Nasw Foundation FY2022 filing

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $1,000 a year, plus $10 a year for the ID check.

How does your 990 look to donors? Take the 10-Question Audit

Historical aviation museum

Form 990 Part I, line 1, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 22-3407964) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
81¢ 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
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $508K a year · 41% of revenue · last 6 filings
A surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
81%
of spending
81% of spending went to programs.
Pt IX · Ln 25 · col B
2.7 mo
of spending, in cash
Plus $1.4M in investments, Pt X · Ln 11–13
2.7 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $9K
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$269K
5% of total assets
Liabilities are 5% of assets.
Pt X · Ln 26
Independent board members
14
of 14 voting members
14 of 14 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$1.4M
+42% vs prior year
Spent
$682K
To programs
81%
Net assets
$5.1M
By yearFY2020–FY2025
Revenue
$1.4M
FY2022▲ +42%
Tap a bar for its year
Revenue by fiscal year
FY2020$544K
FY2021$1.0M
FY2022$1.4M
FY2023$1.8M
FY2024$1.3M
FY2025$1.5M
Expenses
$682K
FY2022▲ +15%
Tap a bar for its year
Expenses by fiscal year
FY2020$513K
FY2021$595K
FY2022$682K
FY2023$812K
FY2024$868K
FY2025$988K
Net assets
$5.1M
FY2022▲ +12%
Tap a bar for its year
Net assets by fiscal year
FY2020$3.9M
FY2021$4.6M
FY2022$5.1M
FY2023$6.2M
FY2024$6.6M
FY2025$7.2M

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

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 Oct 1996.

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

Where the money goes

81 cents of each dollar spent went to programs.

Program services 81% · $555K Management & general 16% · $109K Fundraising 3% · $17K

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

Something off? Claim to add context

Who runs it and what they're paid

14 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Member
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Nasw Foundation executive salaries →

Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Nasw Foundation is an arts and culture nonprofit based in Cape May, NJ, formed in 1995.

Questions for Nasw Foundation

Tap to ask. Nasw Foundation sees how many people are interested.

Your first name shows with your question. Nasw Foundation answers here, for everyone.

1 program · $555K · in their own filed words · FY2022
01

Restoration of hangar 1 into an aviation museum to display historic aircraft and to educate the public as to their contributions into history.

