Civic Intelligence

Construction Education Foundation Inc.

990 • Fiscal year 2015 • EIN 75-2860266

Jul 01, 2014 to Jun 30, 2015 • Filed on Feb 15, 2016

Pobox 612107Dfw Airport, TX 75261-2107

(972) 574-5200

Siviq Scores

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

Liabilities / Assets

75th percentile

0.41x

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

70th percentile

0.32x

Higher debt load relative to revenue than 70% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

69th percentile

11%

Higher net margin than 69% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

81st percentile

$135,371

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 4.9% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

84th percentile

24%

Faster asset growth than 84% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

89th percentile

52%

Faster revenue growth than 89% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Up

$2,168,023

Up $422,626 (+24%) from 2014

Net Assets

Up

$1,277,714

Up $299,449 (+31%) from 2014

Liabilities

Up

$890,309

Up $123,177 (+16%) from 2014

Revenue

Up

$2,745,804

Up $940,807 (+52%) from 2014

Expenses

Up

$2,446,355

Up $496,057 (+25%) from 2014

Net Income

Up

$299,449

Up $444,750 (+306%) from 2014

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $1,937,776Liabilities 2010: $311,440Net Assets 2010: $1,626,3362010Assets 2011: $1,564,645Liabilities 2011: $204,641Net Assets 2011: $1,360,0042011Assets 2012: $1,627,910Liabilities 2012: $318,707Net Assets 2012: $1,309,2032012Assets 2013: $1,594,723Liabilities 2013: $471,157Net Assets 2013: $1,123,5662013Assets 2014: $1,745,397Liabilities 2014: $767,132Net Assets 2014: $978,2652014Assets 2015: $2,168,023Liabilities 2015: $890,309Net Assets 2015: $1,277,7142015Assets 2016: $2,388,781Liabilities 2016: $930,614Net Assets 2016: $1,458,1672016Assets 2017: $2,117,112Liabilities 2017: $657,944Net Assets 2017: $1,459,1682017Assets 2018: $2,290,590Liabilities 2018: $738,953Net Assets 2018: $1,551,6372018Assets 2019: $1,929,152Liabilities 2019: $335,386Net Assets 2019: $1,593,7662019Assets 2020: $1,773,818Liabilities 2020: $480,759Net Assets 2020: $1,293,0592020Assets 2021: $1,467,472Liabilities 2021: $466,603Net Assets 2021: $1,000,8692021Assets 2022: $1,967,736Liabilities 2022: $924,927Net Assets 2022: $1,042,8092022Assets 2023: $2,503,284Liabilities 2023: $1,893,613Net Assets 2023: $609,6712023Assets 2024: $2,566,489Liabilities 2024: $1,869,061Net Assets 2024: $697,4282024

Highlighted filing

2015

Assets$2,168,023
Liabilities$890,309
Net Assets$1,277,714

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,659,1512010Expenses 2011: $1,586,8862011Expenses 2012: $1,849,5882012Expenses 2013: $1,798,4212013Revenue 2014: $1,804,997Expenses 2014: $1,950,298Net Income 2014: -$145,3012014Revenue 2015: $2,745,804Expenses 2015: $2,446,355Net Income 2015: $299,4492015Revenue 2016: $2,702,511Expenses 2016: $2,522,058Net Income 2016: $180,4532016Revenue 2017: $2,712,792Expenses 2017: $2,711,791Net Income 2017: $1,0012017Revenue 2018: $3,154,336Expenses 2018: $3,061,867Net Income 2018: $92,4692018Revenue 2019: $2,944,402Expenses 2019: $2,902,273Net Income 2019: $42,1292019Revenue 2020: $2,270,031Expenses 2020: $2,570,738Net Income 2020: -$300,7072020Revenue 2021: $1,830,579Expenses 2021: $2,122,769Net Income 2021: -$292,1902021Revenue 2022: $2,286,453Expenses 2022: $2,244,513Net Income 2022: $41,9402022Revenue 2023: $2,692,728Expenses 2023: $3,125,866Net Income 2023: -$433,1382023Revenue 2024: $3,160,324Expenses 2024: $3,166,762Net Income 2024: -$6,4382024

Highlighted filing

2015

Revenue$2,745,804
Expenses$2,446,355
Net Income$299,449
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 15, 2016
Return Version
2014v6.0
Gross Receipts
$2,745,804
Mission and Program Overview

Mission

To conduct educational and skill-advancement programs for employers and employees in the construction industry.

