Overview
What is National Society Of Accountants Sch?
The National Society of Accountants Sch is a nonprofit organization situated in Alexandria, Virginia. Their primary focus is to provide financial assistance to college students, enabling them to pursue careers in the accounting field. This is accomplished through the provision of scholarships. The organization also encourages its members to further their educational pursuits and advance their careers in the accounting profession. The National Society of Accountants Sch operates from its address at 1330 Braddock Place No 540, Alexandria, VA 22314.
Official website here: www.nsacct.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1 Star (57%)
The National Society of Accountants School has received a One-Star out of Four Star rating from Charity Navigator, primarily due to its low score in Accountability & Finance, which stands at 57%. This rating indicates a need for improvement in financial management and transparency. The overall score is heavily influenced by its program expense ratio, which is notably low at 31.65%, suggesting that a smaller portion of expenses is allocated directly to its programs.
On a positive note, the organization boasts a fully independent board, with 100% of its members meeting this criterion. Additionally, they have implemented several strong governance policies, such as conflict of interest and whistleblower policies, which are critical for organizational integrity. The charity also demonstrates proper documentation practices, as evidenced by their inclusion of board meeting minutes and the presence of a document retention policy.
However, the significant liabilities to assets ratio of 1.22% raises concerns about the organization's financial stability. The absence of tax forms on their website also detracts from their accountability, resulting in a zero score in that area. Overall, while the National Society of Accountants School has solid governance practices, its financial ratios highlight areas that require urgent attention for sustainability and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is National Society Of Accountants Sch legitimate?
National Society Of Accountants Sch is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Society Of Accountants Sch submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.nsacct.org
What is the mission statement of National Society Of Accountants Sch?
The National Society of Accountants Sch's mission is centered around providing scholarships to college students who are pursuing careers in accounting. The organization also encourages its members to further their educational needs within the accounting profession. By offering financial assistance, the foundation aims to enable these students to pursue careers in the accounting field. In essence, the National Society of Accountants Sch is committed to supporting the educational growth and future success of aspiring accountants.
Official website here: www.nsacct.org
Who is the CEO of National Society Of Accountants Sch?
Joshua Caulfield Iom is the President of National Society Of Accountants Sch. The CEO's salary of National Society Of Accountants Sch is $0 and their total compensation is $0.
Official website here: www.nsacct.org
What is the revenue of National Society Of Accountants Sch?
National Society Of Accountants Sch's revenue in 2022 was $71,770.
Official website here: www.nsacct.org
Who are the executives of National Society Of Accountants Sch and what are their salaries?
There 6 volunteers at National Society Of Accountants Sch.
Here are 9 key members and their salaries (National Society Of Accountants Sch's CEO's salary is $0 and their total compensation is $0):
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- Related: $449,465
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- Related: $119,840
- Other: $0
Official website here: www.nsacct.org
Where can I find the form 990 for National Society Of Accountants Sch?
National Society Of Accountants Sch's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nsacct.org
Learn more at the official website: www.nsacct.org
Mission Statement of National Society Of Accountants Sch
The National Society of Accountants Sch, as a philanthropic organization, is committed to providing scholarships for college students who are pursuing careers in the accounting field. This mission extends beyond just offering financial aid; it also encourages its members to further their educational objectives within the accounting profession. The foundation's primary goal is to empower these students, enabling them to embark on successful careers in accounting.
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Impact
August, 2024
The National Society of Accountants Scholarship impacts college students pursuing careers in accounting by providing financial assistance to enable them to pursue their educational goals in the accounting field. Through this support, the foundation helps students overcome financial barriers and pursue their dreams of becoming accountants. Additionally, by encouraging members to advance their educational needs in the accounting profession, the foundation contributes to the development of skilled professionals in the field. The impact of the National Society of Accountants Scholarship extends to promoting educational opportunities and fostering the growth of future accountants.
This information is meant to be a general summary of National Society Of Accountants Sch. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $61,750
- Gross Receipts: $221,754
Assets and Liabilities:
- Total Assets: $986,861
- Total Liabilities: $5,731
- Net Assets: $981,130
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Organization Details
Founding Year
1969
Phone
(703) 549-6400Principal Officer
Joshua Caulfield Iom
Main Address
1330 BRADDOCK PLACE NO 540, ALEXANDRIA, VA, 22314
Website
www.nsacct.orgNTEE Category
Code: B039 - Education
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