Civic Intelligence

American College of the Building

EIN 57-1075250 • 501(c)3 • Charleston, SC

Profile

The american college of the building arts (hereinafter "acba- or "the college") educates and trains artisans in the traditional building arts to foster exceptional craftsmanship and encourage the preservation, enrichment, and understanding of the world's architectural heritage through a liberal arts and sciences education.

649 Meeting StreetCharleston, SC 29403

americancollegeofthebuildingart

Siviq Scores

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

Liabilities / Assets

74th percentile

0.47x

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

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

85th percentile

1.39x

Higher debt load relative to revenue than 85% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

49th percentile

4.1%

Higher net margin than 49% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

34th percentile

$141,264

Higher top officer pay than 34% of similar nonprofits.

Top officer pay equals 3.0% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

76th percentile

14%

Faster asset growth than 76% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

71st percentile

20%

Faster revenue growth than 71% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Up

$13,596,498

Up $1,717,778 (+14%) from 2023

Liabilities

Up

$6,438,890

Up $1,652,403 (+35%) from 2023

Net Assets

Up

$7,157,608

Up $65,375 (+0.9%) from 2023

Revenue

Up

$4,646,910

Up $790,266 (+20%) from 2023

Expenses

Up

$4,458,431

Up $778,076 (+21%) from 2023

Net Income

Up

$188,479

Up $12,190 (+6.9%) from 2023

Trend Graphs

Balance Sheet Trend

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

$15M$10M$5.0M$0-$5.0MAssets 2011: $1,785,180Liabilities 2011: $3,908,545Net Assets 2011: -$2,123,3652011Assets 2012: $2,407,722Liabilities 2012: $3,480,162Net Assets 2012: -$1,072,4402012Assets 2013: $2,805,645Liabilities 2013: $3,504,513Net Assets 2013: -$698,8682013Assets 2014: $3,501,287Liabilities 2014: $3,459,611Net Assets 2014: $41,6762014Assets 2015: $8,174,423Liabilities 2015: $4,456,245Net Assets 2015: $3,718,1782015Assets 2016: $8,501,565Liabilities 2016: $4,176,575Net Assets 2016: $4,324,9902016Assets 2017: $9,791,647Liabilities 2017: $5,458,029Net Assets 2017: $4,333,6182017Assets 2018: $9,563,836Liabilities 2018: $5,214,281Net Assets 2018: $4,349,5552018Assets 2019: $9,194,710Liabilities 2019: $4,841,121Net Assets 2019: $4,353,5892019Assets 2020: $7,981,366Liabilities 2020: $3,625,646Net Assets 2020: $4,355,7202020Assets 2021: $8,182,078Liabilities 2021: $3,587,490Net Assets 2021: $4,594,5882021Assets 2022: $11,057,895Liabilities 2022: $3,707,970Net Assets 2022: $7,349,9252022Assets 2023: $11,878,720Liabilities 2023: $4,786,487Net Assets 2023: $7,092,2332023Assets 2024: $13,596,498Liabilities 2024: $6,438,890Net Assets 2024: $7,157,6082024

Highlighted filing

2024

Assets$13,596,498
Liabilities$6,438,890
Net Assets$7,157,608

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $1,600,010Expenses 2011: $1,640,360Net Income 2011: -$40,3502011Expenses 2012: $1,933,1702012Expenses 2013: $1,495,0892013Revenue 2014: $2,293,572Expenses 2014: $1,553,028Net Income 2014: $740,5442014Revenue 2015: $5,269,346Expenses 2015: $1,580,644Net Income 2015: $3,688,7022015Revenue 2016: $2,432,155Expenses 2016: $1,825,343Net Income 2016: $606,8122016Revenue 2017: $2,055,120Expenses 2017: $2,036,617Net Income 2017: $18,5032017Revenue 2018: $3,017,879Expenses 2018: $2,393,865Net Income 2018: $624,0142018Revenue 2019: $2,881,901Expenses 2019: $2,560,249Net Income 2019: $321,6522019Revenue 2020: $3,073,378Expenses 2020: $2,971,508Net Income 2020: $101,8702020Revenue 2021: $3,152,550Expenses 2021: $2,967,440Net Income 2021: $185,1102021Revenue 2022: $4,754,308Expenses 2022: $3,008,311Net Income 2022: $1,745,9972022Revenue 2023: $3,856,644Expenses 2023: $3,680,355Net Income 2023: $176,2892023Revenue 2024: $4,646,910Expenses 2024: $4,458,431Net Income 2024: $188,4792024

