Nacs Foundation

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $100 a year.

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

To support initiatives and educational programs of the national association of college stores and provide research that addresses issues of importance to the college store industry.

Form 990 Part I, line 1, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 52-1270412) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
70¢ of each $1 spent went to programs.
Run by 35 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · 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
0 of 6
filings with a surplus
Average deficit $490K a year · 196% of revenue · last 6 filings
A surplus in 0 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
70%
of spending
70% of spending went to programs.
Pt IX · Ln 25 · col B
Named funders
1
named funder · $6K
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$528K
25% of total assets
Liabilities are 25% of assets.
Pt X · Ln 26
Independent board members
12
of 12 voting members
12 of 12 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$120K
-24% vs prior year
Spent
$787K
To programs
70%
Net assets
$1.6M
By yearFY2020–FY2025
Revenue
$120K
FY2025▼ -24%
Tap a bar for its year
Revenue by fiscal year
FY2020$51K
FY2021$395K
FY2022$343K
FY2023$431K
FY2024$159K
FY2025$120K
Expenses
$787K
FY2025▲ +6%
Tap a bar for its year
Expenses by fiscal year
FY2020$607K
FY2021$759K
FY2022$774K
FY2023$773K
FY2024$741K
FY2025$787K
Net assets
$1.6M
FY2025▼ -25%
Tap a bar for its year
Net assets by fiscal year
FY2020$3.6M
FY2021$3.6M
FY2022$3.2M
FY2023$2.6M
FY2024$2.1M
FY2025$1.6M

From the FY2025 Form 990 (year ending March 2025) · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 1983.

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

Where the money goes

70 cents of each dollar spent went to programs.

Program services 70% · $548K Management & general 22% · $175K Fundraising 8% · $64K

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
Immed.past President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
President-Elect
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Nacs 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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Funds college store educational programs and industry research.

Questions for Nacs Foundation

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

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

2 programs · $548K · in their own filed words · FY2024
01

Nacs Professional Development Grants

Grants to individuals to attend nacs annual meeting and other educational courses and grants to nacs to provide educational programs to members.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 52-1270412) · Dispute this line
$513Kprogram expense
02

Conducting and disseminating research to the college store industry on such topics as the buying habits of students and a salary and benefits survey.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 52-1270412) · Dispute this line
$35Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2019
Total grants receivedfrom 1 funder$6K
Grants paid · 11 grants · $1.2M · 2019–2024
Unitemized GrantFY2024$39,240
Unitemized GrantFY2023$47,252
Unitemized GrantFY2022$56,280
Unitemized GrantFY2021$31,927
Unitemized GrantFY2019$40,564

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$120K
Ln 12
Other incomeLn 4–11$59K
Investment incomeLn 3$50K
Gifts and grantsLn 1h$8K
Money outPt IX
$787K
Ln 25
Programscol B$548K
Managementcol C$175K
Fundraisingcol D$64K
Owns and owesPt X
$1.6M
net assets · Ln 32
Total assetsLn 16$2.1M
LiabilitiesLn 26$528K
PeoplePt VI, VII
14
listed · VII A
PaidVII A0
Voting boardVI 1a12
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$8K
Fees for servicesLn 2g$3K
Investment incomeLn 3$50K
Other incomeLn 4–11$59K
Gains on assetsLn 7$59K
Total revenueLn 12$120K
Assets in detailPt X, end of year
Prepaid expenses and deferred chargesLn 9$31K
Land, buildings, equipmentLn 10c$124K
InvestmentsLn 11–13$2.0M
Total assetsLn 16$2.1M
LiabilitiesLn 26$528K
Net assetsLn 32$1.6M
OperationsPt I, VI
EmployeesI 50
VolunteersI 635
Fiscal year endsHeaderMarch
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
EndowmentSch D · Pt V
LineFY25FY24FY23FY22FY21
End of yearLn 1g$169K$153K$139K$149K$137K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
InvestmentsLn 11–13$2.3M$2.0M
Land, buildings, equipmentLn 10c$131K$124K
Total assetsLn 16$2.5M$2.1M
LiabilitiesLn 26$338K$528K
Net assetsLn 32$2.1M$1.6M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$186K$186K
Grants to domestic individualsLn 2$39K$39K
Management feesLn 11a$422K$232K$127K$63K
Accounting feesLn 11c$23K$23K
Advertising and promotionLn 12$10K$10K
Information technologyLn 14$22K$22K
TravelLn 17$37K$19K$18K
Conferences, conventions and meetingsLn 19$266$266
Depreciation, depletion and amortizationLn 22$6K$6K
Other expenses (24a–d)Ln 24$41K$39K$1K$617
Total functional expensesLn 25$787K$548K$175K$64K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest ViewingFiled with the IRS Feb 4, 2026 $120K$787K−$667K$1.6M 990 PDF
FY2024Filed with the IRS Feb 5, 2025 $159K$741K−$582K$2.1M 990 PDF
FY2023Filed with the IRS Feb 6, 2024 $431K$773K−$342K$2.6M 990 PDF
FY2022Filed with the IRS Feb 3, 2023 $343K$774K−$431K$3.2M 990 PDF
FY2021Filed with the IRS Feb 9, 2022 $395K$759K−$364K$3.6M 990 PDF
FY2020Filed with the IRS Feb 12, 2021 $51K$607K−$556K$3.6M 990 PDF

