Civic Intelligence

Carolina Asphalt Pavement

EIN 56-0511901 • 501(c)6 • Raleigh, NC

Profile

To promote the use of hot mixed asphalt, and to provide members with the services that enable them to produce high quality paving materials in the most technically and cost efficient manner. The association regularly sponsors seminars and workshops on a variety of technical subjects. Capa takes an active role in governmental affairs, representing the industry's viewpoints and concerns to various public agengies and governing bodies on environmental, engineering, and legislative issues.

1101 Haynes Street 209Raleigh, NC 27604

www.carolinaasphalt.org

Siviq Scores

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

Liabilities / Assets

60th percentile

0.22x

Higher debt load relative to assets than 60% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

74th percentile

0.38x

Higher debt load relative to revenue than 74% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Net Margin

24th percentile

-3.8%

Higher net margin than 24% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

26th percentile

-2.3%

Faster asset growth than 26% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

20th percentile

-3.7%

Faster revenue growth than 20% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$1,649,144

Down $38,239 (-2.3%) from 2023

Liabilities

Down

$359,382

Down $7,791 (-2.1%) from 2023

Net Assets

Down

$1,289,762

Down $30,448 (-2.3%) from 2023

Operations
Liabilities / Revenue74th percentileNet Margin24th percentile

Revenue

Down

$955,780

Down $36,700 (-3.7%) from 2023

Expenses

Up

$991,699

Up $38,009 (+4.0%) from 2023

Net Income

Down

-$35,919

Down $74,709 (-193%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth26th percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $398,195Liabilities 2011: $11,223Net Assets 2011: $386,9722011Assets 2012: $441,718Liabilities 2012: $8,213Net Assets 2012: $433,5052012Assets 2013: $519,710Liabilities 2013: $98,767Net Assets 2013: $420,9432013Assets 2014: $690,030Liabilities 2014: $110,052Net Assets 2014: $579,9782014Assets 2015: $791,142Liabilities 2015: $113,372Net Assets 2015: $677,7702015Assets 2016: $984,356Liabilities 2016: $135,038Net Assets 2016: $849,3182016Assets 2017: $1,117,401Liabilities 2017: $52,407Net Assets 2017: $1,064,9942017Assets 2018: $1,199,194Liabilities 2018: $62,244Net Assets 2018: $1,136,9502018Assets 2019: $1,360,538Liabilities 2019: $48,915Net Assets 2019: $1,311,6232019Assets 2020: $1,272,070Liabilities 2020: $12,106Net Assets 2020: $1,259,9642020Assets 2021: $1,361,344Liabilities 2021: $13,163Net Assets 2021: $1,348,1812021Assets 2022: $1,622,137Liabilities 2022: $375,878Net Assets 2022: $1,246,2592022Assets 2023: $1,687,383Liabilities 2023: $367,173Net Assets 2023: $1,320,2102023Assets 2024: $1,649,144Liabilities 2024: $359,382Net Assets 2024: $1,289,7622024

Highlighted filing

2024

Assets$1,649,144
Liabilities$359,382
Net Assets$1,289,762
Open 2024 Filing

Operations Trend

Revenue Growth20th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $682,677Expenses 2011: $634,724Net Income 2011: $47,9532011Expenses 2012: $701,4042012Revenue 2013: $680,752Expenses 2013: $685,317Net Income 2013: -$4,5652013Revenue 2014: $808,812Expenses 2014: $621,737Net Income 2014: $187,0752014Revenue 2015: $805,874Expenses 2015: $702,294Net Income 2015: $103,5802015Revenue 2016: $825,274Expenses 2016: $663,166Net Income 2016: $162,1082016Revenue 2017: $944,070Expenses 2017: $746,011Net Income 2017: $198,0592017Revenue 2018: $892,470Expenses 2018: $793,413Net Income 2018: $99,0572018Revenue 2019: $1,012,170Expenses 2019: $859,600Net Income 2019: $152,5702019Revenue 2020: $721,843Expenses 2020: $793,335Net Income 2020: -$71,4922020Revenue 2021: $779,094Expenses 2021: $702,734Net Income 2021: $76,3602021Revenue 2022: $911,906Expenses 2022: $959,455Net Income 2022: -$47,5492022Revenue 2023: $992,480Expenses 2023: $953,690Net Income 2023: $38,7902023Revenue 2024: $955,780Expenses 2024: $991,699Net Income 2024: -$35,9192024

