National Ass for Equal Opportunity in Higher Education
National Ass for Equal Opportunity in Higher Education reported $31.4 million in revenue and $336,309 in expenses for the fiscal year ending June 30, 2023. Of every $100 it spent, $75.79 went to program services, $24.21 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 100.0% of the total. The highest compensation it reported for one person was $70,000 (PRESIDENT CEO). Revenue rose 9185% between FY2020 and FY2023. Source: Form 990, FY2023.
Where $100 of spending went
The fiscal year ending June 30, 2023 · Form 990, Part IX, line 25 · total expenses $336KFor context, the median across 2,433 covered unclassified charities: $88.27 programs, $11.68 management, $0.05 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2023 · Form 990, Part VIII · total revenue $31MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2023 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 75.8% | 86.7% |
| Management & general Part IX 25(C) ÷ 25(A) | 24.2% | 11.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 100.0% | 29.9% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 3.8% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 58.9% |
| Highest reported compensation Part VII-A, columns D–F | $70,000 | $301,601 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 20.81% | 1.38% |
| People paid over $100,000 Part VII, line 2 | Not reported | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 1,075.1 | 6.8 |
| Independent voting board members Part VI 1a–1b | 5 of 5 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2023 · Form 990, Part III · the three largest programs by expenseDuring fiscal year 2023 nafeo supported its members through a number of projects designed to enhance their viability including initiativesto increase student retention, initiatives to prepare nafeo member institutions for accreditation reviews, the provision of technical assistance to strengthen member colleges and universities, and through public-private partnerships. Nafeo also entered into four new partnerships to support the members in building thier infrastructures wealth
Highest reported compensation
FY2023 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here4 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2023 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b5 · 5 independent
- Audited financial statements Part XII 2bNo
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 52
Correct a figure or respond
Every number above is copied from National Ass for Equal Opportunity in Higher Education's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for National Ass for Equal Opportunity in Higher Education, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 National Ass for Equal Opportunity in Higher Education spent in FY2023, $75.79 went to programs. The full breakdown, from its IRS Form 990:
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All unclassified charities · Largest charities in District of Columbia
Questions people ask
How much of National Ass for Equal Opportunity in Higher Education's spending goes to programs?
In the fiscal year ending June 30, 2023, National Ass for Equal Opportunity in Higher Education reported that 75.8% of its $336,309 in expenses went to program services, 24.2% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does National Ass for Equal Opportunity in Higher Education pay its top executive?
The largest total compensation National Ass for Equal Opportunity in Higher Education reported for one person in the fiscal year ending June 30, 2023 was $70,000, for the role of PRESIDENT CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does National Ass for Equal Opportunity in Higher Education get its money?
Of $31.4 million in revenue in the fiscal year ending June 30, 2023, 100.0% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).
Is National Ass for Equal Opportunity in Higher Education a registered charity?
The IRS lists EIN 23-7439804 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202520559349301602 · read the filing · XML
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202421709349300032 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202210289349301131 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202220189349301102 · read the filing
All filings for EIN 23-7439804: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.