AGC EDUCATION AND RESEARCH foundation inc

EIN: 526083465 501(c)(3)

ARLINGTON, VA

Total Revenue
$1,289,746
Total Expenses
$1,116,880
Total Assets
$13,192,594
Net Assets
$12,915,870
🔒

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
1968
Legal Domicile
DC
Principal Officer
FRANCIS W MADIGAN III
Phone
7035483118
Tax Period
2023-01-01 to 2023-12-31

AGC EDUCATION AND RESEARCH foundation inc, founded in 1968, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2023. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $1.1M left a modest 13% surplus.

Mission

THE ORGANIZATION'S MISSION IS: 1) AWARDING SCHOLARSHIPS TO QUALIFIED UNDERGRADUATE AND/OR GRADUATE STUDENTS ENROLLED AT ABET OR ACCE ACCREDITED SCHOOLS AND COLLEGES IN THE FIELD OF CONSTRUCTION OR CONSTRUCTION-RELATED ENGINEERING WHO DEMONSTRATE AN INTEREST IN PURSUING CAREERS IN THE CONSTRUCTION INDUSTRY AND MEET THE FOUNDATION'S ACADEMIC AND EXTRA-CURRICULAR CRITERIA FOR SUCH SCHOLARSHIPS; 2) PROVIDING FINANCIAL ASSISTANCE TO SUPPORT TEACHING FACULTY IN THE FIELD OF CONSTRUCTION OR CONSTRUCTION-RELATED ENGINEERING AT ABET OR ACCE ACCREDITED SCHOOLS AND COLLEGES; AND 3) AWARDING FUNDING FOR SCIENTIFIC RESEARCH PROJECTS OR OTHER PROGRAMS DEEMED TO BE BENEFICIAL TO THE ADVANCEMENT OF EDUCATIONAL, TECHNOLOGICAL, OR VOCATIONAL EXPERTISE IN THE INDUSTRY WITH AWARDS BASED IN PART UPON RECOMMENDATIONS OF ABET OR ACCE ACCREDITED SCHOOLS AND COLLEGES OR OTHER GROUPS WITH SPECIAL KNOWLEDGE IN CONSTRUCTION OR CONSTRUCTION RELATED-ENGINEERING.

Program Service Accomplishments

Program 1
Expenses: $686,269 Revenue: $0

SCHOLARSHIP, AWARD AND GRANT PROGRAM - THE SCHOLARSHIP, AWARD AND GRANTS PROGRAMS RECOGNIZE QUALIFYING STUDENTS AND UNIVERSITIES, WHO ARE INTERESTED IN CONSTRUCTION AND CIVIL ENGINEERING...

Read more

SCHOLARSHIP, AWARD AND GRANT PROGRAM - THE SCHOLARSHIP, AWARD AND GRANTS PROGRAMS RECOGNIZE QUALIFYING STUDENTS AND UNIVERSITIES, WHO ARE INTERESTED IN CONSTRUCTION AND CIVIL ENGINEERING. SCHOLARSHIPS, AWARDS, AND GRANTS ARE MADE ON THE BASIS OF DEMONSTRATION OF INTEREST IN THE CONSTRUCTION INDUSTRY, SCHOLASTIC OR TEACHING QUALIFICATIONS, AND THE STUDENT OR TEACHER'S NEED FOR FINANCIAL ASSISTANCE. SCHOLARSHIPS WERE AWARDED TO 163 UNDERGRADUATE AND GRADUATE STUDENTS AND TO 26 TO CRAFT/TECHNICAL TRAINING STUDENTS DURING 2023.

Program 2
Expenses: $40,573 Revenue: $0

INDUSTRY RESIDENCY PROGRAM - THIS PROGRAM ENRICHES THE CLASSROOM EXPERIENCE OF CONSTRUCTION STUDENTS BY PROVIDING OPPORTUNITIES FOR SELECTED FACULTY MEMBERS TO GAIN CONSTRUCTION EXPERIENCE THROUGH...