Highlighted filing

2024

Revenue$955,780
Expenses$991,699
Net Income-$35,919
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,649,144
Liabilities
$359,382
Net assets
$1,289,762
Revenue
$955,780
Expenses
$991,699
Net income
-$35,919
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.65$0.36$1.29$0.96$0.99$0.04
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.69$0.37$1.32$0.99$0.95$0.04
2022Detailed filing. Detailed filing data is available for this year.$1.62$0.38$1.25$0.91$0.96$0.05
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.36$0.01$1.35$0.78$0.70$0.08
2020Detailed filing. Detailed filing data is available for this year.$1.27$0.01$1.26$0.72$0.79$0.07
2019Detailed filing. Detailed filing data is available for this year.$1.36$0.05$1.31$1.01$0.86$0.15
2018Detailed filing. Detailed filing data is available for this year.$1.20$0.06$1.14$0.89$0.79$0.10
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.12$0.05$1.06$0.94$0.75$0.20
2016Detailed filing. Detailed filing data is available for this year.$0.98$0.14$0.85$0.83$0.66$0.16
2015Summary only. Only limited summary data is available for this year.$0.79$0.11$0.68$0.81$0.70$0.10
2014Summary only. Only limited summary data is available for this year.$0.69$0.11$0.58$0.81$0.62$0.19
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.52$0.10$0.42$0.68$0.69$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.44$0.01$0.43$0.70
2011Summary only. Only limited summary data is available for this year.$0.40$0.01$0.39$0.68$0.63$0.05
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 31, 2025
Return Version
2024v5.2
Gross Receipts
$1,410,613
Mission and Program Overview

Mission

To promote the use of hot mixed asphalt, and to provide members with the services that enable them to produce high quality paving materials in the most technically and cost efficient manner. The association regularly sponsors seminars and workshops on a variety of technical subjects. Capa takes an active role in governmental affairs, representing the industry's viewpoints and concerns to various public agengies and governing bodies on environmental, engineering, and legislative issues.

Represent nc asphalt producers and other companies involved in the asphalt pavement industry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$795,249$669,414▼ $125,835
Savings and Temporary Cash Investments$482,338$662,028▲ $179,690
Cash and Non-Interest-Bearing Accounts$27,671$37,244▲ $9,573
Accounts Receivable$88,317$37,045▼ $51,272
Prepaid Expenses and Deferred Charges$4,615$5,939▲ $1,324
Land, Buildings, and Equipment, Net$1,545$3,699▲ $2,154
Total Assets$1,687,383$1,649,144▼ $38,239
Other Assets Total$287,648$233,775▼ $53,873
Liabilities
Other Liabilities$287,648$233,775▼ $53,873
Deferred Revenue$50,525$103,300▲ $52,775
Accounts Payable and Accrued Expenses$29,000$22,307▼ $6,693
Total Liabilities$367,173$359,382▼ $7,791
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,320,210$1,289,762▼ $30,448
Total Net Assets Fund Balance$1,320,210$1,289,762▼ $30,448
Total Liabilities and Net Assets / Fund Balance$1,687,383$1,649,144▼ $38,239

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,699$85,655$89,354
Other Assets Org$233,775--
Other Securities$35,464--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ellis PowellExecutive DirectorFT$171,009$180,212$351,221

Board Members and Trustees

NameTitle
John BarrettPresident
Thumper SwannVice-president
Allen HendricksBoard Member
Brian JonesBoard Member
Daniel LittellBoard Member
David JohnsonBoard Member
Don Dedmon SrBoard Member
Eric OgrenBoard Member
Eugene Tom Hudson JrBoard Member
John MccauleyBoard Member
Nathan RussellBoard Member
Skip PartingtonBoard Member
Tim MccoyBoard Member
Todd HuneycuttBoard Member
W Reade DawsonBoard Member
Wiley RoarkBoard Member
Ivan ClaytonMember at Large
Jeff BrownMember at Large
Larry BrickeyMember at Large
Shane ClarkMember at Large
Ty JohnsonMember at Large
Brian GurganusSecretary/treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Ken Melton & AssociatesLobbying Services224 GOLDFIELD DRIVE, Garner, NC 27529$100,500
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$892,865
Investment Income
$57,811
Other Revenue
$5,104
Change in Net Assets
$-35,919

Audited Revenue Reconciliation

Revenue per Audited Statements
$945,646
Revenue Not Reported on Financial Statements
$10,134
Revenue Not Reported on Form 990
$5,471
Total Revenue per Audited Statements
$951,117
Total Revenue per Form 990
$955,780
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$477,801
Other Expenses$413,243
Grants and Similar Amounts Paid$100,655
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$351,221
Conferences and Meetings---$102,961
Grants to Domestic Orgs---$100,655
Fees for Services Other---$100,500
Other Salaries and Wages---$90,245
Occupancy---$61,414
Advertising---$55,194
Payroll Taxes---$22,335
Office Expenses---$15,935
Travel---$15,040
Pension Plan Contributions---$14,000
Fees for Services Accounting---$13,480
Fees for Service Investment Mgmnt Fees---$10,134
Insurance---$6,891
Fees for Services Legal---$6,500
Information Technology---$3,672
Other Expenses---$2,125
Fees for Services Lobbying---$2,012
Depreciation Depletion---$1,600
Total Functional Expenses$0$0$0$991,699

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$991,699
Expenses per Audited Statements$981,565
Total Expenses per Audited Statements$981,565
Expenses Not Reported on Financial Statements$10,134
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Carolina Partnership for Reform IncRaleigh, NC501(c)(4)General Support$100,000
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$61,627
Total Nondeductible Lobbying and Political Cost$61,627
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Office Lease$233,775
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
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“A copy of the 990 is provided to all board members and is reviewed by the executive committee prior to filing.”