Highlighted filing

2024

Revenue$4,646,910
Expenses$4,458,431
Net Income$188,479

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.6$6.44$7.16$4.65$4.46$0.19
2023Summary only. Only limited summary data is available for this year.$11.9$4.79$7.09$3.86$3.68$0.18
2022Summary only. Only limited summary data is available for this year.$11.1$3.71$7.35$4.75$3.01$1.75
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.18$3.59$4.59$3.15$2.97$0.19
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.98$3.63$4.36$3.07$2.97$0.10
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.19$4.84$4.35$2.88$2.56$0.32
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.56$5.21$4.35$3.02$2.39$0.62
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.79$5.46$4.33$2.06$2.04$0.02
2016Detailed filing. Detailed filing data is available for this year.$8.50$4.18$4.32$2.43$1.83$0.61
2015Summary only. Only limited summary data is available for this year.$8.17$4.46$3.72$5.27$1.58$3.69
2014Detailed filing. Detailed filing data is available for this year.$3.50$3.46$0.04$2.29$1.55$0.74
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.81$3.50$0.70$1.50
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.41$3.48$1.07$1.93
2011Summary only. Only limited summary data is available for this year.$1.79$3.91$2.12$1.60$1.64$0.04
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Aug 1, 2023 to Jul 31, 2024
Signed
Jun 16, 2025
Return Version
2023v6.0
Gross Receipts
$4,978,251
Mission and Program Overview

Mission

The american college of the building arts (hereinafter "acba- or "the college") educates and trains artisans in the traditional building arts to foster exceptional craftsmanship and encourage the preservation, enrichment, and understanding of the world's architectural heritage through a liberal arts and sciences education.

The american college of the building arts educates and trains artisans in the traditional building arts to foster exceptional craftsmanship and encourage the preservation, enrichment, (continued on schedule o)

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$7,035,329$9,155,457▲ $2,120,128
Investments in Publicly Traded Securities$2,997,792$1,991,496▼ $1,006,296
Savings and Temporary Cash Investments-$863,423-
Other Notes and Loans Receivable, Net$586,328$596,125▲ $9,797
Accounts Receivable$414,672$376,248▼ $38,424
Investments Other Securities$358,402$291,635▼ $66,767
Cash and Non-Interest-Bearing Accounts$287,795$138,727▼ $149,068
Prepaid Expenses and Deferred Charges$47,836$78,579▲ $30,743
Pledges and Grants Receivable$98,934$61,434▼ $37,500
Total Assets$11,878,720$13,596,498▲ $1,717,778
Other Assets Total$51,632$43,374▼ $8,258
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,540,404$6,145,771▲ $1,605,367
Accounts Payable and Accrued Expenses$246,083$293,119▲ $47,036
Total Liabilities$4,786,487$6,438,890▲ $1,652,403
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,309,730$5,166,112▼ $143,618
Net Assets With Donor Restrictions$1,782,503$1,991,496▲ $208,993
Total Net Assets Fund Balance$7,092,233$7,157,608▲ $65,375
Total Liabilities and Net Assets / Fund Balance$11,878,720$13,596,498▲ $1,717,778

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,919,159$772,604$7,691,763
Leasehold Improvements$1,009,135$240,665$1,249,800
Equipment$217,172$957,591$1,174,763
Land$973,768-$973,768
Other Land Buildings$36,223$232,255$268,478

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$1,782,503-▲ $208,993-$1,991,496
2022$1,706,560-▲ $75,943-$1,782,503
2021$873,472$1,100,000▼ $266,872-$1,706,560
2020$699,023-▲ $174,409-$873,432
2019$591,575$20,000▲ $87,448-$699,023
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lt Gen Ret Colby M BroadwaterPresidentFT$141,264-$141,264
Chad UrbanCFOFT$118,248$13,692$131,940
Anthony RazziProfessorFT$106,266$8,112$114,378
Revenue and Support

Revenue Composition

Contributions and Grants
$1,413,232
Program Service Revenue
$3,039,907
Investment Income
$186,985
Other Revenue
$6,786
All Other Contributions
$913,232
Change in Net Assets
$188,479

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Cars and Other Vehicles2$32,068Fair Market Value
Total Noncash Contributions2$32,068-

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,646,910
Revenue Not Reported on Form 990
$-471,076
Total Revenue per Audited Statements
$4,175,834
Total Revenue per Form 990
$4,646,910
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,167,327
Other Expenses$1,844,172
Grants and Similar Amounts Paid$446,932
Total Fundraising Expense$154,746
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,463,348$49,989$84,251$1,597,588
Grants to Domestic Individuals$446,932--$446,932
Occupancy$387,693$37,690$18,845$444,228
Current Officers, Directors, Trustees, and Key Employees$108,887$136,738$24,050$269,675
Travel$269,011--$269,011
Depreciation Depletion$206,967$4,267$2,134$213,368
Other Employee Benefits$133,249$15,825$9,179$158,253
Payroll Taxes$119,405$14,181$8,225$141,811
Insurance$112,598$6,606$911$120,115
Advertising$102,610--$102,610
Conferences and Meetings$95,438--$95,438
Information Technology$63,834$20,652$3,492$87,978
Fees for Services Other$61,212--$61,212
Fees for Services Lobbying-$36,000-$36,000
Office Expenses$10,315$21,825$3,659$35,799
Fees for Services Accounting-$9,950-$9,950
Other Expenses$4,170--$4,170
Fees for Services Legal-$1,034-$1,034
Total Functional Expenses$3,948,928$354,757$154,746$4,458,431

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$4,458,431
Total Expenses per Audited Statements$4,110,459
Expenses per Audited Statements$4,011,499
Expenses Not Reported on Financial Statements$446,932
Other Expense Adjustments$446,932
Expenses Not Reported on Form 990$98,960
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
Yes
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
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

Form 990 is reviewed by management with questions and modifications provided to the preparer. Once updated, the form 990 is provided to the board for a comment period. Once complete, and questions anawered, and changes, if any, made, the form 990 is filed.

