Nap Educational Foundation
- Assets
- $1.2m
- Revenue
- $73.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Independence, MO
- Founding
- 05/1985
- Data as of
- 11/2021
- EIN
- 43-1324585
Organization Overview
Nap Educational Foundation is located in Independence, MO. The organization was established in 1985. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nap Educational Foundation 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 11/2021, Nap Educational Foundation generated $73.3k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 17.5% each year . All expenses for the organization totaled $31.6k during the year ending 11/2021. While expenses have increased by 2.1% per year over the past 6 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
THE FOUNDATION SUPPORTS THE NATIONAL ASSOCIATION OF PARLIAMENTARIANS IN DEVELOPING, PROMOTING AND PROVIDING EDUCATIONAL CONTENT, MATERIALS, SCHOLARSHIPS, AND PROGRAMS BY WAY OF FUNDRAISING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION SUPPORTS THE NATIONAL ASSOCIATION OF PARLIAMENTARIANS IN DEVELOPING, PROMOTING, AND PROVIDING EDUCATIONAL CONTENT, MATERIALS, SCHOLARSHIPS, AND PROGRAMS BY WAY OF FUNDRAISING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sandra K Olson President | OfficerTrustee | 5 | $0 |
Ann Guiberson Vice President | OfficerTrustee | 3 | $0 |
Alison Wallis Secretary | OfficerTrustee | 3 | $0 |
Ronald R Stinson Treasurer | OfficerTrustee | 3 | $0 |
Cynthia Launchbaugh Advisor | Officer | 1 | $0 |
Ramona Marsalis-Hill Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,123 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,123 |
| Total Program Service Revenue | $38,327 |
| Investment income | $14,686 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $15,203 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $73,339 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $22,896 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $4,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $903 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $1,190 |
| All other expenses | $0 |
| Total functional expenses | $31,553 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,889 |
| Savings and temporary cash investments | $20,002 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,203,484 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,230,375 |
| Accounts payable and accrued expenses | $845 |
| 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 | $845 |
| Net assets without donor restrictions | $1,224,530 |
| Net assets with donor restrictions | $5,000 |
| 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 | $1,230,375 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Nap Educational Foundation has recieved totaling $5,005.
| Awarding Organization | Amount |
|---|---|
Carl And Caroline Swanson Foundation Inc Omaha, NE PURPOSE: UNRESTRICTED GENERAL OPERATING FUND | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Grinnell College Medical Benefit Plan Trust Agreement Grinnell, IA | $11,174,588 | $9,791,771 |
Blanche Ebert Seaver Trust For Frank R Seaver College Chicago, IL | $130,613,951 | $5,090,055 |
Auxiliary Services Foundation Memphis, TN | $24,476,321 | $9,276,607 |
William Rainey Harper College Educational Foundation Palatine, IL | $50,154,930 | $4,699,112 |
College Heights Foundation Inc Bowling Green, KY | $121,076,020 | $12,280,275 |
Northern Kentucky University Foundation Inc Highland Heights, KY | $152,385,239 | $8,696,843 |
Rochelle Zell Jewish High School Deerfield, IL | $17,970,776 | $8,473,073 |
Iowa State University Research Park Corp Ames, IA | $68,199,725 | $11,124,615 |
Pittsburg State University Foundation Inc Pittsburg, KS | $127,952,768 | $13,650,196 |
Western Kentucky University Foundation Bowling Green, KY | $138,269,164 | $12,431,849 |
East Tennessee State University Foundation Johnson City, TN | $138,793,222 | $16,207,692 |
University Of Central Missouri Foundation Warrensburg, MO | $77,602,876 | $17,903,644 |