To conduct educational and skill- advancement programs for employers and employees in the construction industry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$786,480$1,010,378▲ $223,898
Accounts Receivable$243,182$506,675▲ $263,493
Land, Buildings, and Equipment, Net$112,191$99,976▼ $12,215
Inventories for Sale or Use$43,373$40,387▼ $2,986
Prepaid Expenses and Deferred Charges$9,320$20,946▲ $11,626
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$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
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$1,745,397$2,168,023▲ $422,626
Other Assets Total$550,851$489,661▼ $61,190
Liabilities
Other Liabilities$538,703$477,513▼ $61,190
Accounts Payable and Accrued Expenses$215,423$278,973▲ $63,550
Deferred Revenue$13,006$133,823▲ $120,817
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$767,132$890,309▲ $123,177
Net Assets / Fund Balance
Unrestricted Net Assets$978,265$1,277,714▲ $299,449
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$978,265$1,277,714▲ $299,449
Total Liabilities and Net Assets / Fund Balance$1,745,397$2,168,023▲ $422,626

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$64,427$221,934$286,361
Leasehold Improvements$34,591$93,722$128,313
Other Land Buildings$958$16,694$17,652
Other Assets Org$477,513--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jane HannaPresidentFT$126,212$9,159$135,371

Board Members and Trustees

NameTitle
Tim McnewChairman
Chris PeckChairman Elect
Brad BaylisDirector
Fred WilshusenDirector
Jeff WagnerDirector
John HinsonDirector
Jon GrimeDirector
Preston PressleyDirector
Robert HodgesDirector
Ron HambyDirector
Steve LevyDirector
Terry CassidyDirector
Bruce HelmOfficer
James BelotaOfficer

Highest Paid Contractors

ContractorServicesLocationCompensation
None---
Revenue and Support

Revenue Composition

Contributions and Grants
$32,000
Program Service Revenue
$2,698,410
Investment Income
$609
Other Revenue
$14,785
All Other Contributions
$2,000
Change in Net Assets
$299,449
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,968,391
Salaries, Compensation, and Employee Benefits$477,964
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$790,247--$790,247
Other Salaries and Wages$227,291$25,254-$252,545
All Other Expenses$159,785--$159,785
Current Officers, Directors, Trustees, and Key Employees$137,163$21,279$0$158,442
Office Expenses$68,069$7,563-$75,632
Occupancy$52,573$5,841-$58,414
Depreciation Depletion$34,034$3,782-$37,816
Information Technology$33,495$3,722-$37,217
Other Employee Benefits$30,713$3,413-$34,126
Payroll Taxes$24,683$2,742-$27,425
Conferences and Meetings$23,328$2,592-$25,920
Fees for Services Accounting$22,912$2,546-$25,458
Insurance$14,684$1,632-$16,316
Fees for Services Other$7,538$838-$8,376
Pension Plan Contributions$4,883$543-$5,426
Travel$2,933$326-$3,259
Fees for Services Legal$1,386$154-$1,540
Advertising$762$85-$847
Interest$354$39-$393
Total Functional Expenses$2,364,004$82,351$0$2,446,355
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
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Dfw Contractors Funds$477,513
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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

Part VI Section B Lines 15 (A) & (B)

Policies - Process of determining compensation The executive board members determine and approve the compensation and/or raises for the executive director/President as well as all staff.

Part VI Section B Line 11

Policies - Process of reviewing 990 CEF emails the return to all members to review and discuss. Then the members meet during the board meetings to finalize the return.

Part VI Section C Line 19

Policies - Process to make documents available CEF makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Part VI Section B Line 14

Policies - Document retention and destruction policy CEF is in the process of creating a written document retention and destruction policy.

Part VI Section B Line 12C

Policies - Compliance with conflict of interest policy Annually CEF identifies how much business is done with the officers, directors, or trustees and key employees and ensures there is no conflict of interest. Also annually, the board members elected are required to sign a CEF Board of Directors Commitment Agreement. One of the commitments that the board members agree to in this agreement is to guard against any conflicts of interest, whether personal or business related.

Part VI Section A Line 7(A)

Authority to appoint members of the governing body the organization's two member sponsors, texo association and american subcontractors association, have authority to appoint member's of the organization's board.

