Civic Intelligence

Associated Builders and Contractors Merit Shop Training Program Inc

990 • Fiscal year 2016 • EIN 74-2468098

Jan 01, 2016 to Dec 31, 2016 • Filed on Dec 06, 2017

7433 Leopard StCorpus Christi, TX 78409

(361) 289-1636

Siviq Scores

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

Liabilities / Assets

43rd percentile

0.06x

Higher debt load relative to assets than 43% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

53rd percentile

0.12x

Higher debt load relative to revenue than 53% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

21st percentile

-11%

Higher net margin than 21% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

82nd percentile

$144,008

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 6.1% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

23rd percentile

-4.6%

Faster asset growth than 23% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

12th percentile

-26%

Faster revenue growth than 12% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$4,963,627

Down $239,363 (-4.6%) from 2015

Net Assets

Down

$4,667,349

Down $263,519 (-5.3%) from 2015

Liabilities

Up

$296,278

Up $24,156 (+8.9%) from 2015

Revenue

Down

$2,372,704

Down $848,784 (-26%) from 2015

Expenses

Down

$2,636,223

Down $61,393 (-2.3%) from 2015

Net Income

Down

-$263,519

Down $787,391 (-150%) from 2015

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $1,420,797Liabilities 2010: $80,198Net Assets 2010: $1,340,5992010Assets 2011: $1,757,558Liabilities 2011: $67,111Net Assets 2011: $1,690,4472011Assets 2012: $5,358,636Liabilities 2012: $859,881Net Assets 2012: $4,498,7552012Assets 2013: $2,701,186Liabilities 2013: $148,143Net Assets 2013: $2,553,0432013Assets 2014: $4,555,858Liabilities 2014: $148,862Net Assets 2014: $4,406,9962014Assets 2015: $5,202,990Liabilities 2015: $272,122Net Assets 2015: $4,930,8682015Assets 2016: $4,963,627Liabilities 2016: $296,278Net Assets 2016: $4,667,3492016Assets 2017: $4,454,123Liabilities 2017: $273,790Net Assets 2017: $4,180,3332017Assets 2018: $4,003,042Liabilities 2018: $155,301Net Assets 2018: $3,847,7412018Assets 2019: $3,951,434Liabilities 2019: $170,476Net Assets 2019: $3,780,9582019Assets 2020: $7,948,060Liabilities 2020: $383,028Net Assets 2020: $7,565,0322020Assets 2021: $7,587,065Liabilities 2021: $358,122Net Assets 2021: $7,228,9432021Assets 2022: $7,019,618Liabilities 2022: $144,895Net Assets 2022: $6,874,7232022Assets 2023: $7,158,292Liabilities 2023: $97,762Net Assets 2023: $7,060,5302023Assets 2024: $7,220,549Liabilities 2024: $141,714Net Assets 2024: $7,078,8352024

Highlighted filing

2016

Assets$4,963,627
Liabilities$296,278
Net Assets$4,667,349

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2010: $1,642,9512010Expenses 2011: $1,701,8882011Expenses 2012: $1,778,6132012Revenue 2013: $6,215,660Expenses 2013: $8,161,372Net Income 2013: -$1,945,7122013Revenue 2014: $2,629,161Expenses 2014: $2,345,283Net Income 2014: $283,8782014Revenue 2015: $3,221,488Expenses 2015: $2,697,616Net Income 2015: $523,8722015Revenue 2016: $2,372,704Expenses 2016: $2,636,223Net Income 2016: -$263,5192016Revenue 2017: $1,997,728Expenses 2017: $2,484,744Net Income 2017: -$487,0162017Revenue 2018: $1,943,261Expenses 2018: $2,275,853Net Income 2018: -$332,5922018Revenue 2019: $1,827,368Expenses 2019: $1,894,151Net Income 2019: -$66,7832019Revenue 2020: $5,725,721Expenses 2020: $1,941,647Net Income 2020: $3,784,0742020Revenue 2021: $1,669,939Expenses 2021: $2,006,028Net Income 2021: -$336,0892021Revenue 2022: $1,640,303Expenses 2022: $1,994,523Net Income 2022: -$354,2202022Revenue 2023: $2,046,975Expenses 2023: $1,861,168Net Income 2023: $185,8072023Revenue 2024: $1,866,412Expenses 2024: $1,848,107Net Income 2024: $18,3052024

Highlighted filing

2016

Revenue$2,372,704
Expenses$2,636,223
Net Income-$263,519
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Dec 6, 2017
Return Version
2016v3.0
Gross Receipts
$2,372,704
Mission and Program Overview

Mission

Striving to meet the shared manpower needs of the community, business, and industry by providing education for the construction industry. Our goal is to develop craft professionals, who are experienced and capable under the highest professional standards.