Read more

INDUSTRY RESIDENCY PROGRAM - THIS PROGRAM ENRICHES THE CLASSROOM EXPERIENCE OF CONSTRUCTION STUDENTS BY PROVIDING OPPORTUNITIES FOR SELECTED FACULTY MEMBERS TO GAIN CONSTRUCTION EXPERIENCE THROUGH SUMMER INTERNSHIPS WITH AGC MEMBER COMPANIES. THE PROGRAM IS DESIGNED TO BE A PARTNERSHIP AMONG THE ACADEMIC INSTITUTION, A CONSTRUCTION FIRM OR ORGANIZATION, AND THE FOUNDATION. THE FOUNDATION PARTNERED WITH FOUR AGC MEMBER COMPANIES AND PROFESSORS IN 2023.

Program 3
Expenses: $15,000 Revenue: $0

Industry case studies are written by faculty-contractor AGC member teams and based on actual experience providing students with the opportunity to work through issues in a classroom environment.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $810,298
Program Service Revenue $0
Investment Income $460,754
Other Revenue $18,694
TOTAL REVENUE $1,289,746

Expense Breakdown

Grants Paid $692,820
Salaries & Benefits $105,865
Fundraising Expenses $38,301
Program Expenses $756,339
Other Expenses $318,195
TOTAL EXPENSES $1,116,880

Year-over-Year Comparison

2023 2022 Change
Revenue $1,289,746 $1,636,616 -0.2%
Expenses $1,116,880 $1,067,975 +0.0%
Net Income $172,866 $568,641 -0.7%
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
20
Independent Members
19
Employees
N/A
Volunteers
21

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
4
$345,175
Total Directors
20
$345,175
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Christine Souders SECRETARY (AS OF 7/1/23) 10.0
Officer Director
$0 $47,744 $345,175
FRANCIS W MADIGAN III PRESIDENT 5.0
Officer Director
$0 $0 $0
PHILIP E BECK VICE PRESIDENT 5.0
Officer Director
$0 $0 $0
MARYANNE GUIDO TREASURER 2.5
Officer Director
$0 $0 $0
Joseph Charczenko Jr DIRECTOR 1.0
Director
$0 $0 $0
CAROLINE CLEVENGER DIRECTOR 1.0
Director
$0 $0 $0
Amy Hall DIRECTOR 1.0
Director
$0 $0 $0
DAVID HANSON DIRECTOR 1.0
Director
$0 $0 $0
ROBERT C LANHAM DIRECTOR 1.0
Director
$0 $0 $0
DOUG MAIBACH DIRECTOR 1.0
Director
$0 $0 $0
Ken Naquin DIRECTOR 1.0
Director
$0 $0 $0
ASHLEY PHELPS DIRECTOR 1.0
Director
$0 $0 $0
ZOFIA RYBKOWSKI DIRECTOR 1.0
Director
$0 $0 $0
SHANNON SAPP DIRECTOR 1.0
Director
$0 $0 $0
W MILTON SMITH DIRECTOR 1.0
Director
$0 $0 $0
LESTER C SNYDER III DIRECTOR 1.0
Director
$0 $0 $0
EDDIE STEWART DIRECTOR 1.0
Director
$0 $0 $0
LEONARD P TOENJES DIRECTOR 1.0
Director
$0 $0 $0
STEPHEN C VANDERBLOEMEN DIRECTOR 1.0
Director
$0 $0 $0
Rachel Wilber DIRECTOR 1.0
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 No data No data No data No data
2023 $1,289,746 $1,116,880 $13,192,594 $172,866
2022 $1,636,616 $1,067,975 $11,814,956 $568,641
2021 $1,977,299 $943,243 $14,203,889 $1,034,056
2020 $1,031,917 $1,101,402 $12,349,127 $-69,485
2019 $1,247,486 $1,121,974 $11,666,996 $125,512
2018 $1,464,406 $1,215,290 $10,277,353 $249,116
Explore More Nonprofits
→Top 100 Nonprofits in Virginia →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare AGC EDUCATION AND RESEARCH foundation inc with other nonprofits in Virginia and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.