National Association Of Secondary -School Principals
- Assets
- $49.6m
- Revenue
- $22.8m
- Investments
- $0.0
- Employees
- 72
- Location
- Reston, VA
- Founding
- 11/1969
- Data as of
- 12/2022
- EIN
- 52-6006937
Organization Overview
National Association Of Secondary -School Principals, operating under the name Nassp, is located in Reston, VA. The organization was established in 1969. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 12/2023, Nassp employed 72 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nassp 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, Nassp generated $22.8m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $24.2m during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO CONNECT AND ENGAGE SCHOOL LEADERS THROUGH ADVOCACY, RESEARCH, EDUCATION, AND STUDENT PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBER SERVICES: THE MEMBER SERVICES FUNCTION INCLUDES ACTIVITIES RELATED TO ADVOCACY, STATE COORDINATORS CONFERENCE, COMMUNICATIONS, WEBSITE AND RETAINING CURRENT MEMBERS.
MERCHANDISE SALES: THE MERCHANDISE SALES CONSISTS OF RECOGNITION AND GRADUATION MERCHANDISE USED IN INDUCTION CEREMONIES, OFFICER INSTALLATIONS AND GRADUATION CEREMONIES FOR THOSE STUDENTS PARTICIPATING IN NATIONAL HONOR SOCIETY, NATIONAL JUNIOR SOCIETY, NATIONAL ELEMENTARY HONOR SOCIETY AND NATIONAL STUDENT COUNCIL.
STUDENT LEADSHIP: NASSP PROMOTES THE INTELLECTUAL GROWTH, ACADEMIC ACHIEVEMENT, CHARACTER AND LEADERSHIP DEVELOPMENT, AND PHYSICAL WELL-BEING OF YOUTH. NASSP IS PROUD TO BE THE FOUNDER AND ADMINISTRATOR FOR THE FOLLOWING STUDENT LEADERSHIP PROGRAMS:-NATIONAL HONOR SOCIETY AND NATIONAL JUNIOR HONOR SOCIETY-NATIONAL STUDENT COUNCILS-NATIONAL ELEMENTARY HONOR SOCIETY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronn Nozoe CEO & Board Secretary | Officer | 37.5 | $570,009 |
Noah A Raskin CFO | Officer | 37.5 | $321,719 |
Hisham Ro Khalid General Counsel, Cpo | Officer | 37.5 | $287,340 |
Aman K Dhanda Chief Engagement Officer | Officer | 37.5 | $246,421 |
Dana Rs Williams Managing Dir, Finance & Customer Care | Officer | 37.5 | $223,190 |
Robyn Hamasaki Managing Director, Leadership Development | 37.5 | $195,819 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Stone Rooster Distributions Inc Warehouse Services | 12/30/23 | $994,903 |
Squadbuck Inc Consulting | 12/30/23 | $550,612 |
Cro Metrics Consulting | 12/30/23 | $740,932 |
Gaylord Rockies Resort & Convention Cent Room Rental & Catering | 12/30/23 | $532,987 |
Personify Inc Consulting | 12/30/23 | $527,499 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $3,972,436 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $872,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $80,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,924,436 |
| Total Program Service Revenue | $11,112,893 |
| Investment income | $966,195 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $225,069 |
| Net Rental Income | $18,180 |
| Net Gain/Loss on Asset Sales | -$1,882,464 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $7,485,480 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $22,849,789 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,292,141 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,723,005 |
| Compensation of current officers, directors, key employees. | $809,813 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,350,103 |
| Pension plan accruals and contributions | $275,728 |
| Other employee benefits | $2,611,869 |
| Payroll taxes | $399,794 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $54,915 |
| Fees for services: Accounting | $60,923 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $142,112 |
| Fees for services: Other | $5,129,666 |
| Advertising and promotion | $0 |
| Office expenses | $904,224 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $231,689 |
| Travel | $1,591,303 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $762,722 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $556,504 |
| Insurance | $414,257 |
| All other expenses | $63,770 |
| Total functional expenses | $24,216,070 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,321,679 |
| Savings and temporary cash investments | $1,583,798 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $978,391 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $3,746,004 |
| Prepaid expenses and deferred charges | $587,014 |
| Net Land, buildings, and equipment | $537,396 |
| Investments—publicly traded securities | $35,392,940 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $463,663 |
| Total assets | $49,610,885 |
| Accounts payable and accrued expenses | $1,702,952 |
| Grants payable | $313,144 |
| Deferred revenue | $7,856,830 |
| 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 | $1,112,621 |
| Total liabilities | $10,985,547 |
| Net assets without donor restrictions | $38,203,625 |
| Net assets with donor restrictions | $421,713 |
| 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 | $49,610,885 |
Grants Awarded
Over the last fiscal year, National Association Of Secondary -School Principals has awarded $2,238,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
NATIONAL HONOR SOCIETY SCHOLARSHIP FUND PURPOSE: NATIONAL HONOR SOCIETY SCHOLARSHIP PROGRAM FUNDING | $2,000,000 |
INTERNATIONAL SCHOLARSHIP AND TUITION SERVICE PURPOSE: COLLEGE SAVING FUND FOR NJHS | $238,500 |