Schedules filed Part IV

A · Public support D · Assets and endowments I · Grants O · Explanations
See the full FY2025 990
Part I · Summary $120,421 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $39,093$7,759
I-9 Program service revenuePrior year $2,995$3,494
I-10 Investment incomePrior year $117,045$109,168
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $159,133$120,421
I-13 Grants and similar amounts paidPrior year $211,196$225,740
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $529,471$561,385
I-18 Total expensesPrior year $740,667$787,125
I-19 Revenue less expensesPrior year −$581,534−$666,704
Part VI · Governance 12 of 12 board members independent, no flags
VI-1a Voting members of the governing body12
VI-1b Independent voting members12
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
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $120,421 across 6 lines filed
VIII-1f All other contributions, gifts and grants$7,759
VIII-1h Total contributions, gifts and grants$7,759
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $3,494$3,494
VIII-3 Investment incomeExcluded from tax $49,909$49,909
VIII-7 Net gain or loss on sales of assetsExcluded from tax $59,259$59,259
VIII-12 Total revenueRelated to mission $3,494 · Unrelated business $0 · Excluded from tax $109,168$120,421
Part IX · Statement of functional expenses $787,125 across 10 lines filed
IX-1 Grants to domestic organizationsPrograms $186,500$186,500
IX-2 Grants to domestic individualsPrograms $39,240$39,240
IX-11a Management feesPrograms $232,074 · Management $126,586 · Fundraising $63,293$421,953
IX-11c Accounting feesManagement $22,750$22,750
IX-12 Advertising and promotionPrograms $10,241$10,241
IX-14 Information technologyPrograms $21,600$21,600
IX-17 TravelPrograms $19,166 · Management $18,197$37,363
IX-19 Conferences, conventions and meetingsPrograms $266$266
IX-22 Depreciation, depletion and amortizationManagement $6,375$6,375
IX-24 Other expenses (24a–d)Programs $39,176 · Management $1,044 · Fundraising $617$40,837
IX-25 Total functional expensesPrograms $548,263 · Management $174,952 · Fundraising $63,910$787,125
Part X · Balance sheet $2,140,234 assets, 10 lines filed
X-9 Prepaid expenses and deferred chargesStart of year $10,800$31,260
X-10c Land, buildings and equipment, netStart of year $130,687$124,312
X-11 Publicly traded securitiesStart of year $2,340,507$1,984,662
X-16 Total assetsStart of year $2,481,994$2,140,234
X-17 Accounts payable and accrued expensesStart of year $338,367$528,324
X-26 Total liabilitiesStart of year $338,367$528,324
X-27 Net assets without donor restrictionsStart of year $1,823,314$1,258,220
X-28 Net assets with donor restrictionsStart of year $320,313$353,690
X-32 Total net assets or fund balancesStart of year $2,143,627$1,611,910
X-33 Total liabilities and net assetsStart of year $2,481,994$2,140,234
Part XI · Reconciliation of net assets $1,611,910 net assets at year end
XI-1 Total revenue$120,421
XI-2 Total expenses$787,125
XI-3 Revenue less expenses−$666,704
XI-4 Net assets at start of year$2,143,627
XI-5 Net unrealized gains (losses) on investments$134,987
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,611,910

Form 990 e-file FY2025 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.