National Scholarship Providers Association
- Assets
- $1.2m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 7
- Location
- Charlottesville, VA
- Founding
- 06/2004
- Data as of
- 12/2021
- EIN
- 36-4280502
Organization Overview
National Scholarship Providers Association is located in Charlottesville, VA. The organization was established in 2004. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. As of 12/2021, National Scholarship Providers Association employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Scholarship Providers 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 12/2021, National Scholarship Providers Association generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.1% each year . All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 9.9% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
NATIONAL SCHOLARSHIP PROVIDERS ASSOCIATION'S (NSPA) MISSION IS TO ADVANCE THE COLLECTIVE IMPACT OF SCHOLARSHIP PROVIDERS AND THE SCHOLARSHIPS THEY AWARD. NSPA IS DEDICATED TO SUPPORTING THE NEEDS OF PROFESSIONALS ADMINISTERING SCHOLARSHIPS IN COLLEGES AND UNIVERSITIES, THROUGH PROFESSIONAL DEVELOPMENT, PROGRAM DESIGN AND EVALUATION RESOURCES, NETWORKING AND COLLABORATION OPPORTUNITIES, AND ACCESS TO INDUSTRY RESEARCH. NSPA PROVIDES AN ASSORTMENT OF ONLINE RESOURCES, WEBINARS, SUMMITS, AND AN ANNUAL CONFERENCE. NSPA HAS OVER 2000 MEMBERS FROM NEARLY 650 ORGANIZATIONS ACROSS NORTH AMERICA AND BEYOND. IN 2021, NSPA HELD ITS ANNUAL CONFERENCE VIRTUALLY (DUE TO THE PANDEMIC) AND PROVIDED OVER 100 HOURS OF EDUCATIONAL CONTENT AND NETWORKING OPPORTUNITIES TO OVER 700 HIGHER EDUCATION AND SCHOLARSHIP ADMINISTRATION PROFESSIONALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBER SERVICES AND CONFERENCES: NSPA PROVIDES PROFESSIONAL DEVELOPMENT AND SERVICES FOR SCHOLARSHIP ADMINISTRATORS, INCLUDING BEST PRACTICE PROGRAM DESIGN AND EVALUATION RESOURCES, NETWORKING AND COLLABORATION OPPORTUNITIES, AND ACCESS TO INDUSTRY RESEARCH. NSPA HAS NEARLY 1800 MEMBERS FROM OVER 580 ORGANIZATIONS ACROSS NORTH AMERICA AND BEYOND. AS A RESULT OF THE COVID PANDEMIC, NSPA HELD ITS ANNUAL CONFERENCE VIRTUALLY IN BOTH 2020 AND 2021. IN 2021, 775 CONFERENCE ATTENDEES ENJOYED NEARLY 100 HOURS OF EDUCATIONAL CONTENT. NSPA INTENDS TO RETURN TO IN-PERSON FOR THEIR 2022 ANNUAL CONFERENCE.
