NATIONAL INSTITUTE OF GOVERNMENTAL PURCHASING INC

EIN: 530196623 501(c)(3)

RESTON, VA

Total Revenue
$7,907,098
Total Expenses
$7,601,789
Total Assets
$7,570,637
Net Assets
$3,204,956
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1945
Legal Domicile
WI
Principal Officer
RICHARD GRIMM
Phone
7037368900
Tax Period
2023-07-01 to 2024-06-30

National Institute of Governmental Purchasing Inc, founded in 1945, is a community nonprofit that reported $6.6M in total revenue in fiscal year 2017. Expenses of $6.1M left a modest 7% surplus.

Mission

TO DEVELOP, SUPPORT, AND PROMOTE THE PUBLIC PROCUREMENT PROFESSION.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $186,233
Program Service Revenue $7,371,682
Investment Income $137,444
Other Revenue $211,739
TOTAL REVENUE $7,907,098

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,779,515
Fundraising Expenses $0
Program Expenses $4,998,467
Other Expenses $3,822,274
TOTAL EXPENSES $7,601,789

Year-over-Year Comparison

2023 2022 Change
Revenue $7,907,098 $7,672,492 +0.0%
Expenses $7,601,789 $7,836,898 0.0%
Net Income $305,309 $-164,406 -2.9%
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
11
Independent Members
11
Employees
33
Volunteers
165

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
$306,779
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CARRIE F MATHES CHAIR 6.50
Officer Director
$0 $0 $0
KATE M ROTELLA CHAIR-ELECT 6.50
Officer Director
$0 $0 $0
GLENN T O'STEEN TREASURER 6.50
Officer Director
$0 $0 $0
LINDSAY CURRIE THOUGHT LEADER 6.50
Director
$0 $0 $0
JODY JACOBY DIRECTOR 6.50
Director
$0 $0 $0
MOLLY MCLOUGHLIN DIRECTOR 6.50
Director
$0 $0 $0
ART MOORE DIRECTOR 6.50
Director
$0 $0 $0
MIKE MUCHA THOUGHT LEADER 6.50
Director
$0 $0 $0
WILLIAM P SHIELDS THOUGHT LEADER 6.50
Director
$0 $0 $0
JON M WALTON DIRECTOR 6.50
Director
$0 $0 $0
STACY LYNN ADAMS DIRECTOR 6.50
Director
$0 $0 $0
RICK L GRIMM CEO 40.00
Officer
$265,167 $41,612 $306,779
FRED KUHN CHIEF GROWTH OFFICER 40.00
Highest
$182,699 $39,839 $222,538
ROBERT SLATER CHIEF CONTENT OFFICER 40.00
Highest
$180,171 $30,264 $210,435
CARRIE WINTER DIRECTOR OF EVENTS & CONTENT DELIVERY 40.00
Highest
$126,044 $26,848 $152,892
TONY YU DIRECTOR OF IT 40.00
Highest
$125,955 $18,478 $144,433
FARESHTA KHELIFI-TOUHAMI DIRECTOR OF MARKETING AND OUTREACH 40.00
Highest
$118,480 $14,129 $132,609
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
2025 No data No data No data No data
2024 $7,907,098 $7,601,789 $7,570,637 $305,309
2023 $7,672,492 $7,836,898 $6,375,134 $-164,406
2022 $6,853,088 $7,184,084 $6,283,863 $-330,996
2021 $6,098,960 $5,805,295 $6,972,915 $293,665
2020 $7,316,298 $8,024,837 $5,844,384 $-708,539
2019 $6,989,356 $7,207,164 $7,451,973 $-217,808
2018 $6,584,715 $6,113,487 $7,293,107 $471,228
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