The associated builders & contractors merit shop training program, inc., dba craft training center of the coastal bend strives to meet the shared manpower needs of the community, business, and industry by providing education for the construction industry. Our goal is to develop craft professionals, who are experienced and capable under the highest professional standards.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,424,271$1,795,052▲ $370,781
Savings and Temporary Cash Investments$1,751,584$1,773,150▲ $21,566
Land, Buildings, and Equipment, Net$301,244$268,121▼ $33,123
Pledges and Grants Receivable$248,041$102,577▼ $145,464
Accounts Receivable$271,205$50,657▼ $220,548
Prepaid Expenses and Deferred Charges$14,027$35,982▲ $21,955
Total Assets$5,202,990$4,963,627▼ $239,363
Other Assets Total$1,192,618$938,088▼ $254,530
Liabilities
Accounts Payable and Accrued Expenses$174,147$214,178▲ $40,031
Deferred Revenue$97,975$82,100▼ $15,875
Total Liabilities$272,122$296,278▲ $24,156
Net Assets / Fund Balance
Unrestricted Net Assets$3,174,897$3,227,374▲ $52,477
Temporarily Rstr Net Assets$1,755,971$1,439,975▼ $315,996
Total Net Assets Fund Balance$4,930,868$4,667,349▼ $263,519
Total Liabilities and Net Assets / Fund Balance$5,202,990$4,963,627▼ $239,363

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$146,212$496,218$642,430
Other Land Buildings$78,670$151,824$230,494
Leasehold Improvements$43,239$34,401$77,640
Other Assets Org$13,858--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dr Michael SandroussiPresidentFT$137,355$6,653$144,008
Marta CastanedaControllerFT$70,227$2,105$72,332

Board Members and Trustees

NameTitle
Robert ParkerChairman
Lonnie WatkinsVice-chairman
Casey LongTrustee
David MyersTrustee
John DavidsonTrustee
Kevin SharpTrustee
Kyle BuddTrustee
Sherry CarrilloTrustee
David CarlinSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$957,265
Program Service Revenue
$1,327,649
Investment Income
$22,351
Other Revenue
$65,439
All Other Contributions
$957,265
Change in Net Assets
$-263,519

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,205,850
Revenue Not Reported on Financial Statements
$166,854
Revenue Not Reported on Form 990
$20,415
Other Revenue Adjustments
$166,854
Total Revenue per Audited Statements
$2,226,265
Total Revenue per Form 990
$2,372,704
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,367,949
Salaries, Compensation, and Employee Benefits$1,268,274
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$970,700--$970,700
All Other Expenses$477,563--$477,563
Occupancy$244,000--$244,000
Current Officers, Directors, Trustees, and Key Employees$207,582--$207,582
Other Expenses$96,470--$96,470
Payroll Taxes$89,992--$89,992
Depreciation Depletion$74,702--$74,702
Fees for Services Accounting$26,835--$26,835
Advertising$25,529--$25,529
Office Expenses$18,034--$18,034
Conferences and Meetings$2,620--$2,620
Travel$1,696--$1,696
Total Functional Expenses$2,636,223$0$0$2,636,223

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$2,636,223
Expenses per Audited Statements$2,469,369
Total Expenses per Audited Statements$2,469,369
Expenses Not Reported on Financial Statements$166,854
Other Expense Adjustments$166,854
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 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 A, Line 2

Trustees are in the construction industry and conduct business together at times during the year

Form 990, Part VI, Section A, Line 6

The members elect the board of trustees annually.

Form 990, Part VI, Section A, Line 7A

The officers of the corporation shall be elected annually by the board of trustees at the first meeting of members, or as soon thereafter as conveniently possible. Vacancies may be filled or new officers positions filled at any meeting of the board of trustees. Each officer shall hold office until his successor shall have been duly elected and shall have been removed in the manner provided as follows. Any officer or agent elected or appointed by the board of trustees whenever, in its judgement, the best interests of the corporation will be served thereby, but such removal shall be without prejudice to the contract rights, if any, of the person so removed.

