NATIONAL DISABILITY INSTITUTE INC

EIN: 204205838 501(c)(3) Education

WASHINGTON, DC

Total Revenue
$10,865,128
Total Expenses
$9,376,203
Total Assets
$13,489,820
Net Assets
$10,937,897
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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
MD
Principal Officer
THOMAS E FOLEY
Phone
2022962040
Tax Period
2023-01-01 to 2023-12-31

NATIONAL DISABILITY INSTITUTE INC, founded in 2006, is a mid-sized nonprofit in the Education sector that reported $10.9M in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. Expenses of $9.4M left a modest 14% surplus.

Mission

NDI IS DEDICATED TO BUILDING A BETTER ECONOMIC FUTURE FOR PEOPLE WITH DISABILITIES AND THEIR FAMILIES THROUGH FINANCIAL EDUCATION, ASSET DEVELOPMENT, PUBLIC EDUCATION, POLICY DEVELOPMENT TRAINING, TECHNICAL ASSISTANCE, AND INNOVATIVE COLLABORATIONS WITH GOVERNMENT, FINANCIAL INSTITUTIONS, EMPLOYERS, AND COMMUNITY ORGANIZATIONS.

Program Service Accomplishments

Program 1
Expenses: $3,251,856 Revenue: $1,753,000

ABLE DRRP: FINANCIAL ENGAGEMENT AS A GATEWAY TO COMMUNITY PARTICIPATION: A MULTI-LEVEL INTERVENTION STUDY - FUNDER: NATIONAL INSTITUTE ON DISABILITY, INDEPENDENT LIVING, AND REHABILITATION RESEARCH...

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ABLE DRRP: FINANCIAL ENGAGEMENT AS A GATEWAY TO COMMUNITY PARTICIPATION: A MULTI-LEVEL INTERVENTION STUDY - FUNDER: NATIONAL INSTITUTE ON DISABILITY, INDEPENDENT LIVING, AND REHABILITATION RESEARCH (NIDILRR); ADMINISTRATION FOR COMMUNITY LIVING (ACL); U.S. DEPARTMENT OF HEALTH AND HUMAN SERVICES (HHS)OVERVIEW: ABLE DRRP IS A MULTI-LEVEL INTERVENTION STUDY THAT WILL: A) SERVE 250 YOUNG ADULTS, AGE 18-24, WHO ARE IN RECEIPT OF VIRGINIA VOCATIONAL REHABILITATION SERVICES, RECEIVE SSI OR SSDI, AND ARE LIVING IN ONE OF THREE TARGETED COMMUNITIES - THROUGH A CONTROL GROUP (125 PARTICIPANTS) AND AN INTERVENTION GROUP (125 PARTICIPANTS). B) PROVIDE EACH PARTICIPATING YOUNG ADULT IN THE INTERVENTION GROUP WITH THE FOLLOWING INTERVENTION ACTIVITIES: I. TARGETED FUTURES PLANNING, II. FINANCIAL EDUCATION, III. ABLE ACCOUNT OPENING AND MANAGEMENT ASSISTANCE, IV. $100 IN ABLE ACCOUNT, AND V. FINANCIAL COACHING. C) SURVEY EACH PARTICIPATING YOUNG ADULT IN THE INTERVENTION GROUP TO UNDERSTAND THE IMPACT OF THE INTERVENTION ON THEIR LEVEL OF COMMUNITY PARTICIPATION AND LIVING. D) SURVEY EACH PARTICIPATING YOUNG ADULT IN THE CONTROL GROUP TO UNDERSTAND THEIR LEVEL OF COMMUNITY PARTICIPATION AND LIVING. E) ANALYZE FINDINGS TO PREPARE KNOWLEDGE TRANSLATION MATERIALS FOR USE BY THE FIELD. THIS WILL BE THE FIRST DATA OF ITS KIND DATA TO BETTER UNDERSTAND INFLUENCES ON THE USE OF ABLE ACCOUNTS AND THEIR IMPACT ON THE COMMUNITY PARTICIPATION OUTCOMES OF YOUNG ADULTS WITH DISABILITIES.

Program 2
Expenses: $2,405,587 Revenue: $1,296,796

FINANCIAL EMPOWERMENT PROGRAMS - FUNDERS: PRIVATE SECTOR PARTNERSHIPS INCLUDING BANK OF AMERICA, CITI COMMUNITY DEVELOPMENT, JP MORGAN CHASE, PRUDENTIAL, TD BANK, AND WELLS FARGOOVERVIEW: FINANCIAL...

