Naspa Foundation EIN 52-1542166

Naspa Foundation

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Provides scholarships and grants for student affairs professionals to advance their education and research. For fiscal year 2024 it reported $436K in revenue, $353K in expenses, and $3.5M in net assets.Pt I

Founded
1989
Type
Public charity (501(c)(3)) · Education
Location
Washington, DC
Website
www.naspa.org/fdn
Filings
5 on file (2020–2024)
Revenue
$436KFY2024
Expenses
$353K
Net assets
$3.5M
People
24
Filings
5
Updates
0
More identity details & actions ⌄
EIN  52-1542166 Public charity (501(c)(3)) Washington, DC Founded 1989
Form 990 (PDF)
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Size
$100K–1M
What they do
Provides scholarships and grants for student affairs professionals to advance their education and research.
Leadership
Paul Bennion · Naspa Foundation Chair
Money in and out
$436K revenue, $353K expenses
Bottom line
47% program efficiency
Where the money goes · FY2024
Total revenue
$436K
Pt VIII · Ln 12
Total expenses
$353K
Pt IX · Ln 25
Net assets
$3.5M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $83K
Where spending went · Part IX cols B–D
Program services $0.47 Management & general $0.27 Fundraising $0.27
Program efficiency
47%
of spending reaches programs▲ +7% vs prior filing year
Operating runway
112.4mo
months of highly liquid reserves at operating expense rate▲ +11% vs prior filing year
Surplus margin
+19%
revenue over expenses, this year▼ -29% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$436K
FY2024▼ -13%
Expenses
$353K
FY2024▼ -4%
Total assets
$3.5M
FY2024▲ +7%
Total liabilities
$39K
FY2024▲ +71%
Total revenue
$436K
Pt VIII · Ln 12
Total expenses
$353K
Pt IX · Ln 25
Net assets
$3.5M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$83K
Total assetsPt X · Ln 16$3.5M
Program-expense ratioPt IX · col B47%
Voting members of governing bodyPt I · Ln 323
Independent voting membersPt I · Ln 423
Mission & Programs · Part III

Where the work happens

1 program service account for $164K of program spending, described in the organization's own filed words · FY2024.
01

The naspa foundation program service offerings fall into five primary categories: scholarships - the jim rhatigan fellowship and other scholarships provide access to naspa events for aspiring and current student affairs professionals looking to further their student affairs education.

$164Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CNaspa Foundation
EINHdr · item D52-1542166
Principal addressHdr · item CWashington, DC
WebsiteHdr · item Jwww.naspa.org/fdn
Year of formationHdr · item L1989
State of legal domicileHdr · item MDC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B12)
Ruling yearIRS BMFMar 1989

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a23
Independent voting membersPt VI · Ln 1b23
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Naspa Foundation Chair
$0Pt VII · Sec A
Naspa Foundation Chair- Elect
$0Pt VII · Sec A
Naspa Foundation Past Board Chair
$0Pt VII · Sec A
Naspa Past Board Chair
$0Pt VII · Sec A
Member at Large
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$286K · 66%
Investment income$150K · 34%
Contributions & grants66%$286K
Investment income34%$150K
Total revenueLn 12$436K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.47 Management & general $0.27 Fundraising $0.27
Program services47%$164K
Management & general27%$95K
Fundraising27%$94K
Total functional expensesLn 25$353K

Balance Sheet

Part X · end of year
CashLn 1$460K
Total assetsLn 16$3.5M
Total liabilitiesLn 26$39K
Total net assetsLn 32$3.5M
Months of cash on handcomputed15.6

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $3.3M · Operating expenses/yr $353K
112.4 months
Where the money goes
Program services
Program services $164K · Total expenses $353K
47%
Management & General
Management & general $95K · Total expenses $353K
27%
Fundraising
Fundraising $94K · Total expenses $353K
27%
Cost to raise $1
Fundraising expense (3-yr avg) $105K · Solicited contributions (3-yr avg) $273K
$0.38 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $286K · Total revenue $436K
66%
Government reliance
Government grants — · Total revenue $436K
Earned-income share
Program service revenue $0 · Total revenue $436K
0%
Investment reliance
Investment income $150K · Total revenue $436K
+34%
Program self-sufficiency
Program service revenue $0 · Total expenses $353K
0%
Growth & trend
Revenue growth (YoY)
This year $436K · Prior year $502K
-13%
Revenue CAGR
FY2019 $251K · FY2024 $436K
+12%
Net-asset trend (YoY)
End of year $3.5M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $436K · Expenses $353K
+19%
Liabilities-to-Assets
Total liabilities — · Total assets $3.5M
Net-asset ratio
Net assets $3.5M · Total assets $3.5M
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $2.8M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $3.5M
81%
People & payroll
Highest Reported Total Compensation
Individual Paul Bennion · Reported title NASPA FOUNDATION CHAIR · Highest reported compensation $0 · Total expenses $353K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $112K · Total expenses $353K
32%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 47%
Overhead ratio 27%
Fundraising cost ratio 33%
Revenue growth -13%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$250
Grants paid · 14 grants · $259K · 2019–2024
Unitemized GrantFY2024$55,721
Unitemized GrantFY2023$62,132
Unitemized GrantFY2023$1,250
Unitemized GrantFY2023$750
Unitemized GrantFY2022$50,259
Unitemized GrantFY2022$3,500
Unitemized GrantFY2022$485
Unitemized GrantFY2021$40,898
Unitemized GrantFY2021$4,250
Unitemized GrantFY2020$11,364
Unitemized GrantFY2020$750
Unitemized GrantFY2020$600
Unitemized GrantFY2019$26,232
Unitemized GrantFY2019$925

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$502K revenue · ⤓ 990 PDF
FY2023$311K revenue · ⤓ 990 PDF
FY2022$338K revenue · ⤓ 990 PDF
FY2021$425K revenue · ⤓ 990 PDF
FY2020$251K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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