National Roofing Foundation

EIN: 362934435 501(c)(3) Education

ROSEMONT, IL

Total Revenue
$1,345,319
Total Expenses
$1,062,037
Total Assets
$14,963,412
Net Assets
$14,934,981
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1970
Legal Domicile
IL
Phone
8472999070
Tax Period
2023-06-01 to 2024-05-31

National Roofing Foundation, founded in 1970, is a community nonprofit in the Education sector that reported $1.3M in total revenue in fiscal year 2023. Revenue surged 109% from the prior year, signaling strong growth momentum. The organization ran a surplus of $283K, a strong 21% operating margin.

Mission

THE OBJECTIVES OF NRF ARE TO CONDUCT EDUCATIONAL AND RESEARCH PROJECTS WHICH SUPPORT THE HIGHEST QUALITY PROGRAMS FOR ROOFING CONTRACTORS, ENSURE TIMELY AND FORWARD-THINKING INDUSTRY RESPONSES TO MAJOR ECONOMIC AND TECHNOLOGICAL ISSUES, ENHANCE THE LONG-TERM VIABILITY AND ATTRACTIVENESS OF THE ROOFING INDUSTRY AND ADMINISTER A SCHOLARSHIP PROGRAM.

Program Service Accomplishments

Program 1
Expenses: $169,076

CONSTRUCTION MANAGEMENT: STUDENT TEAMS WHO ARE PURSUING AN EDUCATION IN THE ROOFING INDUSTRY CAN JOIN A COMPETITION TO CREATE AWARENESS AND HELP EDUCATE CONSTRUCTION MANAGEMENT STUDENTS ABOUT THE...

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CONSTRUCTION MANAGEMENT: STUDENT TEAMS WHO ARE PURSUING AN EDUCATION IN THE ROOFING INDUSTRY CAN JOIN A COMPETITION TO CREATE AWARENESS AND HELP EDUCATE CONSTRUCTION MANAGEMENT STUDENTS ABOUT THE ROOFING INDUSTRY; THE COMPETITION CHALLENGES THE STUDENTS' ROOFING KNOWLEDGE, CONSTRUCTION MANAGEMENT SKILLS, TIME MANAGEMENT, AND ORGANIZATIONAL AND PRESENTATION SKILLS.

Program 2
Expenses: $149,408

SCHOLARSHIPS AND GRANTS: THE MELVIN KRUGER ENDOWED SCHOLARSHIP PROGRAM IS OPEN TO EMPLOYEES OF NRCA CONTRACTOR AND SUPPLIER MEMBERS, THEIR SPOUSES AND THEIR DEPENDENT CHILDREN. THERE ARE 2...

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SCHOLARSHIPS AND GRANTS: THE MELVIN KRUGER ENDOWED SCHOLARSHIP PROGRAM IS OPEN TO EMPLOYEES OF NRCA CONTRACTOR AND SUPPLIER MEMBERS, THEIR SPOUSES AND THEIR DEPENDENT CHILDREN. THERE ARE 2 SCHOLARSHIP CATEGORIES. THE ACCREDITED POST-SECONDARY INSTITUTION SCHOLARSHIP: THIS $5,000 SCHOLARSHIP CATEGORY IS FOR INDIVIDUALS PLANNING TO ATTEND POST SECONDARY COLLEGES AND UNIVERSITIES AND ARE SEEKING CAREERS IN THE ROOFING OR BUILDING CONSTRUCTION INDUSTRIES (WHICH INCLUDES ARCHITECTURE; CIVIL, MECHANICAL OR STRUCTURAL ENGINEERING; CONSTRUCTION MANAGEMENT OR OCCUPATIONAL HEALTH AND SAFETY MAJORS). THE ACCREDITED CAREER TECHNICAL EDUCATION SCHOLARSHIP: STUDENTS WHO ARE PURSUING AN EDUCATION AT A VOCATIONAL OR TECHNICAL TRADE SCHOOL ARE ELIGIBLE TO APPLY. THIS $1,000 SCHOLARSHIP IS DESIGNED TO HELP STUDENTS WHO ARE SEEKING A PROFESSIONAL CAREER INSIDE THE ROOFING INDUSTRY INCLUDING BUT NOT LIMITED TO THOSE SEEKING TO BE ROOFING AND SHEET METAL INSTALLERS/FABRICATORS, CRANE AND EQUIPMENT OPERATORS, FOREMEN AND SUPERINTENDENTS, WAREHOUSE AND INVENTORY SPECIALISTS, AND OTHER ROOFING TRADE SPECIALTIES. THIS SCHOLARSHIP IS NOT DESIGNED FOR THOSE CAREERS THAT REQUIRE A FOUR-YEAR UNDERGRADUATE DEGREE.

