National Scholarship Providers Association
- Assets
- $1.3m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 10
- Location
- Charlottesville, VA
- Founding
- 06/2004
- Data as of
- 12/2023
- 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 12/2023, National Scholarship Providers Association employed 10 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 12/2023, National Scholarship Providers Association generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 17.3% each year . All expenses for the organization totaled $1.9m during the year ending 12/2023. While expenses have increased by 15.0% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE IMPACTFUL SCHOLARSHIPS THROUGH OUR KNOWLEDGEABLE SCHOLARSHIP COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBER SERVICES AND CONFERENCES: NSPA PROVIDES PROFESSIONAL DEVELOPMENT PROGRAM DESIGN AND EVAUATION RESOURCES, NETWORKING AND COLLABORATION OPPORTUNITIES AND ACCESS TO INDUSTRY RESEARCH. NSPA HAS MORE THAN 2,400 MEMBERS FROM MORE THAN 725 ORGANIZATIONS ACROSS NORTH AMERICA AND BEYOND. NSPA'S 2023 CONFERENCE HAD NEARLY 700 ATTENDEES AT THE LARGEST CONFERENCE IN OUR HISTORY. ATTENDEES ENJOYED MORE THAN 118 SESSIONS FROM 170 PRESENTERS. THROUGHOUT THE YEAR, NSPA HOSTED MORE THAN 41 WEBINARS WITH OVER 5,400 ATTENDEES AS WELL AS RAN A MENTORING PROGRAM FOR ITS MEMBERS.
SCHOLARSHIP INDUSTRY DATABASE: NSPA IS SIGNIFICANTLY IMPACTING SCHOLARSHIP ADMINISTRATION BY ASSISTING MEMBER ORGANIZATIONS IN STRATEGIC DECISION MAKING BASED ON INDUSTRY DATA FROM THE DATABASE DEVELOPED AND MAINTAINED BY NSPA WITH SIGNIFICANT SUPPORT FROM THE MICHAEL AND SUSAN DELL FOUNDATION.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tiffany Anderson President | OfficerTrustee | 2 | $0 |
Bob Ballard President-Elect | OfficerTrustee | 2 | $0 |
Jennifer Hazelton Treasurer | OfficerTrustee | 1 | $0 |
Jamie Williams Secretary | OfficerTrustee | 1 | $0 |
Jane Thompson Past President | OfficerTrustee | 1 | $0 |
Jeanna Adams Director | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Chandra Shekhar Technical Project Management | 12/30/23 | $171,320 |
Growth Acceleration Partners Llc Program Technical Writer | 12/30/23 | $329,526 |
Mustard Llc Systems Consulting | 12/30/23 | $107,918 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $449,122 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $589,981 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,039,103 |
| Total Program Service Revenue | $869,061 |
| Investment income | $3,396 |
| 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 | $1,911,560 |
| 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. | $170,579 |
| Compensation of current officers, directors, key employees. | $17,058 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $331,390 |
| Pension plan accruals and contributions | $11,511 |
| Other employee benefits | $46,708 |
| Payroll taxes | $37,833 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $34,802 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $58,491 |
| Advertising and promotion | $21,075 |
| Office expenses | $44,656 |
| Information technology | $122,703 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $26,411 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $48,799 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,229 |
| All other expenses | $0 |
| Total functional expenses | $1,943,683 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $917,792 |
| Savings and temporary cash investments | $192,621 |
| Pledges and grants receivable | $190,000 |
| Accounts receivable, net | $2,208 |
| 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 | $32,697 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,335,318 |
| Accounts payable and accrued expenses | $60,323 |
| Grants payable | $0 |
| Deferred revenue | $13,150 |
| 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 | $73,473 |
| Net assets without donor restrictions | $729,422 |
| Net assets with donor restrictions | $532,423 |
| 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 | $1,335,318 |
Grants Awarded
Over the last fiscal year, National Scholarship Providers Association has awarded $6,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
WALLIN EDUCATION PARTNERS PURPOSE: TO ENHANCE SCHOLARSHIP PROGRAMS | $2,000 |
REGENTS OF THE UNIVERSIT OF MICHIGAN PURPOSE: TO ENHANCE SCHOLARSHIP PROGRAMS | $2,000 |
FUND FOR EDUCATION ABROAD PURPOSE: TO ENHANCE SCHOLARSHIP PROGRAMS | $2,000 |