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

“The organization reviews the policy annually with all officers and employees.”

Form 990, Part VI, Section B, Line 15

“Standing committee that is tasked with yearly review of employees and recommendation for compensation.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, policies, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Carolina Asphalt Pavement Association I
EIN
56-0511901
Phone
9198388004
Address
1101 HAYNES STREET 209, RALEIGH, NC 27604

Signing Officer

Name
Ellis Powell
Title
Executive Director
Phone
9198388004
Signed
2025-10-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ellis Powell
Formed
1949
Legal Domicile
Nc
Voting Board Members
22
Independent Board Members
22
Employees
2
Volunteers
22

Preparer

Firm
Thomas Judy & Tucker Pa
Address
404 HUNT STREET SUITE 100, DURHAM, NC 27701
Preparer
Kristen Hoyle CPA
Phone
9195717055
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“CONSULTING 100,500.”

Part XII, Line 2C

“The organization has not changed its oversight or selection process from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“The association has adopted the provisions of fasb asc 740, income taxes. Using this guidance, tax positions initially need to be recognized in the financial statements when it is more-likely-than-not the positions will be sustained upon examination by the tax authorities. It also provides guidance for derecognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. At december 31, 2024, the association has no uncertain tax positions that qualify for either recognition or disclosure in the financial statements. The association is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.”

Raw XML AppendixShowing 400 of 538 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.

Path#Value
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IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0REPRESENT NC ASPHALT PRODUCERS AND OTHER COMPANIES INVOLVED IN THE ASPHALT PAVEMENT INDUSTRY.
IRS990/AdvertisingGrp/TotalAmt055194
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IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JENNIFER COOK
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IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0351221
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
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IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0100500
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0224 GOLDFIELD DRIVE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0GARNER
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0NC
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd027529
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0KEN MELTON & ASSOCIATES
IRS990/ContractorCompensationGrp/ServicesDesc0LOBBYING SERVICES
IRS990/CreditCounselingInd00
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IRS990/CYGrantsAndSimilarPaidAmt0100655
IRS990/CYInvestmentIncomeAmt057811
IRS990/CYOtherExpensesAmt0413243
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IRS990/CYProgramServiceRevenueAmt0892865
IRS990/CYRevenuesLessExpensesAmt0-35919
IRS990/CYSalariesCompEmpBnftPaidAmt0477801
IRS990/CYTotalExpensesAmt0991699
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IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0955780
IRS990/DecisionsSubjectToApprovaInd00
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IRS990/DeductibleNonCashContriInd00
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IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt01600
IRS990/Desc0CAPA PROMOTES SUSTAINED AND INCREASED TRANSPORTATION FUNDING FOR HIGHWAY PROJECTS, CONTRACT RESURFACING AND PAVEMENT PRESERVATION. CAPA BELIEVES THAT INVESTING IN TRANSPORTATION FUNDING IS THE BEST INVESTMENT OF NORTH CAROLINA TAX DOLLARS. IT PROVIDES FUNDS TO MAINTAIN AND IMPROVE OUR ROADS. IT ALSO PROVIDES JOBS TO DESIGN AND BUILD THE PROJECTS AS WELL AS JOBS IN RETAINING AND ATTRACTING BUSINESS THAT ENJOY A GREAT TRANSPORTATION SYSTEM.THE ROAD SYSTEM IS THE BACKBONE OF THIS GREAT STATE AND IT SERVES EVERY CITIZEN OF NORTH CAROLINA BY PROVIDING A SAFE METHOD OF TRANSPORTATION FOR PEOPLE, GOODS AND SERVICES. CAPA MEMBERS PAVE THE MAJORITY OF NORTH CAROLINA'S ROADS, AND WORK WITH, AND FOR THE NORTH CAROLINA DEPARTMENT OF TRANSPORTATION (NCDOT) TO DELIVER THEIR ROAD PROGRAM. CAPA AND NCDOT CONSTANTLY WORK TOGETHER THROUGH COMMITTEES AND WORKSHOPS, TO ENSURE THE HIGHEST STANDARDS OF ENGINEERING ARE USED IN ROAD DESIGN AND CONSTRUCTION. CAPA MEMBERS, ALSO WORK WITH TOWNS AND MUNICIPALITIES TO DELIVER THEIR ROAD PROGRAMS. CAPA MEMBERS ARE HONORED TO PROVIDE THE MATERIALS AND MANPOWER TO BUILD AND MAINTAIN ROADS IN NORTH CAROLINA.
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IRS990/EmployeeCnt02
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
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