NATIONAL CONSORTIUM FOR GRADUATE DEGREES FOR MINORITIES IN ENGINEERING & SCIENCE

EIN: 310898802 501(c)(3) Education

ALEXANDRIA, VA

Total Revenue
$10,121,839
Total Expenses
$10,856,687
Total Assets
$24,826,946
Net Assets
$7,774,981
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Financial Trends

Organization Details

Formation Year
1976
Legal Domicile
IN
Principal Officer
BRENNON MARCANO
Phone
7035623646
Tax Period
2024-07-01 to 2025-06-30

NATIONAL CONSORTIUM FOR GRADUATE DEGREES FOR MINORITIES IN ENGINEERING & SCIENCE, founded in 1976, is a community nonprofit in the Education sector that reported $3.2M in total revenue in fiscal year 2017. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

TO ADVANCE DOMESTIC SCIENTIFIC IMPACT BY ENCOURAGING ALL STUDENTS TO PURSUE MASTER'S AND DOCTORAL DEGREES IN APPLIED SCIENCE AND ENGINEERING.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $9,294,897
Program Service Revenue $86,939
Investment Income $567,872
Other Revenue $172,131
TOTAL REVENUE $10,121,839

Expense Breakdown

Grants Paid $5,981,812
Salaries & Benefits $1,856,890
Fundraising Expenses $1,084,940
Program Expenses $9,022,202
Other Expenses $3,017,985
TOTAL EXPENSES $10,856,687

Year-over-Year Comparison

2024 2023 Change
Revenue $10,121,839 $10,880,181 -0.1%
Expenses $10,856,687 $10,544,174 +0.0%
Net Income $-734,848 $336,007 -3.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
13
Independent Members
12
Employees
12
Volunteers
20

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
8
$599,514
Total Directors
16
$401,849
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRENNON MARCANO CHIEF EXECUTIVE OFFICER 40.00
Officer Director
$361,078 $40,771 $401,849
STEVE ISAKOWITZ CHAIR 1.00
Officer Director
$0 $0 $0
SHERI DEPP VICE CHAIR 5.00
Officer Director
$0 $0 $0
PERCY GILBERT TRUSTEE (THRU SEP 2024); VICE CHAIR 5.00
Officer Director
$0 $0 $0
CHARLOTTE FARMER TREASURER 1.00
Officer Director
$0 $0 $0
CORDELL HARDY SECRETARY 1.00
Officer Director
$0 $0 $0
MELTEM EROL TRUSTEE 1.00
Director
$0 $0 $0
JAMES H GARRETT JR TRUSTEE 1.00
Director
$0 $0 $0
MELVIN GREER TRUSTEE (THRU SEP 2024) 1.00
Director
$0 $0 $0
RICHARD HARRIS TRUSTEE 1.00
Director
$0 $0 $0
TRENA LILLY TRUSTEE 1.00
Director
$0 $0 $0
STACEY MACNEIL TRUSTEE (THRU NOV 2024) 1.00
Director
$0 $0 $0
LINDSEY TWARDY TRUSTEE (THRU JAN 2025) 1.00
Director
$0 $0 $0
DAVID WATTS TRUSTEE 1.00
Director
$0 $0 $0
KENNETH WRIGHT TRUSTEE 1.00
Director
$0 $0 $0
JULIE YUN TRUSTEE 1.00
Director
$0 $0 $0
JAMIE D HICKS SENIOR MANAGER, ACCOUNTING 40.00
Officer
$103,490 $4,644 $108,134
ERIKA HOWELL CHIEF OPERATING OFFICER 40.00
Officer
$78,882 $10,649 $89,531
MARCUS HUGGANS EXECUTIVE DIR. OF CLIENT RELATIONS 40.00
Highest
$171,904 $41,410 $213,314
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $10,121,839 $10,856,687 $24,826,946 $-734,848
2024 No data No data No data No data
2024 No data No data No data No data
2023 $12,278,469 $8,167,658 $20,081,960 $4,110,811
2022 $13,705,738 $11,201,710 $18,162,528 $2,504,028
2021 $10,356,249 $7,357,687 $15,486,907 $2,998,562
2020 $5,968,987 $5,922,665 $10,510,311 $46,322
2019 $5,000,792 $4,630,928 $7,797,014 $369,864
2018 $3,173,079 $3,193,126 $5,644,787 $-20,047
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