Aci Foundation EIN 38-2986800 Form 990 (PDF) Claim this org

Aci Foundation FY2021 filing

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Funds concrete industry education, research, science, and charitable projects. For fiscal year 2021 it reported $2.1M in revenue, $1.2M in expenses, and $4.3M in net assets.Pt I

Type
Supporting organization · Nonprofit
Location
Farmington Hills, MI
Website
www.acifoundation.org
Filings
5 on file (2020–2021)
Revenue
$2.1MFY2021
Expenses
$1.2M
Net assets
$4.3M
People
11
Filings
5
Updates
0
More identity details & actions ⌄
EIN  38-2986800 Supporting organization Farmington Hills, MI
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
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Figures match the IRS filing checked 8/28/26 · see original: IRS
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Size
$1–10M
What they do
Funds concrete industry education, research, science, and charitable projects.
Leadership
Money in and out
$2.1M revenue, $1.2M expenses
Bottom line
+45% net inflow
Money in and out · FY2021
Total revenue
$2.1M
Pt VIII · Ln 12
Total expenses
$1.2M
Pt IX · Ln 25
Net assets
$4.3M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $965K
Where spending went · Part IX cols B–D
Program services $0.69 Management & general $0.20 Fundraising $0.11
Net inflow
+45%
revenue over expenses, this year
Pass-through gifts
91%
of revenue from contributions
Program spending
69%
of expenses reach stated programs

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$2.1M
FY2021▲ +9%
Expenses
$1.2M
FY2021▼ -3%
Total assets
$4.4M
FY2021▲ +23%
Total liabilities
$67K
FY2021▼ -21%
Total revenue
$2.1M
Pt VIII · Ln 12
Total expenses
$1.2M
Pt IX · Ln 25
Net assets
$4.3M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$965K
Total assetsPt X · Ln 16$4.4M
Program-expense ratioPt IX · col B69%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 48

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CAci Foundation
EINHdr · item D38-2986800
Principal addressHdr · item CFarmington Hills, MI
WebsiteHdr · item Jwww.acifoundation.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMI
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFJun 1991

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

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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Mission & Programs · Part III

Where the work happens

3 program services account for $798K of program spending, described in the organization's own filed words · FY2021.
01

Concrete Research Council

Encourages high quality research in concrete materials, construction and structures. Lends endorsements to qualified projects, advises on potential sponsors and shares cost of work.

$409Kprogram expense
02

Scholarship Fund

Award funds established to provide scholarships and acknowledgements of achievement for the purpose of graduate and undergraduate studies relating to concrete.

$235Kprogram expense
03

Concrete Innovation Council

Identifies technologies and innovation that are aligned with aci and industry strategies and helps implement their uses when appropriate.

$154Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$1.9M · 91%
Investment income$192K · 9%
Contributions & grants91%$1.9M
Investment income9%$192K
Program service revenue$8K
Total revenueLn 12$2.1M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.69 Management & general $0.20 Fundraising $0.11
Program services69%$814K
Management & general20%$234K
Fundraising11%$130K
Total functional expensesLn 25$1.2M

Balance Sheet

Part X · end of year
CashLn 1$689K
Total assetsLn 16$4.4M
Total liabilitiesLn 26$67K
Total net assetsLn 32$4.3M
Months of cash on handcomputed7.0

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $4.0M · Operating expenses/yr $1.2M
40.9 months
Where the money goes
Program services
Program services $814K · Total expenses $1.2M
69%
Management & General
Management & general $234K · Total expenses $1.2M
20%
Fundraising
Fundraising $130K · Total expenses $1.2M
11%
Cost to raise $1
Fundraising expense (2-yr avg) $131K · Solicited contributions (2-yr avg) $1.9M
$0.07 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $1.9M · Total revenue $2.1M
91%
Government reliance
Government grants — · Total revenue $2.1M
Earned-income share
Program service revenue $8K · Total revenue $2.1M
0.4%
Investment reliance
Investment income $192K · Total revenue $2.1M
+9%
Program self-sufficiency
Program service revenue $8K · Total expenses $1.2M
0.7%
Growth & trend
Revenue growth (YoY)
This year $2.1M · Prior year $2.0M
+9%
Net-asset trend (YoY)
End of year $4.3M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $2.1M · Expenses $1.2M
+45%
Liabilities-to-Assets
Total liabilities — · Total assets $4.4M
Net-asset ratio
Net assets $4.3M · Total assets $4.4M
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) $3.3M · Total assets (Pt X, ln 16) $4.4M
76%
People & payroll
Highest Reported Total Compensation
Individual Michael J Schneider · Reported title CHAIR · Highest reported compensation $0 · Total expenses $1.2M
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $502K · Total expenses $1.2M
43%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 69%
Overhead ratio 20%
Fundraising cost ratio 7%
Revenue growth 9%
Accounting fee ratio 0.7%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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 →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$3.3M revenue · ⤓ 990 PDF
FY2023$3.1M revenue · ⤓ 990 PDF
FY2022$2.1M revenue · ⤓ 990 PDF
FY2021$2.1M revenue · viewing · ⤓ 990 PDF
FY2020$2.0M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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