National Association For College Admission Counseling Inc
- Assets
- $20.7m
- Revenue
- $12.7m
- Investments
- $0.0
- Employees
- 45
- Location
- Arlington, VA
- Founding
- 10/2008
- Data as of
- 12/2022
- EIN
- 26-1909449
Organization Overview
National Association For College Admission Counseling Inc is located in Arlington, VA. The organization was established in 2008. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 12/2022, National Association For College Admission Counseling Inc employed 45 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Association For College Admission Counseling 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 12/2022, National Association For College Admission Counseling Inc generated $12.7m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $13.6m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.8%) per year over the past 8 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
EMPOWERING COLLEGE ADMISSION COUNSELING PROFESSIONALS THROUGH EDUCATION, ADVOCACY, AND COMMUNITY.
Describe the Organization's Program Activity:
NATIONAL COLLEGE FAIRS: NATIONAL COLLEGE FAIRS ARE HELD IN CITIES ACROSS NORTH AMERICA BRINGING STUDENTS IN DIRECT CONTACT WITH ADMISSION PROFESSIONALS FROM PARTICIPATING POST-SECONDARY INSTITUTIONS. NACAC WORKS WITH LOCAL COUNSELORS AND ADMISSION PROFESSIONALS AT EACH EVENT TO ENSURE ATTENDANCE BY STUDENTS FROM ALL SOCIAL, ECONOMIC, AND ETHNIC BACKGROUNDS. THIS STUDENT POPULATION HAS BEEN EXPANDED FROM HIGH SCHOOL STUDENTS ONLY TO ALSO INCLUDE COLLEGE TRANSFERS, VETERANS, AND OTHERS FROM NON-TRADITIONAL EDUCATIONAL BACKGROUNDS.
NATIONAL CONFERENCE: THE NATIONAL CONFERENCE PROVIDES A FORUM FOR COUNSELING AND ADMISSION PROFESSIONALS TO NETWORK, RECEIVE PROFESSIONAL TRAINING, AND EXCHANGE INFORMATION TO ENHANCE THEIR OWN PROFESSIONAL DEVELOPMENT AND ADVANCE THE COUNSELING AND ADMISSION PROFESSIONS.
PUBLICATIONS: THE PUBLICATIONS PROGRAM USES PRINT, DIGITAL, WEB, VIDEO AND SOCIAL MEDIA TO INFORM MEMBERS ABOUT THE CHANGING LANDSCAPE OF THE COLLEGE ADMISSIONS COUNSELING PROFESSION. THE PROGRAM ALSO INCLUDES THE CAREER CENTER WHICH OFFERS A CENTRALIZED RESOURCE FOR COLLEGE ADMISSION COUNSELING PROFESSIONALS LOOKING TO ADVANCE IN THEIR CAREER AND EXPLORE PROFESSIONAL OPPORTUNITES. IN 2023, THE PROGRAM NAME CHANGED TO COMMUNICATONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fiona Rees Chair | OfficerTrustee | 5 | $0 |
Vern Granger Chair-Elect | OfficerTrustee | 5 | $0 |
Todd Rinehart Immediate Past President | OfficerTrustee | 5 | $0 |
Tahiry Crawford Director | Trustee | 5 | $0 |
Johnnie Johnson See Sch O Director (until 9/2022) | Trustee | 5 | $1,000 |
Robyn Lady Director | Trustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Gotocollegefairs Mobilescan App | 12/30/22 | $1,277,141 |
Collegiate Productions Event Supplies | 12/30/22 | $689,321 |
Shepard Av Audio Visual Services | 12/30/22 | $541,241 |
Smithbucklin Corporation Business Management Consultant | 12/30/22 | $649,758 |
The Expo Group Event Decoration | 12/30/22 | $435,151 |
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 | $889,640 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $889,640 |
| Total Program Service Revenue | $11,154,105 |
| Investment income | $326,273 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $283,641 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $27 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,661,990 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $8,403 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,359,694 |
| Compensation of current officers, directors, key employees. | $90,435 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,608,315 |
| Pension plan accruals and contributions | $133,696 |
| Other employee benefits | $260,361 |
| Payroll taxes | $260,862 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $46,772 |
| Fees for services: Accounting | $20,793 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $59,482 |
| Fees for services: Other | $2,472,870 |
| Advertising and promotion | $0 |
| Office expenses | $408,389 |
| Information technology | $420,463 |
| Royalties | $0 |
| Occupancy | $1,057,715 |
| Travel | $426,897 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,585,264 |
| Interest | $3,466 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $202,338 |
| Insurance | $0 |
| All other expenses | $100,991 |
| Total functional expenses | $13,613,987 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,112,299 |
| Savings and temporary cash investments | $1,175,689 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $631,885 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $9,797 |
| Prepaid expenses and deferred charges | $799,642 |
| Net Land, buildings, and equipment | $4,843,035 |
| Investments—publicly traded securities | $12,096,831 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $34,674 |
| Total assets | $20,703,852 |
| Accounts payable and accrued expenses | $1,167,923 |
| Grants payable | $0 |
| Deferred revenue | $3,021,223 |
| Tax-exempt bond liabilities | $2,981,449 |
| 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 | $31,453 |
| Total liabilities | $7,202,048 |
| Net assets without donor restrictions | $13,446,735 |
| Net assets with donor restrictions | $55,069 |
| 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 | $20,703,852 |