Evanston, IL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)National Merit Scholarship Corporation, founded in 1955, is a mid-sized nonprofit in the Education sector that reported $59.1M in total revenue in fiscal year 2024. Revenue surged 51% from the prior year, signaling strong growth momentum. The organization ran a surplus of $14.4M, a strong 24% operating margin.
The mission of National Merit Scholarship Corporation (NMSC) is to recognize and honor the academically talented students of the United States. NMSC accomplishes its mission by conducting nationwide academic scholarship programs. The enduring goals of NMSC's scholarship programs are: to promote a wider and deeper respect for learning in general and for exceptionally talented individuals in particular; to shine a spotlight on brilliant students and encourage the pursuit of academic excellence at all levels of education; and to stimulate increased support from individuals and organizations that wish to sponsor scholarships for outstanding scholastic talent.
The National Merit Scholarship Program is an academic competition for recognition and scholarships that began in 1955. High school students enter the National Merit Program by taking the Preliminary...
The National Merit Scholarship Program is an academic competition for recognition and scholarships that began in 1955. High school students enter the National Merit Program by taking the Preliminary SAT/National Merit Scholarship Qualifying Test (PSAT/NMSQT) - a test which serves as an initial screen of over 1.3 million entrants each year-and by meeting published program entry/participation requirements. For fiscal year 05/31/25 the National Merit Scholarship Program included:Four-Year Renewable Scholarships: 20,076 recipients One-Time Awards: 2,654 recipients
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $59,091,988 | $39,117,284 | +0.5% |
| Expenses | $44,678,909 | $46,187,457 | 0.0% |
| Net Income | $14,413,079 | $-7,070,173 | -3.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Timothy E McGuire | President | 50.00 |
Officer
Director
|
$445,234 | $100,294 | $545,528 |
| Frank J Dellaquila | Chairman | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Heidi B Jark | Vice Chairman | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Peter C Jennings | Vice Chairman | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Richard C Benson | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Brad R Carson | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Curley M Dossman Jr | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Diane E Earll | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Colleen M Harsin | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Michael G Johnson | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Erin B Kohl | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Jeremy J Lowe | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Rosemary E Matzl | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Thomas E Pittman | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Mark E Reed | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Charles F Robinson | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Susan T Sadler | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Justin C Walker | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Wendy A Watkins | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Brian P Sinchak | Past Director | 0.50 |
Director
|
$0 | $0 | $0 |
| David L Stubblefield | Past Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Kamilla L Spoehr | Vice President and Treasurer | 40.00 |
Officer
|
$186,894 | $63,620 | $250,514 |
| Kimberly C Greiner | Vice President | 40.00 |
Officer
|
$137,183 | $48,018 | $185,201 |
| Richard L Sevcik | Corporate Secretary | 0.50 |
Officer
|
$0 | $0 | $0 |
| Yucheng Yuan | Exec. Director of IT | 40.00 |
Highest
|
$150,520 | $36,180 | $186,700 |
| Sean M MacCready ED of | Scholar & Donor Svcs (until 1/24/25) | 40.00 |
Highest
|
$154,958 | $49,413 | $204,371 |
| Nancy A Bogart | Exec. Dir. of Sponsor Services | 40.00 |
Highest
|
$121,534 | $43,898 | $165,432 |
| Joon K Han | Director of IT | 40.00 |
Highest
|
$117,497 | $51,382 | $168,879 |
| Eileen M Artemakis | Exec. Dir. of Public Information | 40.00 |
Highest
|
$111,020 | $47,781 | $158,801 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $59,091,988 | $44,678,909 | $160,676,185 | $14,413,079 |
| 2024 | $39,117,284 | $46,187,457 | $159,683,845 | $-7,070,173 |
| 2023 | $44,073,587 | $46,689,079 | $147,223,809 | $-2,615,492 |
| 2022 | $48,812,350 | $49,690,075 | $155,771,108 | $-877,725 |
| 2021 | $50,191,294 | $47,808,900 | $183,825,978 | $2,382,394 |
| 2020 | $43,963,602 | $50,321,099 | $147,852,638 | $-6,357,497 |
| 2019 | $48,986,860 | $50,965,849 | $150,542,495 | $-1,978,989 |
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