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FINANCIAL EMPOWERMENT PROGRAMS - FUNDERS: PRIVATE SECTOR PARTNERSHIPS INCLUDING BANK OF AMERICA, CITI COMMUNITY DEVELOPMENT, JP MORGAN CHASE, PRUDENTIAL, TD BANK, AND WELLS FARGOOVERVIEW: FINANCIAL EMPOWERMENT PROGRAMS PROVIDE PROJECTS AND ACTIVITIES ACROSS THE COUNTRY THAT MEET THE INSTITUTE'S MISSION TO BUILD A BETTER ECONOMIC FUTURE FOR INDIVIDUALS WITH DISABILITIES. FINANCIAL EMPOWERMENT PROGRAMS USE TECHNOLOGY, CROSS-COLLABORATION STRATEGIES WITH DIVERSE PARTNERS, AND NDI'S MARKETING, COMMUNICATION, EDUCATION AND TRAINING AND TECHNICAL ASSISTANCE STRATEGIES TO BUILD DISABILITY INCLUSIVE PRACTICES AND ADVANCE ECONOMIC STABILITY AND MOBILITY FOR LOW-INCOME INDIVIDUALS WITH DISABILITIES AND THEIR FAMILIES. NDI INVITES ORGANIZATIONS AND INDIVIDUALS FROM THE FIELD (DISABILITY-FOCUSED AND FINANCIAL EMPOWERMENT-FOCUSED) TO RECEIVE FREE TRAINING AND TECHNICAL ASSISTANCE THROUGH OUR NDI WEBSITE, OUR FINANCIAL RESILIENCE CENTER PAGES, WEBINARS, NEWSLETTERS, AND OTHER MEDIA, AND THROUGH THE ABLE NATIONAL RESOURCE CENTER.FINANCIAL RESILIENCE CENTER - FUNDER: WELLS FARGOOVERVIEW: THE FINANCIAL RESILIENCE CENTER (FRC) PROVIDES RESOURCES TO HELP PEOPLE WITH DISABILITIES AND CHRONIC HEALTH CONDITIONS RESPOND TO THE FINANCIAL CHALLENGES OF THE COVID-19 PANDEMIC. THE FRC IS AN ONLINE HUB TO ANSWER FREQUENTLY ASKED QUESTIONS ABOUT: COVID-19 STIMULUS; EMPLOYMENT AND UNEMPLOYMENT; PUBLIC BENEFITS; MONEY MANAGEMENT; HOUSING, FOOD AND HEALTHCARE; SCAMS; AND MORE. THE FRC PROVIDES NEEDED INFORMATION AND RESOURCES TO HELP PEOPLE WITH DISABILITIES NAVIGATE FINANCIALLY THROUGH THE COVID-19 CRISIS.FINANCIAL WELLNESS INITIATIVE - FUNDER: ILLINOIS COUNCIL ON DEVELOPMENTAL DISABILITIESOVERVIEW: NDI-LED TRAINING OF DISABILITY SERVICE PROVIDERS WHO WILL IN TURN TRAIN INDIVIDUALS WITH DISABILITIES AND THEIR FAMILIES ON FINANCIAL WELLNESS STRATEGIES. CORE STRATEGIES INCLUDE TRAINING ON IMPROVED UTILIZATION OF PUBLIC BENEFITS, FAVORABLE TAX PROVISIONS, SOCIAL SECURITY WORK INCENTIVES AND MATCHED SAVINGS PLANS AND FINANCIAL EDUCATION AND COACHING TECHNIQUES.

Program 3
Expenses: $1,476,385 Revenue: $795,885

PROJECT E3 - VOCATIONAL REHABILITATION TECHNICAL ASSISTANCE CENTER - TARGETED COMMUNITIES (VRTAC-TC) - FUNDER: DEPARTMENT OF EDUCATION REHABILITATION SERVICES ADMINISTRATION THROUGH A SUBCONTRACT...

