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Nonprofiteer
← I CAR EDUCATION FOUNDATION

Form 990 for tax year 2022

Filed by I CAR EDUCATION FOUNDATION.

Totals

Total revenue
$11,863,252
Total expenses
$10,167,396
Contributions and grants received
$12,123,487
Grants paid
$9,104,162
Program service revenue
$0
Investment income
$75,468
Other revenue
-$335,703
Total assets, end of year
$6,430,479
Total liabilities, end of year
$211,966
Net assets or fund balances, end of year
$6,218,513
Program services expenses (Part IX)
$9,585,682
Management and general expenses
$309,720
Fundraising expenses
$271,994
Program service expenses (Part III)
$9,585,682

Program services were 94.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $931,286

  • 1f · All other contributions, gifts and grants

    $11,192,201

  • 1g · Noncash contributions included above

    $9,997,564

  • 3 · Investment income

    total $80,248 · excluded $80,248

  • 7a · Gross sales of assets other than inventory

    securities $117,353

  • 7b · Less cost or other basis and sales expenses

    securities $122,133

  • 7c · Gain or loss

    securities -$4,780

  • 7d · Net gain or loss

    total -$4,780 · excluded -$4,780

  • 8a · Fundraising events: gross income

    $0

  • 8a · Fundraising events: contributions included on line 1c

    $931,286

  • 8b · Fundraising events: direct expenses

    $335,703

  • 8c · Net income from fundraising events

    total -$335,703 · excluded -$335,703

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $8,933,032 · program services $8,933,032

  • 2 · Grants to domestic individuals

    total $171,130 · program services $171,130

  • 5 · Compensation of officers, directors and key employees

    total $135,726 · program services $13,573 · management and general $27,145 · fundraising $95,008

  • 7 · Other salaries and wages

    total $274,245 · program services $156,437 · management and general $64,188 · fundraising $53,620

  • 8 · Pension plan contributions

    total $6,815 · program services $4,079 · management and general $1,609 · fundraising $1,127

  • 9 · Other employee benefits

    total $10,798 · program services $8,661 · management and general $2,708 · fundraising -$571

  • 10 · Payroll taxes

    total $29,759 · program services $12,719 · management and general $6,657 · fundraising $10,383

  • 11b · Fees: legal

    total $13,138 · management and general $13,138

  • 11c · Fees: accounting

    total $22,740 · management and general $22,740

  • 11f · Fees: investment management

    total $6,705 · management and general $6,705

  • 11g · Fees: other

    total $57,144 · management and general $57,144

  • 12 · Advertising and promotion

    total $17,143 · management and general $17,143

  • 13 · Office expenses

    total $235,629 · program services $184,377 · management and general $22,778 · fundraising $28,474

  • 14 · Information technology

    total $64,573 · program services $28,251 · management and general $16,143 · fundraising $20,179

  • 17 · Travel

    total $55,374 · program services $2,769 · management and general $8,306 · fundraising $44,299

  • 19 · Conferences, conventions and meetings

    total $50,313 · program services $22,012 · management and general $12,578 · fundraising $15,723

  • 20 · Interest

    total $2,204 · program services $964 · management and general $551 · fundraising $689

  • 23 · Insurance

    total $9,803 · program services $4,289 · management and general $2,451 · fundraising $3,063

  • 24a · Other expenses: TECH SHIRTS AND UNIFORM

    total $43,389 · program services $43,389

  • 24b · Other expenses: FILING FEES

    total $14,223 · management and general $14,223

  • 24c · Other expenses: ICAR ALLOCATED EXPENSES

    total $13,513 · management and general $13,513

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,222,163 · end of year $1,255,673

  • 2 · Savings and temporary cash investments

    beginning of year $143,541 · end of year $158,526

  • 3 · Pledges and grants receivable

    beginning of year $225,000 · end of year $263,000

  • 8 · Inventories for sale or use

    end of year $1,826,894

  • 9 · Prepaid expenses and deferred charges

    beginning of year $23,942 · end of year $62,562

  • 10a · Land, buildings and equipment: cost or other basis

    $14,941

  • 10b · Land, buildings and equipment: accumulated depreciation

    $14,941

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $3,290,278 · end of year $2,863,824

