The National Society Of Collegiate Scholars
- Assets
- $3.7m
- Revenue
- $3.2m
- Investments
- $2.7m
- Employees
- 13
- Location
- Washington, DC
- Founding
- 08/1995
- Data as of
- 08/2023
- EIN
- 52-1870777
Organization Overview
The National Society Of Collegiate Scholars is located in Washington, DC. The organization was established in 1995. As of 08/2023, National Society Of Collegiate Scholars employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Society Of Collegiate Scholars 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 08/2023, National Society Of Collegiate Scholars generated $3.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (10.0%) each year. All expenses for the organization totaled $3.9m during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (8.2%) per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
HONORING AND INSPIRING ACADEMIC EXCELLENCE AND ENGAGED CITIZENSHIP THROUGH ITS MEMBERS AND STAFF.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING FY23, NATIONAL SOCIETY OF COLLEGIATE SCHOLARS (THE SOCIETY) ACCOMPLISHED THE FOLLOWING IN ORDER TO MEET ITS EXEMPT PURPOSE:PROVIDED THE OPPORTUNITY FOR SCHOLARSHIPS, AWARDS, AND CHAPTER FUNDING THAT SUPPORTED HIGH ACHIEVING STUDENT SCHOLARS AND CHAPTERS NATIONWIDE.DEVELOPED AND GREW MORE THAN 4,000 STUDENT LEADERS IN NATIONWIDE COMMUNITY SERVICE PROJECTS INCLUDING MENTAL HEALTH AWARENESS AND ADVOCACY WITH ACTIVE MINDS, PACE (PLANNING TO ACHIEVE COLLEGIATE EXCELLENCE) PROGRAM, AND THE NATIONAL LEADERSHIP COUNCIL.HOSTED CHAPTER EVENTS ACROSS THE COUNTRY TO INCLUDE ACTIVE MINDS MENTAL HEALTH AWARENESS AND ADVOCACY, LEADERSHIP SUMMIT, AND COMMUNITY SERVICE PROJECTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Loflin Founder/ceo | OfficerTrustee | 1 | $6,198 |
Scott Mobley Executive Director | OfficerTrustee | 40 | $142,486 |
Jonathan Dunne Chairman | Trustee | 3 | $0 |
Chris Ferguson Treasurer/secretary | Trustee | 1 | $0 |
Toni Avant Board Member | Trustee | 1 | $0 |
Charles Contero-Puls Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Scott Group Inc Printing/postage | 8/30/23 | $551,651 |
Patton-kiehl Group Inc Printing/postage | 8/30/23 | $173,580 |
Rst Marketing Associates Inc Printing/postage | 8/30/23 | $133,039 |
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 | $171,975 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $171,975 |
| Total Program Service Revenue | $2,850,751 |
| Investment income | $67 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $142,655 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,194,476 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $233,518 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $210,985 |
| Compensation of current officers, directors, key employees. | $45,912 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,274,814 |
| Pension plan accruals and contributions | $47,296 |
| Other employee benefits | $126,474 |
| Payroll taxes | $107,048 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,932 |
| Fees for services: Accounting | $28,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $315,198 |
| Advertising and promotion | $13,892 |
| Office expenses | $981,805 |
| Information technology | $256,474 |
| Royalties | $0 |
| Occupancy | $122,323 |
| Travel | $23,276 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,434 |
| Interest | $3,662 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $33,915 |
| Insurance | $12,248 |
| All other expenses | $0 |
| Total functional expenses | $3,909,793 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $359,186 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $81,976 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $53,695 |
| Prepaid expenses and deferred charges | $57,535 |
| Net Land, buildings, and equipment | $327,736 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $2,712,996 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $82,512 |
| Total assets | $3,675,636 |
| Accounts payable and accrued expenses | $4,174,009 |
| 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 | $340,181 |
| Total liabilities | $4,514,190 |
| Net assets without donor restrictions | -$838,554 |
| 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 | $3,675,636 |