Naspa Foundation EIN 52-1542166 Form 990 (PDF) Claim this org

Naspa Foundation FY2021 filing

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Provides scholarships and grants for student affairs professionals to advance their education and research. For fiscal year 2021 it reported $425K in revenue, $175K in expenses, and $2.8M 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 (2020–2021)
Revenue
$425KFY2021
Expenses
$175K
Net assets
$2.8M
People
23
Filings
5
Updates
0
More identity details & actions ⌄
EIN  52-1542166 Public charity (501(c)(3)) Washington, DC Founded 1989
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
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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
Les P Cook · Naspa Foundation Chair
Money in and out
$425K revenue, $175K expenses
Bottom line
31% program efficiency
Where the money goes · FY2021
Total revenue
$425K
Pt VIII · Ln 12
Total expenses
$175K
Pt IX · Ln 25
Net assets
$2.8M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $251K
Where spending went · Part IX cols B–D
Program services $0.31 Management & general $0.34 Fundraising $0.35
Program efficiency
31%
of spending reaches programs
Operating runway
174.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
+59%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$425K
FY2021▲ +69%
Expenses
$175K
FY2021+0.2%
Total assets
$2.8M
FY2021▲ +18%
Total liabilities
$3K
FY2021▲ +79%
Total revenue
$425K
Pt VIII · Ln 12
Total expenses
$175K
Pt IX · Ln 25
Net assets
$2.8M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$251K
Total assetsPt X · Ln 16$2.8M
Program-expense ratioPt IX · col B31%
Voting members of governing bodyPt I · Ln 322
Independent voting membersPt I · Ln 422

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 1a22
Independent voting membersPt VI · Ln 1b22
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 · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
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
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Naspa Foundation executive salaries →

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Mission & Programs · Part III

Where the work happens

1 program service account for $54K of program spending, described in the organization's own filed words · FY2020.
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.

$54Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$235K · 55%
Investment income$189K · 44%
Contributions & grants55%$235K
Investment income44%$189K
Other revenue$1K
Total revenueLn 12$425K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.31 Management & general $0.34 Fundraising $0.35
Program services31%$54K
Management & general34%$59K
Fundraising35%$62K
Total functional expensesLn 25$175K

Balance Sheet

Part X · end of year
CashLn 1$782K
Total assetsLn 16$2.8M
Total liabilitiesLn 26$3K
Total net assetsLn 32$2.8M
Months of cash on handcomputed53.7

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $2.5M · Operating expenses/yr $175K
174.5 months
Where the money goes
Program services
Program services $54K · Total expenses $175K
31%
Management & General
Management & general $59K · Total expenses $175K
34%
Fundraising
Fundraising $62K · Total expenses $175K
35%
Cost to raise $1
Fundraising expense (2-yr avg) $57K · Solicited contributions (2-yr avg) $210K
$0.27 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $235K · Total revenue $425K
55%
Government reliance
Government grants — · Total revenue $425K
Earned-income share
Program service revenue $0 · Total revenue $425K
0%
Investment reliance
Investment income $189K · Total revenue $425K
+44%
Program self-sufficiency
Program service revenue $0 · Total expenses $175K
0%
Growth & trend
Revenue growth (YoY)
This year $425K · Prior year $251K
+69%
Net-asset trend (YoY)
End of year $2.8M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $425K · Expenses $175K
+59%
Liabilities-to-Assets
Total liabilities — · Total assets $2.8M
Net-asset ratio
Net assets $2.8M · Total assets $2.8M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $1.8M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $2.8M
63%
People & payroll
Highest Reported Total Compensation
Individual Les P Cook · Reported title NASPA FOUNDATION CHAIR · Highest reported compensation $0 · Total expenses $175K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $83K · Total expenses $175K
48%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 31%
Overhead ratio 34%
Fundraising cost ratio 26%
Revenue growth 69%
Investment management fee ratio 0.7%

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 · viewing · ⤓ 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) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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