Filing and Contact Details

Filer

Filer Name
Construction Education Foundation Inc
EIN
75-2860266
In Care Of
% JANE HANNA
Phone
9725745200
Address
POBOX 612107, DFW AIRPORT, TX 75261-2107

Signing Officer

Name
Jane Hanna
Title
President
Phone
9725745200
Signed
2016-02-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jane Hanna
Formed
1996
Legal Domicile
TX
Voting Board Members
14
Independent Board Members
14
Employees
18
Volunteers
0

Preparer

Firm
Lane Gorman Trubitt Pllc
Address
2626 HOWELL STREET SUITE 700, DALLAS, TX 75204-4064
Preparer
Lee Ann Collins
Phone
2148717500
Supplemental Narrative

Financial Statement Notes

Part X Line 2

FIN 48 (ASC 740) FOOTNOTE Both the Foundation and the Trust are tax exempt under Section 501(c)(3) of the Internal Revenue Code. The Foundation and the Trust each file an annual information return with the United States Internal Revenue Service. For the year ended June 30, 2015, the Organization had no material net unrelated business income. Accordingly, no provision for income taxes has been provided in the accompanying combined financial statements. In accordance with GAAP, the Company may recognize the tax benefit from an uncertain tax position only if it is more-likely-than-not that the tax position will be sustained on examination by taxing authorities based on the technical merits of the position. The tax benefits recognized in the combined financial statements from such a position, if any, are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. The guidance on accounting for uncertainty in income taxes also addresses derecognition, classification, interest and penalties on income taxes, and accounting in interim periods. The Organization's informational returns filed in the U.S. federal jurisdiction are generally subject to examination for three years after the later of the due date or date of filing. As a result, the Organization is no longer subject to income tax examinations by tax authorities for years prior to fiscal year 2012.

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IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt3OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt4CHAIRMAN ELECT
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
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IRS990/InsuranceGrp/ProgramServicesAmt014684
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IRS990/MoreThan5000KToOrgInd0false
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IRS990/OtherAssetsTotalGrp/EOYAmt0489661
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IRS990/OtherExpensesGrp/Desc1BOOK COST
IRS990/OtherExpensesGrp/Desc2OTHER DIRECT COSTS
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IRS990/ProgramServiceRevenueGrp/Desc2CUSTOM TRAINING
IRS990/ProgramServiceRevenueGrp/Desc3OTHER SALES
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1234959
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21279098
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3304504
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21279098
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3304504
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IRS990/PYContributionsGrantsAmt034042
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0606
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01562329
IRS990/PYOtherRevenueAmt015440
IRS990/PYProgramServiceRevenueAmt01754909
IRS990/PYRevenuesLessExpensesAmt0-145301
IRS990/PYSalariesCompEmpBnftPaidAmt0387969
IRS990/PYTotalExpensesAmt01950298
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IRS990/PYTotalRevenueAmt01804997
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IRS990/ReconcilationRevenueExpnssAmt0299449
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IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt030000
IRS990/RentalIncomeOrLossGrp/PersonalAmt00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.57$1.87$0.70$3.16$3.17$0.01
2023Detailed filing. Detailed filing data is available for this year.$2.50$1.89$0.61$2.69$3.13$0.43
2022Detailed filing. Detailed filing data is available for this year.$1.97$0.92$1.04$2.29$2.24$0.04
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.47$0.47$1.00$1.83$2.12$0.29
2020Detailed filing. Detailed filing data is available for this year.$1.77$0.48$1.29$2.27$2.57$0.30
2019Detailed filing. Detailed filing data is available for this year.$1.93$0.34$1.59$2.94$2.90$0.04
2018Detailed filing. Detailed filing data is available for this year.$2.29$0.74$1.55$3.15$3.06$0.09
2017Detailed filing. Detailed filing data is available for this year.$2.12$0.66$1.46$2.71$2.71$0.00
2016Detailed filing. Detailed filing data is available for this year.$2.39$0.93$1.46$2.70$2.52$0.18
2015Detailed filing. Detailed filing data is available for this year.$2.17$0.89$1.28$2.75$2.45$0.30
2014Detailed filing. Detailed filing data is available for this year.$1.75$0.77$0.98$1.80$1.95$0.15
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.59$0.47$1.12$1.80
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.63$0.32$1.31$1.85
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.56$0.20$1.36$1.59
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.94$0.31$1.63$1.66