National Test Prep Association

The Woodlands, TX · Business league / trade association · Community Development

! Not tax-deductible Latest data FY2024
Revenue
$239K
▲ +238% vs prior year
Spent
$227K
To programs
85%
Net assets
$112K
By yearFY2022–FY2024
Revenue
$239K
FY2024▲ +238%
Revenue by fiscal year
FY2022$148K
FY2023$142K
FY2023$71K
FY2024$239K
Expenses
$227K
FY2024▲ +486%
Expenses by fiscal year
FY2022$83K
FY2023$139K
FY2023$39K
FY2024$227K
Net assets
$112K
FY2024▲ +12%
Net assets by fiscal year
FY2022$65K
FY2023$68K
FY2023$100K
FY2024$112K

Form 990 for the fiscal year ending December 2024 (IRS tax year 2024).

Status and standing

Tax-deductible?
No
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Foundation funders?
Not on file
Spent on programs?
85% to programs
Form 990 Part IX, latest filing.
Size and trend
$100K–1M
↑ +238% vs prior year
Legal name (IRS)Hdr · item CNational Test Prep Association
EINHdr · item D85-2310886
Exempt statusHdr · item I501(c)(6) · active
Ruling yearIRS BMFJan 2022
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CThe Woodlands, TX
NTEE classificationIRS BMFCommunity Development (S41)

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.85 Management & general $0.15
Program services85%$194K
Management & general15%$33K
Total functional expensesLn 25$227K

Financial health

Operating surplus
+5%
revenue over expenses▼ -89% vs prior filing year
Earned revenue
62%
of revenue from program services & dues▲ +41% vs prior filing year
Program spending
85%
of expenses reach member services▲ +3% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$112K
FY2024▲ +9%
Total assets by fiscal year
FY2022$65K
FY2023$68K
FY2023$103K
FY2024$112K
Total liabilities
$0
FY2024▼ -100%
Total liabilities by fiscal year
FY2022$0
FY2023$0
FY2023$3K
FY2024$0
Revenue less expensesPt I · Ln 19$12K
Total assetsPt X · Ln 16$112K
Program-expense ratioPt IX · col B85%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 4pending

Balance Sheet

Part X · end of year
CashLn 1$110K
Total assetsLn 16$112K
Total liabilitiesLn 26$0
Total net assetsLn 32$112K
Months of cash on handcomputed5.8

Statement of Revenue

Part VIII
Program service revenue$148K · 62%
Contributions & grants$90K · 37%
Investment income$2K · 1%
Program service revenue62%$148K
Contributions & grants37%$90K
Investment income1%$2K
Total revenueLn 12$239K

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $110K · Operating expenses/yr $227K
5.8 months
Where the money goes
Program services
Program services $194K · Total expenses $227K
85%
Management & General
Management & general $33K · Total expenses $227K
15%
Fundraising
Fundraising $0 · Total expenses $227K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $89K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $90K · Total revenue $239K
37%
Government reliance
Government grants — · Total revenue $239K
—
Earned-income share
Program service revenue $148K · Total revenue $239K
62%
Investment reliance
Investment income $2K · Total revenue $239K
+0.7%
Program self-sufficiency
Program service revenue $148K · Total expenses $227K
65%
Growth & trend
Revenue growth (YoY)
This year $239K · Prior year $71K
+238%
Net-asset trend (YoY)
End of year $112K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $239K · Expenses $227K
+5%
Liabilities-to-Assets
Total liabilities — · Total assets $112K
—
Net-asset ratio
Net assets $112K · Total assets $112K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $112K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Amy Seeley · Reported title BOARD MEMBER · Highest reported compensation $0 · Total expenses $227K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $227K
—
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 85%——
Overhead ratio 15%——
Fundraising cost ratio 0%——
Revenue growth 238%——

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.

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See National Test Prep Association executive salaries →

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Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Mission and programs

Supports test prep providers, promotes ethical behavior, and represents their interests to the public.

Provided by the organization

This section is blank until National Test Prep Association claims this page.

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Mission & Programs · Part III

Where the work happens

1 program service account for $194K of program spending, described in the organization's own filed words · FY2024.
01

Testing prepardness

$194Kprogram expense

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Filing history

YearRevenueExpensesChangeFiling
FY2024 Latest Viewing $239K$227K+238% 990 PDF
FY2023 $142K$139K-3% 990 PDF
FY2022 $148K$83K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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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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