Foundation Of The National Student Nurses Association
- Assets
- $5.4m
- Revenue
- $621.8k
- Investments
- $458.6k
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 04/1970
- Data as of
- 05/2023
- EIN
- 13-3123125
Organization Overview
Foundation Of The National Student Nurses Association is located in Brooklyn, NY. The organization was established in 1970. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation Of The National Student Nurses Association 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 05/2023, Foundation Of The National Student Nurses Association generated $621.8k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $1.2m during the year ending 05/2023. While expenses have increased by 10.6% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Foundation Of The National Student Nurses Association has awarded 18 individual grants totaling $223,871. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT NURSING EDUCATION AND PROMOTE THE NURSING PROFESSION
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING FISCAL 2023 FNSNA PROVIDED GRANTS TO 228 RECIPIENTS. FNSNA PROVIDES FUNDING OPPORTUNITIES TO A DIVERSE STUDENT POPULATION, INCLUDING STUDENTS FROM UNDERREPRESENTED POPULATIONS WITHIN THE NURSING PROFESSION. GRANTS PROVIDED BY THE FNSNA SUPPORT THE EDUCATIONAL ENDEAVORS OF NURSING STUDENTS ACROSS THE COUNTRY TO PRODUCE OUTSTANDING REGISTERED NURSES. FUNDING FOR NURSING EDUCATION AND SPECIAL PROJECTS ALLOWS NURSING STUDENTS TO FOCUS THEIR ATTENTION ON GAINING CRITICAL LEADERSHIP EXPERIENCE TO ULTIMATELY PROVIDE HIGH QUALITY PATIENT CARE AND TO EXCEL IN ALL AREAS OF NURSING. FNSNA FUNDING PRIORITIES PROVIDE THE MEANS FOR NURSING STUDENTS TO DISCOVER THEIR TALENTS AND CREATE A VISION FOR THEIR CAREERS, ACHIEVING A SENSE OF CONFIDENCE AND SELF-WORTH. THIS ENDEAVOR ENABLES NURSING STUDENTS TO COMPLETE THEIR EDUCATION AND ENTER THE WORKFORCE AS EXCEPTIONAL REGISTERED NURSES WHO PROMOTE QUALITY HEALTHCARE FOR ALL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry Z Slater President | OfficerTrustee | 5 | $0 |
Sandra Gomberg Vice President | OfficerTrustee | 5 | $0 |
Shirley Quarles Secretary | OfficerTrustee | 5 | $0 |
Pam Thompson Treasurer | OfficerTrustee | 5 | $0 |
George A Alexander MD Major Genera Trustee | Trustee | 5 | $0 |
Barbara A Ward Trustee | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $10,264 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $381,650 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $391,914 |
| Total Program Service Revenue | $0 |
| Investment income | $120,576 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $198 |
| Net Income from Fundraising Events | -$6,131 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $115,194 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $621,751 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $685,810 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $312,458 |
| Pension plan accruals and contributions | $10,387 |
| Other employee benefits | $7,745 |
| Payroll taxes | $46,869 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,750 |
| Fees for services: Accounting | $43,593 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $28,988 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $4,085 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $40,000 |
| Travel | $10,003 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,202,715 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,732 |
| Savings and temporary cash investments | $24,805 |
| Pledges and grants receivable | $36,648 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $11,991 |
| Prepaid expenses and deferred charges | $48,117 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $4,047,773 |
| Investments—other securities | $458,574 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $786,920 |
| Total assets | $5,429,560 |
| Accounts payable and accrued expenses | $25,607 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $25,607 |
| Net assets without donor restrictions | $1,170,873 |
| Net assets with donor restrictions | $4,233,080 |
| 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 | $5,429,560 |
Grants Awarded
Over the last fiscal year, Foundation Of The National Student Nurses Association has awarded $15,895 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
PERMIAN REGIONAL MEDICAL CENTER FOUNDATION PURPOSE: TO ENHANCE THE CAPACITY OF NURSING PROGRAMS TO INCREASE ENROLLMENT AND GRADUATION OF QUALIFIED NURSING STUDENTS | $14,695 |
WILLIAM CAREY UNIVERSITY BATON ROUGE PURPOSE: DISASTER RELIEF FOR STUDENTS AFFECTED BY LOUISANA HURRICANE | $1,200 |