Educate consumers about basic financial matters and to help them identify financial services that are in their best interest. Ncef's goal is to enable consumers across the country to become confident and proactive about the full range of financial issues they face.

501(c)(3) charity; gifts are tax-deductible.
48¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 4
filings with a surplus
Average surplus $76K a year · 43% of revenue · last 4 filings
Fine: a surplus in 3 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
48%
of spending
Concern: 48% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
58 mo
of spending, in cash
Looks good: 58.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $34K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$205K
+166% vs prior year
Spent
$45K
To programs
48%
Net assets
$359K
By yearFY2020–FY2025
Revenue
$205K
FY2022▲ +166%
Tap a bar for its year
Revenue by fiscal year
FY2020$98K
FY2021$77K
FY2022$205K
FY2023$64K
FY2024$235K
FY2025$199K
Expenses
$45K
FY2022
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021Not on file
FY2022$45K
FY2023$87K
FY2024$109K
FY2025$158K
Net assets
$359K
FY2022▲ +67%
Tap a bar for its year
Net assets by fiscal year
FY2020$193K
FY2021$214K
FY2022$359K
FY2023$334K
FY2024$511K
FY2025$579K

From the FY2022 Form 990 (year ending August 2022) · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 2006.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

48 cents of each dollar spent went to programs.

Program services 48% · $22K Management & general 36% · $16K Fundraising 16% · $7K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

9 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary/Treasurer
$0Pt VII · Sec A
Trustee/Executive Committee Member
$0Pt VII · Sec A
Trustee/Executive Committee Member
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Robert Harkey’s $42K as Program Officer is at the 33rd percentile of top reported officer pay among 1613 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2021FY2020
Robert Harkey$42,424$40,798

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Napfa Consumer Education Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Educates consumers on financial matters and helps them find suitable services.

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Provided by the organization

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1 program · $22K · in their own filed words · FY2021
01

Web site "turning americans into confident and proactive financial decision makers" assists consumers with financial decisions and major life transactions. Consumers are able to select the transition in their life that is relevant to their current situations and immediately learn more about financial tasks inherent with that transition.

$22Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$34K
See all 3 funders →

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$205K
Ln 12
Gifts and grantsLn 1h$201K
Investment incomeLn 3$4K
Money outPt IX
$45K
Ln 25
Programscol B$22K
Managementcol C$16K
Fundraisingcol D$7K
Owns and owesPt X
$359K
net assets · Ln 32
Cash and savingsLn 1–2$221K
Total assetsLn 16$359K
LiabilitiesLn 26$0
PeoplePt VI, VII
9
listed · VII A
PaidVII A0
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$201K
Noncash giftsLn 1g$2K
Investment incomeLn 3$4K
Total revenueLn 12$205K
Assets in detailPt X, end of year
CashLn 1$221K
Cash and savings togetherLn 1–2$221K
InvestmentsLn 11–13$136K
Other assetsLn 15$2K
Total assetsLn 16$359K
LiabilitiesLn 26$0
Net assetsLn 32$359K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$151K$221K
InvestmentsLn 11–13$108K$136K
Total assetsLn 16$259K$359K
LiabilitiesLn 26$45K$0
Net assetsLn 32$214K$359K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$4K$4K
Other salaries and wagesLn 7$25K$10K$10K$5K
Other employee benefitsLn 9$729$292$292$145
Payroll taxesLn 10$2K$755$755$377
Other fees for servicesLn 11g$1K$1K
Office expensesLn 13$6K$2K$2K$1K
Information technologyLn 14$2K$975$975$488
TravelLn 17$259$259
Conferences, conventions and meetingsLn 19$3K$3K
Other expenses (24a–d)Ln 24$885$500$385
Total functional expensesLn 25$45K$22K$16K$7K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $199K$158K$42K$579K 990 PDF
FY2024 $235K$109K$126K$511K 990 PDF
FY2023 $64K$87K−$23K$334K 990 PDF
FY2022 Viewing $205K$45K$160K$359K 990 PDF
FY2021 $77K$214K 990 PDF
FY2020 $98K$193K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $205,099 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $76,532$200,942
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $576$4,157
I-11 Other revenuePrior year $125$0
I-12 Total revenuePrior year $77,233$205,099
I-13 Grants and similar amounts paidPrior year $0$3,533
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $48,055$27,816
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $14,047$14,027
I-18 Total expensesPrior year $62,102$45,376
I-19 Revenue less expensesPrior year $15,131$159,723
Part VI · Governance 9 of 9 board members independent, 1 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $205,099 across 5 lines filed
VIII-1f All other contributions, gifts and grants$200,942
VIII-1g Noncash contributions (included above)$2,338
VIII-1h Total contributions, gifts and grants$200,942
VIII-3 Investment incomeExcluded from tax $4,157$4,157
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $4,157$205,099
Part IX · Statement of functional expenses $45,376 across 10 lines filed
IX-2 Grants to domestic individualsPrograms $3,533$3,533
IX-7 Other salaries and wagesPrograms $10,080 · Management $10,080 · Fundraising $5,040$25,200
IX-9 Other employee benefitsPrograms $292 · Management $292 · Fundraising $145$729
IX-10 Payroll taxesPrograms $755 · Management $755 · Fundraising $377$1,887
IX-11g Other fees for servicesManagement $1,395$1,395
IX-13 Office expensesPrograms $2,308 · Management $2,308 · Fundraising $1,155$5,771
IX-14 Information technologyPrograms $975 · Management $975 · Fundraising $488$2,438
IX-17 TravelPrograms $259$259
IX-19 Conferences, conventions and meetingsPrograms $3,279$3,279
IX-24 Other expenses (24a–d)Programs $500 · Management $385$885
IX-25 Total functional expensesPrograms $21,981 · Management $16,190 · Fundraising $7,205$45,376
Part X · Balance sheet $359,035 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $150,744$220,584
X-11 Publicly traded securitiesStart of year $108,373$136,470
X-15 Other assetsStart of year $0$1,981
X-16 Total assetsStart of year $259,117$359,035
X-25 Other liabilitiesStart of year $44,680$0
X-26 Total liabilitiesStart of year $44,680$0
X-27 Net assets without donor restrictionsStart of year $214,437$359,035
X-32 Total net assets or fund balancesStart of year $214,437$359,035
X-33 Total liabilities and net assetsStart of year $259,117$359,035
Part XI · Reconciliation of net assets $359,035 net assets at year end
XI-1 Total revenue$205,099
XI-2 Total expenses$45,376
XI-3 Revenue less expenses$159,723
XI-4 Net assets at start of year$214,437
XI-5 Net unrealized gains (losses) on investments−$15,125
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$359,035

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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