Form 990 Part III, line 4, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 22-3407964) · Dispute this line
$555Kprogram 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 · FY2022
Total grants receivedfrom 1 funder$9K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$1.4M
Ln 12
Gifts and grantsLn 1h$726K
Fees for servicesLn 2g$535K
Other incomeLn 4–11$159K
Money outPt IX
$682K
Ln 25
Programscol B$555K
Managementcol C$109K
Fundraisingcol D$17K
Owns and owesPt X
$5.1M
net assets · Ln 32
Cash and savingsLn 1–2$156K
Total assetsLn 16$5.4M
LiabilitiesLn 26$269K
PeoplePt VI, VII
14
listed · VII A
PaidVII A0
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$726K
Government grantsLn 1e$617K
Fundraising eventsLn 1c$66K
Fees for servicesLn 2g$535K
Investment incomeLn 3$12K
Other incomeLn 4–11$159K
Gains on assetsLn 7$613
Total revenueLn 12$1.4M
Assets in detailPt X, end of year
SavingsLn 2$156K
Cash and savings togetherLn 1–2$156K
Pledges and grants receivableLn 3$287K
Accounts receivableLn 4$440
Inventories for sale or useLn 8$81K
Prepaid expenses and deferred chargesLn 9$10K
Land, buildings, equipmentLn 10c$2.8M
InvestmentsLn 11–13$1.4M
Intangible assetsLn 14$18K
Other assetsLn 15$584K
Total assetsLn 16$5.4M
LiabilitiesLn 26$269K
Net assetsLn 32$5.1M
OperationsPt I, VI
EmployeesI 522
VolunteersI 615
Fiscal year endsHeaderDecember
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$153K$156K
InvestmentsLn 11–13$1.6M$1.4M
Land, buildings, equipmentLn 10c$2.2M$2.8M
Total assetsLn 16$4.7M$5.4M
LiabilitiesLn 26$94K$269K
Net assetsLn 32$4.6M$5.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$310K$264K$31K$16K
Other employee benefitsLn 9$5K$5K$523
Payroll taxesLn 10$30K$25K$3K$1K
Legal feesLn 11b$6K$6K
Accounting feesLn 11c$12K$12K
Investment management feesLn 11f$1K$1K
Advertising and promotionLn 12$43K$43K$300
Office expensesLn 13$12K$11K$1K
Information technologyLn 14$6K$5K$588$201
OccupancyLn 16$36K$34K$2K
TravelLn 17$1K$1K
Depreciation, depletion and amortizationLn 22$95K$86K$10K
InsuranceLn 23$58K$52K$6K
Other expenses (24a–d)Ln 24$56K$30K$26K
All other expensesLn 24e$10K$635$9K
Total functional expensesLn 25$682K$555K$109K$17K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Jun 18, 2026 $1.5M$988K$475K$7.2M 990 PDF
FY2024Filed with the IRS May 12, 2025 $1.3M$868K$388K$6.6M 990 PDF
FY2023Filed with the IRS Jun 3, 2024 $1.8M$812K$991K$6.2M 990 PDF
FY2022 ViewingFiled with the IRS Apr 5, 2023 $1.4M$682K$750K$5.1M 990 PDF
FY2021Filed with the IRS May 9, 2022 $1.0M$595K$412K$4.6M 990 PDF
FY2020Filed with the IRS Apr 26, 2021 $544K$513K$31K$3.9M 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2022 990
Part I · Summary $1,432,079 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $355,175$725,847
I-9 Program service revenuePrior year $478,377$535,254
I-10 Investment incomePrior year $35,525$12,493
I-11 Other revenuePrior year $137,188$158,485
I-12 Total revenuePrior year $1,006,265$1,432,079
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $289,034$345,147
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $305,546$336,653
I-18 Total expensesPrior year $594,580$681,800
I-19 Revenue less expensesPrior year $411,685$750,279
Part VI · Governance 14 of 14 board members independent, 1 to look at
VI-1a Voting members of the governing body14
VI-1b Independent voting members14
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,432,079 across 10 lines filed
Lines not itemized here account for $142,176 of total revenue; see the IRS return.
VIII-1c Fundraising events$65,849
VIII-1e Government grants$616,984
VIII-1f All other contributions, gifts and grants$43,014
VIII-1h Total contributions, gifts and grants$725,847
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Excluded from tax $535,254$535,254
VIII-3 Investment incomeExcluded from tax $11,880$11,880
VIII-5 RoyaltiesExcluded from tax $1,264$1,264
VIII-7 Net gain or loss on sales of assetsRelated to mission $613$613
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Unrelated business $15,045$15,045
VIII-12 Total revenueRelated to mission $613 · Unrelated business $157,221 · Excluded from tax $548,398$1,432,079
Part IX · Statement of functional expenses $681,800 across 15 lines filed
IX-7 Other salaries and wagesPrograms $263,637 · Management $31,016 · Fundraising $15,508$310,161
IX-9 Other employee benefitsPrograms $4,709 · Management $523$5,232
IX-10 Payroll taxesPrograms $25,291 · Management $2,975 · Fundraising $1,488$29,754
IX-11b Legal feesManagement $5,693$5,693
IX-11c Accounting feesManagement $11,712$11,712
IX-11f Investment management feesManagement $1,495$1,495
IX-12 Advertising and promotionPrograms $42,846 · Fundraising $300$43,146
IX-13 Office expensesPrograms $11,248 · Management $1,250$12,498
IX-14 Information technologyPrograms $5,083 · Management $588 · Fundraising $201$5,872
IX-16 OccupancyPrograms $34,131 · Management $1,972$36,103
IX-17 TravelManagement $1,478$1,478
IX-22 Depreciation, depletion and amortizationPrograms $85,558 · Management $9,510$95,068
IX-23 InsurancePrograms $51,808 · Management $5,756$57,564
IX-24 Other expenses (24a–d)Programs $30,024 · Management $25,951$55,975
IX-24e All other expensesPrograms $635 · Management $9,414$10,049
IX-25 Total functional expensesPrograms $554,970 · Management $109,333 · Fundraising $17,497$681,800
Part X · Balance sheet $5,372,491 assets, 17 lines filed
X-2 Savings and temporary cash investmentsStart of year $153,043$155,682
X-3 Pledges and grants receivableStart of year $32,160$287,058
X-4 Accounts receivableStart of year $250$440
X-8 Inventories for sale or useStart of year $40,698$80,501
X-9 Prepaid expenses and deferred chargesStart of year $13,931$9,690
X-10c Land, buildings and equipment, netStart of year $2,206,884$2,832,087
X-11 Publicly traded securitiesStart of year $1,606,935$1,404,818
X-14 Intangible assetsStart of year $18,654$18,138
X-15 Other assetsStart of year $584,077$584,077
X-16 Total assetsStart of year $4,660,239$5,372,491
X-17 Accounts payable and accrued expensesStart of year $8,276$238,246
X-19 Deferred revenueStart of year $29,958$29,858
X-25 Other liabilitiesStart of year $200$500
X-26 Total liabilitiesStart of year $93,537$268,604
X-27 Net assets without donor restrictionsStart of year $4,566,702$5,103,887
X-32 Total net assets or fund balancesStart of year $4,566,702$5,103,887
X-33 Total liabilities and net assetsStart of year $4,660,239$5,372,491
Part XI · Reconciliation of net assets $5,103,887 net assets at year end
XI-1 Total revenue$1,432,079
XI-2 Total expenses$681,800
XI-3 Revenue less expenses$750,279
XI-4 Net assets at start of year$4,566,702
XI-5 Net unrealized gains (losses) on investments−$213,097
XI-9 Other changes in net assets$3
XI-10 Net assets at end of year$5,103,887

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

Similar organizations you could support · Compare with another nonprofit

The names, titles, and financial information shown on this page are reproduced from IRS Form 990 filings, which are public records. More

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown. A filing can only be corrected by the organization filing an amended return with the IRS; the corrected information appears here at our next update.

We publish only information contained in the public IRS filing, and less than the filing contains. Our pages do not display home addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, contact the filing organization or the IRS directly.

All figures come from public IRS Form 990 filings. Comparisons are computed from the filing against similar orgs. They are not a rating.

Featured nonprofit jobs

All nonprofit jobs → · Hiring? Post a job →