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PROJECT E3 - VOCATIONAL REHABILITATION TECHNICAL ASSISTANCE CENTER - TARGETED COMMUNITIES (VRTAC-TC) - FUNDER: DEPARTMENT OF EDUCATION REHABILITATION SERVICES ADMINISTRATION THROUGH A SUBCONTRACT WITH SOUTHERN UNIVERSITYOVERVIEW: PROVIDE TECHNICAL ASSISTANCE (TA) TO STATE VOCATIONAL REHABILITATION AGENCIES (SVRAS) AND THEIR PARTNERS, ADDRESSING BARRIERS TO VR PARTICIPATION AND COMPETITIVE, INTEGRATED EMPLOYMENT OF HISTORICALLY UNDERSERVED GROUPS OF INDIVIDUALS WITH DISABILITIES. INTENSIVE TA IS PROVIDED ONSITE THROUGH LONG-TERM SERVICE DELIVERY RELATIONSHIPS WITH LOCAL VR AGENCY PERSONNEL AND COMMUNITY-BASED PARTNERS IN ECONOMICALLY DISADVANTAGED COMMUNITIES IDENTIFIED BY THE SVRAS.WORKFORCE INNOVATION TECHNICAL ASSISTANCE CENTER ON QUALITY MANAGEMENT (WINTAC-QM) - FUNDER: DEPARTMENT OF EDUCATION REHABILITATION SERVICES ADMINISTRATION THROUGH A SUBCONTRACT WITH THE INTERWORK INSTITUTE AT SAN DIEGO STATE UNIVERSITYOVERVIEW: WINTAC-QM IS A NEW ITERATION OF PREVIOUSLY FUNDED WORK CALLED WORKFORCE INNOVATION TECHNICAL ASSISTANCE CENTER (WINTAC) ESTABLISHED TO PROVIDE SUPPORT TO SVRA'S IN IMPLEMENTING THE WORKFORCE INNOVATION AND OPPORTUNITY ACT (WIOA) AND INCREASING AGENCY CAPACITY TO RESPOND TO POPULATIONS WITH SIGNIFICANT CHALLENGES.WINTAC-QM NARROWS THE FOCUS TO QUALITY MANAGEMENT OF SVRAS TO IMPROVE EMPLOYMENT OUTCOMES FOR PEOPLE WITH DISABILITIES IN PARTICIPATING STATES. OUR ROLE IN THE PROJECT IS TO ADVISE SVRAS ON THE OPPORTUNITIES AVAILABLE UNDER THE COMMUNITY REINVESTMENT ACT (CRA). CRA RULES PROMOTE PARTNERSHIPS THAT CREATE WORK OPPORTUNITIES AND IMPROVE EMPLOYMENT OUTCOMES FOR MARGINALIZED COMMUNITIES.

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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 $6,057,155
Program Service Revenue $4,527,857
Investment Income $274,946
Other Revenue $5,170
TOTAL REVENUE $10,865,128

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,534,218
Fundraising Expenses $325,141
Program Expenses $8,399,283
Other Expenses $4,841,985
TOTAL EXPENSES $9,376,203

Year-over-Year Comparison

2023 2022 Change
Revenue $10,865,128 $11,530,176 -0.1%
Expenses $9,376,203 $5,518,961 +0.7%
Net Income $1,488,925 $6,011,215 -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
11
Employees
53
Volunteers
12

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
5
$446,460
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL JENSEN BOARD CHAIR 0.50
Officer Director
$0 $0 $0
PAULA KELLEY VICE CHAIR 0.50
Director
$0 $0 $0
JANET HAMER TREASURER 0.50
Officer Director
$0 $0 $0
DAN HARTNETT SECRETARY 0.50
Officer Director
$0 $0 $0
ALEXANDRA MCARTHUR BOARD MEMBER 0.50
Director
$0 $0 $0
JESSICA VANSCAVISH BOARD MEMBER 0.50
Director
$0 $0 $0
KAMILAH MARTIN-PROCTOR BOARD MEMBER 0.50
Director
$0 $0 $0
PAMELA OWENS BOARD MEMBER 0.50
Director
$0 $0 $0
WIL LEWIS BOARD MEMBER 0.50
Director
$0 $0 $0
SUSAN TACHAU BOARD MEMBER (UNTIL 08/23) 0.50
Director
$0 $0 $0
ANDREW MCCARTNEY BOARD MEMBER 0.50
Director
$0 $0 $0
OSCAR JIMENEZ-SOLOMON BOARD MEMBER 0.50
Director
$0 $0 $0
THOMAS FOLEY EXECUTIVE DIRECTOR 40.00
Officer
$223,157 $22,043 $245,200
ELIZABETH JENNINGS DEPUTY DIRECTOR 40.00
Officer
$185,485 $15,775 $201,260
LAURA GLENECK EMPLOYMENT DIVISION DIR. 40.00
Highest
$134,543 $18,649 $153,192
KATHY BRANNIGAN DIRECTOR OF MARKETING 40.00
Highest
$126,577 $17,954 $144,531
GAIL WATSON DIRECTOR OF FINANCE & HR 40.00
Highest
$118,189 $13,240 $131,429
RAMONIA ROCHESTER DIRECTOR OF RESEARCH 40.00
Highest
$109,062 $9,017 $118,079
MARIA JARAMILLO FINANCIAL EMPOWERMENT DIV. DIR 40.00
Highest
$104,804 $12,946 $117,750
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 $10,865,128 $9,376,203 $13,489,820 $1,488,925
2022 $11,530,176 $5,518,961 $10,367,427 $6,011,215
2021 $4,131,666 $3,952,019 $4,364,302 $179,647
2020 $5,377,170 $4,765,522 $3,916,253 $611,648
2019 $3,602,376 $4,115,386 $3,420,733 $-513,010
2018 $4,370,876 $4,236,832 $4,025,488 $134,044
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