CONSTRUCTION EDUCATION FOUNDATION OF MINNESOTA

EIN: 411836567 501(c)(3) Education

EDEN PRAIRIE, MN

Total Revenue
$581,548
Total Expenses
$408,561
Total Assets
$1,060,148
Net Assets
$755,843
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
MN
Principal Officer
BRAD BERLIN
Phone
9529418693
Tax Period
2024-01-01 to 2024-12-31

CONSTRUCTION EDUCATION FOUNDATION OF MINNESOTA, founded in 1996, is a small nonprofit in the Education sector that reported $582K in total revenue in fiscal year 2024. The organization ran a surplus of $173K, a strong 30% operating margin.

Mission

TO PROVIDE EDUCATIONAL PROGRAMS DESIGNED TO EXPAND KNOWLEDGE IN CONSTRUCTION AND CONSTRUCTION SAFETY AREAS.

Program Service Accomplishments

Program 1
Expenses: $348,600 Revenue: $568,917

OFFERS EDUCATIONAL PROGRAMS TO EXPAND KNOWLEDGE IN CONSTRUCTION AREAS.1. CRAFT TRAINING: PROVIDE ACCESS TO AND SUPPORT FOR ABC MEMBERS TO UTILIZE THE NCCER CURRICULUM TO TRAIN THEIR NON-REGISTERED...

Read more

OFFERS EDUCATIONAL PROGRAMS TO EXPAND KNOWLEDGE IN CONSTRUCTION AREAS.1. CRAFT TRAINING: PROVIDE ACCESS TO AND SUPPORT FOR ABC MEMBERS TO UTILIZE THE NCCER CURRICULUM TO TRAIN THEIR NON-REGISTERED APPRENTICE CRAFTSPEOPLE.2. REGISTERED APPRENTICESHIP (MN): AS DESCRIBED IN THE AGREEMENT AND DECLARATION OF TRUST CREATING THE CONSTRUCTION EDUCATION FOUNDATION OF MINNESOTA (THE "TRUST AGREEMENT"), THE TRUSTEES OF THE CEF "FUND A BONA FIDE APPRENTICESHIP TRAINING PROGRAM AND CRAFT TRAINING PROGRAM SPONSORED BY MINNESOTA CHAPTER OF ASSOCIATED BUILDERS AND CONTRACTORS, INC., BY ESTABLISHING A SYSTEM OF VOLUNTARY CONTRIBUTIONS BY CONTRIBUTING EMPLOYERS TO THIS TRUST FUND WHICH CONTRIBUTIONS WILL BE USED TO PAY THE OPERATING EXPENSES OF APPRENTICESHIP TRAINING AND OTHER CRAFT TRAINING PROGRAMS RELATIVE TO THE CONSTRUCTION INDUSTRY IN MINNESOTA." THIS INCLUDES PROVIDING ACCESS TO AND SUPPORT FOR ABC MEMBERS TO UTILIZE THE NCCER CURRICULUM TO TRAIN THEIR REGISTERED APPRENTICE CRAFTSPEOPLE, REGISTER APPRENTICES WITH MN DLI UNDER CEF STANDARDS OF APPRENTICESHIP, TRACK OJT AND RTI PROGRESS, TRACK SAFETY TRAINING, TRACK ADHERENCE TO WAGE SCHEDULES, PREPARE ANNUAL COMPLIANCE REVIEW FOR MN DLI.3. REGISTERED APPRENTICESHIP (ND): REGISTER APPRENTICES WITH THEUNITED STATES DEPARTMENT OF LABOR ("DOL") UNDER ABC STANDARDS OFAPPRENTICESHIP, PROVIDE RTI THROUGH LOCAL TECH SCHOOL, TRACK OJT ANDRTI PROGRESS, TRACK ADHERENCE TO WAGE SCHEDULES, PREPARE COMPLIANCEREVIEW FOR DOL.4. COMMUNITY OUTREACH: PARTICIPATE IN OUTREACH EVENTS BOTH INPARTNERSHIP WITH PROJECT BUILD MN AND REPRESENTING CEF. MAKEPRESENTATIONS AT CAREER FAIRS, CBO TRAINING PROGRAMS, CONSTRUCTIONTEACHER CONFERENCE, AND WITH INDUSTRY PARTNERS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,000
Program Service Revenue $449,463
Investment Income $131,085
Other Revenue $0
TOTAL REVENUE $581,548

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $348,600
Other Expenses $408,561
TOTAL EXPENSES $408,561

Year-over-Year Comparison

2024 2023 Change
Revenue $581,548 $554,176 +0.0%
Expenses $408,561 $480,796 -0.2%
Net Income $172,987 $73,380 +1.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
5

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
3
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRAD BERLIN TREASURER 1.00
Officer Director
$0 $0 $0
KARL VON KNOBELSDORFF SECRETARY 1.00
Officer Director
$0 $0 $0
NATE BASINGER CHAIR 1.00
Officer Director
$0 $0 $0
KEVIN PALMER TRUSTEE 1.00
Director
$0 $0 $0
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
2024 $581,548 $408,561 $1,060,148 $172,987
2023 $554,176 $480,796 $808,126 $73,380
2022 $473,132 $422,746 $685,046 $50,386
2021 $431,644 $344,705 $578,573 $86,939
2020 $457,586 $408,666 $441,994 $48,920
2019 $523,128 $470,429 $464,824 $52,699
2018 $517,668 $454,789 $424,016 $62,879
Explore More Nonprofits
Top 100 Nonprofits in Minnesota Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare CONSTRUCTION EDUCATION FOUNDATION OF MINNESOTA with other nonprofits in Minnesota and across the country.