,038Expenses 2015: $867,500Net Income 2015: $198,5382015Revenue 2016: $889,009Expenses 2016: $1,082,804Net Income 2016: -$193,7952016Revenue 2017: $1,249,355Expenses 2017: $1,140,802Net Income 2017: $108,5532017Revenue 2018: $1,464,406Expenses 2018: $1,215,290Net Income 2018: $249,1162018Revenue 2019: $1,247,486Expenses 2019: $1,121,974Net Income 2019: $125,5122019Revenue 2020: $1,031,917Expenses 2020: $1,101,402Net Income 2020: -$69,4852020Revenue 2021: $1,977,299Expenses 2021: $943,243Net Income 2021: $1,034,0562021Revenue 2022: $1,636,616Expenses 2022: $1,067,975Net Income 2022: $568,6412022Revenue 2023: $1,289,746Expenses 2023: $1,116,880Net Income 2023: $172,8662023Revenue 2024: $2,426,895Expenses 2024: $1,314,046Net Income 2024: $1,112,8492024

Highlighted filing

2013

Revenue$705,649
Expenses$648,352
Net Income$57,297
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 10, 2014
Return Version
2013v3.1
Gross Receipts
$6,899,160
Mission and Program Overview

Mission

The organization's mission is: 1) awarding scholarships to qualified undergraduate and/or graduate students enrolled at abet or acce accredited schools and colleges in the field of construction or construction-related engineering who demonstrate an interest in pursuing careers in the construction industry and meet the foundation's academic and extra-curricular criteria for such scholarships; 2) providing financial assistance to support teaching faculty in the field of construction or construction-related engineering at abet or acce accredited schools and colleges; and 3) awarding funding for scientific research projects or other programs deemed to be beneficial to the advancement of educational, technological, or vocational expertise in the industry with awards based in part upon recommendations of abet or acce accredited schools and colleges or other groups with special knowledge in construction or construction related-engineering.

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$7,322,547$8,344,166▲ $1,021,619
Cash and Non-Interest-Bearing Accounts$539,582$234,688▼ $304,894
Pledges and Grants Receivable$134,847$105,073▼ $29,774
Savings and Temporary Cash Investments$54,806$78,459▲ $23,653
Prepaid Expenses and Deferred Charges$458$3,602▲ $3,144
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Land, Buildings, and Equipment, Net$0--
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$8,061,640$8,770,559▲ $708,919
Other Assets Total$9,400$4,571▼ $4,829
Liabilities
Grants Payable$99,375$94,375▼ $5,000
Accounts Payable and Accrued Expenses$8,412$0▼ $8,412
Deferred Revenue$6,650$0▼ $6,650
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$114,437$94,375▼ $20,062
Net Assets / Fund Balance
Permanently Rstr Net Assets$6,534,674$6,628,265▲ $93,591
Temporarily Rstr Net Assets$798,117$1,468,162▲ $670,045
Unrestricted Net Assets$614,412$579,757▼ $34,655
Total Net Assets Fund Balance$7,947,203$8,676,184▲ $728,981
Total Liabilities and Net Assets / Fund Balance$8,061,640$8,770,559▲ $708,919

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$6,649,086$93,591▲ $854,203$286,822$7,310,058
2012$6,115,110$226,357▲ $552,610$244,991$6,649,086
2011$6,444,359$75,646▼ $173,858$231,037$6,115,110
2010$6,132,263$112,183--$6,244,446
Compensation and Service Providers
Top Officer Pay88th percentile

Board Members and Trustees

NameTitle
Jack KelleyPresident
Norman WalktonVice President
Barry PaceleyDirector
Dan FordiceDirector
Eric WilsonDirector
Harry MashburnDirector
John SchaufelbergerDirector
Jorge FuentesDirector
Leonard ToenjesDirector
Maria GuyDirector
Marty GarzaDirector
Rebecca MirskyDirector
Russell AgostaDirector
Scott HollowayDirector
Shannon SappDirector
Stephen VanderbloemenDirector
Tommy BurlesonDirector
Monique FordSecretary
Robert BowenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$298,918
Program Service Revenue
$0
Investment Income
$378,165
Other Revenue
$28,566
All Other Contributions
$290,318
Change in Net Assets
$57,297

