National Association For College Admission Counseling Inc
- Assets
- $22.6m
- Revenue
- $9.9m
- Investments
- $0.0
- Employees
- 40
- Location
- Arlington, VA
- Founding
- 10/2008
- Data as of
- 12/2020
- EIN
- 26-1909449
Organization Overview
National Association For College Admission Counseling Inc is located in Arlington, VA. The organization was established in 2008. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 12/2021, National Association For College Admission Counseling Inc employed 40 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Association For College Admission Counseling 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 12/2020, National Association For College Admission Counseling Inc generated $9.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.7%) each year. All expenses for the organization totaled $11.1m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (7.0%) per year over the past 6 years. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
EMPOWERING COLLEGE ADMISSION COUNSELING PROFESSIONALS THROUGH EDUCATION, ADVOCACY, AND COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE NATIONAL CONFERENCE AND EDUCATIONAL SEMINARS PROVIDE A FORUM FOR COUNSELING AND ADMISSION PROFESSIONALS TO NETWORK, RECEIVE PROFESSIONAL TRAINING, AND EXCHANGE INFORMATION TO ENHANCE THEIR OWN PROFESSIONAL DEVELOPMENT AND ADVANCE THE COUNSELING AND ADMISSION PROFESSIONS, FROM MARCH 2021 - DECEMBER 2021, THESE WERE HELD VIRTUALLY.
NATIONAL COLLEGE FAIRS, PERFORMING AND VISUAL ARTS COLLEGE FAIRS, AND STEM FAIRS (SCIENCE, TECHNOLOGY, ENGINEERING AND MATH) ARE HELD IN CITIES ACROSS NORTH AMERICA BRINGING STUDENTS IN DIRECT CONTACT WITH ADMISSION PROFESSIONALS FROM PARTICIPATING POST-SECONDARY INSTITUTIONS. FROM MARCH 2021 - DECEMBER 2021, THE FAIRS WERE HELD VIRTUALLY. NACAC WORKS WITH LOCAL COUNSELORS AND ADMISSION PROFESSIONALS AT EACH EVENT TO ENSURE ATTENDANCE BY STUDENTS FROM ALL SOCIAL, ECONOMIC, AND ETHNIC BACKGROUNDS. THIS STUDENT POPULATION HAS BEEN EXPANDED FROM HIGH SCHOOL STUDENTS ONLY TO ALSO INCLUDE,COLLEGE TRANSFERS, VETERANS, AND OTHERS FROM NON-TRADITIONAL EDUCATIONAL BACKGROUNDS.
THE PUBLIC POLICY AND RESEARCH DEPARTMENT FOLLOWS LEGISLATIVE ACTION RELATED TO COLLEGE ADMISSIONS AND KEEPS MEMBERS INFORMED OF POLICY ISSUES RELATED TO THE PROFESSION. THE DEPARTMENT ALSO PRODUCES RESEARCH MATERIALS AND BRIEFS ON TOPICS OF INTEREST TO OTHERS.
MEMBERSHIP SERVICES, PUBLICATIONS, GRANTS AND GRANTS ADMINISTRATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Angel Perez CEO | OfficerTrustee | 35 | $381,882 |
John Mcgrath Deputy CEO | Officer | 35 | $240,873 |
David Hawkins Chief Education & Policy Officer | Officer | 35 | $187,534 |
Pia Brown Director, Events & Meetings | Officer | 35 | $182,985 |
Joe Brentzel Executive Director Of Information Management | Officer | 35 | $182,466 |
Shantel Goodman-Luckett Chief Experience Officer | 35 | $168,677 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Shepard Av Av Services | 12/30/21 | $529,717 |
Washington State Convention & Trade Ctr Decorator Services & Space Rental | 12/30/21 | $491,220 |
Pete Mackey Consulting Llc Communications Consultant | 12/30/21 | $127,835 |
Visitdays Corp Decorator Services | 12/30/21 | $705,000 |
Nimble User Salesforce Integration Platform | 12/30/21 | $110,439 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $647,460 |
| Investment income | $281,890 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $485,786 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $191 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,863,408 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $45,250 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,829,720 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,701,749 |
| Pension plan accruals and contributions | $305,034 |
| Other employee benefits | $419,926 |
| Payroll taxes | $371,425 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $257,469 |
| Fees for services: Accounting | $56,120 |
| Fees for services: Lobbying | $134,105 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $53,455 |
| Fees for services: Other | $282,654 |
| Advertising and promotion | $158,716 |
| Office expenses | $547,905 |
| Information technology | $412,028 |
| Royalties | $0 |
| Occupancy | $642,661 |
| Travel | $126,239 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,054,557 |
| Interest | $2,967 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $493,653 |
| Insurance | $102,778 |
| All other expenses | $0 |
| Total functional expenses | $11,068,649 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,073,650 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $241,007 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $9,797 |
| Prepaid expenses and deferred charges | $895,575 |
| Investments—publicly traded securities | $14,276,558 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $400 |
| Total assets | $22,607,858 |
| Accounts payable and accrued expenses | $861,794 |
| Grants payable | $0 |
| Deferred revenue | $5,322,052 |
| Tax-exempt bond liabilities | $3,318,033 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $18,531 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,112,800 |
| Total liabilities | $10,633,210 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $11,974,648 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that National Association For College Admission Counseling Inc has recieved totaling $8,637.
| Awarding Organization | Amount |
|---|---|
Johnson Charitable Gift Fund Cincinnati, OH PURPOSE: GENERAL FUND | $8,600 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $37 |
Endowment Analysis
| Beg. Balance | $51,059 |
| Earnings | $6,249 |
| Ending Balance | $57,308 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Center For Research In Advanced Information & Digital Tec Washington, DC | $0 | $38,475,850 |
Common Application Inc Arlington, VA | $52,971,416 | $52,316,500 |
Longwood University Real Estate Foundation Farmville, VA | $322,438,396 | $31,911,007 |
Education Trust Inc Washington, DC | $60,384,663 | $28,594,144 |
Fwdus Education Fund Inc Washington, DC | $39,522,128 | $52,902,160 |
Chiefs For Change Washington, DC | $30,000,112 | $22,072,365 |
Duke Corporate Education Durham, NC | $27,489,390 | $18,675,614 |
Achieving The Dream Inc Silver Spring, MD | $48,979,373 | $23,156,070 |
Camc Health Education And Research Institute Inc Charleston, WV | $10,132,150 | $15,955,209 |
Cape Fear Tutoring Inc Wilmington, NC | $2,173,027 | $16,040,654 |
Us Ignite Inc Washington, DC | $5,718,790 | $15,311,234 |
Washington Yu Ying Public Charter School Washington, DC | $27,086,728 | $12,170,772 |