INDUSTRY PROJECTS: NSPA HAS RECEIVED SIGNIFICANT GRANT SUPPORT FROM THE MICHAEL AND SUSAN DELL FOUNDATION TO DEVELOP AND MAINTAIN A DATABASE OF SCHOLARSHIP INFORMATION FOR THE HIGHER EDUCATION COMMUNITY. THIS DATABASE HAS THE POTENTIAL TO TRANSFORM SCHOLARSHIP ADMINISTRATION BY ASSISTING MEMBER ORGANIZATIONS IN STRATEGIC DECISION MAKING BASED ON INDUSTRY DATA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jackie Bright Executive Director | Officer | 40 | $147,100 |
Tiffany Anderson Prestdent-Elect | OfficerTrustee | 0.5 | $0 |
Jane Thompson President | OfficerTrustee | 0.5 | $0 |
Jamie Williams Secretary | OfficerTrustee | 0.5 | $0 |
Bob Ballard Treasurer | OfficerTrustee | 0.5 | $0 |
Oscar Sweeten-Lopez Past President | OfficerTrustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mustard Llc Consulting And Editorial | 12/30/20 | $201,220 |
Rms Associates Llc Telecommunications Consulting Service | 12/30/20 | $116,331 |
Mustard Llc Consulting And Editorial | 12/30/20 | $201,220 |
Rms Associates Llc Telecommunications Consulting Service | 12/30/20 | $116,331 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $373,342 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,064,432 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,437,774 |
| Total Program Service Revenue | $282,187 |
| Investment income | $34 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,719,995 |
| 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. | $160,386 |
| Compensation of current officers, directors, key employees. | $16,038 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $255,846 |
| Pension plan accruals and contributions | $6,031 |
| Other employee benefits | $27,028 |
| Payroll taxes | $28,758 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,027 |
| Fees for services: Accounting | $24,716 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $421,331 |
| Advertising and promotion | $16,807 |
| Office expenses | $2,277 |
| Information technology | $63,009 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,082 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $47,824 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $513 |
| Insurance | $4,106 |
| All other expenses | $0 |
| Total functional expenses | $1,107,189 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,016,140 |
| Savings and temporary cash investments | $188,686 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $274 |
| 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 | $3,249 |
| Net Land, buildings, and equipment | $511 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,208,860 |
| Accounts payable and accrued expenses | $60,910 |
| Grants payable | $0 |
| Deferred revenue | $4,023 |
| 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 | $64,933 |
| Net assets without donor restrictions | $612,915 |
| Net assets with donor restrictions | $531,012 |
| 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 | $1,208,860 |
Grants Awarded
Over the last fiscal year, National Scholarship Providers Association has awarded $6,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
St Paul, MN PURPOSE: TO ENHANCE SCHOLARSHIP PROGRAMS | $2,000 |
Ann Arbor, MI PURPOSE: TO ENHANCE SCHOLARSHIP PROGRAMS | $2,000 |
Washington, DC PURPOSE: TO ENHANCE SCHOLARSHIP PROGRAMS | $2,000 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that National Scholarship Providers Association has recieved totaling $965,796.
| Awarding Organization | Amount |
|---|---|
Michael & Susan Dell Foundation Austin, TX PURPOSE: SCALING A HIGH-QUALITY SCHOLARSHIP PROGRAM DATABASE | $497,196 |
Michael & Susan Dell Foundation Austin, TX PURPOSE: ENABLING SUSTAINABLE GROWTH FOR THE NSPA EXCHANGE | $466,725 |
Daniels Fund Denver, CO PURPOSE: 2021 MEMBERSHIP | $1,200 |
Boettcher Foundation Denver, CO PURPOSE: TRUSTEE & STAFF MATCHING GIFT PROGRAM | $450 |
Boettcher Foundation Denver, CO PURPOSE: TRUSTEE & STAFF MATCHING GIFT PROGRAM | $225 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Montgomery County Coalition For The Homeless Inc Rockville, MD | $3,846,853 | $18,504,232 |
Southeastern Community Action Partnership Inc Lumberton, NC | $11,958,279 | $19,896,705 |
National Council Of Urban Indian Health Washington, DC | $1,404,220 | $8,677,340 |
North Carolina Justice Center Raleigh, NC | $7,153,656 | $8,035,969 |
Nuestros Pequenos Hermanosinternational Round Hill, VA | $4,147,042 | $6,283,043 |
The Orphanetwork Virginia Beach, VA | $3,197,466 | $6,293,778 |
Third Option Foundation Reston, VA | $24,876,503 | $12,300,421 |
Hope For Justice Inc Nashville, TN | $1,240,056 | $3,979,236 |
All Hazards Consortium Inc Frederick, MD | $860,935 | $3,674,057 |
Supportive Housing Communities Inc Charlotte, NC | $5,021,475 | $3,897,502 |
The Green Chair Project Inc Raleigh, NC | $6,753,039 | $4,421,917 |
Transportation Management Assoc Group Franklin, TN | $1,822,075 | $3,775,674 |