National Scholarship Providers Ass… - Form 990 Financial Data

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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

1999

Legal Domicile

Principal Officer

Jackie Bright

Phone

3034422524

Tax Period

2023-01-01 to 2023-12-31

National Scholarship Providers Association, founded in 1999, is a community nonprofit in the Human Services sector that reported $1.9M in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year.

Mission

The mission of the National Scholarship Providers Association (NSPA) is to cultivate and empower our scholarship community with the knowledge, skills, and resources to strengthen the impact of scholarships. Membership in the NSPA provides professionals administering scholarships with access to networking opportunities, professional development, and valuable program resources.

Program Service Accomplishments

Program 1

Expenses: $782,905 Revenue: $869,061

Member services and conferences: NSPA provides professional development program design and evauation resources, networking and collaboration opportunities and access to industry research. NSPA has...

Member services and conferences: NSPA provides professional development program design and evauation resources, networking and collaboration opportunities and access to industry research. NSPA has more than 2,400 members from more than 725 organizations across North America and beyond. NSPA's 2023 conference had nearly 700 attendees at the largest conference in our history. Attendees enjoyed more than 118 sessions from 170 presenters. Throughout the year, NSPA hosted more than 41 webinars with over 5,400 attendees as well as ran a mentoring program for its members.

Program 2

Expenses: $832,070

Scholarship industry database: NSPA is significantly impacting scholarship administration by assisting member organizations in strategic decision making based on industry data from the database...

Scholarship industry database: NSPA is significantly impacting scholarship administration by assisting member organizations in strategic decision making based on industry data from the database developed and maintained by NSPA with significant support from the Michael and Susan Dell Foundation.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,039,103

Program Service Revenue $869,061

Investment Income $3,396

Other Revenue $0

TOTAL REVENUE $1,911,560

Expense Breakdown

Grants Paid $0

Salaries & Benefits $598,021

Fundraising Expenses $134,433

Program Expenses $1,614,975

Other Expenses $1,345,662

TOTAL EXPENSES $1,943,683

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,911,560	$2,040,039	-0.1%
Expenses	$1,943,683	$1,889,998	+0.0%
Net Income	$-32,123	$150,041	-1.2%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

150

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

$170,579

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Tiffany Anderson	President	2.00	Officer Director	$0	$0	$0
Bob Ballard	President-Elect	2.00	Officer Director	$0	$0	$0
Jennifer Hazelton	Treasurer	1.00	Officer Director	$0	$0	$0
Jamie Williams	Secretary	1.00	Officer Director	$0	$0	$0
Jane Thompson	Past President	1.00	Officer Director	$0	$0	$0
Jeanna Adams	Director	0.50	Director	$0	$0	$0
Keia Brown	Director	0.50	Director	$0	$0	$0
Tchetchet Digbohou EdD	Director	0.50	Director	$0	$0	$0
Lauren Lo Klink	Director	0.50	Director	$0	$0	$0
Traci Lanier	Director	0.50	Director	$0	$0	$0
Hyein Lee	Director	0.50	Director	$0	$0	$0
David Levy	Director	0.50	Director	$0	$0	$0
Yvonne Moody	Director	0.50	Director	$0	$0	$0
Kellie Pickett PhD	Director	0.50	Director	$0	$0	$0
Kimberly Smith-Bristow	Director	0.50	Director	$0	$0	$0
Laura Steffen	Director	0.50	Director	$0	$0	$0
Jackie Bright	Executive Director	40.00	Officer	$157,101	$13,478	$170,579

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	$1,911,560	$1,943,683	$1,335,318	$-32,123
2022	$2,040,039	$1,889,998	$1,346,059	$150,041
2021	$1,719,995	$1,107,189	$1,208,860	$612,806
2020	$1,179,908	$1,061,388	$575,697	$118,520
2019	$1,145,091	$1,109,380	$487,407	$35,711
2018	$805,981	$676,551	$400,989	$129,430

National Scholarship Providers Association