Naf

Organization Overview

Naf is located in New York, NY. The organization was established in 1989. According to its NTEE Classification (B19) the organization is classified as: Support N.E.C., under the broad grouping of Education and related organizations. As of 12/2021, Naf employed 84 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Naf 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 12/2021, Naf generated $18.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $23.1m during the year ending 12/2021. While expenses have increased by 5.8% per year over the past 7 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 2016, Naf has awarded 71 individual grants totaling $3,694,739. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

NAF SOLVES SOME OF THE BIGGEST CHALLENGES FACING EDUCATION AND THE ECONOMY BY BRINGING EDUCATION, BUSINESS, AND COMMUNITY LEADERS TOGETHER TO TRANSFORM THE HIGH SCHOOL EXPERIENCE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ACADEMY OF FINANCE, WHICH OPERATES 146 ACADEMIES, CONNECTS HIGH SCHOOL STUDENTS WITH THE WORLD OF FINANCIAL SERVICES AND PERSONAL FINANCE, OFFERING A CURRICULUM THAT COVERS BANKING AND CREDIT, FINANCIAL PLANNING, GLOBAL FINANCE SECURITIES, INSURANCE, ACCOUNTING, AND ECONOMICS. THE ACADEMY OF FINANCE CURRICULUM AND CERTIFICATION IS VALIDATED BY THE COUNCIL FOR ECONOMIC EDUCATION.


THE ACADEMY OF INFORMATION TECHNOLOGY, WHICH OPERATES 110 ACADEMIES, PREPARES STUDENTS FOR CAREER OPPORTUNITIES IN COMPUTER NETWORKING, SYSTEMS, DATABASE DESIGN, DIGITAL VIDEO PRODUCTION, GRAPHIC DESIGN, AND PROGRAMMING. IN ADDITION, JUNIPER NETWORKS HAS AGREED UPON A PROGRAM OF STUDY, LINKED TO NAF ASSESSMENTS, THAT WILL QUALIFY STUDENTS FOR ITS PROFESSIONAL TRAINING PROGRAM AND EARN A JUNIPER CERTIFICATE. ACADEMIES MAY ALSO USE COMPUTER SCIENCE CURRICULUM FROM PROJECT LEAD THE WAY, INC. (PLTW) AND SELECT COURSES FROM CISCO.


THE ACADEMY OF ENGINEERING, WHICH OPERATES 105 ACADEMIES, ANSWERS AN ACUTE NEED FOR ENGINEERS IN THIS COUNTRY BY EDUCATING HIGH SCHOOL STUDENTS IN THE PRINCIPLES OF ENGINEERING, PROVIDING CONTENT IN THE FIELDS OF ELECTRONICS, BIOTECH, AEROSPACE, CIVIL ENGINEERING, AND ARCHITECTURE. ACADEMIES USE CURRICULUM FROM PROJECT LEAD THE WAY, INC. (PLTW), THE STEM ACADEMY, OR PAXTON/PATTERSON. THEY ALSO BENEFIT FROM SUPPORT PROVIDED BY NATIONAL ACTION COUNCIL FOR MINORITIES IN ENGINEERING (NACME).


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Board, Officers & Key Employees

Name (title)Compensation
Jondel Hoye
CEO (thru 07/2021)
$514,955
Lisa Dughi
President & CEO (beg. 07/2021)
$483,634
Maryanne Bloomfield
Chief Advancement Officer
$266,021
Craig W Love
Chief Financial Officer
$259,042
Brenda Barry
Chief Program Officer
$254,185
Colleen Devery
Chief Strategy Officer
$231,474

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Nocti Inc
It Project Management
$690,225
Organizational Services Inc
Conference Administration
$178,000
Discovery Education
Program Consulting
$350,000
Cicero Research Llc
Program Consulting
$311,700
Fenton Communications Inc
Communication Services
$170,400
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$742,459
Related organizations$0
Government grants $3,248,223
All other contributions, gifts, grants, and similar amounts not included above$13,708,254
Noncash contributions included in lines 1a–1f $20,852
Total Revenue from Contributions, Gifts, Grants & Similar$17,698,936
Total Program Service Revenue$927,397
Investment income $283,873
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $6,762
Net Income from Fundraising Events -$97,100
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $18,819,868

Grants Awarded

Over the last fiscal year, Naf has awarded $1,584,980 in support to 18 organizations.

Grant RecipientAmount

DETROIT PUBLIC SCHOOLS COMMUNITY DISTRICT

PURPOSE: BALLMER AND FUND II STEM GRANTS

$505,000

DALLAS INDEPENDENT SCHOOL DISTRICT

PURPOSE: FUND II STEM GRANTS AND DISTINGUISHED ACADEMY AWARDS

$220,000

MILWAUKEE PUBLIC SCHOOLS

PURPOSE: FUND II STEM GRANTS

$175,000

CHARLOTTE-MECKLENBURG BOARD OF EDUCATION

PURPOSE: VIRTUAL INTERNSHIP PROGRAM

$100,000

BROWARD EDUCATION FOUNDATION INC

Org PageRecipient Profile

Fort Lauderdale, FL

PURPOSE: FUND II STEM GRANT AND DISTINGUISHED ACADEMY AWARDS

$90,000

MIAMI-DADE COUNTY PUBLIC SCHOOLS CTE PROGRAM

PURPOSE: FUND II STEM GRANT

$75,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 12 grants that Naf has recieved totaling $8,264,792.

Awarding OrganizationAmount
Goldman Sachs Philanthropy Fund

New York, NY

PURPOSE: COMMUNITY & HUMAN SERVICES

$4,514,150
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$2,554,928
Verizon Foundation

Basking Ridge, NJ

PURPOSE: CREATING STEM-ENABLED LEARNERS

$500,000
Citi Foundation

New York, NY

PURPOSE: ALUMNI ENGAGEMENT PROGRAM

$500,000
Ayco Charitable Foundation

Cohoes, NY

PURPOSE: COMMUNITY & HUMAN SERVICES

$150,000
$30,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$582,953
Earnings$124,489
Ending Balance$707,442

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