Nga Research And Education Foundation
- Assets
- $1.6m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 05/1993
- Data as of
- 12/2022
- EIN
- 54-1634757
Organization Overview
Nga Research And Education Foundation is located in Washington, DC. The organization was established in 1993. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., 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. Nga Research And Education 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 12/2022, Nga Research And Education Foundation generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 56.5% each year . All expenses for the organization totaled $1.5m during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
IMPROVE THE PRODUCTIVITY IN ALL KEY AREAS OF THE GROCERY INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TECHNICAL ASSISTANCE & TRAINING CENTER: THROUGH A GRANT FROM THE FAIR FOOD NETWORK, THE FOUNDATION PROVIDES NO-COST TECHNICAL AND PROGRAM ASSISTANCE TO FOOD RETAILERS TO INCENTIVIZE PURCHASES OF HEALTHY PRODUCE.
EXECUTIVE LEADERSHIP: THROUGH A PARTNERSHIP WITH CORNELL UNIVERSITY, THE NGA FOUNDATION OFFERS THE EXECUTIVE LEADERSHIP DEVELOPMENT PROGRAM TO RISING EXECUTIVES IN INDEPENDENT GROCERY.
SCHOLARSHIP: THE NGA FOUNDATION PROVIDES SCHOLARSHIPS THROUGH THE SUPPORT OF LEGACY DONORS TO STUDENTS PURSUING CAREERS IN GROCERY.
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 |
|---|---|---|---|
Kirk Clark Chairman | OfficerTrustee | 1 | $0 |
Dante Franceschelli Vice Chairman | OfficerTrustee | 1 | $0 |
Robert Graybill Treasurer | OfficerTrustee | 1 | $0 |
Kelli Schaefer-Mcspiritt Secretary | OfficerTrustee | 1 | $0 |
Rick Brindle Regent | Trustee | 1 | $0 |
Joseph Della Noce Regent | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Kate Fitzgerald Ta Center Contractor | 12/30/20 | $148,450 |
John E Mason Ta Center Contractor | 12/30/20 | $115,794 |
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 | $1,223,681 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,223,681 |
| Total Program Service Revenue | $120,781 |
| Investment income | $16,979 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$115 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,394,302 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $695 |
| Grants and other assistance to domestic individuals. | $73,000 |
| 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 | $665,899 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,440 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,504 |
| Fees for services: Other | $318,779 |
| Advertising and promotion | $0 |
| Office expenses | $49,317 |
| Information technology | $8,745 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $67,020 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $258,308 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $750 |
| Total functional expenses | $1,452,852 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $520,914 |
| Savings and temporary cash investments | $501,786 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $26,410 |
| 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 | $364 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $595,276 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,644,750 |
| Accounts payable and accrued expenses | $117,338 |
| Grants payable | $0 |
| Deferred revenue | $93,000 |
| 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 | $19,788 |
| Total liabilities | $230,126 |
| Net assets without donor restrictions | $1,389,624 |
| Net assets with donor restrictions | $25,000 |
| 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 | $1,644,750 |