NC ASSOCIATION FOR CAREER AND TECHNICAL EDUCATION

EIN: 561011064

OCEAN ISLE BEACH, NC

Total Revenue
$1,391,668
Total Expenses
$1,110,602
Total Assets
$785,349
Net Assets
$747,682
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1974
Legal Domicile
NC
Principal Officer
JOHN KIRKMAN
Phone
8284069660
Tax Period
2024-01-01 to 2024-12-31

NC ASSOCIATION FOR CAREER AND TECHNICAL EDUCATION, founded in 1974, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2024. Revenue surged 35% from the prior year, signaling strong growth momentum. The organization ran a surplus of $281K, a strong 20% operating margin.

Mission

TO SERVE AS A UNIFYING AGENCY FOR PERSONNEL IN ALL TYPES OF CAREER

Program Service Accomplishments

Program 1
Expenses: $1,100,668

THE NORTH CAROLINA ASSOCIATION FOR CAREER AND TECHNICAL EDUCATION IS AN ORGANIZATIONN THAT UNITES PUBLIC SCHOOL TEACHERS IN THE STATE OF NORTH CAROLINA TO CREATE INITIATIVES TO PROMOTE THE CURRICULUM...

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THE NORTH CAROLINA ASSOCIATION FOR CAREER AND TECHNICAL EDUCATION IS AN ORGANIZATIONN THAT UNITES PUBLIC SCHOOL TEACHERS IN THE STATE OF NORTH CAROLINA TO CREATE INITIATIVES TO PROMOTE THE CURRICULUM AND PURPOSES FOR THE STATE APPROVED CURRICULUM FOR CAREER AND TECHNICAL EDUCATION. PROFESSIONAL DEVELOPMENT COURSES AND CONFERENCES ARE OFFERED THROUGHOUT THE YEAR TO SUPPORT CTE TEACHER LICENSURES AND EDUCATION KNOWLEDGE AND ADVANCEMENTS.

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $118,963
Program Service Revenue $1,262,624
Investment Income $10,081
Other Revenue $0
TOTAL REVENUE $1,391,668

Expense Breakdown

Grants Paid $4,510
Salaries & Benefits $74,400
Fundraising Expenses $0
Program Expenses $1,100,668
Other Expenses $1,031,692
TOTAL EXPENSES $1,110,602

Year-over-Year Comparison

2024 2023 Change
Revenue $1,391,668 $1,033,059 +0.3%
Expenses $1,110,602 $1,097,890 +0.0%
Net Income $281,066 $-64,831 -5.3%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
9
Independent Members
N/A
Employees
N/A
Volunteers
N/A

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
7
$24,000
Total Directors
4
$50,400
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN KIRKMAN EXECUTIVE DIRECTOR 0.00
Director
$50,400 $0 $50,400
ROBIN WARD MILLER FINANCE OFFICER 0.00
Officer
$24,000 $0 $24,000
JEFF SNEAD VP BOD 0.00
Director
$0 $0 $0
AMY WHITE VP BOD 0.00
Director
$0 $0 $0
KRISTY PROKOP VP BOD 0.00
Director
$0 $0 $0
DR JULIE PACK PAST PRESIDENT 0.00
Officer
$0 $0 $0
KELLY HOFF PRESIDENT 0.00
Officer
$0 $0 $0
RHONDA FARMER RECORDING SECRETARY 0.00
Officer
$0 $0 $0
MATT HARRIS PARLIAMENTARIAN 0.00
Officer
$0 $0 $0
HOLLY TOLSTON HISTORIAN 0.00
Officer
$0 $0 $0
CATHY BERRIER PRESIDENT ELECT 0.00
Officer
$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
2025 No data No data No data No data
2024 $1,391,668 $1,110,602 $785,349 $281,066
2023 $1,033,059 $1,097,890 $530,634 $-64,831
2022 $878,929 $796,307 $546,775 $82,622
2021 $573,702 $312,968 $464,432 $260,734
2020 $198,387 $215,820 $192,706 $-17,433
2019 $245,094 $261,262 $210,139 $-16,168
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