Overview
What is The Natso Foundation Inc?
The Natso Foundation Inc, located at 1330 Braddock Place 501, Alexandria, VA 22314, is a nonprofit organization dedicated to enhancing the travel plaza and truck stop industry. Established with a mission to promote and improve this sector, the foundation focuses on education, communications, meetings, and research and development. Their activities include offering an industry scholarship, conducting research studies, and creating training manuals. One of their notable initiatives is the production of an e-newsletter that shares industry-related news and insights. This newsletter, prepared by an in-house editor, generates a modest revenue through ad sales. The foundation strives to help travel plaza and truck stop owners and management achieve excellence for their industry, customers, communities, and society.
Official website here: www.natso.com
What are the reviews and ratings of this charity?
Charity Navigator has rated The Natso Foundation Inc with a score of 97%, granting it a Four-Star out of Four Star rating. This high score reflects the charity's strong performance in accountability and finance, indicating a solid foundation for donor trust and financial stewardship.
The Natso Foundation excels in various governance aspects, featuring a fully independent board with 92% of its members being independent. The organization shows no material diversion of assets and has robust policies in place, including those for conflict of interest and whistleblower protections. Their financial metrics are also commendable, with a program expense ratio of 76.72%, demonstrating a significant portion of funds allocated directly to their programs.
While the foundation shows exceptional accountability and transparency, the review did not highlight any notable limitations or concerns. Overall, The Natso Foundation Inc appears to be a well-managed organization committed to responsible financial practices and effective governance.
This AI summary has been generated from information found on Charity Navigator.
Is The Natso Foundation Inc legitimate?
The Natso Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Natso Foundation Inc 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.
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Official website here: www.natso.com
What is the mission statement of The Natso Foundation Inc?
The Natso Foundation Inc, established with the purpose of boosting the travel plaza and truck stop industry, aims to achieve this through education, communications, meetings, and research and development. The foundation's mission is centered around assisting industry owners and management to attain excellence for their businesses, customers, communities, and society. The foundation's efforts extend to various charitable causes significant to the industry, including scholarships, research studies, and a training manual. One notable program is the research program, which has produced an e-newsletter that keeps the industry informed about industry-relevant issues and news. This e-newsletter is prepared by an editor employed by the foundation. The program also generates a modest amount of revenue through ad sales.
Official website here: www.natso.com
Who is the CEO of The Natso Foundation Inc?
Lisa Mullings is the President of The Natso Foundation Inc.
Official website here: www.natso.com
What is the revenue of The Natso Foundation Inc?
The Natso Foundation Inc's revenue in 2022 was $431,799.
Official website here: www.natso.com
Who are the executives of The Natso Foundation Inc and what are their salaries?
Here are 13 key members and their salaries:
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Official website here: www.natso.com
Where can I find the form 990 for The Natso Foundation Inc?
The Natso Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.natso.com
Learn more at the official website: www.natso.com
Mission Statement of The Natso Foundation Inc
The Natso Foundation Inc, a non-profit organization, was established with a mission to advance, promote, and improve the travel plaza and truck stop industry. This is achieved through education, communications, meetings, and research and development. The Foundation aims to assist travel plaza and truck stop owners and management in achieving excellence for their industry, customers, communities, and society.
One of the key initiatives of The Natso Foundation Inc is the production of an e-newsletter that benefits and informs the industry. This e-newsletter, prepared by an editor employed by the Foundation, identifies issues and news that affect the industry. The research program, a part of this initiative, raised a small amount of revenue via ad sales.
In essence, The Natso Foundation Inc plays a significant role in supporting the travel plaza and truck stop industry by providing education, communication, and research opportunities. These efforts are designed to help industry stakeholders achieve excellence and make meaningful contributions to their customers, communities, and society at large.
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Impact
June, 2024
The Natso Foundation Inc's impact includes providing industry scholarships, conducting research studies, producing a training manual, and supporting other charitable causes related to the travel plaza and truck stop industry. These initiatives aim to advance, promote, and improve the industry through education, communication, meetings, and research and development. The foundation assists travel plaza and truck stop owners and management in achieving excellence for their industry, customers, communities, and society. Additionally, their research program produces an e-newsletter that informs and benefits the industry, addressing issues and news that affect the field. The Foundation's work plays a crucial role in supporting the mental health and well-being of those in the travel plaza and truck stop industry.
This information is meant to be a general summary of The Natso Foundation Inc. 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: $87,411
- Program Service Revenue: $53,764
- Gross Receipts: $630,439
Assets and Liabilities:
- Total Assets: $2,381,805
- Total Liabilities: $219,553
- Net Assets: $2,162,252
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STOPWATCH MAGAZINE
Revenue
$53,764
Organization Details
Founding Year
1989
Phone
(703) 549-2100Principal Officer
Lisa Mullings
Main Address
1330 BRADDOCK PLACE 501, ALEXANDRIA, VA, 22314
Website
www.natso.comNTEE Category
Code: F20I - Mental health
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