Support educational, research, scientific and charitable purposes in the concrete industry

501(c)(3) charity; gifts are tax-deductible.
74¢ of each $1 spent went to programs.
Run by 66 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $599K a year · 24% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
74%
of spending
Fine: 74% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
4 mo
of spending, in cash
Plus $4.6M in investments, Pt X · Ln 11–13
Looks good: 4.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
7
named funders · $1.9M
Looks good: 7 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$1K
0.02% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 9 voting members
Looks good: 8 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.3M
+6% vs prior year
Spent
$2.8M
To programs
74%
Net assets
$5.8M
By yearFY2020–FY2024
Revenue
$3.3M
FY2024▲ +6%
Tap a bar for its year
Revenue by fiscal year
FY2020$2.0M
FY2021$2.1M
FY2022$2.1M
FY2023$3.1M
FY2024$3.3M
Expenses
$2.8M
FY2024▼ -2%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.2M
FY2021$1.2M
FY2022$1.7M
FY2023$2.8M
FY2024$2.8M
Net assets
$5.8M
FY2024▲ +17%
Tap a bar for its year
Net assets by fiscal year
FY2020$3.5M
FY2021$4.3M
FY2022$4.4M
FY2023$5.0M
FY2024$5.8M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 1991.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

74 cents of each dollar spent went to programs.

Program services 74% · $2.1M Management & general 17% · $475K Fundraising 8% · $232K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

11 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Aci Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Funds concrete industry education, research, science, and charitable projects.

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Provided by the organization

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3 programs · $2.1M · in their own filed words · FY2024
01

Concrete Research Council

Manages the funding and dissemination of high-quality research on concrete materials, construction and structures, and sub-categories related to each; works with aci committees to provide endorsement of qualified projects; funds or co-funds the research program; disseminates the research product.

$977Kprogram expense
02

Scholarship Council

Establish and manage monetary awards (scholarships) for graduate and undergraduate students studying in concrete-related fields; support students who are emerging leaders and knowledge experts in the filed of concrete; acknowledge the achievement of such students.

$698Kprogram expense
03

Concrete Innovation Council

Identifies technologies (structural systems, methods, products, materials) and innovations that provide needed solutions for the concrete industry and helps implement their use when appropriate, which includes, but is not limited to financial support of research, technical document development, business cases, education and training, and…

