Technology Student Association of Nc

Nonprofit profile at a glance

EIN
561253606
IRS 990 coverage
2023–2023
Forms available
Form 990 2023, Form 990-EZ 2022
Location
Boone, NC, USA
Phone
3366924794
Rating
80
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$433,503
Expenses
$414,722
Assets
$123,319
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

19 people listed

Executive titles in this filing

  • MR JOHN BUTLER (PRESIDENT)
  • DR STEVEN MILLER (PRESIDENT EL)

Highest reported compensation

  • DR JERIANNE TAYLOR (EXECUTIVE DI): $22,000 total reported compensation
  • MRS NATALIE TYLER (EVENTS COORD): $9,000 total reported compensation
  • MRS NATALIE HULBERT (SECRETARY): $6,500 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Technology student association of North Carolina (nctsa) is a career and technical student organization (ctso) for sixth - twelfth grade students enrolled or previously enrolled in a technology, engineering & design or computer science & information technology course or approved career and technical education program in the state of North Carolina. Functioning through the state delegation and local chapters, nctsa has as its purposes: - to provide opportunities for development of leadership through active participation in chapter activities. - to foster high standards of craftsmanship, scholarship, fellowship and ethics. - to instill desirable habits and attitudes in students that foster a deep respect for the dignity of work. - to increase the knowledge and understanding of our technological world. - explore technology, engineering and design and develop an understanding of technological & engineering literacy. - develop, through individual and team work, the ability of members to pla

What it reported doing in 2023

The technology student association of North Carolina is dedicated to encouraging and assisting students to develop technological, leadership and problem solving skills. Tsa is recognized by the u.s. Dept of education, many state education agencies, the national association of secondary school principals, the international technology education association and the national coordinating council of career and technical student organizations.

Operating model

Revenue model
Donor-supported. 84% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 92
  • Accountability: 77
  • Sustainability: 42
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 89.2%; rating input score 89
  • Program expense ratio: 93.3%; rating input score 93
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd 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

Accountability

  • Independent voting board: 88.2%; rating input score 88; 24th percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 4.3%; rating input score 51; 51st percentile among comparable filings
  • Total-asset coverage ratio: 0.3; rating input score 16; 16th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 81; 81st percentile among comparable filings
  • Officer compensation ratio: 9%; rating input score 30; 30th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 9.7% per year; rating input score 100; 71st percentile among comparable filings
  • Asset growth: 8.3% per year; rating input score 100; 60th percentile among comparable filings

Details

  • Where the money goes: 89.2% of revenue deployed · 93.3% of spending went to programs
  • Governance: 15 of 17 board members independent · 5 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $387K in reported program spending
  • Leadership: top reported pay $22K · 19 people listed
  • Consistency: 19 of 19 current checks pass
  • Schedules: 3 filed schedules · includes major donors
  • Contacts: How to reach this organization
  • Money network: 6 filed money-flow records
  • 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.

  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 16/100.
  • Review — Sustainability: Operating margin scored 51/100.
  • Moderate — Sustainability: Officer compensation ratio scored 30/100.