Program 3
Expenses: $129,016

CLEMSON UNIVERSITY COURSE RESEARCH: TO DEVELOP AND IMPLEMENT AN UNDERGRADUATE/GRADUATE THREE CREDIT COLLEGE COURSE SPECIFIC TO THE ROOFING INDUSTRY THAT WILL EDUCATE STUDENTS ON THE OVERALL ROOFING...

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CLEMSON UNIVERSITY COURSE RESEARCH: TO DEVELOP AND IMPLEMENT AN UNDERGRADUATE/GRADUATE THREE CREDIT COLLEGE COURSE SPECIFIC TO THE ROOFING INDUSTRY THAT WILL EDUCATE STUDENTS ON THE OVERALL ROOFING INDUSTRY AND MAKE THEM AWARE OF THE ROOFING INDUSTRY AS A POTENTIAL CAREER OPTION AT CLEMSON UNIVERSITY'S CONSTRUCTION SCIENCE AND MANAGEMENT DEPARTMENT.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $605,117
Program Service Revenue $18,033
Investment Income $702,475
Other Revenue $19,694
TOTAL REVENUE $1,345,319

Expense Breakdown

Grants Paid $122,255
Salaries & Benefits $0
Fundraising Expenses $135,910
Program Expenses $541,835
Other Expenses $939,782
TOTAL EXPENSES $1,062,037

Year-over-Year Comparison

2023 2022 Change
Revenue $1,345,319 $643,920 +1.1%
Expenses $1,062,037 $980,998 +0.1%
Net Income $283,282 $-337,078 -1.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
17
Independent Members
17
Employees
N/A
Volunteers
17

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
5
$489,669
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A PRESIDENT 1.0
Officer Director
$0 $0 $0
N/A SECRETARY-TREASURER 1.0
Officer Director
$0 $0 $0
N/A VICE PRESIDENT 1.0
Officer Director
$0 $0 $0
N/A TRUSTEE 1.0
Director
$0 $0 $0
N/A TRUSTEE 1.0
Director
$0 $0 $0
N/A TRUSTEE 1.0
Director
$0 $0 $0
N/A TRUSTEE 1.0
Director
$0 $0 $0
N/A TRUSTEE 1.0
Director
$0 $0 $0
N/A TRUSTEE 1.0
Director
$0 $0 $0
N/A TRUSTEE 1.0
Director
$0 $0 $0
N/A FORMER PRESIDENT 1.0
Director
$0 $0 $0
N/A TRUSTEE 1.0
Director
$0 $0 $0
N/A TRUSTEE 1.0
Director
$0 $0 $0
N/A TRUSTEE 1.0
Director
$0 $0 $0
N/A TRUSTEE 1.0
Director
$0 $0 $0
N/A TRUSTEE 1.0
Director
$0 $0 $0
N/A TRUSTEE 1.0
Director
$0 $0 $0
N/A EXECUTIVE DIRECTOR 32.0
Officer
$144,482 $38,809 $219,411
N/A CFO 2.5
Officer
$0 $41,094 $270,258
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 No data No data No data No data
2024 $1,345,319 $1,062,037 $14,963,412 $283,282
2023 $643,920 $980,998 $13,338,937 $-337,078
2022 $1,824,396 $933,051 $13,958,802 $891,345
2021 $2,089,893 $639,622 $14,875,968 $1,450,271
2020 $807,992 $819,757 $12,308,343 $-11,765
2019 $1,232,074 $852,830 $11,578,476 $379,244
2018 $1,494,695 $828,377 $11,692,399 $666,318
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