NATIONAL ASSOCIATION OF ELEMENTARY SCHOOL PRINCIPALS FOUNDATION

EIN: 541223334 501(c)(3) Community Improvement

ALEXANDRIA, VA

Total Revenue
$382,002
Total Expenses
$315,145
Total Assets
$971,155
Net Assets
$900,664
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
DC
Principal Officer
DR L EARL FRANKS
Phone
7036843345
Tax Period
2023-07-01 to 2024-06-30

NATIONAL ASSOCIATION OF ELEMENTARY SCHOOL PRINCIPALS FOUNDATION, founded in 1981, is a small nonprofit in the Community Improvement sector that reported $382K in total revenue in fiscal year 2023. The organization ran a surplus of $67K, a strong 18% operating margin.

Mission

THE NAESP FOUNDATION ADVANCES EXCELLENCE, INNOVATION, AND EQUITY IN SCHOOLS BY ENDOWING LEADERSHIP AND LEARNING FOR PRINCIPALS FOR THE BENEFIT OF CHILDREN.

Program Service Accomplishments

Program 1
Expenses: $230,686 Revenue: $4,865

OVERSEAS SCHOOL PROGRAM FOCUSES ON ELEMENTARY AND SECONDARY EDUCATION AND HELPING TO ENSURE THAT AMERICAN-SPONSORED OVERSEAS SCHOOLS STAY ABREAST OF NEW ACADEMIC AND TECHNOLOGICAL OPPORTUNITIES...

Read more

OVERSEAS SCHOOL PROGRAM FOCUSES ON ELEMENTARY AND SECONDARY EDUCATION AND HELPING TO ENSURE THAT AMERICAN-SPONSORED OVERSEAS SCHOOLS STAY ABREAST OF NEW ACADEMIC AND TECHNOLOGICAL OPPORTUNITIES OFFERED TO CHILDREN AND YOUTH IN THE U.S.

Program 2
Expenses: $73,581

THROUGH FUNDING PROVIDED BY THE WALLACE FOUNDATION, NAESP FOUNDATION IS COMPLETING PROJECTS IN REGARD TO THE KEY PRACTICES OF PRINCIPAL LEADERSHIP, WITH A SPECIAL FOCUS ON EARLY CAREER PRINCIPALS AND...

Read more

THROUGH FUNDING PROVIDED BY THE WALLACE FOUNDATION, NAESP FOUNDATION IS COMPLETING PROJECTS IN REGARD TO THE KEY PRACTICES OF PRINCIPAL LEADERSHIP, WITH A SPECIAL FOCUS ON EARLY CAREER PRINCIPALS AND SOCIAL EMOTIONAL LEARNING. THESE PROJECTS INCLUDE: SESSIONS AT NAESP'S ANNUAL CONFERENCE; A CAPITOL HILL BRIEFING ON STRENGTHENING PRINCIPAL PREPARATION PROGRAMS; A WEBINAR ON EFFECTIVE PRINCIPAL PRACTICES FOR ASPIRING AND EARLY CAREER PRINCIPALS; A MAGAZINE ARTICLE AND A SPECIAL SUPPLEMENT IN NAESP'S PRINCIPAL MAGAZINE; DIGITAL DISSEMINATION OF WALLACE RESEARCH; AND NAESP STAFF PARTICIPATION IN THE WALLACE PROFESSIONAL LEARNING COMMUNITY MEETINGS. THESE ACTIVITIES WERE COMPLETED BY NAESP STAFF, AND WITH COLLABORATION WITH FREELANCERS AND YGS MEDIA AGENCY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $296,842
Program Service Revenue $2,365
Investment Income $9,164
Other Revenue $73,631
TOTAL REVENUE $382,002

Expense Breakdown

Grants Paid $91,000
Salaries & Benefits $31,163
Fundraising Expenses $0
Program Expenses $304,267
Other Expenses $192,982
TOTAL EXPENSES $315,145

Year-over-Year Comparison

2023 2022 Change
Revenue $382,002 $353,924 +0.1%
Expenses $315,145 $566,887 -0.4%
Net Income $66,857 $-212,963 -1.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
4
Independent Members
3
Employees
N/A
Volunteers
4

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
$363,758
Total Directors
5
$363,758
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
L EARL FRANKS PRESIDENT 5.00
Officer Director
$0 $55,238 $363,758
LIZA CARABALLO-SUAREZ EDD SEC. (UNTIL 7/23)/VP (AS OF 8/23) 1.00
Officer Director
$0 $0 $0
DAVE STECKLER VICE PRESIDENT (UNTIL 7/23) 1.00
Officer Director
$0 $0 $0
KEVIN ARMSTRONG EDD TRES. (UNT 7/23)/SEC. (AS OF 8/23) 1.00
Officer Director
$0 $0 $0
APRIL KNIGHT TREASURER (AS OF 8/23) 1.00
Officer Director
$0 $0 $0
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 $382,002 $315,145 $971,155 $66,857
2023 $353,924 $566,887 $1,054,062 $-212,963
2022 $773,858 $348,093 $1,175,517 $425,765
2021 $576,463 $346,237 $846,581 $230,226
2020 $232,933 $217,993 $767,651 $14,940
2019 $489,012 $196,187 $748,149 $292,825
Explore More Nonprofits
Top 100 Nonprofits in Virginia Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare NATIONAL ASSOCIATION OF ELEMENTARY SCHOOL PRINCIPALS FOUNDATION with other nonprofits in Virginia and across the country.