American College Of The Building Arts
- Assets
- $8.2m
- Revenue
- $3.2m
- Investments
- $473.4k
- Employees
- 42
- Location
- Charleston, SC
- Founding
- 04/1999
- Data as of
- 07/2021
- EIN
- 57-1075250
Organization Overview
American College Of The Building Arts is located in Charleston, SC. The organization was established in 1999. According to its NTEE Classification (B30) the organization is classified as: Vocational & Technical Schools, under the broad grouping of Education and related organizations. As of 07/2021, American College Of The Building Arts employed 42 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American College Of The Building Arts is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 07/2021, American College Of The Building Arts generated $3.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $3.0m during the year ending 07/2021. While expenses have increased by 8.4% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE AMERICAN COLLEGE OF THE BUILDING ARTS EDUCATES AND TRAINS ARTISANS IN THE TRADITIONAL BUILDING ARTS TO FOSTER EXCEPTIONAL CRAFTSMANSHIP AND ENCOURAGE THE PRESERVATION, ENRICHMENT, (CONTINUED ON SCHEDULE O)
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE AMERICAN COLLEGE OF THE BUILDING ARTS (HEREINAFTER "ACBA- OR "THE COLLEGE") EDUCATES AND TRAINS ARTISANS IN THE TRADITIONAL BUILDING ARTS TO FOSTER EXCEPTIONAL CRAFTSMANSHIP AND ENCOURAGE THE PRESERVATION, ENRICHMENT, AND UNDERSTANDING OF THE WORLD'S ARCHITECTURAL HERITAGE THROUGH A LIBERAL ARTS AND SCIENCES EDUCATION. ACBA IS A LIBERAL ARTS & SCIENCES INSTITUTION IS LICENSED TO OFFER BOTH ASSOCIATE'S (A. A. S.) AND BACHELOR'S (B. A. S.) DEGREES. AS A LIBERAL ARTS & SCIENCES INSTITUTION, ACBA INTEGRATES GENERAL EDUCATION AND THE CRAFT SPECIALIZATIONS CURRICULA, IN ORDER TO PRODUCE THE BEST EDUCATED AND TRAINED BUILDING ARTISANS POSSIBLE. (CONTINUED ON SCHEDULE O)
THE AMERICAN COLLEGE OF THE BUILDING ARTS (HEREINAFTER "ACBA- OR "THE COLLEGE") EDUCATES AND TRAINS ARTISANS IN THE TRADITIONAL BUILDING ARTS TO FOSTER EXCEPTIONAL CRAFTSMANSHIP AND ENCOURAGE THE PRESERVATION, ENRICHMENT, AND UNDERSTANDING OF THE WORLD'S ARCHITECTURAL HERITAGE THROUGH A LIBERAL ARTS AND SCIENCES EDUCATION. ACBA IS A LIBERAL ARTS & SCIENCES INSTITUTION IS LICENSED TO OFFER BOTH ASSOCIATE'S (A. A. S.) AND BACHELOR'S (B. A. S.) DEGREES. AS A LIBERAL ARTS & SCIENCES INSTITUTION, ACBA INTEGRATES GENERAL EDUCATION AND THE CRAFT SPECIALIZATIONS CURRICULA, IN ORDER TO PRODUCE THE BEST EDUCATED AND TRAINED BUILDING ARTISANS POSSIBLE. (CONTINUED ON SCHEDULE O)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lt Gen Ret Colby M Broadwater President | Officer | 40 | $95,000 |
Piere Manigault Chair | OfficerTrustee | 2 | $0 |
John Laverne Vice Chair | OfficerTrustee | 2 | $0 |
Steve Bottcher Treasurer | OfficerTrustee | 2 | $0 |
Francine Christiansen Secretary | OfficerTrustee | 2 | $0 |
Harry B Limehouse III Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $594,560 |
| All other contributions, gifts, grants, and similar amounts not included above | $536,337 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,130,897 |
| Total Program Service Revenue | $1,818,014 |
| Investment income | $156,794 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,152,550 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $216,822 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $96,076 |
| Compensation of current officers, directors, key employees. | $43,234 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,227,846 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $96,395 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $712 |
| Fees for services: Accounting | $9,361 |
| Fees for services: Lobbying | $36,100 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $10,154 |
| Advertising and promotion | $9,584 |
| Office expenses | $67,640 |
| Information technology | $88,609 |
| Royalties | $0 |
| Occupancy | $656,594 |
| Travel | $4,333 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $49,798 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $115,577 |
| Insurance | $2,547 |
| All other expenses | $0 |
| Total functional expenses | $2,967,440 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $123,622 |
| Savings and temporary cash investments | $703,011 |
| Pledges and grants receivable | $319,215 |
| Accounts receivable, net | $206,018 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $4,410,221 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $18,115 |
| Net Land, buildings, and equipment | $1,055,037 |
| Investments—publicly traded securities | $873,432 |
| Investments—other securities | $473,407 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,182,078 |
| Accounts payable and accrued expenses | $62,118 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $3,525,372 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,587,490 |
| Net assets without donor restrictions | $3,421,156 |
| Net assets with donor restrictions | $1,173,432 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $8,182,078 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that American College Of The Building Arts has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Almeida Family Foundation Chicago, IL PURPOSE: GENERAL SUPPORT | $1,000 |
Endowment Analysis
| Beg. Balance | $699,023 |
| Earnings | $174,409 |
| Ending Balance | $873,432 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Road2hire Fort Mill, SC | $1,082,574 | $3,197,905 |
American College Of The Building Arts Charleston, SC | $8,182,078 | $3,152,550 |
Plumbers & Pipefitters Local Union No 421 Joint Training Fund North Charleston, SC | $3,214,937 | $2,045,686 |
Georgia Association For Career & Technical Education Inc Marietta, GA | $923,695 | $850,463 |
Roc Charlotte Inc Charlotte, NC | $796,896 | $491,119 |
New Classical Academy Incorporated Asheville, NC | $1,053,793 | $599,358 |
Life Training Institute Newnan, GA | $322,392 | $507,266 |
Executive Center For Economic & Educational Development Inc Greenville, NC | $148,556 | $232,972 |
Incremental Development Alliance Columbus, GA | $72,498 | $306,663 |
Southwestern Community College Foundation Inc Sylva, NC | $6,658,151 | $1,109,080 |
Oftc Foundation North Inc Sandersville, GA | $1,096,542 | $737,620 |
South Carolina Indian Development Council Inc Rock Hill, SC | $104,743 | $240,706 |