$383Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 7 funders →
Grants paid · 110 grants · $3.5M · 2020–2024
Unitemized GrantFY2024$292,500
Unitemized GrantFY2024$86,458
Wiss Janney Elstner AssociatesFY2024$65,550
University of Texas at ArlingtonFY2024$43,125
Texas A&m Engineering Experiment StationFY2024$43,125
Unitemized GrantFY2024$26,500
American Concrete InstituteMI · FY2024$20,000
University of California DavisFY2024$14,375
North Carolina State UniversityFY2024$14,375
Kansas State UniversityKS · FY2024$14,375
Texas State UniversityFY2024$14,000
See all 110 grants →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$3.3M
Ln 12
Gifts and grantsLn 1h$2.4M
Fees for servicesLn 2g$828K
Investment incomeLn 3$69K
Money outPt IX
$2.8M
Ln 25
Programscol B$2.1M
Managementcol C$475K
Fundraisingcol D$232K
Owns and owesPt X
$5.8M
net assets · Ln 32
Cash and savingsLn 1–2$1.0M
Total assetsLn 16$5.8M
LiabilitiesLn 26$1K
PeoplePt VI, VII
11
listed · VII A
PaidVII A0
Voting boardVI 1a9
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.4M
Fees for servicesLn 2g$828K
Investment incomeLn 3$69K
Gains on assetsLn 7−$88K
Total revenueLn 12$3.3M
Assets in detailPt X, end of year
CashLn 1$551K
SavingsLn 2$486K
Cash and savings togetherLn 1–2$1.0M
InvestmentsLn 11–13$4.6M
Total assetsLn 16$5.8M
LiabilitiesLn 26$1K
Net assetsLn 32$5.8M
OperationsPt I, VI
EmployeesI 50
VolunteersI 666
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$703K$1.0M
InvestmentsLn 11–13$4.3M$4.6M
Total assetsLn 16$5.4M$5.8M
LiabilitiesLn 26$383K$1K
Net assetsLn 32$5.0M$5.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$392K$392K
Grants to domestic individualsLn 2$409K$409K
Grants and assistance to foreign recipientsLn 3$87K$87K
Pay of current officers, directors and key staffLn 5$205K$95K$62K$48K
Other salaries and wagesLn 7$503K$232K$153K$117K
Management feesLn 11a$48K$3K$9K$36K
Advertising and promotionLn 12$20K$16K$3K
Office expensesLn 13$4K$4K$733
Information technologyLn 14$12K$11K$1K
TravelLn 17$27K$16K$4K$6K
Conferences, conventions and meetingsLn 19$10K$10K
InsuranceLn 23$3K$3K
Other expenses (24a–d)Ln 24$1.0M$781K$235K$12K
All other expensesLn 24e$16K$11K$3K$2K
Total functional expensesLn 25$2.8M$2.1M$475K$232K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $3.3M$2.8M$540K$5.8M 990 PDF
FY2023 $3.1M$2.8M$309K$5.0M 990 PDF
FY2022 $2.1M$1.7M$427K$4.4M 990 PDF
FY2021 $2.1M$1.2M$965K$4.3M 990 PDF
FY2020 $2.0M$1.2M$755K$3.5M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support F · Foreign O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $3,304,228 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $2,395,940$2,407,683
I-9 Program service revenuePrior year $696,071$827,903
I-10 Investment incomePrior year $32,484$68,642
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $3,124,495$3,304,228
I-13 Grants and similar amounts paidPrior year $899,240$888,285
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $666,825$707,764
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,249,743$1,168,653
I-18 Total expensesPrior year $2,815,808$2,764,702
I-19 Revenue less expensesPrior year $308,687$539,526
Part VI · Governance 8 of 9 board members independent, no flags
VI-1a Voting members of the governing body9
VI-1b Independent voting members8
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $3,304,228 across 7 lines filed
VIII-1d Related organizations$1,636,959
VIII-1f All other contributions, gifts and grants$770,724
VIII-1h Total contributions, gifts and grants$2,407,683
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $827,903$827,903
VIII-3 Investment incomeExcluded from tax $156,529$156,529
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$87,887−$87,887
VIII-12 Total revenueRelated to mission $827,903 · Unrelated business $0 · Excluded from tax $68,642$3,304,228
Part IX · Statement of functional expenses $2,764,702 across 14 lines filed
IX-1 Grants to domestic organizationsPrograms $391,682$391,682
IX-2 Grants to domestic individualsPrograms $409,458$409,458
IX-3 Grants and assistance to foreign recipientsPrograms $87,145$87,145
IX-5 Pay of current officers, directors and key staffPrograms $94,758 · Management $62,479 · Fundraising $47,798$205,035
IX-7 Other salaries and wagesPrograms $232,339 · Management $153,192 · Fundraising $117,198$502,729
IX-11a Management feesPrograms $3,300 · Management $8,800 · Fundraising $36,163$48,263
IX-12 Advertising and promotionPrograms $16,324 · Management $3,291$19,615
IX-13 Office expensesPrograms $3,542 · Management $733$4,275
IX-14 Information technologyPrograms $10,609 · Management $1,198$11,807
IX-17 TravelPrograms $16,354 · Management $4,239 · Fundraising $6,301$26,894
IX-19 Conferences, conventions and meetingsFundraising $10,282$10,282
IX-23 InsuranceManagement $3,000$3,000
IX-24 Other expenses (24a–d)Programs $781,349 · Management $235,221 · Fundraising $11,696$1,028,266
IX-24e All other expensesPrograms $10,946 · Management $3,197 · Fundraising $2,108$16,251
IX-25 Total functional expensesPrograms $2,057,806 · Management $475,350 · Fundraising $231,546$2,764,702
Part X · Balance sheet $5,848,051 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $301,272$550,677
X-2 Savings and temporary cash investmentsStart of year $401,940$486,061
X-4 Accounts receivableStart of year $342,930$240,114
X-9 Prepaid expenses and deferred chargesStart of year $15,744$15,949
X-11 Publicly traded securitiesStart of year $1,857,810$1,789,387
X-12 Other securitiesStart of year $2,462,547$2,765,863
X-16 Total assetsStart of year $5,382,243$5,848,051
X-17 Accounts payable and accrued expensesStart of year $162,630$1,354
X-26 Total liabilitiesStart of year $382,630$1,354
X-27 Net assets without donor restrictionsStart of year $1,834,042$1,402,527
X-28 Net assets with donor restrictionsStart of year $3,165,571$4,444,170
X-32 Total net assets or fund balancesStart of year $4,999,613$5,846,697
X-33 Total liabilities and net assetsStart of year $5,382,243$5,848,051
Part XI · Reconciliation of net assets $5,846,697 net assets at year end
XI-1 Total revenue$3,304,228
XI-2 Total expenses$2,764,702
XI-3 Revenue less expenses$539,526
XI-4 Net assets at start of year$4,999,613
XI-5 Net unrealized gains (losses) on investments$307,558
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$5,846,697

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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