Carolina Asphalt Pavement Association I

Nonprofit profile at a glance

EIN
560511901
IRS 990 coverage
2012–2024
Forms available
Form 990 2024
Location
Raleigh, NC, USA
Phone
9198388004
Rating confidence
Limited

Official website

Reported finances

Revenue
$955,780
Expenses
$991,699
Assets
$1,649,144
Liabilities
$359,382

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

23 people listed

Executive titles in this filing

  • JOHN BARRETT (PRESIDENT)
  • THUMPER SWANN (VICE-PRESIDENT)
  • ELLIS POWELL (EXECUTIVE DIRECTOR)

Highest reported compensation

  • ELLIS POWELL (EXECUTIVE DIRECTOR): $351,221 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To promote the use of hot mixed asphalt, and to provide members with the services that enable them to produce high quality paving materials in the most technically and cost efficient manner. The association regularly sponsors seminars and workshops on a variety of technical subjects. Capa takes an active role in governmental affairs, representing the industry's viewpoints and concerns to various public agengies and governing bodies on environmental, engineering, and legislative issues.

What it reported doing in 2024

Capa promotes sustained and increased transportation funding for highway projects, contract resurfacing and pavement preservation. Capa believes that investing in transportation funding is the best investment of North Carolina tax dollars. It provides funds to maintain and improve our roads. It also provides jobs to design and build the projects as well as jobs in retaining and attracting business that enjoy a great transportation system.the road system is the backbone of this great state and it serves every citizen of North Carolina by providing a safe method of transportation for people, goods and services. Capa members pave the majority of North Carolina's roads, and work with, and for the North Carolina department of transportation (ncdot) to deliver their road program. Capa and ncdot constantly work together through committees and workshops, to ensure the highest standards of engineering are used in road design and construction. Capa members, also work with towns and municipalities to deliver their road programs. Capa members are honored to provide the materials and manpower to build and maintain roads in North Carolina.

Operating model

Revenue model
Earned-program. 95% of the money available for current operations came from fees and other program revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 81
  • Accountability: 100
  • Sustainability: 34
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 99.3%; rating input score 99; 49th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -3.8%; rating input score 26; 26th percentile among comparable filings
  • Total-asset coverage ratio: 1.66; rating input score 59; 59th percentile among comparable filings
  • Liabilities to assets ratio: 0.22; rating input score 30; 30th percentile among comparable filings
  • Officer compensation ratio: 35.4%; rating input score 5; 5th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 2.2% per year; rating input score 100; 26th percentile among comparable filings
  • Asset growth: 9% per year; rating input score 100; 55th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 22 of 22 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $351K · 23 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed · $100K reported
  • Consistency: 15 of 15 current checks pass
  • Schedules: 5 filed schedules · includes grants and executive pay
  • Filing history: 10 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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 — Sustainability: Operating margin scored 26/100.
  • Review — Sustainability: Total-asset coverage ratio scored 59/100.
  • High — Sustainability: Officer compensation ratio scored 5/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 30/100.