Audited Revenue Reconciliation

Revenue per Audited Statements
$705,649
Revenue Not Reported on Form 990
$907,924
Total Revenue per Audited Statements
$1,613,573
Total Revenue per Form 990
$705,649
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$429,859
Other Expenses$173,621
Total Fundraising Expense$76,147
Professional Fundraising Fees$44,872
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$409,387--$409,387
Fees for Services Professional Fundraising--$44,872$44,872
Fees for Services Accounting-$31,750-$31,750
Conferences and Meetings-$21,346$9,621$30,967
Fees for Service Investment Mgmnt Fees-$25,599-$25,599
Other Expenses-$3,145$21,444$21,444
Grants to Domestic Orgs$20,472--$20,472
Office Expenses-$19,185$210$19,395
Travel-$15,082-$15,082
Fees for Services Other-$13,607-$13,607
Advertising-$5,644-$5,644
Information Technology-$1,426-$1,426
Total Functional Expenses$429,859$142,346$76,147$648,352

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$884,592
Expenses per Audited Statements$648,352
Total Expenses per Form 990$648,352
Expenses Not Reported on Form 990$236,240
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
94-1156617-501(c)(3)Faculty Internship$10,472
20-1917821-501(c)(3)Faculty Internship$10,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$44,872
Fundraising Gross Income$36,986
Fundraising Direct Expenses$13,624

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$21,236$21,236-$21,236
Event 2$24,350$15,750$13,624$2,126
Total Events$45,586$36,986$13,624$23,362
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Monique valentine, secretary of the board, is paid 100% by agc of america and is considered a key employee for agc of america where she serves as cfo. In addition, some board members also have a business relationship with agc as speakers for management conferences.”

Form 990, Part VI, Section A, Line 3

“The director for the foundation is fully funded by agc of america and is an agc of america employee. This individual handles all the day-to-day activities for the foundation. The executive committee is comprised of the 3 officers and shall have and may exercise all of the powers of the board of directors when the board is not in session.”

Form 990, Part VI, Section B, Line 11

“The officers are provided with a complete copy of the form 990 for review and discussion prior to filing.”

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

“Board members are required to complete the conflict of interest policy disclosure form on an annual basis to report any potential or real conflicts. Any conflicts are reviewed by the foundation officers.”

Form 990, Part VI, Section B, Line 15

“The organization has no employees itself, but utilizes agc employees. Agc consults 990's from other organizations, consults with an independent 3rd party who assisted agc in creating the mechanism by which compensation is determined.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

EIN
52-6083465
In Care Of
% MONIQUE V FORD
Phone
7035483118

Signing Officer

Name
John F Kelly
Title
President
Phone
7038930660
Signed
2014-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Norman J Walton
Formed
1968
Legal Domicile
Dc
Voting Board Members
19
Independent Board Members
18
Employees
0
Volunteers
30

Preparer

Preparer
Mike Sorrells
Phone
7038930660
Supplemental Narrative

Additional Explanations

Mission Statement - Form 990, Part I, Line 1

“The organization will achieve its mission (as stated below) by: 1) Awarding scholarships to qualified undergraduate and/or graduate students enrolled at ABET or ACCE accredited schools and colleges in the field of construction or construction -related engineering who demonstrate an interest in pursuing careers in the construction industry and meet the Foundation's academic and extra-curricular criteria for such scholarships; 2) providing financial assistance to support teaching faculty in the field of construction or construction-related engineering at ABET or ACCE accredited schools and colleges; and 3) Awarding funding for scientific research projects or other programs deemed to be beneficial to the advancement of educational, technological, or vocational expertise in the industry with awards based in part upon recommendations of ABET or ACCE accredited schools and colleges or other groups with special knowledge in construction or construction related-engineering.”

Form 990, Part XII, Line 2C

“Oversight of audit: there have been no changes during the year in the process for oversight of the audit of the financial statements.”

Form 990, Part XI, Line 9

“Special event expenses -23,362”

Financial Statement Notes

ENDOWMENT FUNDS: FORM 990, SCHEDULE D, PART V, LINE 4

“The funds are used to fund scholarships for qualifying students.”

