NATIONAL ASPHALT PAVEMENT ASSOC RE… - Form 990 Financial Data

🔒

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

Financial Trends

Organization Details

Formation Year

1978

Legal Domicile

Principal Officer

AUDREY COPELAND

Phone

3017314748

Tax Period

2023-01-01 to 2023-12-31

NATIONAL ASPHALT PAVEMENT ASSOC RESEARCH & EDUCATION FOUNDATIONINC, founded in 1978, is a small nonprofit in the Community Improvement sector that reported $375K in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum. Net assets of $5.2M represent 168 months of operating reserves.

Mission

TO RAISE, MANAGE AND DISBURSE FUNDS TO CONDUCT AND IMPLEMENT RESEARCH AND EDUCATION PROGRAMS TO IMPROVE THE KNOWLEDGE, UNDERSTANDING AND SKILLS IN TECHNICAL AND MANAGEMENT AREAS RELATED TO ASPHALT DESIGN AND CONSTRUCTION.

Program Service Accomplishments

Program 1

Expenses: $228,800

ASPHALT INDUSTRY SCHOLARSHIP PROGRAM: THE ASPHALT INDUSTRY SCHOLARSHIP PROGRAM WAS INITIATED IN 1994 TO ENCOURAGE YOUNG PEOPLE TO TAKE ELECTIVE COURSES IN ASPHALT TECHNOLOGY AND MANAGEMENT, AND TO...

ASPHALT INDUSTRY SCHOLARSHIP PROGRAM: THE ASPHALT INDUSTRY SCHOLARSHIP PROGRAM WAS INITIATED IN 1994 TO ENCOURAGE YOUNG PEOPLE TO TAKE ELECTIVE COURSES IN ASPHALT TECHNOLOGY AND MANAGEMENT, AND TO ENCOURAGE INSTITUTIONS TO MAKE SUCH COURSES AVAILABLE. ASPHALT COMPANIES AND THE INDUSTRY BENEFIT AS STUDENTS WHO GO ON TO FORGE CAREERS IN PUBLIC WORKS AT THE MUNICIPAL, COUNTY, STATE, AND NATIONAL LEVELS ARE WELL ACQUAINTED WITH ASPHALT TECHNOLOGY.

Program 2

Expenses: $60,000

NAPA CARE PROGRAM: THE NAPA CARE EMERGENCY BENEVOLENT FUND PROVIDES IMMEDIATE FINANCIAL ASSISTANCE TO NAPA MEMBER EMPLOYEE FAMILIES WHO HAVE SUFFERED A FATALITY IN AN ASPHALT WORK ZONE OR PLANT SITE.

Program 3

Expenses: $29,500

PROFESSOR TRAINING PROGRAM: THE PROFESSOR TRAINING PROGRAM IS A FIVE-DAY COURSE CONSISTING OF INTENSIVE LECTURES, LABORATORY EXERCISES, AND DISCUSSIONS TO INVESTIGATE ALL PHASES OF ASPHALT TECHNOLOGY IN CIVIL ENGINEERING PROGRAMS. NCAT OFFERS A SIMILAR ASPHALT ENGINEERING WORKSHOP. THE PROFESSOR TRAINING PROGRAM IS HELD EVERY OTHER YEAR AND ROTATES WITH NCAT'S ASPHALT ENGINEERING WORKSHOP.

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $149,226

Program Service Revenue $0

Investment Income $216,059

Other Revenue $9,678

TOTAL REVENUE $374,963

Expense Breakdown

Grants Paid $318,300

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $318,300

Other Expenses $54,049

TOTAL EXPENSES $372,349

Year-over-Year Comparison

	2023	2022	Change
Revenue	$374,963	$303,267	+0.2%
Expenses	$372,349	$397,352	-0.1%
Net Income	$2,614	$-94,085	-1.0%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

$877,996

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES WINFORD	CHAIRMAN	1.00	Officer Director	$0	$0	$0
DANIEL J GALLAGHER	SECRETARY	1.00	Officer Director	$0	$0	$0
JAMES A MITCHELL	TREASURER	1.00	Officer Director	$0	$0	$0
JOHN J KEATING	TRUSTEE	1.00	Director	$0	$0	$0
KURT BECHTHOLD	TRUSTEE	1.00	Director	$0	$0	$0
JOHN L HARPER	TRUSTEE	1.00	Director	$0	$0	$0
BAXTER BURNS	TRUSTEE	1.00	Director	$0	$0	$0
RON SINES	TRUSTEE	1.00	Director	$0	$0	$0
VINCE HAFELI	TRUSTEE	1.00	Director	$0	$0	$0
PAULA G SHUFORD	TRUSTEE	1.00	Director	$0	$0	$0
CHRISTIAN ZIMMERMAN	TRUSTEE	1.00	Director	$0	$0	$0
BRADY D MELDREM	TRUSTEE	1.00	Director	$0	$0	$0
PATRICK NELSON	TRUSTEE	1.00	Director	$0	$0	$0
AUDREY COPELAND	PRESIDENT & CEO	2.50	Officer	$0	$103,643	$588,771
MELANIE RICHARDSON	VP OF FINANCE & OPERATIONS	5.00	Officer	$0	$79,283	$289,225

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	No data	No data	No data	No data
2023	$374,963	$372,349	$5,234,510	$2,614
2022	$303,267	$397,352	$4,985,842	$-94,085
2021	$388,872	$446,413	$5,964,767	$-57,541
2020	$334,786	$346,987	$5,722,651	$-12,201
2019	$286,351	$295,261	$5,489,620	$-8,910
2018	$1,228,523	$258,191	$5,173,420	$970,332

NATIONAL ASPHALT PAVEMENT ASSOC RESEARCH & EDUCATION FOUNDATIONINC