Aatcc Foundation INC EIN 56-2054922 Form 990 (PDF) Claim this org

Aatcc Foundation INC

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Promotes charitable, scientific, and educational activities in textile and chemical sciences. For fiscal year 2025 it reported $210K in revenue, $129K in expenses, and $3.1M in net assets.Pt I

Type
Public charity (501(c)(3)) · Social Science
Location
Rtp, NC
Website
www.aatcc.org
Filings
6 on file (2020–2025)
Revenue
$210KFY2025
Expenses
$129K
Net assets
$3.1M
People
9
Filings
6
Updates
0
More identity details & actions ⌄
EIN  56-2054922 Public charity (501(c)(3)) Rtp, NC
Form 990 (PDF)
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Size
$100K–1M
What they do
Promotes charitable, scientific, and educational activities in textile and chemical sciences.
Leadership
Carol Revels · At Large
Money in and out
$210K revenue, $129K expenses
Bottom line
93% program efficiency
Where the money goes · FY2025
Total revenue
$210K
Pt VIII · Ln 12
Total expenses
$129K
Pt IX · Ln 25
Net assets
$3.1M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $82K
Where spending went · Part IX cols B–D
Program services $0.93 Management & general $0.07
Program efficiency
93%
of spending reaches programs+0.5% vs prior filing year
Operating runway
293.2mo
months of highly liquid reserves at operating expense rate▲ +9% vs prior filing year
Surplus margin
+39%
revenue over expenses, this year▲ +729% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$210K
FY2025▲ +89%
Expenses
$129K
FY2025▲ +9%
Total assets
$3.1M
FY2025▲ +18%
Total liabilities
$0
FY2025
Total revenue
$210K
Pt VIII · Ln 12
Total expenses
$129K
Pt IX · Ln 25
Net assets
$3.1M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$82K
Total assetsPt X · Ln 16$3.1M
Program-expense ratioPt IX · col B93%
Voting members of governing bodyPt I · Ln 316
Independent voting membersPt I · Ln 415

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CAatcc Foundation INC
EINHdr · item D56-2054922
Principal addressHdr · item CRtp, NC
WebsiteHdr · item Jwww.aatcc.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFSocial Science (V20)
Ruling yearIRS BMFFeb 1998

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a16
Independent voting membersPt VI · Ln 1b15
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 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
At Large
$0Pt VII · Sec A
Emeritus President
$0Pt VII · Sec A
Emeritus Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $120K of program spending, described in the organization's own filed words · FY2025.
01

The creation and dissemination of education programs and materials and to develop skills of individuals through scholarships and grants to provide benefits to the general public.

$120Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$156K · 74%
Investment income$54K · 26%
Contributions & grants74%$156K
Investment income26%$54K
Total revenueLn 12$210K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.93 Management & general $0.07
Program services93%$120K
Management & general7%$9K
Total functional expensesLn 25$129K

Balance Sheet

Part X · end of year
CashLn 1$5K
Total assetsLn 16$3.1M
Total liabilitiesLn 26$0
Total net assetsLn 32$3.1M
Months of cash on handcomputed0.5

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $3.1M · Operating expenses/yr $129K
293.2 months
Where the money goes
Program services
Program services $120K · Total expenses $129K
93%
Management & General
Management & general $9K · Total expenses $129K
7%
Fundraising
Fundraising $0 · Total expenses $129K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $93K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $156K · Total revenue $210K
74%
Government reliance
Government grants — · Total revenue $210K
Earned-income share
Program service revenue $0 · Total revenue $210K
0%
Investment reliance
Investment income $54K · Total revenue $210K
+26%
Program self-sufficiency
Program service revenue $0 · Total expenses $129K
0%
Growth & trend
Revenue growth (YoY)
This year $210K · Prior year $111K
+89%
Revenue CAGR
FY2020 $348K · FY2025 $210K
-10%
Net-asset trend (YoY)
End of year $3.1M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $210K · Expenses $129K
+39%
Liabilities-to-Assets
Total liabilities — · Total assets $3.1M
Net-asset ratio
Net assets $3.1M · Total assets $3.1M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $3.1M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $3.1M
100%
People & payroll
Highest Reported Total Compensation
Individual Carol Revels · Reported title At Large · Highest reported compensation $0 · Total expenses $129K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $129K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 93%
Overhead ratio 7%
Fundraising cost ratio 0%
Revenue growth 89%

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 · FY2025
Total grants receivedfrom 1 funder$6K
Grants paid · 8 grants · $466K · 2020–2025
Unitemized GrantFY2025$119,536
Unitemized GrantFY2024$109,450
Unitemized GrantFY2023$109,000
Unitemized GrantFY2021$109,500
Unitemized GrantFY2021$9,900
Unitemized GrantFY2020$2,884
Unitemized GrantFY2020$2,884
Unitemized GrantFY2020$2,884

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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
FY2025 (Latest)$210K revenue · viewing · ⤓ 990 PDF
FY2024$111K revenue · ⤓ 990 PDF
FY2023$148K revenue · ⤓ 990 PDF
FY2022$122K revenue · ⤓ 990 PDF
FY2021$270K revenue · ⤓ 990 PDF
FY2020$348K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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