Fin 48 Footenote - Form 990, Schedule D, Part X, Line 2

“The Foundation has been granted exemption by the Internal Revenue Service (IRS) from Federal income taxes under Section 501(c)(3) of the Internal Revenue Code. The IRS has also determined that the Foundation is not a private foundation. The Foundation is required to report unrelated business income to the IRS and the relevant state taxing authorities. The Foundation did not incur or pay any unrelated business income tax for the years ended December 31, 2013 and 2012. Under Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) 740-10, Accounting for Uncertainty in Income Taxes, the Foundation must recognize the tax benefit associated with tax positions taken for tax return purposes when it is more-likely than not that the position will be sustained. Management believes that there are no significant uncertain tax positions. The Foundation is still open to examination by U.S. tax authorities from 2010 forward. For the years ended December 31, 2013 and 2012, there was no interest or penalties recorded in the statements of activities.”

Other Amounts Included on Return - Schedule D, Part XI, Line 2D

“Special event expenses -23,362”

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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/Form990PartVIISectionAGrp/PersonNm10SCOTT HOLLOWAY
IRS990/Form990PartVIISectionAGrp/PersonNm11HARRY MASHBURN
IRS990/Form990PartVIISectionAGrp/PersonNm12REBECCA MIRSKY
IRS990/Form990PartVIISectionAGrp/PersonNm13BARRY PACELEY
IRS990/Form990PartVIISectionAGrp/PersonNm14SHANNON SAPP
IRS990/Form990PartVIISectionAGrp/PersonNm15JOHN SCHAUFELBERGER
IRS990/Form990PartVIISectionAGrp/PersonNm16LEONARD TOENJES
IRS990/Form990PartVIISectionAGrp/PersonNm17STEPHEN VANDERBLOEMEN
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IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
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IRS990/MissionDesc0The organization will achieve its mission (as stated below) by: 1) Awarding scholarships to qualified undergraduate and/or graduate students enrolled at ABET or ACCE accredited schools and colleges in the field of construction or construction -related engineering who demonstrate an interest in pursuing careers in the construction industry and meet the Foundation's academic and extra-curricular criteria for such scholarships; 2) providing financial assistance to support teaching faculty in the field of construction or construction-related engineering at ABET or ACCE accredited schools and colleges; and 3) Awarding funding for scientific research projects or other programs deemed to be beneficial to the advancement of educational, technological, or vocational expertise in the industry with awards based in part upon recommendations of ABET or ACCE accredited schools and colleges or other groups with special knowledge in construction or construction related-engineering.
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IRS990/PrincipalOfficerNm0NORMAN J WALTON
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IRS990/ProgSrvcAccomActy2Grp/Desc0Faculty internships: this program enriches the classroom experience of construction students by providing opportunities for selected faculty members to gain construction experience through summer internships with AGC member companies. The program is designed to be a partnership among the academic institution, a construction firm or organization, and the Foundation.
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IRS990/ProgSrvcAccomActy3Grp/Desc0Industry Case Studies: this program supports the growth, encouragement and development of field research initiatives in order to enhance the education of construction management students by commissioning the development of case studies that would be used in the classroom.
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,770,559
Liabilities
$94,375
Net assets
$8,676,184
Revenue
$705,649
Expenses
$648,352
Net income
$57,297
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.6$0.40$15.2$2.43$1.31$1.11
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.2$0.28$12.9$1.29$1.12$0.17
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.8$0.20$11.6$1.64$1.07$0.57
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.2$0.31$13.9$1.98$0.94$1.03
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.3$0.19$12.2$1.03$1.10$0.07
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.7$0.21$11.5$1.25$1.12$0.13
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.3$0.31$9.97$1.46$1.22$0.25
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.9$0.23$10.7$1.25$1.14$0.11
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.61$0.21$9.40$0.89$1.08$0.19
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.37$0.16$9.21$1.07$0.87$0.20
2014Detailed filing. Detailed filing data is available for this year.$9.32$0.14$9.18$1.20$0.70$0.50
2013Detailed filing. Detailed filing data is available for this year.$8.77$0.09$8.68$0.71$0.65$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.06$0.11$7.95$0.60
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.38$0.10$7.27$0.48
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.60$0.08$7.52$0.51