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

Reviewed by the board of trustees or president before filed

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

Board discloses any relationships that may cause a conflict of interest annually

Form 990, Part VI, Section B, Line 15

All raises, bonuses, and salaries are decided in executive sessions by the board of trustees

Form 990, Part VI, Section C, Line 19

Made available to the public upon request

Filing and Contact Details

Filer

Filer Name
Associated Builders and Contractors -
EIN
74-2468098
Phone
3612891636
Address
7433 LEOPARD ST, CORPUS CHRISTI, TX 78409

Signing Officer

Name
Officer
Title
Officer
Phone
3612891636
Signed
2017-12-06
Discuss with paid preparer
Yes

Organization Details

Formed
1987
Legal Domicile
TX
Voting Board Members
9
Independent Board Members
9
Employees
50
Volunteers
0

Preparer

Firm
Fields Nemec & Co Pc
Address
PO BOX 23067, CORPUS CHRISTI, TX 78403-3067
Preparer
Denny G Meyer CPA
Phone
3618837475
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Equipment rental and maintenance: program service expenses 91,823. Management and general expenses 0. Fundraising expenses 0. Total expenses 91,823. Expendable materials: program service expenses 91,527. Management and general expenses 0. Fundraising expenses 0. Total expenses 91,527. Textbooks: program service expenses 57,205. Management and general expenses 0. Fundraising expenses 0. Total expenses 57,205. Grant expenditures: program service expenses 46,892. Management and general expenses 0. Fundraising expenses 0. Total expenses 46,892. Computer support: program service expenses 41,585. Management and general expenses 0. Fundraising expenses 0. Total expenses 41,585. Drug testing: program service expenses 31,172. Management and general expenses 0. Fundraising expenses 0. Total expenses 31,172. Skills usa: program service expenses 28,857. Management and general expenses 0. Fundraising expenses 0. Total expenses 28,857. 403(b) plan expense: program service expenses 20,142. Management and general expenses 0. Fundraising expenses 0. Total expenses 20,142. Miscellaneous: program service expenses 17,728. Management and general expenses 0. Fundraising expenses 0. Total expenses 17,728. Professional development: program service expenses 13,634. Management and general expenses 0. Fundraising expenses 0. Total expenses 13,634. Bank fees: program service expenses 8,842. Management and general expenses 0. Fundraising expenses 0. Total expenses 8,842. Graduation: program service expenses 8,306. Management and general expenses 0. Fundraising expenses 0. Total expenses 8,306. Telephone: program service expenses 7,628. Management and general expenses 0. Fundraising expenses 0. Total expenses 7,628. Tools and supplies expense: program service expenses 4,564. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,564. Committee expense: program service expenses 3,543. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,543. Performance evaluations: program service expenses 1,643. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,643. Postage and shipping: program service expenses 1,477. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,477. Dues & subscriptions: program service expenses 531. Management and general expenses 0. Fundraising expenses 0. Total expenses 531. Printing and publications: program service expenses 464. Management and general expenses 0. Fundraising expenses 0. Total expenses 464.

Form 990, Part XII, Line 2C

Committee that oversees audit and selection of independent accountant and oversight for the audit is performed by the board of trustees

Financial Statement Notes

PART X, LINE 2:

The company follows fasb asc 740-10, accounting for uncertainty in income taxes, which provides guidance on accounting for uncertainty in income taxes recognized in the company's financial statements. The guidance prescribes a recognition threshold and measurement attribute for financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return, and also provides guidance on de-recognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. As of december 31, 2016, the company had no uncertain tax positions that require either recognition or disclosure in the company's financial statements. Generally, the tax years before 2013 are no longer subject to examination by the federal and state authorities.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

CONTEST EXPENSE

PART XII, LINE 4B - OTHER ADJUSTMENTS:

