NATIONAL ASSOCIATION OF SCHOLARS INC

EIN: 112741490 501(c)(3) Education

NEW YORK, NY

Total Revenue
$3,980,655
Total Expenses
$2,949,924
Total Assets
$6,618,947
Net Assets
$6,143,215
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
NY
Principal Officer
PETER WOOD
Phone
9175516770
Tax Period
2024-01-01 to 2024-12-31

NATIONAL ASSOCIATION OF SCHOLARS INC, founded in 1987, is a community nonprofit in the Education sector that reported $4.0M in total revenue in fiscal year 2024. Revenue surged 34% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.0M, a strong 26% operating margin.

Mission

PROMOTION AND PRESERVATION OF HIGH ACADEMIC STANDARDS IN TEACHING AND SCHOLARSHIP.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,833,349
Program Service Revenue $0
Investment Income $147,147
Other Revenue $159
TOTAL REVENUE $3,980,655

Expense Breakdown

Grants Paid $90,547
Salaries & Benefits $1,793,914
Fundraising Expenses $109,745
Program Expenses $2,456,151
Other Expenses $955,718
TOTAL EXPENSES $2,949,924

Year-over-Year Comparison

2024 2023 Change
Revenue $3,980,655 $2,967,555 +0.3%
Expenses $2,949,924 $2,739,804 +0.1%
Net Income $1,030,731 $227,751 +3.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
16
Independent Members
16
Employees
21
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$299,730
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANIEL ASIA MEMBER 0.00
Director
$0 $0 $0
STEPHEN BALCH MEMBER 0.00
Director
$0 $0 $0
JAY BERGMAN MEMBER & SECRETARY 0.00
Officer Director
$0 $0 $0
WARD CONNERLY MEMBER 0.00
Director
$0 $0 $0
GEORGE W DENT JR MEMBER 0.00
Director
$0 $0 $0
DAVID GORDON MEMBER 0.00
Director
$0 $0 $0
GAIL L HERIOT MEMBER 0.00
Director
$0 $0 $0
THOMAS KLINGENSTEIN MEMBER 0.00
Director
$0 $0 $0
WIGHT MARTINDALE MEMBER 0.00
Director
$0 $0 $0
RICHARD VEDDER MEMBER & TREASURER 0.00
Officer Director
$0 $0 $0
BRADLEY CS WATSON MEMBER 0.00
Director
$0 $0 $0
AMY WAX MEMBER 0.00
Director
$0 $0 $0
ALBERT KEITH WHITAKER MEMBER & CHAIRMAN 0.00
Officer Director
$0 $0 $0
JOSHUA KATZ MEMBER 0.00
Director
$0 $0 $0
ADAM KISSEL MEMBER 0.00
Director
$0 $0 $0
ALEXANDER RILEY MEMBER 0.00
Director
$0 $0 $0
ELIZABETH WEISS MEMBER 0.00
Director
$0 $0 $0
PETER WOOD PRESIDENT 40.00
Officer
$282,069 $17,661 $299,730
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $3,980,655 $2,949,924 $6,618,947 $1,030,731
2023 $2,967,555 $2,739,804 $5,284,823 $227,751
2022 $2,633,316 $2,501,741 $4,510,008 $131,575
2021 $2,975,459 $2,076,320 $4,936,592 $899,139
2020 $3,332,319 $2,038,355 $3,783,813 $1,293,964
2019 $2,184,880 $1,523,150 $2,276,779 $661,730
2018 $1,492,669 $1,489,883 $1,332,634 $2,786
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