National Association Of College Auxiliary Services Education Fndtn
- Assets
- $791.9k
- Revenue
- $63.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Charlottesville, VA
- Founding
- 02/2005
- Data as of
- 12/2021
- EIN
- 54-2010331
Organization Overview
National Association Of College Auxiliary Services Education Fndtn is located in Charlottesville, VA. The organization was established in 2005. 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. National Association Of College Auxiliary Services Education Fndtn 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 Association Of College Auxiliary Services Education Fndtn generated $63.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.4%) each year. All expenses for the organization totaled $147.1k during the year ending 12/2021. 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
FUND SCHOLARSHIPS AND PROGRAMS TO ENABLE DESERVING INDIVIDUALS THAT MEET ELIGIBILITY CRITERIA ESTABLISHED FROM TIME TO TIME BY THE NACAS FOUNDATION TO PURSUE EDUCATIONAL OPPORTUNITIES, PROMOTE EQUALITY AND THE DIVERSITY OF PEOPLE AND IDEAS FOR THE BENEFIT OF THE PUBLIC, AND FOSTER INNOVATION, COLLABORATION, AND CREATIVE THINKING TO IMPROVE THE QUALITY OF LIFE OF STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDES SUPPORT TO NACAS TO FURTHER PROGRAMS RELATED TO THE FOUNDATION'S 501(C)(3) PURPOSES BY FUNDING NEW PROFESSIONAL DEVELOPMENT PROGRAMS, SUPPORTING SCHOLARSHIPS, AND PROVIDING RESEARCH FUNDS.
THE CAMPUS CARE GRANT AWARDS UP TO $25,000 TO PROGRAMS OR SERVICES THAT SUPPORT STUDENT ACHIEVEMENT BY ADDRESSING THE BASIC NEEDS OF STUDENTS ON CAMPUS, SUCH AS HOUSING, FOOD, MOBILITY, SAFETY, ACADEMIC RESOURCES, AND COUNSELING. THE NACAS FOUNDATION DEVELOPED THE CAMPUS CARE GRANT TO EXPAND THE LEVEL OF SUPPORT CAMPUSES CAN PROVIDE TO STUDENTS THROUGH SERVICE DELIVERY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kennedy Turner Chief Revenue Officer | OfficerTrustee | 2 | $0 |
Pam Burke Treasurer | OfficerTrustee | 2 | $0 |
Jason Rex Tolliver Vice President | OfficerTrustee | 2 | $0 |
Eddie Mills President | OfficerTrustee | 2 | $0 |
Kelsey Finn CEO (thru 3/2021) | Officer | 2 | $0 |
Matthew Marcial CEO (from 9/2021) | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $15,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $42,137 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $57,137 |
| Total Program Service Revenue | $0 |
| Investment income | $5,844 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $62,981 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $137,048 |
| 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 | $0 |
| Fees for services: Legal | $375 |
| Fees for services: Accounting | $5,910 |
| 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 | $1,039 |
| 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 | $1,797 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $967 |
| All other expenses | $0 |
| Total functional expenses | $147,136 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $60,889 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $15,100 |
| 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 | $715,891 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $791,880 |
| Accounts payable and accrued expenses | $970 |
| 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 | $150,241 |
| Total liabilities | $151,211 |
| Net assets without donor restrictions | $162,776 |
| Net assets with donor restrictions | $477,893 |
| 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 | $791,880 |
Grants Awarded
Over the last fiscal year, National Association Of College Auxiliary Services Education Fndtn has awarded $110,192 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Charlottesville, VA PURPOSE: ADVANCE FOUNDATION PURPOSES | $100,000 |
PURPOSE: CAMPUS CARE GRANT TO SUPPORT STUDENT BASIC NEEDS | $5,189 |
Old Westbury, NY PURPOSE: CAMPUS CARE GRANT TO SUPPORT STUDENT BASIC NEEDS | $5,003 |
Endowment Analysis
| Beg. Balance | $353,318 |
| Earnings | $63,497 |
| Net Contributions | $4,365 |
| Grants | $4,600 |
| Ending Balance | $416,580 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Maryland College Park Foundation Inc College Park, MD | $869,831,500 | $109,216,276 |
The University Of Tennessee Foundat Ion Inc Knoxville, TN | $742,610,209 | $198,804,674 |
Nc State Investment Fund Inc Raleigh, NC | $1,930,063,391 | $166,344,497 |
University Of Louisville Foundation Inc Louisville, KY | $1,075,988,166 | $43,496,002 |
Old Dominion University Research Foundation Norfolk, VA | $35,170,684 | $51,598,508 |
University Of Virginia Darden School Foundation Charlottesville, VA | $664,692,543 | $80,428,705 |
Unc Health Foundation Inc Chapel Hill, NC | $571,825,040 | $92,147,897 |
William & Mary Foundation Williamsburg, VA | $1,122,551,962 | $79,373,462 |
University Of Virginia Foundation Charlottesville, VA | $508,958,321 | $36,530,024 |
North Carolina State University Foundation Inc Raleigh, NC | $679,121,022 | $52,520,062 |
University Health Services Inc Richmond, VA | $34,736,696 | $16,366,834 |
Medical College Of Virginia Foundation Richmond, VA | $645,911,510 | $54,318,573 |