National Institute Of Governmental Purchasing Inc
- Assets
- $6.4m
- Revenue
- $7.7m
- Investments
- $2.0m
- Employees
- 32
- Location
- Herndon, VA
- Founding
- 10/1945
- Data as of
- 06/2023
- EIN
- 53-0196623
Organization Overview
National Institute Of Governmental Purchasing Inc is located in Herndon, VA. The organization was established in 1945. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2023, National Institute Of Governmental Purchasing Inc employed 32 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. National Institute Of Governmental Purchasing 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 06/2023, National Institute Of Governmental Purchasing Inc generated $7.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $7.8m during the year ending 06/2023. While expenses have increased by 4.0% per year over the past 8 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO DEVELOP, SUPPORT, AND PROMOTE THE PUBLIC PROCUREMENT PROFESSION.
Describe the Organization's Program Activity:
EVENTS AND CONTENT- EVENTS AND CONTENT INCLUDE FACE-TO-FACE CLASSES IN VARIOUS PUBLIC PROCUREMENT TOPICS, AS WELL AS THE FORUM, NIGP'S ANNUAL CONFERENCE. THE FORUM INCLUDES EDUCATIONAL WORKSHOPS, FORMAL NETWORKING SESSIONS, AND A PRODUCTS EXPOSITION FEATURING THE LATEST PRODUCTS AND SERVICES USED BY THE GOVERNMENT. EDUCATIONAL OPPORTUNITIES INCLUDE GENERAL SESSIONS, FEATURING PROFESSIONAL SPEAKERS AND WORKSHOPS LED BY SUBJECT MATTER EXPERTS ON PROCUREMENT-RELATED ISSUES.
PROFESSIONAL DEVELOPMENT - PROVIDES ONLINE, INDIVIDUAL LIFE-LONG LEARNING EXPERIENCES THAT PROMOTE AND SUPPORT THE PROCUREMENT PROFESSIONALS AND THE ORGANIZATIONS THEY SERVE.
MEMBER SERVICES - PROVIDE ACCESS TO PUBLIC SECTOR-SPECIFIC PROCUREMENT RESOURCES THAT PROVIDE IMMEDIATE BENEFIT AND IMPROVE DAY-TO-DAY OPERATING CAPACITY, IMPROVE SKILLS, FORMULATE NEW DIRECTIONS AND STRENGTHEN CAREER OPTIONS.
ENTERPRISES - INCLUDES VARIOUS NON-DUES REVENUE PROGRAMS PROVIDED TO ASSIST PUBLIC AGENCIES, PRIMARILY THROUGH STRATEGIC PARTNERSHIPS, INCLUDING SPEND ANALYTICS, THE NIGP CODE, AND OTHERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carrie F Mathes Chair | OfficerTrustee | 6.5 | $0 |
Kate M Rotella Chair-Elect | OfficerTrustee | 6.5 | $0 |
Glenn T O'steen Treasurer | OfficerTrustee | 6.5 | $0 |
Stacy L Adams Director | Trustee | 6.5 | $0 |
Lindsay Currie Director | Trustee | 6.5 | $0 |
Jody Jacoby Director | Trustee | 6.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Crescent Event Productions Inc Audio Services | 6/29/23 | $181,206 |
Zorang Inc Website Design | 6/29/23 | $110,691 |
Fern Exposition Services Llc Show Management & Setup | 6/29/23 | $107,832 |
Spargo Exhibitor Registration, Computer Worksta | 6/29/23 | $105,916 |
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 | $210,565 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $210,565 |
| Total Program Service Revenue | $7,316,854 |
| Investment income | $92,408 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $51,137 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,672,492 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $321,704 |
| Compensation of current officers, directors, key employees. | $321,704 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,671,199 |
| Pension plan accruals and contributions | $142,308 |
| Other employee benefits | $311,433 |
| Payroll taxes | $209,869 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $16,536 |
| Fees for services: Accounting | $35,078 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $18,397 |
| Fees for services: Other | $1,758,094 |
| Advertising and promotion | $12,983 |
| Office expenses | $563,430 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $451,621 |
| Travel | $226,640 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $679,078 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $187,171 |
| Insurance | $44,938 |
| All other expenses | $35,043 |
| Total functional expenses | $7,836,898 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $501,328 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $477,020 |
| 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 | $513,248 |
| Net Land, buildings, and equipment | $233,270 |
| Investments—publicly traded securities | $2,524,182 |
| Investments—other securities | $2,045,141 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $80,945 |
| Total assets | $6,375,134 |
| Accounts payable and accrued expenses | $669,710 |
| Grants payable | $0 |
| Deferred revenue | $2,970,496 |
| 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 | $52,158 |
| Total liabilities | $3,692,364 |
| Net assets without donor restrictions | $2,682,770 |
| 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 | $6,375,134 |
Grants Awarded
Over the last fiscal year, National Institute Of Governmental Purchasing Inc has awarded $54,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSAL PUBLIC PROCUREMENT CERTIFICATION COUNCIL PURPOSE: See Part IV | $46,000 |
OPERATION GRATITUDE PURPOSE: Care kits | $8,000 |