Nicsa Inc
- Assets
- $1.9m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 10
- Location
- Boston, MA
- Founding
- 09/2000
- Data as of
- 03/2022
- EIN
- 04-3044983
Organization Overview
Nicsa Inc is located in Boston, MA. The organization was established in 2000. According to its NTEE Classification (B50) the organization is classified as: Graduate & Professional Schools, under the broad grouping of Education and related organizations. As of 03/2022, Nicsa Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nicsa Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 03/2022, Nicsa Inc generated $2.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $2.0m during the year ending 03/2022. While expenses have increased by 4.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
NICSA IS THE LEADING PROVIDER OF INDEPENDENT EDUCATION AND NETWORKING FORUMS TO PROFESSIONALS IN THE GLOBAL INVESTMENT MANAGEMENT COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL CONFERENCE: NICSA STRATEGIC LEADERSHIP FORUM AND EXPO PROVIDES EDUCATIONAL AND NETWORKING OPPORTUNITIES FOR ITS MEMBERSHIP.
DIVERSITY PROJECT: THE GOAL OF THE DIVERSITY PROJECT IS TO ACCELERATE PROGRESS TOWARD A MORE INCLUSIVE CULTURE ACROSS ALL DEMOGRAPHICS INCLUDING GENDER, ETHNICITY, SEXUAL ORIENTATION, AGE AND DISABILITY. THE DIVERSITY PROJECT WILL ALSO FOCUS ON ENHANCING THE FINANCIAL SERVICES INDUSTRY BRAND WITHIN HIGHER EDUCATION AND DEVELOPING AND SHARING LEADING PRACTICES ACROSS MEMBER FIRMS.
GENERAL MEMBERSHIP MEETINGS: NICSA FACILITATED A NATIONAL MEETING THAT PROVIDED EDUCATION AND NETWORKING OPPORTUNITIES FOR ITS MEMBERSHIP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James A Fitzpatrick President & CEO | OfficerTrustee | 40 | $408,125 |
Justine Phoenix Vice President | 40 | $134,500 | |
Kelly Sherrard Executive Director | 40 | $114,813 | |
Allison Walsh Vice President | 40 | $111,156 | |
Allison Lovett Vice President | 40 | $101,302 | |
David Whitaker Vice President | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Trump Miami Resort Mtg Venue/ Hotel | 3/30/19 | $155,200 |
Interel Us Inc Association Management Services | 3/30/19 | $261,241 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $48,355 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $48,355 |
| Total Program Service Revenue | $2,069,095 |
| Investment income | $42 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$38,493 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,079,510 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $9,862 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $445,113 |
| Compensation of current officers, directors, key employees. | $44,511 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $759,787 |
| Pension plan accruals and contributions | $9,920 |
| Other employee benefits | $38,379 |
| Payroll taxes | $80,889 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,227 |
| Fees for services: Accounting | $47,579 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $11,376 |
| Advertising and promotion | $2,478 |
| Office expenses | $58,002 |
| Information technology | $123,838 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $27,594 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $367,207 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,809 |
| All other expenses | $0 |
| Total functional expenses | $2,000,063 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,122,024 |
| Savings and temporary cash investments | $624,132 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $121,295 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $38,545 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,905,996 |
| Accounts payable and accrued expenses | $558,151 |
| Grants payable | $0 |
| Deferred revenue | $561,928 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,120,079 |
| Net assets without donor restrictions | $785,917 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,905,996 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Nicsa Inc has recieved totaling $100,000.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Boston Architectural College Boston, MA | $43,735,977 | $21,122,754 |
Rabbi Isaac Elchanan Theological Seminary New York, NY | $154,914,739 | $24,312,479 |
Webb Institute Glen Cove, NY | $108,979,783 | $22,554,419 |
Sackler School Of Medicine New York, NY | $3,810,351 | $9,320,787 |
New York Academy Of Art New York, NY | $18,557,370 | $9,146,405 |
Auburn Theological Seminary New York, NY | $28,146,377 | $5,237,023 |
Hartford International University For Religion And Peace Hartford, CT | $70,630,501 | $3,322,795 |
Massachusetts School Of Law At Andover Andover, MA | $10,679,528 | $4,847,415 |
New York Theological Seminary New York, NY | $2,378,321 | $4,439,036 |
Yeshiva Derech Chaim Brooklyn, NY | $2,751,947 | $4,396,697 |
Yeshiva Gedolah Rabbinical West Haven, CT | $3,945,366 | $3,943,567 |
New York College Of Traditional Chinese Medicine Mineola, NY | $5,746,257 | $4,024,503 |