National Association Of Scholars Inc
- Assets
- $4.9m
- Revenue
- $3.0m
- Investments
- $3.6m
- Employees
- 16
- Location
- New York, NY
- Founding
- 11/1991
- Data as of
- 12/2021
- EIN
- 11-2741490
Organization Overview
National Association Of Scholars Inc is located in New York, NY. The organization was established in 1991. According to its NTEE Classification (B40) the organization is classified as: Higher Education, under the broad grouping of Education and related organizations. As of 12/2021, National Association Of Scholars Inc employed 16 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. National Association Of Scholars 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 12/2021, National Association Of Scholars Inc generated $3.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.4% each year . All expenses for the organization totaled $2.1m during the year ending 12/2021. While expenses have increased by 7.7% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTION AND PRESERVATION OF HIGH ACADEMIC STANDARDS IN TEACHING AND SCHOLARSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
JOURNALS & REPORTSPUBLISHED A QUARTERLY JOURNAL, ACADEMIC QUESTIONS, WHICH EXPLORES THE VICES AND VIRTUES OF THE CONTEMPORARY UNIVERSITY. ISSUES ARE OFTEN THEMED AND INCLUDE SCHOLARLY ARTICLES, BOOK REVIEWS, POETRY, AND ITEMS OF ACADEMIC INTEREST. A SUBSCRIPTION TO ACADEMIC QUESTIONS IS INCLUDED IN NAS MEMBERSHIP. PUBLISH STUDIES THAT EXAMINE CURRICULA AND OTHER ASPECTS OF HIGHER EDUCATION POLICY AND PRACTICE. THESE STUDIES DOCUMENT TRENDS IN CONTEMPORARY ACADEMIA. THEY AIM TO STIMULATE IMPROVEMENTS TO THE QUALITY OF EDUCATION IN OUR COLLEGES AND UNIVERSITIES.
ADVOCACY, COMMENTARY AND MEETINGSNATIONAL ASSOCIATION OF SCHOLARS ADVOCATES FOR HIGHER EDUCATION REFORM AND FREEDOM OF SPEECH AND CONSCIENCE. WE ENGAGE PUBLIC SUPPORT FOR WORTHY REFORMS. IN OUR WRITING WE ADVOCATE PUBLICLY FOR THE INTELLECTUAL FREEDOM OF FACULTY MEMBERS, ADMINISTRATORS, STUDENTS, AND INVITED CAMPUS SPEAKERS. OUR WEBSITE PRESENTS DAILY OPINION AND COMMENTARY ON DEVELOPMENTS AND TRENDS IN HIGHER EDUCATION. A HIGH-TRAFFIC DESTINATION LINKED BY MAJOR ONLINE PUBLICATIONS, NAS.ORG PUBLISHES SUBSTANTIAL OP-ED STYLE ARTICLES BY GUEST AUTHORS AND NAS STAFF, ALONG WITH DEBATES AND VIDEOS.NAS HOLDS NATIONAL AND REGIONAL MEETINGS THAT FOCUS ON IMPORTANT ISSUES AND PUBLIC POLICY DEBATES IN HIGHER EDUCATION TODAY. AT THESE MEETINGS AND CONFERENCES, THOSE CONCERNED ABOUT HIGHER EDUCATION CONVENE TO DISCUSS ISSUES OF THE MOMENT, PROPOSE REFORMS, AND RECOGNIZE INDIVIDUAL ACHIEVEMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Wood President | Officer | 40 | $202,033 |
Bnelson Ong Board Member & Secretary | OfficerTrustee | 0 | $0 |
Albert Keith Whitaker Member & Chairman | OfficerTrustee | 0 | $0 |
Ward Connerly Member | Trustee | 0 | $0 |
Thomas Klingenstein Member & Treasurer | Trustee | 0 | $0 |
Wight Martindale Member | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $174,924 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,721,724 |
| Noncash contributions included in lines 1a–1f | $189,202 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,896,648 |
| Total Program Service Revenue | $0 |
| Investment income | $78,592 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $57 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,975,459 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $45,141 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $202,034 |
| Compensation of current officers, directors, key employees. | $28,871 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $758,378 |
| Pension plan accruals and contributions | $48,819 |
| Other employee benefits | $111,162 |
| Payroll taxes | $70,557 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,285 |
| Fees for services: Accounting | $11,617 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $75,111 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $62,995 |
| Advertising and promotion | $0 |
| Office expenses | $59,953 |
| Information technology | $43,704 |
| Royalties | $0 |
| Occupancy | $151,761 |
| Travel | $51,138 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $20,884 |
| All other expenses | $4,671 |
| Total functional expenses | $2,076,320 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,261,902 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $10,529 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $3,629,098 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $35,063 |
| Total assets | $4,936,592 |
| Accounts payable and accrued expenses | $42,516 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $42,516 |
| Net assets without donor restrictions | $4,347,936 |
| Net assets with donor restrictions | $546,140 |
| 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 | $4,936,592 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that National Association Of Scholars Inc has recieved totaling $158,835.
| Awarding Organization | Amount |
|---|---|
Bradley Impact Fund Inc Milwaukee, WI PURPOSE: GENERAL CHARITABLE PURPOSES | $42,000 |
Bradley Impact Fund Inc Milwaukee, WI PURPOSE: GENERAL CHARITABLE PURPOSES | $42,000 |
F M Kirby Foundation Inc Morristown, NJ PURPOSE: IN SUPPORT OF 501C3 PURPOSE | $30,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $25,475 |
Donors Trust Inc Alexandria, VA PURPOSE: for general operations | $12,360 |
T Rowe Price Program For Charitable Giving Inc Baltimore, MD PURPOSE: GENERAL OPERATING | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Benjamin Franklin Institute Of Technology Boston, MA | $15,070,208 | $17,077,730 |
Montserrat College Of Art Inc Beverly, MA | $16,506,023 | $17,973,351 |
Merrick Academy Queens Public Charter School Springfield Gardens, NY | $3,505,135 | $11,792,569 |
Omega Institute For Holistic Studies Inc Rhinebeck, NY | $27,528,865 | $10,367,756 |
Yeshivat Aish Hatorah Clifton, NJ | $25,730,558 | $11,593,750 |
Pennsylvania College Of Art And Design Lancaster, PA | $15,635,445 | $9,536,252 |
International Institute For Restorative Practices Bethlehem, PA | $9,904,972 | $8,760,911 |
Urban College Of Boston A Two Year College Inc Boston, MA | $2,648,182 | $7,626,014 |
University At Buffalo Otolaryngology Inc Buffalo, NY | $799,618 | $5,038,737 |
National Academy Of Design New York, NY | $76,726,771 | $4,754,677 |
Andover Newton Theological School Wayland, MA | $4,688,013 | $16,291 |
Yeshivat Maharat Inc Riverdale, NY | $6,390,529 | $2,913,175 |