National Association Of Independent Schools Inc
- Assets
- $59.2m
- Revenue
- $23.0m
- Investments
- $0.0
- Employees
- 60
- Location
- Washington, DC
- Founding
- 02/1963
- Data as of
- 06/2023
- EIN
- 04-2104741
Organization Overview
National Association Of Independent Schools Inc is located in Washington, DC. The organization was established in 1963. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. As of 06/2023, National Association Of Independent Schools Inc employed 60 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Association Of Independent Schools Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, National Association Of Independent Schools Inc generated $23.0m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $22.5m during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
AS THE LARGEST ASSOCIATION OF INDEPENDENT SCHOOLS, NAIS CO-CREATES THE FUTURE OF EDUCATION BY UNITING AND EMPOWERING OUR COMMUNITY. WE DO THIS THROUGH THOUGHT LEADERSHIP, RESEARCH, CREATION AND CURATION OF RESOURCES, AND DIRECT COLLABORATION WITH EDUCATION LEADERS.
Describe the Organization's Program Activity:
INFORMATION, DATA AND RESEARCH: NAIS COLLECTS DATA, CONDUCTS ORIGINAL RESEARCH AND ENVIRONMENTAL SCANNING, AND SYNTHESIZES IT TO PROVIDE INSIGHTS TO THEIR MEMBERS ABOUT THE STATE OF THE INDUSTRY, TRENDS IMPACTING EDUCATIONAND THEIR SCHOOLS, INDUSTRY ADVOCACY AND PUBLIC INFORMATION, AND CUSTOM BENCHMARKING REPORTS ON SCHOOL OPERATING METRICS. THIS INFORMATION IS SHARED THROUGH THEIR PUBLICATIONS, THEIR WEBSITE, INDEPENDENT SCHOOL MAGAZINE, PRINCIPLES OF GOOD PRACTICE, AND ONLINE DATA AND STATISTICS APPLICATIONS LIKE DASL AND MARKET VIEW.
EQUITY AND JUSTICE: NAIS SUPPORTS SCHOOLS THAT WANT TO CULTIVATE DIVERSE AND INCLUSIVE LEARNING COMMUNITIES. PROGRAMS THAT SUPPORT THIS GOAL INCLUDE THE PEOPLE OF COLOR CONFERENCE, STUDENT DIVERSITY LEADERSHIP CONFERENCE, AND THE DIVERSITY LEADERSHIP INSTITUTE SUPPORT AND THE ASSESSMENT OF INCLUSIVITY AND MULTICULTURALISM.
LEADERSHIP AND GOVERNANCE: NAIS OFFERS A SUITE OF PROFESSIONAL DEVELOPMENT INSTITUTES AND OTHER TOOLS AND SERVICES TO HELP SCHOOL LEADERS AND GOVERNING BOARDS DEVELOP THE SKILLS AND KNOWLEDGE THEY NEED TO SUCCEED. PROGRAMS IN THIS AREA INCLUDE THE ANNUAL CONFERENCE, THE INSTITUTE FOR NEW HEADS, LEADERSHIP THROUGH PARTNERSHIP INSTITUTE, FELLOWSHIP FOR ASPIRING SCHOOL HEADS, AND OTHER IN-PERSON AND VIRTUAL TRAINING EXPERIENCES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronnie E Codrington-Cazeau Interim-Vice Chair | OfficerTrustee | 2 | $0 |
Tekakwitha M Pernambuco-Wise Secretary | OfficerTrustee | 2 | $0 |
Monique L Devane Trustee | Trustee | 2 | $0 |
Randall C Dunn Chair | OfficerTrustee | 2 | $0 |
Penny Evins Treasurer | OfficerTrustee | 2 | $0 |
Michael Nachbar Trustee | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Terpsys Consulting | 6/29/23 | $432,959 |
Cogent Global Solutions Consulting | 6/29/23 | $410,266 |
Journey Group Inc Marketing | 6/29/23 | $298,614 |
Breakwater Strategy Llc Consulting | 6/29/23 | $277,400 |
Rk Culinary Group Catering | 6/29/23 | $270,108 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $37,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $37,500 |
| Total Program Service Revenue | $21,083,594 |
| Investment income | $1,814,450 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $101,894 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $23,037,438 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,086,121 |
| Compensation of current officers, directors, key employees. | $143,404 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,119,122 |
| Pension plan accruals and contributions | $505,577 |
| Other employee benefits | $676,836 |
| Payroll taxes | $509,791 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $226,105 |
| Fees for services: Accounting | $52,537 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,962,515 |
| Advertising and promotion | $93,311 |
| Office expenses | $773,660 |
| Information technology | $721,053 |
| Royalties | $0 |
| Occupancy | $764,764 |
| Travel | $847,251 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,809,167 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $479,728 |
| Insurance | $43,451 |
| All other expenses | $41,472 |
| Total functional expenses | $22,548,084 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $500 |
| Savings and temporary cash investments | $23,114,307 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $349,919 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $554,845 |
| Net Land, buildings, and equipment | $892,821 |
| Investments—publicly traded securities | $33,531,745 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $800,014 |
| Total assets | $59,244,151 |
| Accounts payable and accrued expenses | $1,510,620 |
| Grants payable | $0 |
| Deferred revenue | $11,245,174 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $942,220 |
| Total liabilities | $13,698,014 |
| Net assets without donor restrictions | $45,546,137 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $59,244,151 |