Nccco Foundation INC EIN 83-1349117 Form 990 (PDF) Claim this org

Nccco Foundation INC

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Protects people near cranes and lifting equipment through health and safety initiatives. For fiscal year 2024 it reported $748K in revenue, $573K in expenses, and $666K in net assets.Pt I

Type
Supporting organization · Community Development
Location
Murray, UT
Filings
5 on file (2020–2024)
Revenue
$748KFY2024
Expenses
$573K
Net assets
$666K
People
9
Filings
5
Updates
0
More identity details & actions ⌄
EIN  83-1349117 Supporting organization Murray, UT
Form 990 (PDF)
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Size
$100K–1M
What they do
Protects people near cranes and lifting equipment through health and safety initiatives.
Leadership
Thomas Sicklesteel · Ex Officio Member
Money in and out
$748K revenue, $573K expenses
Bottom line
+23% net inflow
Money in and out · FY2024
Total revenue
$748K
Pt VIII · Ln 12
Total expenses
$573K
Pt IX · Ln 25
Net assets
$666K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $175K
Where spending went · Part IX cols B–D
Program services $0.92 Management & general $0.08
Net inflow
+23%
revenue over expenses, this year▼ -51% vs prior filing year
Pass-through gifts
96%
of revenue from contributions▼ -2% vs prior filing year
Program spending
92%
of expenses reach stated programs▲ +11% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$748K
FY2024▲ +2%
Expenses
$573K
FY2024▲ +50%
Total assets
$708K
FY2024▲ +25%
Total liabilities
$42K
FY2024▼ -43%
Total revenue
$748K
Pt VIII · Ln 12
Total expenses
$573K
Pt IX · Ln 25
Net assets
$666K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$175K
Total assetsPt X · Ln 16$708K
Program-expense ratioPt IX · col B92%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47
Mission & Programs · Part III

Where the work happens

3 program services account for $525K of program spending, described in the organization's own filed words · FY2024.
01

Workforce Development-The Charity seeks to promote the potential of the crane and rigging industries as career options to students and others. Examples include the development and distribution of resources, videos, and information explaining the various careers available in the crane and lifting industry including potential career…

$263Kprogram expense
02

Research

The Charity sponsors original research into safety and workforce matters affecting the crane and related industries. Examples of research studies conducted include: identification of common safety hazards in the crane industry, exploratory workforce research to understand several topics of interest, including the demographic makeup of…

$192Kprogram expense
03

Education

The Charity seeks to educate the industries it serves through educational programming. Examples include organizing the Annual Industry Forum on Personnel Qualifications; soliciting content for the tri-annual CONEXPO construction equipment education program; developing and hosting regular free educational webinars on workforce, safety…

$70Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CNccco Foundation INC
EINHdr · item D83-1349117
Principal addressHdr · item CMurray, UT
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MUT
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S12)
Ruling yearIRS BMFApr 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
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
Ex Officio Member
$0Pt VII · Sec A
Director & President
$0Pt VII · Sec A
Director & Vice President
$0Pt VII · Sec A
Director & Secretary/Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$720K · 96%
Investment income$28K · 4%
Contributions & grants96%$720K
Investment income4%$28K
Total revenueLn 12$748K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.92 Management & general $0.08
Program services92%$525K
Management & general8%$48K
Total functional expensesLn 25$573K

Balance Sheet

Part X · end of year
CashLn 1$636K
Total assetsLn 16$708K
Total liabilitiesLn 26$42K
Total net assetsLn 32$666K
Months of cash on handcomputed13.3

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $636K · Operating expenses/yr $573K
13.3 months
Where the money goes
Program services
Program services $525K · Total expenses $573K
92%
Management & General
Management & general $48K · Total expenses $573K
8%
Fundraising
Fundraising $0 · Total expenses $573K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $7K · Solicited contributions (3-yr avg) $720K
$0.01 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $720K · Total revenue $748K
96%
Government reliance
Government grants — · Total revenue $748K
Earned-income share
Program service revenue $0 · Total revenue $748K
0%
Investment reliance
Investment income $28K · Total revenue $748K
+4%
Program self-sufficiency
Program service revenue $0 · Total expenses $573K
0%
Growth & trend
Revenue growth (YoY)
This year $748K · Prior year $734K
+2%
Revenue CAGR
FY2020 $185K · FY2024 $748K
+42%
Net-asset trend (YoY)
End of year $666K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $748K · Expenses $573K
+23%
Liabilities-to-Assets
Total liabilities — · Total assets $708K
Net-asset ratio
Net assets $666K · Total assets $708K
94%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $708K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Thomas Sicklesteel · Reported title Ex Officio Member · Highest reported compensation $0 · Total expenses $573K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $573K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 92%
Overhead ratio 8%
Fundraising cost ratio 0%
Revenue growth 2%
Legal fee ratio 1%
Accounting fee ratio 6%

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
Total grants receivedfrom 1 funder$720K
Grants paid · 6 grants · $231K · 2023–2024
National Safety CouncilIL · FY2024$30,000
Unitemized GrantFY2024$12,000
Unitemized GrantFY2024$8,000
National Safety CouncilIL · FY2023$18,000

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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)$748K revenue · viewing · ⤓ 990 PDF
FY2023$734K revenue · ⤓ 990 PDF
FY2022$720K revenue · ⤓ 990 PDF
FY2021$507K revenue · ⤓ 990 PDF
FY2020$185K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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