North Alabama Craft Training Foundation

Nonprofit profile at a glance

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

7 people listed

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

To ensure the existence of a quality local workforce- instructor fees, course materials, training facilities, etc.

Revenue model: Mixed. Its operating money came from several sources; no one source provided a clear majority.
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 available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Consistency checks: 90%; rating input score 90; 9th percentile among comparable filings
Pay-setting controls: Limited
Foreign activity oversight: Limited
Grant itemization coverage: Limited
Major donor itemization: Yes; rating input score 100
Related-party transparency: Limited

Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
Governance controls: 5 of 7 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail

Operating margin: 6.8%; rating input score 54; 54th percentile among comparable filings
Total-asset coverage ratio: 2.25; rating input score 62; 62nd percentile among comparable filings
Liabilities to assets ratio: 0.06; rating input score 31; 31st percentile among comparable filings
Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Program expense growth: 9.2% per year; rating input score 100; 68th percentile among comparable filings
Revenue growth: 12.9% per year; rating input score 100; 79th percentile among comparable filings
Asset growth: 20.2% per year; rating input score 100; 85th percentile among comparable filings

Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
Governance: 7 of 7 board members independent · 5 of 7 filing controls reported
Programs: 1 filed program accomplishment
Leadership: top reported pay $0 · 7 people listed
Consistency: 9 of 9 current checks pass
Schedules: 3 filed schedules · includes major donors
Filing history: 7 filing years from 2018 to 2024
Contacts: How to reach this organization
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.

Signals prioritize questions for review. They are not findings of misconduct.

Review — Accountability: Governance controls: Independent financial-statement audit not reported.
Review — Sustainability: Operating margin scored 54/100.
Moderate — Sustainability: Liabilities to assets ratio scored 31/100.