Aggregates Foundation for Technology Research and Education
Nonprofit profile at a glance
- EIN
- 521695809
- IRS 990-EZ coverage
- 2011–2024
- Forms available
- Form 990-EZ 2024
- Location
- Alexandria, VA, USA
- Phone
- 7035258788
- Rating
- 61
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Engineering and Technology
Reported finances
- Revenue
- $18,287
- Expenses
- $7,601
- Assets
- $158,681
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- MICHAEL W JOHNSON (PRESIDENT & CEO (UNTIL 10/11/24))
- MICHELE STANLEY (ITERIM PRES. & CEO (FROM 10/12/24))
People named in this filing
- MICHAEL W JOHNSON (PRESIDENT & CEO (UNTIL 10/11/24))
- MICHELE STANLEY (ITERIM PRES. & CEO (FROM 10/12/24))
- JIM NICKOLAS (CHAIRMAN)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Aftre's purpose is to organize and promote activities for charitable, scientific, literary or educational and training purposes, including research, studies, experiments, conferences, publications, and related activities that will improve the aggregates industry, which concerns itself to a great extent with the mining, processing and use of crushed stone, sand, and gravel in the building and highway construction industries and to receive contributions, manage the funds so received and pay them over to organizations that are qualified under section 501(c)(3) of the internal revenue code and whose activities will improve the aggregates industry.
What it reported doing in 2024
Aftre had no major program activity in 2024. It houses the jennifer curtis byler memorial fund as well as the wendt memorial fund. A $5,001 wendt memorial scholarship was awarded as part of the annual engineering or aggregates industry-related scholarship program.
Operating model
- Revenue model
- Investment-supported. 100% of the money available for current operations came from recurring investment income.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 42
- Transparency & Controls: 82
- Sustainability: 87
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 27.3%; rating input score 27
- Program expense ratio: 65.8%; rating input score 66
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 58.4%; rating input score 93; 93rd percentile among comparable filings
- Total-asset coverage ratio: 20.88; rating input score 96; 96th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -29.6% per year; rating input score 0; 13th percentile among comparable filings
- Revenue growth: 15% per year; rating input score 100; 87th percentile among comparable filings
- Asset growth: 0.9% per year; rating input score 100; 42nd percentile among comparable filings
Details
- Where the money goes: 27.3% of revenue deployed · 65.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $5K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 13 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 27/100.
- High — Growth: Program expense growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.