Passes our checks

The Foundation of the American Subcontractors Association Inc

EIN 52-1573841 · Alexandria, VA

Public records show a registered, tax-exempt organization in good standing.

What it says it does

WORK TO IMPROVE THE BUSINESS PRACTICES IN THE CONSTRUCTION INDUSTRY THROUGH RESEARCH, EDUCATION AND THE DISSEMINATION OF INFORMATION.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Fair: 66 out of 100.

Reserves
35 of 35
Spendable reserves would cover 35.4 months of spending.
Debt
16 of 20
It owes 17% of what it owns.
Living within its means
0 of 15
Spending exceeded income by 48% of income.
Income trend
0 of 15
Income fell 58% on the year before.
Spending floor
15 of 15
96% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Good: 88 out of 100.

Independent board
25 of 25
9 of 9 voting board members are independent.
Conflict of interest policy
15 of 15
Has a written conflict of interest policy.
Whistleblower policy
8 of 8
Has a written whistleblower policy.
Record keeping policy
7 of 7
Has a written policy on keeping and destroying records.
Board minutes
5 of 5
Keeps minutes of board meetings.
Board sees the tax return
0 of 10
Did not give the board a copy of this return before filing it.
No reported misuse
10 of 10
Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)

$194,665 spent. RESEARCH, EDUCATION AND COMMUNICATION: CONDUCT AND FUND RESEARCH ON THE CONSTRUCTION INDUSTRY. ACHIEVEMENTS INCLUDED FUNDING ACADEMIC RESEARCH ON THE CONSTRUCTION INDUSTRY AND FACILITATING THE DISTRIBUTION OF THE RESEARCH RESULTS TO THE CONSTRUCTION INDUSTRY.PROVIDE BUSINESS MANAGEMENT EDUCATION TO THE CONSTRUCTION INDUSTRY. ACHIEVEMENTS INCLUDED PROVIDING EDUCATIONAL PROGRAMMING THROUGH WRITTEN AND RECORDED MATERIALS; AND THE INTERNET, INCLUDING DISCUSSION GROUPS.COMMUNICATE IN A TIMELY, FOCUSED, INTERACTIVE AND EFFECTIVE MANNER. ACHIEVEMENTS INCLUDED PUBLISHING A QUARTERLY EDUCATIONAL JOURNAL.
$17,854 spent. SUBEXCEL IS AN ANNUAL CONVENTION PROVIDING SEVERAL DAYS OF EDUCATION INCLUDING PROVIDING AWARENESS RELATING TO THE FOUNDATION'S FASA CARES INITIATIVES.
FASA CARES IS A PROGRAM WHERE THE FOUNDATION PROMOTES AWARENESS AND PROVIDES INFORMATION REGARDING SPECIFIC ISSUES, IMPACTING THE CONSTRUCTION INDUSTRY. FOR EXAMPLE, WORK FORCED DEVELOPMENT, INCLUDING WOMEN IN CONSTRUCTION, NATIONAL DISASTER, RECOVERY AND SUICIDE PREVENTION IN THE CONSTRUCTION INDUSTRY. THE FOUNDATION PROVIDES INFORMATIONAL CONTENT LINKS TO RESOURCES, AND REQUESTS GRANTS AND PAY OUT GRANTS TO OUR CHAPTERS WHO HELP SUPPORT THESE FASA CARES INITIATIVES.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since March 1989.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.