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

The board encourages transparency in relation to conflicts of interest with its board and employees. All members are required to sign of on this policy annually.

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

The president's compensation is reviewed for reasonableness annually, and is approved by the board of directors.

Form 990, Page 6, Part VI, Line 18

The organization's form 990 is available for public inspection at its corporate offices upon request.

Form 990, Page 6, Part VI, Line 19

The college provides access to its governing documents, conflict of interest policy and financial statements at its corporate offices upon request.

Filing and Contact Details

Filer

Filer Name
American College of the Building
EIN
57-1075250
Phone
8435775245
Address
649 MEETING STREET, CHARLESTON, SC 29403

Signing Officer

Name
Lt Gen Ret Colby M Broadwater
Title
President
Phone
8435775245
Signed
2025-06-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lt Gen Ret Colby M Broadwater
Formed
1999
Legal Domicile
Sc
Voting Board Members
20
Independent Board Members
20
Employees
30
Volunteers
90

Preparer

Firm
Glaser and Company LLC
Address
1859 SUMMERVILLE AVE STE 800, CHARLESTON, SC 29405
Preparer
Erik M Glaser CPA
Phone
8438490179
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The american college of the building arts educates and trains artisans in the traditional building arts to foster exceptional craftsmanship and encourage the preservation, enrichment, and understanding of the world's architectural heritage through a liberal arts education.

Form 990

Continued from page 1, part 1, line 1: and understanding of the worlds architectural heritage through a liberal arts education.

Form 990, Part III

Continued from page 2, part iii, line 4a: the college seeks applicants who have a passion for the building arts, and have both the skill and academic background to succeed in the program. A diverse student body is sought from a national pool of candidates. The college is student-focused and provides a community in which the students can engage in creative and intellectual inquiry. In september 2018, acba earned national accreditation from the accrediting commission of career schools and colleges. Vision of the college the american college of the building arts will be the leading resource in higher education dedicated to the innovative and continued practice, study and promotion of the building arts. To achieve acbas mission we will be governed by the following five strategic objectives: life: long-term success will be based upon the development of a committed and inspired community which is dedicated to fulfill the mission of the college. Achieve and excel: establish accredited academic programs that result in superior student competencies in a liberal arts and building arts major that affords our students a range of post-graduation options and offers exceptional opportunities for the colleges broader constituents. Learning objectives: seek opportunities to create or establish successful educational learning outcomes. Outreach and development of educated artisans: inspire future students and supporters by encouraging and promoting the building arts in the united states and throughout the world. Resources: identify, develop, and manage resources whether human, economic, or physical in order to meet the mission that ensures directed growth of the institution. College history american college of the building arts was founded in the aftermath of hurricane hugo, which struck the southeastern coast of the united states in 1989. The devastating category four hurricane damaged or destroyed many historical coastal-carolina buildings and left much of charlestons iron, plaster and fine wood work in disrepair. It took ten years to rebuild and restore the citys damaged homes and historical buildings, in part, because of a shortage of skilled artisans. In 1999, in response to this gap in the building arts, a group of local movers and shakers planted the seeds that led to the founding of acba. Initially, classes and workshops that focused on the building arts were offered at a number of different charleston area locations. However, the original educational model proved difficult to execute, and the college founders regrouped to establish a degree-granting college, integrating the american liberal arts degree model with the artisan teaching styles of europe. In 2004, acba was licensed by the south carolina commission on higher education to recruit students for a bachelor of applied science and an associate of applied science in the building arts. In 2009 the college awarded its first degrees to seven students. During these same years, acba reconfigured its administration, hiring current president, lt. Gen. (ret.) colby m. Broadwater iii and other administrative team members with strong business experience. Campus history the first classes were offered at several different locations in and around the city of charleston, including the old charleston district jail, which became the colleges primary location for 17 years. Carpentry and forged architectural iron craft specializations were housed at a separate site. The jail was originally constructed in 1802 and expanded in 1855 to include living quarters for the warden and jailers on the street side and an octagonal rear wing. Many infamous inmates were housed in the prison, including high seas pirates, the female mass murderer lavinia fischer and denmark vesey, a free african american who plotted a slave rebellion that was discovered before it could be executed. During the civil war both confederate and union prisoners were incarcerated within its walls. Although it had no electricity or running

Form 990, Part XI, Line 9

Scholarships -446,932 bad debts -93,250 scholarships 446,932 bad debts 0 total -93,250

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

Endowment is to be used to support the college's scholarship programs.

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

SCHOLARSHIPS -446,932

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

BAD DEBTS 93,250

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

SCHOLARSHIPS 446,932

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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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