National League for Nursing

EIN: 131896510 501(c)(3)

WASHINGTON, DC

Total Revenue
$9,305,177
Total Expenses
$11,359,513
Total Assets
$9,552,989
Net Assets
$3,799,208
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1952
Legal Domicile
DC
Phone
2029092500
Tax Period
2023-01-01 to 2023-12-31

National League for Nursing, founded in 1952, is a community nonprofit that reported $9.3M in total revenue in fiscal year 2023. Expenses of $11.4M exceeded revenue, resulting in a 22% operating deficit.

Mission

NATIONAL LEAGUE FOR NURSING, INC. WAS ORGANIZED FOR THE PURPOSE OF CARRYING ON PROGRAMS AND SERVICES TO IMPROVE NURSING SERVICES AND NURSING EDUCATION. NLN PROVIDES EDUCATION, RESEARCH AND RELATED ACTIVITIES, PRIMARILY FOR ITS MEMBERS, IN THE FIELD OF NURSING. A SUBSTANTIAL PORTION OF REVENUES ARE DERIVED FROM FEES FOR TESTING SERVICES AND MEMBERSHIP DUES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $40,000
Program Service Revenue $7,025,610
Investment Income $102,445
Other Revenue $2,137,122
TOTAL REVENUE $9,305,177

Expense Breakdown

Grants Paid $39,377
Salaries & Benefits $5,736,240
Fundraising Expenses $0
Program Expenses $7,742,497
Other Expenses $5,583,896
TOTAL EXPENSES $11,359,513

Year-over-Year Comparison

2023 2022 Change
Revenue $9,305,177 $9,774,259 0.0%
Expenses $11,359,513 $10,937,331 +0.0%
Net Income $-2,054,336 $-1,163,072 +0.8%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Governance

Voting Members
12
Independent Members
12
Employees
49
Volunteers
500

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
9
$1,007,103
Total Directors
15
$0
Key Employees
5
$1,225,921
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A Treasurer (Through 9/2023) 2.0
Officer Director
$0 $0 $0
N/A NLN Chair (Through 9/2023) 2.0
Officer Director
$0 $0 $0
N/A TREASURER 2.0
Officer Director
$0 $0 $0
N/A NLN CHAIR 2.0
Officer Director
$0 $0 $0
N/A SECRETARY 2.0
Officer Director
$0 $0 $0
N/A NLN CHAIR-ELECT 2.0
Officer Director
$0 $0 $0
N/A GOVERNOR AT LARGE 2.0
Director
$0 $0 $0
N/A GOVERNOR AT LARGE 2.0
Director
$0 $0 $0
N/A PUBLIC MEMBER 2.0
Director
$0 $0 $0
N/A PUBLIC MEMBER 2.0
Director
$0 $0 $0
N/A GOVERNOR AT LARGE 2.0
Director
$0 $0 $0
N/A PUBLIC MEMBER 2.0
Director
$0 $0 $0
N/A Public Member (Through 9/2023) 2.0
Director
$0 $0 $0
N/A GOVERNOR AT LARGE 2.0
Director
$0 $0 $0
N/A PUBLIC MEMBER 2.0
Director
$0 $0 $0
N/A PRESIDENT & CEO 35.0
Officer
$688,761 $13,578 $702,339
N/A Deputy CFO 35.0
Officer
$76,599 $5,132 $81,731
N/A CHIEF FINANCIAL OFFICER (Through 9/2023) 35.0
Officer
$213,299 $9,734 $223,033
N/A CHIEF PROGRAM OFFICER 35.0
Key Emp
$298,614 $8,953 $307,567
N/A CHIEF LEGAL OFFICER 35.0
Key Emp
$280,392 $10,456 $290,848
N/A CHIEF COMMUNICATIONS OFFICER 35.0
Key Emp
$179,428 $7,457 $186,885
N/A CHIEF OPERATING OFFICER 35.0
Key Emp
$207,546 $11,606 $219,152
N/A CNEA EXECUTIVE DIRECTOR 35.0
Key Emp
$214,676 $6,793 $221,469
N/A DIRECTOR OF ASSESSMENT 35.0
Highest
$159,644 $12,049 $171,693
N/A DIRECTOR OF MEMBERSHIP 35.0
Highest
$113,674 $20,860 $134,534
N/A Senior Scientist 35.0
Highest
$123,599 $8,625 $132,224
N/A SR. DIRECTOR OF CREDENTIALING 35.0
Highest
$181,813 $5,695 $187,508
N/A Deputy Chief Director 35.0
Highest
$170,216 $7,060 $177,276
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 No data No data No data No data
2023 $9,305,177 $11,359,513 $9,552,989 $-2,054,336
2022 $9,774,259 $10,937,331 $11,386,809 $-1,163,072
2021 $12,535,414 $10,108,356 $10,616,054 $2,427,058
2020 $10,071,845 $9,078,312 $6,791,059 $993,533
2019 $9,932,114 $10,077,115 $5,515,368 $-145,001
2018 $10,580,832 $10,428,297 $5,439,880 $152,535
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