CONTEST EXPENSE

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IRS990/ActivityOrMissionDesc0THE ASSOCIATED BUILDERS & CONTRACTORS MERIT SHOP TRAINING PROGRAM, INC., DBA CRAFT TRAINING CENTER OF THE COASTAL BEND STRIVES TO MEET THE SHARED MANPOWER NEEDS OF THE COMMUNITY, BUSINESS, AND INDUSTRY BY PROVIDING EDUCATION FOR THE CONSTRUCTION INDUSTRY. OUR GOAL IS TO DEVELOP CRAFT PROFESSIONALS, WHO ARE EXPERIENCED AND CAPABLE UNDER THE HIGHEST PROFESSIONAL STANDARDS.
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IRS990/MissionDesc0STRIVING TO MEET THE SHARED MANPOWER NEEDS OF THE COMMUNITY, BUSINESS, AND INDUSTRY BY PROVIDING EDUCATION FOR THE CONSTRUCTION INDUSTRY. OUR GOAL IS TO DEVELOP CRAFT PROFESSIONALS, WHO ARE EXPERIENCED AND CAPABLE UNDER THE HIGHEST PROFESSIONAL STANDARDS.
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IRS990/ProgSrvcAccomActy2Grp/Desc0ACT - ABC MERIT SHOP PAYS THE COST OF TEXTBOOKS, INSTRUCTOR FEES, DRUG TESTING, AND OTHER EXPENSES FOR TRAINEES ENROLLED IN THE ACCELERATED CRAFT TRAINING PROGRAM FROM CONTRIBUTIONS
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0312697
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0CONTEST EXPENSES AND SCHOLARSHIPS - ABC MERIT SHOP RECEIVED CONTRIBUTIONS AND INCURRED EXPENSES FOR THE PURPOSE OF CONDUCTING CRAFT SPECIFIC CONTESTS AND PROVIDING SCHOLARSHIPS FOR PROGRAM COURSES.
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IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt070900
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IRS990/PYGrantsAndSimilarPaidAmt00
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IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-263519
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
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IRS990/ReportOtherAssetsInd01
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IRS990/ReportProgramRelatedInvstInd00
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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
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IRS990ScheduleD/OtherAssetsOrgGrp/Desc0PROMISES TO GIVE - CURRENT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1PROMISES TO GIVE - LONG TERM
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2ASSESSMENTS
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IRS990ScheduleD/RevenueSubtotalAmt02205850
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE COMPANY FOLLOWS FASB ASC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH PROVIDES GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE COMPANY'S FINANCIAL STATEMENTS. THE GUIDANCE PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, AND ALSO PROVIDES GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. AS OF DECEMBER 31, 2016, THE COMPANY HAD NO UNCERTAIN TAX POSITIONS THAT REQUIRE EITHER RECOGNITION OR DISCLOSURE IN THE COMPANY'S FINANCIAL STATEMENTS. GENERALLY, THE TAX YEARS BEFORE 2013 ARE NO LONGER SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1CONTEST EXPENSE
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2CONTEST EXPENSE
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0268121

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.22$0.14$7.08$1.87$1.85$0.02
2023Detailed filing. Detailed filing data is available for this year.$7.16$0.10$7.06$2.05$1.86$0.19
2022Detailed filing. Detailed filing data is available for this year.$7.02$0.14$6.87$1.64$1.99$0.35
2021Detailed filing. Detailed filing data is available for this year.$7.59$0.36$7.23$1.67$2.01$0.34
2020Detailed filing. Detailed filing data is available for this year.$7.95$0.38$7.57$5.73$1.94$3.78
2019Detailed filing. Detailed filing data is available for this year.$3.95$0.17$3.78$1.83$1.89$0.07
2018Detailed filing. Detailed filing data is available for this year.$4.00$0.16$3.85$1.94$2.28$0.33
2017Detailed filing. Detailed filing data is available for this year.$4.45$0.27$4.18$2.00$2.48$0.49
2016Detailed filing. Detailed filing data is available for this year.$4.96$0.30$4.67$2.37$2.64$0.26
2015Detailed filing. Detailed filing data is available for this year.$5.20$0.27$4.93$3.22$2.70$0.52
2014Detailed filing. Detailed filing data is available for this year.$4.56$0.15$4.41$2.63$2.35$0.28
2013Detailed filing. Detailed filing data is available for this year.$2.70$0.15$2.55$6.22$8.16$1.95
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.36$0.86$4.50$1.78
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.76$0.07$1.69$1.70
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.42$0.08$1.34$1.64
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)3 • $1M-$5M nonprofits