Overview
What is Construction Education Foundation Inc?
Construction Education Foundation Inc, based in DFW Airport, Texas, is a nonprofit organization dedicated to fostering educational and skill advancement within the construction industry. Their primary mission is to offer a range of training programs, including craft and apprenticeship education, school-to-career initiatives, safety classes, and career development studies. These programs aim to equip students pursuing careers in construction with the necessary skills and knowledge. With a focus on both employers and employees, Construction Education Foundation Inc strives to enhance the overall quality and safety of the construction industry through its educational efforts, boasting a workforce of 37 individuals.
Official website here: www.ntcef.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Construction Education Foundation Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in its overall performance. With an overall score of 62%, the organization demonstrates strong governance through 100% independent board membership and the absence of material asset diversion. Its program expense ratio is commendable at 73.80%, suggesting a focus on programmatic activities rather than administrative costs.
However, the foundation has notable weaknesses in its financial management and transparency. The liabilities to assets ratio is concerning at 75.64%, and the organization did not provide financial statements that were subjected to review or compilation, which raises questions about financial oversight. Additionally, the absence of a document retention and destruction policy, as well as the failure to post tax forms on its website, points to areas where the foundation could enhance its accountability and transparency.
Overall, while the Construction Education Foundation Inc exhibits some strong practices regarding board independence and program focus, it faces critical challenges in financial oversight and public reporting that the organization should address to improve its rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Construction Education Foundation Inc legitimate?
Construction Education Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Construction Education Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $196,312
Professional Fundraising Fees: $0
Other Salaries and Wages: $173,387
For more financial information, click here
Official website here: www.ntcef.org
What is the mission statement of Construction Education Foundation Inc?
The Construction Education Foundation Inc is dedicated to conducting educational and skill-advancement programs aimed at benefiting both employers and employees within the construction industry. Their mission encompasses providing craft/apprenticeship training, school-to-career programs, safety classes, and career development studies for students aspiring to build careers in the construction sector. Their objective is to equip the future workforce with necessary skills and knowledge to contribute positively to the construction industry.
Official website here: www.ntcef.org
Who is the CEO of Construction Education Foundation Inc?
Jane Hanna is the President of Construction Education Foundation Inc.
Official website here: www.ntcef.org
What is the revenue of Construction Education Foundation Inc?
Construction Education Foundation Inc's revenue in 2022 was $2,286,453.
Official website here: www.ntcef.org
Who are the executives of Construction Education Foundation Inc and what are their salaries?
The average compensation at Construction Education Foundation Inc during 2022 was $9,992. There are 37 employees at Construction Education Foundation Inc.
Here are 15 key members and their salaries:
- Compensation: $172,713
- Related: $0
- Other: $11,092
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.ntcef.org
Where can I find the form 990 for Construction Education Foundation Inc?
Construction Education Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ntcef.org
Learn more at the official website: www.ntcef.org
Mission Statement of Construction Education Foundation Inc
Construction Education Foundation Inc, a notable entity in its field, is committed to conducting educational and skill-advancement programs. Its mission is primarily focused on serving employers and employees within the construction industry. By offering diverse training programs, the foundation aims to enhance the competency and proficiency of individuals pursuing careers in this sector. These programs extend from craft and apprenticeship training to school-to-career initiatives, safety classes, and career development studies. The ultimate goal is to equip the construction industry workforce with the necessary skills to excel in their roles, thereby contributing to the industry's growth and success.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Construction Education Foundation Inc's impact is significant in the construction industry. By conducting educational and skill-advancement programs for both employers and employees, this organization plays a crucial role in enhancing the capabilities and expertise of individuals involved in construction. Through craft/apprenticeship training, school to career programs, safety classes, and career development studies, Construction Education Foundation Inc contributes to the professional growth and success of those pursuing careers in the construction field. Based in DFW Airport, TX, their mission to advance education in the construction industry is reflected in their dedication to providing valuable learning opportunities for industry professionals.
This information is meant to be a general summary of Construction Education Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3,090
- Program Service Revenue: $1,753,155
- Gross Receipts: $2,411,797
Assets and Liabilities:
- Total Assets: $1,967,736
- Total Liabilities: $924,927
- Net Assets: $1,042,809
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$807,526
OTHER SALES
Revenue
$550,437
CUSTOM TRAINING
Revenue
$395,192
Organization Details
Founding Year
1996
Phone
(972) 574-5200Principal Officer
Jane Hanna
Main Address
PO BOX 612107, DFW AIRPORT, TX, 752612107
Website
www.ntcef.orgNTEE Category
Code: B60 - Education
If you are a representative of Construction Education Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.