Mission
SEE SCHEDULE O.
Public Charity
ASPHALT INSTITUTE FOUNDATION INC
Based in LEXINGTON, KY, ASPHALT INSTITUTE FOUNDATION INC operates as a Public Charity. The organization reported $777K in revenue, $335K in expenses, $5.5M in total assets for fiscal year 2025. Imperigo tracks 12 reported grant relationships connected to this organization totaling approximately $191K.
EIN: 471154832
LEXINGTON, KY
Job Training
NTEE: J22
Latest filing: 2025
Total Revenue$777K
Total Expenses$335K
Total Assets$5.5M
Grant Records12
Funding Total$191K
Filing Years2020–2025
Where $100 goes at Asphalt Institute Foundation Inc
How Asphalt Institute Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$67
Programs
the work itself
$28
Management
running the organization
$5
Fundraising
raising the next dollar
Inside the $67 for programs
$45
Strategic asphalt research (star) symposium
$22
Internship program
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
PROVIDE SUPPORT TO RELATED ORGANIZATION IN FURTHERANCE OF EXEMPT PURPOSES.
$10,000
PROVIDE SUPPORT TO RELATED ORGANIZATION TO CONDUCT RESEARCH AND EDUCATIONAL ACTIVITIES THAT ARE DESIGNED TO ADVANCE AND IMPROVE BOTH THE LIQUID ASPHALT INDUSTRY AND THE WELFARE OF THE GENERAL PUBLIC.
$10,000
PROVIDE SUPPORT TO RELATED ORGANIZATION TO CONDUCT RESEARCH AND EDUCATIONAL ACTIVITIES THAT ARE DESIGNED TO ADVANCE AND IMPROVE BOTH THE LIQUID ASPHALT INDUSTRY AND THE WELFARE OF THE GENERAL PUBLIC.
$10,035
For grant recipient's exempt purposes
$100,000
PROVIDE SUPPORT TO RELATED ORGANIZATION TO CONDUCT RESEARCH AND EDUCATIONAL ACTIVITIES THAT ARE DESIGNED TO ADVANCE AND IMPROVE BOTH THE LIQUID ASPHALT INDUSTRY AND THE WELFARE OF THE GENERAL PUBLIC.
$10,012
Showing up to 5 of 12 total records — full history available with membership.
Officers & Directors
DIRECTOR
Brooke Devincenzi
DIRECTOR
Chris Campbell
SECRETARY
Danielle Steinberg
VICE CHAIR
Dave Henderson
EX-OFFICIO (VOTING)
John Barrington
CHAIR
Kevin Mcglumphy
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $777K | $335K | $5.5M |
| 2024 | $661K | $499K | $4.8M |
| 2023 | $890K | $244K | $4.5M |
| 2022 | $896K | $337K | $3.1M |
| 2020 | $334K | $83K | $2.7M |
Between 2020 and 2025, reported annual revenue grew from $334K to $777K (+133%), with total assets most recently reported at $5.5M.
Interactive year-over-year charts and full filing details available with membership.