National Collegiate Honors Council Inc
- Assets
- $5.1m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 5
- Location
- Lincoln, NE
- Founding
- 06/1981
- Data as of
- 12/2021
- EIN
- 52-1188042
Organization Overview
National Collegiate Honors Council Inc is located in Lincoln, NE. The organization was established in 1981. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. As of 12/2021, National Collegiate Honors Council Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Collegiate Honors Council 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 Collegiate Honors Council Inc generated $1.4m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PROMOTION AND ADVANCEMENT OF HONORS AND SIMILAR EDUCATIONAL PROGRAMS IN AMERICAN COLLEGES AND UNIVERSITIES
Describe the Organization's Program Activity:
PROMOTION AND ADVANCEMENT OF HONORS AND SIMILAR EDUCATIONAL PROGRAMS IN COLLEGES AND UNIVERSITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Beth Rathe Executive Di | Officer | 40 | $107,827 |
Suketu Bhavsar Past Preside | OfficerTrustee | 1 | $0 |
Susan Dinan Vice Preside | OfficerTrustee | 2 | $0 |
Keith Garbutt Treasurer | OfficerTrustee | 2 | $0 |
Laurie Smith Law Secretary | OfficerTrustee | 2 | $0 |
Christina Mcintyre President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $552,500 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $100 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $552,600 |
| Total Program Service Revenue | $575,748 |
| Investment income | $143,358 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $2,108 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $52,736 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,398,194 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $38,806 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $114,367 |
| Compensation of current officers, directors, key employees. | $114,367 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $212,849 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $17,999 |
| Payroll taxes | $25,025 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,268 |
| Fees for services: Accounting | $89,025 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $24,852 |
| Fees for services: Other | $143,842 |
| Advertising and promotion | $76,812 |
| Office expenses | $24,228 |
| Information technology | $24,307 |
| Royalties | $0 |
| Occupancy | $24,066 |
| Travel | $20,125 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $313,234 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,279 |
| Insurance | $7,128 |
| All other expenses | $2,650 |
| Total functional expenses | $1,222,197 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $389,409 |
| Savings and temporary cash investments | $1,137,135 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $65,397 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $23,155 |
| Prepaid expenses and deferred charges | $43,197 |
| Net Land, buildings, and equipment | $5,931 |
| Investments—publicly traded securities | $3,406,430 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,070,654 |
| Accounts payable and accrued expenses | $71,025 |
| Grants payable | $0 |
| Deferred revenue | $326,655 |
| 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 | $397,680 |
| Net assets without donor restrictions | $4,167,485 |
| Net assets with donor restrictions | $505,489 |
| 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 | $5,070,654 |
Endowment Analysis
| Beg. Balance | $2,847,494 |
| Earnings | $70,587 |
| Other Expense | -$80,507 |
| Ending Balance | $2,837,574 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Iowa State Education Assn Des Moines, IA | $17,572,600 | $14,015,697 |
Colorado Education Association Denver, CO | $13,528,201 | $13,711,164 |
Kansas National Education Association Topeka, KS | $10,511,608 | $8,689,631 |
Missouri National Education Association Jefferson City, MO | $11,252,448 | $8,353,095 |
State Higher Education Executive Boulder, CO | $7,000,257 | $6,368,436 |
Kansas Association Of School Boards Topeka, KS | $6,554,606 | $5,309,069 |
Heartland Workforce Solutions Inc Omaha, NE | $1,158,696 | $4,344,047 |
Society Of Teachers Of Family Medicine Leawood, KS | $6,437,999 | $3,934,927 |
Iowa Association Of School Boards Des Moines, IA | $4,695,775 | $3,513,289 |
Wyoming Education Association Cheyenne, WY | $4,135,200 | $3,473,602 |
Nebraska Assn Of School Boards Lincoln, NE | $3,468,686 | $2,631,791 |
American Snowsports Education Association Inc Lakewood, CO | $8,919,775 | $2,872,159 |