  • 17 · Accounts payable and accrued expenses

    beginning of year $57,944 · end of year $170,063

  • 24 · Unsecured notes and loans payable

    beginning of year $150,000

  • 25 · Other liabilities

    beginning of year $126,672 · end of year $41,903

  • 27 · Net assets without donor restrictions

    beginning of year $3,004,448 · end of year $4,592,097

  • 28 · Net assets with donor restrictions

    beginning of year $1,565,860 · end of year $1,626,416

Mission and programs · 2022

Mission

THE I-CAR EDUCATION FOUNDATION IS A NON-PROFIT ORGANIZATION DEDICATED TO SUPPORTING COLLISION REPAIR EDUCATIONAL PROGRAMS, SCHOOLS, AND STUDENTS TO CREATE QUALIFIED, ENTRY-LEVEL EMPLOYEES AND CONNECT THEM WITH AN ARRAY OF CAREER OPPORTUNITIES.

Activities or mission (Part I)

TO SUPPORT SECONDARY AND POST-SECONDARY AUTOMOTIVE COLLISION TRAINING PROGRAMS THROUGH FUNDRAISING AND GRANTS.

  • GRANTS - DURING THE YEAR, THE ORGANIZATION ADMINISTERED GRANT PROGRAMS TO SUPPORT COLLISION REPAIR SCHOOLS, STUDENTS AND INSTRUCTORS. THESE GRANTS PROVIDED DIRECT FUNDING FOR STUDENT SCHOLARSHIPS, CURRICULUM PRODUCT PURCHASES, INSTRUCTOR CONTINUING EDUCATION, AND TOOL AND EQUIPMENT PURCHASES. THIS ALSO INCLUDES GRANT PROGRAMS FUNDED THROUGH UNRESTRICTED AS WELL AS TEMPORARILY RESTRICTED DONATIONS FROM COLLISION INDUSTRY DONORS.

    Expenses $9,585,682 · Grants $9,104,162

As filed on the 2022 return.

Listed in Part VII

  • ANDREAS HECHT

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.55

  • STACY BARTNIK

    EMERITI

    Total calculated
    $0
    Hours/week
    0.43

  • PAUL FOLINO

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.63

  • TOM BROWN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0

  • MARK VERBOIS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0

  • MIKE CROKER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.51

  • BRENDA HOGEN

    TRUSTEE AT LARGE

    Total calculated
    $0
    Hours/week
    0.67

  • TY GAMMILL

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.55

  • MARK HELVENSTON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.63

  • DOUG IRISH

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.56

  • SEAN HUURMAN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.39

  • KEN HUDSON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.55

  • SANDEE LINDORFER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.32

  • MARY MAHONEY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.43

  • DON MIKRUT

    TRUSTEE AT LARGE

    Total calculated
    $0
    Hours/week
    0.44

  • SCOTT KOHL

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.38

  • STEVE SCHMIDT

    CHAIR

    Total calculated
    $0
    Hours/week
    0.56

  • JAY SHARP

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.66

  • JEANNE SILVER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.39

  • RYAN WEST

    TREASURER

    Total calculated
    $0
    Hours/week
    0.52

  • TOM WOLF

    IMMEDIATE PAST CHAIR

    Total calculated
    $0
    Hours/week
    0.56

  • KEVIN BURNETT

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    0.56

  • BRANDON ECKENRODE

    MANAGING DIRECTOR

    Total calculated
    $135,726
    From this org
    $119,807
    From related orgs
    $0
    Other
    $15,919
    Hours/week
    50

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Schedule J

Answered yes

  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 5a · Pay contingent on this organization's revenues

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2022
Filed
15 November 2023
IRS schema version
2022v5.0
Source object
202313199349310761

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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