National Assoc Of Elementary School Principals Foundation
- Assets
- $1.1m
- Revenue
- $353.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Alexandria, VA
- Founding
- 07/2019
- Data as of
- 06/2023
- EIN
- 54-1223334
Organization Overview
National Assoc Of Elementary School Principals Foundation is located in Alexandria, VA. The organization was established in 2019. According to its NTEE Classification (S11) the organization is classified as: Single Organization Support, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Assoc Of Elementary School Principals Foundation 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 06/2023, National Assoc Of Elementary School Principals Foundation generated $353.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $566.9k during the year ending 06/2023. While expenses have increased by 7.7% per year over the past 6 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
ADVANCE EXCELLENCE, INNOVATION, & EQUITY IN SCHOOLS BY ENDOWING LEADERSHIP & LEARNING FOR PRINCIPALS
Describe the Organization's Program Activity:
Part 3 - Line 4a
OVERSEAS SCHOOL PROGRAM FOCUSES ON ELEMENTARY AND SECONDARY EDUCATION AND HELPING TO ENSURE THAT AMERICAN-SPONSORED OVERSEAS SCHOOLS STAY ABREAST OF NEW ACADEMIC AND TECHNOLOGICAL OPPORTUNITIES OFFERED TO CHILDREN AND YOUTH IN THE U.S.
THROUGH FUNDING PROVIDED BY THE WALLACE FOUNDATION, NAESP FOUNDATION IS COMPLETING PROJECTS IN REGARD TO THE KEY PRACTICES OF PRINCIPAL LEADERSHIP, WITH A SPECIAL FOCUS ON EARLY CAREER PRINCIPALS AND SOCIAL EMOTIONAL LEARNING. THESE PROJECTS INCLUDE: SESSIONS AT NAESP'S ANNUAL CONFERENCE; A CAPITOL HILL BRIEFING ON STRENGTHENING PRINCIPAL PREPARATION PROGRAMS; A WEBINAR ON EFFECTIVE PRINCIPAL PRACTICES FOR ASPIRING AND EARLY CAREER PRINCIPALS; A MAGAZINE ARTICLE AND A SPECIAL SUPPLEMENT IN NAESP'S PRINCIPAL MAGAZINE; DIGITAL DISSEMINATION OF WALLACE RESEARCH; AND NAESP STAFF PARTICIPATION IN THE WALLACE PROFESSIONAL LEARNING COMMUNITY MEETINGS. THESE ACTIVITIES WERE COMPLETED BY NAESP STAFF, AND WITH COLLABORATION WITH FREELANCERS AND YGS MEDIA AGENCY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
L Earl Franks President | OfficerTrustee | 5 | $0 |
Dave Steckler Sec. (until 7/22)/vp (as Of 8/22) | OfficerTrustee | 1 | $0 |
Paul Wenger Vice President (until 7/22) | OfficerTrustee | 2 | $0 |
Kevin Armstrong Edd Treasurer (as Of 8/22) | Trustee | 1 | $0 |
Liza Caraballo-Suarez Edd Treas. (unt. 7/22)/sec. (as Of 8/22) | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $84,400 |
| All other contributions, gifts, grants, and similar amounts not included above | $259,680 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $344,080 |
| Total Program Service Revenue | $2,250 |
| Investment income | $7,474 |
| 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 | $353,924 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $41,000 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $82,619 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $17,468 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,120 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,275 |
| Fees for services: Other | $229,345 |
| Advertising and promotion | $5,367 |
| Office expenses | $20,981 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $34,061 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $89,997 |
| Interest | $2,302 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $566,887 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $649,032 |
| Pledges and grants receivable | $85,900 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $319,130 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,054,062 |
| Accounts payable and accrued expenses | $10,669 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $234,768 |
| Total liabilities | $245,437 |
| Net assets without donor restrictions | $259,509 |
| Net assets with donor restrictions | $549,116 |
| 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 | $1,054,062 |
Grants Awarded
Over the last fiscal year, National Assoc Of Elementary School Principals Foundation has awarded $41,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
NATIONAL ASSOCIATION OF ELEMENTARY SCHOOL PRINCIPALS PURPOSE: SUPPORT FOR OSAC AND NATIONAL DISTINGUISHED PRINCIPALS PROGRAMS | $21,000 |
AMERICAN ASSOCIATION OF SCHOOL ADMINISTRATORS INC PURPOSE: PROGRAM SUPPORT | $10,000 |
NATIONAL ASSOCIATION OF SECONDARY-SCHOOL PRINCIPALS PURPOSE: PROGRAM SUPPORT | $10,000 |