NATIONAL CAREER TECHNICAL EDUCATION FOUNDATION

EIN: 731086246 501(c)(3)

SILVER SPRING, MD

Total Revenue
$3,096,775
Total Expenses
$3,215,480
Total Assets
$6,135,507
Net Assets
$5,694,612
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1980
Legal Domicile
MD
Principal Officer
KATE BLOSVEREN KREAMER
Phone
3015889630
Tax Period
2024-07-01 to 2025-06-30

NATIONAL CAREER TECHNICAL EDUCATION FOUNDATION, founded in 1980, is a community nonprofit that reported $3.1M in total revenue in fiscal year 2024. Revenue fell 23% from the prior year — a significant decline worth monitoring.

Mission

TO FOSTER THE SUPPORTS, RESOURCES AND PERSPECTIVES NECESSARY TO ENSURE HIGH-QUALITY CTE IS ADVANCED THROUGHOUT THE COUNTRY, LEADING TO A HIGHLY-SKILLED WORKFORCE AND PRODUCTIVE ECONOMY.

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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 $2,956,494
Program Service Revenue $12,171
Investment Income $128,110
Other Revenue $0
TOTAL REVENUE $3,096,775

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,992,774
Fundraising Expenses $27,812
Program Expenses $2,887,425
Other Expenses $1,222,706
TOTAL EXPENSES $3,215,480

Year-over-Year Comparison

2024 2023 Change
Revenue $3,096,775 $3,997,435 -0.2%
Expenses $3,215,480 $3,150,386 +0.0%
Net Income $-118,705 $847,049 -1.1%
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
7
Independent Members
7
Employees
27
Volunteers
7

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
$476,933
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THALEA LONGHURST PRESIDENT 0.50
Officer Director
$0 $0 $0
KAYLA ELLIOT PUBLIC MEMBER 0.30
Director
$0 $0 $0
NICK RODRIGUEZ PUBLIC MEMBER 0.30
Director
$0 $0 $0
WENDI SAFSTROM PUBLIC MEMBER 0.30
Director
$0 $0 $0
KATIE GRAHAM PAST PRESIDENT 0.30
Director
$0 $0 $0
BRITTNEY WILLIAMS VICE PRESIDENT 0.50
Director
$0 $0 $0
JACQUE TREASTER SECRETARY-TREASURER 0.30
Director
$0 $0 $0
KATE BLOSVEREN KREAMER EXECUTIVE DIRECTOR 33.00
Officer
$0 $33,430 $279,545
EMILY J PASSIAS DEPUTY EXECUTIVE DIRECTOR 40.00
Officer
$0 $24,966 $197,388
STEPHANIE D WHITE DIRECTOR OF MEMBERSHIP ENGAGEMENT & PROF. LEARNING 40.00
Highest
$0 $17,063 $125,909
TUNISHA HOBSON SENIOR ADVISOR, PEOPLE AND LEADERSHIP DEVELOPMENT 40.00
Highest
$0 $18,995 $131,348
NITHYA GOVINDASAMY SENIOR DIRECTOR, POLICY 40.00
Highest
$0 $21,948 $159,548
KEVIN JOHNSON SENIOR ADVISOR 40.00
Highest
$0 $23,112 $134,436
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 $3,096,775 $3,215,480 $6,135,507 $-118,705
2024 $3,997,435 $3,150,386 $5,909,459 $847,049
2023 $3,399,218 $3,229,486 $4,433,505 $169,732
2022 $2,771,999 $2,472,230 $4,188,431 $299,769
2021 $1,785,752 $2,427,484 $3,872,765 $-641,732
2020 $3,429,942 $1,537,074 $3,877,653 $1,892,868
2019 $2,329,268 $1,451,772 $2,165,484 $877,496
2018 $1,275,760 $761,250 $1,177,472 $514,510
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